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   Your Wednesday Briefing
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   The E.U. agrees to cut gas use.
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             July 27, 2022
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             By
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              Amelia Nierenberg
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             Writer, Briefings
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             Good morning. We’re covering an energy deal in Europe and I.M.F. warnings of a looming global recession.
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                  E.U. officials agreed on a deal that encourages members to cut gas consumption by 15 percent.
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                 <span style="margin:0;font:normal 11px georgia,serif;padding-left:5px;color:#888;letter-spacing:.01em">
                  Johanna Geron/Reuters
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             E.U. agrees to cut gas use
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             European Union energy ministers reached a deal yesterday to
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              reduce their natural gas consumption by 15 percent
             </a>
             , an effort to blunt Moscow’s ability to use energy as leverage.
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             The deal is initially voluntary, and some member countries are exempt. Nations will have to agree that there’s a broader energy supply emergency to make the measures mandatory.
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            <p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">
             Still, the quick compromise signified an important step in managing the E.U.’s dependency on Russia. It is intended to avert an energy meltdown as the Kremlin tries to punish Europe for its support of Ukraine.
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            <p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">
             The agreement came less than 24 hours after the Russian gas company Gazprom said that it would further reduce the amount of natural gas it sends to Germany through the Nord Stream 1 pipeline. Russian gas, which supplies 40 percent of the E.U.’s consumption, was less than one-third the normal average in June.
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              Germany:
             </span>
             The E.U.’s largest economy is turning to liquefied natural gas, which it had once disregarded, to keep warm through the winter.
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             <span style="font-weight:700;font-size:inherit">
              Space:
             </span>
             Russia said it would
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              leave the International Space Station
             </a>
             after 2024, a potential end to two decades of space cooperation with the U.S.
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              Diplomacy:
             </span>
             Lawyers for the U.S. basketball star Brittney Griner
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              made a case for leniency
             </a>
             yesterday. Griner, who is detained in Russia on drug charges, may testify today. In Britain, the Foreign Office
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              froze the assets of a blogger
             </a>
             yesterday for his pro-Kremlin propaganda.
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                <img class="css-17i7zb3 e1aggfhi0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nyt.com%252Fimages%252F2022%252F07%252F26%252Fbusiness%252F27ambriefing-recession-July%252Fmerlin_210485718_c0b68d10-71d6-4404-9af5-79ea4a1521f5-articleLarge.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSJ9:1oGZAZ:5oje5PD3h_ifglI1Su3oIKgLPRxjfiSxC1wf7JeEysQ" style="width:83%;max-width:500px;display:inline-block;height:auto;padding-top:15px;padding-bottom:0;line-height:0"/>
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                 <span class="css-2zlgwg e1aggfhi3" style="margin:0;font:normal 12px georgia,serif;color:#666">
                  Global inflation is rising more rapidly and broadly than the I.M.F. anticipated earlier this year.
                 </span>
                 <span style="margin:0;font:normal 11px georgia,serif;padding-left:5px;color:#888;letter-spacing:.01em">
                  Diego Ibarra Sanchez for The New York Times
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             An imminent global recession?
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             The International Monetary Fund said the world could be
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              on the brink of a recession
             </a>
             .
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             The economies of the U.S., China and Europe have slowed more sharply than anticipated, the group said in a new report. It said that the probability of a recession starting in one of the Group of 7 advanced economies was now nearly 15 percent, four times its usual level.
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             Global economic prospects have darkened amid war in Ukraine, inflation and a resurgent pandemic. If the threats continue to intensify, the world economy will face one of its weakest years since 1970, a period of intense global stagflation.
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              Growth:
             </span>
             The I.M.F. downgraded global forecasts from its April projections, predicting that output would fall from 6.1 percent last year to 3.2 percent this year. Growth is expected to slow even further in 2023 as central banks raise interest rates to tame inflation.
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              Inflation:
             </span>
             The I.M.F. expects prices to rise 6.6 percent in rich countries and 9.5 percent in emerging markets and developing economies.
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              The U.S.:
             </span>
             The Fed is
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              expected to raise interest rates
             </a>
             by three-quarters of a percentage point today. The I.M.F. said some indicators suggested that the U.S. was in a “technical” recession, though
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              economists say the country doesn’t meet the formal definition
             </a>
             .
            </p>
           </td>
          </tr>
         </tbody>
        </table>
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                <img class="css-17i7zb3 e1aggfhi0" src="https://inboxflows.com/_/image/https%253A%252F%252Fstatic01.nyt.com%252Fimages%252F2022%252F07%252F25%252Fworld%252F27ambriefing-Tunisia-July%252Fmerlin_210585231_e0a6393f-e23c-498d-8424-d941a0df7f2b-articleLarge.jpg/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZzdGF0aWMwMS5ueSJ9:1oGZAZ:5oje5PD3h_ifglI1Su3oIKgLPRxjfiSxC1wf7JeEysQ" style="width:83%;max-width:500px;display:inline-block;height:auto;padding-top:15px;padding-bottom:0;line-height:0"/>
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                 <span class="css-2zlgwg e1aggfhi3" style="margin:0;font:normal 12px georgia,serif;color:#666">
                  Most major political parties in Tunisia urged supporters to boycott the Constitutional referendum.
                 </span>
                 <span style="margin:0;font:normal 11px georgia,serif;padding-left:5px;color:#888;letter-spacing:.01em">
                  Zoubeir Souissi/Reuters
                 </span>
                </span>
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            <h2 style="color:#000;font:700 24px/31px nyt-cheltenham,georgia,serif;margin:0 0 10px">
             A new Constitution in Tunisia
            </h2>
           </td>
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            <p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">
             Tunisians have
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              approved a new Constitution
             </a>
             that cements the one-man rule instituted by President Kais Saied, according to the results
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              of a referendum on Monday
             </a>
             .
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            <p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">
             The referendum could spell the end of a young democracy. The Arab Spring uprisings began in Tunisia more than a decade ago. At the time, the country was internationally lauded as
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              the only democracy to survive
             </a>
             the revolts.
            </p>
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            <p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">
             But in the years since, many Tunisians have come to view the government as
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              corrupt and inadequate
             </a>
             . In 2019, frustration with political paralysis and economic devastation led many to look to Saied, a political outsider at the time. That same anger drove some voters to vote yes on the referendum this week.
            </p>
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            <p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">
             “If you tell me about democracy or human rights and all that stuff, we haven’t seen any of it in the last 10 years,” a 50-year-old bank employee said. He said he did not mind the Constitution’s concentration of powers in the hands of the president. “A boat needs one captain,” he said. “Personally, I need one captain.”
            </p>
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            <p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">
             <span style="font-weight:700;font-size:inherit">
              Context:
             </span>
             The
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              Constitution
             </a>
             was approved by 94.6 percent of voters, according to the results released yesterday. But most major parties boycotted the vote to avoid lending it greater legitimacy.
            </p>
           </td>
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            <p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">
             <span style="font-weight:700;font-size:inherit">
              Background:
             </span>
             Saied
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
              suspended Parliament
             </a>
             and fired his prime minister a year ago, effectively giving himself almost absolute power.
            </p>
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            <p style="color:#333;font:normal 17px/25px georgia,serif;margin:0 0 15px">
             <span style="font-weight:700;font-size:inherit">
              Details:
             </span>
             The new Constitution demotes the Legislature and the judiciary to something more akin to civil servants. It weakens Parliament and gives the president ultimate authority to form a government, appoint judges and present laws.
            </p>
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               The parents of a 12-year-old British boy in a coma lost an appeal to keep him on life support. The case raised questions about
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               with fake electors.
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             Many Americans dream of owning homes in California. Some are
             <a class="css-5nb5nb et1n85g0" style="color:#286ed0;-webkit-text-decoration:underline;text-decoration:underline;font-family:inherit;font-size:inherit">
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             David Trimble helped broker peace in Northern Ireland with the Good Friday pact of 1998 and went on to receive a Nobel Peace Prize.
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              He died at 77
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             .
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             The Booker Prizes
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             American authors
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              dominate the list of Booker Prize nominees
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             this year: Six of the 13 writers competing for the prestigious literary award are from the U.S.
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             Until 2014, the prize was only open to authors from Britain, Ireland, the
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              Commonwealth
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             and Zimbabwe. Since eligibility was expanded to include authors of any nationality, Britain’s literary establishment has regularly agonized over the dominance of American authors.
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             This year’s list is likely to reinvigorate those concerns, although the nominees also include three British and two Irish authors, as well as NoViolet Bulawayo of Zimbabwe and Shehan Karunatilaka of Sri Lanka.
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             The winning novel and its author — who will receive a prize of 50,000 pounds, or about $60,000 — will be announced on Oct. 17 at a ceremony in London.
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             For a light, summery supper, try
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              tomatoes with parmesan-olive bread crumbs
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             .
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            What to Read
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             “
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              The Golden Age
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             ” is a novel of lust and loss set in China during the Cultural Revolution.
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             The British actress Gugu Mbatha-Raw stars in “
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              Surface
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             ,” a new eight-part series from Apple TV+.
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             Here’s
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