The Evening: Inflation, Russian Gains, Won’t Get Fooled Again, and More

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Good Evening,

It's Tuesday, May 10th.

Biden Says Inflation Top Priority

President Biden on Tuesday said tackling inflation is his top economic challenge as gas prices surged to a new high despite White House efforts to stabilize them, as the Washington Post​​​ reports

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Russian Gains

While the war has fallen well short of President Putin’s grand ambitions of decapitating the government in Kyiv, there is also a harsh reality emerging for Ukraine: Russia is making some significant territorial gains, as the NYT reports

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U.S. Spy Chief Sees Putin Preparing for Long Fight in Ukraine, as Russia Strikes Odessa

The Russian military’s pullback to eastern and southern Ukraine after failing to rapidly take Kyiv is likely “only a temporary shift to regain the initiative,” U.S. Director of National Intelligence Avril Haines told lawmakers Tuesday in testimony before the Senate Armed Services Committee. Haines said Russia’s Vladimir Putin still seeks to control swaths of Ukraine beyond the eastern region known as the Donbas, after local authorities said Russian missiles struck the port city of Odessa overnight, as the WSJ reports

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Executive Education

The CSIS Accelerator Series

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is a comprehensive training program for rising professionals who wish to develop their leadership, management, communication, and other professional skills to help advance their career.

Video Shorts

Check out CSIS's YouTube Channel

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for the latest releases in our “Crisis Crossroads: Ukraine” video series.

In That Number

40 billion

The House of Representatives plans to vote early this week on a nearly $40 billion U.S. aid package for Ukraine.

Source: WSJ

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Critical Quote

“I know families all across America are hurting because of inflation. I want every American to know that I am taking inflation very seriously.”

— President Joe Biden

iDeas Lab

Many analysts expected Russian exports to drop by 2 to 3 million barrels per day beginning in April, but the actual disruption may have been just half this amount. Now, the EU is debating an embargo on Russian crude oil and petroleum. Learn more 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: John MacDougal/AFP/Getty Images.) German Chancellor Olaf Scholz and French President Emmanuel Macron wave as they visit the landmark Brandenburg Gate illuminated in the colors of the Ukrainian flag in Berlin.

Recommended Reading

"The Return of the Marcoses and the U.S.-Philippines Alliance

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" by CSIS's Gregory B. Poling.

This Town Tomorrow

At 10:00 a.m.

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, join the CSIS International Security Program for a conversation with Admiral Giuseppe Cavo Dragone, Italy's chief of defence, on the future of Italy's armed forces.

Then, at 3:00 p.m.

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, CSIS hosts Vietnamese Prime Minister Pham Minh Chinh, who will offer remarks on the state and future of the U.S.-Vietnam relationship.

And, at 9:00 a.m.

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, the Wilson Center hosts policymakers from Africa and the United States to discuss U.S.-AU engagement on critical issues of food security.

Video

Find out what's happening

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with China and the Solomon Islands after leaked details from a security document raised questions from the United States, Australia, New Zealand, and other regional states in Oceania about China's possible military ambitions in the South Pacific.

Podcasts

CSIS's Seth Jones discusses how Russia's war with Ukraine could become a "frozen conflict."

Listen on Spotify

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& Apple Podcasts.

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Smiles

The Who are out on tour across America right now. They’ve named the tour, “The Who Hits Back,” and it’s quite a spectacle. They even performed during the first weekend of Jazz Fest. My 18 year old asked me, “Dad, who is this band, The Who?” He saw them at Jazz Fest and sent me a text saying “Dad, this is ELECTRIC.” There are some rough, audience-filmed videos out there of The Who at Jazz Fest that prove him right.

But the best part is that now I can send my son clips like this one

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(that he will be receptive to) to show him just how electric the band once was.

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 with the External Relations team: Kendal Gee and Paige Montfort.

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Connect w/ H. Andrew Schwartz



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