MNI POLITICAL RISK ANALYSIS - US Daily Brief 18-01-23

Executive Summary:

• The US Treasury Department will tomorrow begin using “extraordinary measures” to continuing paying the government’s financial obligations as Democrats and Republicans engage in a partisan squabble over raising the federal debt limit.
• It has been a hectic week of diplomatic activity surrounding the war in Ukraine. Inside: A summary of the events of the week and what to expect on Friday when the Ukraine Contact Group meets at the Ramstein Air Base in Germany.
• Discussions are set to continue at the World Economic Forum in Davos on the Inflation Reduction Act. US Trade Rep Katherine Tai's job is to convince European officials that the IRA doesn’t represent a threat to European industry and prevent Europe committing to a similar raft of legislative provisions which could initiate a damaging trade war.
• US Secretary of State Antony Blinken will travel to China in early February for a first meeting with former Chinese ambassador to the US Qin Gang in his new role as foreign minister.
• Poll of the Day: Former President Donald Trump holds a significant lead amongst Mississippi Republicans in a hypothetical Republican presidential primary matchup with Florida Governor Ron DeSantis (R-FL).

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MNI POLITICAL RISK ANALYSIS - US Daily Brief 18-01-23 .pdf