Daily News Brief
April 03, 2020
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Editor’s note: CFR is fully operational. Due to the pandemic, all in-person events are suspended. Find all of CFR’s coronavirus-related resources here. ​
Top of the Agenda
Trump to Meet With Oil Executives to Address Industry Crash
U.S. President Donald J. Trump is set to meet with executives (WSJ) from U.S. oil companies at the White House today to discuss strategies to help the industry amid a bruising price war between Russia and Saudi Arabia. 

Oil prices plunged after Russia and Saudi Arabia announced they would boost production in early March amid plummeting demand due to coronavirus lockdowns. Washington has urged Moscow and Riyadh (NYT) to cap production, and the Organization of the Petroleum Exporting Countries (OPEC) is set to meet Monday (CNN) with Russia and other producers. The U.S. oil industry is divided on whether to support government intervention such as tariffs on foreign crude imports or a production cap inside the United States. 
Analysis
“Mr. Trump’s unusual oil diplomacy and his eagerness to claim a victory reflects his growing anxiety about the United States’ coronavirus-gripped economy. It also underscores his sudden reliance, after years of happy talk about growing American energy independence, on foreign oil industries,” Michael Crowley, Clifford Krauss, and Andrew E. Kramer write for the New York Times.

“Even if Russia and Saudi Arabia agree to cooperate, any short-term recovery in oil prices could be tenuous, depending on the pandemic’s continuing severity. And if prices stay low for much longer, leaders of the G-20 and the international financial institutions will have yet another problem to worry about: sovereign debt risk emanating from nations whose economies are overly dependent on oil,” CFR’s Amy Myers Jaffe writes for Foreign Affairs.

Pacific Rim
Beijing, Washington Relax Hawkish Language
Leaders in Beijing and Washington have dialed down (NYT) confrontational comments about the other’s response to the new coronavirus in recent days after advisors on both sides urged cooperation.
 
Malaysia: The country’s month-old government is replacing and adding officials (Straits Times) at state agencies ahead of a parliamentary session in May, upping ministry and deputy positions from fifty-five to seventy in a reported effort to please allies.
 
CFR’s Joshua Kurlantzick looks at the recent upheaval in Malaysian politics.

South and Central Asia
Afghanistan Begins Prisoner Swap With Taliban
Afghan officials reportedly authorized the release (Reuters) of one hundred Taliban prisoners in exchange for the Taliban’s release of twenty security force members. The swap is a critical confidence-building measure in the U.S.-Taliban peace deal.
 
In Foreign Affairs, David Petraeus and Vance Serchuk discuss the dangerous asymmetry at the heart of the Afghan peace deal.
 
India: Prime Minister Narendra Modi asked state officials for suggestions on how to execute a staggered exit (Economic Times) from a national lockdown that ends April 14.

Middle East and North Africa
Twitter Removes Accounts in Several Countries Pushing Pro-Government Content
Twitter took down (AFP) thousands of accounts in Egypt, Honduras, Indonesia, Saudi Arabia, and Serbia that it said promoted pro-government content.
 
Israel: Authorities locked down (Reuters) a town near Tel Aviv where some ultra-orthodox rabbis encouraged residents to ignore virus-prevention guidelines and an estimated 38 percent of residents may have the coronavirus.

Sub-Saharan Africa
Police Remove Hundreds of Migrants From Cape Town Church
South African police reportedly transferred hundreds of migrants from a Cape Town church to a temporary camp (AP) outside the city. The migrants had previously asked authorities to relocate them to other countries due to xenophobic harassment.
 
Ethiopia: The government loosened regulations on mobile money transfers (BBC) so that Ethiopians could avoid using cash during the coronavirus crisis.

Europe
EU Court Rules Three Countries Broke Law on Refugees
The European Court of Justice ruled the Czech Republic, Hungary, and Poland broke EU law (BBC) by refusing to take in refugees as designated in a 2015 agreement. The countries could now receive hefty fines.
 
North Macedonia: The North Atlantic Treaty Organization (NATO) officially welcomed (Reuters) North Macedonia as its thirtieth ally.
 
This CFR Backgrounder looks at NATO.

Americas
Panama, Peru Enact Gender-Based Limits on Leaving House
Panama and Peru announced that different time slots (Reuters) will be allotted for men and women to leave the house in an effort to slow the spread of the coronavirus.
 
Brazil: The Brazilian government ordered more than $228 million worth of medical supplies (Reuters) from China after four other countries were reportedly unable to fulfill its request.
Friday Editor’s Pick
The Atlantic looks at how the coronavirus spreads and the debate over the effectiveness of wearing masks.
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