US–Europe Tensions: German Chancellor Friedrich Merz says he “would not recommend” his children move to the United States, blaming a worsening “social climate” and job prospects—an extra headache for Berlin after his recent phone call with Trump. Auto Industry: Volkswagen’s CEO Oliver Blume told workers there are no current talks with Chinese automakers about plant overcapacity, even as Europe’s car slump keeps pressure on German factories. Security & NATO: NATO chief Mark Rutte played down the impact of US troop cuts in Europe, calling them rotational and not a hit to defence plans, while Europe watches for further changes. Russia–Ukraine Diplomacy: Reports say China trained hundreds of Russian soldiers for Ukraine, adding to worries about Beijing’s support for Moscow. Markets: European stocks climbed near two-week highs as oil and yields eased and investors waited on Nvidia’s earnings. Tech & Money: Germany’s AllUnity unveiled a Swedish krona stablecoin plan plus “agentic payments” for AI-driven transactions.