The Monocle Minute

Tracksmith x Monocle logo

Today’s top stories, opinion and opportunities
Friday 2 November 2018

Society

Image: Getty Images

Strong words

Divisive discussion point: should Steve Bannon be given a public forum?

Steve Bannon is working the speakers circuit with varying degrees of success. In September he was dropped from the schedule at the ‘New Yorker’ festival and on Tuesday he led a rally in Kansas that, reportedly, attracted a total of 25 attendees. Today he is expected to face off against David Frum of ‘The Atlantic’ at the Munk Debates in Toronto. The decision to bill Donald Trump’s former chief strategist in public discussions is seldom taken without outcry and this week has been no different. Many argue that his populist rhetoric incites intolerance and should not be countenanced; the counter claim is that silencing him would be to silence the debate itself. In this case, the organisers of the Munk Debates have rightly defended his inclusion by saying that the divides plaguing a polarised globe must be discussed to be resolved.

Geopolitics

Image: Getty Images

Friends and foes

Why are Cuba and Russia in cahoots – and is the US feeling left out?

A meeting eerily reminiscent of the sides taken during the Cold War is to take place today in Moscow, as Cuba’s newly elected president Miguel Díaz-Canel meets Vladimir Putin. While the pair are expected to discuss ways to deepen economic ties (and cut one or two weapons deals) the meeting is as much about posturing to the US as it is about shoring up a partnership. “As relations with the US have deteriorated, this sends a signal that Cuba still has friends,” says Dr Aglaya Snetkov, author of ‘Russia's Security Policy Under Putin: A Critical Perspective’. “It’s also a way for Russia to let the West know that sanctions are not hurting them – it can bolster trade relations beyond its immediate borders”.

Finance

Image: Calle Huth Studio

Flashing the cash

How Norway’s new banknotes are on the money.

In a world where physical cash is becoming less common, Norway’s celebration of the humble bank note shows its enduring symbolic value. This week the second batch of a series of beautifully designed new notes (courtesy of Norwegian studios Snøhetta and Metric) were put into circulation. Featuring imagery reflecting the seafaring culture of the Nordic nation, the NOK50 and NOK500 notes are as much handsome postcards as they are transactional devices. While Norway is one of the world’s most debit-card-driven nations (fewer than 10 per cent of transactions here are made using cash), its government has been clever in harnessing the power of physical currency to drum up national pride and highlight the nation's design-minded chops to visitors.

Fashion

Wrong fit

Zozo has decided that its bodysuit is a no-no. Was it ever the answer to online-retail disappointment or just a calculated fad?

The Zozosuit has officially gone out of fashion. This week Japan’s biggest ecommerce company announced that its polka-dotted spandex bodysuit would be canned. Long heralded as the solution to poorly fitting internet purchases, the idea was that the outfit would allow wearers to scan their body shape and then shop through an app to buy perfectly proportioned suits, jeans and button-down shirts. But in a surprise announcement on Wednesday, Zozo CEO Yusaku Maezawa (pictured) said that he would be phasing out the invention. The reason? Zozo now says that it can get an equally accurate measurement of your frame just by knowing your height and weight, thanks to the mystifying capabilities of AI and big data. Customers and investors are justifiably puzzled: did Maezawa ever want it to catch on or was it just a finely tailored PR ploy?

From Monocle 24

Image: Shutterstock

Trump’s predictable October surprise

Foreign Desk Explainer

Although the group of asylum seekers travelling towards the US from Central America is real, the threat they pose to American citizens is not. With only a few days until the midterm elections, it doesn't take a political scientist to work out why Donald Trump has decided that now is the time to react – by sending more than 5,000 troops to the border with Mexico. Andrew Mueller asks why voters keep buying Trump’s lies.

From Monocle Films

Stockholm: The Monocle Travel Guide Series

Set in a glittering archipelago, Stockholm is one of our favourite summer getaways. Monocle's travel guide will help you locate Stockholm’s best hotels and most delectable restaurants, and show you what else to discover tucked away from the Swedish capital’s charming waterfront. Published by Gestalten, The Monocle Travel Guide to Stockholm is available now at The Monocle Shop.

/

sign in to monocle

new to monocle?

Print magazine subscriptions start from £55.

Subscribe now

Loading...

/

15

15

Live

00:00 01:00