MNI POLITICAL RISK ANALYSIS – US Daily Brief 20-05-22

Executive Summary:

• President Joe Biden has kicked off the first Asia visit of his presidency with a tour of a Samsung factory this morning. Biden will use the four-day tour of South Korea and Japan to reinforce bilateral relationships and ‘strengthen its coordination and cooperation with allies and partners in order to deal with China more effectively.’
• Biden will head to Japan this afternoon for meetings with Japanese Prime Minister Fumio Kishida and officially unveil the Indo-Pacific Economic Framework, a new initiative to bolster trade and supply chains in the region.
• Joint Chiefs of Staff Chairman General Mark Milley and Russia's Chief of General Staff Valery Gerasimov and held a phone call yesterday to discuss areas of mutual interest.
• New York’s new congressional map is scheduled to be released today after the previous map was struck off for Democrat gerrymandering. The map could cost Democrats at least two House seats in November.
• House Democratic Caucus Chair Hakeem Jeffries (D-NY) said: ‘We find ourselves in an all-hands-on-deck moment,’ and the proposed changes took ‘a sledgehammer to Black districts. It’s enough to make Jim Crow blush.’
• President Biden is reportedly considering a June meeting with Saudi Crown Prince Mohammed Bin Salman to urge the Kingdom to cool global oil prices.
• Poll of the Day: Betting markets are predicting a clear victory for former president Donald Trump over President Biden in the 2024 presidential elections, should they both chose to run.

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MNI POLITICAL RISK ANALYSIS – US Daily Brief 20-05-22 .pdf