| Greetings, QuickTake readers! This week, a bipartisan infrastructure deal has been reached. Next stop: Congress. Plus: China's crypto crackdown could spur an exodus of miners. Stream now for free.  Biden strikes infrastructure dealPresident Joe Biden announced on Thursday a "long overdue" tentative deal on a bipartisan infrastructure plan, saying it would create millions of jobs while fulfilling a major piece of his economic agenda. "I said many times before, there's nothing our nation can't do when we decide to do it together, do it as one nation. Today is the latest example of that truth, in my view."
The package has a price tag of $1.2 trillion over eight years, according to the White House, and includes investment in roads, bridges and rail along with broadband and water systems. The bipartisan legislation is expected to move through Congress alongside a separate Democrats-only bill that would spend trillions more on what Biden called "human infrastructure" that the GOP opposes. "Let me be clear, neither side got everything they wanted in this deal," Biden said at the White House. "That's what it means to compromise and it reflects something important. It reflects consensus. The heart of democracy requires consensus." What to watch if...you followed the UEFA rainbow drama. More than a dozen EU leaders vowed to fight LGBTQ discrimination after Hungary recently OK'd legislation banning content for minors deemed to "promote homosexuality." ... you've read up on voting rights. Criticism is growing over Nicaraguan President Daniel Ortega who has been arresting opposition candidates, journalists and activists critical of his government ahead of an election. ...you can't unsee California's before-and-after drought pics. Officials in Australia say they'll resist a UNESCO recommendation to downgrade the Great Barrier Reef's World Heritage status amid climate change risks.  Episodes to binge watch nowOne question, answeredWhy is China cracking down on crypto? Bitcoin fell below $30,000 this week for the first time since January amid a push by Chinese officials to root out crypto over its speculative nature and environmental toll. Bitcoin miners are fleeing to set up operations in the U.S., Canada and Sweden.  We want to knowWhat does it take to truly feel wealthy? Not even most millionaires think they cut it. To be in the top 1% in the U.S., you need a pre-tax income of about $500,000, but the feeling itself is relative. You can spare yourself a lot of anxiety by learning this simple trick.  Our favorites of the weekWe launched a 24/7 streaming network to reinvent news with live global coverage and original shows on business, tech, politics and culture. Make sense of the biggest stories changing your business and your world. Stream now for free. | 
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