The Presidential Daily Brief

 

important

  1. Pensioners wait outside an Athens bank as financial institutions open briefly to allow Greek retirees access to their pensions, limiting them to 120 euros.

    Greece Sends Mixed Messages to Eurozone

    It’s Greek to us. First they wouldn’t budge to secure a bailout. Then they had a last-minute change of heart, but it was too little, too late. Now the world waits for either Athens or the EU to blink. The European Central Bank decided not to halt funding that’s allowing Greeks to withdraw cash and access pensions. But Prime Minister Alexis Tsipras accused creditors of “blackmailing” voters ahead of Sunday’s referendum, for which he’s encouraging a “No” vote. And EU finance ministers refuse to negotiate further until the ballots have been counted.

    Forward and Back

    important
    Sources:
  2. BP's hopes for avoiding 'negligence' penalties over the 2010 Deepwater Horizon oil disaster — pictured here — went up in smoke yesterday.

    BP Settles With U.S. on Deepwater Horizon Spill

    The oil spill from 2010 that spilled 4.9 million barrels of petrol into the Gulf of Mexico will cost BP $18.7 billion over 18 years to resolve claims by five U.S. states and the federal government. $5.5 billion of the settlement will be paid to cover penalties under the Federal Water Pollution Control Act, exceeding the previous Act record of $1 billion. The spill included the explosion of an oil well that killed 11 people, as well the sinking of the Deepwater Horizon rig. U.S. Attorney General Loretta Lynch said the settlement is the largest with a “single entity” is U.S. history.  

    Gas Cap

    important
    Sources:
    WSJ
  3. Multiple Jobs

    American Economy Adds New Jobs

    The U.S. Labor department announced that 223,000 new jobs were added in the month of June, indicating a healthy economy, along with a rise in consumer spending and home sales. The positive report stands in contrast to the high unemployment and general economic malaise in Europe, where Greece’s long-standing loan debts are shaking the foundations of the Euro currency. The labor report also says finance, software, marketing and insurance fields are seeing the highest levels of demand for jobs, with the technology industry unsurprisingly leading that pack with the highest median salaries.

    New Jobs

    important
    Sources:
    NYT
  4. A private plane sits on the tarmac.

    Justice Dept. Looks Into Airline Price Fixing

    They’re just plane suspicious. The feds have confirmed they’re investigating whether U.S. airlines have been colluding to keep fares artificially high by limiting routes and seat availability. After a series of high-profile mergers, there are few airlines left in the market, and those that remain have enjoyed rising fares, despite plunging fuel costs, normally a prime driver of ticket prices. A few airlines admit they’ve been approached about the probe — news of which made their shares dive — as speculation takes off over further legal action and possible fines.

  5. Police Respond to Shooting In Washington Navy Yard

    Navy Shipyard “All-Clear” After Reports of Shooting

    The Washington Navy Yard facility in the U.S. capital is “all-clear” after being in lock-down mode due to reports of a shooter on the loose earlier this morning. NCIS agents have completed their inspection of the Humphreys building in question and did not find a shooter or any victims. A 911 call from the building’s second floor had earlier identified a possible gun incident. The Yard is the same location of the 2013 shooting that killed 12 people and serves as an administrative and command center of the U.S. Navy.

  6. FIFA ethics boss

    U.S. Seeks Extradition of FIFA Officials

    Will they play ball on American soil? U.S. authorities have formally filed extradition requests for seven FIFA execs arrested in Zurich in May. The men, currently being held in Swiss prisons, are wanted on charges of racketeering, wire fraud and money laundering following an FBI probe. The defendants’ lawyers have two weeks to respond, at which point the Swiss Federal Office of Justice will rule on whether to extradite. But that decision could be challenged in lower and supreme courts — so they may not be going anywhere soon.

  7. Egypt's Sinai

    Jihadists and Egyptian Army Clash, Killing Scores

    Extremism is rearing its ugly head in Egypt at an accelerated clip. Yesterday, attacks by militants reportedly killed more than 100 in Northern Sinai, including 17 soldiers. The Egyptian military, which scrambled war planes and helicopters to fight the jihadists, claims the region is again under control. But the attack came just days after extremists killed a top prosecutor in Cairo. And it raises fears that the militants could be increasingly coordinating with ISIS, adding pressure to Abdel-Fattah el-Sissi’s presidency — and greater instability to the region.

    Extremely Dangerous

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    Sources:
  8. Ferry Accident Kills 36 in Philippines, Tunisia Arrests 12 Over Sousse Attack

    Ferry capsizes in the Philippines, killing at least 36. (CNN)

    Tunisian authorities detain 12 over last week’s terror attack. (France 24)

    Afghan court spares young woman’s mob killers. (BBC)

    Tennessee train fire prompts evacuation of 5,000. (USA Today)

    Tens of thousands of Sydney dental patients in HIV scare. (SMH)

intriguing

  1. Prince Alwaleed Pledges to Give Away Fortune

    Prince Alwaleed bin Talal to Donate $32B Fortune

    What a royal gain. The Saudi prince — and world’s 20th richest person — plans to give away his sizable wealth.  Alwaleed, 60, is the chief executive of the Kingdom Holding Company, which invests in industries as varied as oil, media and aviation, and he’s vowing to follow in the philanthropic footsteps of business giants Bill Gates and Warren Buffett. Yesterday, the prince pledged to use his money in the coming years to fight disease, build new schools and “create a more tolerant and accepting world.”

  2. Facebook logo

    Mark Zuckerberg Says Telepathy Is the Future

    Did we read it or simply feel it? Facebook’s founder thinks it’s just a matter of time before we share our emotions telepathically, thanks to advancing technology. In a public Q&A session, the 31-year-old entrepreneur shared his views on the future of social networking, noting how communications are improving relationships. “You’ll just be able to think of something and your friends will immediately be able to experience it too,” he said. We could write what we think about this … but Zuckerberg already knows.

  3. Young Woman With Blue Eyes Wearing Headscarf

    Science Links Alcoholism and Blue Eyes

    Addiction may be in the eye of the imbiber. A new study found that European-Americans with lighter eyes tended to suffer a higher dependence on alcohol. Researchers caution that eye color isn’t the cause, and is merely correlated, but they suspect the same genes responsible for blue eyes may also bestow a leaning toward addiction. It could be that doctors are simply quicker to diagnose light-eyed patients, but scientists are eager to research whether genes can offer new insight into substance abuse by diving into the baby blues.

  4. A General Lee Dodge Charger

    TV Land Drops ‘Dukes of Hazzard’ Reruns

    General Lee has been defeated again. The hit ’80s show featuring cousins who regularly ran into trouble with the law — and their battle-flagged Charger named after the Confederate Army commander — has been erased from the rerun schedule, just days after Warner Bros. stopped licensing associated merchandise. John Schneider, who starred as Bo Duke, says the decision was “reactionary and overly PC,” insisting Dukes was anything but racist. He’s hoping it’ll be reinstated — after all, they were just “good ol’ boys, never meanin’ no harm.”

  5. England's Toni Duggan sheds a tear after her squad's 2-1 loss to Japan.

    England Devastated by Own-Goal Loss to Japan

    The Lionesses are licking their wounds. Yesterday, the English side — having advanced further in the tournament than expected — were hoping to reach their first-ever World Cup final. But in the last seconds of the match, with the score tied 1-1, Laura Bassett tried to clear the ball away from Japanese striker Yuki Ogimi when it bounced off the crossbar and mercilessly across the line … for an own goal. This knocks England out of contention, pitting defending champion Japan against the U.S. in Sunday’s final.