The Greek Parliament has approved the new bailout proposal by Prime Minister Alexis Tsipras’ government, putting pressure on Eurozone creditors ahead of their summit Sunday on Greece’s fate. The reform proposals were more in line with creditors’ demands, as they included serious pension cuts and tax raises, somewhat defying the public’s recent referendum “No” vote. The Parliament vote was decisive – 251 out of 300 members voted for it – but it may have come at a price for Tsipras. More than a dozen of his party’s members were against it, which, analysts say, may force him to resign.
The Presidential Daily Brief
Dozens waited outside barricades to watch the historic moment: The Confederate flag being permanently lowered from the grounds of the statehouse for the first time in 50 years. After decades of defense from state politicians, the tide turned against the flag after a white supremacist massacred nine people — with a gun he shouldn’t legally have been able to buy — in a Charleston church. The battle against the flag now turns to Louisiana, where legislators are discussing the fate of multiple Confederate memorials that they worry glorify racist leaders and events.
They’re taking no chances. Two weeks ago, an attack on a beach hotel in the northern African nation left 38 people dead, including 30 Britons, and the UK Foreign Office is now advising anyone left in the country to make a swift exit, saying they have intelligence that another attack is imminent. While Tunisian officials protest that panics like this are just what terrorists are hoping for, thousands of Brits are flying home — and other countries are chiming in, with both Ireland and Denmark urging their citizens to leave Tunisia as soon as possible.
It all comes down to the labor market. Though Fed chair Janet Yellen said the world should plan for its first interest rate rise in nearly a decade sometime in the next six months, she didn’t give any other details — like whether there might be more than one rate hike, for example — and explained that the Fed is watching the labor market for cues on what needs to be encouraged in terms of American economic growth. The dollar rallied after her remarks, but the whole world will be watching for more clues.
She had to take responsibility. Katherine Archuleta is resigning in the wake of administration admissions that 21.5 million Americans were victimized by cyber-thieves infiltrating the Office of Personnel Management under her watch, in addition to the 4.2 million federal employees impacted by a related attack. The hacks, believed to have originated in China, compromised personal data — including Social Security numbers — of millions who submitted to federal background checks in recent years. Archuleta’s departure isn’t likely to quell concerns over information warfare and the strength of America’s digital infrastructure.
They see the light at the end of the tunnel. The European stock index is up 1.9 percent, meaning it’s finally regained the ground lost when last week’s Greek referendum sent everything plunging. Though there are no guarantees as European officials prepare for discussions on Greece’s new austerity-laden economic reform proposals, investors seem optimistic again, with bond markets rallying as well and the euro crawling back up 1.1 percent against the dollar. But if Greece’s domestic naysayers sink the new plan in today’s vote, these gains could come crashing down.
Things may be looking up for its shares, but folks are increasingly looking down at China’s leader. Following weeks of share sell-offs, markets continued on from yesterday’s rebound with the Shanghai Composite up 4.5 percent — thanks largely to government spending measures aimed at buoying stocks. But President Xi Jinping is suffering an increasing, and notably rare, backlash from some who fear that his forceful management style is putting China’s future financial health at risk.
Are they speaking the same language? Russian Foreign Minister Sergei Lavrov said there were no “insurmountable problems” left to stall a nuclear deal. And yet a midnight deadline passed without an accord. This means new U.S. legislation kicks in, doubling American lawmakers’ time to scrutinize any potential deal, which could affect Iran’s willingness to play ball. Secretary of State John Kerry said there was no reason to leave “just because the clock strikes midnight.” But in pointing to “tough” unresolved issues, he’s sounding less and less optimistic.
Gunman arrested after German shooting attack. (CNN)
Volcanic eruption closes Indonesian airports. (BBC)
Donald Trump leads two GOP polls. (BI)
Murder rates spike in U.S. cities. (USA Today)
Former Raiders QB Ken Stabler dies. (NYT)
It’s not how she planned to win reader votes. The controversial interim CEO stepped down after an uproar from readers over how she allegedly handled the firing of former employee Victoria Taylor, who was popular with readers. She will be replaced by co-founder Steve Huffman. Readers circulated a petition demanding Pao leave the company that received more than 200,000 signatures and today’s resignation vaulted to the top of the user-generated home page. Pao has said she will stay on Reddit’s board of advisors until the end of the year.
His leg is hurt but he’s all smiles – really. The famously grouchy actor took part in the Comic-Con panel for the upcoming Star Wars film, along with the rest of the cast, and according to attendees, appeared well and in good spirits. Back in March, Ford suffered a crash of his WWII-era plane but came out of it alive due to an impromptu landing on a golf course. At the Con, Ford talked about his emotional on-set reunion with Mark Hamill and Carrie Fisher, the fruits of which we’ll see on-screen on Christmas Day.
Readers are getting their first new taste of Atticus Finch as the sequel to Harper Lee’s “To Kill a Mockingbird” is being previewed for audiences. Lee actually wrote most of “Go Set a Watchman” Watchman before her 1960 novel debuted but publishers asked her to rework the dark tale. Fans expecting a glorious return to a tale of social justice will be sorely disappointed, as Atticus Finch is now a bitter segregationist in the book. Daughter Scout, now a young adult woman, returns home to come to terms with her father’s unsettling views.
They continue to rack up historic goals. It was the first time a team of female athletes was honored with a ticker-tape parade in the Big Apple’s famed Canyon of Heroes. Mayor Bill De Blasio presented the team with keys to the city as thousands of spectators turned out for the event, surrounding City Hall with confetti and cheers of “USA! USA!” The 23-member team wore their gold medals and acknowledged the historic opportunity to provide inspiration for young girls and millions of sports fans around the world.
He was more than just a sidekick. The Egyptian actor who burst on the scene in 1962 as Peter O’Toole’s buddy in Lawrence of Arabia has died of a heart attack while battling Alzheimer’s disease. Not only was Sharif a celebrated actor on two continents — his work in Egyptian cinema predated his roles in Western films like Funny Girl — he was also a leading bridge player, one of the top 50 in the world at one point, and the namesake of 1970s card sharp tour the Omar Sharif Bridge Circus.
Non means non! The French government is launching a new campaign against sexual harassment, reminding folks that pestering and violence toward women are crimes. This follows a recent poll revealing that 100 percent of French women reported being harassed on public transportation. An ad campaign will warn of potential prison sentences while encouraging bystanders to intervene. And a new emergency number, 3117, will enable the reporting of such behavior. The push, underway this autumn, will be bolstered by women identifying Metro areas where they feel the least safe.
That idea just went up in smoke. Earlier research suggested that raising cigarette taxes by a dollar could reduce teen smoking by 10 percent. But economists have recently found that more expensive products no longer stop teenagers from lighting up. With overall smoking rates falling, “the only remaining smokers are the die-hards” who are more addicted and less influenced by price. And younger smokers may be buying online to avoid taxes. Experts say new measures must be considered, like early intervention, scary packaging and raising the legal smoking age.
They’re steering clients in the wrong direction. That’s the ride-sharing service’s response to the lawyers for a group of drivers demanding employee status. Uber has filed an opposition to the “class-action” nature of the suit, citing sworn declarations from hundreds of its drivers who say they’d prefer to remain independent contractors. The company claims that the plaintiffs don’t know much about those they supposedly represent: real drivers. But desire doesn’t determine law, and it’ll be up to a federal district court in San Francisco next month to determine who’s boss.
She called her out. Patti LuPone, Tony-winning star of Shows for Days, caught an audience member texting and responded by swiping the phone from her hand mid-show while managing to stay in character. The legendary diva, known for not tolerating audience disruptions, called mid-play texters ”rude, self-absorbed and inconsiderate,” and said she feels defeated by the modern theater-going environment. But perhaps technology is also the solution: LuPone says the idea of signal-scrambling to render cell phones useless in theaters does have a nice ring.
It’ll be a clash of the titans. World No. 1 Novak Djokovic defeated Richard Gasquet in the semi-finals, denying the 29-year-old Frenchman his first ever shot at a Grand Slam final. Meanwhile, Roger Federer preserved his record in Wimbledon semifinals — it now stands at 10-0 — by defeating Andy Murray on his home turf. The two will face off Sunday, in what Djokovic likely hopes will be a repeat of their Wimbledon final last year, when he beat Federer after five grueling sets.