ITK Daily | June 30

Global Street Smarts.

Happy Friday.

Here’s today’s ITK Daily.

To be ITK, know this:?

"I brought my pencil... Give me something to write on, man"

ITK Summer School - Navigating today's interconnected business environment?- will help you navigate global business issues at the intersection of globalization, disruption, and politics.

ITK Summer School?lives and breathes at the intersection of globalization, disruption, and politics, home of the world's most savvy participants.

ITK Summer School?is ten 45-minute lectures that can be attended independently or as a complete course.

ITK Summer School?will focus on three buckets of learning and ten lectures:

+ A Battle for Ideas

+ America's Role in the World

+ Shaping the Future

ITK Summer School?is $75 a session or $600 for the complete course with a syllabus, supplemental reading materials, and three must-read books.

More here:?https://www.caracal.global/itk-summer-school

Class is in session starting July 11 at 9:00 am ET.

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China’s economic woes are multiplying — and Xi Jinping has no easy fix: China’s momentum to surpass the US as the world’s biggest economy may be thwarted by current dynamics.?Bloomberg

Spy fears over a Chinese corn mill led Biden to tighten US investment curbs: Rising US hostility toward China surfaces in Middle America.?Bloomberg

Japan looks to expand diplomatic corps in overseas charm offensive: Foreign ministry targets 8,000 staff but may struggle to lure recruits from the private sector.?FT

France rocked by third night of riots over police killing of teen: Al Jazeera reports some 40,000 police officers deployed across France as unrest grows following the killing of 17-year-old Nahel M.

Police shooting in France Presents New Challenge for Macron: NYT reports protests over the fatal police shooting of a teenager come as President Emmanuel Macron seeks to restore a sense of calm after his pension overhaul ignited turbulence in the streets.

Le Monde: Hundreds arrested as third night of riots rocks France

BBC: France shooting: Macron's crisis-in-waiting as riots spread

WP: France deploys 40,000 officers amid riots over police killing of teen

The Telegraph: James Cleverly calls for India and Brazil to gain permanent role at UN

The Times: James Cleverly: Give India and Japan UN security council seats

UK foreign secretary calls for expansion of UN security council: James Cleverly says global south deserves more powerful voice at top table and review needed into five permanent members’ veto.?Guardian

US considers long-range missiles to bolster Ukraine: WSJ reports President Biden has long declined to provide the advanced system, fearing escalating the fight with Russia.

WP: Mike Pence makes surprise trip to Ukraine

Russian elite brace for sweeping Kremlin investigation into Wagner rebellion: Questions are swirling about the whereabouts of a top general, and Russia’s elite are steeling themselves for a wide-ranging probe into the mercenary uprising.?WP

What will Prigozhin’s rebellion mean??It’s probably too much to hope for Putin’s downfall, but his telling the truth about Ukraine will matter.?Peggy Noonan

Food in France and Italy? ‘Not that great,’ Brazil’s president grouses.?WP

+ “Everything is restricted. There isn’t a tray for you to choose and take what you want,” he said during an interview with a Brazilian journalist Tuesday. “Everything is very sophisticated, and, sometimes, we don’t even know what it is.”

Can Canada make big tech pay for news??BBC

FT: Google to pull its news service from Canada

FT: US Supreme Court curbs consideration of race in university admissions

WSJ: Supreme Court rules against affirmative action

Supreme Court rejects affirmative action in college admissions: WP reports the justices held that admissions programs at Harvard and the University of North Carolina, which relied in part on race, violated the Constitution. The historic ruling will force dramatic change in how universities select students.

Supreme Court rejects affirmative action programs at Harvard and UNC: NYT reports in earlier decisions the court had endorsed taking account of race as one factor among many to promote educational diversity.

TSMC to send hundreds more workers to speed US plant construction: Nikkei reports the world's largest contract chipmaker faces delays in Arizona project as market slows.

The Chinese carmakers planning to shake up the European market: BYD, Nio, Chery, and others want to use their expertise in electric vehicles to take advantage of the continent’s coming ban on the sale of new petrol and diesel cars.?FT

Electrifying America’s macho trucks is still too hard: Lordstown's bankruptcy is a reminder that building big EVs that deliver what most US drivers want — at an affordable price — remains a big challenge.?Bloomberg

TikTok’s plan to open a retail store is bonkers. Here’s why: TikTok has plans to launch an online shop in its US app, putting it in direct competition with Shein, Amazon, and other retail behemoths.?FC

Paris celebrates its post-Brexit finance gains: FT reports the Paris region has attracted over 5,500 bankers, analysts, and other financial services employees since the United Kingdom's exit from the European Union.

The National University of Singapore has moved up to No. 8 in the QS World University Rankings 2024, becoming the first Asian school to break into the top 10.

Africa style: With freedom came fashion flair: Clothing can be transformative. This exhibition at the Brooklyn Museum transports visitors to the historical moment when nearly an entire continent shed its colonialist attire and stepped onto the world stage.?NYT

F1: Lewis Hamilton calls for car restrictions to end 'periods of dominance' by teams?BBC

Meet the ‘Bo Jackson’ of the Tour de France: Belgium’s Wout van Aert won’t win the overall race—but the powerful 28-year-old can do almost anything else on a bicycle.?Jason Gay

Enjoy the ride + plan accordingly.

-Marc?

Marc A. Ross | Chief Communications Strategist @ Caracal

Caracal produces ITK Daily.

Geopolitics is disrupting every business and industry.

Caracal is here to help.

Caracal demystifies geopolitics and then helps you talk about geopolitics.

Led by a Michigan-born and DC-based global business advocate with experience in US and UK national political campaigns, US-China commercial relations, NATO, and media engagement, Caracal is a geopolitical business communications firm specializing in global business issues at the intersection of globalization, disruption, and politics.

Caracal lives and breathes at the intersection of globalization, disruption, and politics, home of the world's most savvy participants.

Clients are Chief Communications Officers and executives responsible for corporate affairs, public affairs, and communications who rely on Caracal for help navigating today's interconnected business environment with intelligence, strategy, and engagement.

Caracal believes that to be a world-class geopolitical business communicator, you need global street smarts coupled with holistic, high-frequency, and high-low communications.?

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