The Evening: More Aid to Ukraine, Fed to Raise Rates, I Shall Be Released, and More

Putin Orders Blockade; Biden Announces More Aid

Putin ordered Russian forces on Thursday to blockade the steel plant in Mariupol where Ukrainian troops were holding out rather than storm it, claiming a victory in the strategic southeastern port on a day when President Biden announced an additional $800 million in military aid to Ukraine, as the NYT reports.

CDC Nationwide Alert on Hepatitis Cases in Children

The Centers for Disease Control and Prevention issued a nationwide health alert Thursday about an unusual cluster of serious hepatitis cases in young children for which the cause or causes is not known, as the Washington Post reports.

Fed Chair Signals Half-Point Raise

Federal Reserve Chairman Jerome Powell signaled the central bank was likely to raise interest rates by a half percentage point at its meeting next month and indicated similar rate rises could be warranted after that, as the WSJ reports.

Executive Education

Dive deep on policy issues and trends, learn to spot drivers of change and model future scenarios with renowned foresight experts, and put your skills to the test in a dynamic crisis simulation in Global Foresight: Preparing for Future Trends, a CSIS Executive Education course.

Video Shorts

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

In That Number

$15 billion

Ukraine needs $15 billion over next three months, says IMF.

Source: Financial Times

Critical Quote

"Sometimes we will speak softly and carry a large javelin.”

— President Joe Biden

iDeas Lab

"Crisis Crossroads" highlights timely analysis by CSIS scholars on the evolving situation in Ukraine and its security, economic, energy, and humanitarian effects (Photo credit: Alexey Furman/Getty Images).

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: Win McNamee/Getty Images.)

U.S. President Joe Biden meets with Secretary of Defense Lloyd Austin, Chairman of the Joint Chiefs of Staff Gen. Mark Milley, and members of the Joint Chiefs of Staff to discuss the current situation in Ukraine.

Recommended Reading

"Five Years Later, French Face Same Contest but Different Odds" by CSIS's Donatienne Ruy.

This Town Tomorrow

At 8:30 a.m., join the Atlantic Council for a discussion on the 2022 IMF and World Bank Group Spring meeting key takeaways and the economic situation on the African continent.

And, at 9:00 a.m., the Wilson Center hosts an event on how, and why, China-U.S. relations have worsened since 2012.

Then, at 10:00 a.m., the German Marshall Fund holds a discussion on the global economic impact of Russia's war on Ukraine.

Video

Today, the CSIS Korea Chair hosted a discussion about the Korea Baseball Organization (KBO). Since its creation in 1982, the KBO has grown domestically and internationally, increasing South Korea’s soft power abroad.

Podcasts

The latest episode of Coronavirus Crisis Update, "What is Happening in Shanghai Has its Impacts Felt All Over the World," is out now. In this episode, Dr. Yanzhong Huang joins Steve Morrison to discuss China’s immunity gap, its “dynamic Zero-Covid approach,” the spread of BA-2, supply chain disruptions and economic consequences, and more.

Listen on Spotify & Apple Podcasts.

Smiles

For over 50 years, the Nitty Gritty Dirt Band has been bridging the gap between country and rock and roll with their brand of Americana music. Next month, they’ll release a new album of Bob Dylan covers, “Dirt Does Dylan.” Here’s a preview of one of the Dylan tracks, “I Shall Be Released,” with special guests Rebecca and Megan Lovell of the roots rock band Larkin Poe.