MNI POLITICAL RISK ANALYSIS - US Daily Brief 12-04-23

Executive Summary:

• 08:00 ET 13:00 BST: President Joe Biden will conclude the brief UK leg of his Ireland tour today with remarks at Ulster University in Belfast following a coffee meeting UK Prime Minister Rishi Sunak.
• A strong reaction from the Republic of Korea to the Pentagon data leak is threatening to undermine President Yoon Suk-yeol’s upcoming state visit to Washington where he is scheduled to address a joint session of Congress.
• The White House downplayed one of the most explosive revelations of the Pentagon leak, that Egypt planned to covertly produce and transfer 40,000 rockets to Russia.
• French President Emmanuel Macron’s China remarks are threatening to drive a wedge between US-EU messaging on China.
• Senator Tim Scott (R-SC) is expected to launch a presidential exploratory committee today, “marking a big step toward officially entering 2024 White House race.”
• The US Energy Information Administration yesterday predicted that non-OPEC countries will account for a higher proportion of oil production gains over the next two years.
• Poll of the Day: Only 10% of respondents say federal government actions have helped alleviate the biggest concern facing their family.

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MNI POLITICAL RISK ANALYSIS - US Daily Brief 12-04-23 .pdf