The price of being a GOAT | Brigadoon Daily

Brigadoon Daily
July 28, 2021


Brigadoon Daily | Exclusively for Brigadoon Members

The price of being a GOAT

Sponsored by |
Caracal

TOP FIVE


1. Wall Street gets a Chinese education

2. The blockchain is starting to live up to its potential

3. White House exploring vaccine mandate for federal employees

4. 50 years ago, NASA put a car on the moon

5. Obama joins NBA Africa as minority owner


GLOBALIZATION + STATECRAFT

Today: US and Russian diplomats will hold the first round of nuclear arms control talks of the Biden administration in Geneva, Switzerland.

+ A Russian government news agency reports that Moscow is working on two so-called doomsday planes to carry the country’s senior military and political leadership in case of a nuclear attack.

China, Afghanistan top Blinken agenda on India, Kuwait trip: AP reports the State Department said Blinken will meet with Indian Prime Minister Narendra Modi in New Delhi today before traveling to Kuwait City the next day.

‘We will not flinch’: Austin promises US will continue to bolster Taiwan’s self-defense: In Singapore, the defense secretary chides Beijing for “aggression...coercion...genocide” but says he wants a “constructive, stable relationship with China.”
DefenseOne

Today: Defense Secretary Lloyd Austin continues his tour of Southeast Asia after visiting Singapore, with further stops in Vietnam and the Philippines.

A 2nd new nuclear missile base for China, and many questions about strategy: Is China scrapping its “minimum deterrent” strategy and joining an arms race? Or is it looking to create a negotiating card, in case it is drawn into arms control negotiations?
NYT

Analysis: US, China positions ossify at entrenched Tianjin talks
Reuters

House lawmakers push for diplomatic boycott of 2022 Winter Olympics in China: The lawmakers want to boycott the Beijing games over alleged human rights abuses.
ABC News

The China model: What the country’s tech crackdown is really about: After spending years emulating Silicon Valley, the world’s second-biggest economy is now officially charting its own course.
Bloomberg

Xi cracks down on China’s education sector to assert party supremacy: A fight for ideological control and concerns about social pressures underpin effort.
FT

Wall Street gets a Chinese education: Communist Party control always trumps the needs of investors.
WSJ - Editorial

America shouldn’t compete against China with one arm tied behind its back
Robert E. Lighthizer

Axios: North and South Korea restart hotline and pledge to improve ties

Grim aftermath of Ethiopian battle offers rare clues of brutal war

Reuters

+ England is poised to reopen its borders as soon as next week by allowing fully vaccinated travelers from the EU and US to enter without the need to quarantine.

+ Nicola Sturgeon said she hoped that Scotland would go ahead with unlocking on 9 August.


Westminster voting intention:

CON: 40% (-2)
LAB: 36% (+3)
LDEM: 9% (-1)
GRN: 6% (+1)


via @RedfieldWilton, 25 July | Changes with 19 July

DISRUPTION + INNOVATION

The blockchain is starting to live up to its potential: The digital database has moved beyond cryptocurrencies and is being used in everything from health care to elections.
Aaron Brown - Bloomberg

AMERICAN POLITICS

Biden says White House exploring vaccine mandate for federal employees: WP reports such a push would mark a significant expansion of effort to vaccinate Americans as delta variant spreads.

America’s vaccination woes cannot be blamed only on politics: Economist reports surging covid infections and slow vaccinations in some states are caused by health illiteracy, not just partisanship.

Today: Biden heads to Lower Macungie Township, PA., to speak about manufacturing, jobs, and buying American.

Jan. 6 hearings open with visceral accounts of Trump supporters’ assault on police: WP reports Four police officers testified about the physical and verbal abuse they endured defending the Capitol on Jan. 6 from a mob of supporters of President Donald Trump, as a House select committee holds its first hearing on the insurrection.

+ According to a new Politico/Morning Consult poll, 58% of American voters support a congressional commission to investigate the events of Jan. 6. But that support breaks down along party lines: It’s supported by 83% of Democratic voters but just 34% of Republicans (52% outright oppose it).

Likely California voters now almost evenly split on Newsom recall, poll finds: LAT reports the poll found that 47% of likely California voters supported recalling the Democratic governor, compared with 50% who opposed removing Newsom from office — a difference just shy of the survey’s margin of error.

A political bogeyman of Silicon Valley: Tech billionaire Peter Thiel is injecting huge sums into some crucial 2022 midterm contests — and drawing fire from Republicans eager to tie their rivals to the GOP's Silicon Valley bogeymen.
Axios

+ “Thiel's $10 million infusion into a super PAC supporting the Ohio Senate bid by 'Hillbilly Elegy' author JD Vance represented his first major foray into the 2022 cycle” while drawing criticism from one of Vance’s primary opponents, former state treasurer Josh Mandel.

Inflation has arrived, but Washington isn’t racing to limit price pops: Policymakers, now more attuned to the costs of choking off growth early, are sticking by a patient approach as prices rise.
NYT

+ President Joe Biden is expected to attend the 9/11 memorial in New York City to mark the 20th anniversary of the terrorist attacks.

COMMERCE

NBCU News Group is adding hundreds of jobs to its digital organization, led by a major investment in streaming as well as in its "TODAY" show brand, executives tell Axios.

FT: Apple profit nearly doubles as iPhone sales surge

Facebook
announced it was forming a new Metaverse product group to advance its efforts to build a 3D social space using virtual and augmented reality tech.

Rise of digital yuan brings new challenges for China tech giants: Tencent and Ant Group spent a decade digitizing money and payment networks. Now the government wants a larger role.
Bloomberg

Groceries in 10 minutes: Delivery start-ups crowd city streets across globe: Venture capital’s newest darling is the online rapid grocery delivery industry. Getir, a six-year-old Turkish company, is trying to outpace its new competitors in a worldwide expansion.
NYT

SPACE + SCIENCE

50 years ago, NASA put a car on the moon: The lunar rovers of Apollo 15, 16, and 17 parked American automotive culture on the lunar surface and expanded the scientific range of the missions’ astronaut explorers.
NYT

CULTURE

Crisis PR firm tells Golden Globes group there’s only one way to save the show
LAT

What we’re never spending money on again
Maggie Lange

Is potato milk the ultimate vegan option? It’s white, milky, better for the planet – and even works in a cappuccino.
Guardian

SPORT

SBJ: Barack Obama joins NBA Africa as minority owner

How Cleveland’s ‘Guardians of Traffic’ made the big leagues: The Major League Baseball team looked to local infrastructure for inspiration, taking its new name from the sculptures on a nearby bridge. Here’s why.
Bloomberg

The ABC of ascents, bouldering, and climbing: Whether it’s summiting a local wall or conquering Alpine peaks, there’s no better way to get high.
FT

Men’s football is no longer a fit for it to remain in the Olympic Games: Strange mix of development competition and star vehicle leaves the public unsure of what it is watching.
Jonathan Liew

Simone Biles and the price of being a GOAT
Barry Svrluga

+ "The United States has produced the past four all-around champions: Carly Patterson in Athens, Nastia Liukin in Beijing, Gabby Douglas in London, and Biles in Rio de Janeiro. Notice a trend? Only Biles tried to repeat."


Enjoy the ride + plan accordingly.

-Marc

Curation and commentary by Marc A. Ross | Founder @ Brigadoon


Like this content? Sample Brigadoon Daily for a week. Drop me an email and get added to the distribution list for a week. marc@thebrigadoon.com

Make that walkabout a priority - Your imagination will thank you

Made famous in the United States by famed Australian philosopher Crocodile Dundee, a walkabout is a journey through the wilderness of one's choosing to satisfy an itch, a desire to be elsewhere, the craving for the open road, or to engage the space over the horizon.

A walkabout can be a simple bike ride to your local art museum or possibly a more adventurous cross-continental journey to the top of Mount Kilimanjaro. A walkabout can be joining the local historical society or taking a gap year to teach economics in Canada.

Regardless of the distance traveled or the actions taken, your imagination will thank you for the change of scenery.

The brain gets too comfortable in your everyday surroundings.

Same morning routine. Same office commute. Same weekly meetings. Same quarterly reports. Same yearly industry conference.

Sameness overload.

This sameness can suppress your ability to generate new ideas.

Without generating new ideas, you become a manager and not a leader.

Changing up the pace, the people, and poetry can have profound results from developing new skills and insights and your ability to generate new ideas.

You are a mashup of what you let into your life - friends, meals, music, books, art, lectures, movies, experiences, etc.

Every new idea is a mashup of one or more previous ideas, without developing new ideas, the mashup process stalls.

So make time for that walkabout.

Big or small, your imagination will thank you.

-Marc

EU plans to plant three billion trees under forestry strategy

The bloc is proposing to use the Common Agricultural Policy to set up payment schemes for the owners of woodland, while boosting the monitoring of existing forest, which makes up around two-fifths of the continent. The European Commission, the EU’s regulator, is also planning to plant 3 billion trees in an effort to absorb more CO2 from the atmosphere.
Bloomberg

jasper-graetsch-Liu4Sr8Sjag-unsplash.jpg

Brigadoon Daily | What are Jared and Ivanka up to these days?

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Brigadoon Daily
July 27, 2021


Brigadoon Daily | Exclusively for Brigadoon Members

What are Jared and Ivanka up to these days?

Sponsored by |
Caracal

TOP FIVE


1. China stocks tumble in ‘panic selling’ amid broad crackdown

2. Biden approval drops to 50%

3. Amazon is hiring a head of digital currency + blockchain

4. How TV went from David Brent to Ted Lasso

5. The internationalization of the NBA


GLOBALIZATION + STATECRAFT

US, China leave room to talk after contentious meeting: Bloomberg reports Vice Foreign Minister Xie Feng told visiting Deputy Secretary of State Wendy Sherman during a meeting Monday that the relationship was “in a stalemate and faces serious difficulties.” Xie presented the No. 2 American diplomat with two lists of demands he portrayed as necessary to stabilize ties, including “US wrongdoings that must stop” and “key individual cases that China has concerns with,” according to the official Xinhua News Agency.

+ The US and China left open the possibility of a summit between their presidents despite a contentious day of talks between officials from both sides in the city of Tianjin.

Biden’s China strategy meets resistance at the negotiating table: Washington hopes to find areas of collaboration, while also confronting Beijing on disputed issues. But talks between the two sides began with harsh words from Chinese officials.
NYT

US calls on China to be responsible power: Deputy Secretary of State Wendy Sherman, speaking in an interview with The Associated Press after talks Monday with Foreign Minister Wang Yi and Vice Foreign Minister Xie Feng, also said the US welcomes vigorous economic competition with China but does not want it to veer into conflict.
AP

China stocks tumble in ‘panic selling’ amid broad crackdown: Bloomberg reports a selloff in Chinese private education companies sent shockwaves through the equity market Monday, as investors scrambled to price in the growing risks from an intensifying crackdown by Beijing on some of the nation’s industries.

+ “I see panic selling in the market now as investors are pricing in a possibility that Beijing will tighten regulation on all sectors that have seen robust growth in recent years,” said Castor Pang, head of research at Core Pacific Yamaichi. “I don’t think investors can do any bottom fishing at this point. We don’t know where the bottom is.”

China offers a masterclass in how to humble big tech, right? Be careful what you wish for.
Schumpeter - Economist

What China’s vast new cybersecurity center tells us about Beijing’s ambitions: Since 2017, China has been building a 15-square-mile National Cybersecurity Center campus in Wuhan to help facilitate its ambitions of becoming a “cyber powerhouse.”
DefenseOne

China’s Huawei hires Democratic lobbyist Tony Podesta: WSJ reports hiring comes amid renewed DC lobbying push by the company that was a target of Trump administration.

Taiwan temptation keeps US guessing about Xi's true intention: Biden is under pressure to change the policy of 'strategic ambiguity.'
Lionel Barber - Nikkei

The Pentagon needs more than ships and planes to deter China: US forces in the Indo-Pacific region need to be more resilient, flexible, and effective.
Bloomberg - Editorial

+ Vice President Kamala Harris is planning to visit Vietnam and Singapore later this summer.

Japan’s leaders worry the Olympics could hurt their global brand. They’re wrong. Shinzo Abe hoped the Tokyo Olympics would show that Japan is a respected leader on the world stage. Turns out, it already is.
Tobias Harris - Politico

UK looks to remove China’s CGN from nuclear power projects: Change in stance follows worsening of relations between London and Beijing.
FT

The Times: Big fall in COVID cases suggests third wave has peaked

+ COVID cases in the UK have fallen for five consecutive days for the first time since February.

France mandates COVID health passes for dining and travel: Axios reports France's legislature approved a law mandating universal vaccinations for health workers and pandemic passes for all restaurants and domestic travel early Monday local time.

Biden officials closely monitor delta variant in UK as their anxieties mount over impact to US economy: WP reports some US economists wonder if the UK will prove ‘canary in the coal mine’ as Boris Johnson pursues aggressive reopening.

US will not lift travel restrictions, citing Delta variant-official: Reuters reports the announcement almost certainly dooms any bid by US airlines and the US tourism industry to salvage summer travel by Europeans and others covered by the restrictions. Airlines have heavily lobbied the White House for months to lift the restrictions.”

Census delays threaten Latin America’s vulnerable: As COVID rages, postponed population counts in Brazil, Bolivia, and beyond put social programs and hard-to-detect populations at risk, experts say.
Bloomberg

AFP: Brazilians unite to protest against vaccine scandal, Bolsonaro's COVID-19 response

Cuba’s communist authorities fear change. Street protests show the risk of resisting it.
Cuba has clung to an economic model based on centralized planning and state control. But the July 11 protests that shook the country’s rulers showed that model might be their biggest vulnerability
WP

Spain’s growing culture war over General Franco
Jim Lawley

DISRUPTION + INNOVATION

Toyota led on clean cars. Now critics say it works to delay them. The auto giant bet on hydrogen power, but as the world moves toward electric the company is fighting climate regulations in an apparent effort to buy time.
NYT

AMERICAN POLITICS

Gallup: Biden approval drops to 50%, lowest for him to date

Skilled in strategy (and grudges), top Biden adviser to depart White House
: Anita Dunn, who is returning to her Democratic consulting company next month, has long faced questions about how her influence in the White House intersects with her company’s corporate work.
NYT

Manchin weighs another term as his influence peaks: Politico reports Sen. Joe Manchin said 2018 was his "last campaign for Senate." Now, he says "you never know" about 2024.

Axios: Over 50 medical groups call for mandatory vaccinations for health care workers

LAT: California government and health workers must show vaccination proof or be tested

Jeff Bezos offers NASA $2bn discount for lunar contract
: FT reports Amazon founder’s Blue Origin space company lost out to Elon Musk’s SpaceX for the contract.

Trump ally Tom Barrack pleads not guilty to foreign agent charges: Politico reports the longtime adviser is charged with failing to register as a foreign agent, conspiracy, obstruction of justice, and making false statements to the FBI.

So, what are Jared and Ivanka up to these days?
Eve Peyser

Trumpworld is already weighing veeps for 2024. Hint: It ain’t Pence.
Politico

COMMERCE

Heathrow airport has warned that it could see even fewer passengers this year than last as expensive tests before flying and other regulations put off travelers.

+ Vaccine passports are being considered in the workplace by almost a third of major UK businesses, according to industry surveys.

WSJ: Tesla’s quarterly profit soars to record $1.1 billion

Facebook
is exploring the idea of letting users synchronize workout data from Oculus virtual-reality headsets with Apple’s Health app on iPhones, according to code discovered in the Oculus iPhone app.

The remote-work czar is the new shortcut to the C-Suite: One of the most sought-after management jobs right now is leading large, far-flung teams through uncharted waters. Human resources veterans need not apply.
Bloomberg

+ The former head of Google’s HR says that most companies will bail on “hybrid” work setups within two years.

Amazon is hiring a head of digital currency and blockchain projects.

The value of bitcoin surged to almost $40,000—up by 12% in a day—after speculation that Amazon will soon start accepting the cryptocurrency as payment.

Aon + Willis Towers Watson called off their planned merger because of antitrust concerns.

Luxury goods frenzy pushes LVMH to new heights: FT reports the demand has not faded even as spending on travel and entertainment increases.

Intel sets plan to again become world’s premier chip company: WSJ reports the semiconductor maker aims to launch a new central processing unit—the brains of the modern computer—every year between 2021 and 2025, part of Intel’s planned reboot after falling behind Asian rivals.

SPACE + SCIENCE

DeepMind unlocks the protein secrets of life: British pioneer’s AI system opens a new era of drug development.
The Times

PERFORMANCE

By now, burnout is a given: The pandemic has stripped our emotional reserves even further, laying bare our unique physical, social, and emotional vulnerabilities.
Atlantic

CULTURE

How TV went from David Brent to Ted Lasso: Two decades ago, TV’s most distinctive stories were defined by a tone of ironic detachment. Today, they’re more often sincere and direct. How did we get here?
NYT

Meet Julie K Brown, the woman who brought down Jeffrey Epstein
Guadian

SPORT

Giannis Antetokounmpo’s immigrant story and the internationalization of the NBA
Matthew La Corte + Jacob Czarnecki

Russell Wilson signed a multi-year partnership with e-commerce giant Fanatics, teaming up for an expected boom in the sports memorabilia market.

Simone Biles, the greatest gymnast alive, could be the next marketing GOAT too
LAT

Scottish climber dies in K2 avalanche: DW reports Rick Allen was hit by an avalanche while climbing K2, the world's second-highest mountain. The renowned climber was on an expedition for a children's charity.

Superconference mock draft: Forget Texas and Oklahoma, we redraw the college football map
LAT


Enjoy the ride + plan accordingly.

-Marc

Curation and commentary by Marc A. Ross | Founder @ Brigadoon


Like this content? Sample Brigadoon Daily for a week. Drop me an email and get added to the distribution list for a week. marc@thebrigadoon.com