Happy Tuesday.
To be ITK, know this:
Read this: Don’t expect the SNP to break Scotland’s links to the monarchy: Should independence ever happen, there is much to be said for the continuity guaranteed by the House of Windsor. Alex Massie
+ "Should independence ever happen, there is much to be said for the continuity guaranteed by the House of Windsor."
+ More than half of the 750,000 mourners expected to queue to pay their respect to Queen Elizabeth II as she lies in state in Parliament.
Read this: The queen's death opens the floodgates on self-rule campaigns: King Charles III will have his hands full stopping former British colonies from declaring independence from the crown. Politico
+ A 2021 poll from the non-profit Angus Reid Institute found that only 34 percent of Canadian respondents would support King Charles remaining head of state.
Read this: Requiem for an empire: Since World War II, Britain’s influence in the world has relied on its “special relationship” with the United States, its position as head of the Commonwealth (the British Empire’s successor), and its position in Europe. The Americans are still there, but Europe isn't, and now the head of the Commonwealth isn't, either. Robert Skidelsky
+ "Since World War II, Britain’s influence in the world has relied on its “special relationship” with the United States, its position as head of the Commonwealth (the British Empire’s successor), and its position in Europe."
'London Bridge is down': On this episode of Brigadoon Radio, Gerald Ashley and Marc Ross discuss being back from summer break and hip surgery, a new PM, a new King, the US Midterm Elections, the role of central banks in the global economy, Mikhail Gorbachev influencing Xi Jinping, Boris Johnson making a comeback, Defense Advanced Research Projects Agency, and what they are reading and watching. Watch here.
Read this: The Italian right is coming: The key to the success of Europe’s two big political families, Christian democrats and democratic socialists, has been their well-developed political and ethical cultures. The Brothers of Italy, which will most likely lead the country’s next coalition government, now aspires to lay similar foundations for the right. Lucrezia Reichlin
+ "Italy might soon be led, for the first time in its postwar history, by a party with roots in the detritus of Mussolini’s Fascist movement. If the Fratelli d’Italia (“Brothers of Italy”) does end up at the helm of the governing coalition"
Read this: Ukraine is waging a new kind of war: The fight to retake the city of Kherson plays to the Ukrainians’ strengths, not the Russians.’ Phillips Payson O’Brien
+ "Though Vladimir Putin had the reputation of a strategic genius when he started this war six months ago, the Ukrainians have exposed him as a plodding and unimaginative thinker who miscalculated enormously."
Read this: It’s time to prepare for a Ukrainian victory: The liberation of Russian-occupied territory might bring down Vladimir Putin. Anne Applebaum
+ "Many things about the current Russian political system are strange, and one of the strangest is the total absence of a mechanism for succession.
+ "Not only do we have no idea who would or could replace Putin; we have no idea who would or could choose that person"Not only do we have no idea who would or could replace Putin; we have no idea who would or could choose that person"
+ "The possibility of instability in Russia, a nuclear power, terrifies many. But it may now be unavoidable. And if that’s what is coming, we should anticipate it, plan for it, think about the possibilities as well as the dangers."
Read this: Xi Jinping trip turns focus on China's sway in Russia's backyard: A highly anticipated meeting between the presidents of China and Russia in Uzbekistan comes as Beijing and Moscow want to increase their own ties with Central Asia while presenting a common front against the West. DW
+ Shortly before the invasion began in February, Xi and Putin met on the sidelines of the Winter Olympics in Beijing to underline a partnership with "no limits" while presenting a united front against the US-led global order.
Read this: China after Mao by Frank Dikötter review: The great communist deception: A damning account of how the People’s Republic never made the reforms it claimed to embrace. The Times
+ “The nations were caught in a trap . . . a trap from which there was, and has been, no exit.”
Read this: China vs the US: who will win the chip war? Francis Pike
+ "De-globalisation, the retrenchment to national interest and autarky, is likely to bring the world slower growth, or worse. Both America and China will be losers in their chip war even if the end result is not a real global war."
US invites Mexico to join semiconductor production effort: AP reports a high-level United States delegation on Monday invited Mexico to participate in a push to shift semiconductor production from Asia to North America and expand the production of electric vehicles.
Read this: The Merge: A blockchain revolution or just more hype? Ethereum’s switch to a greener system is seen by crypto enthusiasts as a long-awaited chance to prove critics wrong. FT
+ If the fusion goes off without a hitch, Ethereum will shift from a “proof-of-work” system to one known as “proof of stake”.
+ In a proof-of-stake system such as the one Ethereum is moving to, the blockchain doesn’t need powerful computers for its security. Instead, individuals or companies act as the validators, staking their own ether tokens (the native currency of the Ethereum blockchain) as collateral against bad behavior.
+ Some see the Merge as a historic moment that will take crypto mainstream by drastically reducing the industry’s levels of energy consumption — the Ethereum blockchain’s annual level is currently estimated to be as high as that of Finland
+ @fredwilson: As obvious as it may be to many lawyers, legal scholars, and elected officials that the vast majority of web3 tokens are not securities, we are still spending way too much of our time and taxpayers money convincing regulators of this fact.
Read this: Why Bloomberg lives on and on and on and on and on and on: Even huge price hikes won’t dent the Borg’s popularity. FT
+ There are five main reasons why Bloomberg defies gravity: knowing their client preferences; the cost of substitution; a superior brand and network effects; a disciplined pricing strategy; and a long-term vision around product expansion.
Read this: Jason Fried on why he doesn’t do planning or politics at work Future
+ "We’re not looking to compete, we’re not looking to outspend, we’re not looking to dominate. The market is enormous, and there’s plenty of room for lots and lots of companies to do well."
Read this: Charles III will be a menswear king: England's new king has a long history with the fashion and textile industry. GQ
+ He is known to claim that when it comes to fashion he’s “like a stopped clock,” and he told British GQ in 2018 that he is fashionable “once every 25 years.”
Art world to mark 50 years since Picasso's death: AFP reports from the Prado museum to the Pompidou Centre and New York's Met, the art world has mobilized to stage "an unprecedented" 42 exhibitions marking 50 years since Picasso's death, officials said Monday.
+ The celebrations will begin on September 23rd at Madrid’s Mapfre Foundation with the exhibit “Pablo Picasso and the breaking down of sculpture” and will run until April 2024 with the closing exhibit at the Petit Palais in Paris.
The 2022 Venice Film Festival has awarded Laura Poitras’ “All the Beauty and the Bloodshed” the Golden Lion for Best Film, with Colin Farrell and Cate Blanchett landing the Coppa Volpi for Best Actor and Best Actress.
The Chicago Bears pitch a plan to depart Soldier Field for suburbs: The team agreed in 2021 to buy a 326-acre former horse racecourse where a new, privately financed stadium will be built in Arlington Heights.
+ Soldier Field is the oldest standing stadium in the NFL. It currently seats around 61,500, making it the smallest stadium in the NFL despite Chicago being one of the largest markets.
+ The Bears do not own the stadium. It's owned by the Chicago Park District. That means they cannot inherit all the revenues the stadium generates. A new stadium would fully guarantee the profits to the organization.
LAFC's Bale has MLS's top-selling jersey: AFP reports less than three months into his Major League Soccer tenure Wales captain Gareth Bale's Los Angeles FC jersey is the top-seller on MLSstore, the league said Monday.
Read this: How Serena Williams forced sports journalists to cover tennis as more than a game: Early coverage sidestepped conversations about the unique kinds of gendered racism that a Black girl from a working-class California neighborhood might face on the professional tour. Erin Whiteside
+ Williams’ presence as a Black woman in a historically white, patriarchal sport, her commitment to activism, and her willingness to bare her personal challenges to the public forced sports journalists to reevaluate professional norms that urged them to focus only on what happened between the lines.
+ Sports journalists had come to be seen by their news peers as playing in a proverbial “toy box” within the wider newsroom. That is to say, their colleagues saw them as frivolous, lacking in a serious approach.
+ Practicing sports journalism by “sticking to sports” leaves reporters ill-equipped to cover news events that demand a wider lens.
+ Erin Whiteside is an associate professor of journalism and electronic media at the University of Tennessee
Enjoy the ride + plan accordingly.
-Marc
Caracal produces ITK Daily.
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