Good morning, Quartz readers!
WHAT TO WATCH FOR TODAY
Markets re-open in a post-Brexit world. Stocks plummeted on Friday in response to the referendum vote and further turbulence is expected as the world adapts to the idea of a UK-less European Union. British finance minister George Osborne will make a statement at 6am GMT on Monday, and top central bankers will meet in Portugal this week for a planned European Central Bank summit that just got a lot more interesting.
EU heads of state meet in Berlin. Germany’s Angela Merkel, France’s François Hollande, and Italy’s Matteo Renzi will meet with European Council president Donald Tusk (paywall) in Berlin on Monday. The gathering comes ahead of an EU Summit in Brussels this week, where heads of state will discuss Brexit.
Labour considers ousting leader Jeremy Corbyn. Members of the UK parliament are expected to discuss a vote of no confidence in Corbyn at a meeting on Monday. If the motion is accepted by party chair John Cryer, it will be followed by a secret ballot on Tuesday, which could force Corbyn out.
OVER THE WEEKEND
Britons called for a redo. More than 3 million people signed a petition that calls for a second Brexit referendum if the winning campaign garnered less than 60% of the vote and voter turnout was less than 75%, both of which were true on Thursday. By law, the UK parliament must consider petitions with more than 100,000 signatures, but this one is still a long shot.
Iceland and Spain held elections. On Saturday, Icelanders elected history professor Gundi Johannesson as president, a largely ceremonial post, though roughly 10% of the population spent election day in France watching the Euro 2016. In Spain, exit polls showed the conservative People’s Party winning most seats, but no party is expected to win a majority.
China and Russia strengthen ties. Chinese president Xi Jinping and Russian president Vladimir Putin met on Saturday to reaffirm 15 years of mutual political and economic support. Among other things, they discussed an energy deal that would put Russian oil producers and Chinese national chemical companies into business together.
Brazil’s drug-testing laboratory was suspended. Just six weeks before the Olympics start in Rio, the World Anti-Doping Agency declared the Brazilian Doping Control Laboratory unfit to test blood and urine samples from athletes, citing “non-conformity” with international laboratory standards. The lab has 21 days to appeal their suspension.
Pope Francis recognized the Armenian genocide. During a visit to Armenia, the leader of the Catholic church referred to the the 1.5 million deaths during WWI as a genocide, and prayed that killings of that magnitude would never happen again. Turkey’s deputy prime minister accused Francis of having a crusader mentality.
QUARTZ OBSESSION INTERLUDE
Oliver Stanley on a fertility drug made with the Pope’s blessing and gallons of nun urine. “Soon, tanker trucks were hauling the pee of hundreds of nuns from Catholic retirement homes across Italy to Serono’s headquarters in Rome. While the urine of any post-menopausal women would work, nuns provided Serono with an extra advantage: Because hormones from pregnant women would contaminate the batch, it was critical there be no chance any of the women were pregnant. Working with nuns improved the odds.” Read more here.
MATTERS OF DEBATE
The Brexit fallout will be good for young Europeans. The vote will force younger generations to be more seriously politically engaged, instead of relying on the benefits their parents enjoyed.
The political center needs its mojo back.
Former UK prime minister Tony Blair argues
that unless the center can find a way to resist populist anger and push back against the far left and right, Europe faces an uncertain future.
Ads featuring super-thin models shouldn’t be banned. Blocking advertisements that show unhealthily thin women only reinforces the idea that judging women’s bodies is acceptable.
SURPRISING DISCOVERIES
Americans are sleeping more. It’s mostly because of the country’s aging workforce, but unemployed Americans are also getting more shut-eye, according to new Labor Department data (paywall). On the flip side, people with full-time jobs are working slightly more than they used to.
Tech companies are hiring chiefs of staff. Rapid expansion is forcing Silicon Valley firms to adopt a more hierarchical structure, and they’re looking to Washington for clues.
Trendy nitro-brewed beers are creamier thanks to chemistry. Nitrogen creates smaller bubbles than carbon dioxide, and doesn’t produce extra acid.
Some fish are OK out of water. A meta-review suggests that, in some instances, fish may have evolved to survive out of water for short periods of time.
Goldman Sachs is using video interviews to tackle diversity. In lieu of on-campus interviews, the bank will require summer analyst candidates (paywall) to answer software-generated questions via video.
Our best wishes for a productive day. Please send any news, comments, nitrogen-bubble recipes, and Brexit petitions to hi@qz.com. You can download our iPhone app or follow us on Twitter for updates throughout the day.