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The Evening CSIS: Missile Threat, Oil Price Surge, Losing You and More
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2017-03-06 22:46:41
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The Evening CSIS: Missile Threat, Oil Price Surge, Losing You and More ------------------------------------------------------------ Email not displaying correctly? View it in your browser (http://us11.campaign-archive2.com/?u=833ec271d60c6750d9c3baaac&id=a9b14da723&e=e55aaf27de) . ** Good Evening, ------------------------------------------------------------ Welcome to The Evening CSIS—my daily guide to key insights CSIS brings to the events of the day plus HIGHLY RECOMMENDED content from around the world. To subscribe, please sign up here (http://bit.ly/ecs1s?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) . ** Missile Threat ------------------------------------------------------------ North Korea fired four ballistic missiles into the sea off Japan's northwest today, angering South Korea and Japan, days after it promised retaliation over US-South Korea military drills it sees as preparation for war, as Reuters’ Ju-Min Park and Kaori Kaneko report (http://www.reuters.com/article/us-northkorea-missiles-idUSKBN16C0YU?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) . And, the New York Times’ Matoko Rich reports (https://www.nytimes.com/2017/03/06/world/asia/north-korea-missiles-japan.html?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) that the launch could be the test of a new attack strategy. Dive Deeper: A new CSIS report, Missile Defense and Defeat: Considerations for the New Policy Review (https://missilethreat.csis.org/missile-defense-and-defeat/?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) , features contributions from Thomas Karako, Keith B. Payne, Brad Roberts, Henry A. Obering III, and Kenneth Todorov. And CSIS’s Missile Defense Project has assembled an interactive guide to North Korea’s missile test (https://missilethreat.csis.org/north-korea-icbm-test-media-kit/?utm_source=Press&utm_campaign=8eddd619ff-EMAIL_CAMPAIGN_2017_02_13&utm_medium=email&utm_term=0_7623d157be-8eddd619ff-137094765&utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) . ** Iran's Test ------------------------------------------------------------ Late this afternoon, Fox News reported (http://www.foxnews.com/world/2017/03/06/iran-launched-2-ballistic-missiles-us-officials-say.html?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) that Iran this weekend test fired a pair of ballistic missiles and sent attack vessels close to a US Navy ship in the Strait of Hormuz. Dive Deeper: See CSIS’s interactive micro-website “Missile Threat (https://missilethreat.csis.org/country/iran/?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) ” on Iran’s ballistic missiles. ** European Security ------------------------------------------------------------ The European Union today took a halting step toward more security cooperation, agreeing to establish a new headquarters to oversee its military training missions. Though its powers are limited, the long-discussed command nonetheless marks a significant element of coordinated defense at a time Europe has struggled to reach consensus on new initiatives, as the Wall Street Journal’s Julian Barnes reports (https://www.wsj.com/articles/eu-approves-new-military-training-command-1488806554?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) . Dive Deeper: See IISS’s Military Balance 2017 (https://www.iiss.org/en/publications/military-s-balance?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) , its annual assessment of global military capabilities and defense economics. ** Oil Price Surge ------------------------------------------------------------ Drastic cuts in oil industry investment risk creating a shortfall in supply that by 2020 will expose the market to a surge in prices, the International Energy Agency has warned, as the Financial Times’ Anjli Raval and Gregory Meyer report (https://www.ft.com/content/6506aba2-0265-11e7-ace0-1ce02ef0def9?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) . ** In That Number ------------------------------------------------------------ ** 7% ------------------------------------------------------------ The percent by which China's military budget will rise this year—topping $145 billion, a record high. Source: CBS News (http://www.cbsnews.com/news/china-defense-budget-will-top-145-billion-a-record-high/?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) . ** Critical Quote ------------------------------------------------------------ ** “The most immediate task at hand for NATO and Russia is to reduce the possibility of a military accident.” ------------------------------------------------------------ —CSIS’s Boris Toucas authored a new commentary today, “NATO and Russia in the Black Sea: A New Confrontation? (https://www.csis.org/analysis/nato-and-russia-black-sea-new-confrontation?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) ” ** iDeas Lab ------------------------------------------------------------ A new episode of CSIS trustee Bob Schieffer’s About the News podcast (https://itunes.apple.com/us/podcast/state-of-journalism/id1124101295?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) features an interview with Danielle Belton, managing editor of the Root, discussing how the Root seeks to capture an unvarnished, unapologetic take on news and culture for African-American influencers. ** Optics ------------------------------------------------------------ (Photo Credit: Delil Souleiman/AFP/Getty Images.) A convoy of US forces armored vehicles drives near the village of Yalanli, on the western outskirts of the northern Syrian city of Manbij yesterday. ** Recommended Reading ------------------------------------------------------------ “A Matter of Facts: How the Women of the White House Press Corps Are Navigating ‘Fake News (http://www.vogue.com/projects/13528783/american-women-female-white-house-reporters-political-journalism/?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) ,’” by Vogue’s Julia Felsenthal. ** This Town Tomorrow ------------------------------------------------------------ Join CSIS’s Smart Women, Smart Power initiative for a conversation with Christine Lagarde (https://www.csis.org/events/economic-imperative-empowering-women-conversation-christine-lagarde?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) , managing director of the International Monetary Fund (IMF). Although this event has reached capacity, you can tune in to the live webcast at 5:30 p.m. Join the Atlantic Council at 9:00 a.m. for “Trade, Security, and Prosperity: Perspectives from Mexico's Margarita Zavala and Secretary Michael Chertoff (http://www.atlanticcouncil.org/events/upcoming-events/detail/usmexico-trade-security-and-prosperity?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) .” And join the Wilson Center at 11:00 a.m. for a book discussion of Preventing North Korea’s Nuclear Breakout (https://www.wilsoncenter.org/event/book-discussion-preventing-north-koreas-nuclear-breakout?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) with author Robert Litwak and the NYT’s David Sanger. ** On Demand ------------------------------------------------------------ Today, CSIS’s Technology Policy Program hosted “Advancing U.S. Leadership in the Digital Age (https://www.csis.org/events/advancing-us-leadership-digital-age?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) ,” featuring Tom Donilon and members of the Obama administration’s Presidential Commission on Enhancing National Cybersecurity. ** Sounds ------------------------------------------------------------ Listen to the latest from the CSIS Podcast: “What Does Another $54 Billion Buy? Analyzing Trump's First Defense Budget (https://itunes.apple.com/us/itunes-u/the-csis-podcast/id383703191?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) .” ** Smiles ------------------------------------------------------------ I spent the end of last week comparing communications notes at Chatham House, the Royal Institute of International Affairs in London. Chatham House is one of the world’s greatest think tanks and they are wonderful hosts. There really is a special relationship between Americans and Brits. Americans are like the Brits’ swaggering little brothers. And it’s always fascinating to me to see how we brothers have influenced each other—from the Magna Carta to…The Temptations. The Tempts recorded “(I Know) I’m Losing You (https://www.youtube.com/watch?v=UrOPJXrUWII&utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) ” in 1966. An instant classic, “Losing You” wasn’t lost on a generation of British rock stars. Rod Stewart and The Faces made the song their own in ’71—talk about swagger… ** Feedback ------------------------------------------------------------ I always welcome and benefit from your feedback. Please drop me a line at aschwartz@csis.org (mailto:aschwartz@csis.org) ============================================================ The Evening CSIS is my daily guide to key insights CSIS brings to the events of the day. It is composed with the External Relations team: Colm Quinn, Brandon Schwartz, and Jackie Ramsay. Follow CSIS ** (https://twitter.com/CSIS?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) ** (https://www.facebook.com/CSIS.org?utm_source=CSIS+All&utm_campaign=a9b14da723-EMAIL_CAMPAIGN_2017_03_06&utm_medium=email&utm_term=0_f326fc46b6-a9b14da723-145367789) ** (http://us11.forward-to-friend2.com/forward?u=833ec271d60c6750d9c3baaac&id=a9b14da723&e=e55aaf27de) Connect w/ H. 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