Turkey

Turkey, Tory Party, Google Assistant, Joe Biden, FC Cincinnati

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Turkey, Tory Party, Google Assistant, Joe Biden, FC Cincinnati

Caracal Global Daily
April 1, 2019
Curation and commentary from 
Marc A. Ross

Reporting from Alexandria, Virginia 

Caracal Global Daily  = News + Analysis at the Intersection of Globalization + Disruption + Politics


TOP FIVE

✔️ Erdogan set to lose control of Turkey’s two biggest cities

✔️ Will Germany become the world's largest market for medicinal cannabis?

✔️ Biden defends behavior with women

✔️ Anti-fur sentiment grows

✔️ FC Cincinnati pull in crowds

ROSS RANT

Thought leadership: Introverts wanted

Here's the big idea = Going forward, thought leadership and idea amplification is the process to shape globalization, disruption, and politics.

From my experience, most people over-index on tactics and vanity metrics and fail on strategy and organization.

From my experience, not engaging, not sharing, not playing doesn't make the difference.

If you want to start a business, win a campaign, or change a culture you can't do it from the sidelines.

Like the lottery, you got to be in it to win it.

Just this week, rising Democrat star and potential national candidate Stacey Abrams on The View told the audience, "I am an introvert. I don't like public stuff."

Imagine that.

An introvert.

A leader who has served as Minority Leader of the Georgia House of Representatives was her party's nominee in the 2018 Georgia gubernatorial election, and in February 2019, she became the first African-American woman to deliver a response to the State of the Union address.

Imagine that.

An introvert.

Abrams went on to tell the audience she is self-aware, recognizes the fear, and take steps to "hack opportunity."

She closed powerfully by saying, "In politics, they will never elect you if they never hear from you. You can't secretly run for president, or governor, or school board."

A good reminder from even one of the most talented politicians amongst us - You got to be in it to win it.
 

GLOBALIZATION

Turkey elections loosen Erdogan’s grip on power: WSJ reports, the party of President Recep Tayyip Erdogan appeared to have lost the mayoral race in its historical bastion, Istanbul, a stinging setback for a leader who has towered over Turkish politics for the past 16 years.

Erdogan set to lose control of Turkey’s two biggest cities: FT reports, local election results signal major setback as voters punish president in Ankara and Istanbul.

Soft Brexit will shatter Tory party, May warned: The Times reports, Theresa May’s cabinet is the “most ill-disciplined in British political history”, the Conservative chief whip has admitted. The stark declaration by Julian Smith came as the prime minister was warned she faced a split in her party if she pursues a “soft” Brexit this week.

Britain will be on track to Brexit on May 22 if the House of Commons votes tonight for a permanent customs union, a European negotiator has said. 

Jean-Claude Juncker warns EU's patience 'running out' over Brexit: DW reports, the United Kingdom has yet to agree on a path forward regarding its departure from the European Union. European Commission President Jean-Claude Juncker is starting to get fed up with Britain's approach to Brexit.

China purchases could undercut Trump’s larger trade goal: NYT reports, a trade deal could result in China promising to buy hundreds of billions of dollars of American products. But that could potentially make U.S. industries even more beholden to the Chinese.

Trump presses allies to confront China over Uighurs: FT reports, diplomatic mission coincides with resumption of trade talks in Washington.

China's Xi says West has long-term economic, military superiority: Reuters reports, leading party theoretical journal Qiushi, which means “Seeking Truth”, published lengthy excerpts for the first time from a speech Xi gave in early 2013 shortly after becoming party boss, warning of the dangers the party faces. Citing Marx and Engels, Xi said socialism would inevitably vanquish capitalism, but that it would be a long historical process. China practices what it calls socialism with Chinese characteristics.

Chinese officials issue stark warning about South China Sea confrontation: SMH reports, China has warned it may take “more countermeasures” against United States patrols in the South China Sea, as tensions worsen in a potential military flashpoint between the two major powers. Two senior Chinese officials intervened in an academic discussion at the Boao Forum for Asia on Friday to air China’s grievances against the United States' freedom of navigation patrols near islands claimed by China in the contested waterways.

Bloomberg: Trump’s sale of F-16 jets to Taiwan is making China nervous

The US may finally sell Taiwan the warplanes it has sought for more than a decade to defend against China. Their arrival would deal more of a political shock than a military blow to Beijing.

AFP: New Zealand PM touts 'important' China ties amid Huawei spat

Japan snubs China at dawn of new imperial era
: The Times reports, Japan revealed the name of the country’s new imperial era today, with a choice that reflects the nationalist pride of its prime minister, Shinzo Abe, and its tense relations with China. Yoshihide Suga, the chief cabinet secretary, announced the name Reiwa, meaning “Auspicious Harmony”, on national television. The new name will succeed that of the current era, Heisei, or “Abounding Peace”, when Emperor Akihito abdicates in favor of his son, Crown Prince Naruhito, at the end of this month.

Reiwa: Japan reveals name of new era ahead of Emperor's abdication: Japan Times reports, the new era will be the 248th in the history of Japan, which has used the Chinese-style system for indicating the year since 645. In modern times, each era has run the length of an emperor’s reign. This is said to be the first time that the characters chosen were drawn from Japanese classical literature, with prior era names, or gengō, having used kanji from Chinese literature. The poem from which they are taken describes an ume Japanese apricot flower in full bloom in early spring after surviving a cold winter. The new era will start on May 1, when Crown Prince Naruhito ascends to the Chrysanthemum Throne following the abdication of his father, Emperor Akihito, a day earlier.

@REIWA: 70 percent of traffic to http://reiwa.com  today were from people in Japan, mistaking the real estate portal for their country’s new imperial era. #reiwa

Support for Volodymyr Zelensky surges in Ukraine poll: FT reports, TV comedian with no political experience poised to face Petro Poroshenko in run-off.

The Times: Comic Volodymyr Zelensky rides a wave of voter anger to top Ukrainian presidential poll

The first and second-placed candidates will contest a run-off vote on April 21.

Trump, Putin and a possible ‘red-line moment’ in Venezuela: NYT reports, during his presidential campaign, Donald Trump often complained about how President Obama drew red lines that he never enforced. Trump is now facing his own red-line moment, our correspondent writes in an analysis.

@AP: BREAKING: Venezuelan President Nicolas Maduro announces 30-day plan to ration electricity as nationwide power cuts continue.

DISRUPTION

When it comes to disclosing sponsors, your Google Assistant may be mute: Reuters reports, as voice-enabled speakers become mainstream, tech companies grapple with how to deliver greater convenience while still generating the ad revenue that traditionally has funded free searches.

Will Germany become the world's largest market for medicinal cannabis? DW reports, the use of medicinal cannabis has been allowed in Germany for two years now. But because domestic cultivation hasn't gotten off the ground yet, the plant has been imported, mainly from Canada. That might change soon.

Lego helping revive memories: BBC reports, you might think it is child's play - but plastic bricks are being credited with reviving memories in elderly care home residents in Manchester. Lego therapy is helping people to rediscover communication skills and encourage them to socialize.

POLITICS

Biden defends behavior with women, says he never believed he acted inappropriately: LAT reports, after accusations of an unwelcome kiss and touching, former Vice President Joe Biden says it was “never my intention” to cause discomfort or offense.

Joe Biden’s affectionate, physical style with women comes under scrutiny: WP reports, the appropriateness of the former vice president’s physical behavior is being questioned after a Democratic politician wrote a viral Internet post describing an alleged 2014 encounter that left her offended and uncomfortable.

Pete Buttigieg, the South Bend Indiana mayor whose stock and poll numbers have risen in the last weeks following a breakout performance in a CNN town hall, will report more than $7 million raised in the first quarter for his presidential bid.

COMMERCE

Zuckerberg’s call for more tech rules fails to impress: FT reports, Facebook chief calls for updated internet regulations as political pressure mounts.

Johnson & Johnson's baby shampoo samples fail Indian quality test; company rejects findings: Reuters reports, Johnson & Johnson's baby shampoo samples failed quality tests conducted by the northwestern Indian state of Rajasthan, according to a public notice from the state's drugs watchdog, findings that were rejected by the US drugmaker.

PSA Group and Fiat Chrysler explore European venture: Bloomberg reports, the French carmaker and its Italian-American peer have been holding preliminary discussions to collaborate on a “super platform” -- the basic underpinning of a car model -- to reduce their investment costs in the highly competitive region, said the people who asked not to be named as the matter is private. Preliminary talks could be announced by the end of the first half, one of the people said.

CULTURE

As anti-fur sentiment grows, California’s oldest trappers are calling it quits: LAT reports, "Trapping is a dead hose in California and there isn't a dad gum thing we can do about it," the president of the California chapter of the National Trapper's Association said recently.

SPORT

FC Cincinnati pulls in crowds as MLS continues its knack for expansion: The Guardian reports, the Orange and Blue are the latest expansion team to become a success with fans. Perhaps we shouldn’t be surprised. While Atlanta’s rise was somewhat unexpected, Cincinnati has long been hailed as a cradle of soccer in North America. Some put that down to the city’s German heritage. Others simply point to a well-run USL outfit which harnessed the local soccer community, attracting huge crowds to Nippert Stadium, years before MLS entry. Whatever the reason, MLS in Cincinnati feels right.

Turkey, Brexit, Mittelstand, Helmsman, Zucktown, LeBron James, Alliance of American Football || Marc Ross Daily

Marc Ross Daily.png

Turkey, Brexit, Mittelstand, Helmsman, Zucktown, LeBron James, Alliance of American Football

Marc Ross Daily
March 21, 2018
Curation and commentary from Marc A. Ross

Reporting from Alexandria, Virginia

Marc Ross Daily  = Global Business News at the Intersection of Politics + Policy + Profits

Subscribe here
https://goo.gl/bSQKwA

TOP FIVE

✔️ Turkey is on a rampage

✔️ UK and EU agree terms for Brexit transition period

✔️ German Mittelstand faces generational crisis

✔️ China’s new ‘helmsman’ offers a strident nationalist message

✔️ Welcome to Zucktown.

ROSS RANT

Trump’s economic nationalism and mercantilism is gaining steam: Trump’s economic nationalism and mercantilism are gaining support with voters.

He has already added hefty tariffs on aluminum and steel imports, and reports indicate that by the end of the week he is setting his sights on China, a campaign trail favorite. 

With his move to block the takeover of an American chipmaker by a Singaporean rival, because of fears of Chinese technology leadership, Trump is poised to act against China over its theft of intellectual property and its trade surplus by adding billions in tariffs to Chinese made products.

Such moves are winning support with American voters, and it is hard to see how this rhetoric doesn't shape the 2018 and 2020 elections. 

Being tough on China makes American voters feel good. 

GEOECONOMICS

Turkey is on a rampage: President Recep Tayyip Erdogan vowed Monday to send his invasion forces on from formerly Kurdish-held Afrin, Syria, toward the city of Manbij, where American troops are deployed in support of Kurdish fighters.

Turkey threatens to attack Syrian town held by US troops: Military.com reports, Turkey renewed threats Monday to attack a town in northeastern Syria where a small contingent of U.S. troops is based, raising the stunning possibility of a clash between NATO allies. 

BBC: The UK and EU agree terms for Brexit transition period

The UK and EU have agreed on a "large part" of the agreement that will lead to the "orderly withdrawal" of the UK.

The Times: Business hails breakthrough transition deal over Brexit

German Mittelstand faces generational crisis: FT reports, about 100,000 entrepreneurs due to retire in next 2 years yet to find successors.

African trade: Heads of state gather in Kigali today to sign Africa’s most ambitious integration initiative, the Continental Free-Trade Area, potentially involving all 55 of its countries. Few doubt the necessity. African states trade twice as much with Europe as with each other; an African firm selling goods on the continent faces an average levy of 8.7%, compared with 2.5% overseas. The aim of the CFTA is gradually to eliminate tariffs on 90% of products, potentially doubling intra-African trade.

In NAFTA talks, US tries to limit junk food warning labels: NYT reports, a Trump administration proposal would limit the ability of Mexico, Canada and the U.S. to warn consumers about the dangers of foods linked to obesity.

China vows to open its markets further in response to Trump’s tariff threats: WP reports, China responded to the threat of new tariffs from the United States by vowing Tuesday to further open its own markets to foreign trade and investment, while warning that a trade war between the two nations would hurt both sides.

"If the Trump administration follows through with plans to impose $60 billion worth of tariffs on Chinese imports, it could negate more than 20 percent of the annual benefits of the recently-enacted Tax Cuts and Jobs Act (TCJA)." -- Tax Foundation

WP: Can Trump’s tariffs keep China from becoming the global technology leader?

No.

China’s new ‘helmsman’ offers a strident nationalist message: NYT reports, Xi Jinping, closing out a legislative meeting that took on the trappings of an extended coronation, struck a stridently nationalist note on Tuesday as he warned against challenges to China over Taiwan, Hong Kong or other regions where Beijing’s claims to sovereignty are contested. “All maneuvers and tricks to split the motherland are sure to fail,” Mr. Xi said. “Not one inch of the territory of the great motherland can be carved off from China.”

At G-20, Trump team shows no sign of backing off ‘America First’: WP reports, the US treasury secretary told global finance ministers Tuesday that the Trump administration would press ahead with a range of trade restrictions on numerous US allies, rebuffing calls to scale back the White House’s protectionist agenda despite intensifying resistance and threats of retaliation.

World economic leaders warn of trade war as Mnuchin defends policies: NYT reports, Trump’s plan to hit other countries with stiff tariffs on imports of steel and aluminum dominated a two-day gathering of global economic leaders, with foreign policymakers warning that the United States is on the cusp of triggering an international trade war as it put its “America First” policy into action.

FT - Shawn Donnan: Trump is about to launch a trade war with no way out: President believes he can prevail over China but seems to lack an exit strategy. https://goo.gl/3Ac7Wd

US 'shouting’ at China risks a spiraling trade war, Lew says: Bloomberg reports, the US should engage China on trade instead of having a “shouting match,” former US Treasury Secretary Jacob J. Lew said. “Conflict isn’t going to resolve a lot of those issues,” Lew said Wednesday in a Bloomberg Television interview from Beijing. There’s a risk that the rhetoric could spiral out of control into more serious conflict, and the US should work toward better outcomes instead of being an outlier on global trade, he said. 

AMERICAN POLITICS

WP: Bannon oversaw Cambridge Analytica’s collection of Facebook data, according to former employee

WP - Richard Cohen: Stormy Daniels — not Robert Mueller — might spell Trump’s doom

How Trump’s protectionism backfires: NYT reports, Trump’s tariffs on steel and aluminum imports, designed to protect blue-collar workers, could instead undermine their livelihood. https://goo.gl/vPjHCN

Trump would demolish Kasich head-to-head in Ohio, according to a new poll: If the Republican presidential primary were held today, 62 percent of the Republicans polled would vote for Trump. Only 27 percent would vote for Kasich. 

ENTERPRISE

Skift: Alipay steps up push to cater to Chinese travelers in the US

Geely will target new-energy vehicles for 90 percent of total sales by 2020.

Amazon just passed Alphabet to become the world's second most valuable company.

NYT: Google pledges $300 million to clean up false news

Google’s campaign, which was announced at an event in New York on Tuesday, will be known as the Google News Initiative. Among the initiative’s goals are making it easier for Google users to subscribe to news publications, and giving publishers new tools to create fast-loading mobile pages. 

Facebook under fire: The social media company is struggling to respond to growing demands from Washington and European capitals to explain how millions of its users' personal data could be exploited by a consulting firm that allegedly helped Trump win the presidency.

FTC investigates "whether Facebook violated terms of a 2011 consent decree over its handling of personal user data." 

Welcome to Zucktown. Where everything is just zucky. In Menlo Park, Calif., Facebook is building a real community and testing the proposition: Do people love tech companies so much they will live inside them? https://goo.gl/Mt9P2i

Chipotle just snagged another former Taco Bell exec. Chris Brandt, Chipotle's new CMO, starts next month.

TRENDS

Gen Z is fleeing social, but marketers can get them back: Thirty-four percent of Generation Z in the US are quitting social media for good, 64% are putting their use on hold, and 41% report that social platforms make them feel depressed, anxious or sad, per Origin.

Chinese insurer stages blockchain chicken coup: FT reports, ZhongAn says use of ledger tech to track poultry can help improve country’s food safety.

FC: People were asked to name women tech leaders. They said “Alexa” and “Siri” https://goo.gl/irfj3h

12 things everyone should understand about tech https://goo.gl/YhMM6s

CULTURE

RIP Pete Peterson: Pete Peterson, co-founder of the Blackstone Group and former commerce secretary under Richard Nixon, passed away Tuesday at the age of 91. 

Black Panther is the most tweeted-about movie ever, Variety writes. It's been mentioned on the platform over 35 million times.

Damian Lewis on why Billions is "like a superhero show": When Billions returns for its third season, Damian Lewis ' Bobby Axelrod is in a very unfamiliar place: Under indictment, separated from his wife, and banished from the hedge fund company that bears his name. "It's a fun trajectory for the character," he says. https://goo.gl/teynzs

SOTD

Emmit Fenn - Lost In Space https://goo.gl/WrgpU3

SPORT

Alliance of American Football to kick off after Super Bowl: WP reports, A whole new football season will start right after the next Super Bowl. A spring professional league, the Alliance of American Football, will kick off its inaugural regular season Feb. 9, 2019, and will include a modest broadcast deal with CBS, league executives announced Tuesday.

Ebersol cooks up a spring football league to rival the XFL: AdAge reports, speaking to the press Tuesday morning from the Park Hyatt hotel in Manhattan, Ebersol and former Buffalo Bills GM and Indianapolis Colts President Bill Polian took the wraps off their blueprint for the AAF, a new spring football league that's slated to debut on Feb. 8, 2019—the Saturday following CBS's coverage of Super Bowl LIII

How LeBron James fixed his back and is on track to play all 82 games https://goo.gl/86jp9y