‘Davos of the Desert’, Ukraine’s Reconstruction, U.S. Chip Restrictions, and More

Investors and high-ranking officials land in Riyadh, Saudi Arabia, for the Future Investment Initiative, dubbed the ‘Davos of the Desert;’ the German Group of Seven (G7) presidency and the European Commission host experts to discuss Ukraine’s postwar recovery, reconstruction, and modernization; and U.S. import controls on chips take effect, with major consequences for China’s technological growth.

Play Button Pause Button
0:00 0:00
x
Hosts
  • James M. Lindsay
    Senior Vice President, Director of Studies, and Maurice R. Greenberg Chair
  • Robert McMahon
    Managing Editor
Credits

Ester Fang - Associate Podcast Producer

Gabrielle Sierra - Senior Producer

Show Notes

Mentioned on the Podcast

 

Edward Alden, “Washington Raises Stakes in War on Chinese Technology,” Foreign Policy

 

Steven A. Cook and Martin S. Indyk, The Case for a New U.S.-Saudi Strategic Compact 

 

John Hudson and Widlore Mérancourt, “U.S. backs sending international forces to Haiti, draft proposal says,” The Washington Post


Diana Roy and Sabine Baumgartner, “Crossing the Darien Gap: Migrants Risk Death on the Journey to the U.S.,” CFR.org

Ukraine

Ukraine pushes for wider international support and endorsement of its proposed peace process at Switzerland’s Ukraine peace summit; the UN Security Council deliberates how to assist Sudanese civilians and de-escalate the civil war; diplomatic pressure builds for a U.S.-backed cease-fire deal in the Gaza Strip; and Russian ships arrive in Cuban waters for exercises. 

Climate Change

All twenty-seven European Union (EU) member states vote in European Parliament elections with polls showing right-wing parties poised to gain more seats; the Group of Seven (G7) leading industrial democracies meet in Italy with a sizable agenda, including support for Ukraine and trade concerns with China; the United States prepares for an above-normal hurricane season; and the Organization of the Petroleum Exporting Countries and partner exporters, known as OPEC+, extend oil output cuts.

NATO (North Atlantic Treaty Organization)

U.S. President Joe Biden faces increasing international and domestic pressures on his policy toward the Israel-Hamas war amid worsening humanitarian conditions in the Gaza Strip; Western leaders commemorate the eightieth anniversary of D-Day with Russia’s war in Ukraine front of mind; Mexico holds massive general elections that are likely to usher in the country’s first woman president; and North Korea tests new satellite and missiles.

Top Stories on CFR

Israel

Israel has made eliminating the threat from the Gaza-based militant group a central war aim, but it’s not entirely clear at what point that condition will be met.  

Russia

Outright seizure of the Russian Central Bank’s hundreds of billions in frozen assets is currently off the table, but it is still possible to obtain large sums for Ukraine from the interest income on these assets.