MNI POLITICAL RISK - Debt Limit Bill Heads To Biden's Desk

Executive Summary:

• The months-long showdown over suspending the USD$31.4 trillion US federal government debt ceiling is nearing its conclusion after the Senate worked in double-quick time yesterday to synch with the House of Representatives and send the bipartisan Fiscal Responsibility Act to President Biden’s desk.
• The Shangri La Security Dialogue, one of the most significant events on the international security calendar, kicks off today with no sign of a meeting between US Defense Secretary Lloyd Austin and his Chinese counterpart Li Shangfu.
• US Secretary State Antony Blinken delivered remarks in Helsinki this morning pledging to support third-party effort to mediate the war in Ukraine.
• The US State Department has outlined US countermeasures to Russia’s withdrawal from the New START nuclear treaty.
• The US is reportedly in talks to develop Saudi Arabia's civilian nuclear programme.
• A meeting between President Biden and Danish Prime Minister Mette Frederiksen on Monday may determine whether Frederiksen will replace Secretary General Jens Stoltenberg when he steps down from the top job at NATO in September.
• Poll of the Day: Florida Governor Ron DeSantis (R-FL) has seen no discernible bump in support since his presidential campaign launch.

Please find the full article attached below:

MNI POLITICAL RISK ANALYSIS - US Daily Brief 02-06-23 .pdf