[The Presidential Daily Brief] [The Presidential Daily Brief]
March 7, 2016
[The Presidential Daily Brief]
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Important
[Polls open tomorrow in Michigan, where Hillary Clinton and Bernie Sanders duked it out last night. Source: Getty]
[Democrats' Tempers Fly in Michigan]
A lot's at stake in the Great Lake State. Hillary Clinton and Bernie Sanders debated yesterday in Flint, discussing the city's water contamination crisis and auto industry. Clinton joined Sanders' months-old call for Gov. Rick [Snyder] to resign before criticizing the Vermont senator for not supporting the 2009 auto bailout. And Sanders blamed the former secretary of state for advocating trade deals that cost Michiganders jobs while aggressively wooing Black voters. No blood was drawn, [says] OZY's Nick Fouriezos, who believes, despite Sanders' win in Maine, that the race remains Clinton's to lose.
Sources: [Fortune], [Politico], [NYT]
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[EU Looks to Shut Down Major Migrant Route]
Can they close the door? Turkish and EU leaders are holding emergency talks on the Continent's [refugee] problem today in Brussels, where European officials hope to convince Turkey to take back economic migrants. They'll be offering Ankara $3.3 billion to sweeten the deal as they look to halt the flow and declare the northern Balkan route closed. Later, they'll be joined by British Prime Minister David Cameron as EU states - long at odds over the best way forward - try to hash out a common approach to the crisis.
Sources: [BBC]
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[Former First Lady Nancy Reagan Dies at Age 94]
She always put "dear Ronnie" first. The actress-turned-political wife, who died yesterday of congestive heart failure, was one of America's most influential first ladies, advising her [husband] and even taking on rivals like his chief of staff. Born Anne Frances Robbins in New York City, she appeared in films and TV shows as Nancy Davis before becoming Ronald Reagan's second wife. Later, she cared for her Alzheimer's-stricken spouse while crusading for a cure, and she will long be remembered for her elegance and devotion.
Sources: [CNN], [NYT]
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[Economists Ring Warning Bell on Negative Interest Rates]
It's a minus. So says the Bank of International Settlements, which just issued an advisory against the unconventional monetary policy of negative interest rates being practiced by central banks in Europe and Japan. The warning comes ahead of the European Central Bank's expected March 10 push to lower rates further, to minus 0.4 percent. Some central banks are betting on red to keep deflation at bay, but BIS experts say that's risky because it's difficult to predict how [investors] or institutions will react if rates fall even further.
Sources: [CNN Money], [FT (sub)]
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Briefly
Business dispute leads to deadly rampage in Sydney. [(SMH)]
North Korea threatens South Korea and U.S. with nukes - again. [(BBC)]
Tennis star Maria Sharapova set to make 'major announcement.' [(USA Today)]
Email inventor Ray Tomlinson dies at age 74. [(FT)] sub
Iranian billionaire Babak Zanjani sentenced to death in corruption trial. [(CNN)]
[The Presidential Daily Brief]
INTRIGUING
[Drilling Expedition Planned for 'Dino-Killing' Crater]
They want to make an impact. Many believe the Chicxulub crater off Mexico's coast is where a six-mile-wide meteor struck around 66 million years ago, killing the dinosaurs. But what else did the collision do? Scientists plan to drill 800 meters down into the 110-mile-wide undersea crater to [investigate] the impact's effects on the oceans. Researchers from the International Ocean Discovery Program, who launch their $10 million mission this spring, hope to learn how life made a comeback and what it could mean for Earth's future.
Sources: [CSM], [Tech Times]
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[How a Refugee Camp Became a City]
Will they ever pack up these tents? The Dadaab camp in eastern Kenya was set up in 1992 to house Somalis fleeing civil war, but it has become a veritable city. The 140,000-strong camp has developed police stations and bus stops, but inhabitants suffer malnutrition and poor health care. East Africa is home to three million migrants - three times the number that poured into Europe last year. And while the U.N.'s trying to repatriate some of the refugees, many remain stuck in Kenya, forbidden from working or integrating.
Sources: [OZY]
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[Dating Apps Add Friendly Features]
Matchmaker, matchmaker, [make] me a match ... or at least help me have some fun. Hookup-culture heavyweight Tinder is adding a button that allows friends to play matchmaker - and more easily share and mock profiles with their contacts - by generating temporary profile links that can then be used to swipe right or left. Meanwhile, [dating app] Bumble has announced a new BFF mode that will let users look for platonic relationships, rather than just casual sex, and is reportedly planning to roll out friendship-specific profiles.
Sources: [NY Magazine], [Tech Times]
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[Fans Say Goodbye to 'Downton Abbey']
Now it really is a thing of the past. After six highly [acclaimed] seasons, the post-Edwardian drama's finale aired last night in America. Creator Julian Fellowes said he hoped fans felt a "sense of warmth" as they bid farewell to the Crawleys and the staff that kept the British aristocrats warm and fed. The Emmy-winning series was PBS's most-viewed drama, so the 45-year-old network may be even more upset than fans, and it now hopes to keep some converts tuned in with period drama Mercy Street.
Sources: [EW], [Forbes]
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[Lakers Upset Warriors in Lopsided Defeat]
Sometimes worst beats first. Cellar-dwelling L.A., with the NBA's second-worst record, brought back that Showtime feel for one day, with a stunning 112-95 romp over reigning champs Golden State. It's only the sixth loss for [Stephen Curry's] crew - a detour on their dominant drive to break the single-season win record. The Splash Brothers struggled, going just 1-18 from 3-point range and leading coach Steve Kerr to declare, "We got what we deserved." Next they'll host the Magic at home, where they're undefeated this year.
Sources: [ESPN], [LA Times]
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