US- China Trade Talks Update + Ted Allen

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Thursday evening, Caracal Global founder Marc A. Ross joined Bloomberg Chief Washington Correspondent Kevin Cirilli on Bloomberg Radio's Sound On program.

Other guests, Ted Allen, Ambassador for former first lady Michelle Obama’s education initiative, Reach Higher and Host of Chopped and Margaret Talev, Bloomberg News Senior White House Reporter.

It was a fun show on food politics, restaurants impacted by the tariffs, an update on US-China meetings, happenings on Capitol Hill, and the Super Bowl.

You can listen here: https://bloom.bg/2UvNLMj

Do I have your attention?

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I think a lot about attention.

I mean like a lot.

Generating attention.

Securing attention.

Accepting attention.

Regenerating attention.

I think about attention for my clients and my projects.

Attention is something all entrepreneurs and thought leaders know they need to be successful, impactful, and fruitful.

Understanding culture has been a useful tool for attention gathering.

Often entrepreneurs and thought leaders over-index on tactics and tools and don't consider strategy and organization as so necessary - especially as it relates to culture.

Sure you can change culture, but to make the change, it will be expensive, extensive, and exhaustive - far better to embrace culture ticks and execute accordingly.

Culture can be relative to target audiences.

The relativity of culture makes the understanding, the appreciating, and the accepting of this invisible essence so necessary to take your concept from zero to one.

To be successful, it takes introspection, experimentation, and a willingness to embrace culture if you want to reach that loyal consumer who's perfect for your product, service, or idea.

Embracing culture can set you on a path propelling your business or idea forward.

-Marc

Marc A. Ross is the founder of Caracal Global and specializes in thought leader communications and global public affairs for senior executives working at the intersection of globalization, disruption, and politics.

Latin America, Venezuela, Liu He, Italy, Amy Klobuchar, Foxconn

Latin America, Venezuela, Liu He, Italy, Amy Klobuchar, Foxconn

Caracal Global Daily
January 31, 2019
Curation and commentary from 
Marc A. Ross

Reporting from Alexandria, Virginia 

Caracal Global Daily  = News + Analysis at the Intersection of Globalization + Disruption + Politics


TOP FIVE

✔️ US plans to reshape Latin America

✔️ China’s slowing economy + Italy enters recession

✔️ A “personal IPO"

✔️ Who’s afraid of Howard Schultz?

✔️ Marie Kondo should tidy Netflix

GLOBALIZATION

Venezuela marks the first step in US plan to reshape Latin America: WSJ reports, the Trump administration’s broader aim is to gain leverage over Cuba and curb recent inroads in the region by Russia, Iran, and China. The US policy, developed over the past two years, has been driven in part by the ascent of anti-Cuba hardliners within the government and Congress.

Move on Maduro revives memories of US interventions: FT reports, analysts say hints of military action bluffs to raise pressure on the Venezuelan regime.

Did Russia send a Boeing 777 airliner to pick up Venezuelan gold?

Mexico’s economic growth lost momentum in the fourth quarter of 2018 as a decline in industrial output partially offset gains in services and agricultural production.

WSJ - Editorial: China’s Huawei reckoning. The criminal charges should play out in court, not in trade talks.

Huawei faces deepening scrutiny in Europe: WSJ reports, the European Union is exploring ways to address security concerns about Huawei and other Chinese telecommunications-equipment suppliers, according to an EU official.

Nikkei: The cursed year: Xi and China brace for a wild 2019

Wars, riots, and crackdowns have hit in jinxed '9' years.

China’s slowing economy is sending shock waves through its trading partners around the world.

Hundreds of listed Chinese companies have slashed their forecasts for 2018 earnings this week in a sign that an economic slowdown and worries over US-China trade friction are beginning to bite.


China’s Liu He is hemmed in on both sides: FT reports, economic tsar has met an opponent in Robert Lighthizer and cannot ignore Xi Jinping’s wishes.

China's space station in Argentina is a 'black box': Reuters reports, China’s military-run space station in Argentina played a key role in landing a spacecraft on the dark side of the moon this month, according to Chinese media. But it operates with little apparent oversight from the Argentine authorities, stoking conspiracy theories and US fears.

World Economic Forum navigates geopolitical fallout: FT reports, with the US absent, it will be much easier for China to make its case unchallenged.

FT: Italy’s faltering economy will put populists’ plans to the test

Recession feared but government insists spending can correct years of anaemic growth.

Breaking: Italy economy contracts in Q4 2018, sparking recession

Slowbalisation: The steam has gone out of globalization: A new pattern of world commerce is becoming clearer—as are its costs. https://econ.st/2UvxlDv 

DISRUPTION

Why some high performers are quitting big companies to work for themselves http://bit.ly/2UrTra4

"not poor performers being forced out who started their own solo businesses out of necessity. Quite the opposite: all were star performers who chose to reject the traditional large company career path. All had discovered a relevant niche they were uniquely excellent at, and that they had more upside working outside of the constraints of one large company."

a “personal IPO”


POLITICS

US-China trade talks: Trump will meet China's Vice Premier Liu He in the Oval Office today as two days of high-level trade talks come to an end will little indication so far that China is willing to bend to US demands.

Don't expect a major breakthrough, but a statement on progress surrounding intellectual property rights, market access, and China's promise to buy more American goods should be announced this evening.

Also, the deadline for striking a trade deal is March 1 - the US has threatened to raise tariffs on $200 billion worth of Chinese products to 25 percent from 10 percent.


Big business plans all-out blitz on Washington to end trade war: Bloomberg reports, corporate America is taking the gloves off in its campaign to end Trump’s trade war. A coalition of more than 200 trade associations spanning agriculture, manufacturing, retail, technology, oil and even liquor will begin a new two-pronged attack next week to try to end the policies they see as damaging.

Today: Trump to sign an executive order for USG to buy American steel and iron

WP: Howard Schultz, weighing an independent run in 2020, heaves early ire at Democrats

WSJ - Editorial: Who’s afraid of Howard Schultz? Democrats seem to be afraid he might give them a policy debate.

WSJ: Beto O’Rourke weighs presidential campaign from an unusual position: Front-runner

Former Texas congressman’s strategies may have to change to distinguish himself from Democratic field.

George Will: Amy Klobuchar may be best equipped to send the president packing

"Her special strength, however, is her temperament. Klobuchar laughs easily and often. If the nation wants an angry president, it can pick from the many seething Democratic aspirants, or it can keep the president it has. If, however, it would like someone to lead a fatigued nation in a long exhale, it can pick a Minnesotan, at last."  

COMMERCE

Facebook posted record profit in the fourth quarter.

Unilever reported weaker-than-expected revenue growth in the fourth quarter and warned of a challenging year ahead.

Foxconn backpedals on Wisconsin factory plan, shifts focus to research: WSJ reports, Foxconn Technology Group, a major supplier to Apple Inc., is backing down on plans to build a liquid-crystal displays in Wisconsin, a major change to a deal that the state promised billions to secure.

Nikkei: Foxconn suspends $20bn in US and China projects on growth fears

Tech group weighs whether demand justifies extra capacity amid trade war.

Foxconn is going to India.


Shipbuilding merger: South Korea's Hyundai Heavy Industries has reached a deal to acquire a majority stake in ailing number two Daewoo from the government.

CULTURE

Mary McNamara: If Marie Kondo wants to tidy something, she should start with Netflix: I don’t want to see Marie Kondo’s sock drawer. I want to see her Netflix account. Or her Amazon Prime Video watchlist. Or her DVR queue. Because these days, that’s where the real clutter crisis can be found. She is also just another show on Netflix, which makes the whole thing pretty hilarious. Because there is no single space on Earth as untidy and overstuffed as Netflix, the crammed-in, piled-up garage of the ever-growing, increasingly ill-organized mansion of narrative screen culture. Marie Kondo, heal thyself. Or at least thine media platform.

Huawei, US-China Trade, Brexit Plan C, GOP Primary, Ketchup

Caracal Global Daily January.png

Huawei, US-China Trade, Brexit Plan C, GOP Primary, Ketchup 

Caracal Global Daily
January 29, 2019
Curation and commentary from 
Marc A. Ross

Reporting from Alexandria, Virginia 

Caracal Global Daily  = News + Analysis at the Intersection of Globalization + Disruption + Politics


TOP FIVE

✔️ US unveils criminal charges against Huawei 

✔️ Another key Brexit vote

✔️ An Italian warning for France

✔️ Rumblings of a Republican primary challenge

✔️ What marketers can learn from a ketchup bottle

ROSS RANT

Let's communicate like it's 1979

Going back forty years, communications was pretty easy.

The communications environment was simple - it was one to many.

If you wanted the world to pay attention back then, you secured time on one of the few platforms that ensured your message would be broadcasted to the masses.

Today, such mass broadcast opportunities are infrequent. The communications environment is not so easy.

It matters what your audience prefers. 

It matters where your audience is seeking information.

It matters how your audience is processing information.

It matters when your audience is accepting information.

To succeed in this new communications environment, focusing on strategy and organization more and tactics less will be fruitful.

Read more here: http://bit.ly/2UnzG3n

GLOBALIZATION

FT: US unveils criminal charges against Huawei 

US Levels criminal charges against Huawei: WSJ reports, the Trump administration unveiled a sweeping set of criminal charges against China’s Huawei Technologies in its latest salvo against the telecom giant.

WP: Justice Dept. charges Huawei with fraud, ratcheting up U.S.-China tensions

LAT: Hopes riding high on US-China trade talks, but reality paints a dimmer outlook

Reuters: US' Mnuchin expects progress in 'complicated' China trade talks

Big divides remain as US-China trade talks resume
: WSJ reports, Cabinet-level delegations from the U.S. and China will resume trade negotiations Wednesday, but early indications are that the two sides remain sharply divided, suggesting a hard slog ahead for a deal to be cut before a March 1 deadline.

NYT: US intelligence chiefs to outline threat of Chinese cyberspying

A Senate Intelligence Committee hearing on Tuesday is expected to touch on recent indictments against Chinese hackers, Beijing’s intelligence agents and Huawei.

Beyond China, the intelligence officials will most likely discuss the threats of North Korea and the Islamic State.


Way out of Brexit paralysis: WSJ reports, weeks after the Parliament resoundingly rejected Prime Minister Theresa May’s Brexit plan, British lawmakers will use a series of votes to try to break the stalemate over the terms of the UK’s divorce from the European Union.

Another key Brexit vote: British Prime Minister Theresa May faces votes in Parliament, with one of those attempting to put Brexit on hold, while another would send her back to Brussels to renegotiate the withdrawal agreement.

Dominique Moisi: An Italian warning for France: With Italy’s populist government supporting the “Yellow Vest” protests, France needs to understand how and why it has become the principal target of Italian criticism. Reckoning with this latest turn of events could help France to overcome its own internal divisions and prevent Italian-style populism from taking power in Paris.

Goldman and BlackRock among winners on Venezuelan bonds: FT reports, the possibility of Nicolás Maduro’s government falling has raised hopes among the country’s creditors.

US troops to Columbia to stabilize Venezuela? During a Monday White House press briefing national security adviser John Bolton was photographed carrying a notepad — presumably, as he was fresh out of a national security meeting — and one of the things which appears to be handwritten on the pad is "5,000 troops to Colombia."

John Harris: Davos elites fear they’re on a toboggan ride to hell: The global winners here in Switzerland aren’t so sure they’re up to the task of running the world anymore.

Stephen Roach: Warnings from the global trade cycle: The global trade cycle is facing major stress in 2019, downward revisions have just begun, and the risk of a major slowdown in world GDP growth cannot be minimized. In a still tightly connected world, no major economy will be an oasis.

DISRUPTION

Fintech: Venture capital-backed financial technology companies raised a record $39.57 billion from investors globally in 2018, up 120 percent from the previous year. 

POLITICS

SOTU: Trump accepted House Speaker Nancy Pelosi’s invitation to give his State of the Union address to a joint session of Congress on Feb. 5.

Who will be the first candidate to use a podcast to launch a presidential campaign and explain their policy positions?

Barton Swaim: Want to Be President? You better write a book: The defining quality of most campaign books is the author’s moral narcissism.

Howard Schultz's presidential rollout is a good reminder that cushy green rooms and well-mannered audiences is not the best training ground for blitzkrieg town halls and circus show audiences found on the American campaign trail.

WSJ - Editorial: Mike Bloomberg vs. Howard Schultz: How dare another billionaire decide to run for President?

FT: Howard Schultz’s presidential ambitions draw backlash


Critics try to keep former Starbucks chief from third-party run in 2020

Eugene Robinson: Howard Schultz is fully capable of winning the 2020 Election ... for Trump

"Just what we need, another ego-crazed billionaire with zero experience in government who thinks he is destined to be president. What could go wrong?"

USA Today - Howard Schultz OpEd: A third-party centrist candidate like me could win the presidency in 2020

"To become better, we must repair our broken two-party system. To those who say a third choice can't succeed, I say that's as un-American as you can get."

Burton defends working for Schultz: Bill Burton, a former adviser to President Barack Obama, defended his decision to join Howard Schultz’s team as the former Starbucks CEO considers an independent presidential bid in 2020, pushing back against suggestions that Schultz could be a spoiler,”

LAT: In Iowa debut, Kamala Harris lays out vision of big government

Joe Scarborough: Kamala Harris has what it takes
: A party that produced a weakened nominee in 2016 has begun the 2020 cycle on a path that looks certain to produce a tougher political challenger than Trump has ever faced before.

Trump 2020: Rumblings of a Republican primary challenge: AFP reports, with approval ratings hovering around 40 percent -- even lower, according to some polls -- speculation is mounting that Trump could face a primary challenge for the Republican presidential nomination.

Majorities of independents (59%), women (64%) and suburbanites (56%) rule out supporting Trump for a second term.

Nearly 1 in 3 say Republicans would like to nominate someone other than Trump to be the party’s candidate for president.


Democrats’ 2020 presidential contest is wide open as danger mounts for Trump, poll shows: WP reports, a majority of Americans would “definitely” not vote for President Trump if the election were held today, but most Democratic voters were not able to say who should challenge him, according to a Washington Post-ABC News poll.

OTD: Kansas joins the United States

COMMERCE

FT: PG&E files for bankruptcy protection to manage billions in liabilities

OTD: In 1886 Karl Benz patented the first car.

Bloomberg: E-scooter riders bang heads and break bones, but lawyers say suits are hard

Marriott Bonvoy
 is the company’s new travel program built on the belief that travel enriches its members and the world around them. Launching in February 2019, Marriott Bonvoy replaces Marriott Rewards, The Ritz-Carlton Rewards and Starwood Preferred Guest (SPG).

What marketers can learn from a ketchup bottle: At the turn of the millennium, ketchup had been around for 150 years. It had seemingly become a commoditized condiment. Heinz was the leader and had strong brand recognition, but was vulnerable to competition with lower prices or catchier marketing. According to innovation expert Amy Radin, author of The Change Maker’s Playbook, Heinz upended the staid ketchup market with an idea that was far from a breakthrough: the upside-down bottle. 

SPORT

New York’s Gaming Commission took the first step toward legalizing sports betting on Monday.

Super party Super Bowl: Americans who plan to watch the Los Angeles Rams and New England Patriots in Super Bowl LIII Feb. 3 on CBS will spend a combined $14.8B on such items as food, drink, hosting parties, new TVs and tech equipment, sports apparel and other accessories, according to a survey conducted by the National Retail Foundation.