Thursday, June 27

ByKevin Sheekey

The Supreme Court Today:

Partisan Gerrymandering Wins: Supreme Court Rules Voting Maps Can’t Be Challenged as Too Partisan (Bloomberg)
The U.S. Supreme Court ruled that the constitution doesn’t let judges throw out voting maps for being too partisan, dividing along ideological lines in decisions that could bolster Republicans in the 2020 elections.

The ruling will shape the next round of map-drawing, which will take place around the country after the 2020 census and could spur efforts to establish independent redistricting commissions in states where those are permissible.

Supreme Court Says No, For Now, On Trump Census Citizenship Question (Bloomberg)
The court issued a mixed decision on the Trump administration’s bid to add a citizenship question to the 2020 census, saying the Commerce Department’s explanation for adding the question was inadequate. The Trump administration had been hoping to start printing census questionnaires in a matter of days. The ruling means the administration will have to hold off, at least for now.

The G20 in Osaka, Japan:
-At G20, Trump Seeks Fresh Start With Putin After End of Mueller Inquiry
(New York Times)
-China Says Its Demands for a Trade Deal With the U.S. Haven’t Changed (Bloomberg)
-Emmanuel Macron Calls Climate Change a ‘Red Line’ Issue at G20, Rebuking Trump (New York Times)

Shock: Brazil Officer on Presidential Plane to G20 Caught with 86 Pounds of Cocaine (New York Times)
President Jair Bolsonaro of Brazil, who has vowed to pursue drug traffickers relentlessly, was hard-pressed to explain how a backup presidential plane en route to the G20 ended up carrying 86 pounds (39 kilos) of cocaine across the Atlantic during an official trip. The officer carrying the drugs was arrested in Seville, Spain on Wednesday when the backup presidential plane flying to Osaka made a stop-over.

The Democratic Presidential Debates in Miami:

Preview of Tonight: Joe Biden’s Chance to Solidify Frontrunner Status — or Stumble (Bloomberg Politics)

Best Recaps of Last Night’s Debate:
-Elizabeth Warren Emerges Unscathed, No Breakout Stars Surface (Bloomberg)
-Democrats Jockey on Climate Change in a City Imperiled by It (Bloomberg)
-Who Won the First Night? Experts on the Left and Right Weigh In (New York Times)
-Who Talked the Most: Booker, O’Rourke, Warren and Castro (Washington Post)

Analysis of the Day: What Happened to America’s Political Center of Gravity? (New York Times)
The Republican Party leans much farther right than most traditional conservative parties in Western Europe and Canada, according to an analysis of their election manifestos. It is more extreme than Britain’s Independence Party and France’s National Rally (formerly the National Front), which some consider far-right populist parties. The Democratic Party, in contrast, is positioned closer to mainstream liberal parties.

Today in Financial News:
-Brexit Impact: 7,000 Banking Jobs Moved from UK to EU So Far
(The Independent – UK)
-City Banks Restart Brexit Job Move Plans After Three-Month Hiatus (Financial News)
-Mifid II Tightens Wall Street’s Grip on European Trading (Financial Times)
-London Stock Exchange Retains Lead in Quadrillion Dollar Swaps Business (Bloomberg)
-Why Are Markets So High if Investors are Fearful? (Curatia)

Not Again! FAA Orders More Changes to Boeing 737 Max to Address New Risk (Bloomberg)

Climate Today:
-As Europe Suffers Heat Wave, Work Stalls at Global Climate Talks (Bloomberg)
-Climate Change Will Be Decisive Issue in 2020 (Boston Globe – Diane Hessan)
Voters tell me that their increased passion on climate change comes from a number of sources: their perception that our weather is just plain weirder, the recent announcement by Michael Bloomberg that he will invest $500 million of his own fortune in combating environmental threats, and messages coming from their children about the importance of safeguarding their lives.

Good Business: Asian Companies With More Women on Boards Deliver Better Results (Bloomberg)

Best of late night.

On the first Democratic presidential debate in Miami:

“There were 10 Democrats onstage, and to qualify, all a candidate needed was to poll at 1 percent or higher. That’s it? One percent? I mean, even O.J.’s at 2 percent.”
— Jimmy Fallon

“Senator Elizabeth Warren was the only candidate appearing in tonight’s debate who’s been polling in double digits, but to be fair, in New York, Bill de Blasio also gets two digits.” (Showing someone holding up their 2 middle fingers)
— Seth Meyers

“Trump tweeted and called the debate ‘boring.’ But he still watched, even though he also said it was a, quote, ‘very unexciting group of people.’ As opposed to the rock stars he usually hangs out with, like Mike Pence and Steve Mnuchin.”
— Jimmy Fallon

“Tonight was the undercard debate, pitting Elizabeth Warren, Cory Booker and Beto O’Rourke against seven people angling for MSNBC shows.”
— Stephen Colbert

For more best of late night from the New York Times, click here.

By submitting my information, I agree to the privacy policy and to learn more about products and services from Bloomberg.