Good morning, Quartz readers!
What to watch for today
India’s prime minister goes island hopping. Narendra Modi will begin a tour through Sri Lanka, the Maldives, Mauritius, and the Seychelles, offering governments there both military and civilian assistance. The visit to Sri Lanka will be the first by an Indian prime minister in nearly three decades.
Sina struggles. The Chinese internet company is expected to post a sharp drop in earnings. Its once-popular microblogging service Weibo has fallen behind rival chat app WeChat, especially in the wake of a government crackdown on dissent.
While you were sleeping
An eco-terrorist threat to New Zealand’s milk supply. An anonymous letter addressed to Fonterra, the world’s biggest dairy company, threatened to contaminate New Zealand’s infant formula supply with a toxic pesticide called 1080, unless New Zealand stops using it by the end of the month. The country sprays 1080 to kill invasive possums and rats that are threatening the country’s natural fauna with extinction.
Credit Suisse picked a new CEO. The Swiss bank has chosen Tidjane Thiam, currently the head of UK insurer Prudential, to replace its current chief Brady Dougan after eight years at the top. Thiam, the first black CEO of a FTSE 100 company, will be only the second non-Swiss head of the bank.
French industrial data got a surprise bump. Industrial output rose 0.4% in January, compared with an expected 0.4% drop. That’s the first time in over half a year that the volatile measure rose for two consecutive months, and follows a positive surprise from Germany earlier this week.
Chinese inflation picked up. Consumer prices rose by 1.4% in February due to an upswing in the cost of fruits and vegetables. But producer price deflation deepened, with factory gate prices falling 4.8%from a year earlier, underscoring the pressure on economic policymakers and corporate profit margins.
Quartz obsession interlude
Hanna Kozlowska on the non-believers. “Americans excel at denial. Take climate change. There’s overwhelming scientific evidence that human activity has accelerated climate change. But a staggering 52% of the population agreed with the statement ‘The climate change we are currently seeing is a natural phenomenon that happens from time to time,’ in a global poll published last year. It comes as little surprise, then, that some of the country’s officials have successfully pretended that human-induced climate change does not exist.” Read more here.
Matters of debate
The euro zone is killing itself slowly. The monetary union that was meant to pull the continent together is tearing it apart.
Murderers are both born and made. A warrior gene makes some men more likely to kill, but childhood trauma also plays a role.
Surprising discoveries
Our best wishes for a productive day. Please send any news, comments, Kanye oxygen, and Ghostbuster sequel ideas to hi@qz.com. You can follow us on Twitter here for updates throughout the day.
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