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Fed decision day, Mexican quake deaths rise, blue dino eggs

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qz.com

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Wed, Sep 20, 2017 09:43 AM

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Quartz Daily Brief sponsored by Good morning, Quartz readers! What to watch for today The Fed gives

[Quartz - qz.com]() Quartz Daily Brief sponsored by Good morning, Quartz readers! What to watch for today The Fed gives a major policy statement. The US central bank is set to announce plans to start offloading its [$4.5 trillion debt portfolio]( accumulated in the wake of the financial crisis. The [Bank of Japan]( will also kick off a two-day monetary policy meeting. World leaders discuss Iran’s nuclear accord. Britain, China, France, Germany, Russia, and the US will [revisit the disarmament deal]( (paywall) negotiated with Tehran in 2015. Iranian president Hassan Rouhani said [the US will pay a “high cost”]( if president Donald Trump follows through with his threats to scrap the pact. World leaders and business bigwigs discuss “a new multilateral economic order.” That’s one of the themes of the inaugural [Bloomberg Global Business Forum]( an invite-only event in New York on the sidelines of the UN general assembly. (Quartz is a media partner.) Mike Bloomberg, Bill Clinton, Bill Gates, Christine Lagarde, Jack Ma, Emmanuel Macron, and Justin Trudeau are among the speakers. Sessions will be [streamed online]( starting at 8:30am ET. Hurricane Maria heads for Puerto Rico. The category 5 storm, which lashed the US Virgin Islands, is [set to hit Puerto Rico]( midday Wednesday local time with maximum sustained [winds of 160 mph](. The island’s public-safety commissioner urged people to “evacuate or die.” Sponsor content by Ray Dalio Ray Dalio, one of the world’s leading investors and entrepreneurs, discusses how radical transparency and algorithmic decision making are changing workplace culture in his [new TED talk]( “How to build a company where the best ideas win.” [Advertisement] While you were sleeping The death toll from the Mexican earthquake hit 217. The epicenter of yesterday’s 7.1 magnitude was 100 miles south of the capital, and nearly half of those killed were in Mexico City. The earthquake struck on the anniversary of the one that [destroyed Mexico City in 1985](. It’s also the second quake in a month for the country, where 100 people were killed. Amazon’s making Alexa-enabled glasses. The e-commerce giant’s [first wearable device]( (paywall) will be “smart glasses” that would allow you to summon its virtual assistant while on the move. The glasses would pair with a smart phone, and a bone-conduction audio system would let the wearer hear Alexa without using headphones. German and Indian titans forged Europe’s second-largest steel company. Pending EU approval, Thyssenkrupp and Tata Steel will form a joint venture, based in the Netherlands, second only in size to European leader ArcelorMittal. The deal is expected to create savings of up to $700 million a year. The downside is the [possible loss of up to 4,000 jobs](. Toshiba picked a buyer for its memory chip unit. After weeks of deliberation, the Japanese company’s board settled on an international consortium led by [US private-equity firm Bain Capital]( (paywall) to buy the prized unit in a deal worth a reported ¥2.1 trillion ($18 billion). Toshiba is expected to finalize the deal later today. Refugees on Manus and Nauru will finally be sent to the US. The Australian government said that the first group of refugees [will be resettled in the US]( in the coming weeks as part of an Obama-era deal between the two countries—the one Trump called “dumb.” There are around 2,000 migrants languishing in rough conditions in Australia’s poorly run offshore camps on the Pacific islands. Quartz obsession interlude Annalisa Merelli on Trump’s rating of countries. “Trump’s first address at the UN general assembly was a 41-minute-long declaration of US power and military prowess, a celebration of sovereignty over international collaboration, and a threatening condemnation of America’s enemies… Trump took the opportunity to share his view of an international community broadly divided into very bad, bad, sad, and good countries. (Plus one that is the greatest of them all.)” [Read more here](. Matters of debate We have the wrong ideas about political violence. Non-violent political resistance is [not as tactically successful]( as history books suggest. Team-building exercises create toxic companies. They create [in-groups and out-groups]( that can lead to an exclusive workplace culture. US teens are delaying sex and booze. For adolescents, [18 is the new 15]( due to smaller families and more parental attention. Surprising discoveries Beyoncé fans got a punk-rock surprise on the vinyl version of Lemonade. A printing error resulted in one side being filled with [songs from the Canadian punk band Zex](. China shut down a sex-doll rental service. The dolls on offer [were marketed as]( Chinese, Korean, Russian, and Wonder Woman. Morgan Freeman says the US is “at war” with Russia. The actor with the “voice of god” [has been enlisted]( by the newly formed Committee to Investigate Russia to promote its message. Some dinosaurs laid blue eggs. Most birds, lizards, and mammals have all-white eggs; colored eggs suggest [the dino nests were exposed](. Indian feminists organize monthly Wikipedia Edit-a-Thons. The activity is meant to [address the gender imbalance]( in Wikipedia editing—only 3% of the site’s editors in India are women. Our best wishes for a productive day. Please send any news, comments, Morgan Freeman audio books, and Beyoncé-Zex mash-ups to hi@qz.com. You can follow us [on Twitter]( for updates throughout the day or download [our apps for iPhone]( and [Android](. Enjoying the Daily Brief? Forward it to a friend! They can [click here to sign up.]( Want to receive the Daily Brief at a different time? [Click here]( to change your edition. To unsubscribe entirely, [click here](. Quartz | 675 Avenue of the Americas, 4th Fl | New York, NY 10011 | United States

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