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MNI POLITICAL RISK - Port Of Baltimore Likely To Reopen In May

Executive Summary:

  • Transportation Secretary Pete Buttigieg told reporters at the White House yesterday that it was too soon to speculate on when the Baltimore Port would be up and running following the collapse of the Francis Scott Key Bridge, but confirmed the White House is “likely” to tap up Congress in the coming days for supplemental funding to cover the cost of rebuilding of the bridge.
  • Logistics experts believe the port closure could last around six weeks. Economists believe the closure is unlikely to have significantly impact inflation or the broader economy, likening the incident to a natural disaster.
  • President Biden and former Democrat presidents Bill Clinton and Barack Obama will attend a campaign event in New York City this evening which Biden’s presidential campaign expects to bring in USD$25 million - further boosting a huge cash advantage over former President Donald Trump.
  • Democrats are touting a special election victory in Alabama’s 10th state district as evidence that the issue of women’s reproductive rights will be as decisive at the general election as it was at the 2022 midterm elections.
  • The White House confirmed yesterday that Israeli Prime Minister Benjamin Netanyahu reached out about rescheduling the cancelled Rafah meeting, indicating that the PM isn’t prepared to break with Washington entirely.
  • Poll of the Day: New analysis suggests that young voters are unlikely to break for Trump in November, contrary to a spate of recent polling.

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MNIPOLRISKUSDaily280324.pdf

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