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Executive Summary:

  • 09:15 ET 13:15 GMT: US President Joe Biden will deliver remarks on the collapse of Silicon Valley Bank.
  • President Biden, UK Prime Minister Rishi Sunak, and Australian Prime Minister Anthony Albanese will make a major announcement today on a landmark submarine deal under the AUKUS defence partnership.
  • Former Vice President Mike Pence has criticised his former running mate, Donald Trump, in remarks at the annual Gridiron Club Dinner in Washington, DC.
  • Donald Trump’s former lawyer, Michael Cohen, will testify today before a New York grand jury on alleged hush-money payments made on Trump’s behalf.
  • The Biden Administration is expected to approve the huge Alaskan oil Willow project today.
  • A Chinese brokered deal by Iran and Saudi Arabia to restore diplomatic relations has raised concerns in Washington about a marginalisation of US influence in the region.
  • North Korea announced yesterday that it had tested submarine-fired cruise missiles as the US and South Korean militaries kick off their largest joint exercises in years.
  • Poll of the Day: The number of Americans who view the Russian military as a critical threat to the US has fallen significantly since last year.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 13-03-23 .pdf

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