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Neal Freiman

๐Ÿ‘ค Speaker
26416 total appearances

Appearances Over Time

Podcast Appearances

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

Toby, we've seen it in the business world.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

We're seeing it in geopolitics.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

Once you secure strategic dominance, the next step is to monetize.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

Yeah, let's talk about that.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

So I'm sure you're listening to this thinking, is this legal?

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

And according to the United Nations Law of the Sea Treaty, not likely.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

States can charge reasonable non-discriminatory fees for specific services that they render in the waterways around them, things like pollution mitigation and just maintenance.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

They can service your ship and then charge it for it.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

But they actually have to provide a service without that particular service.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

And this service, in this case, is just letting you go through a waterway.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

It seems to be not legal.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

And if you're thinking, OK, what about the Suez Canal or the Panama Canal?

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

Panama charges ships to go through.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

Well, actually, those are constructed and operated by sovereign states.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

So they are allowed to because they have constructed, maintained and operated these waterways rather than the Strait of Hormuz, which, to my knowledge, has been formed naturally.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

Okay, let's talk about Starbucks because I think I understand coffee a little more than...

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

AI this is part of Brian Nichols plan to turn around Starbucks is investing in employees investing in the service of these locations they've already spent about 500 million dollars since launching their uh his big return just back to Starbucks uh plan on employees and adding more of them essentially during the busiest time there's a coach position that is that has been included to uh Starbucks that that

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

will help out the store manager to keep locations moving smoothly.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

And Starbucks says that this new tipping system and this new quarterly bonus system will increase compensation by 5% to 8% on top of current pay.

Morning Brew Daily
Americans are Ditching Summer Travel Plans & Iran Sets Up Tollbooth for Strait of Hormuz

Nickel has been around for a year and a half now, and things have been OK.