ITK Daily | November 18

ITK Daily | November 18

Happy Friday.

Here’s today’s ITK Daily.

To be ITK, know this:

Insights | What is your communications doctrine?

A communications doctrine is a central idea that guides your efforts, essentially your ethos of communicating.

A communications doctrine influences your strategy, tactics, organization, consistency, shared know-how, or STOCK.

Full post here.

Inside the US scramble to run down the facts as the Russia-Ukraine war spills into NATO territory CNN

+ Top NATO officials say the missile was likely a Soviet-made weapon fired by a Ukrainian air-defense system, adding there’s no evidence it was aimed at Poland.

Rishi Sunak spies Britain’s future — in the Indo-Pacific: New UK prime minister pushes ahead with foreign policy ’tilt’ toward Asia. Politico

If China invaded Taiwan, what would Europe do? The UK and other allies would have valuable supporting roles in a Pacific crisis, first by taking responsibility for their own security. Hal Brands

‘Nuclear confrontation’: Macron hits out at Morrison over submarines: French President Emmanuel Macron has reignited his feud with Scott Morrison, accusing the former prime minister of entering a “nuclear confrontation” with China by seeking to acquire nuclear-powered submarines under the AUKUS pact. SMH

Australia’s defense dilemma: Projecting force or provoking China? The country is boosting military spending, strengthening alliances, and demanding a seat at the ‘big table’ of global affairs. FT

Australia’s China syndrome: One big lie distorts our expectations: It did not take long for the argument over China to slide into stale disputes over who should gain the glory from this week’s meeting between Prime Minister Anthony Albanese and Chinese President Xi Jinping. David Crowe

SCMP: Japanese foreign minister set to visit China after Xi Jinping and Fumio Kishida vow to work to develop relationship

+ Kishida says both sides will work to arrange Yoshimasa Hayashi’s visit but adds he raised ‘serious concerns’ in his first meeting with Xi as prime minister

+ Xi earlier said the importance of the relationship between the two countries ‘had not changed and will not change’

Japan and China affirm stable ties during first summit in three years: Nikkei reports Kishida urges Xi to forge 'constructive' relationship, raises Taiwan concerns.

Rishi Sunak budget seeks to stabilize UK economy rattled by Liz Truss WP

+ Unveiling the five-year plan, Britain’s new finance minister, Chancellor of the Exchequer Jeremy Hunt, warned that Britain faced a global “economic storm,” with soaring energy and food prices coupled with the highest inflation rate — 11.1 percent last month — in more than 40 years.

+ Hunt acknowledged that the $65 billion package — half of it in new taxes and the other half spending cuts — would be painful and felt by ordinary citizens.

Facing recession, UK outlines billions in tax increases and spending cuts: The government is betting that the plan will put public finances back on sound footing but acknowledges that the measures are likely to deepen the economic misery for Britons. NYT

The Times: Jeremy Hunt raises tax to highest level since the war

Politico: UK faces collapse in living standards as inflation, borrowing costs and energy bills soar

AFP: Boris Johnson on post-PM earnings spree in US

+ The former prime minister was paid more than $325,000 for just one speech at a US insurance industry event, according to an updated list of British MPs' register of interests released Thursday.

+ Johnson used his newfound freedom to address the Council of Insurance Agents and Brokers in Colorado Springs on October 14.

WP: Pelosi to step down as top House Democrat

NYT: Nancy Pelosi says a ‘new generation’ will lead House Democrats

Pelosi won’t seek to remain party leader in wake of Democrats’ loss of House: WSJ reports Nancy Pelosi, the first woman to serve as House speaker, said she won’t seek to stay Democratic leader after her party lost control of the House in the midterms but would continue to serve in Congress. Caucus Chairman Hakeem Jeffries has been seen as the front-runner to lead the party.

+ @tarapalmeri: On the House floor at noon, Pelosi will say in a speech crafted in part by Jon Meacham that she intends to pass the torch to the next generation of leadership but will stay on as a backbencher to help guide future leader Hakeem Jeffries

+ @Drew_Hammill: I don't know who reads @PuckNews let alone pays for it, but I wanted to get ahead of @tarapalmeri's latest typo-ridden Pelosi scoop to let everyone know that it's complete trash just like the last ones. That's all.

Remember kids, DC is like high school but with access to nuclear weapons.

+ “History will note she is the most consequential Speaker of the House of Representatives in our history.” -- President Biden, in a statement on Speaker Nancy Pelosi stepping down

LA Mayor: Karen Bass, a veteran Democratic congresswoman, defeated the billionaire businessman Rick Caruso to become the first woman elected as mayor of Los Angeles.

Anti-corporate sentiment in US is now widespread in both parties Pew

+ Overall, Americans view small businesses much more positively than the eight other institutions included in the survey. Eight-in-ten adults say small businesses have a positive effect on the way things are going in the country.

Congress took millions from FTX . Now lawmakers face a crypto reckoning. WP reports the stunning collapse of the world’s third-largest exchange has forced politicians to grapple with the costs of legislative inaction.

GOP plans to punish ‘woke’ Wall Street: Politico reports that GOP lawmakers are singling out major asset managers as likely targets because of climate investing practices they see as hostile to oil, gas, and coal.

Flashback: K Street Project

Zeldin moves closer to bid for GOP chair: Politico reports the New York congressman says he is "very seriously considering" vying for leadership of the party.

So, at the start of the pandemic, I said tell me when Taylor Swift goes back on tour and I will tell you when we are back to normal.

I called it the Taylor Swift Index (TSI).

Now, this...

Taylor Swift cancels ‘Eras Tour’ ticket sale to general public after Ticketmaster glitches: WSJ reports the presale for the pop star’s first tour in five years saw historic demand, overwhelming ticketing systems and leaving few available seats.

+ Tickets are hitting $28,000 on the secondary market.

AP: Exec who cleaned up Enron calls FTX mess ‘unprecedented’

+ Sam Bankman-Fried, the founder of FTX, received a $1 billion personal loan from the company’s hedge fund subsidiary, bankruptcy filings have revealed.

FDA gives first safety sign-off for company selling lab-grown meat: NBC News reports to sell its products to the public, UPSIDE Foods still needs to get approval from the FDA and the Agriculture Department's Food Safety and Inspection Service.

+ Singapore is the only place on Earth that permits the commercial sale of laboratory-grown meat.

FT: 通用汽车 predicts profits from EV business in 2025

+ Largest US carmaker signs nickel deal with miner Vale in race to secure battery materials

SUV of the year:

Cadillac Lyriq

Genesis GV60

Kia EV6

Truck of the year:

Chevrolet Silverado ZR2

Lordstown Motors Endurance

Ford F-150 Lightning

Car of the year:

Acura Integra

Genesis G80 EV

Nissan Z

+ EVs dominate the list of finalists for 2023 North American Car, Truck, and SUV like never before, holding six of the nine spots

As Silicon Valley companies like Meta and Twitter lay off employees, TikTok is moving to scoop them up.

+ In November alone, 48k+ tech employees have been let go — many from Twitter and Meta.

Disney World plans on raising ticket prices in December. The most expensive one-day tickets for Magic Kingdom will cost $189, up from $159.

The best and worst airports of 2022: San Francisco and Sacramento top The Wall Street Journal’s rankings for large and midsize airports; Newark and LaGuardia rank last. WSJ

7 best large US airports:

SFO

ATL

MSP

DTW

PHX

LAX

IAH

7 best midsize US airports:

SMF

SAN

SJC

SAT

PDX

HNL

TPA

This is how tourism must shift to actually address climate change: A new report released during COP27 reveals that only one scenario could possibly reduce emissions in time. Bloomberg

Connection, creativity, and drama: Teen life on social media in 2022: Majorities of teens credit social media with strengthening their friendships and providing support while also noting the emotionally charged side of these platforms. Pew

+ Eight-in-ten teens say that what they see on social media makes them feel more connected to what’s going on in their friends’ lives, while 71% say it makes them feel like they have a place where they can show their creative side.

Gen Z, keep your day job. Being your own boss is hard. From self-employment taxes to isolation, entrepreneurship is tough. Plus, now workers can ask for much of what makes self-employment so appealing. Erin Lowry

Dementia rates are declining: The prevalence of dementia among Americans over age 65 declined from 12.2 percent in 2000 to 8.5 percent in 2016—nearly a one-third drop. That's according to a new RAND study.

My NFL Elite 8: Week 11

1. Chiefs

2. Eagles

3. Vikings

4. Bills

5. Ravens

6. Dolphins

7. Giants

8. Lions

DFP: 'Thundersnow' storm in Buffalo forces NFL's Bills-Browns game to Detroit Lions' Ford Field

Welcome to the Qatar World Cup. Please say nice things only. Never mind long-simmering concerns about the host. Soccer’s governing body wants participants to ‘focus on the football.’ Jason Gay

From denial to disbelief: Qatar’s 2022 World Cup is biggest sportswashing coup: Matt Dickinson goes through the five stages of grief in charting how this controversial tournament came to pass. The Times

Why Asia Inc. is rushing to sponsor the FIFA World Cup Qatar 2022 : Concerns over human rights take back seat to reaching a global audience. Nikkei

World Cup 2022: A guide to every team: Brazil, Argentina, and France enter as heavy favorites, while Germany and Spain, who have won two of the past three World Cups, are rebuilding. WSJ

+ Senegal has announced that forward Sadio Mané has been ruled out of the World Cup with a leg injury.

AFP: 'Made in China' Paris Olympics mascots disappoint French

+ Only 8% of the 'Phryges' mascots modeled on a revolutionary symbol will be manufactured in France.

The death of National Hockey League (NHL) slap shots: Why players are abandoning hockey’s signature offensive weapon The Athletic


Enjoy the ride + plan accordingly.

-Marc


Caracal produces ITK Daily.

Caracal is a geopolitical business communications firm specializing in global business issues at the intersection of globalization, disruption, and politics.

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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