Thursday, July 5
Most Read on the Bloomberg Terminal (Last 8 Hours):
Theresa May’s Own Brexit Chief Rejects Her Latest Idea on Quitting EU (Bloomberg)
Latest Brexit Warning: Jaguar Land Rover Warns U.K. of $106 Billion ‘Bad Brexit’ Toll (Bloomberg)
The Planet is Red Hot:
All-Time Heat Records Have Been Set Over the World During the Past Week (Washington Post)
U.K.’s Hottest Summer in Four Decades Threatens Wheat Crops (Bloomberg)
Investor-led Moves to Tackle Climate Change Grow (Financial Times) Around a fifth of companies are now supporting the Mike Bloomberg founded and funded Task Force on Climate-related Financial Disclosures (TCFD), three times as many as at the end of 2017.
Oil Prices Today: Trump Ups Pressure on OPEC to Boost Supply as Oil Holds Gains (Bloomberg)
Trade War Consequences: How Trump’s Policy Decisions Undermine the Industries He Pledged to Help (New York Times)
Bi-Partisan Report: U.S. Senate Intelligence Committee Agrees that Putin Meddled to Help Trump (Bloomberg)
Headlines from around the world.
The Times (UK): Couple poisoned by Russian nerve agent novichok; Pair collapse within miles of Salisbury attack
South China Morning Post: HNA Group chairman Wang Jian dies in 15-metre fall while posing for a photo in France
Bloomberg: Hong Kong top court grants visa rights to same-sex partners
China Daily: Beijing gives boost to driverless cars
BBC: Japan’s World Cup ‘psychic’ octopus killed and ‘sent to market’, turned into sashimi
USA Today: Hot dog eating contest winner breaks world record and downs 74 hot dogs in 10 minutes in Coney Island’s July 4 contest
Best of Twitter.
Best of late night in the U.K.
Brexit Humor – If you don’t laugh, you’ll cry…
“Brexit is like when Geri Halliwell overestimated her viability as a solo artist and left the Spice Girls.”
“I voted Remain, not just for political reasons, but because my mum’s moved to Spain and I want her to stay there.”
“I don’t think we should have voted. I can barely rate a film on Netflix, don’t leave big decisions in my hands. Brexit is a terrible name for it, sounds like cereal you eat when you are constipated.”
One prominent Italian commentator captured the mood this way: “To be alone in 1940 among the enemy was heroic; to be alone in 2017 among friends is absurd.”
Asked about the U.K. strategy of ‘having our cake and eating it’, an Irish MEP dryly answered that ‘it sounds like having your cake and eating mine’.
For more Brexit humor, click here.