China Readies For a Show

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September 02, 2025

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Good Tuesday morning. A West Point football player and his dad rescued a man from a burning car over the weekend. Have a great day.

In Today’s Brief

  • Chicago: Holiday violence

  • Sudan: Devastating landslide

  • House: Big retirement

  • Nestle: CEO ousted

  • Belichick: UNC debut

... and more

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The Top Tip

Red fair

China will hold a massive military parade tomorrow with a who's who of Western adversaries in attendance.

  • What's happening: Beijing will host a Victory Day celebration to commemorate the 80th anniversary of Japan's formal surrender to end World War II. It will be one of the biggest military parades in Chinese history.

  • Guest list: Russian President Vladimir Putin, North Korean dictator Kim Jong Un and Iranian President Masoud Pezeshkian are expected to join Chinese President Xi Jinping in Tiananmen Square along with other African and Asian leaders. Slovakia is the only European Union/NATO member expected to attend.

  • Follow up: The parade comes after Jinping and Putin broke bread with Indian President Narendra Modi at the Shanghai Cooperation Organization summit last week. New Delhi is seeking closer ties with Moscow and warming to China amid trade-driven tensions with President Donald Trump's administration.

  • Big picture: China is expected to use the parade to show off its military might as it seeks to counter American dominance and pull closer to major nations who are not aligned with Washington. Beijing is also working to diminish the American role in ending World War II.

Quick Tips

U.S. News

  • Chicago Mayor Brandon Johnson expects federal forces will enter the city by the end of the week. At least 54 people were shot in the city over the holiday weekend with eight deaths (More | More)

  • Nevada police are investigating a Burning Man participant's death as a homicide. A man was found dead in a pool of blood at the festival; no arrests have been made (More)

  • Over 1M immigrants have left the U.S. labor force since President Trump took office. Preliminary Census Bureau data indicates that both legal and illegal residents have left the workforce (More)

World News

  • At least 1K people died after a landslide leveled a village in Sudan, leaving only one known survivor. A 6.0 earthquake in Afghanistan killed over 800 people and injured close to 3K (More | More)

  • Russia allegedly jammed the GPS on a plane carrying European Commission President Ursula von der Leyen over Bulgaria. The flight needed to use paper maps to land safely; pro-Kremlin Bulgarian nationalists also mobbed a car they believed she was in (More | More)

  • Eight hostages kidnapped from a Haitian orphanage were released after three weeks. The group, which included an Irish missionary who leads the orphanage, was likely abducted by armed gang members at war with government forces (More)

Political News

  • New York Rep. Jerry Nadler will not seek re-election. The high-profile, 78-year-old Democrat has been in the House for over 30 years; he said there is a need for "generational change" in the party (More)

  • House Republicans withdrew a subpoena for ex-FBI Director Robert Mueller regarding the Jeffrey Epstein case. His family told the New York Times he was diagnosed with Parkinson's disease in 2021, after his time as Russiagate special counsel (More)

  • Arizona Gov. Katie Hobbs holds slight polling edges on two potential Republican opponents next year. The Democrat has a 40-38 lead on Karrin Taylor Robsin, the leading GOP candidate (More)

Business & Markets

  • Markets were closed yesterday due to the Labor Day holiday. Stock futures saw little change last night before the first trading session of the month (More)

  • Nestle fired CEO Laurent Freixe. The food and confectionary giant said he failed to disclose a romantic relationship with a subordinate; Philipp Navrati will be his successor (More)

  • Revolut employees will be able to sell up to 20% of personal shares to new and existing investors in the coming weeks. The British banking software firm is now valued at $75B; analysts believe the plan could indicate an IPO delay (More)

Entertainment & Sports

  • Bill Belichick’s first game as North Carolina coach was one to forget. TCU steamrolled the Tar Heels and the eight-time Super Bowl champion in the season opener (More)

  • Lady Gaga will perform at the MTV Music Video Awards. The pop star is nominated for 12 awards at next week's show at UBS Arena in New York; it will be her third time performing at the event (More)

  • Liverpool will pay Newcastle United a reported $170M transfer fee for striker Alexander Isak. It is the largest transfer fee in English Premier League history (More)