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Stock Market, AfD, Salah Abdeslam: Your Tuesday Briefing Stock Market, AfD, Salah Abdeslam: Your Tuesday Briefing
(35 minutes later)
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Good morning.Good morning.
Plunging stock markets, right-wing populists in Germany and Italy and our first article using augmented reality. Here’s the news:Plunging stock markets, right-wing populists in Germany and Italy and our first article using augmented reality. Here’s the news:
• Stock markets around the world tanked further as the sell-off entered its second week.• Stock markets around the world tanked further as the sell-off entered its second week.
In a strange way, investors are nervous that the global economy is doing too well.In a strange way, investors are nervous that the global economy is doing too well.
If the momentary sputter turns worse, it could become awkward for President Trump, who has often claimed credit for rising share prices. (More on this in today’s The Daily podcast.)If the momentary sputter turns worse, it could become awkward for President Trump, who has often claimed credit for rising share prices. (More on this in today’s The Daily podcast.)
Our Upshot columnist argues that the drop, so far, is less scary than it seems.Our Upshot columnist argues that the drop, so far, is less scary than it seems.
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• Washington is consumed by partisan battles.• Washington is consumed by partisan battles.
A House committee voted to release the Democratic rebuttal to a Republican memo on surveillance abuse. President Trump, who earlier in the day had called some Democrats “treasonous,” has five days to decide to block its release.A House committee voted to release the Democratic rebuttal to a Republican memo on surveillance abuse. President Trump, who earlier in the day had called some Democrats “treasonous,” has five days to decide to block its release.
(Above, Representative Adam Schiff, the ranking Democrat on the committee, whom Mr. Trump assailed on Twitter.)(Above, Representative Adam Schiff, the ranking Democrat on the committee, whom Mr. Trump assailed on Twitter.)
Meanwhile, we learned that Mr. Trump’s lawyers want him to refuse any interview request in the Russia investigation, which could set up a prolonged court fight.Meanwhile, we learned that Mr. Trump’s lawyers want him to refuse any interview request in the Russia investigation, which could set up a prolonged court fight.
And Congress is careening toward another standoff as government funding is set to expire on Thursday.And Congress is careening toward another standoff as government funding is set to expire on Thursday.
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• In Germany, talks on forming a new coalition sputter on.• In Germany, talks on forming a new coalition sputter on.
Many fear that another coalition of conservatives and Social Democrats would give the far-right AfD party an opportunity to turn its gains in last year’s election into a sustained following.Many fear that another coalition of conservatives and Social Democrats would give the far-right AfD party an opportunity to turn its gains in last year’s election into a sustained following.
To achieve that, the party is widening its blue-collar base and targeting unions. (Above, Guido Thorsten Reil, a miner who left the Social Democrats to become an AfD politician.)To achieve that, the party is widening its blue-collar base and targeting unions. (Above, Guido Thorsten Reil, a miner who left the Social Democrats to become an AfD politician.)
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• The shooting of African immigrants by a far-right extremist in Italy over the weekend has laid bare widespread anti-immigrant anger, and how it has been exploited by the populist Northern League and its leader, Matteo Salvini.• The shooting of African immigrants by a far-right extremist in Italy over the weekend has laid bare widespread anti-immigrant anger, and how it has been exploited by the populist Northern League and its leader, Matteo Salvini.
Mr. Salvini has successfully used the country’s growing economic discontent as a vehicle to reach voters in the south, the formerly secessionist party’s onetime enemy territory.Mr. Salvini has successfully used the country’s growing economic discontent as a vehicle to reach voters in the south, the formerly secessionist party’s onetime enemy territory.
“I like him because he puts Italians first,” a woman told us in Ostia, a Roman seaside suburb. “And I guess he’s a fascist, too. What can you do?”“I like him because he puts Italians first,” a woman told us in Ostia, a Roman seaside suburb. “And I guess he’s a fascist, too. What can you do?”
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• Even in famously egalitarian Scandinavia, motherhood exacts a price on careers.• Even in famously egalitarian Scandinavia, motherhood exacts a price on careers.
Despite generous social policies, women working full time are still paid 15 percent to 20 percent less than men, new research shows — a gender pay gap similar to that in the United States.Despite generous social policies, women working full time are still paid 15 percent to 20 percent less than men, new research shows — a gender pay gap similar to that in the United States.
And for the same main reason: Women spend more time on child rearing.And for the same main reason: Women spend more time on child rearing.
• Saudi Arabia is plotting a shift from oil to renewables. Riyadh plans to build a $300 million solar farm that would generate enough electricity to power 200,000 homes.• Saudi Arabia is plotting a shift from oil to renewables. Riyadh plans to build a $300 million solar farm that would generate enough electricity to power 200,000 homes.
• Broadcom raised its bid for the rival chip maker Qualcomm to about $121 billion, piling pressure on Qualcomm’s leadership, which is fiercely opposed to what would be the tech industry’s biggest-ever takeover.• Broadcom raised its bid for the rival chip maker Qualcomm to about $121 billion, piling pressure on Qualcomm’s leadership, which is fiercely opposed to what would be the tech industry’s biggest-ever takeover.
• A group of Silicon Valley technologists is banding together to challenge the ill effects of services provided by Facebook and Google, companies they helped build.• A group of Silicon Valley technologists is banding together to challenge the ill effects of services provided by Facebook and Google, companies they helped build.
• Virtual currencies have experienced a swift reversal of fortune over the last month as the extent of frauds and flaws in the industry have become increasingly evident.• Virtual currencies have experienced a swift reversal of fortune over the last month as the extent of frauds and flaws in the industry have become increasingly evident.
• Here’s a snapshot of global markets.• Here’s a snapshot of global markets.
• Salah Abdeslam, the sole surviving suspect in the 2015 attacks in Paris, used his first opportunity to speak at a trial in Belgium to suggest that he had been prejudged because he is a Muslim. [The New York Times]• Salah Abdeslam, the sole surviving suspect in the 2015 attacks in Paris, used his first opportunity to speak at a trial in Belgium to suggest that he had been prejudged because he is a Muslim. [The New York Times]
• In Syria, videos of rebels abusing a female Kurdish fighter’s corpse have cast a shadow on Turkey’s allies in the battle for the Kurdish-controlled city of Afrin. [The New York Times]• In Syria, videos of rebels abusing a female Kurdish fighter’s corpse have cast a shadow on Turkey’s allies in the battle for the Kurdish-controlled city of Afrin. [The New York Times]
• The murder in Kenya of an American activist who exposed the illicit trade in ivory and rhino horns sent shock waves through East Africa’s wildlife circles. [The New York Times]• The murder in Kenya of an American activist who exposed the illicit trade in ivory and rhino horns sent shock waves through East Africa’s wildlife circles. [The New York Times]
• A political crisis in the Maldives deepened, as the government declared a state of emergency and arrested Supreme Court justices and a former president. [The New York Times]• A political crisis in the Maldives deepened, as the government declared a state of emergency and arrested Supreme Court justices and a former president. [The New York Times]
• A letter detailing abuse that is said to have been given to Pope Francis has cast doubt on his commitment to “zero tolerance” on such crimes. [The New York Times]• A letter detailing abuse that is said to have been given to Pope Francis has cast doubt on his commitment to “zero tolerance” on such crimes. [The New York Times]
• In Britain, the decision to release John Worboys, convicted of a string of sexual assaults, has drawn fierce criticism of the country’s parole system. [The New York Times]• In Britain, the decision to release John Worboys, convicted of a string of sexual assaults, has drawn fierce criticism of the country’s parole system. [The New York Times]
• A Times Documentary profiles a rising white supremacist leader who depicts himself as an American patriot and Iraq war veteran. The narrative is built on deception. [The New York Times] • A Times Documentary profiles a rising white supremacist leader who depicts himself as an American patriot and Iraq war veteran. His narrative is built on deception. [The New York Times]
• In France, President Emmanuel Macron is expected to meet with Corsican nationalists on a visit to the island meant to strengthen its ties to Paris. [Bloomberg]• In France, President Emmanuel Macron is expected to meet with Corsican nationalists on a visit to the island meant to strengthen its ties to Paris. [Bloomberg]
• It snowed so much in Moscow that the Russian capital called a rare snow day. Expect travel disruptions elsewhere too, including in Spain and France. [Los Angeles Times]• It snowed so much in Moscow that the Russian capital called a rare snow day. Expect travel disruptions elsewhere too, including in Spain and France. [Los Angeles Times]
Tips, both new and old, for a more fulfilling life.Tips, both new and old, for a more fulfilling life.
• Eggs travel smoothly from breakfast to lunch to dinner. And they’re easy to cook.• Eggs travel smoothly from breakfast to lunch to dinner. And they’re easy to cook.
• This customizable quinoa and white bean soup doesn’t need meat to taste good.• This customizable quinoa and white bean soup doesn’t need meat to taste good.
• Are your hangovers getting worse with age? It may be because you’re drinking less.• Are your hangovers getting worse with age? It may be because you’re drinking less.
• Our soccer correspondent writes about how local players in Europe bring a value to their clubs that can’t be bought at any price. Above, Trent Alexander-Arnold of Liverpool.• Our soccer correspondent writes about how local players in Europe bring a value to their clubs that can’t be bought at any price. Above, Trent Alexander-Arnold of Liverpool.
• We’re introducing augmented reality to our coverage, just in time for the Winter Olympics. Try it out: Catch four Olympians, including an Austrian snowboarder, mid-action.• We’re introducing augmented reality to our coverage, just in time for the Winter Olympics. Try it out: Catch four Olympians, including an Austrian snowboarder, mid-action.
• A hundred years ago today, British women gained the right to vote. Revisit the suffragist struggle in campaign posters.• A hundred years ago today, British women gained the right to vote. Revisit the suffragist struggle in campaign posters.
• Some chefs are discovering the subtleties of vinegar made from all kinds of things, including mushrooms and flowers.• Some chefs are discovering the subtleties of vinegar made from all kinds of things, including mushrooms and flowers.
• Scientists have found that animals across the evolutionary spectrum can count, and some are even better at it than we are.• Scientists have found that animals across the evolutionary spectrum can count, and some are even better at it than we are.
“Oh, what a flight.”“Oh, what a flight.”
The Times’s headline about the 1988 N.B.A. All-Star festivities said it all. The weekend belonged to Michael Jordan of the Chicago Bulls, widely considered the greatest basketball player of all time. He cemented his place in slam dunk history 30 years ago today.The Times’s headline about the 1988 N.B.A. All-Star festivities said it all. The weekend belonged to Michael Jordan of the Chicago Bulls, widely considered the greatest basketball player of all time. He cemented his place in slam dunk history 30 years ago today.
In the final round of the slam dunk contest, in which judges award competitors’ creativity, Jordan faced Dominique Wilkins of the Atlanta Hawks.In the final round of the slam dunk contest, in which judges award competitors’ creativity, Jordan faced Dominique Wilkins of the Atlanta Hawks.
In one of his final dunks, Jordan dribbled from the far end of the court and leapt from the foul line, 15 feet from the basket. Back arched, legs trailing behind him, Jordan sailed through the air with one hand pushing the ball toward the basket. The judges awarded him a perfect score.In one of his final dunks, Jordan dribbled from the far end of the court and leapt from the foul line, 15 feet from the basket. Back arched, legs trailing behind him, Jordan sailed through the air with one hand pushing the ball toward the basket. The judges awarded him a perfect score.
The final score could have easily gone to Wilkins, but Jordan was performing in front of a hometown Chicago crowd, which “surely had some influence on the slam dunk judges, and galvanized his All-Star teammates, to say nothing of their considerable effect on The Flying Machine himself,” The Times reported. Above, another famous Jordan dunk from the competition.The final score could have easily gone to Wilkins, but Jordan was performing in front of a hometown Chicago crowd, which “surely had some influence on the slam dunk judges, and galvanized his All-Star teammates, to say nothing of their considerable effect on The Flying Machine himself,” The Times reported. Above, another famous Jordan dunk from the competition.
The next day, Jordan would go on to score 40 points in the All-Star Game.The next day, Jordan would go on to score 40 points in the All-Star Game.
“This was,” Jordan said, “a picture-perfect weekend.”“This was,” Jordan said, “a picture-perfect weekend.”
Remy Tumin contributed reporting.Remy Tumin contributed reporting.
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