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Good Evening,

It's Thursday, May 28th.

Worldwide Numbers Increase

The coronavirus pandemic’s pace is quickening worldwide, with nearly 700,000 new known infections reported in the last week after the pathogen found greater footholds in Latin America and the Gulf states. The virus has infected more than 5.7 million people around the world and killed at least 357,000, according to data compiled by the New York Times.

White House Won’t Release Economic Projections

White House officials have decided not to release updated economic projections this summer, opting against publishing forecasts that would almost certainly codify an administration assessment that the coronavirus pandemic has led to a severe economic downturn, as the Washington Post reports.

China Overrides Hong Kong’s Autonomy

China’s legislature approved a resolution to impose national-security laws on Hong Kong, overriding the territory’s partial autonomy in a bid to crush anti-Beijing protests that have challenged Chinese leader Xi Jinping, as the WSJ reports.

Climate Check

"In climate negotiations, just transitions are now often considered a necessary condition for large-scale support for climate action," write CSIS and the Climate Investment Funds in a new commentary.

CSIS Executive Education

CSIS’s flagship course on Understanding Washington is now being offered in a real-time online format from June 8 to 10. This format eliminates the need for travel and includes a reduction in tuition. We recommend this course to corporate and government professionals responsible for their organization’s government relations portfolio. Register here.

Video Shorts

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

In That Number

40 Million

More than 40 million Americans have filed for first-time unemployment benefits since the coronavirus pandemic forced the US economy to shut down in March. One in four American workers has filed for unemployment insurance.

Source: CNN Business

Critical Quote

“Hong Kong now may have to be treated the same way as China is treated, and that has implications for tariffs and that has implications for financial transparency and stock market listings, and related matters.”

— National Economic Council Director Larry Kudlow

iDeas Lab

CSIS
As of today, there have been 14,604 confirmed cases of Covid-19 within the Department of Defense. Visit our Defense360 microsite to learn more about how the Department is responding to the pandemic.

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: Doug Mills-Pool/Getty Images). President Trump today in the Oval Office before signing an executive order related to regulating social media.

Recommended Reading

"What U.S. National Strategy Should Look Like In The Wake Of Coronavirus," by John Poindexter, Robert McFarlane, and Richard Levine.

Online Events

Tomorrow, at 9:30 a.m., CSIS will host Lieutenant General Jack Shanahan, director of the Defense Department’s Joint Artificial Intelligence Center, to discuss the Pentagon's efforts to integrate AI into defense and intelligence operations.

Also, at 12:00 p.m., CSIS will host Jennifer Kates of the Kaiser Family Foundation and Anton Pozniak of the International AIDS Society to discuss what to expect from the upcoming 2020 International AIDS Conference.

And, at 9:00 a.m., the Washington Post will host former British prime minister Gordon Brown and former U.S. treasury secretary Lawrence H. Summers to discuss how the global economy can recover from the Covid-19 pandemic.

Video

In the changing landscape of modern warfare, the United States and its allies are grappling with how to best build cooperative security capacity. A new CSIS PreView explores the current approach to capacity building and sheds light on how to pursue more effective partnerships to tackle hybrid warfare environments. Watch the video here.  

Podcasts

Die Welt
In the second episode of The Reopening, billionaire investor Leon “Lee” Cooperman, chairman and CEO of Omega Advisors, joins Scott Miller and I to discuss the future of the stock market, investing, capitalism, the U.S. economy, future of work, and decoupling with China.

Listen on Apple PodcastSpotify

Smiles

We’ve been catching up on some fantastic television in my house. I’d been wanting to watch Pamela Aldon’s show “Better Things” for a long time, but it just didn’t make it into our rotation. Finally, spurred on by the excellent New Yorker review of the show’s new season (season 4), we dove in. I’m so glad we did.  It’s a powerful, emotionally present show. Aldon is awesome—she looks a lot like my wife and is funny like my wife too, so I’m mesmerized by her performance. 
 
The music in the show is off the charts. It’s set in LA’s Hollywood Hills and has the kind of soundtrack that belongs there. In a season 4 episode, I “discovered” my favorite new band, LA-based Valley Queen. The episode opens with this Valley Queen track, “Pulled By The Weather.”  All I can say is turn it up loud.  https://www.youtube.com/watch?v=tW3FBa59kpk
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: Emma Colbran, Caleb Diamond, and Brad Honigberg.

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