Caracal Daily | November 18

***  Ross Rant *** 

What happens when seven people gather with no agenda

Posted on Saturday, November 15

Seven people.

One Scottish estate.

Zero PowerPoints.

Brigadoon Scotland concluded on Friday at Carphin House in Fife, and I spent the weekend in Edinburgh letting it all settle before flying home Sunday.

The mantra I used when curating this gathering was "Less logic. More magic."

And I can tell you from firsthand experience, there is a specific magic that happens when you gather the right people in the right place with no agenda beyond authentic conversation.

I've organized Brigadoon gatherings in different formats and sizes for years, and I'm still surprised by what emerges when you trust the format: no PowerPoints, no name tags, and Chatham House Rule.

People arrived as strangers and became friends.

They left noticeably smarter, myself included, all while sharing challenges and opportunities in a friendly and welcoming environment.

Getting out of your typical routine is key, even for just a few days.

A fire burning constantly.

Hikes that start the moment you walk out the front door.

The Scottish November light casting a glorious hue across the landscape.

Nooks for reading and strategic planning.

Chef-prepared meals that let someone else make decisions and pamper you.

Nightly conversations that stretched for hours because no one wanted to leave.

All Brigadoon gatherings operate under Chatham House Rule, so what was said and what was shared stays private, but the impact doesn't.

Everyone left different than they arrived, especially me.

Some call these multi-day Brigadoon gatherings anti-conferences, but nothing I have ever attended creates this quality of dialogue and connection.

Nothing else makes you noticeably smarter and more energized in just five days.

I'm already thinking about the next one, and I'm so excited.

-Marc

***  Caracal Daily ***

The world ahead: How 2026 will shape the next decade: This year, President Donald Trump has demolished long-standing norms and upended decades-old institutions at breathtaking speed. The old world order is finished—and in 2026, the contours of what will replace it will emerge. In the week we publish our new edition of The World Ahead, our future-gazing guide to the coming year, our top editors consider what 2026 will reveal about the future of Western liberal democracies, the reshaping of global power structures, the outlook for the world economy, and the impact of new technologies. Economist (Video)

China rapidly expands nuclear test site as Trump revives Cold War tension: WP reports the quiet expansion of Beijing’s remote nuclear complex points to years of preparation for a potential return to Cold War-era weapons testing.

White House memo claims Alibaba is helping Chinese military target US: National security document outlines intelligence on tech support given to PLA ‘operations.’ FT

Europe sees China as a rival. China sees Europe as a has-been: Yet China may be underestimating Europe’s willingness to push back. Economist

Japan shows off warships to Indonesia defense chief with eye on exports: Nikkei reports Koizumi and Sjafrie affirm cooperation on maritime security at 2+2 meeting.

Taiwan plans to spend $3bn to pursue 'AI island' ambitions: Nikkei reports initiative to focus on photonics, quantum computing, and AI robotics.

Taiwan’s amazing economic achievements are yielding alarming strains: It has the world’s most undervalued currency and one of its biggest trade surpluses. Economist

Security Council backs Trump’s plan for postwar Gaza: NYT reports the resolution, which passed with 13 votes in favor and Russia and China abstaining, forms the central plank of the Trump administration’s next steps to implement a lasting peace in Gaza.

In major breakthrough, UN Security Council adopts US peace plan for Gaza: NYT reports the vote, in which Russia and China abstained, provides a legal mandate for the Trump administration’s vision of how to move past the cease-fire and rebuild.

320,000: The UN’s estimate of the number of homes destroyed or damaged in Gaza during the war.

CNN: Trump pulling out all the stops to welcome Saudi crown prince for first White House visit since Khashoggi killing

MBS in DC:
Top lawmakers from both parties are trying to schedule a Capitol Hill visit for Saudi Crown Prince Mohammed bin Salman during his upcoming trip to Washington, according to multiple sources.

+ The crown prince will meet with President Donald Trump at the White House later this morning. The president will later host a White House dinner for the Saudi leader.

Trump says he will sell F-35s to Saudi Arabia: Politico reports the president's comments, which could antagonize Israel, come a day before he welcomes Saudi Crown Prince Mohammed bin Salman to the White House.

Trump says US will sell F-35s to Saudis, despite Pentagon concerns: NYT reports the president told reporters in the Oval Office on Monday that he planned to sell the advanced fighter jets to Riyadh.

Trump family and Saudi partner unveil tokenised Maldives resort: FT reports project announced on eve of Saudi Crown Prince’s visit to White House.

Courtroom erupts in cheers as ousted Bangladesh PM sentenced to death: USA Today reports a courtroom in Dhaka erupted in cheers on Monday, November 17, as a special tribunal sentenced Bangladesh’s ousted prime minister, Sheikh Hasina, to death.

The scramble for Europe is just beginning: As the EU struggles to defend its interests, outside powers play divide and rule. Gideon Rachman

Ukraine faces manpower crisis as most recruits flee training, MP says: The fervour of the war’s first volunteers is largely spent, and Kyiv is struggling to plug gaps on the front line as Russia comes close to capturing Pokrovsk. The Times

A huge corruption scandal threatens Ukraine’s government: Volodymyr Zelensky faces his biggest challenge since the invasion. Economist

Poland says rail explosion was ‘unprecedented act of sabotage’: Politico reports Prime Minister Donald Tusk said the goal of the sabotage was to blow up a train and that additional damage had been identified elsewhere on the route.

Polish PM confirms 'act of sabotage' on key Ukraine supply train line: Le Monde reports investigators suspect that the explosion on Sunday on the rail link running from Warsaw to the Polish city of Lublin was committed 'on behalf of a foreign intelligence service,' Poland's National Prosecutor's office said.

France pledges to sell Rafale fighter jets to Ukraine, but funding remains uncertain: Le Monde reports that, as with all letters of intent, the one signed by Emmanuel Macron and Volodymyr Zelensky on Monday was not a formal contract, but simply an official acknowledgment of ongoing negotiations.

Ukraine plans to buy 100 French Rafale jets: FT reports Volodymyr Zelenskyy signs letter of intent to purchase aircraft and other weapons during visit to France.

France wants to build jet fighters for Ukraine. Neither has the cash. WSJ reports French President Emmanuel Macron announced a plan to supply Kyiv with up to 100 Rafale jets and other advanced weaponry.

UK follows Europe and US in crackdown on asylum seekers: WSJ reports moves include threatening visa restrictions on countries that don’t take back failed asylum seekers, something President Trump has done.

Why Britain is embracing ‘negative nation branding’: Prime Minister Keir Starmer, trying to get a grip on a feverish immigration debate, is introducing a hard-line, contentious policy on refugees. NYT

Nearly half of Labour voters want Keir Starmer to step down: Polling for The Times has found that the prime minister’s popularity is waning after a chaotic briefing row and build-up to the budget.

Pope Leo is following in Francis’s footsteps: The new pope refuses to discipline bishops who move against traditionalists. Joseph D’Hippolito 

UBS chair talked to Scott Bessent about moving bank to US: FT reports discussions came as Colm Kelleher tries to pressure Swiss government to back down over proposed capital rules.

Number of new foreign students in US falls 17% over visa worries: FT reports Trump’s tough policies against universities lead to sharp fall in international enrolments.

AP: US may have discussions with Maduro as aircraft carrier arrives in Caribbean, Trump says

CNN: Trump hasn’t made decision on striking Venezuela, officials say

Bloomberg: Trump threatens Latin America but leaves US strategy unclear

Trump makes a sharp pivot on Venezuela:
The Times reports that as Operation Southern Spear gathers pace in the Caribbean, President Trump has indicated he is willing to speak to the Venezuelan leader.

Trump’s armada off Venezuela’s coast is a hint to President Maduro: The US naval build-up gives the Venezuelan president a choice: do a deal or do a runner. The Times-Editorial

The case for overthrowing Maduro Bret Stephens

If we’re going to do tariffs, let’s do them right: The White House’s chaotic tariff strategy is making everything more expensive. Gretchen Whitmer

Bloomberg: World’s top aluminum producer adds markups as Trump tariffs drive up consumer costs

Epstein files:
The House will vote Tuesday on the discharge petition calling on the Justice Department to release the complete Epstein files.

‘He got tired of me winning’: How Thomas Massie outmaneuvered Trump on Epstein: Politico reports the president’s Sunday capitulation handed his biggest GOP foe in Congress a major victory.

+ “I think I’ve just demonstrated I can get something done with the Speaker against me, the President against me, the Vice President against me, and the FBI director against me. If you can get something done in the face of all that, then I think my prospects are pretty good.” -- Rep. Thomas Massie (R-KY)

Trump says he would sign bill to release Epstein files if it reaches his desk: ABC News reports: "I'm all for it," he said in the Oval Office on Monday.

Trump bows to reality in Epstein reversal, beating a rare retreat: NYT reports faced with a mass defection on a bill to demand the release of the Epstein files, the president rushed to avoid an embarrassing loss, suggesting a slip in his iron grip on the GOP.

As Trump looks for distraction on Epstein, Justice Dept. rushes to his aid: NYT reports the department was deployed, in effect, as an arm of the president’s rapid-response operation to help him muscle through a damaging news cycle over Jeffrey Epstein, former and current officials said.

CNN: Elizabeth Warren calls on Harvard to sever ties with Larry Summers after new Jeffrey Epstein emails

The first glimpse of post-Trump MAGA has arrived:
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+ The White House chalks Marjorie Taylor Greene’s newfound persona up to sour grapes that Trump didn’t back her to run for Senate or governor.

Trump to back primary against Indiana Republican who opposes redistricting: Politico reports the White House plans to challenge Republican state Sen. Jim Buck of Kokomo.

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Why Trump gets away with it: The institutional checks that got the country through Watergate are far weaker now. Clark Hoyt

The Trump era is one of GOP decline Timothy P. Carney

Federal judge blasts potential ‘government misconduct’ in Comey case: WP reports the judge excoriated the Justice Department for its investigation and prosecution of former FBI director James B. Comey, citing a “disturbing pattern of profound investigative missteps” that could threaten the viability of the case.

FAA to lift flight restrictions: WSJ reports a cut in flight traffic implemented last week in response to the government shutdown would end Monday morning.

Bloomberg: US airlines may see weaker holiday traffic amid shutdown fallout

Shut up, or suck up? How CEOs are dealing with Donald Trump:
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The American Petroleum Institute is backing a seven-figure ad campaign featuring real landmen during Paramount+ and CBS broadcasts of "Landman."

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Chatbots are surprisingly effective at debunking conspiracy theories: Turns out many believers do respond positively when presented with the right evidence and arguments. MIT TR

Grok, Elon Musk's AI, spreads far-right falsehoods about 2015 Paris attacks: Le Monde reports a false rumor that acts of torture were committed during the attack on the Bataclan hall venue was revived by the French far right and confirmed by Grok, which invented victim testimonies.

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The global internet is pulling apart: The rise of the national messaging app. NY Mag

Screen-time worries send parents in increasingly desperate directions: Parents are turning to $8,000 ‘detox’ camps to rein in on kids’ tech usage. WP

Amazon joins Big Tech bond rush with $12bn debt sale: FT reports e-commerce giant’s first US bond in three years comes as it cranks up spending on artificial intelligence infrastructure.

Bloomberg: Fear engulfs Bitcoin traders betting on free fall to $80,000

The crypto industry’s $28 billion in ‘dirty money’:
As President Trump has championed crypto and the industry has gone mainstream, funds from scammers and other criminal groups have flowed onto major crypto exchanges. NYT

Cryptocurrencies, a fast lane for money laundering: An international journalistic investigation of which Le Monde is a partner highlights the glaring weaknesses in cryptocurrency exchange platforms, used by criminals to launder money. Le Monde

Apple intensifies succession planning for CEO Tim Cook: FT reports the iPhone maker’s board is preparing for its longtime leader to step down as early as next year.

The world’s most-watched YouTube video hasn’t made its creator rich: Company behind ubiquitous song is hampered by ad restrictions on children’s content, wants to raise funds for expansion via an IPO. WSJ

Bloomberg: ‘Baby Shark’ creator Pinkfong set for Seoul debut after popular IPO

The surprising new use for GLP-1s: Alcohol and drug addiction:
WP reports some doctors are prescribing weight-loss drugs such as Zepbound and Ozempic to help reduce cravings for illicit drugs and alcohol. But research on the benefits is limited.

J&J buys cancer drugmaker Halda for $3bn in latest biotech deal: FT reports pharma group hopes acquisition will help to offset losses from expiring patents on blockbuster drugs.

China wants electric cars to feed power back to the grid: The world’s largest EV fleet could become a giant battery network if economic and technical hurdles are overcome. ROW

Reuters: Electric vehicle sales are booming in South America — without Tesla

Will superfast, super-expensive electric vehicles catch on?
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Ford has reached a deal with Amazon to sell certified used cars directly on Amazon's website.

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Jeff Bezos and Lauren Sánchez Bezos to fund Met Gala: The Times reports New York’s Metropolitan Museum of Art has announced that ‘costume art’ will be the theme of next year’s A-list event.

The NFL has a new comeback king: With a last-gasp victory on Sunday, the Chicago Bears notched a fourth-quarter comeback for the fifth time this season. It’s a remarkable record—but is it sustainable? WSJ

The Kansas City Chiefs are wobbling out of the playoffs: Inconsistent and searching for answers, the Super Bowl perennials lose more ground to Denver as AFC power resets. Jason Gay

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Mbappé and PSG trade countersuits worth hundreds of millions: Le Monde reports the captain of France claims his former club mistreated him after he refused to sign a new contract. PSG, in return, claims their former star striker botched a €300 million transfer deal.

Bloomberg: Trump says US is creating priority visa system for World Cup

Enjoy the ride + plan accordingly. 

-Marc 

Marc A. Ross | Chief Communications Strategist @ Caracal 

Send me A11 by email.