Business Intelligence Monitor 200514

(Introduction)

[Markets]

•   Global: Equities slide, bonds rise on Fed warning of prolonged recession

※   Macro 백업표

※   Industry 백업표

•   한국: 코스피, 개인·기관 매수에 상승 마감…1,940선 회복

•   한국: 외국인 매수에…국고채 금리 일제히 사상최저

•   Metals: Copper prices dragged lower by virus resurgence fears

•   Grains: Wheat nears 2-month low on export competition; corn, soy also sag

[Indicators]

•   US Apr. PPI: U.S. Producer Prices Fall From Year Ago by Most Since 2015

•   US Weekly Mortgage rates·applications: Mortgage applications from buyers jump 11%, signaling the spring housing market may not be a total loss

•   UK Q1 GDP: UK economy shrinks at record 5.8% pace in March

•   UK Apr. Consumer spending: UK consumer spending drops over a third during lockdown

•   한국 3월 통화 및 유동성: 기업 유동성 확보 경쟁에···통화량 한달새 8.4% 껑충

•   한국 4월 고용동향: 코로나 고용쇼크' 4월 취업자 21년來 최대폭 감소…47.6만명↓

※   매경: 코로나에 `알바` 직격탄…청년취업자 11년만에 최대폭 감소

※   매경: 취약계층부터 무너뜨린 `잔인한 코로나`

•   한국 4월 OECD 경기선행지수: 다 떨어졌는데…韓 OECD 경기선행지수만 올랐다

•   Japan Mar. Current Account: Japan March current account surplus down 32.1% as virus hits exports

•   Japan Apr. Economy Watchers sentiment index: Japan economy watcher sentiment hit record low amid virus pandemic

•   Malaysia Q1 GDP: Malaysia Posts Slowest Growth Since 2009 on Lockdown Curbs

•   COVID-19: Johns Hopkins University Live Updates

[News]

•   WSJ: Companies Start Reaping Billions in Tax Breaks to Help in Slump

•   WSJ: U.S.: Chinese, Iranian Hackers Seek to Steal Virus Research

•   WSJ: Soaring Prices, Rotting Crops: Coronavirus Triggers Global Food Crisis

•   WSJ: Countries Struggle to Measure When It’s Safe to Reopen

•   WSJ: Musk Pushes to Reopen Tesla and Keep Up With Detroit

•   WSJ: New York and New Jersey Start to Reopen Their Economies

•   WSJ: WSJ Survey: Coronavirus to Cause 17% Unemployment in June

•   WSJ: Powell Says Washington Will Need to Spend More to Battle Downturn

•   WSJ: Newsletter: Has the Economy Bottomed Out?

•   WSJ: Companies’ Next Coronavirus Challenge: Getting Cash-Strapped Shoppers to Spend

•   WSJ: U.S. vs. South Korea: Behind the Coronavirus Testing Numbers

•   WSJ: Consumers Seeking Debt Relief Amid Coronavirus Face Jammed Phone Lines, Overwhelmed Lenders

•   NYT: Get Ready for a Covid-19 Vaccine Information War

•   NYT: Businesses Chafing Under Covid-19 Lockdowns Turn to Armed Defiance

•   NYT: Can ‘Team Science’ Yield a Covid-19 Treatment?

•   NYT: In a First, Renewable Energy Is Poised to Eclipse Coal in U.S.

•   NYT: Coronavirus Wrecked Tesla’s Momentum and Elon Musk Is Furious

•   NYT: The Pandemic Will Permanently Change the Auto Industry

•   NYT: Biden Has an Edge on Trump. So Why Are Democrats Worried?

•   WP: As coronavirus roils the nation, Trump reverts to tactic of accusing foes of felonies

•   WP: Doctors express glimmers of hope as they try out new approaches against coronavirus

•   WP: Mexico to start reopening border region, other areas as coronavirus lockdown eases

•   WP: For some world leaders, approval ratings grows along with coronavirus case numbers

•   FT: Spanish herd immunity is still far off, study finds

•   FT: Pandemic fails to damp armed conflicts despite truce call

•   FT: US property investors braced for rise in delinquencies

•   FT: CFTC warns on return to negative oil prices

•   FT: Pandemic spawns new reporting term ‘Ebitdac’ to flatter books

•   FT: German judge warns EU over ‘very difficult to resolve’ legal crisis

•   FT: City of London to ban cars on busiest roads as lockdown eases

•   FT: Trump threats to China over coronavirus pile pressure on renminbi

•   FT: WHO’s chief scientist offers bleak assessment of challenges ahead

•   FT: EU damps hopes of business as usual for holidaymakers

•   FT: Coronavirus throws open race to succeed Merkel

•   FT: Pandemic stimulus debt will ‘come back to haunt us’, warns OECD

•   FT: ECB rebuffs bank complaints on negative interest rates

•   FT: S Africa plans localised lockdowns as pressure mounts to reopen

•   FT: A negative acronym not welcomed by the Federal Reserve

•   FT: Invidious choices await Sunak in tackling cost of virus crisis

•   FT: Property market in England starts slow return to work

•   FT: VW to pause production of key models as hopes of quick recovery dashed

•   FT: Why a sensible deadline for US-UK trade talks is next April

•   FT: Emerging economies hold back on asking creditors for debt relief

•   FT: European investment plunge raises fears for future growth

•   FT: Maersk warns of 25% drop in shipping as virus snarls trade

•   FT: Why Apple wants to deepen its China supply chain

•   FT: Trump banks on economic rebound to win Florida

•   FT: Madrid protests at continued lockdown as Spain starts to reopen

•   FT: Beijing hits back at Trump call to block US pension fund investment in China

•   FT: UK manufacturers push back against 14-day quarantine plan

•   FT: Trump threats to China over coronavirus pile pressure on renminbi

•   FT: Treasury paper sets out stark UK options to cut estimated £337bn deficit

•   FT: CLOs: ground zero for the next stage of the financial crisis?

•   Bloomberg: Hong Kong’s Economic Crisis Just Keeps Getting Worse

•   Bloomberg: China May Deliver Another Rate Cut as Liquidity Pressures Mount

•   Bloomberg: Vast Numbers of Unemployed Will Undermine China’s Recovery

•   Bloomberg: Farmers’ Hopes Are Dashed in Australia on Souring of China Ties

•   Bloomberg: Dollar Reigns Supreme During Virus Crisis With Yuan Stuck in Shadows

•   Bloomberg: Honda Plans Restart of Auto Production in U.K. Early Next Month

•   Bloomberg: Chinese Malls, Dependent on Restaurants, Face a Bleak Future

•   Bloomberg: Pandemic May Push 130 Million People to Extreme Poverty, UN Says

※   UN: World Economic Situation and Prospects as of mid-2020

•   Bloomberg: If the President Tests Positive for the Virus, What Happens?

•   Bloomberg: Traders Keep Bets on Negative Fed Rate in 2021: Liquidity Watch

•   Bloomberg: Italy’s New Stimulus Plan May Not Be Enough for Battered Economy

•   Bloomberg: New Normal 2.0 for U.S. Economy Looks Awful, Long, Perilous

•   Bloomberg: Pandemic Accelerates Drive for Blockchain in Trade Finance

•   Bloomberg: GM to Reopen Cash-Cow Mexican Pickup Plant as Soon as Next Week

•   Bloomberg: ECB Signals Euro-Area Slump Has Hit Bottom, Recovery Uncertain

•   Bloomberg: Bailey Hints at More BOE Easing to Help Shoulder Virus Costs

•   Bloomberg: Philippines Is Bracing for Deepest Slump in Three Decades

•   Bloomberg: Why the U.S. Has Shunned Negative Interest Rates

•   Bloomberg: Debt Relief May Go Beyond the Poorest Nations

•   Bloomberg: Indonesia Reports Record Surge in Infections as Cases Top 15,000

•   Bloomberg: Goldman Sachs Now Sees U.S. Jobless Rate Peaking at 25%, Not 15%

•   Bloomberg: Japan’s Economy Minister Insists Deflation to Be Kept at Bay

•   Bloomberg: OPEC No. 2 Producer Takes Rare Lead to Send Less Oil to Asia

•   Bloomberg: Orban Uses Crisis Powers for Detentions Under ‘Fake News’ Law

•   Bloomberg: German New Coronavirus Cases Decline, Infection Rate Drops

•   Bloomberg: EU Working on ‘Ambitious’ Blueprint to Forge Economic Recovery

•   Bloomberg: U.K. Housebuilders Rise on Government Plans to Reopen Market

•   Bloomberg: Nord Stream 2 Advancing in Satellite Photos Despite Sanctions

•   Bloomberg: Virus Guts U.S. Clean-Energy Jobs Gained Since ‘17, Report Says

•   Bloomberg: Merkel’s Bloc Wants EU Nations to Take On More Climate Effort

•   Reuters: Spanish antibody study points to 5% of population affected by coronavirus

•   Reuters: Germany to start easing border controls from Saturday

•   Reuters: Exclusive: Fearing shortages, EU may deploy emergency funds in COVID-19 vaccine race

•   Reuters: Exclusive: Europe nears crisis plan for public stakes in key companies - sources

•   Reuters: Brazil miner Vale to spend $2 billion to cut carbon emissions 33% by 2030

•   Reuters: Norway wealth fund blacklists Glencore, other commodity giants over coal

•   Reuters: Trump extends U.S. telecom supply chain order aimed at Huawei, ZTE

•   CNN: America is trailing in the clean energy race

•   CNN: Americans create new economic threat with their own savings

•   CNN: Abbott's fast Covid-19 test may miss too many cases, NYU study finds

•   CNBC: Trump on China: ’100 Trade Deals’ wouldn’t make up for coronavirus

•   CNBC: Trump says Fauci’s warnings about reopening amid coronavirus crisis are not ‘acceptable’

•   CNBC: Coronavirus will undo globalization, make supply chains regional: EIU

•   CNBC: Coronavirus: Goverments issued more debt than ever last month

•   CNBC: Coronavirus: McKinsey says technology helping Asia cope better

•   CNBC: 10% of retail demand might be lost forever

•   CNBC: Surge in layoffs is unlikely to help profits, no matter what the market thinks

•   MarketWatch: Investors should prepare for a U.S. ‘economic depression,’ warns Kyle Bass, but China’s fate could be even worse

•   MarketWatch: Why ‘the next big shoe to drop’ in the U.S. economy could hit by July

•   MarketWatch: OPEC further slashes 2020 world oil demand forecast, but makes 'huge' cut in supply outlook

※   OPEC: MOMR May 2020

•   Fox Business: Trump 'totally' disagrees with Fauci on school reopenings

•   Fox Business: Iowa to reopen restaurants, salons, barber shops and gyms

•   Yahoo Finance: Apple Encourages Chinese Tech Company To Rival Foxconn, Aims To Foster Competition

•   SCMP: What is China’s cryptocurrency-like sovereign digital currency and why is it not like bitcoin?

•   SCMP: Coronavirus, growing China-Southeast Asia trade ties could drive offshore use of yuan: FSDC economist

•   SCMP: Novel coronavirus most likely came from Asian bat: Hong Kong study

•   SCMP: Homebuilder tries pig farming as property fails to bring home bacon

•   SCMP: ‘The dumb team’: US-China trade deal attacks grow as virus fallout deepens

•   Global Times: How China can make fiscal policies more effective after COVID-19

•   Global Times: China could set GDP growth target at 3% during Two Sessions

•   매경(P1): 이재용·정의선, 전기차 손잡다

•   매경: 삼성·현대차 `꿈의 배터리` 협력…"기업에 힘실어줄 때"

•   매경: "자율주행차·차량용 전장부품…미래차분야 전방위 협력 가능성"

•   매경: 이태원發 코로나 재확산에 소상공인 고용은 꿈도 못꿔

•   매경: 홍장표 "확장재정이 성장률 하락 방파제"

•   매경: 성장률 1%P 떨어지면 신생기업 8000개 증발

•   매경: SK에너지, 장충체육관 크기 원유탱크 드론으로 검사

•   매경: 소니TV의 몰락…북미 점유율 1% `충격`

•   매경: 우량주→원유→우량주…`카멜레온 개미들`

•   매경: "매출 반토막에 당장 임대료 내기도 힘들어"

•   매경: "택배 상하차 작업, 로봇이 대신하게 될것"

•   매경: [Science in Biz] 영하 253도 버텨라…수소차 충전인프라 착착

•   한경(P1): "콜레라 창궐 때 상하수도 탄생…코로나는 새 시대 예방주사"

•   한경: 與 "언택트산업 규제 8월 말까지 혁파해야"

•   한경: 정부 돈 받을 때 하청업체 고용유지 의무까지 떠안나

•   한경: 홍남기 지원금 기부 하루만에 기재부 과장급 이상도 '동참'

•   한경: 서울 누비는 '택배 로봇' 등 총 8건 규제 샌드박스 통과

•   서경(P1): 文 '그린뉴딜' 특명···"구체 방안 만들라"

•   서경: 브레머 "글로벌공급망 재편으로 脫중국 심화...中 '자본이탈' 새 리스크 될것"

•   서경: 20조 채안펀드 집행, 40일간 고작 6,200억

•   서경: 부문별 반도체 1위社들 설비투자 늘린다

•   서경: "삼성SDI에 전기차 물량 뺏기나" LG화학·SK이노 '긴장'

•   조선(P1): 10년 헛돌던 원격의료, 靑 "긍정 검토"

•   조선: 車반납 마케팅에도… 중국서 힘 못쓰는 현대·기아차

•   조선: 두산타워, 솔루스, 모트롤BG… 팔 수 있는 건 다 판다

•   조선: [Tech & BIZ] [테크 레터] 삼성 스마트폰 성공 방정식… 이제는 새로 써야할 때

•   조선: [Tech & BIZ] 코로나가 앞당긴 로봇·드론 시대

•   조선비즈: "전기료 오르고 온실가스 감축 불가능"...전력수급계획, 4가지 문제는

•   조선비즈: 차세대 이미지 센서 'ToF' 각광… 스마트폰 카메라로 3차원 인식

•   인베스트조선: 신용위험은 '진행 중'…대응 따라 명암 갈리는 기업들

•   중앙(P1): 시진핑, 문 대통령에 “올해 방한 굳은 의지”

•   중앙: 아베 “한일관계 중요하니 잘 부탁한다”

•   중앙: 무섭게 큰다, 프리미엄폰 시장 ‘갑툭튀’ 중국 원플러스

•   동아(P1): 한 명 거짓말에… 1700명 코로나 검사

•   동아: 靑 “일본의 성의없는 태도 두고 볼 수 없다”

•   동아: 두산 노조 “두산重 공기업화하라” 상경시위 예고

•   동아: 한은, 자금난 中企에 5조 추가 지원

•   동아: 두자릿수 성장… 시총 급등… 산업지도 새로 쓰는 IT기업들

•   문화: 인공지능·水中드론에 로봇까지… ‘안전한 原電’에 활용한다

•   경향: 제러미 리프킨, “코로나는 기후변화가 낳은 팬데믹…함께 해결 안 하면 같이 무너져” [7인의 석학에게 미래를 묻다 ②]

•   머니투데이(P1): 주식은 던지더니 외국인 '한국채권' 사랑, 140조 역대급 BUY

•   머니투데이: 한국채권 투자하기 딱 좋아'…외국인 밀려드는 이유

•   머니투데이: 외국인의 채권 '바이코리아', 좋다고 박수치기엔...

•   머니투데이: 이태원 클럽發 코로나, 신천지보다 두려운 3가지 이유

•   머니투데이: 현대차 노조는 왜 '임금' 대신 '일감'을 얘기하기 시작했나

•   머니투데이: 묻지마 투쟁에 노조원들도 '두손 두발' 다 들었다

•   머니투데이: 中 판매 80% 급증…코로나 뚫고 두산인프라코어 'V자 회복'

•   머니투데이: 수요절벽에 물류·환율도 안 도와주네…삼성·LG TV사업 '겹악재'

•   머니투데이: [단독]산은, BIS비율 12% 위협…"6조 증자 필요

•   머니투데이: “2가구 모집에 5만6000명”…전매제한 앞두고 청약 폭주

•   머니투데이: "어머, Z 플립은 사야돼" 판매 ↑…코로나도 이겼다

•   헤럴드경제(P1): ‘55만개+α’ 직접일자리 공급

•   헤럴드경제(P1): 코로나 위기에 머리맞댄 경총 회장단…법인세 인하 등 촉구

•   헤럴드경제: 코로나 대출…금융은 ‘핑퐁’·정부는 ‘뒷짐’

•   헤럴드경제: MSCI지수 셀트리온제약 재입성…한진칼은 고배

•   파이낸셜뉴스(P1): 소부장 특화단지 지정…100대 핵심기술에 R&D 지원

•   파이낸셜뉴스: 정부, 증권거래세 점진적 인하… 양도세 확대도 검토

•   파이낸셜뉴스: 與 용역보고서 "文정부 3년간 소득불평등 개선 안돼… 사회안전망 강화를"

•   파이낸셜뉴스: 멈췄던 해외공장 속속 돌아가는데… 삼성·LG "낙관 이르다"

•   파이낸셜뉴스: 이태원發 코로나 공포에… 삼성 계열사 첫 분산 근무 돌입

•   아시아경제: 분양권 막히니 재개발 후끈…'풍선효과' 번지나

•   아시아경제: 김동연 前 부총리, 무상 디지털 교육사업 나서…취약계층 초등생 대상

•   디지털타임스(P1): "코로나에 죽었다" 골목상권의 통곡

•   디지털타임스: 3년뒤 100兆 시장… 배터리는 노다지

•   이데일리: 정부는 유턴기업 지원한다지만…높은 인건비 부담이 걸림돌

•   이데일리: 코로나로 공장도 못 돌리는데…여름철 산업용 전기할증 완화하나

•   이데일리: 中스마트폰 깜짝 회복세…삼성디스플레이, 2Q 흑자전환 청신호

•   연합: 정부, 풍황·환경·산림 정보 한눈에…육상풍력 입지지도 개발

•   연합: 두산家 4세 박중원, 사기로 징역 3년…잠적해 구속 안 돼

•   뉴스핌: 삼성 배터리 살펴본 정의선 부회장...'비행체' 상용화 속도낼까

•   뉴스핌: 위기의 두산중공업...두산, 경영정상화 구체안 오늘 의결

•   뉴스1: 카본프리' 꿈꾸는 제주, 신재생에너지 확대 속도조절

•   KBS: 현금다발 들고 찾아온 VIP…굳게 닫힌 병원 문이 열렸다!

•   아주경제: ​두산솔루스 ‘장밋빛 전망’, 매각가↑ vs 인수부담↑

•   아주경제: 두산, 3조 유동성 확보 속도…“매각자산 제값 받기는 글쎄”

•   팍스넷뉴스: [공정위 기업집단] [2020] 현산 뜨고 두산 지고…미리보는 서열 변화는?

•   더기어: 박진원 두산메카텍 부회장 ‘프로포폴 상습 투약’ 법정 증언..처벌 수위는?

•   reNews: India ‘risks’ missing wind target

•   Renewables Now: Hydrogen focused Plug Power to offer USD 200m in convertible notes

•   Windpower Monthly: Hydrogen feasibility project construction begins

•   Windpower Monthly: Covid-19 update: SGRE credit outlook lowered

•   FuelCellsWorks: Bloom Energy Announces First Quarter 2020 Financial Results - FuelCellsWorks

•   에너지경제: 원전·석탄 비중 '뚝'...한전 발전자회사 통합 신호?

•   에너지데일리: 한전, "자회사에 '공대 설립자금 내라' 사실과 다르다"

•   KHL: Construction equipment sales hit record heights

•   Equipment World: Kobelco's new SK130LC-11 excavator the first in next-gen lineup

•   Equipment World: Bobcat intros utility bucket for small articulated loaders

•   Construction Equipment: Cat Adds Edge to MineStar

•   건설경제: ‘LNG발전 확대’ 정부 로드맵 반발 거세다

•   건설경제: 건설현장 줄줄이 ‘올스톱’ 위기

•   OilPrice.com: Asian LNG Prices Spike 20% As Demand Returns

•   CNET: Unitree A1 looks like Boston Dynamics' Spot robot but costs less than $10K

•   전자신문(P1): [단독]韓 뉴딜, 노후 SOC 디지털 일환 '데이터 댐' 사업 추진

•   전자신문: [이슈분석]삼성과 현대차 이어준 매개체 '전고체 배터리'란?

•   전자신문: SK텔레콤, 세계 최초 5G 에지 클라우드 상용화 추진

•   전자신문: 中 스마트폰 시장 회복세...스마트폰 부품주 기대감 상승

•   디지털데일리: 수출규제 역풍 맞은 日…‘불화수소 1위’ 스텔라케미파, 영업익 급감

•   Phone Arena: With the Note 20, Samsung may right all display and scanner wrongs of the Galaxy S20

•   Phone Arena: The Samsung Galaxy Fold 2 and Galaxy Z Flip 5G puzzle pieces keep falling into place

•   Inside EVs: China: New Energy Vehicle Sales In April Continue On Road To Recovery

•   Robot Report: AGVs vs AMRs: differences between mobile robots

•   로봇신문: 中 과기대, 최대 자유도 '외골격 로봇' 개발

•   물류신문: 현대건설기계-KT, 물류 솔루션 고도화 위해 손잡아

•   Nikkei Asian Review: Japan to inject capital into virus-hit companies

•   Nikkei Asian Review: Most of Japan to reopen Thursday, but not big cities

•   Nikkei Asian Review: Sony reports annual profit drop after coronavirus disruptions

•   Nikkei Asian Review: Haunted by a phantom, China fights a modern-day siege

•   Economic Times: FM Sitharaman announcement highlights: First part of the Rs 20 lakh crore economic stimulus unveiled

•   Economic Times: View: May we remain awed rather than shocked when PM's stimulus package unfolds

•   Economic Times: NBFC: Over Rs 70,000 crore debt of NBFCs maturing in Q1

•   Economic Times: India waits with bated breath for fine print of Modi's grand plan

•   Folha de S.Paulo: São Paulo State 'Lockdown' Inevitable If Self-Isolation Does Not Rise in the Coming Weeks, Study Shows

•   Moscow Times: Russian Investment Slumps to Pre-Crimea Levels

•   Jakarta Post: BI, government to share debt burden to finance business rescue program

•   Jakarta Post: Govt to provide US$1.68 billion stimulus package with hotel, airfare discounts

•   Jakarta Post: Ad spending plunges as companies reduce marketing activities amid outbreak

•   Jakarta Post: Energy, utility companies cut costs to survive slumping demand

•   Jakarta Post: Government to allocate extra spending of Rp 56 trillion in 2021 to revive economy

•   Viet Nam News: Target of one million firms a tall order amid COVID-19

•   Viet Nam News: PM permits re-opening of sub-border gates with China

[Opinions]

•   Project Syndicate(Barry Eichengreen): Managing the Coming Global Debt Crisis

•   Project Syndicate(Jayati Ghosh): Messages from “Fiscal Space”

•   Project Syndicate(Esther Duflo et al): Averting Catastrophe

•   Project Syndicate(Mauricio Cárdenas): Emerging Economies Need New Finance, Not Moratoriums

•   FT(Editorial Board): Now is not the time to worry about the UK debt burden

•   FT(Gillian Tett): America, coronavirus and the bailout refuseniks

•   FT(Leo Lewis): Japan models a new look for national security

•   FT(Andrea Vismara): Debt should not be the only tool to get companies through Covid-19

•   FT(Paul Murphy): The Zimbabwification of Wall St

•   FT(David Pilling): Any Covid-19 vaccine must be a global public good

•   FT(Anson Chan): China can ill-afford a further disgrace in Hong Kong

•   WSJ(Walter Russell Mead): Germany Needs to Become a Great Power Again

•   WP(David Ignatius): Think we have military primacy over China? Think again.

•   WP(Paul Waldman): Why Trump needs the pandemic to be polarized

•   WP(Leana S. Wen): We’re retreating to a new strategy on covid-19. Let’s call it what it is.

•   WP(E.J. Dionne Jr.): Recovery would be a bargain at $3 trillion

•   WP(Mitchell Abidor): These Young Socialists Think They Have Courage. They Don’t.

•   Bloomberg(Daniel Moss): Deadly Equations Confront Asia's Virus Reopening

•   Bloomberg(Justin Fox): Covid-19 Won’t Change Everything for Workers. Right?

•   Bloomberg(Noah Smith): Six Ways the Coronavirus Will Make Inequality Worse

•   Bloomberg(Narayana Kocherlakota): The Fed Should Stop Being Such a Drag

•   Bloomberg(Brian Chappatta): Powell Slams Door on Trump's Negative Rates ‘Gift’

•   Bloomberg(Andy Mukherjee): Modi’s Need for Control Impairs India’s Virus Recovery

•   Bloomberg(Marcus Ashworth): Britain’s Silly Flirtation With Negative Interest Rates

•   Bloomberg(Therese Raphael): Britain’s Giant Furlough Program Is Only Just the Start

•   Bloomberg(Karl W. Smith): States Don’t Need Coronavirus Relief — Yet

•   Bloomberg(Jonathan Bernstein): Republican Deficit Hawking Is About to Backfire

•   Bloomberg(Bobby Ghosh): Empty Chest-Thumping Won’t Win U.S. Allies on Iran

•   Bloomberg(Max Nisen): Reopening States Need to Be Ready to Reclose

•   Bloomberg(Ben Schott): Business As Usual Is Still a Long Way Off

•   Bloomberg(Hussein Ibish): The World Won’t Endorse Israel’s Annexation Plan

•   Bloomberg(Sarah Green Carmichael): Why Open Offices Will Survive

•   MarketWatch(Pierre Briançon): The U.K. economy tanked less than Europe’s in the first quarter. Here’s why that’s bad news.

•   조선비즈(안재만): 알짜자산 다 팔게 하는 정부 구조조정, 미래사업 잃는 기업들