The Evening: Inflation to Remain, Global Recession, Byrds Influence, and More

Inflation to Remain Elevated

​​​​​Treasury Secretary Janet Yellen said in Senate testimony that she expects inflation to remain elevated, underscoring the challenge facing the U.S. economy, as the WSJ reports.

Global Recession Amid Inflation and War

For large and small nations around the globe, the hope of averting a recession is fading, the World Bank warned on Tuesday, as the NYT reports.

Ukraine Wants Iron Dome

Ukraine wants to buy Israel’s mobile all-weather air defense system known as Iron Dome as well as its antitank missiles to aid in the war against Russia, as the Washington Post reports.

Executive Education

The rise of China has drawn growing attention in Washington to the role of economics in national security. In the Economics in National Security course, participants will learn about the range of economic policy tools available to U.S. policymakers, how these tools are used in support of broader strategic and economic objectives, and the implications for the private sector and other economic actors.

Video Shorts

Check out CSIS's YouTube Channel for the latest releases in our “Crisis Crossroads: Ukraine” video series.

In That Number

60

Ukraine said it needs 60 multiple-launch rocket systems to have a chance at defeating Russia.

Source: Washington Post

Critical Quote

“For many countries, recession will be hard to avoid.”

— David Malpass, president of the World Bank

iDeas Lab

A new case study from CSIS explores how Chinese diplomatic, regulatory, financial, and commercial actors work in concert to secure critical minerals in the West African nation of Guinea.

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: Alex Wong/Getty Images.)

U.S. Secretary of the Treasury Janet Yellen testifies before a Senate Finance Committee hearing to examine the Biden administration’s budget request for FY2023 for the Treasury Department.

Recommended Reading

“A Fault Line in the Pacific: The Danger of China’s Growing Sway over Island Nations” by CSIS’s Charles Edel, in Foreign Affairs.

This Town Tomorrow

At 10:00 a.m., join the CSIS Americas Program to discuss the imperative of social cohesion to generating economic growth in Latin America and the Caribbean.

Later, at 3:45 p.m., the CSIS Freeman Chair hosts a discussion of the new book, Getting China Wrong, authored by Aaron L. Friedberg.

And, at 11:00 a.m., Brookings Institution features leading French and American scholars to discuss Russia, France, and the global disorder.

Video

Earlier today, the CSIS Global Food Security Program launched their latest brief on food insecurity among U.S. veterans and military families. Watch here.

Podcasts

The Trade Guys discuss the latest European sanctions on Russia, what’s next for the IPEF, and Canada.

Listen on Spotify & Apple Podcasts.

Smiles

I’m not going to be able to get off my Byrds kick for a bit. To say that The Byrds have been an influential band to some of the most influential musicians who came after them is an understatement.