The Evening: Pope Leo, U.S.-UK Trade Deal, Shakedown Street, and More

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Good Evening,

It's Thursday, May 8th.

Pope Leo

Robert Francis Prevost was elected the 267th pope of the Roman Catholic Church on Thursday, becoming the first pope from the United States and defying a longstanding belief that church leaders would never select a pope from a global superpower that already has considerable influence in world affairs, as the NYT reports

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U.S. and UK Unveil Trade Deal

President Trump said Thursday his administration and the UK agreed to the outlines of a deal on trade, the first in what the White House hopes will be a series of agreements in the wake of U.S. tariffs imposed on allies and adversaries alike, as the WSJ reports

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Pakistan-India Tensions Mount

India and Pakistan accused each other Thursday of further hostile acts, including drone attacks, as the nuclear-armed neighbors edged closer to a head-on military confrontation, as The Washington Post reports

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Executive Education

A confrontation with China could reshape the global order. Analyze China’s military rise and test U.S. response strategies in Meeting China’s Military Challenge

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. Join CSIS experts from June 3 to 4, 2025, for expert briefings and an interactive wargame. Register

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by May 28.

Audio Briefs

CSIS now offers audio versions of our latest analysis. Listen to the latest Critical Questions by CSIS's Caitlin Welsh, Emma Dodd, and Joseph Glauber, "Ceasefire Talks: What’s at Stake for Ukraine’s Agriculture Sector and Global Food Security?

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In That Number

27.5%

Under the new trade deal with the United States, the United Kingdom will be able to export 100,000 cars to the United States annually that will pay a 10% tariff, down from its current 27.5%, according to the UK government.

Source: AP

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Critical Quote

“I will tell you that China very much wants to make a deal. We’ll see how that works out.”

—President Donald Trump

iDeas Lab

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Following the invasion in February 2022, Putin readied strategic Russian nuclear forces and threatened the use of nuclear weapons to defend its territory. By some accounts, nuclear war was only avoided by stern warnings from the U.S. national security advisor and a message from President Biden. Read the new digital report here.

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

Optics

(Photo credit: Alberto Pizzoli/AFP/Getty Images.) Newly elected Pope Leo XIV, the first pope from the United States, arrives on the main central loggia balcony of the St Peter's Basilica for the first time after the cardinals ended the conclave, in the Vatican City, on May 8, 2025.

Recommended Reading

"G7 Cooperation to De-Risk Minerals Investments in the Global South

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" by CSIS's Gracelin Baskaran and Meredith Schwartz.

This Town Upcoming

Tomorrow at 10:00 a.m.

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, the CSIS Defense and Security Department breaks down key insights from the Russia-Ukraine conflict which has reshaped modern warfare.

On Monday, at 10:00 a.m.

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, the CSIS Economics Program and Scholl Chair in International Business hosts a conversation with seven former United States Trade Representatives.

Also on Monday, at 2:30 p.m.

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, the CSIS Intelligence, National Security, and Technology Program discusses Strategic Trends 2025: Key Developments in Global Affairs, a new report by the Center for Security Studies at ETH Zürich.

Video

The Philippines faces rising energy costs and growing demand, but how can it build a more reliable, affordable power grid? This episode of the U.S. Investment in the Philippines Series spotlights the country’s clean energy push and how U.S. solar and nuclear partnerships are helping power its future. Watch the full video here.

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Podcasts

CSIS Australia Chair's Charles Edel joins the podcast to discuss the Australian elections and what it means for the Trump administration and the United States.

Listen on Spotify

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& Apple Podcasts

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Smiles

More smiles from Jazz Fest. One of the greatest things about Jazz Fest and the “Daze Between” the two weekends of “festin’” is that Grateful Dead world meets New Orleans funk. Last week, a group of Dead influenced musicians, including current Dead and Company drummer Jay Lane, took the state to perform in tribute to the late Phil Lesh. Enjoy this super funky version of Dead classic “Shakedown Street

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I invite you to email me at [email protected]

mailto:[email protected]

and follow me on Twitter @handrewschwartz

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The Evening is my daily guide to key insights CSIS brings to the events of the day. It is composed by Lauren Adler, Ava Rose, and the External Relations team.

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