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Key Takeaways

A peer-reviewed study finds Russia’s Sputnik V vaccine to be 91.6 percent effective.  Russian dissident Alexey Navalny was sentenced to 3.5 years in prison, prompting Western condemnation and renewed Russian protests.  US Democrats took the first step to push through a $1.9 trillion coronavirus spending package via budget reconciliation.

Condition Updates

A rundown of important global developments in markets, in business, and region-by-region, as well as statistical risk assessments by country and by US state.

Emerging and Existing Hotspots: Implications of Navalny’s Arrest

A second wave of protests has swept across Russia in response to the arrest of anti-corruption opposition politician Alexey Navalny. Analysts believe that the Kremlin’s heavy-handed response reveals the extent to which they are worried about this movement growing, especially in light of recent popular anti-government protests in Belarus, Ukraine, and Central Asia. 

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