Born That Way.

Disappearing data.

“Most mornings I learn more from New Items than I do from all of the traditional papers I read combined.” — Michael Blair, Lecturer in Law at Columbia Law School and former presiding partner, Debevoise & Plimpton.

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1. Lady Gaga in Rio:

(Saturday night, Lady Gaga performed for 2.1 million people in Rio De Janeiro.)

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2. India and Pakistan are the closest they’ve been to military conflict in years following last month’s devastating attack on Indian tourists in Kashmir. The turmoil couldn’t come at a worse time for the economies of the two nuclear-armed nations. For India, the crisis has struck in the middle of intense negotiations over a trade deal with the US that New Delhi hopes will spare it from President Donald Trump’s so-called reciprocal tariffs. Prime Minister Narendra Modi has been counting on the pact to bolster India’s pitch to global investors that it is a haven from Trump’s trade war. Pakistan, for its part, is pulling itself out of an economic crisis that brought it close to bankruptcy — helped by a $7 billion International Monetary Fund loan program. The government is pushing ahead with its most serious economic reforms in decades to secure more relief. The attack in Indian-administered Kashmir, which Modi’s government has labeled an act of terrorism, is now forcing both countries to shift their attention away from these economic priorities and back to their decades-long rivalry over the disputed Himalayan region. (Source: bloomberg.com)

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