🌎 Mexico’s new nationalization

Plus: The world’s busiest airports Was this newsletter forwarded to you? [Sign up here](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/cncnC4F19C6pqaoN45zQovcSW73FIT5DKRLwiREQpyI=295) [Quartz](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F1850306621%2Fmexico-s-new-nationalization%2F/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/BJaUYYIy7t-wZAuxXpGywQMxxE3Ldzboiyf_YdGnaps=295) April 6, 2023 [View in browser](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F1850306621%2Fmexico-s-new-nationalization%2F/2/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/-9m4PiFq10Z5nb1Dg-NgltwoNZ5Z2y4s_J79IuMAwKA=295) Good morning, Quartz readers! Here’s what you need to know Mexico made a major deal in its pursuit of “new nationalization.” The $6 billion purchase of 13 power plants from Spain’s Iberdrola gives Mexico’s state-owned power company [a majority control](%2F%2Fqz.com%2Fmexico-buys-power-plants-amlo-isolationism-1850303387%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/B_S-B3ycayzcXekPsaUHTWkAb6GV0pUlBdvkoeXJxzI=295) over the country’s electricity market. Robert Kennedy Jr is running for the White House. The son of the slain US senator and attorney general is seeking the [Democratic presidential nomination in 2024](%2F%2Fqz.com%2Frobert-kennedy-jr-presidential-bid-2024-democrat-1850306676%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621%26rev=1680775767387/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/OBNxnq-KawZMxbfLSWT-5rxQTGzoeh2Ux0X55qTDLOo=295). Twitter labeled NPR as a “US state-affiliated media.” The decision appeared to breach the social media platform’s own guidelines on the label, as [NPR does not fit the definition](%2F%2Fqz.com%2Ftwitter-npr-state-affiliated-media-elon-musk-1850306603%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621%26rev=1680769438955/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/oH6Tydq7TFCrBLpv6BmmI1M-Pb7M0bUv8EESLziPV-w=295). Apple is opening its first brick-and-mortar store in India. Years in the making, the opening [marks a milestone for Apple’s expansion](%2F%2Fqz.com%2Fapple-first-india-store-opening-mumbai-april-1850306650%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621%26rev=1680771561570/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/QJfAqT9Rq7PGwIYAv_GmBUxgCHWLjQG1e977yxvQ-KY=295) in the country. Where China’s rare earth grip is loosening As Western nations and their allies try to rely less on China for purified rare earths that go into everything from EV batteries to iPhones, there’s a lot of trade realignment, aka friendshoring, going on ([which we’re obsessed with](%2F%2Fqz.com%2Femails%2Fquartz-obsession%2F1849948786%2Ffriendshoring-not-so-free-trade/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/OqLeAW6QlRHgw4GTjV1XQTzqfWhhZLcbgpsgOGKVg2Y=295)). One example is the ever-growing rare earth supply chain between Australia and Japan, which is weakening China’s grip over the island nation. [A line graph of Japan's rare earth dependence on China. ](%2F%2Fqz.com%2Femails%2Fdaily-brief%2F1850306621%2Fmexico-s-new-nationalization%2F/3/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/_G1pPo7X0De9HTMhKgMClNS4NRA3vr2rl_O__z2WKAE=295) Graphic: (Mary Hui) Still, China continues to enjoy significant advantages given the breadth of its industry, as Quartz reporter Mary Hui explains in the final story in a three-part series covering the nuances of this dominance. Catch up with the first two installments before [digging into the final one](%2F%2Fqz.com%2Fhow-the-west-is-reducing-china-rare-earth-dependence-1850232930%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/3xrWNl9iGF9xk8GlW2UEGVW3z-h6Qovtdj8k4Uyd8iA=295). [Part I](%2F%2Fqz.com%2Fchina-rare-earths-raw-materials-shortage-1850232896%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/eQ8YdtcW6FDORIShkgDeQDhb5LnOqIJfK_F8L6IGmRg=295): China’s rare earths industry has a raw materials problem [Part II](%2F%2Fwww.qz.com%2Fchina-global-hunt-for-rare-earths-1850224816%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/4pBVPOgpn-F7IBThLiaRDkOc_f67mLPaDqDyJMG7BXE=295): China is on a global hunt for rare earths One not-so-big number from JPMorgan’s Frank deal 300,000: Customers Frank had at the time of sale, a fraction of the 4.25 million customers founder Charlie Javice claimed. [Javice stands accused of defrauding JPMorgan Chase](%2F%2Fqz.com%2Fthe-founder-of-frank-a-student-loan-company-was-crimi-1850300109%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/oRj46PZvVmr_qVlL9XoLQqI12UqaRj-pqpKDTIStp_Q=295), which paid $175 million for her infamous student loan startup in 2021. Air travelers, get ready for lines at these airports %2F%2Fqz.com%2Femails%2Fdaily-brief%2F1850306621%2Fmexico-s-new-nationalization%2F/4/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/HgMU8Y1V4vO_ID1Qnn8o12G3wkQgnm9MGDlHVoQJpFQ=295 Graphic: (Julia Malleck) Global travel volume has yet to reach pre-pandemic levels, but [several airports saw a big jump](%2F%2Fqz.com%2Fworld-busiest-airport-2022-atlanta-aviation-ranking-1850303308%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/MacA_kNyw7L-JjVmiGOjwhzlUAGX4eVCTQbC2gYqPR8=295) in passengers’ numbers in 2022 compared to the previous year. ✦ Love our charts? Help keep our content free and accessible to all by becoming a member. 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Plastic bottles [can cover tuition](%2F%2Fqz.com%2Fnigerian-school-accepts-plastic-bottles-as-school-fees-1850302101%2F%3Futm_source=email%26utm_medium=Quartz_Daily_Brief_US%26utm_content=1850306621/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/J47j13GD_hU4BNMkTXHa7vSBvNjmRPPVCy0dcPvLzk4=295). The “Lord God Bird” hasn’t been officially documented in the US for eight decades. But ornithologists and avian enthusiasts are convinced [the ivory-billed woodpecker](%2F%2Fwww.wsj.com%2Farticles%2Fbirding-debate-ivory-billed-woodpecker-f05b83e9/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/T_ofQREh-VHKwbDuhSjlCWgiXNIPCLDhteaTbhAiEb0=295) is still there. Inflation can’t touch the Masters. [For $66](%2F%2Ftwitter.com%2FFOS%2Fstatus%2F1643291933047914496/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/X-rTi3EYG0A468uAzYWUnf0uDBgM1eLBUjpsU97x4_Q=295), you can get everything on the 2023 golf tournament’s concession menu. Getting three astronauts in a room is harder than you think. Each of the US astronauts selected to fly around the Moon next year [was late](%2F%2Fwww.nytimes.com%2F2023%2F04%2F05%2Fscience%2Fnasa-artemis-astronauts-moon.html%3Fsmtyp=cur%26smid=tw-nytimesscience/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/M9sAqYsYVI9pFA9vX8R5aW2NPigMO6_orIoCsZG6SMs=295) to the surprise meeting where they got the news. Siberian tigers are all majestic or steady, or somewhere in between. The personality traits are comparable to our [humanly extrovert and introvert](%2F%2Fwww.theguardian.com%2Fworld%2F2023%2Fapr%2F05%2Ftiger-personality-traits-identified-new-study-majesty-or-steadiness/1/01000187561ba436-564899bd-1fee-4614-a869-2fadff55f2d5-000000/D7LwuHaHyilKahqEZ7iIejfVsQHrJLMjg3Rgub3k-i4=295) tendencies. Our best wishes for a productive day. Send any news, comments, Lord God Bird sightings, and a $1.50 egg salad sandwich to talk@qz.com. 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