The Evening: Vaccine Testing, Fed Rates, Concrete Jungle and More Email not displaying correctly?
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Good Evening,

It's Wednesday, June 10th.

Pivotal Vaccine Testing This Summer

The federal government plans to fund and conduct the decisive studies of three experimental coronavirus vaccines starting this summer.  Meant to determine a vaccine’s safety and effectiveness, they would mark the final stage of testing, as the WSJ reports.

Fed Rates Unchanged

The Federal Reserve left interest rates unchanged and near zero on Wednesday as the central bank projected a slow economic recovery from the pandemic-induced recession.  In their first economic projections this year, Fed officials indicated that they expected the unemployment rate to end 2020 at 9.3 percent and remain elevated for years, coming in at 5.5 percent in 2022, as the NYT reports.

Indian-Chinese Standoff

Indian and Chinese military commanders made progress in talks on Wednesday to defuse a standoff along their disputed border in the western Himalayas after pulling back some troops in confidence-building gestures, as Reuters reports.

On the Horizon

On the Horizon banner image

Covid-19 has turned our way of life upside down. How can researchers reassess their work in light of the pandemic?

CSIS’s “On the Horizon” series offers insights into the more fundamental changes we might anticipate for our future social and economic world as a consequence of the Covid-19 pandemic.

CSIS Executive Education

Enrollment is now open for CSIS and Syracuse University’s joint Executive Master’s in International Relations. This first-of-its-kind degree allows working professionals in the nation’s capital to benefit from the academic strengths of the #1 graduate school in public affairs and the policy know-how of #1 think tank in the U.S. Learn more and apply today.

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

21

Virus cases surpassed 2 million in the U.S., and are increasing in 21 states amid efforts to reopen.

Source: NYT

Critical Quote

“Is that what a black man’s life is worth? Twenty dollars?”

— Philonise Floyd, brother of George Floyd today before the House Judiciary Committee

iDeas Lab

CSIS
Estimates attribute 700,000 deaths globally per year to resistant infections. By 2050, 10 million lives a year and $100 trillion of economic output could be at risk.

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: Win McNamee/Getty Images). Barriers and temporary fencing are removed from the south side of the White House complex.

Recommended Reading

The Missile War in Yemen,” by CSIS's Ian Williams and Shaan Shaikh.

Online Events

Tomorrow, at 10:00 a.m., CSIS will webcast a discussion about social distancing and public health measures and their effect on livelihoods in sub-Saharan Africa.

Later, at 1:00 p.m., CSIS will host a panel discussing the changes in Latin America due to Covid-19 and what the “new normal” will be for the region.

And, at 12:30 p.m., Johns Hopkins University Paul H. Nitze School of Advanced International Studies (SAIS) will host a discussion with Professor Mark Gilbert, Professor of History and International Studies, about post-Covid politics.

Video

External powers, including the United States and China, have ramped up engagement with Southeast Asia and now compete for influence in the region. Watch the latest PreView on Powers, Norms, and Institutions in Southeast Asia.

Podcasts

Die Welt
In the fourth episode of the Reopening, Scott Miller and I speak with Ajay Banga, President & CEO of Mastercard, about financial inclusion, consumer trust, and technology’s role in growth and recovery.

Listen on Google Play, Spotify, & Apple Podcasts.

Smiles

I’m always awestruck when I come across footage of Bob Marley performing—especially clips that I haven’t previously seen. This is one of those clips.
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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