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Spain, ‘Brexit,’ Puerto Rico: Your Friday Briefing Spain, ‘Brexit,’ Puerto Rico: Your Friday Briefing
(about 5 hours later)
(Want to get this briefing by email? Here’s the sign-up.)(Want to get this briefing by email? Here’s the sign-up.)
Good morning.Good morning.
Here’s what you need to know:Here’s what you need to know:
• In Catalonia, campaigning ends today ahead of a referendum on independence scheduled for Sunday, despite the Spanish government’s aggressive efforts to stop the vote.• In Catalonia, campaigning ends today ahead of a referendum on independence scheduled for Sunday, despite the Spanish government’s aggressive efforts to stop the vote.
Our correspondent reports that the chances of Catalonia leaving Spain soon remain remote, whatever happens on Sunday. Here is his analysis of what’s at stake, and his conversation with Carles Puigdemont, above, the region’s leader.Our correspondent reports that the chances of Catalonia leaving Spain soon remain remote, whatever happens on Sunday. Here is his analysis of what’s at stake, and his conversation with Carles Puigdemont, above, the region’s leader.
The mayor of Barcelona, the Catalan capital, has called on the European Union to mediate in the political crisis. “If Europe wants to have credibility as a project, it needs to redirect this situation,” she said. Check nytimes.com through the weekend for our journalists’ latest reports from Spain.The mayor of Barcelona, the Catalan capital, has called on the European Union to mediate in the political crisis. “If Europe wants to have credibility as a project, it needs to redirect this situation,” she said. Check nytimes.com through the weekend for our journalists’ latest reports from Spain.
Our Interpreter columnists look at the dilemma many secessionist movements face: popular will versus international recognition.Our Interpreter columnists look at the dilemma many secessionist movements face: popular will versus international recognition.
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• “Brexit,” revitalizing the E.U. and finding common ground on digital taxation are the key issues at today’s meeting of European leaders in Tallinn, Estonia.• “Brexit,” revitalizing the E.U. and finding common ground on digital taxation are the key issues at today’s meeting of European leaders in Tallinn, Estonia.
Theresa May, the British prime minister, intends to underscore her proposed “new security partnership” with Europe by visiting British troops stationed in Estonia. Her more conciliatory tone has helped advance “Brexit” talks, said Michel Barnier, Brussels’s negotiator.Theresa May, the British prime minister, intends to underscore her proposed “new security partnership” with Europe by visiting British troops stationed in Estonia. Her more conciliatory tone has helped advance “Brexit” talks, said Michel Barnier, Brussels’s negotiator.
Chancellor Angela Merkel of Germany endorsed French plans to bind the E.U. closer together. Those aspirations, however, could be restrained by Ms. Merkel’s efforts at home to form a coalition, in part with the Free Democrats, a party opposed to establishing a common eurozone budget. Chancellor Angela Merkel of Germany welcomed French plans to bind the E.U. closer together. Those aspirations, however, could be restrained by Ms. Merkel’s efforts at home to form a coalition, in part with the Free Democrats, a party opposed to establishing a common eurozone budget.
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• In Puerto Rico, desperation and frustration are growing over the pace of emergency relief amid widespread shortages of food, cash and other basic necessities.• In Puerto Rico, desperation and frustration are growing over the pace of emergency relief amid widespread shortages of food, cash and other basic necessities.
The Trump administration said it would temporarily waive a century-old shipping law to ease the flow of goods onto the island.The Trump administration said it would temporarily waive a century-old shipping law to ease the flow of goods onto the island.
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• Under President Trump’s proposed tax plan, Mr. Trump stands to personally save more than $1.1 billion, according to an analysis by our reporters.• Under President Trump’s proposed tax plan, Mr. Trump stands to personally save more than $1.1 billion, according to an analysis by our reporters.
The cuts would also give corporations everything they asked for, but critics question whether savings would spur new hiring and investments.The cuts would also give corporations everything they asked for, but critics question whether savings would spur new hiring and investments.
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• Beijing ordered North Korean companies in China to shut down, part of sanctions resulting from Pyongyang’s nuclear and missile programs.• Beijing ordered North Korean companies in China to shut down, part of sanctions resulting from Pyongyang’s nuclear and missile programs.
Our correspondent met two North Korean spies imprisoned in Ukraine for trying to steal missile technology. Among the two men’s eight cellmates are four convicted murderers. In six years of detention, the two spies have never written or received any letters.Our correspondent met two North Korean spies imprisoned in Ukraine for trying to steal missile technology. Among the two men’s eight cellmates are four convicted murderers. In six years of detention, the two spies have never written or received any letters.
Separately, our longtime sports reporter recounts meeting North Korean athletes in Germany. Above, Ryom Tae-ok, a North Korean figure skater.Separately, our longtime sports reporter recounts meeting North Korean athletes in Germany. Above, Ryom Tae-ok, a North Korean figure skater.
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• Notre-Dame needs a makeover, and it hopes you can help.• Notre-Dame needs a makeover, and it hopes you can help.
The Parisian cathedral, a jewel of medieval Gothic architecture, is crumbling, and the estimated cost for repairs is 150 million euros. Organizations are now trying to raise those funds in France and the United States.The Parisian cathedral, a jewel of medieval Gothic architecture, is crumbling, and the estimated cost for repairs is 150 million euros. Organizations are now trying to raise those funds in France and the United States.
“The idea isn’t to replace every single stone,” said the chief architect in charge of the renovation, who promised to keep its centuries-old “wrinkles.”“The idea isn’t to replace every single stone,” said the chief architect in charge of the renovation, who promised to keep its centuries-old “wrinkles.”
• Rovio Entertainment, the company behind the Angry Birds franchise, was valued around $1 billion ahead of its I.P.O. today.• Rovio Entertainment, the company behind the Angry Birds franchise, was valued around $1 billion ahead of its I.P.O. today.
• In Germany, an investigation into Volkswagen’s diesel emissions scandal expanded with the arrest of the carmaker’s former head of engine development. He will be under intense pressure to testify against others.• In Germany, an investigation into Volkswagen’s diesel emissions scandal expanded with the arrest of the carmaker’s former head of engine development. He will be under intense pressure to testify against others.
• Travis Kalanick once called London the “Champions League” of transportation. His successor as Uber’s chief executive is trying to win that battle with a more conciliatory approach.• Travis Kalanick once called London the “Champions League” of transportation. His successor as Uber’s chief executive is trying to win that battle with a more conciliatory approach.
• IBM has shifted its center of gravity from the U.S. to India.• IBM has shifted its center of gravity from the U.S. to India.
• Here’s a snapshot of global markets.• Here’s a snapshot of global markets.
• The Islamic State issued, for the first time in nearly a year, what appears to be an audio recording of its self-proclaimed caliph, Abu Bakr al-Baghdadi. [The New York Times]• The Islamic State issued, for the first time in nearly a year, what appears to be an audio recording of its self-proclaimed caliph, Abu Bakr al-Baghdadi. [The New York Times]
• A French court sentenced the mother of a jihadist, who is thought to have died in Syria, to two years in jail over money she sent him. [Radio France International]• A French court sentenced the mother of a jihadist, who is thought to have died in Syria, to two years in jail over money she sent him. [Radio France International]
• A court in Russia ruled that a former top sports official who exposed a doping scheme at the Sochi Olympics will be arrested if he returns to the country. [The New York Times]• A court in Russia ruled that a former top sports official who exposed a doping scheme at the Sochi Olympics will be arrested if he returns to the country. [The New York Times]
• Also in Russia, the latest exposé by Alexei Navalny, the opposition leader, took aim at a prominent Kremlin-friendly television journalist, Vladimir Solovyov. [Moscow Times]• Also in Russia, the latest exposé by Alexei Navalny, the opposition leader, took aim at a prominent Kremlin-friendly television journalist, Vladimir Solovyov. [Moscow Times]
• Julia Louis-Dreyfus, the six-time Emmy-winning actress, paired the news that she has breast cancer with a call for universal health care in the United States. [The New York Times]• Julia Louis-Dreyfus, the six-time Emmy-winning actress, paired the news that she has breast cancer with a call for universal health care in the United States. [The New York Times]
• Elon Musk, the billionaire founder of SpaceX, is revising his ambitions for sending people to Mars in the next decade. [The New York Times]• Elon Musk, the billionaire founder of SpaceX, is revising his ambitions for sending people to Mars in the next decade. [The New York Times]
• The police in Berlin ended the weeklong occupation of the Volksbühne theater by left-wing activists, who sought to turn it into a collectively run theater. [Berliner Morgenpost]• The police in Berlin ended the weeklong occupation of the Volksbühne theater by left-wing activists, who sought to turn it into a collectively run theater. [Berliner Morgenpost]
Tips, both new and old, for a more fulfilling life.Tips, both new and old, for a more fulfilling life.
• Recipe of the day: Tonight, consider a savory meal of spaghetti with cauliflower, almonds, tomatoes and chickpeas.• Recipe of the day: Tonight, consider a savory meal of spaghetti with cauliflower, almonds, tomatoes and chickpeas.
• How to tell if someone is lying, and eight more conversation tips from an expert interviewer.• How to tell if someone is lying, and eight more conversation tips from an expert interviewer.
• Moving? Here are five things you’ll want around before (and right after) moving day.• Moving? Here are five things you’ll want around before (and right after) moving day.
• Visitors of Athens looking for a sense of where locals in the Greek capital hang out should head to Kifissia, a leafy suburb. Above, a restaurant there.• Visitors of Athens looking for a sense of where locals in the Greek capital hang out should head to Kifissia, a leafy suburb. Above, a restaurant there.
• Soccer news: Bayern Munich fired its coach, Carlo Ancelotti. He was “sacked for being exactly what Bayern wanted but not, as it turned out, what they needed,” writes our correspondent.• Soccer news: Bayern Munich fired its coach, Carlo Ancelotti. He was “sacked for being exactly what Bayern wanted but not, as it turned out, what they needed,” writes our correspondent.
• More on Hugh Hefner’s passing: We collected some reactions — not all of them celebratory — on his legacy, and pajamas.• More on Hugh Hefner’s passing: We collected some reactions — not all of them celebratory — on his legacy, and pajamas.
• The Prix de l’Arc de Triomphe this weekend is one of the most respected horse races in the world. Chantilly will host this year’s Arc while its regular home, Longchamp in Paris, is renovated.• The Prix de l’Arc de Triomphe this weekend is one of the most respected horse races in the world. Chantilly will host this year’s Arc while its regular home, Longchamp in Paris, is renovated.
• Finally, a month of fashion shows also produced a wild array of street styles. Here’s what stood out in New York, London, Milan and Paris.• Finally, a month of fashion shows also produced a wild array of street styles. Here’s what stood out in New York, London, Milan and Paris.
It remains the biggest drop in points ever for the Dow Jones industrial average: 778 points.It remains the biggest drop in points ever for the Dow Jones industrial average: 778 points.
Nine years ago today, American markets looked grim, even before the New York Stock Exchange opened. Overnight, news broke that major Asian and European banks lacked cash to lend. Credit markets were virtually frozen.Nine years ago today, American markets looked grim, even before the New York Stock Exchange opened. Overnight, news broke that major Asian and European banks lacked cash to lend. Credit markets were virtually frozen.
At 1:30 p.m., trading floors went silent, as televisions broadcast the House of Representatives doing the unimaginable: rejecting a $700 billion bailout plan. It lost by 13 votes.At 1:30 p.m., trading floors went silent, as televisions broadcast the House of Representatives doing the unimaginable: rejecting a $700 billion bailout plan. It lost by 13 votes.
By end of the day, almost $1.2 trillion was knocked off the stock market as traders tried to unload troubled mortgage-backed securities.By end of the day, almost $1.2 trillion was knocked off the stock market as traders tried to unload troubled mortgage-backed securities.
On Oct. 3, 2008, Congress passed a new $700 billion bailout, but most investors were still pessimistic about the economy, and the Dow Jones continued to fall rapidly until March 2009.On Oct. 3, 2008, Congress passed a new $700 billion bailout, but most investors were still pessimistic about the economy, and the Dow Jones continued to fall rapidly until March 2009.
For the past eight years, the Dow Jones has surged upward. President Obama’s stimulus package was seen to have lifted the economy and cut unemployment, and recently investors have liked President Trump’s push to cut business taxes. This year the Dow Jones surpassed 22,000, a record.For the past eight years, the Dow Jones has surged upward. President Obama’s stimulus package was seen to have lifted the economy and cut unemployment, and recently investors have liked President Trump’s push to cut business taxes. This year the Dow Jones surpassed 22,000, a record.
Thomas Furse contributed reporting.Thomas Furse contributed reporting.
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Your Morning Briefing is published weekday mornings and updated online.Your Morning Briefing is published weekday mornings and updated online.
This briefing was prepared for the European morning. Browse past briefings here.This briefing was prepared for the European morning. Browse past briefings here.
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