Good morning, Quartz readers!
What to watch for today and over the weekend
The US looks for a rebound in jobs. Economists forecast that the economy added 165,000 jobs in June, up from a disappointing 75,000 in May. Another below-expectation number could justify a cut in interest rates—the Federal Reserve’s reluctance to reduce rates has attracted sharp criticism from the White House.
The Women’s World Cup Final. On Sunday, the Netherlands goes up against three-time champion United States in Lyon. The Dutch are ranked eighth in the world, and this is only the second time that they have qualified for the tournament.
Greece votes. Prime minister Alexis Tsipras called Sunday’s snap election following his party’s heavy defeat in European elections in May. Disappointment in his party over economic issues has pushed voters toward the center-right opposition, which is promising lower taxes and a renegotiation with Greece’s creditors.
Iran’s nuclear program breaks the rules. President Hassan Rouhani said the country’s uranium enrichment level will, on Sunday, exceed the limit agreed to in a 2015 pact with major powers. (The US pulled out of the deal last year.) Iran will push enrichment to “as much as we want, as much as is necessary, as much as we need,” Rouhani said.
While you were sleeping
India released its budget. New finance minister Nirmala Sitharaman presented the first budget of Narendra Modi’s second term. It included announcements on foreign direct investment, startups, higher education, energy access, and a commitment to “set the ball rolling for a new India.”
Sudan reached a deal. Following weeks of violence, the ruling military council and civilian groups struck an agreement to share power until the next elections, at which time the military will step down from government. Sudanese took to the streets to celebrate.
Samsung updated its earnings forecast. The Korean tech giant said that operating profit in its latest quarter is likely to have dropped by more than half due to US sanctions on Huawei and a growing spat between Tokyo and Seoul over the export of high-tech materials. The slump was moderated, however, by a strong performance in its display unit.
The UK may probe Amazon’s Deliveroo investment. Britain’s Competition and Markets Authority served the two companies with an “initial enforcement order” while it decides whether or not to formally investigate the effects of Amazon’s investment in the UK-based food delivery startup, part of a $575 million funding round.
German factories sputtered. Data on industrial orders in the export-driven economy disappointed analysts, suggesting that Germany’s overall GDP may register a contraction in the second quarter.
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What does a meat market in China have to do with Brazilian soybean farms? A whole lot, it turns out. Chinese demand for meat has a gravitational pull that is drawing in the world’s soybean-growing countries. In our ongoing members-only video series on how China is reshaping our world, we examine how Chinese tastes are changing entire nations—even ones as large and diverse as Brazil.
Matters of debate
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Women should embrace “glass cliff” roles. IMF chief Christine Lagarde, recently nominated to take over the European Central Bank, says leading during a crisis is a chance to have a real impact.
TV punditry hasn’t caught up with the times. The overwhelmingly white male line-up of TV talking heads is a poor reflection of today’s political landscape.
Conservatism is in crisis. Right-wing parties in power in the US and Europe repudiate the very values that define the ideology.
Surprising discoveries
American children have moved to Mexico in record numbers. Economic opportunities and immigration enforcement are key drivers.
The deputy mayor of Paris says tourist buses need to go. They’re “wreaking total anarchy” in a city struggling to serve hordes of tourists.
KLM is telling people not to fly. The Dutch national carrier is asking people to think twice about flights and contribute to its carbon-offsetting scheme.
One in three Americans think they already have 5G. A survey of 2,000 smartphone owners revealed confusion over their phones’ capabilities.
Egypt objected to the auction of a 3,000-year-old bust. The sculpture of boy-king Tutankhamen fetched nearly $6 million despite demands for its return.
Our best wishes for a productive day. Please send any news, comments, anarchic tourist activities, and genuine 5G connections to hi@qz.com. Join the next chapter of Quartz by downloading our app and becoming a member. Today’s Daily Brief was written by Annabelle Timsit and edited by Jason Karaian.