MNI POLITICAL RISK ANALYSIS – US Daily Brief 06-04-22

Executive Summary:

• US Secretary of State Antony Blinken is in Brussels to attend another NATO foreign ministerial. Blinken will also join a G7 ministerial and hold formal and informal discussions with ‘allies and partners’.
  • 05:00 ET 10:00 BST: Blinken meets with Belgian Foreign Minister Sophie Wilmes.
  • 11:00 ET 16:00 BST: Blinken meets with Australian Foreign Minister Marise Payne.
  • 12:30 ET 17:30 BST: Blinken meets with French Foreign Minister Jean-Yves Le Drian, German Foreign Minister Annalena Baerbock, Italian Foreign Minister Luigi Di Maio, and UK Foreign Secretary Lizz Truss.
  • 13:55 ET 18:55 BST: Blinken meets with NATO Secretary General Jens Stoltenberg.
  • 14:30 ET 19:30 BST: Blinken participates in a 'NATO Foreign Ministerial Working Dinner on Strategic Concept'.
• The US is preparing to announce another tranche of sanctions on Russia. White House Press Secretary Jen Psaki said: ‘Tomorrow, what we're going to announce... in coordination with the G7 and EU, an additional sweeping package of sanctions measures that will impose costs on Russia and send it further down the road of economic, financial, and technological isolation.’
• The US has started blocking Russia from making debt payments using dollars held in American banks.
• 10:30 ET 15:30 BST: Oil and Gas CEO's will be grilled at a House Energy and Commerce Committee hearing titled ‘Gouged at the Gas Station: Big Oil and America’s Pain at the Pump.’
• Senate Majority Leader Chuck Schumer’s (D-NY) crucial week of Senate business is looking uncertain. Schumer had intended to confirm Biden’s SCOTUS nominee Judge Ketanji Brown Jackson, pass a USD$10 billion COVID-19 relief package, and clear a bill to revoke Russia’s preferred trade status.

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MNI POLITICAL RISK ANALYSIS – US Daily Brief 06-04-22 .pdf