We are live from the shores of Lake Como where EU Economy Commissioner Paolo Gentiloni says that the continent must move to fill the geo-political void created by the U.S. following the Afghanistan withdrawal. French Finance Minister Bruno Le Maire also echoes the sentiment, telling CNBC that EU nations must now increase defence spending. In the U.S., the August jobs report falls short of expectations with hospitality and leisure sector growth faltering. We are also live at the IAA Mobility show in Munich where VW CEO Herbert Diess says automated vehicles are the future of the car industry. 

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