Most Read on the Bloomberg Terminal:
China is Studying Yuan Devaluation as Tool in Trade Spat (Bloomberg)
In other trade war news: Trump Predicts China Will Be First to Buckle in Trade Dispute (Bloomberg)
In real war news: The Mystery Strike on Syria No One Will Claim (Bloomberg)
Who fired missiles at a Syrian airbase? The Pentagon denied involvement, as did France. With few others possessing the capabilities, suspicions trained on Israel, which has targeted convoys in Syria before. As is its custom, Israel had no comment on a Russian Defense Ministry statement accusing it of carrying out the raid.
Deutsche Bank Names New CEO in Broad Revamp:
Deutsche Bank Solves One Crisis With New CEO. Now Onto the Next (Bloomberg)
Analysis: More Deutsche, Less Bank: Lender’s search for a CEO ends with the safety-first candidate (Bloomberg Gadfly)
Bipartisan Anger Facing Zuck Tomorrow: Meet the U.S. Lawmakers Who Could Give Zuckerberg Hell (Axios)
Populism Watch: Hungarian Prime Minister Viktor Orban Scores Crushing Win in Boost to EU Populists (Bloomberg)
Brazil’s Lula Surrenders to Begin Prison Sentence, End Standoff (Bloomberg)
Brazil’s former President Luiz Inacio Lula da Silva spent his first night of a 12-year sentence in prison after turning himself in more than 24 hours past a court-ordered deadline. Lula left the metalworkers union headquarters outside Sao Paulo — where he’d been holed up for three days — on foot Saturday after supporters thwarted a previous attempt to leave by car.
Personal Finance Section: American Express, Discover, Mastercard and Visa will stop requiring signatures for credit card transactions (New York Times)
Raising Women’s Voices: Forbes interviews Bloomberg senior executive editor Laura Zelenko and writes: “Bloomberg is recognized as a leader in driving gender diversity in its organization. What’s impressive to me is their leaders’ vision to not only elevate women’s voices within the organization, but also in the industry….Through its efforts, I believe Bloomberg is helping promote equality by shaping the perceptions of future generations of young women and men on what an expert or leader looks like.” (Forbes)
Today in Good News: U.S. Virgin Islands Remarkable Recovery Since Hurricane Irma (MSNBC)
It’s been seven months since the U.S. Virgin Islands were devastated by hurricane Irma. Stephanie Ruhle recently went back to the islands and found the Bloomberg-aided recovery process has been remarkable.
Daybook Preview: At the Bloomberg New Energy Finance Summit in New York City today, UN Special Envoy for Climate Action and Mike Bloomberg joins the UK Minister of State for Energy and Clean Growth Claire Perry, and Canada’s Minister of Environment and Climate Change Catherine McKenna, to discuss a new partnership.
Headlines from around the world.
China Daily: Trump’s actions may not have a happy ending
Bloomberg (Japan): Japan’s Abe Apologizes Again as Scandals Deepen Mistrust
The Guardian (UK): Syria and Russia accuse Israel of missile attack on Assad airbase
The Moscow Times: US wants to divide and impoverish Russians – Foreign Ministry claims
Sports update: Victory for “Captain America”: No One Laughing After Patrick Reed’s Masters Win (Associated Press)
Patrick Reed is presented with the green jacket by Sergio Garcia of Spain during the green jacket ceremony after winning the 2018 Masters Tournament at Augusta National Golf Club on April 8, 2018 in Augusta, Georgia. (Photo by David Cannon/Getty Images)
Best of late night.
John Oliver took on the issue of abortion on Sunday night, exposing the tactics of pseudo-health care organizations known as crisis pregnancy centers.
Watch: Crisis Pregnancy Centers (Last Week Tonight with John Oliver – HBO)
Saturday Night Live opened with President Trump (Alec Baldwin) holding a press conference with the leaders of the Baltic States (Kate McKinnon, Alex Moffat, Heidi Gardner).
Watch: Donald Trump Baltic States Cold Open (NBC)