The Evening: Assessing Leak Damage, Colorado River Proposal, Hell In A Bucket, and More Email not displaying correctly?
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Good Evening,

It's Tuesday, April 11th. 

Assessing Leak Damage

U.S. government agencies are working together to assess the fallout from a stunning leak of Pentagon documents that appeared to reveal, among other information, sensitive U.S. intelligence about the war in Ukraine, as The Washington Post reports

Biden Administration Proposes Evenly Cutting Colorado River Water Rations

After months of fruitless negotiations between the states that depend on the shrinking Colorado River, the Biden administration on Tuesday proposed to put aside legal precedent and save what’s left of the river by evenly cutting water allotments, reducing the water delivered to California, Arizona and Nevada by as much as one-quarter, as the NYT reports.

IMF Says Bank Volatility to Cut U.S. Economic Growth

Tighter bank lending prompted by the recent failure of two midsize American banks will slow U.S. economic growth this year, the International Monetary Fund estimated, warning that rising interest rates pose a threat to the global financial system as the WSJ reports.

Executive Education

In Red Teaming: Alternative Analysis and Risk Assessments for a Changing World, participants will work with CSIS scholars and learn how to apply time-tested techniques like argument mapping, assumption checks, pre-mortem analysis, and other methods to update baseline forecasts.

Video Shorts

Check out CSIS’s new series of video shorts: “The Recap,” “Data Unpacked,” “Testify,” “What's Happening,” “Preview,” and  “High Resolution.” And don’t forget to subscribe to the CSIS YouTube Channel!

In That Number

3.4

Total economic output is projected to increase 2.8% this year, a slowdown from 3.4% last year, as nations continue recovering from slumps caused by the pandemic and the war in Ukraine, the IMF said in its latest World Economic Outlook report. 

Source: WSJ

Critical Quote

“Because regional and smaller banks in the United States account for more than one-third of total bank lending, a retrenchment from credit provision could have a material impact on economic growth and financial stability.”

—International Monetary Fund

iDeas Lab

CSIS Satellite Imagery
Last month, OPEC+ made a surprise production cut, suggesting concerns about a rapid price sell-off and shift in market sentiment, writes the CSIS Energy Security and Climate Change Program.  

The Andreas C. Dracopoulos iDeas Lab at CSIS enhances our research with the latest in cutting-edge web technologies, design, and multimedia.

Optics

CSIS
(Photo credit: Greg Baker/AFP/Getty Images.) A People's Liberation Army (PLA) Navy landing ship sails towards the zone where China said it would conduct live fire exercises northeast of Pingtan island, the closest point in China to Taiwan, in Chinas southeast Fujian province on April 10, 2023.

Recommended Reading

Export Controls and Intangible Goods​​​​​​” by CSIS's Emily Benson and Margot Putnam.

This Town Tomorrow

At 1:00 p.m., The Wilson Center and PBS's Culture Quest host a discussion on Ukraine's cultural response to the war.

After, at 1:15 p.m., the Atlantic Council hosts Deborah Lee James, former Secretary of the Air Force, and Mark Esper, former Secretary of Defense, to discuss a new report on the challenges the United States faces in maintaining its technological and military advantage.

Later, at 4:00 p.m., The Stimson Center hosts a book talk on Chasing Giants: Saving the World’s Largest Fish to discuss monster fish conservation.

Video

CSIS's James Andrew Lewis sat down with NSA Cybersecurity Director Rob Joyce to discuss work against cyber threats to the Department of Defense, National Security Systems, and the Defense Industrial Base. Watch the full video here.

Podcasts

Cyber from the Start
The Trade Guys discuss the G7 trade ministers meeting, WTO reform, the CPTPP, and what’s going on between the U.S. and China.

Listen on Spotify & Apple Podcasts.

Smiles

“I may be going to hell in a bucket
But at least I’m enjoying the ride.”

Bob Weir is one of the greatest country-rock singers in history. In his day with the Grateful Dead, he could hold his own with anyone who rocked out the Bakersfield sound. The songs Weir wrote with his late lyricist John Perry Barlow like “Cassidy,” “Black-Throated Wind,” and “Hell In A Bucket” are masterwork cowboy tunes that stand fresh today when Weir performs them with his band “Wolf Bros Trio.” If you move the timeline on this video to 1:45 in, you will be treated to a truly special “Hell In A Bucket” that Weir and the band performed last week. Also if I were you I would stick around for “Mississippi Half-Step Uptown Toodeloo” and “West L.A. Fadeaway” as well.
I invite you to email me at [email protected] and follow me on Twitter @handrewschwartz
The Evening is my daily guide to key insights CSIS brings to the events of the day. It is composed with the External Relations team: Paige Montfort, Claire Dannenbaum, and Claire Smrt.

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