+Plus: North Korea Seeks âHeartfelt Dialogueâ With US as Tensions Simmer
[| The Presidential Daily Brief | ](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/4963ff78/9c91591872c9150d38c8dd488044c4e2/-8/) 5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/4963ff78/9c91591872c9150d38c8dd488044c4e2/-8/
[Chase Auto Finance](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/f1910c1d/887229835b3dbe5bd82a5d895a74af6f/-8/)
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IMPORTANT
March 7, 2018
5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/f5e88fa2/a6d7f51f20ed138361b207f493de9726/-8/
[White House economic adviser Gary Cohn, shown here with President Trump in January, has announced his resignation. Source: Getty](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/a8a0d1c9/c2f3153449fb5581db47d5a2fbe647ae/-8/)
[White House Economic Adviser Gary Cohn to Resign](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/092b86d3/6bce185d84c63d81ef2d6c25becfced9/-8/)
Beware the wrath of Cohn. Markets rattled as the Wall Street titan said heâll leave President Donald Trumpâs team in the coming weeks after his [free trade](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/d50865d6/89cd72342f5f5860420e0c5fe433d84b/-8/) agenda took a blow with Trumpâs announcement of high new tariffs on steel and aluminum imports. Cohn nearly resigned before, after Trumpâs infamous comments about white nationalist protests in Charlottesville last August, but he was persuaded to stay and is credited with helping push the Republicansâ $1.5 trillion tax bill last year. Campaign adviser Larry Kudlow has been floated as a possible replacement.
Sources: [Washington Post](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/e73035d3/0c6c67ae74092262562c906d343ef045/-8/), [NYT](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/d2536e10/51738822ade6ec7551988d795caaa4a9/-8/)
[Facebook](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/f57c36b5/4839ce6663136bf2c4a84fd9dc46d4aa/-8/) [Twitter](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/cd638eab/74242b2a495fd219d018251c1cf33df4/-8/)
[Justice Department Sues California Over 'Sanctuary' Policies](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/d443dfc6/a4efbc75a928504c3375cfe1bee0832e/-8/)
Last year, California passed three laws aimed at protecting immigrants. One prohibits businesses from aiding federal agents searching for undocumented workers, while another stops local law enforcement from alerting them when detainees are released. A third created a state inspection program for immigrant detention centers. But now the Trump administration is suing the state, claiming the statutes obstruct federal [immigrationÂ](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/6aaa691c/2dcf6720c35539cf045b65ae15c6b04a/-8/)policy. Gov. Jerry Brown called the suit a âstuntâ â but itâs also seen as a warning to other states pursuing similar legislation to derail the administrationâs crackdown on immigrants.
Sources: [Reuters](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/b1016d50/af41c9d440d0ce2f075fd4eb53411653/-8/), [LA Times](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/d14d6ddb/e807f99f2d45d7b468b99eaa59a85335/-8/)
[Facebook](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/14bf1006/3dbb9e54e6ba59b4adc3b84d97aeca80/-8/) [Twitter](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/dabc8308/2a33a1ff859650ec67bd15b0ca189a94/-8/)
[North Korea Seeks 'Heartfelt Dialogue' With US as Tensions Simmer](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/3083bc20/defc9f344b8fef460c97a5ddd8dd1b03/-8/)
Despite longstanding acrimony between President Trump and Kim Jong Un, South Korean delegates in Pyongyang said [North Korea](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/90788c94/dbe914a84c56959cd4edef0540d3e909/-8/) is willing to negotiate with the U.S. â and to denuclearize if certain assurances are made. Pyongyang hasnât confirmed or denied those terms yet, but U.S. officials expressed cautious optimism. Meanwhile, the State Department issued new sanctions against North Korea, echoing Malaysiaâs year-old conclusion that Pyongyang used chemical weapon VX, a nerve agent, to murder Kimâs half-brother, Kim Jong Nam, in February 2017.
Sources: [NYT](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/fcd46fad/82c24923187ff48f6bb15ec3c8cf6a53/-8/), [DW](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/14c45402/a3573ec83ab4782693afc30504105eb1/-8/)
[Facebook](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/5c78e07b/b91bda802c825b82766cf9e5b98a5b29/-8/) [Twitter](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/48507097/9cae2af3da049708139bdd5130e3ab4f/-8/)
[Sri Lanka Declares State of Emergency Over Religious Violence](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/e83cc4f7/96606dacdd5f917a1593e2751e9fc4bf/-8/)
Soldiers have been deployed across the island for an initial 10-day period in an attempt to quell recent unrest between Sinhalese and Muslim communities in Sri Lankaâs second-largest city, Kandy. The violence began Saturday, reportedly when a taxi carrying four Muslims collided with a van driven by a Sinhalese [Buddhist](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/a69b9ddb/ed83fa537f02aeaac8959412a2ca9bb9/-8/), who was beaten and died in the hospital. The four men were arrested, but scores of houses, shops and mosques have been burned and at least one man has died as government officials call for calm.
Sources: [CNN](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/c5926743/b6ae8c8ce96c2a9140933163f2e99374/-8/)
[Facebook](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/32a78d72/1802b99a9ed59aa5086113954ae21b3b/-8/) [Twitter](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/5bc2681f/74a748f8792b57266f56928863f96525/-8/)
Briefly
Know This:Â Porn actress [Stormy Daniels](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/f5b53d6a/719ef7fd3f891a059bb49999ff8df26f/-8/) is suing President Trump, saying he never signed the alleged agreement in which she was paid $130,000 to keep quiet about what she says was a sexual relationship between them. West Virginiaâs [teachers](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/ec01f40b/4b2b56a41e4c76ce5915d36069426b6d/-8/) have ended their strike after receiving a 5 percent pay raise. And a federal ethics watchdog says White House aide [Kellyanne Conway](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/81a18698/f6544becb0b74394fee374ab45d61a3e/-8/) broke the law by advocating for a Republican candidate in her capacity as a federal employee.
Remember This Number:Â 132 years. Thatâs the age of a [message in a bottle](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/d15b1b0d/ae514d4b396cb080c2771b931e2b3315/-8/), the oldest ever retrieved, recently found on a Western Australia beach. It was tossed into the ocean in 1886 as part of an experiment on ocean drift.
Give Us the Scoop: What do you know and what do you want to discover? If youâve got an idea for an awesome story, weâd love to hear it. Send your pitches to [readerideas@ozy.com](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/5826612b/989e3642cf4c55204a0d93255c023ec8/-8/) and our reporters and editors will run them down.
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[Want a Cool Old Car? Here's How to Avoid Buying a Lemon](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/1c91a9d7/5e32a4c87f114707723199edfc5d87b7/-8/)
When it comes to investing in your first set of wheels, going the used car route can be a major money saver. Our experts are here to help.
Sources: [OZY](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/a1dbafe3/847cb5bfc3966d0577986e013ac113bb/-8/)
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INTRIGUING
[German Far-Right Politicians Visit Syria to Assess Violence](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/2ed3ef39/03b2868774660196b1e1c8f4cabe82d0/-8/)
In a bizarre fact-finding mission, lawmakers from the xenophobic AfD party are traveling around the war-torn country to determine if the conflictâs as bad as the German press says. While claiming itâs not connected to their legislative attempts to send Syrian [refugees](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/60f9d8d1/86f2d0439fc9aaafd333752e439065aa/-8/) back home, party officials â who are staying in âsafeâ areas and meeting with allies of President Bashar Assad â said life in Damascus seemed pleasantly normal. Recent government bombardment in a Damascus suburb has killed 800 people in the last three weeks.
Sources: [The National](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/8969effc/95de1981bc4ed30aaffb6ca7668c49dc/-8/), [DW](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/ff2c1688/d63806cb049e2e7b9b056074b8888062/-8/), [AFP](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/4f78a2d2/31c5ce26c9e5aa317d67990bdf45d3c1/-8/)
[Facebook](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/8fae4db8/7ff879ccbe707557da8f65e6e00eb4bf/-8/) [Twitter](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/9ccc95f5/966bcd7089a3e18c2ca66b4fd4aa7f77/-8/)
[Fyre Festival Organizer Pleads Guilty to Fraud](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/1cbf9785/8c60e52ac845e2acdee588ff18caf2a7/-8/)
Thatâs what happens when you play with fire. Billy McFarland promised investors last year his [music festival](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/abf2ac60/e63127c17174eea481fe7b1be0a2fd93/-8/) in the Bahamas would be âlife-changing,â but festivalgoers rebelled when they arrived for a weekend of Blink-182 and gourmet meals to find the acts were canceled and they were served cheese sandwiches. Now McFarland, who raised $26 million to stage the event, admits he falsified documents and defrauded 80 investors. That could mean decades in prison and a $300,000 fine for the promoter, who says he got in over his head.
Sources: [NPR](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/ea401cac/5fa4f0022612bd8d8add89e85ab9d17e/-8/), [Engadget](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/428c0412/04c12352eda798cd8a64915bedb52641/-8/)
[Facebook](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/e6327c55/2af27ab64a66100ec0a01ec1b4f4b1cf/-8/) [Twitter](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/14380842/efad26e967efb9e162d6e371cdb0af3e/-8/)
[How Malawi's Labor Reform Could Backfire](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/dfdaa53d/af410d9593af7f7b1636dcdbfd95e7cf/-8/)
Hoping to tackle 23 percent youth unemployment and an underutilization of the countryâs available labor, Malawi has launched an ambitious technical training program â but experts warn that it could just mean skilled workers seek their fortunes elsewhere. The countryâs enrollment in vocational programs and public universities is far below the average for an African nation. Despite efforts to change that, officials have yet to lay a clear bureaucratic and legal framework allowing graduates to get loans, start businesses and succeed at home â which means they may choose life abroad instead.
Sources: [OZY](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/2a54180f/c0c86e64788e40c238e431f87301472b/-8/)
[Facebook](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/42b1b9ee/4644d5eed3c74fac7a5e0a945cce12b4/-8/) [Twitter](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/9454881f/c1e30cbe1c2b698c3106fd0020335ae0/-8/)
[Sale of Weinstein Company Falls Apart Again](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/782408b1/e13a218a366f13ee39b19568d79246d8/-8/)
The $500 million deal to purchase the company once headed by disgraced mogul [Harvey Weinstein](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/88022b10/abe23f23519b09e3d0a0622aac013c5c/-8/) is likely dead â for good this time. The potential buyers, led by Maria Contreras-Sweet and Ron Burkle, called it off after reportedly discovering at least $50 million in additional liabilities. The Weinstein board, which is now expected to start bankruptcy proceedings this month, blasted the would-be buyers for not following through on the deal. Meanwhile, New Yorkâs attorney general continues to pursue a civil lawsuit against the Weinstein brothers and the firmâs board.
Sources: [THR](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/519983fa/754bd2a71ddba8540352af19368a66ab/-8/), [Deadline](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/b9d1ff4c/63c71e97a3aee5a3f2b5bf6298ad3dfe/-8/)
[Facebook](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/cb40d689/fcbee71d73e185865269851cd86374d5/-8/) [Twitter](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/94cf6135/855b4c0fcb6d3f1de985effd60b542f6/-8/)
[Steve Kerr Says Undrafted Players Should Return to School](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/b9c5e420/1f59e1540017e107fa4bbb77a92f29de/-8/)
Itâd be a game changer. The Golden State Warriors head coach urged the [NCAA](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/c1fd9e61/42eb3d6d0cd47e3e7eeec46612a00780/-8/)Â to âdo whatâs best for the kidâ and alter rules that currently mean non-senior student players who enter the draft pool must end their college careers. Instead, Kerr said schools should let unsigned players return to college ball. NBA commissioner Adam Silver is reportedly considering alternate paths for 18-year-olds to join the league â another sign that the recent FBI sting, which uncovered bribes in ostensibly unpaid college basketball, is forcing change.
Sources: [SB Nation](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/f9760f3f/13f2041a89a3b8db7f3ca992bbc1b774/-8/), [San Francisco Chronicle](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/c63c0e4b/1a0ce8eecb7e43f5d663f772e4df68f6/-8/), [NY Post](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/2bfb4720/4716a4fd4724f219453833ed742c722d/-8/)
[Facebook](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/74b35c48/33e5761073666111b8a93bf5a5da88a5/-8/) [Twitter](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/7cfd7cae/778a79963ef071cbe55a1c56921ea280/-8/)
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Your 8 must reads to get you ahead of the curve
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Rising Stars
[Can This Soccer Star Score a Seat in Malawi's Parliament?](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/87ec2177/8a67737631d86eb4e9177e77b6ebe39d/-8/)
[Read In Full](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/d4cb4f07/f22dc452be98e1076260a23ef5f3a0f9/-8/)
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Flashback
[How Nina Simone Used Her Musical Art for Racial Justice](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/9ca03764/563c45fb7ead02867d25e9cdf6263e63/-8/)
[Read In Full](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/fc33d47b/96c56f829e1ce70c38078819972876e8/-8/)
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Politics & Power
[The Gun Debate Is Starting to Divide Democrats](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/57cc4b4b/35c43ef9a0a3687658f6e73dc978aab3/-8/)
[Read In Full](5a9fc851edaa4ea373f54365:ot:591df7fbac0c811781aa5dbc:1/53a7982a/09e6f24f58331a23e1d066ca59b7234f/-8/)
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[OZY]
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