Axios

Investors are again getting bullish on emerging markets, as the Fed is expected to cut interest rates and the dollar is expected to fall in value. That should mean a strong environment for EM economies to perform.

Yes, but: Things have gotten tougher for many of the world's largest emerging countries, especially Turkey, which finds itself at a major crossroads following elections in Istanbul.

The world’s biggest tech companies have found a new way for marketers to buy video ads that won’t show up next to shady user-generated content.

Why it matters: For a while, advertisers shifted digital budgets away from more expensive ads on premium publisher websites and TV, to cheaper ads at scale on tech platforms, because it was efficient, but that strategy is changing in response to problems posed by running ads against unvetted user-generated content.

Crooked Media, a progressive political media company known primarily for its "Pod Save America" podcast series, is launching a polling partnership with progressive polling firm Change Research, Axios has learned.

Why it matters: Crooked Media has traditionally focused on commentary via podcasts and op-eds, as well as events and its streaming show on HBO, and hopes the polls will provide a boost in the lead-up to the 2020 election.

BuzzFeed Chairman Ken Lerer is stepping down from his role after overseeing the viral internet publisher for over 10 years, according to sources familiar with the matter.

Why it matters: Under Lerer and CEO Jonah Peretti's leadership, BuzzFeed has grown to become one of the largest digital-native publications in the world. It's redefined online publishing as a business and has pioneered news coverage of internet culture and trends.

Top news executives tell Axios that a real "Trump slump" is hitting digital, cable and more.

Why it matters: The shock factor around President Trump's unplanned announcements, staff departures, taunting tweets and erratic behavior is wearing off, and media companies are scrambling to find their next big moneymaker.

Amid ongoing flare-ups between the U.S. and Iran, President Trump and his allies will travel this week to diplomatically engage allies on Middle East peace, North Korea’s nuclear program, U.S.–China trade and more.

Why it matters: The week's meetings present an opportunity for Trump and his team to demonstrate their ability to leverage diplomacy as a tool of American power. He’ll be taking on tough issues this week, and his administration's policies have in many ways amplified the work ahead.

Carl Icahn gambled again. And won again, given Monday's news that Eldorado Resorts agreed to buy Caesar's Entertainment for $17.3 billion (including assumed debt), or $12.75 per share in cash and stock.

Why it matters: It creates the largest owner and operator of U.S. casinos, with the combined company to retain the Caesar's brand.

The Fed delivered its first conflicted policy decision under Chair Jerome Powell last week, when St. Louis Fed president James Bullard opposed the decision to keep rates at their current 2.25%–2.50% level.

Driving the news: Minneapolis Fed president Neel Kashkari, who is not a voting member of the rate-setting committee, went further on Friday, calling for an unorthodox 50-basis-point cut to U.S. overnight interest rates immediately.