The Philippines’ new president, Messi stands trial, Twitterature

Good morning, Quartz readers!

What to watch for today

Tesla holds its annual shareholders’ meeting. In addition to the usual business of voting on board directors and stockholder proposals, CEO Elon Musk will answer questions from members of the Tesla Motors Club forum. Live-stream it here.

Lionel Messi stands trial for tax fraud. The Argentinian soccer star and his father Jorge allegedly hid $11.25 million from the Spanish government in South American tax havens. 

New data on US home prices. The S&P/Case-Shiller Index will update on residential values across the United States. With home sales and residential investments rising, the US housing market may be starting to boom.

While you were sleeping

The Philippines has a new president. Rodrigo Duterte was named president of the Philippines, succeeding Benigno Aquino. The 71-year-old won’t be sworn in until next month, but he’s already got his scheduled worked out—and it includes work days that start at 1pm.

Latin America’s biggest airline cancelled flights to Venezuela. LATAM has joined German carrier Lufthansa in suspending flights to Venezuela. The country faces a severe economic crisis, and airlines says currency restrictions are making it difficult to cover costs.

Jihadis linked to the Paris attacks stood trial. Members of a Strasbourg-based group that once included Foued Mohamed-Aggad, architect of the Nov. 13 massacre in Paris, were questioned by a judge for alleged terrorist activity in Syria. They say they were tricked into joining the Islamic State.

Fatal floods in southwest Germany. Severe flooding has resulted in four deaths. The state of Baden-Württemberg was hardest hit, with collapsed bridges and mudslides blocking roads.

Quartz obsession interlude

Olivia Goldhill on the dangers of overwork. “Workaholism, long-associated in some parts of the world with an industrious work ethic, can develop into a full-blown psychological addiction. Troublingly, a recently published study of 16,426 working adults in Norway found that those with workaholism are significantly more likely to have psychiatric symptoms.” Read more here.

Matters of debate

The UK is the most corrupt country in the world. Mafia expert Roberto Saviano says Naples has nothing on the UK’s unscrupulous financial capital.

The dress code is dead. A revolution in office culture is underway, and it values personal expression over corporate identity.  

Twitter is perfect for poetry. The social platform’s 140-character limit has given rise to a new literary art: “Twitterature.”

Surprising discoveries

Facebook’s population is bigger than China’s. The world’s largest social network has over 1.65 billion active users a month.

The rich get richer. The richest families in Florence in 1427 are still the richest families in Florence today.

Chinese students are banned from acting out. Ten days before China’s infamous National College Entrance Exam, one city has forbidden students from tearing textbooks to relieve stress.

Swedish men now outnumber women. Thanks to immigration and rising life expectancy, the percentage of men in several European countries is rising.

Religious leaders were early adopters of abortion. When New York legalized abortion in 1970, Protestant and Jewish clergy quickly opened a clinic to model affordable, safe practices.

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