Japan

Early August panic in the markets was down to a collapse of faith in a trading tool, known as the yen carry trade.

Fumio Kishida was considered a consistent foreign policy performer but has struggled to overcome dire approval ratings at home.

As the dust settles, the big question is whether last week’s market ructions were a harbinger of weaker growth.

NATO seeks to put forward a united front against Russia at its 75th anniversary summit, but is undermined by divisions over China.