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Good morning, Quartz readers!
What to watch for today and over the weekend
Central bankers hunker down in Jackson Hole, Wyoming. A slowdown in Europe and Turkeyâs currency crisis are likely topics at the annual conference of the [worldâs most powerful bankers]( (paywall). Fed chairman Jerome Powell will speak on Friday on âMonetary Policy in a Changing Economy.â
Irish protesters say ânope to the pope.â Pope Francis will deliver Sunday mass in Dublin, but he may face a lot of empty seats. In what organizers say is a âsilent and peaceful protestâ against the church, thousands have applied for [free tickets]( and wonât attend the event.
Eid al-Adha and Hajj come to an end. Muslims around the world will mark the end of Eid Al-Adha, the festival of sacrifice, on Saturday. Nearly 2 million Muslims whoâve made the [pilgrimage to Mecca]( will return home when Hajj ends Friday night.
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Which sectors will thrive under digital regulation? Digital regulation is already impacting businesses operating in the European Union. [Discover the opportunities]( itâs creating for key sectors, including insurance, software and IT.
While you were sleeping
Australia got a new prime minister. Former treasurer Scott Morrison will replace Malcolm Turnbull and become Australiaâs [sixth prime minister in 11 years](. Turnbull survived a leadership challenge this week, but lost the majority support of his Liberal Party in a second internal vote. An avowed Christian, Morrison voted against marriage equality in [last yearâs referendum](.
US-China trade talks ended without a breakthrough. Negotiators [made no real progress]( at the two-day meeting in Washington, DC, although Beijing described the talks as âconstructive.â A fresh round of US tariffs on $16 billion of Chinese imports went into effect on Thursday, and Beijing retaliated with tariffs on $16 billion of American imports.
Uber and Airbus signed onto Japanâs flying-car program. The US ride-hailing service and European aerospace firm are two of 21 companies enlisted in a government-led plan to [develop airborne cars for Japan]( (paywall) in the next decade.
Trump reportedly offered to buy Italian debt. According to Italyâs Corriera della Sera newspaper, the president recently offered Italian prime minister Giuseppe Conte help in [buying the countryâs sovereign bonds]( (paywall) next year. The new governmentâs fiscal promises and euro-skeptic stance has taken a toll on Italian bonds recently.
Hurricane Lane bore down on Hawaii. Around [20 inches of rain had fallen]( on Big Island by late Thursday, causing landslides and blocking roads. The National Weather Service said the center of the Category 3 storm will âmove over, or dangerously close to portions of the main Hawaiian islandsâ by Friday.
Quartz Obsession interlude
Echo Huang on what China thinks of Hollywoodâs Asian blockbuster. âCrazy Rich Asians doesnât even have a scheduled release in China, but more than a thousand Chinese moviegoers who have purportedly seen the movie are already chiming inâand many of them are not impressed⦠One user criticized the film for its lack of authenticity, comparing it to Americanized Chinese food.â [Read more here](.
Matters of debate
Impeaching Trump wouldnât crash the stock market. The markets donât move much on [news of Trumpâs legal troubles]( anymore.
Thereâs only one type of failure you should feel embarrassed about. If you [could have prevented it]( go ahead and feel bad. Otherwise? Youâre golden.
Darwinâs âsurvival of the fittestâ theory is outdated. âSluggishâ creatures with low metabolic rates are [prime candidates]( for surviving extinction.
Quartz announcement
If you really want to support American workers, buy a Japanese car. In this episode of Quartz News, [Preeti Varathan]( travels to Kentucky, where a Japanese company makes the most âAmerican madeâ car in production, highlighting how globalization makes it nearly impossible for tariffs to affect only one country.
Surprising discoveries
Kalashnikov wants to compete with Tesla. The [maker of AK-47 assault rifles]( is creating an electric car, with looks inspired by a 1970s Soviet hatchback.
WTF, Procter & Gamble. The company is trying to trademark [internet slang acronyms]( LOL, WTF, NBD, and FML to market its cleaning products.
Japan got its first female fighter pilot. [Misa Matsushima]( said she had been inspired by Top Gun in primary school.
General Motors employees arenât allowed to walk and text. Even CEO Mary Barra is banned from strolling into a meeting while [glued to a mobile screen](.
The highest-paid actor of 2018 didnât make a movie. George Clooney profited handsomely when he [sold his tequila company](.
Our best wishes for a productive day. Please send any news, comments, flying cars, and LOLs to hi@qz.com. You can follow us [on Twitter]( for updates throughout the day or download our [apps for iPhone]( and [Android](. Todayâs Daily Brief was written by Jill Petzinger and edited by Sarah Todd.
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