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NAFTA breakthroughs, John McCain tributes, North Korean capitalism

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qz.com

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Mon, Aug 27, 2018 09:40 AM

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Sponsored by Good morning, Quartz readers! What to watch for today US sanctions on Russia take effec

[Quartz Daily Brief]( Sponsored by Good morning, Quartz readers! What to watch for today US sanctions on Russia take effect. The sanctions were announced[in response]( to the poisoning of Russian national Sergei Skripal in the UK, about which Moscow has denied any involvement. The restrictions will end foreign assistance and some arms sales, and stay in place for a year. The US Open kicks off in New York. [The fourth and final Grand Slam]( tennis tournament of the year sees American Sloane Stephens and Spaniard Rafael Nadal attempt to become the first repeat champions since Roger Federer won the tournament five years in a row starting in 2004. NAFTA negotiations continue. Apparent breakthroughs in bilateral negotiations between Mexico and the US on issues like cars and energy could mean that [differences may be resolved]( as soon as today. Sponsor content by Wipro Is your Chief Information Security Officer ready for the internet of (insecure) things? Transformational technology should mean a transformation in technology security. From botnets to backdoors, IoT devices are a cybersecurity vulnerability waiting to be exploited. [Here’s what CISOs should do.]( Over the weekend Senator John McCain died. A [celebrated war hero]( former GOP presidential candidate, McCain spent the last year in treatment for brain cancer. McCain, 81, was often critical of Donald Trump, and the White House [didn’t release an official statement]( on his death—Trump tweeted condolences to his family instead. The president will reportedly [not attend the funeral]( (paywall). Three people died in a shooting in Jacksonville, Florida. The suspect [shot dead two people]( and injured nine others at a video-game tournament, before killing himself, on Sunday. Jacksonville sheriff Mike Williams said the shooter was 24-year-old David Katz from Baltimore, who was a participant at the competition. The UN released its report on the Myanmar crisis. Human rights investigators said that the country’s army [killed and raped Muslim Rohingya]( people with “genocidal intent,” and recommended that the commander-in-chief and five generals be prosecuted. It has been one year since the military crackdown in Rakhine state that drove hundreds of thousands of Rohingya from their homes. Elon Musk said Tesla will stay public. Writing on [the company’s blog]( the CEO indicated that he accepted investors’ concerns about the difficulties of taking the company private—it would be “even more time-consuming and distracting than initially anticipated,” he wrote. Instead, Musk vowed to focus on ramping up Model 3 production. The pope asked Ireland for forgiveness. During an [emotionally fraught visit]( Francis admitted that church officials should have done more to combat sexual abuse and the mistreatment of unwed mothers. On Sunday, Francis said he would not respond to a statement by a former top Vatican official [calling for his resignation]( and accusing him of knowing for years about the sex-abuse allegations against US cardinal Theodore McCarrick. Quartz Obsession interlude Gwynn Guilford on how 1825 foreshadowed the problems facing emerging markets today. “The slow-building threat of US tightening has given emerging-market leaders plenty of time to build reserves, limit reliance of dollar-denominated sovereign debt, and rein in budget deficits. But if the lessons of history are anything to go by, the deeper their ties to global financial centers, the less control smaller countries have over their own monetary systems—which means there may be more shakeups ahead.” [Read more here](. Matters of debate Software should encourage us to stop and think. From [impulse buys to knee-jerk reactions]( we’re using technology to make the world more haphazard. Aramco should ditch its IPO. Saudi Arabia needs to focus [on weaning itself off oil first]( (paywall), then attract investments in a more stable economy. You can pack your kids the same lunch every day. A [good lunch only needs healthy essentials]( not a social media-friendly aesthetic that changes daily. Quartz announcement Current water infrastructure is like “a dinosaur in today’s climactic age.” From rainwater catchments to direct potable reuse, our latest installment of “Shallow Waters” explores all of the [unlikely methods]( engineers are trying on the hunt for sustainable solutions to water scarcity. Surprising discoveries People still aren’t wearing enough sunscreen. Deadly melanoma is [on the rise]( in the US. Madame Tussauds has given up on Australian leaders. The turnover in prime ministers is so rapid, the museum’s Sydney outpost [can’t make wax figures fast enough](. Capitalism is proliferating in North Korea. The country’s 400-plus [officially sanctioned private markets]( bring in $60 million a year for Kim Jong Un’s regime. Amazon is giving employees $50 gift cards to tweet nice things about the company. Participants in the “FC Ambassador Program” also [get lunch and a day off](. Sports teams are betting on pink. Painting the opponents’ locker rooms with the color is hoped to [lower testosterone and decrease aggression](. Our best wishes for a productive day. Please send any news, comments, glowing employer reviews, and waxy Australian politicians to hi@qz.com. You can follow us [on Twitter]( for updates throughout the day or download our [apps for iPhone]( and [Android](. Today’s Daily Brief was written by Jill Petzinger and Aisha Hassan and edited by Jason Karaian. Enjoying the Daily Brief? Forward it to a friend! They can [click here to sign up.]( If you click a link to an e-commerce site and make a purchase, we may receive a small cut of the revenue, which helps support our ambitious journalism. See [here]( for more information. To unsubscribe from the Quartz Daily Brief, [click here](.

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