1 big thing: The warning of Notre Dame
Notre Dame was hardly the first European gem consumed by fire, and authorities are increasingly warning that it won't be the last.
Why it matters: These civilizational achievements are also key sources of revenue in old Europe, the AP reports.
- "Tourism in Britain and France alone amounts to about 7% of their Gross Domestic Product, good for around 150 billion euros and 170 billion euros (around $170 billion and $190 billion) a year."
The big picture: "A 2015 study by the German engineering giant Siemens showed that Scotland had about 10 damaging fires a year, while England lost at least a dozen listed buildings a year. Germany has seen 70 such buildings destroyed since 2000."
- "In 1985, the tower of Luxembourg’s main cathedral caught fire and burned down."
- "In 2004, a fire in the Duchess Anna Amalia library in Weimar, Germany, caused an estimated 80 million euros ($90 million) in damage."
- "In Italy, the historic La Fenice opera house in Venice was destroyed by fire in 1996, and a year later, that happened at Turin’s Sindone Chapel of the Holy Shroud."
Between the lines: As with Notre Dame, many "fires happen during restoration work," including the Glasgow School of Art’s Mackintosh Building and Barcelona's opera house, the Gran Teatre del Liceu.
The bottom line: "As state funding dries up, governments are increasingly looking for private donors to renovate major monuments."
- "In Italy in recent years, Tod’s luxury shoes sponsored the Colosseum face-lift, while the Fendi fashion house helped the Trevi Fountain in Rome and Diesel backed improvements for the Rialto bridge in Venice."
- "Preserving the Sistine Chapel Is a Never-Ending Task. See Stunning Behind-the-Scenes Photos of What It Takes" (ArtNet)
- "Britain's Houses of Parliament are often referred to as crumbling and are scheduled to undergo renovations in the mid-2020s. The oldest part of the estate, Westminster Hall, was built in 1099 and remains in use today." (NBC)
Bonus: Pic du jour
A view of the Rialto bridge in Venice, Italy.
- National governments are increasingly looking for private donors to renovate major monuments, prompting Diesel brand to back improvements for the Rialto bridge.
2. What you missed
- Samsung is officially delaying the $2,000 foldable smartphone after some reviewers' devices failed in just days. Details.
- Herman Cain is withdrawing from consideration as a member of the Fed's Board of Governors, a week after claiming he wouldn't back down.
- The Supreme Court will hear cases on whether sexual orientation and gender identity should be protected from workplace discrimination. Go deeper.
- Social Security's costs are projected to begin exceeding its income in 2020, according to an annual report from the trustees of Social Security and Medicare. Details.
- 1 🎧 thing: Axios' Dan Primack speaks with actor Ashton Kutcher, co-founder of a nonprofit called Thorn that's using technology to eliminate the online spread of child pornography. Details.
3. 1 fun thing
Elizabeth Warren is with Daenerys, not Cersei, in the battle for the Iron Throne of Westeros, the senator revealed ahead of last night's Game of Thrones episode.
- "Dany believes fiercely in her right to rule, but she despises what ruling means in the world she’s grown up in."
- "She doesn’t want to be a slave owner or a dictator — and she definitely doesn’t want to become her murderous father."
- "She states her mission clearly in season seven: 'I’m not here to murder. All I want to destroy is the wheel that has rolled over everyone both rich and poor, to the benefit of no one but the Cersei Lannisters of the world.'"
- Meanwhile, "Cersei is a lot more honest about wielding power than most: 'I don’t care about checking my worst impulses ... I don’t care about making the world a better place. Hang the world.'"
The bottom line: 2020 candidates looking to get Game of Thrones hooks only have 4 episodes left.
P.S. Warren’s latest big 2020 idea: A $640 billion student loan debt cancellation, funded by a tax on the rich.