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The Evening: U.S. Economy, Russian Economy, Beat Club and More
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** Good Evening,
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It's Thursday, August 9th.


** U.S. Economy
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Economists are raising projections for U.S. economic growth for the full year, but disputes with U.S. trading partners, a fading boost from fiscal stimulus and rising short-term interest rates leave many thinking the boom won’t last much longer than that, as the
Wall Street Journal’s Josh Zumbrun reports (https://www.wsj.com/articles/growth-seen-hitting-3-in-2018-but-risks-to-outlook-mount-after-this-year-1533823205?mod=hp_lead_pos5&utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .

Dive Deeper: Check out the latest episode of The Trade Guys podcast, “China Strikes Back (https://itunes.apple.com/us/podcast/the-trade-guys/id1380336613?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .”


** Russian Economy
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Russia’s currency fell today to its lowest dollar value in nearly two years, after the United States announced new sanctions against the country in response to a nerve-agent attack on a former Russian spy in Britain, as the
New York Times’ Andrew Kramer reports (https://www.nytimes.com/2018/08/09/world/europe/russia-sanctions-ruble.html?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .

Meanwhile, Russian officials reacted with outrage to the sanctions, as the Guardian’s Andrew Roth and Julian Borger report (https://www.theguardian.com/world/2018/aug/09/russia-blasts-new-us-sanctions-as-theatre-of-the-absurd?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .

Dive Deeper: “Russia Braces For 'Crushing' New Sanctions Over Electoral Interference (http://www.atlanticcouncil.org/blogs/new-atlanticist/russia-braces-for-crushing-new-sanctions-over-electoral-interference?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) ,” by the Atlantic Council’s David Wemer.


** Truce
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Israel and Hamas agreed on a truce today to end a flare-up in cross-border fighting, as Reuters reports (https://www.reuters.com/article/us-israel-palestinian-truce/israel-and-hamas-agree-on-truce-to-end-gaza-flare-up-palestinian-officials-idUSKBN1KU2GD?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .


** Your Questions
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Do you have any questions about trade and how a changing U.S. trade policy may affect your life? If you do, please email me your question(s) to aschwartz@csis.org (mailto:aschwartz@csis.org?subject=Your%20Questions) . We’ll publish some of the best questions and get our experts to answer them on an upcoming CSIS podcast.


** Enroll for Fall
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Now enrolling for the Fall, CSIS & Syracuse University's Maxwell School of Citizenship and Public Affairs offer a new Executive Master's in International Relations. Information here (https://www.csis.org/programs/abshire-inamori-leadership-academy/executive-education/executive-masters-international?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .


** In That Number
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** 29
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At least 29 children have been killed and 30 wounded in a Saudi-led coalition air strike in Yemen.
Source: BBC (https://www.bbc.com/news/world-middle-east-45128367?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789)


** Critical Quote
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** “America will always seek peace, in space as on earth.”
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— Vice President Pence


** iDeas Lab
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Die Welt

The U.S.-China trade war just doesn’t let up. This week, the Trade Guys tackle how the latest tranche of tariffs are affecting American businesses and Congress. Plus, the U.S. and Mexico seem to be progressing with NAFTA talks, but where is Canada? Listen on Apple Podcasts (https://itunes.apple.com/us/podcast/the-trade-guys/id1380336613?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) or SoundCloud (https://soundcloud.com/csis-57169780/china-strikes-back?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .

The Andreas C. Dracopoulos iDeas Lab at CSIS enhances our research with the latest in cutting-edge web technologies, design, and video.


** Optics
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Die Welt
(Photo credit: Justin Sullivan/Getty Images). A view of cars that were destroyed by the Carr Fire in Redding, California.


** Recommended Reading
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“War Without End (https://www.nytimes.com/2018/08/08/magazine/war-afghanistan-iraq-soldiers.html?rref=collection%2Fsectioncollection%2Fmagazine&action=click&contentCollection=magazine®ion=rank&module=package&version=highlights&contentPlacement=2&pgtype=sectionfront&utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) ,” by C. J. Chivers for the
New York Times Magazine.


** This Month at CSIS
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Join CSIS on Monday, August 20 at 11:00 a.m. (https://www.csis.org/events/celebrating-world-humanitarian-day?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) to celebrate World Humanitarian Day with U.S. Agency for International Development (USAID) Administrator Mark Green. World Humanitarian Day is an international celebration that commemorates both the accomplishments and sacrifices of humanitarian aid personnel who work in difficult and dangerous environments.


** Video
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The CSIS Commission on Strengthening America’s Health Security hosted a discussion at the University of Washington on U.S. leadership in meeting critical health security needs of the world’s most vulnerable populations. Watch the full event here (https://www.csis.org/events/health-security-disordered-world?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .


** Sounds
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This week on Smart Women, Smart Power, CSIS experts Kathleen Hicks and Heather Conley discuss the impact of the July NATO Summit on future relations between the U.S. and Europe, and examine the growing rift between the U.S., NATO, and Turkey.

Listen on Apple Podcasts (https://itunes.apple.com/us/podcast/smart-women-smart-power/id924940383?mt=2&utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) or SoundCloud (https://soundcloud.com/csis-57169780/nato-europe-and-the-us-whats-next?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .


** Smiles
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I came across a clip today that just blew me away. It’s Delaney and Bonnie and Friends from 1969 live on Beat Club, a popular German music program. This is vintage Delaney and Bonnie and the band is amazing: Eric Clapton plus the guys who would go on to make up Derek and the Dominoes. Oh, and there’s also the great Rolling Stones horn men Jim Price and Bobby Keys plus Rita Coolidge on backing vocals and Dave Mason on rhythm guitar. Watch this whole thing in gorgeous black and white, it’s fantastic (https://www.youtube.com/watch?v=Qu_eAgzYH1Y&utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789) .
I invite you to email me at aschwartz@csis.org (mailto:aschwartz@csis.org) and follow me on Twitter @handrewschwartz (https://www.twitter.com/handrewschwartz?utm_source=CSIS+All&utm_campaign=1ad9d02eb9-EMAIL_CAMPAIGN_2018_08_09_08_20&utm_medium=email&utm_term=0_f326fc46b6-1ad9d02eb9-145367789)

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The Evening 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, Sofie Kodner, and Jackie Ramsay.

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