German president, long-time diplomat and SPD figure
King Harald V has died at 89. His son, Crown Prince Haakon, has become King Haakon VIII and will take the constitutional oath on Tuesday. Queen Mette-Marit and Crown Princess Ingrid Alexandra have assumed their new roles. The royal family and Norway have entered official mourning; the funeral is set for Sept. 9.
ADGM reports a near 14,000 active licenses by June, with assets under management up 54% year over year. Separately, Parpública has submitted its assessment after binding bids from two airlines, with the presidency negotiating to reflect their close value.
Germany has announced Munich as the Olympic candidate city, with Berlin, Hamburg, and Cologne out of the race. The DOSB will engage in continuous dialogue with the IOC ahead of a 2027 shortlisting, aiming for a bid decision by mid-2029. Munich’s bid centers on the Olympic Park and follows a 2025 referendum showing broad local support.
The AfD has won power in Saxony-Anhalt and the broader German political landscape is facing a realignment as multiple parties confront the far right's gains. Bundestag calculations, Berlin’s shifting Left/Green dynamics, and CDU vulnerability are in focus as coalition options and firewall politics are tested.