Breaking: Italian Prime Minister Giuseppe Conte Says He Will Resign (Bloomberg)
The resignation will cause the collapse of the country’s most nationalist and dysfunctional government in decades.
Recession Watch: At White House, Rushing to Find Recession Shield (New York Times)
White House Eyes Payroll Tax Cut to Reverse Weakening Economy (Washington Post)
Wide Implications as Germany Teeters Toward Recession (Associated Press)
G-7 Preview: Europe Has Had Enough of Trump’s Tirades From Trade to Security (Bloomberg)
Brexit Today: EU Rebuffs Boris Johnson’s Bid to Reopen Brexit Deal as Deadlock Remains (Bloomberg)
Bor-exit? Three Ways Boris Johnson Could Become Britain’s Shortest-serving Prime Minister (Washington Post)
Trump is doing a lot: He has upended American politics, and his appointment of conservative judges will reverberate well beyond his presidency. But if — if — he were to be a one-term president, the substantive policy changes he’d leave behind could be short-lived.
Suburban Voters Pressuring Republicans to Act on Guns (Associated Press)
John Feinblatt, the president of the Mike Bloomberg founded and funded Everytown for Gun Safety, said he had never seen the NRA, which is under investigation by attorneys general in New York and Washington, DC, and mired in legal battles and internal riffs, seem “weaker.” He said Republicans were “looking at the polls, and certainly looking at the suburbs and balancing that against whether the NRA has any muscle left.”
After ‘Defeat,’ ISIS Regaining Strength in Iraq and Syria (New York Times)
One Year Later: Remembering John McCain with #ActsOfCivility (Axios)
Sen. John McCain’s family and the McCain Institute will mark the first anniversary of his passing beginning Wednesday by promoting acts of civility on social media, posting their plans with #ActsOfCivility.
Today in Finance.
Today in Climate News.
New Study: Climate Change Could Cost U.S. Up to 10.5 percent of GDP by 2100 (Washington Post)
At a time when there’s concern about a global economic downturn, the new study warns of a far bigger cut to economic growth if global warming goes unchecked.
Extreme weather events, cuts to worker productivity and other effects of climate change could cause major global economic losses unless greenhouse gas emissions are significantly curtailed in the next few decades.
The paper is the latest in a string of reports from the United Nations and global financial institutions and others showing that climate change constitutes a looming financial risk.
Rising Seas: U.S. Already Transforming Greenland, Imperiling Americans at Home (Washington Post)
U.S. emissions of greenhouse gases, as well as emissions from other countries, have tipped the balance to make Greenland a major contributor to global sea-level rise.
This melt season, has brought the most significant ice loss, and related sea-level increase, since the record melt year of 2012. Much of the ice melted in a one-week period when the island was in the throes of a heat wave that had moved in from Europe.
It was only a matter of time: New York City Now Has its Own Dog Restaurant Week (Untapped Cities)
Best of late night.
On a new lawsuit against the makers of ‘Honey Bunches of Oats’ cereal claiming false advertising after a woman learned that the cereal is not sweetened with actual honey.
“If this lawsuit puts ‘Honey Bunches of Oats’ out of business, you know what that would make this woman? A cereal killer.”
— James Corden
“A woman has sued the cereal company Post for false advertising, after she learned that they don’t sweeten their ‘Honey Bunches of Oats’ cereal with actual honey. That’s not all, she also claims Captain Crunch never even served in the military.”
— James Corden
On a man in Cleveland who recently attempted to rob a bank using a Department of Motor Vehicles document that had his name and address on it:
“The list of demands he handed over to the teller was mistakenly written on a form that had his name and address on it. This is true: he wrote the note on a form he’d used earlier at the DMV. Which meant spending the night in jail was the second worst thing he had to do that day.”
— James Corden
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