Good morning, Quartz readers!
What to watch for today
A potential ceasefire in Aleppo. Russia intends to facilitate daily, three-hour ceasefires in the Syrian city starting today, so that humanitarian convoys can bring in aid. The UN and US remain wary of the time constraints and Russia’s ability to enforce the ceasefire.
Alibaba and Macy’s release earnings. China’s e-commerce giant is breaking earnings out into five categories in an effort to provide more transparency (paywall), and will likely report solid revenue growth driven by its cloud computing business. Meanwhile, America’s largest department store is expected to post a 6% drop in year-over-year revenue as it continues to struggle against lower-cost rivals, especially online.
Hillary Clinton lays out her economic plan. The US Democratic presidential candidate is giving a speech in Detroit three days after Donald Trump made his big economic pitch there. Clinton will attempt to tear down Trump’s proposal while outlining the core of her own.
While You Were Sleeping
Vietnam placed rocket launchers in the South China Sea. Authorities in Vietnam denied that the weapons had been moved to within striking distance of Chinese runways and military installations.
Vladimir Putin blamed Ukraine for conflict in Crimea. The Russian president said Ukraine was using terror tactics to provoke a dispute, and sees no point in holding peace talks ahead of the G20 summit in China next month.
NATO reassured Turkey. NATO called Turkey a “valued ally” one day after Turkish president Recep Tayyip Erdogan visited Russia, and less a month after a failed coup attempt in Turkey. John Kerry has raised doubts about the country’s place in the organization.
The US Secret Service had “more than one conversation” with Donald Trump. After the Republican candidate implied that Hillary Clinton could be assassinated, officials had several discussions with Trump and his aides about the remarks.
ISIL was dealt a final blow in North Africa. US-backed pro-government Libyan militias said they seized the Islamic State’s headquarters in the city of Surt, which the terrorist group had occupied for more than a year.
Quartz markets haiku
Investors push gold
Prices near a 2-year high
Rio medals ain’t cheap
Quartz obsession interlude
Michael Tabb on the physics of Simone Biles’ signature move. “Try taking a Barbie or a pencil (or any object, really) and flip it in the air without having it twist at all. It’s basically impossible. But the world’s best gymnasts stay almost perfectly straight. Clearly, scientists thought, these gymnasts have some kinesthetic intelligence that Barbies don’t.” Read more here.
Matters of debate
Trying to make people less sexist is pointless. Instead, change the system so that there is less room for bias.
“Joking” about political assassinations isn’t okay. Humor can make fringe ideas mainstream.
Xi Jinping might want to be a dictator. By purging the ranks of communist youth, the Chinese president shut down one of the country’s two paths to power.
Surprising discoveries
Michael Phelps just tied a 2,168-year-old Olympic record. With 12 individual wins, the swimmer matched a record held by sprinter Leonidas of Rhodes since 152 BCE.
Mark Twain really hated the US postal service. He was riled by regulations and the price of overseas shipments.
Olympic boxers don’t wear headgear anymore. The International Boxing Association says helmets may actually lead to more concussions.
Franz Kafka’s manuscripts produced a kafkaesque legal battle. The confusion was caused by kafkaesque instructions.
UN chief Ban Ki-moon has an “American mom” in California. She was his host when he came to America for a Red Cross-sponsored trip when he was 18, and they’ve kept in touch ever since.
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