The Evening: NK Munitions to Russia, Fed Hike, How Sweet It Is, and More
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Good Evening,
It's Wednesday, November 2nd.
NK secretly shipped munitions to Russia
The United States on Wednesday accused North Korea of covertly shipping a “significant number” of artillery shells to Russia to aid its war effort in Ukraine, a sign that Moscow is increasingly turning to pariah states for military supplies as the grinding conflict persists, as the NYT reports
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Ethiopian government, Tigrayan forces agree to truce
The Ethiopian government and Tigrayan forces formally signed a truce Wednesday, the most significant breakthrough after two years of devastating war that threatened to tear apart Africa’s second-most-populous country, as the Washington Post reports
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Fed Approves Fourth 0.75-Point Rate Rise
The Federal Reserve lifted interest rates by 0.75 percentage point to combat inflation and signaled plans to keep raising them, though possibly in smaller increments, as the WSJ reports
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Executive Education
U.S. and Eurasian Security: The Challenges Ahead
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is a new program that will give participants a competitive advantage through in-depth analysis and insights into the major challenges to U.S. security across Eurasia.
Video Shorts
Check out CSIS’s new series of video shorts: “Data Unpacked,” “Testify,” “What's Happening,” “Preview,” and “High Resolution.” And don’t forget to subscribe to the CSIS YouTube Channel
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!
In That Number
.75
The Federal Reserve on Wednesday raised its benchmark policy rate by .75 percentage points for the fourth time in a row but hinted that it could slow the pace of future increases as recent aggressive hikes work their way through the economy.
Source: FT
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Critical Quote
“In September, the (Democratic People’s Republic of Korea) publicly denied that it intended to provide ammunition to Russia. However, our information indicates that the DPRK is covertly supplying Russia’s war in Ukraine with a significant number of artillery shells, while obfuscating the real destination of the arms shipments by trying to make it appear as though they are being sent to countries in the Middle East or North Africa.”
— John Kirby, National Security Council coordinator for strategic communications
iDeas Lab
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An interactive report
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by the CSIS Project on Prosperity and Development examines the role of payments in promoting inclusive, stable, and safe financial ecosystems.
The Andreas C. Dracopoulos iDeas Lab at CSIS enhances our research with the latest in cutting-edge web technologies, design, and multimedia.
Optics
(Photo by Phill Magakoe/Getty Images.) Redwan Hussein Rameto (L), Representative of the Ethiopian government, and Getachew Reda (R), Representative of the Tigray People's Liberation Front, shake hands over a peace agreement to resolve conflict in Ethiopia at the Department of International Relations and Cooperation offices in Pretoria on November 2, 2022.
Recommended Reading
"North Korea's Missile Crossed the Northern Limit Line
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" by CSIS's Ellen Kim.
This Town Tomorrow
At 9:30 a.m.
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, the CSIS Korea Chair presents an episode of "The Capital Cable" on this week's 54th U.S.-ROK Security Consultative Meeting in Washington.
And, at 2:00 p.m.
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, Brookings hosts a conversation on how to leverage consumer pressure for businesses to “do good” for long-term, sustainable change.
Later, at 3:30 p.m.
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, the Atlantic Council holds a discussion on the way forward for the electrification of U.S. military ground vehicles.
Video
This morning, the CSIS Wadhwani Chair in U.S.-India Policy Studies hosted a conversation on India’s G-20 priorities with Mr. Amitabh Kant, the G20 Sherpa for the Government of India. Watch the full event here.
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Podcasts
CSIS’s Scott Kennedy joins the podcast to discuss the 20th National Congress of the Chinese Communist Party and the new strategic direction that Chinese President Xi Jinping has set for the country.
Listen on Spotify
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& Apple Podcasts
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Smiles
If there’s one thing that the business people behind the Grateful Dead know, it’s that content is KING. The Grateful Dead, Dead & Co, and Jerry Garcia’s family estate regularly drop content for consumption in the form of live archival releases of audio and video, not to mention all the swag they sell.
The Garcia family dipped into the vault last week and released “Garcia Live Volume 19” which is a two-CD live set (16-song stream) by the Jerry Garcia Band. What’s notable about Volume 19 is it’s Garcia’s first performance after he became ill at the Dead stadium show at RFK in DC in ’92. The set list is comprised of songs Garcia covered by artists like Holland-Dozier-Holland of Motown fame, Peter Tosh, Chuck Berry, Daniel Lanois, The Band, Eric Clapton, Van Morrison, Warren Zevon, and Bob Dylan.
The Holland-Dozier-Holland tune, “How Sweet It Is To Be Loved By You,” which they wrote for Marvin Gaye, may be my favorite track on Vol.19. Alas there isn’t video of the exact performance on the new album, but “How Sweet It Is” was a Jerry Band staple for years. Here they are performing it in 1990. And it is sweet!
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I invite you to email me at
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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: Paige Montfort, Claire Dannenbaum, and Claire Smrt.
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Connect w/ H. Andrew Schwartz
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