Photographer: Josep Lago/AFP via Getty Images
Your Evening Briefing
The evening briefing will soon be available in your inbox every day. Sign up here.
In another suspected terrorist attack, a driver mowed down people in a European city, this time Barcelona. Spanish police said several people died and many were injured when a van plowed through crowds in the central Las Ramblas district. Officials are asking people to avoid the center of town. Check Bloomberg.com for the latest on this developing story.
Monumental fight. President Trump keeps wading back into the Charlottesville controversy. Today, he criticized the removal of Confederate monuments and lashed into his critics, including Republican Senator Lindsey Graham. Washington is still digesting yesterday’s dissolution of Trump’s CEO advisory councils, which came after he lost the support of business leaders after the fatal white supremacist rally in Virginia at the weekend. We’ve got the inside story of the 48 frantic hours leading to the breakup.
Africa’s richest man. Aliko Dangote is worth $12.3 billion and presides over an empire that includes cement, freight, infrastructure, and agriculture. His Dangote Group has expanded rapidly, spreading into new territory across Africa as well as into new industries. He’s now putting $11 billion into the construction of an oil refinery outside Lagos. Dangote’s next order of business after the refinery? Buying English Premier League football club Arsenal, he says, and firing its manager, Arsene Wenger.
Gulf cooperation. Qatar’s relations with its neighbors weren’t always this bad. In the past Saudi Arabia, currently leading a boycott of its Gulf rival, was actually an advocate of closer cooperation with all its neighboring Arab monarchies, though progress has been patchy toward a common market and military cooperation. Here’s a look at how the Gulf got to this point.
Trade impact. Europe managed to preserve its domestic bicycle manufacturing business by erecting import tariffs. The U.S. eschewed trade restrictions, and now more than 98 percent of bikes sold there are made in China or Taiwan. But would adding tariffs now revive American manufacturing — or would it kill jobs? A small producer in South Carolina demonstrates the complexity of the issue.
Swedish scramble. Residents of Scandinavia’s largest economy are emptying their pockets and checking between sofa cushions in a hunt for coins worth 1.6 billion kroner ($200 million). They are set to go out of circulation and become worthless at the end of this month. A local charity is urging people to give it what they dig up. The government thinks only 30 to 50 percent of the roughly 2.6 billion outstanding coins will be found in time.
Good eating. The best restaurant in the U.K. isn’t in London — in fact, it’s more than five hours away. Restaurant Nathan Outlaw in Cornwall has won the top spot this year in the Good Food Guide. The two-Michelin-star restaurant, named after its chef, specializes in fish, and prices start at £62 ($80) for a four-course lunch menu. But you don’t have to travel to Cornwall to taste Outlaw’s food. His other restaurants include Outlaw’s at the Capital, in London, and Nathan Outlaw at Al Mahara, in Dubai.
Compiled by Andy Reinhardt and Leila Taha