Paris climate summit, EU-Turkey refugee deal, endangered words

Good morning, Quartz readers!

What to watch for today

The Paris climate conference kicks off. The COP21 summit, involving nearly 200 nations, is intended to produce a global agreement to reduce carbon emissions and limit temperature change. The meeting will runthrough Dec. 11.

Pope Francis addresses Christian and Muslim violence. The pontiff will speak at a mosque in Bangui, the Central African Republic’s capital, to encourage dialogue between followers of the two religions. The mosque is in a part of the city well known for sectarian violence.

The Chinese yuan gets a nod. The International Monetary Fund isexpected to approve the inclusion of the currency in its Special Drawing Rights currency basket. It’s the first major addition to the benchmark since the euro, and represents a symbolic victory for China, even if the yuan is still a long way from becoming a true global reserve currency.

The future of the Fed’s emergency lending authority. The Federal Reserve Board holds an open meeting to discuss its ability to enact emergency measures to prop up the financial system. Critics accused the Fed of overreaching during the global financial crisis of 2008.

Over the weekend

Russia hit Turkey with sanctions… The new rules forbid the extension of work contracts for Turks in Russia past Jan. 1, and ban trade in some goods. The decree is retaliation for Turkey’s downing of a Russian jet. It also called to end chartered flights between the two countries.

…As Europe reached a migrant deal. The European Union will give Turkey $3 billion and revive talks about its succession to the economic bloc,in return for it keeping Syrian and other migrants from entering Europe.

AB InBev mulled the sale of Peroni and Grolsch. The brewer is considering selling the two European beer brands in an effort to win regulatory approval for its buyout of SABMiller, according to the Sunday Times (paywall). The brands, currently owned by SABMiller, could fetch billions of dollars.

Bill Gates and friends formed a climate group. The Breakthrough Energy Coalition is formed of around two dozen influential billionaires, and will invest an unspecified amount into climate change and clean energy technology. It aims to accelerate technological development as well as earn a profit.

Tens of thousands marched for climate change worldwide. Some50,000 people marched in London and 20,000 took to the streets in Madrid and in Rome ahead of the Paris climate talks. Hundreds were arrested for rioting in Paris, while 10,000 others donated shoes for a street installation.

Burkina Faso went to the polls. Around 5 million people were eligible tovote in the first election since Blaise Compaore stepped down after 30 years of rule. Results are not expected for several days, but observers say Sunday’s vote went off without incident.

Wladimir Klitschko ended his nine-and-a-half-year reign as heavyweight boxing champion. He was beaten by Tyson Fury, who has won multiple heavyweight champion titles and who handed Klitschko his first defeat in 11 years.

Quartz obsession interlude

Jenna Gottlieb on the gross downside to Iceland’s rising popularity with tourists. “In order to manage Iceland’s newfound popularity, some suggest the country may need to either cap the number of tourists allowed into its most popular destinations or else find a way to pay for better infrastructure and upkeep.” Read more here.

Matters of debate

India’s government does not understand democracy. Its ministersaren’t even comfortable with the values in India’s own constitution.

We should feel sympathy for ISIL supporters in the West. They arehumanity’s saddest failures.

We should rename the moons of Mars. Their current names, “Phobos” (fear) and “Deimos” (terror), give off the wrong message.

Our fear of death makes us ill-equipped to pass right-to-die laws. The debate requires that people on both sides stop denying their mortality.

Surprising discoveries

Scientists can score your ability to pay attention. This might help identify children in need of personalized learning.

A suicide bomb instructor accidentally blew up his class. He killed himself and 21 ISIL trainees in Iraq (paywall).

We are losing our words for describing nature. Like the Cornish word “zawn,” which is a chasm cut by waves into a sea cliff.

A forger is claiming a “Leonardo da Vinci” painting as his own. La Bella Principessa is actually a painting of a supermarket checkout girl named Sally, he says.

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Black Friday slowdown, China’s dating scene, North Korean VR

Good morning, Quartz readers!

What to watch for today

France and Russia begin cooperating in the war against ISIL. After talks between presidents François Hollande and Vladimir Putin, both countries agreed to share intelligence and coordinate strikes against the group.

Brazil releases its closely watched inflation data. Prices are expected to have gone up (pdf) again in November as the country struggles to balance rising costs with deflation.

US shoppers turn out for Black Friday. Crowds are expected to be smaller than last year as more people hit the stores earlier or go online.

Protesters march in Chicago against police brutality. Organizers, including the reverend Jesse Jackson, say they hope to shift the focus away from shopping this year. Protests have been ongoing in Chicago over thepolice killing of an unarmed 17-year-old.

While you were sleeping

LG announced a major investment in a screen factory. The South Korean manufacturer and supplier to Apple said it will spend over 10 trillion won ($8.7 billion) to increase output of OLED screens, which are thinner and more power-efficient than current LCD versions.

Merck put an allergy unit on the block. The German pharmaceutical company hopes to raise €600 million ($636.4 million) from the sale of Allergopharma, according to Bloomberg. That would be used to cut debt from its acquisition of Sigma-Aldrich, a US biotech company.

British consumer sentiment hit a six-month low. The GfK monthly indicator dropped to 1 in November, from 2 in October, despite expectations it would remain flat. Inflation is low and wages have been rising in the UK, but GfK suggested wider events were to blame.

Global support for climate action is waning. Only in four countries out of 20 surveyed did the majority of respondents favor “ambitious” climate targets, according to research conducted for the BBC. That’s down from eight in 2009. Fewer than half the respondents think climate change is “very serious,” from almost two-thirds earlier.

Mixed messages on Japan’s economy. Unemployment fell to 3.1% in October, a 20-year low, but household spending dropped 2.4% in the month(paywall) from a year earlier, far worse than expected.

Quartz obsession interlude

Zheping Huang goes to a 4,000-person matchmaking event for singles in Shanghai. “It wasn’t that I didn’t want to talk to girls at the expo. But it was awkward in crowded places with interference either from matchmakers who preferred any communication to happen via them, or from the girls’ parents, who would probably question me for not having property.” Read more here.

Quartz markets haiku

Traders talk turkey

Both the bird and the country

Lira getting stuffed

Matters of debate

Set high expectations for your kids, but not too high. Your unrealistic aspirations will actually make them perform worse.

Self-knowledge is not all it’s cracked up to be. Those who worry about being useless are the best at their jobs (paywall).

The Paris attacks could unite the EU. It should spur European leaders tocreate common asylum laws and a united army.

Surprising discoveries

Waiting for your phone to charge could soon be history. This chip can help fully charge your device under 10 minutes.

Tanzanians are taking to Twitter to mock the country’s new austerity rules. The new president even banned public spending on Christmas cards.

Centurions were just banned from Rome’s Colosseum. The gladiator impersonators, who make a living posing for photos with tourists, are “inappropriate.”

A North Korean man took a virtual reality trip home. He hasn’t been to his village since 1947.

Your mattress is a living ecosystem. Hundreds of tiny dust mites feast on your dead skin. Sweet dreams tonight.

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Research & Investment | Markets lack enthusiasm

By Colin Twiggs
November 26th, 2015 6:00 p.m. AEDT (2:00 a.m. EST)

Advice herein is provided for the general information of readers and does not have regard to any particular person’s investment objectives, financial situation or needs. Accordingly, no reader should act on the basis of any information contained herein without first having consulted a suitably qualified financial advisor.

North America

The S&P 500 hesitated at 2100, short candle ranges indicating a lack of interest ahead of the Thanksgiving holiday. Lower 21-day Twiggs Money Flow likewise indicates a lack of enthusiasm. Reversal below 2000 is unlikely but would warn of another test of primary support at 1870. Expect strong resistance at 2130 but an upward breakout remains more likely — and would signal a fresh advance to 2400*.

S&P 500 Index

* Target calculation: 2130 + ( 2130 – 1870 ) = 2390

Declining CBOE Volatility Index (VIX) below 20 indicates market risk is returning to normal.

S&P 500 VIX

Canada’s TSX 60 hesitated at 800, but the (bear) rally to 825 seems on track. The 13-week Twiggs Momentum peaks below zero continue to warn of a strong primary down-trend. Recovery above 825 is unlikely, while failure of support at 765 would confirm another decline.

TSX 60 Index

* Target calculation: 775 – ( 825 – 775 ) = 725


Germany’s DAX broke resistance at 11000, signaling another test of 12400. Rising 13-week Twiggs Money Flow indicates medium-term buying pressure. Reversal below medium-term support at 10600 is unlikely, but would warn of a decline to primary support at 9400/9500.


The Footsie is strengthening, with a 13-week Twiggs Money Flow trough above zero indicating medium-term buying pressure. Breakout above 6500 and the descending trendline would signal another test of 7000/7100. Reversal below 6100 is unlikely but would threaten primary support at 6000.

FTSE 100


The Shanghai Composite Index respected its new support level at 3500, indicating a test of resistance at 4000. 13-Week Twiggs Money Flow suggests modest buying pressure. Government intervention has created artificial support and I would adopt a cautious approach.

Dow Jones Shanghai Index

Japan’s Nikkei 225 found short-term resistance at 20000 but this is unlikely to impede the advance to 21000 for long. Rising 13-week Twiggs Money Flow indicates buying pressure.

Nikkei 225 Index

* Target calculation: 19000 + ( 19000 – 17000 ) = 21000

India’s Sensex remains weak, having retreated below the former band of primary support at 26000/26500. Reversal of 13-week Twiggs Money Flow below zero would warn of another down-swing, with a target of 23500*. Recovery above the upper trend channel at 27000 is unlikely, but would suggest a rally to 30000.


* Target calculation: 25000 – ( 26500 – 25000 ) = 23500


The ASX 200 is testing short-term support at 5200. Sharp decline on 21-day Twiggs Money Flow warns of selling pressure. Breach of 5200 would warn of another test of primary support at 5000. Respect of support is as likely, however, and would indicate a test of 5400. I suspect the index will range between 5000 and 5400 until the new year, possibly longer.

ASX 200

* Target calculation: 5000 – ( 6000 – 5000 ) = 4000

#Qatar dries out, #Hollande meets #Putin, the evolving smile

Good morning, Quartz readers!

What to watch for today

François Hollande visits Vladimir Putin. The French president is going to Moscow for the same reason he went to Washington earlier this week: to discuss the fight against ISIL.

Schools and businesses reopen after crippling floods in Qatar. A downpour that drenched Doha with a year’s worth of rain in one day and forced stores and schools across the country to close is expected to finally let up.

India’s parliament begins its winter session. The most contentious issue lawmakers have to settle during the coming month is a proposed goods and services tax, which would go into effect in April 2016.

The US celebrates Thanksgiving. Many Americans will be loosening their belts and sharpening their tongues for the holiday that, ironically enough,originates from a refugee story. US equity and bond markets are closed, as are most (but not all) major retail stores.

While you were sleeping

Turkey released a recording of the disputed jet downing. The audioappears to contain warnings from the pilot of the Turkish plane that shot down a Russian jet. The Russian pilot, who ejected from the plane, said he heard no warnings.

Deere gave investors a positive surprise. The agricultural equipment maker reported a $351.2 million net income for the most recent quarter—down 45.9% from a year earlier—and predicted sales would continue to fall next year. The results were better than expected, however, and the company’s share price rose.

Bush fires killed two in South Australia. At least 13 others have been hospitalized and homes have been destroyed after fires traveled over 900 square kilometers (347 square miles) of land north of Adelaide. Fire services warned the blaze to could take several days to get under control.

Donald Trump mocked a disabled reporter. The US Republican presidential candidate lampooned New York Times reporter Serge Kovaleski, who suffers from arthrogryposis, at a North Carolina rally. He was discussing Kovaleski’s 2001 Washington Post article that refuted that Muslim Americans celebrated 9/11.

South Korean retail sales rebounded strongly. Department store shoppers spent 11.4% more in October (paywall) than they did a year earlier, signaling an end to the largest drop in sales in 15 years. That may also signal confidence among Chinese and Japanese tourists.

Quartz obsession interlude

Anne Quito on the secret history of everyday patterns. “As it turns out, cheerful polka dots once signaled disease. English royalty’s posh sport coat pattern of choice, the houndstooth, originated from the commoners. And those preppy stripes were reserved for prisoners and prostitutes in the medieval ages.” Read more here.

Quartz markets haiku

Pfizer lifts up Dow

Who says the whole world hates a

tax inversion deal?

Matters of debate

Internet use should be regulated like gambling or drugs. Websites are built to be habit-forming.

Boy Scouts have a legal defense against admitting girls. But, faced with a challenge in the courts, it may hurt them to use it.

We have to teach kids to code. It’s the simplest way to make the internet less racist, less sexist, and generally less offensive.

Surprising discoveries

Showing signs of sadness can help you win negotiations. It only worksif you are already perceived as powerless.

Fish have feelings, too. They can experience an “emotional fever” in response to stress.

A painting survived 500 years because it was turned over. The portrait of the betrayal of Christ was otherwise destined for destruction in the Reformation.

Donald Trump’s hat factory is full of Mexicans and Salvadorans. And many pay no mind to his bombastic remarks about immigrants.

Smiling has evolved. An algorithm found increasing lip curvature over time in high school yearbook photographs dating back to 1905.

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#Pope in #Africa, #Tunisia bombing, Victorian Spotify

Good morning, Quartz readers!

What to watch for today

The Pope tours Africa. Pope Francis visits Kenya before making stops in Uganda and the Central African Republic on his first trip to the continent. In Kenya, he’ll visit with government officials, inter-religious leaders, and students.

The UN weighs in on climate change. The World Meteorological Organization, an arm of the UN, is expected to announce that this was thewarmest year ever recorded. The announcement will be at 10am local time in Geneva (9am GMT).

Deere and Co. reports its earnings. The agricultural equipment producer is expected to post lower sales than last year by almost $2 billion, as the industry closes in on its worst sales year since 2009.

More hints on the US economy. The Commerce Department is expected to report that personal income and spending rose in October from the month before. A bump could bolster the Federal Reserve’s case for hiking interest rates in December.

Brazil announces a rate decision. The country’s central bank may decide to keep interest rates at 14.25% for a third consecutive month, in attempt tolure investors back (paywall) into the Brazilian market.

While you were sleeping

Tunisia declared a state of emergency. At least 12 people were killed inan apparent suicide bomb attack on a bus carrying presidential guards in the capital Tunis. The government had only recently lifted the state of emergency imposed after attacks this summer in the resort town of Sousse.

Barack Obama and François Hollande pledged to take down ISIL. The US and French presidents said they would escalate air strikes in Syria and better share intelligence. The leaders also welcomed Russia’s involvement,provided it discontinues support for Syrian president Bashar al-Assad.

Protests erupted in Chicago over a police shooting. Protestors took to the streets after police released a video of a white officer shooting and killing an unarmed black teenager. The officer, who shot Laquan McDonald 16 times, has been charged with first-degree murder.

Canada slowed its refugee intake. The immigration department said only10,000 people would be resettled this year, down from a pledge to house 25,000 earlier; the remaining 15,000 will be resettled before March. Canada also said admittance of single men will be curbed.

Tiffany’s earnings lacked luster. The jewelry company reported $938 million in third-quarter revenue, short of the $971 million analysts expected. Tiffany’s blamed the strong dollar for the dip.

Chinese consumer sentiment rebounded. The Westpac MNI indicatorreached 113.1 in November (paywall), up from 109.7 in October but still not as high as September’s reading. Consumer spending has remained strong despite a volatile year for China’s stock market.

Behold Beijing beyond the expected. Many travelers experience only one side of Beijing: the skyscrapers without the hutongs, the contemporary culture without the old traditions. These contrasts make it an ideal destination for curious explorers seeking a Life Well Traveled. From microbreweries to ceramic shopping, Beijing offers hundreds of unexpected treasures.Advertisement

Quartz obsession interlude

Ian Kar on Apple Pay’s impending debut in China. “The concept of paying with your phone is foreign for most Americans, who are still used to plastic cards. But in China mobile payments are quickly gaining acceptance among the shopping public. During the second quarter of 2015, some 22.86 million mobile transactions were conducted in China.” Read more here.

Quartz markets haiku

Sometimes the markets
Don’t react to major news
Defrost the Turkey

Matters of debate

Thanksgiving is a refugee’s narrative. A reminder: Pilgrims fled religious persecution.

Yoga is not an example of cultural appropriation. Indians have beenexporting the practice for hundreds of years.

Trumpism has set the tone for the US Republican party for years. Even if Donald Trump never wins the nomination, he will have changed the partyfor good.

Surprising discoveries

Mars will get its own Saturn-like ring. It will take a mere 20 million years.

Italy is fighting terrorism with culture. Disenfranchised youths will be offered €500 ($532) to spend on museums and galleries (paywall).

You can get a hipster funeral now. It can include a biodegradable willow casket, juniper branches, and chanting.

The Victorians had their own Spotify. The teleharmonium involved two musicians playing continuously to transmit music to your phone.

Someone is knitting tiny sweaters for rescue chickens. Battery hens struggle with keeping warm once they are set free.

Our best wishes for a productive day. Please send any news, comments, chicken sweater vests, and teleharmonium playlists to You can follow us on Twitter for updates throughout the day.

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Paris suspect charged, #Hollande in the US, winter blues

Good morning, Quartz readers!

What to watch for today

The Philippines goes to court over the South China Sea. It will present arguments over the contested waters to a UN-appointed tribunal in the Hague. Beijing is not participating, but the tribunal said this will not deprive the court of jurisdiction. The hearing is expected to last a week.

François Hollande visits the US. The French president and his US counterpart will coordinate efforts to investigate the Paris attacks and fight Islamic militants. The visit is part of Hollande’s campaign to build a coalition against ISIL; he will visit Vladimir Putin next.

Canada shuts out Syrian men. The government, working toward a year-end goal of accepting 25,000 refugees, will unveil a plan to limit asylum towomen, children, and families. Unaccompanied men will be excluded due to security concerns.

Nigeria announces its rate decision. Analysts are worried that central bank governor Godwin Emefiele will weigh politics heavier than economicsand reduce the cost of borrowing. A lower rate would make borrowing cheaper for president Muhammadu Buhari’s administration.

Hewlett-Packard reports quarterly earnings. This is the last time HP will report its earnings as a single entity, after it split into HP Inc. and HP Enterprise earlier this month. Campbell Soup, Tiffany & Co., and Dollar Treealso report their numbers, as does Hormel Foods.

While you were sleeping

Belgian police charged a fourth Paris suspect. The unnamed man, arrested on Sunday, was accused of participating in activities of a terrorist group and of a terrorist attack. Separately, French police discovered what they believe to be the undetonated suicide vest (paywall) of Salah Abdeslam, one of the Paris attackers still at large.

Jaguar Land Rover warned of lower annual profits. The luxury British carmaker said its full-year pre-tax profit will not match last year’s £2.6 billion($3.9 billion), due to large investments in UK engine manufacturing and a blast in China that destroyed thousands of its vehicles. But CEO Ralf Speth said the Chinese market is rebounding, after a tough year.

Ethiopian Airlines is planning to expand its fleet. Africa’s largest carrier is considering purchasing 10 new planes from Canada’s Bombardier, but is also exploring offers from Brazilian, Russian, and Chinese plane makers. The airline plans to double its fleet from 77 to 150 by 2025—a large proportion of which might be piloted by women.

The US announced sanctions against Burundi officials. Two public security and police officials, as well as two former civil servants, will have their assets frozen and receive visa restrictions, after election-related violence increased in recent weeks. Nearly 250 people have been killed in clashes since April.

Argentina’s president-elect made some grand promises. Mauricio Macri, the center-right leader, promised to cast off capital controls and called on the country’s central bank leaders to step down. But he is refraining from making concrete plans until he sees the “real” state of the nation’s economy, he said.

Japanese manufacturing got a boost. The Nikkei/Markit preliminary purchasing manager’s index rose to 52.8 in November, from 52.4 last month, lifting further from the 50 level that separates expansion from contraction. The highest gauge in almost two years comes on the back of a growth in export orders.

Quartz obsession interlude

Gwynn Guilford and Nikhil Sonnad on why you always get sick on vacation. Lucky are the few who haven’t gone on a much-needed holiday only to spend their vacation hugging a box of tissues in a bed-bound Theraflu blur. So commonly do people seem to fall ill on vacation that some psychologists have christened it “leisure sickness.” Read more here.

Quartz markets haiku

Basically Ireland

is Switzerland with Guinness,

more tax inversions

Matters of debate

Nostalgia is ruining video games. Players’ love for franchises isdiscouraging the creation of new titles.

Bankers are still paid way too much. Even the co-head of Deutsche Bank thinks so.

Bombing Syria won’t make Europe safer. The terrorists who threaten the West are already there.

Surprising discoveries

Scientists discovered how agriculture transformed human genes. Itmight have contributed (paywall) to Europeans’ white skin color.

There’s a trick to avoiding the winter blues. Don’t distract yourself from the bad weather, get out and embrace it.

Mid-life crises are real. Life satisfaction is lower than ever in your 40s.

IBM wants to predict earthquakes and volcanoes. A new use for Watson, the smartypants supercomputer.

Parasitic infections could make some women more fertile.Roundworms can affect the number of children women have.

Our best wishes for a productive day. Please send any news, comments, winter happiness techniques, and mid-life crisis remedies to You can follow us on Twitter for updates throughout the day.

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Macri wins #Argentina, #Brussels on lockdown, gullible Brits

Good morning, Quartz readers!

What to watch for today

Brussels remains on lockdown. Schools, universities, and the metro are expected to remain shut, possibly all week, as Belgian police warn of an imminent attack (paywall). Troops launched 22 raids over the weekend in search for a man suspected of being involved in the Paris attacks.

China deflates some bubbles. New rules take effect on the biggest mainland stock exchanges, in Shanghai and Shenzhen, reducing how much investors can borrow against their existing holdings. The goal is to limit leveraged bets and cut the risk of dangerous speculation.

Pfizer and Allergan seal a mega-deal. The two are expected to announce a merger worth $150 billion, creating the world’s biggest drug firm by sales. The deal would be a “tax inversion” to allow Pfizer to benefit from Ireland’s low corporate taxes.

Britain sets out its defense priorities. Prime minister David Cameronpresents an $18 billion expansion to the country’s military equipment budget. The announcement will hint at both British concerns on global risks, and where the lucrative defense contracts are likely to be.

Françoise Hollande kicks off a week of security talks. The French president will host the British prime minister for a working breakfast, to discuss a military solution for ISIL. Throughout the week Hollande will also meet the leaders of Germany, Russia, and the US.

Over the weekend

Mauricio Macri became president of Argentina. The center-right mayor of Buenos Aires won 52% of votes with most of the ballots counted. Daniel Scioli, running to replace president Christina de Kirchner, conceded after receiving 48% of the vote.

Iran sentenced a US journalist to prison. Jason Rezaian, the Washington Post reporter accused of espionage, was given a sentence of unspecified duration, according to Iranian state media. The Post, which denies the US-born Rezaian is a spy, has a timeline of his arrest and captivity.

Mali launched a manhunt for the Bamako attackers. The countrydeclared a state of emergency as well as three days of mourning after Friday’s siege on a hotel in the capital that killed at least 19 people. Al-Mourabitoun, a group affiliated with Al-Qaeda, has claimed responsibility.

Crimea was plunged into darkness. Saboteurs blew up the power linesthat ran from Ukraine to the now Russian-held peninsula, causing Russia to declare a state of emergency there. Ukrainian activists had earlierblockaded commercial traffic to Crimea.

A Myanmar mine disaster killed at least 100 people. Around 100 more are still missing after a landslide struck jade mines in the country’s north. The jade industry accounts for half of Myanmar’s GDP but lacks transparency, Global Witness says.

Greece inched forward with its bailout. Euro area finance ministersapproved the transfer of up to €10 billion ($10.6 billion) to refinance the country’s banks, after prime minister Alexis Tsipras achieved requested reforms. But Tsipras is losing support in his own government, and may struggle to make further changes.

Violence broke out in Burundi’s presidential office. At least five peoplewere killed in heavy gunfire and apparent mortar shelling in the capital Bujumbura. Fighting connected to president Pierre Nkurunziza’s controversial third term has flared up since April; police say they arrested 28 suspects.

Four reasons to stay invested in housing. The market’s volatility over the last few months may have made investors nervous about some sectors of the global economy. But housing in the U.S. was not one of them: Home builder sentiment is at the highest level it’s been since November 2005. Here are four reasons why we remain positive on the sector.Advertisement

Quartz obsession interlude

Akshat Rathi on “gene drive,” the next potential weapon of mass destruction. “It allows scientists to, essentially, hijack the process of evolution, spreading a new gene through a population with incredible speed. And while it was developed with peaceful uses in mind, such as eradicating mosquitoes to end malaria, it could be used for ill too—it’s cheap and easy enough to master that bioterrorists could get their hands on it.” Read more here.

Matters of debate

Belgium is a failed state. That jihadism could take root in a Brussels suburb says a lot about the country’s institutional weaknesses.

Global deflation is still a problem. The Fed will want to be very carefulwhen it starts raising interest rates next month.

Seeking the best doctor is not the best way to get treatment. Quizzing an average doctor about their treatment plan is (paywall).

The finance industry has lost sight of its purpose. Which is to connect money with borrowers, not generate financial products for their own sake.

It’s immoral to have more than four children. After that point, the added benefits to parents don’t outweigh the child’s future risks.

Surprising discoveries

One in five British kids believe everything they see on search engines.The silver lining: Four years ago it was one in three.

Rome bought five Texan falcons to hunt starlings. The city is sick of the birds’ droppings.

Pigeons can spot breast cancer in X-rays. After two weeks of training,their success rate is similar to that of humans.

Zimbabwe’s “Mr. Ugly” was accused of cheating. The winner of the country’s annual male un-beauty contest is “too handsome,” said his rival’s supporters.

Our best wishes for a productive day. Please send any news, comments, starling droppings, and ugly pictures to You can follow us on Twitter for updates throughout the day.

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