President Biden issues a major disaster declaration for the state of Louisiana as Hurricane Ida makes landfall as a category 3 storm, with torrential rains and rising waters that have knocked out power and shut down the Gulf's oil platforms. Germany's SPD extends its lead over Chancellor Merkel's Conservatives, while a snap poll shows Olaf Scholz winning the 3-way debate, as Saxony's President tells CNBC the race is wide open. A US drone strike kills two high-profile ISIS members accused of plotting the deadly attacks in Kabul, as western forces continue evacuations ahead of tomorrow's withdrawal deadline. And Fed Chair Jerome Powell soothes taper concerns, striking a dovish note in his Jackson Hole address and leading US markets back to record highs.

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