In This Edition

Key Takeaways

New York City becomes first US city to require proof of vaccination for a number of indoor activities, including dining, concerts and gyms. SEC Chairman Gensler calls for new powers to regulate “Wild West” of crypto markets. China and India agree to pull back troops from another flashpoint along their disputed border, one day after issuing a joint statement calling weekend military talks “constructive.”

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.

The Biden Administration’s Emerging Policy in Southeast Asia

US Secretary of Defense Lloyd Austin spent the last week of July in Southeast Asia, marking a progression of the Biden Administration’s growing attention to the region.  As the new administration continues to develop its Indo-Pacific policy, the content of Austin’s visit provides insight into US prioritization of partnerships in Southeast Asia, the differences between the Quad and ASEAN as regional frameworks, and how broader China policy will impact US relations with other regional states. 

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