Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on the day's biggest business stories

Subscribe to Axios Closer for insights into the day’s business news and trends and why they matter

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Stay on top of the latest market trends

Subscribe to Axios Markets for the latest market trends and economic insights. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sports news worthy of your time

Binge on the stats and stories that drive the sports world with Axios Sports. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tech news worthy of your time

Get our smart take on technology from the Valley and D.C. with Axios Login. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Get the inside stories

Get an insider's guide to the new White House with Axios Sneak Peek. Sign up for free.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Axios on your phone

Get breaking news and scoops on the go with the Axios app.

Download for free.

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Denver news?

Get a daily digest of the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Des Moines news?

Get a daily digest of the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Twin Cities news?

Get a daily digest of the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Tampa Bay news?

Get a daily digest of the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Want a daily digest of the top Charlotte news?

Get a daily digest of the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Sign up for Axios NW Arkansas

Stay up-to-date on the most important and interesting stories affecting NW Arkansas, authored by local reporters

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Photo: Mikhail Metzel\TASS via Getty Images

Turkish President Recep Tayyip Erdogan traveled to Russia today to negotiate the future of northern Syria — highlighting in the process the success of his audacious offensive, Vladimir Putin’s unmatched power in Syria, and America's absence from the table.

Why it matters: American influence in Syria is evaporating in real time as U.S. troops withdraw. It's now Turkey and Russia that are effectively re-defining the country's borders and debating the fate of America's Kurdish allies.

  • The deal announced today from Putin’s retreat in Sochi expands on the ceasefire Vice President Pence announced last Thursday, which was set to expire today, and covers three times as much territory.
  • It would grant Erdogan the “buffer zone” he’s long demanded, running 20 miles out from the Turkish-Syrian border. Erdogan hopes to resettle Syrian refugees there, in apparent violation of international law.
  • The deal gives Kurdish fighters an additional 150 hours to leave the zone, and their weapons, after which Turkey and Russia will conduct joint patrols along the border.

Between the lines: Russia and the U.S. are both capitalizing on the U.S. exit from Syria. Putin will take pleasure in the fact that today's deal was reached without the U.S., but with its NATO ally.

  • The deal could complicate Syrian dictator Bashar al-Assad’s efforts to regain control over all of Syria.
  • Russia’s backing kept Assad in power through a brutal eight year civil war, but Erdogan was aiding the rebels seeking to topple him. Assad referred to Erdogan as a “thief” today in remarks carried on state TV.

The other side: Kurdish forces held the territory until their superpower ally, the U.S., suddenly withdrew.

  • A U.S. military convoy withdrawing from Syria for Iraq yesterday was pelted sporadically with fruit and stones by Kurdish civilians accusing the U.S of betrayal.
  • “We never agreed to protect the Kurds for the rest of their lives,” President Trump responded back in Washington.
  • Trump said the U.S. would keep small detachments in Syria at the request of Israel and Jordan and to “protect the oil," but there was otherwise "no reason" to remain.

The bottom line: Trump has suggested that Syria is now Russia and Turkey’s mess to sort out. In this instance, they were happy to do so without him.

Go deeper: Trump's Syria strategy — Get out, but "keep the oil"

Go deeper

Dan Primack, author of Pro Rata
15 mins ago - Podcasts

Spotify CEO Daniel Ek does a podcast on the future of podcasts

Spotify on Wednesday reported significant ad revenue growth from its podcast business, as part of its quarterly earnings disclosure.

Take a listen: Company founder and CEO Daniel Ek appeared on the Axios Re:Cap podcast to discuss how the podcast business model is changing, why he's spending big on exclusive shows and his personal favorites in both podcasting and music.

Updated 55 mins ago - Politics & Policy

Bipartisan group reaches agreement on $1.2 trillion "hard" infrastructure bill

Sens. Mitt Romney (R-Utah) and Mark Warner (D-Va.) Photo: Bill Clark/CQ-Roll Call, Inc via Getty Images.

After weeks of long nights and endless Zoom calls, a bipartisan group of senators finally reached a deal on "the major issues" in their $1.2 trillion "hard" infrastructure package, GOP senators involved in the talks announced Wednesday.

Why it matters: It could be days before the group finishes writing the bill, but the Senate can begin debating the legislation in earnest now that they have resolved the outstanding issues. The bill needs 60 votes to advance in the Senate.

After walkout, Activision Blizzard employees vow to keep fighting

Bing Guan/Bloomberg via Getty Images

Organizers of a Wednesday walkout at Activision Blizzard, the gaming company behind "Call of Duty" and "World of Warcraft," are saying the demonstration "is not a one-time event that our leaders can ignore.”

Why it matters: Within the video game industry, sweeping promises for change are often followed by a handful of half-measures that fail to solve the systematic problems that caused them.