The Evening: New Iran Sanctions, Rates Could Stay High, Ronnie Wood, and More

Newsletter - April 16, 2024

New Iran Sanctions

The United States plans to impose new sanctions on Iran in the coming days to punish it for the attacks on Israel over the weekend, Treasury Secretary Janet Yellen said today, as the NYT reports.

Consequences for Iran

Israel's military chief said "Iran will face the consequences for its actions," without providing further details, as Israel weighs its response to Iran's unprecedented attack. The Biden administration said the United States would not participate in any Israeli reprisal, while world leaders urged Israel to exercise restraint to avoid a wider war, as The Washington Post reports.

Powell Dials Back Expectations

Federal Reserve Chair Jerome Powell said firm inflation during the first quarter had introduced new uncertainty over whether the central bank would be able to lower interest rates this year without signs of an economic slowdown, as the WSJ reports.

Executive Education

Security, sustainability, and supply chains are all key factors in the conversation around critical minerals. Explore the natural resources essential to national, economic, and energy security in Building Critical Mineral Security for a Sustainable Future. Register here by April 18.

Audio Briefs

CSIS experts give short, spoken-word summaries on the biggest takeaways from their latest reports, white papers, and commentaries-in their own words.

Listen here: "Famine in Gaza" with CSIS's Caitlin Welsh.

In That Number

10

Ukraine faces a dire ammunition shortage without U.S. aid. Russia will soon be able to fire 10 shells back for every Ukrainian shell that is fired.

Source:NYT

Critical Quote

We have been working to diminish Iran's ability to export oil. Clearly Iran is continuing to export some oil-there may be more that we could do.

- Janet Yellen, Secretary of the Treasury

iDeas Lab

Image

New satellite imagery reveals the ongoing utilization of the Tikhoretsk Munitions Storage Facility in Russia, with around 55% of its 280 storage revetments occupied with munitions and missiles from North Korea. Read the Beyond Parallel analysis here.

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

Optics

Photo: Gil Cohen-Magen/AFP/Getty Images

A member of the Israeli military stands next to an Iranian ballistic missile that fell in Israel on the weekend, during a media tour at the Julis military base near the city of Kiryat Malachi on April 16, 2024.

Recommended Reading

"How Might Israel Strike Back?" by CSIS's Daniel Byman.

This Town Tomorrow

At 9:00 a.m., the CSIS Aerospace Security Project unpacks the latest trends in counterspace weapons technology.

Also at 9:00 a.m., the CSIS Project on Prosperity and Development welcomes Rep. Mike Waltz (R-FL) and a panel of experts to discuss the role of education in national security and stability.

Later, at 12:30 p.m., the CSIS Bipartisan Alliance for Global Health Security hosts its tenth episode of "Gaza: The Human Toll," spotlighting the role of the United Nations Relief & Works Agency for Palestine Refugees.

Video

Yesterday, the CSIS Wadhwani Center for AI and Advanced Technologies hosted Yoichi Iida, Assistant Vice Minister for International Affairs at the Japanese Ministry of Internal Affairs and Communications, to discuss the next steps for advancing the G7's Hiroshima AI Process in 2024 and beyond. Watch the full video here.

Podcasts

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CSIS's Jospeh Majkut welcomes Tom Baker from Boston Consulting Group to discuss opportunities for U.S. leadership in the clean energy transition, technology and policies driving progress, and more.

Listen on Spotify & Apple Podcasts.

Smiles

If you have ever seen a show at The Greek Theatre in Los Angeles, you know that it is one of the very best outdoor music venues in the world. Last week, fans of The Black Crowes enjoyed an incredible guest appearance during the band's concert when Ronnie Wood showed up. Together, they ignited the stage with a staple by Wood's former band "The Faces." This clip of "Stay With Me" is short and sweet but still WOW.