Overview

• Brussels opened a formal antitrust investigation into SAP over suspected distortion of competition in maintenance and support services.
• The U.S. Justice Department charged former FBI director James Comey with false statements and obstruction, with up to five years in prison possible if he is convicted.
• President Donald Trump announced a 100% tariff on imported medicines starting October 1, noting companies could avoid the levy by producing in the United States.
• Trump said at the White House that he will not permit Israel to annex the West Bank, staking out a public position on the issue.
• The Bundestag elected Sigrid Emmenegger, Ann-Katrin Kaufhold and Günter Spinner to Germany’s Federal Constitutional Court, while reporting in Germany highlights rising antisemitic protests and growing strain in the auto sector.