Monday, March 25

ByKevin Sheekey

Not an Exoneration: This crucial sentence from the Mueller report should give Trump and his allies pause before declaring victory: “While this report does not conclude that the president committed a crime, it also does not exonerate him.”

See for yourself: Click here to read the 4-page letter from Attorney General William Barr summarizing the Mueller report.

As we wait to see the full Mueller report, assuming it becomes public, here’s what I’m reading:
Trump Can Take a Victory Lap, But It’s a Partial One (Bloomberg Opinion – Tim O’Brien)
Trump Probes in New York Become Focus After Mueller Closes Shop (Bloomberg)
Trump Claims Vindication, Eyes Vengeance (Axios AM – Mike Allen)
Trump and his allies are already pushing to investigate the investigators and attack the media. “Within an hour of learning the findings, Trump called for an investigation of his critics and cast himself as a victim,” reports the Washington Post. “Aides say Trump plans to … call for organizations to fire members of the media and former government officials who he believes made false accusations about him.”

Don’t Forget: What Mueller’s Investigation Has Already Revealed (Washington Post)

That Was Fast: Russia Urges Trump to Grab Chance for New Ties After Mueller (Bloomberg)

London “Put It To the People” March: One Million March in Central London Saturday to Call For Another EU Referendum (BBC)
Check out the bird’s eye view from @TicToc here.

Less Farage, More Fromage: Former UKIP Leader Nigel Farage Draws 200 to Pro-Brexit Rally in Nottingham (Vox)

Xi Jinping in Europe: China Recruits Italy’s Populists for Global Spending Spree, Belt and Road Initiative (Bloomberg)
Next stop, France: Xi dined with French President Emmanuel Macron and Brigitte Macron on the French Riviera last night.

Recession Watch: One by One, Global Bond Markets Are Flashing the Same Warning of Slowdown (Bloomberg)

Mohamed El-Erian: Beware of Misreading the Inverted Yield Curve – It Doesn’t Necessarily Signal Recession
(Bloomberg Opinion)

Tax Consequences: U.S. Posts Largest-Ever Monthly Budget Deficit in February Amid 20 Percent Drop in Corporate Tax Revenue and Spending Boost (Bloomberg)

Quick Reversal: Trump Surprises Own Aides by Reversing North Korea Sanctions (New York Times)
“President Trump likes Chairman Kim, and he doesn’t think these sanctions will be necessary,” said White House press secretary Sarah Huckabee Sanders.

Cyclone Aftermath: Death Toll Tops 750 in Southern Africa – More Than 100,000 Displaced as Malaria and Cholera Outbreaks Loom (France 24)

Climate of Hope: Copenhagen Wants to Show How Cities Can Fight Climate Change – Aims for Net Carbon Neutral by 2025 (New York Times)

First on the Bloomberg:
Uber Is Said to Seal $3.1 Billion Careem Purchase This Week (Bloomberg)

Tech Preview: Apple’s Reinvention as a Services Company Starts for Real Today (Bloomberg)
Devices take a back seat to video, news, gaming subscriptions as the company tries it’s biggest strategy change since the iPhone in 2007.


Best of late night.

On the U.S. college basketball championship tournament:
“The NCAA tournament is here. Finally, a chance for college kids to drink and watch some sports!”
— Jimmy Fallon

“You guys, it’s the first weekend of Spring! And what better way to celebrate spring than spending the next 2 days on the couch watching March Madness! Isn’t it great?”
— Jimmy Fallon

“For Easter, some Ikea stores are having an all-you-can-eat buffet. Because if spending the holidays with the family wasn’t stressful enough, let’s throw in a trip to Ikea into the mix.”
— Jimmy Fallon

From The Tonight Show with Jimmy Fallon.