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Fwd: The Presidential Daily Brief - 06/16/2015

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---------- Forwarded message ----------
From: OZY <admin@ozy.com>
Date: Tue, Jun 16, 2015 at 1:19 PM
Subject: The Presidential Daily Brief - 06/16/2015
To: pascal.alter@gmail.com


What Happened, Why it Matters
OZY
June 16, 2015  Al-Qaida's Second-in-Command 'Killed'  |  AIG Ruling Could Affect Bailouts  |  Bush Throws Hat in Ring  |  Court Green-Lights Pot Firings
He may be dead. Al-Qaida reports that its second-in-command and leader in Yemen, Naser al-Wahishi, has been killed in a U.S. drone strike.
He may be dead. Al-Qaida reports that its second-in-command and leader in Yemen, Naser al-Wahishi, has been killed in a U.S. drone strike.  Source: Getty

IMPORTANT...

1U.S. DRONE 'KILLS AL-QAIDA'S SECOND-IN-COMMAND'

The deputy is reportedly dead. Al-Qaida has announced that Naser al-Wahishi, the head of its affiliate in Yemen who was appointed as second-in-command overall in 2013, has been killed by a U.S. drone strike. Pentagon officials have yet to confirm the kill, which would signal the greatest victory since Osama bin Laden's 2011 death. But his successor won't be any picnic either — one analyst predicts far more aggression under newly appointed former military chief Qassim al-Raymi.

Al Jazeera, Belfast Telegraph, BBC

2FORMER AIG CHIEF WINS COURT BATTLE BUT NO CASH

Ex-CEO Hank Greenberg triumphed, but he has little to show for it. The 90-year-old was vindicated in his four-year legal battle when Judge Thomas Wheeler ruled that the U.S. showed "unduly harsh treatment" in 2008 by seizing 80 percent of the firm in exchange for a $182 billion bailout. But since the company would've otherwise gone bankrupt, no damages were awarded. The ruling — which saw AIG shares rise — could have a devastating effect on the government's inclination to intervene in future financial crises.

FT (sub), Reuters, NYT

3EU COUNTRIES CLASH OVER MIGRANT CRISIS

This will test European unity. Leaders are meeting in Luxembourg today to discuss how to deal with the influx of migrants braving treacherous Mediterranean crossings to land in Italy and Greece by the thousands. Italy — backed by the European Commission — is begging other countries to share the burden, while threatening to issue residence permits that would allow the refugees to enter other EU countries if no deal is forthcoming. British Prime Minister David Cameron, meanwhile, is expected to push hard against taking anyone in.

BBC, Independent, The Guardian

4JEB BUSH FORMALLY ANNOUNCES 2016 BID

OZY's former PDB guest curator wants his own presidential briefing. The former Florida governor ended months of speculation by formally launching his bid yesterday for the 2016 GOP nomination. Bush, whose father and brother served as the 41st and 43rd U.S. presidents respectively, told a crowd of supporters at Miami Dade College that he's taking nothing for granted. Deemed the front-runner, albeit not by much, Bush pointed to his leadership experience and vowed to get the country "back on the side of free enterprise and free people."

Politico, FiveThirtyEight, DW, Washington Post

BRIEFLY...

Greece's finance minister says no more proposals from Athens. (DW)

Dolezal quits NAACP post as news of discrimination suit emerges. (NYT)

European Court of Justice says ECB can buy bonds. (DW)

Kurds conquer northern Syrian town, run ISIS out. (BBC)

FIFA's Chuck Blazer went undercover for immunity deal. (The Guardian)

INTRIGUING ...

1COURT SAYS FIRING OVER LEGAL DRUG USE OK

There are still a few legal issues to weed out. The Colorado Supreme Court has just ruled that employers can fire staff for smoking marijuana, even in states where it's legal. Employers with zero-tolerance policies are within their rights to terminate workers — even if they smoke in private, not on the job — because federal laws don't protect recreational or medical pot users. So until laws change, expect more firings in Colorado and in 22 other states that have "legalized" medical marijuana.

Huffington Post, Salon

2SPACEX LAUNCHES HYPERLOOP POD DESIGN CONTEST

If you build it, they will zoom. Elon Musk's aerospace company is hoping to attract independent engineering teams and university students to join the race in creating high-speed transit pods by launching a competition to get more prototypes flying. The challenge is open to anyone — including private firms, which are already charging full speed ahead — and entries are due by September 15. They'll then be vetted and tested alongside a SpaceX-designed reference pod on a one-mile test track to be built by June 2016.

TechCrunch, Engadget

3CHOCOLATE LOWERS RISK OF HEART ATTACK

Can two Hershey bars a day keep the doctor away? Unlike a recent bogus study about chocolate aiding weight loss, this one's legit: New research shows that dedicated chocoholics — those eating about 3.5 ounces a day — are 11 percent less likely to suffer from cardiovascular disease, and enjoy a 25 percent lower risk of associated death compared to non-chocolate consumers. Scientists warn that they've found a link, rather than a cause and effect, and encourage folks to unwrap the foil in moderation as they conduct further research.

Forbes, Science Daily

4RUSSIAN ANTI-GAY POLITICIAN WANTS TO BAN 'THRONES'

You'd think he'd relate to "Winter is Coming." But St. Petersburg lawmaker Vitaly Milonov, the infamous designer of Russia's "gay propaganda" laws, is concerned that Game of Thrones rejects "traditional values." He's proposing that Western television programs get government approval before entering the country. The fantasy drama is a huge hit in Russia, but Milonov — who hasn't seen the show but believes 10 percent of its characters are sexual deviants — hopes he can convince the Ministry of Culture to his way of thinking.

BuzzFeed, PinkNews

5BLACKHAWKS SUFFOCATE LIGHTNING, HOIST STANLEY CUP

It's officially a dynasty. Chicago's dominant defenseman — and unanimous playoff MVP — Duncan Keith scored the first goal last night, followed by Patrick Kane's third-period shot, to clinch a 2-0 win for the Blackhawks. Tampa Bay had a golden opportunity early, when star Steven Stamkos was denied on a fast break by Corey Crawford, who recorded 25 saves in his fifth career playoff shutout. Though the Hawks have now earned three championships in six seasons, this was their first Cup win in 77 years on home ice.

ESPN, Chicago Tribune

Alexis
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FLASHBACK

The Virginia Couple Who Gave Birth to the Billable Hour
American lawyers bill clients - and suffer - by the hour, thanks in large part to one obscure Virginia case 40 years ago.

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