Good morning When I listened to Senator Ted Cruz, I talked about it with Tucker Carlson The case for the change of regime in IranI had a review of my days on the College Debattierkreis. In several years of assessment and competition, I had the opportunity to see future leaders such as Boris Johnson, Justin Trudeau, the president of Chicago, Austan Goolsbee, and Cruz. I say that I do not brag -even though I once won Canada’s national debate championship by defending the right of the CFL -but to share some lessons that I learned from TOP debatted.
Nowadays, every CEO is put under pressure to take an attitude to topics that are polarizing or that he may not know much about. The Cruz Carlson interview is a case study in what not to do.
The debate is about the art of conviction. In a parliamentary debate competition you get a solution and have 15 minutes to prepare. If you are in the opposition, you do not know how the “government” will interpret this solution until the first speaker opens your mouth – similar to an interview in which you do not know which questions or facts will come next.
Your knowledge of a topic is often less important than your ability to convince others that your opponent is an idiot. (Of course, not literally how this would be an “ad hominem” attack -essentially a form of a guest light -that is technically against the rules against the rules. They try to make them laugh when it is funny and are suffocated when the topic is sad. It is a great training area for populists.
If you want to take a controversial attitude or disturb the status quo, do your homework. It is okay to know very little about a country, for example when you argue that the United States should not bomb it. The bar is higher if you draw a case for the war. If you don’t know ConsequenceYou are not a serious person on a very serious topic. They risk getting as defensive, thin-skinned and angry to get qualities that many liked in a debate phase. And if “you get involved in ruthless rhetoric without facts”, you invite the audience to think about how each side revealed on this front. Further news below.
Contact the CEO every day via Diane Brady diane.brady@fortune.com
Top messages
The White House will give Iran for two weeks to negotiate
The president is Hold down his decision Iran bomb. “Due to the fact that there is a chance of considerable negotiations in the near future, which can take place with Iran or not, I will make my decision as to whether I should go within the next two weeks or not,” he said according to the White House.
Goldman Sachs warns of the budget consequences “Big, Beautiful Bill”
Goldman Sachs analysts said This week the “big, beautiful law” by President Trump, who was passed by the House Republicans, will keep the US budget on a “non -sustainable” path. “The primary deficit is much larger than usual in a strong economy.
Trump says there are too many public holidays
“Too many non -working holidays in America” He posted yesterdayAt the Junetenth. “It costs our country billions of dollars to keep all of these business closed. The workers don’t want it either! Soon we have a vacation for every working day of the year. It has to change if we want to make America great again!” Reality Check: The USA have relatively few National holidays compared to other countries.
President insulted Powell again
Trump released his anger again to Fed chairman Jerome Powell because he did not lower the interest rates. He said social about the truth: “Too late”, Jerome Powell costs our country hundreds of billions of dollars. He is really one of the stupid and most destructive people in the government, and the Fed Board is complicit. Europe had 10 cuts, we didn’t have any. We should be 2.5 points lower and save billions for short -term debt of bisen. We have a low inflation. An too dining times food, an American discussion! “, A late in the American discussion!
Trump gives Tikkok for another 90 days Before it is forced to sell his US operations and Republicans I’m not happy about it.
Improvement of productivity in younger generations
Managers in Asia are Battles With the slowdown of productivity and Simon Tate, the Asian-Pacific area for working day, a solution to the problem could be to give younger generations more power at the workplace. “We simply wrongly assume that they are too young and have no good ideas,” notes Tate.
Fights in the luxury industry
A new study by Bain & Co. released On Thursday, the luxury sector shows by 3% in the first quarter of 2024 compared to the same quarter of the previous year. Claudia d’Arpizio, one of the authors of the report, told Assets This part of the problem is to compensate for the exclusive nature of luxury products with younger generations who want to run their purchases online.
Other companies keep Bitcoin in their balance sheets
theft Report: “Last year, the number of Bitcoin held by companies rose by almost 170 percent. According to BitcoinTreasuries.net, which corresponds to around 3.2 percent of all bitcoins that will ever exist, a total of around 130 Bitcoin companies are summarized.
Spain black time had nothing to do with renewable energy
Do you remember when Spain’s power grid failed a few weeks ago and everyone said that they were too dependent on solar energy? This turns out to be garbage. An incident of “instability” in the grille, as other suppliers, mostly gas fire, do not compensate for the offer and initiated the entire network for triggering. Bloomberg says.
The markets
- There was no trade in the United States yesterday due to the national holiday S&P 500 Futures had dropped by 0.3% before the opening bell. The Vix The volatility index decreased by 6%. Bitcoin is back over 106,000 US dollars. South Korea Kospi Increased by 1.48% this morning. Hong Kong Hanging had increased by 1.26%. India Nifty 50 had increased by 1%. China SSE composite Was flat. The Stoxx Europa 600 had risen by 0.6% in early trade.
From the analysts
- Oxford Economics on the Fed: “The remarkable change in the statement of the (Fed) after the meeting is the mention that the uncertainty about the economic prospects” has decreased “. Although the potential composition of the fiscal package gives more clarity, the uncertainty of tariff policy can shift after the moment.
- Goldman Sachs on the Fed: “We only expect a reduction this year in December, followed by two more in 2026 up to a final rate of 3.5 to 3.75%. Although an earlier average is possible, we continue to expect that the peak-enamel effects on the monthly inflation will occur in summer and that the FOMC participants want a little more distance from them before they take up the installment cuts,” David Mericle and team.
- UBS about the Iran conflict: “The situation in the Middle East will probably contribute to market uncertainties, whereby signs of the United States could possibly prepare for Iran. While there are clear humanitarian consequences due to escalating military measures, without a sensible disorder of oil supply (or possibly shipping) not a meaningful disorder of the oil supply (or possibly shipping),” the economical consequences are limited, “according to Paul Donovan.
To the watercolor seal
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Almost a quarter of the Americans are “functionally unemployed” and highlights a big crack in the working industry by Brit Morse
In a reserved Walmart heir offer to save nature (while he achieves profit) after helping him to help him survive rare cancer diagnosis By Eleanor Pringle
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