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Advance US News Diary

May 29-June 4: Debt limit deadline, DeSantis campaign hits the road, and NATO and BRICS ministerials

Ron DeSantis
May 26, 2023
  • Slice 1

A look ahead at the key events leading the news agenda next week, from the team at Foresight News. Delivered to your inbox on Fridays.

Leading the week 

With tentative suggestions that an agreement on raising the debt limit could be reached as soon as today, the focus next week is likely to shift to Congress as lawmakers work to draft a deal into legislation and then send it to President Joe Biden’s desk by (or shortly after) the Thursday (June 1) nominal deadline. Complicating matters is Speaker Kevin McCarthy’s promise to give members 72 hours to review the bill before voting on it. One scenario could see the House vote on Wednesday (May 31) followed by the Senate on Saturday (June 3). Of course, there’s no guarantee that any deal will get the votes needed to pass, and a lot will depend on the CBO’s score of the legislation, which can only be produced once the legislation is written. All of which means that even if a deal is reached before or during the Memorial Day weekend, developments next week will be critical in determining whether a full-blown crisis can be averted. 

US Capitol Building

The Republican presidential contest, meanwhile, continues to heat up. Despite valiant attempts by Ron DeSantis’ campaign to attribute his glitch-ridden Twitter Spaces presidential announcement to his overwhelming popularity, the Florida Governor will be hoping to avoid any further embarrassments when he holds his first in-person event of the campaign on Tuesday (May 30) in Des Moines, Iowa. That event kicks off a tour that will see him head on to New Hampshire on Thursday (June 1) and South Carolina on Friday (June 2). Frontrunner Donald Trump, who this week found out his criminal trial in New York has been set for March 25 next year, right in the middle of primary season, will also be in Iowa next week, recording a Fox News town hall in Clive on Thursday (June 1) that airs on Hannity later that night. And as if anyone needed reminding of Iowa’s continued importance in the primary, Nikki Haley will also be in the Hawkeye State next week, participating in a live CNN town hall on Sunday (June 4). 


Looking abroad 

Ukraine will once again be at the forefront of international news next week thanks to a trio of meetings where it will dominate discussions. Leaders from 47 European countries gather in Moldova on Thursday (June 1) to discuss security, energy and integration as the continent looks to present a unified front against Russian aggression. Moldova’s President Maia Sandu has made it clear that hosting has huge symbolic importance for the country’s pro-European future as it moves away from Moscow’s influence, and Ukraine’s closest neighbors will be hoping the dialogue with European powers translates into further funding for border countries most affected by the war. 

While leaders are discussing Ukraine in Chisinau, the war will also shape discussions at two gatherings of foreign ministers next week. NATO ministers meet in Oslo on Wednesday and Thursday (May 31-June 1) for informal talks ahead of July’s leaders’ summit in Lithuania. The big push at the summit will be for clarity on Ukraine’s future membership in the alliance, so ministers will be looking to find some compromises on further cooperation that show support for Kyiv while likely remaining non-committal on a membership roadmap that the bloc’s biggest players worry would escalate conflict with Moscow. 

F-16 jet

That concern is especially timely as the meeting follows recent news that the US would support training Ukrainian pilots on US-made F-16 fighter jets and the raid earlier this week by pro-Ukrainian Russian dissident fighters across the border in Belgorod, Russia, possibly using US-provided equipment. When foreign ministers from Brazil, Russia, India, China and South Africa gather in Cape Town on Thursday and Friday (June 1-2), Russian Foreign Minister Sergey Lavrov is likely to make the case that the provision of F-16s and the use of US military hardware on Russian soil supports Russia’s case that it is the victim, not aggressor, of a conflict that is rooted in US hegemony. On Friday, the five foreign ministers are joined by 15 other so-called Friends of BRICS ministers from Africa and the ‘global south’, bolstering the argument that the bloc could provide a counterpoint to US-dominated bodies. The gathering is another opportunity for Lavrov to meet with his Chinese counterpart Qin Gang following their most recent talks in India.

BRICS flags over map of South Africa

 

Also look out for...

May 29

Memorial Day 

Latest Sudan ceasefire expires unless extended 

Inauguration for new Nigerian president Bola Tinubu 

Provincial elections in Alberta 

May 30

Theranos founder Elizabeth Holmes due to report to prison 

Antony Blinken holds press conference in Sweden 

Brazil’s Lula hosts gathering of South American leaders 

UN Security Council discusses Syria and Ukraine’s Zaporizhzhia nuclear plant 

G7 holds first meeting under Hiroshima AI Process 

Expected launch of China’s Shenzou-16 rocket

May 31

Hearing in lawsuit over 14th Amendment’s application to debt limit 

Sweden hosts latest US-EU Trade and Technology Council (TTC) 

Brazil’s Lula hosts Finnish counterpart 

New Latvian president elected by lawmakers 

Meta, Walmart and ExxonMobil ASMs

June 1

Joe Biden delivers US Air Force Academy commencement address 

Liz Cheney addresses Mackinac Policy Conference 

Supreme Court opinion(s) issued  

Lloyd Austin meets Japanese counterpart in Tokyo 

NBA finals begin  

Scripps Spelling Bee finals

June 2

Employment Situation released 

Alphabet ASM 

US Conference of Mayors meeting begins 

Antony Blinken visits Finland, delivers speech on Russia 

Australian PM opens IISS Shangri-La Dialogue

June 3

Nikki Haley and Tim Scott attend Joni Ernst’s Roast and Ride 

Lloyd Austin addresses IISS Shangri-La Dialogue

June 4

Chinese defense minister expected to address IISS Shangri-La Dialogue 

OPEC+ meeting 

Elections in Guinea-Bissau 

NBA finals game 2

Statistics, Reports and Results

May 30

Consumer Confidence Index 

Results from: HP

May 31

Beige Book 

Q1 GDP for Turkey, Italy, Canada and India 

Results from: Nordstrom

June 1

ADP National Employment Report 

ISM Manufacturing Report on Business 

Construction Put in Place 

NCHS releases Births in 2022 report  

Flash Euro area inflation estimate  

Brazil Q1 GDP 

Results from: Kroger, Macy’s

Anniversaries and Awareness Days

May 29

International Day of UN Peacekeepers 

International Mount Everest Day 

May 30

World MS Day 

May 31

World No-Tobacco Day

June 1

Global Day of Parents 

World Milk Day 

25 years ago: European Central Bank established 

June 2

National Gun Violence Awareness Day 

National Donut Day 

Italy's Republic Day 

70 years ago: coronation of Queen Elizabeth II

June 3

Jefferson Davis's birthday marked in Kentucky, Tennessee, and Florida 

World Bicycle Day 

Six years ago: London Bridge terror attack

June 4

Lilibet Mountbatten-Windsor turns two 

International Day of Innocent Children Victims of Aggression  

34 years ago: Tiananmen massacre


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