Most Read on the Bloomberg Terminal:
Bitcoin Tumbles 20% as Fears of Cryptocurrency Crackdown Linger (Bloomberg)

Brexit Redo? The possibility of a second British referendum on leaving the European Union is a top question after Nigel Farage, one of the champions of Brexit, said (somewhat provocatively) that it might just be a good idea. The prospect was dangled in Brussels, where the divorce is seen as a colossal mistake the U.K. can still avoid. There’s no real traction for that yet in Westminster, but the seed has been planted. EU’s Tusk, Juncker Dangle Hope that U.K. Will Reverse Brexit (Bloomberg)

Manchurian Candidate: U.S. counterintelligence officials warned Jared Kushner in early 2017 that Wendi Deng Murdoch could be using her close relationship with Kushner and his wife, Ivanka Trump, to further interests of the Chinese government, in particular, a high-profile construction project in Washington. U.S. Warned Jared Kushner about Wendi Deng Murdoch (Wall Street Journal – Subscription)

As if you were there: Inside the Tense, Profane White House Meeting on Immigration (Washington Post)

Chinese president Xi Jinping spoke with Donald Trump and said both China and the U.S. should work together to take a “constructive approach” and work “properly” to settle disputes and open up each other’s markets. The two leaders spoke at Trump’s request, the CCTV said Tuesday. China’s Xi Urges Trump to Seek Settlement of Trade Disputes (Bloomberg)

Syracuse City Hall looking for input: Just one of many grants to local leaders from Bloomberg Philanthropies. City Hall: What Problem Should an Innovation Team Tackle? (Syracuse.com)

None of the Middle East’s petrostates has moved further from its oilfield roots than Dubai. The result is a thriving gateway to globalization with a superior economic outlook. Dubai’s the Very Model of a Modern Mideast Economy (Bloomberg View – Matt Winkler)

Aspiring Saudi journalists are learning the ways of financial news from a training program set up by Bloomberg and the MiSK Foundation of Saudi Arabia. Matt Winkler tells Arab News: “Very soon, Saudi Aramco will want to be assessed in terms of its relative value to its peers around the world, and that is all about transparency.” Bloomberg Helps Train New Generation of Saudi Journalists (Arab News)

Best of Late Night:

The late night comedians were all about Trump’s sh*thole comments, including another projection on Trump’s Hotel in Washington.

“Trump said it on Thursday, and not only did the White House not immediately deny it, Trump reportedly was calling friends to brag about it. He’s like a toddler calling his mom to the potty. ‘Come look at the load I dropped in the national discourse!’ ” — Stephen Colbert

“On Saturday, the word ‘s-hole’ was projected onto Trump’s D.C. hotel. It got even worse when Motel 6 sued them for copyright infringement.” — Jimmy Fallon