Daily briefing: London terror attack, Macron wins majority, learning from manterrupters

At least one killed and 10 injured after van ploughs into worshippers close to a mosque in north London

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London has been hit by another terrorist attack. At least one man was killed and 10 others injured after a van ploughed into worshippers close to a mosque in the north London neighbourhood of Finsbury Park. The victims, many of whom had just emerged on to the street after Ramadan prayers just after midnight, were all Muslim. Several witnesses to the attack said the van’s driver, who was detained by locals until police arrived, shouted: “I want to kill Muslims.” Police confirmed that they have arrested a 48-year-old man on suspicion of attempted murder and the prime minister, Theresa May, said the government was treating the incident as a terrorist attack.

This is the fourth attack in the UK since March. Just two weeks ago, three Islamist militants mowed down pedestrians and rampaged through a popular market, killing eight, while last month a suicide bomber at a pop concert in Manchester killed 22. In March a man rammed pedestrians on Westminster Bridge and killed a policeman.

In the news

Brexit talks begin
Formal talks have begun in Brussels on Britain’s withdrawal from the EU. David Davis, UK Brexit secretary, is meeting with Michel Barnier, chief EU negotiator, to open negotiations, but it is unclear how long the initial phase will last. Here’s what to expect on day one. (FT)

En Marche wins majority
French president Emmanuel Macron won a decisive majority in parliamentary elections, giving him considerable power as he embarks on reforms to reinvigorate the economy and restore French influence in Europe. His party, La République en Marche and its centrist ally Modem, won 350 of 577 seats. Turnout was at a record low of only 43 per cent, but the solid majority reinforces the legitimacy of the 39-year-old president, who only set up his up his cross-party movement 14 months ago. (FT)

Number of displaced jumps
A record 65.6m people around the world were forcibly displaced from their homes due to conflict or persecution by the end of 2016, according to newly released figures by the United Nations ahead of World Refugee Day on Tuesday. The head of the UN’s High Commission for Refugees said it was the “highest figure since we started recording these figures”. (Jazeera)

Saudi Aramco untangles its finances
Saudi Arabia is seeking to untangle the energy group’s finances from those of the state to present investors with a streamlined set of financials ahead of its planned initial public offering in 2018. The kingdom is targeting a $2tn valuation for the energy group. (FT)

Russia granted Trump trademark extensions
While hacking Democrats’ emails and working to undermine the American electoral system — and ensure Mr Trump’s victory — Moscow extended six trademarks for the soon-to-be US president. (NYT)

The day ahead

Panama leader visits US
Juan Carlos Varela will meet Donald Trump days after the small country established diplomatic relations with China — while cutting them with Taiwan — in a diplomatic victory for Beijing. (FT)

Paris air show
The biggest aircraft makers are set to tout production at their biggest annual showcase, as new orders slow, while shareholders will focus on deliveries. (WSJ)

Keep up with the important business, economic and political stories in the coming days with the FT’s Week Ahead.

What we’re reading

Let’s take a cue from the manterrupters
Lucy Kellaway on the timeless art of interrupting — and why women should do it as often as men do: “Not only does interrupting make things snappier, it keeps everyone on their toes; fear of losing the floor forces you to make your point more briefly.” (FT)

Blackstone’s multiple problems
The private equity firm’s asset base has quadrupled in a decade to nearly $400bn — but co-founder Steve Schwarzman remains unsatisfied. (FT)

Where children die of tooth decay
The death of a 12-year-old from a bacterial infection caused by untreated tooth decay highlights how poor and underinsured children in the US are shut out of the dental care system. (Guardian)

The age of radical uncertainty
Wolfgang Münchau on how the financial crisis “turned what outwardly seemed a stable political and financial environment into what mathematicians and physicists would call a ‘dynamical’ system — the main characteristic of such systems is radical uncertainty”. (FT)

Power corrupts (your brain)
New research suggests that over time, leaders lose mental capacities that were essential to their rise, particularly those used to read other people. As a prime example, see former Wells Fargo chief John Stumpf’s disorientated Congressional testimony about the fake accounts scandal last year. (Atlantic)

Video of the day

The week ahead Daniel Garrahan highlights some of the big stories the FT is watching in the week ahead, including the start of Brexit negotiations, the Paris Air Show, new eurozone data for June and the second round of Italian municipal elections. (FT)


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