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The White House will host the first day of its Leaders Climate Summit. Ford and Daimler further cut US production amid the ongoing chip shortage. Daily new coronavirus infected have reached record highs, with India the global epicenter. Analysis: Emerging & Existing Hotspots: The US-Turkey Relationship.

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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 & Existing Hotspots: The US-Turkey Relationship

The United States’ relationship with Turkey is among the most complicated and contentious relationships that President Biden must navigate in the coming years. Stark divides on the Kurds in Syria, the Turkish purchase of the Russian S-400 platform, and accusation of democratic backsliding have driven deep wedges in Ankara-Washington relations.

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