Business Intelligence Monitor 211001

(Introduction)

[Markets]

•   Global: Stocks extend decline as inflation fears persist

•   US: Dollar hits one-year high as traders anticipate US rate rises

•   Natural gas·Power: Europe’s Energy Crunch Deepens as China Set to Fight for Supply

•   Natural gas: Asian LNG Price Soars to Record-High on Competition for Fuel

•   Coal: China Coal Futures Surge to a New Record Amid Power Crisis

•   Metals: Base metals hurt by strong dollar and China power curbs

•   Iron ore: Iron ore price jumps as Fortescue halts Pilbara operations

•   Grains: Wheat futures surge as U.S. supplies drop to 14-year low

•   DRAM: 9월도 메모리 가격 보합…“D램은 4분기 하락”

•   한국: 코스피 사흘만에 소폭 반등…0.28% 올라

•   한국: 공장 준공·수주 호재에 중공업주 ‘방긋’

•   한국: 중국 전력난에… 포스코·하이닉스·LG 주식 된서리

•   한국: 두산그룹주 대체로 올라, 두산 1%대 상승 오리콤 2%대 하락

[Indicators]

•   OPEC Sep. Oil production: OPEC Sept oil output rises on Nigerian rebound, OPEC+ boost

•   US Sep. Car sales: Car Sales in U.S. Seen Dropping as Buyers Stymied by Chip Shortages

•   US Weekly Jobless claims: U.S. Jobless Claims Have Remained Near Pandemic Lows in September

•   Eurozone Aug. Employment: Eurozone Unemployment Rate Fell in August

•   Germany Sep. Employment: German Jobs Recovery Slows as Supply Squeeze Damps Growth

•   Germany Sep. CPI: German inflation hits 29-year high of 4.1%

•   UK Q2 GDP(final): UK economy grew faster than projected in second quarter

•   China Sep. PMI: China’s Manufacturing Weakens, as Power Cuts Threaten More Damage

※   Contraction ends 18-month expansion that powered the country’s recovery from the Covid-19 pandemic

•   Japan Aug. Industrial production: Japan's factory output extends declines on car production cuts

•   India Q2 Current account: India current account records surplus in three months to end-June

•   India Aug. Fiscal account:April-August fiscal deficit reaches 31.1% of FY22 target

•   India Aug. CPI:Retail inflation for industrial workers eases to 4.79% in August

•   India Aug. Core industry production: Core sector output expands 11.6% in August

•   Brazil Jul. Employment: Brazil Unemployment Eases on Less Restrictions, More Vaccines

•   Mexico Benchmark rate: Mexico Hikes Key Rate for Third Straight Time on Price Spike

•   Saudi Arabia Q2 Employment: Saudi Unemployment Drops to Lowest Level in a Decade

•   Chile Aug. copper output:Chile copper output down in August as labor strikes dog production

•   한국 8월 산업활동: 생산 소비 투자 동반추락하자…홍남기 "위드코로나 서둘러야"

※   기재부: 거시경제금융회의 개최 결과

•   한국 8월 사업체 노동력: 4차 유행에도… 사업체 종사자 6개월 연속 증가

•   한국 주간 아파트 가격(부동산원): 기다릴 때? 지금 매수 타이밍?…상승폭 줄어든 아파트값 전망은

•   한국 주간 아파트 수급동향(부동산원): 금융당국 '돈줄 죄기'에 아파트 매수심리 3주 연속 꺾여

[Trackers]

•   Johns Hopkins University: COVID-19 Global Cases & Deaths

•   Worldometer: COVID Live Update

•   Bloomberg: Covid-19 Vaccine Tracker

•   NYT: Covid-19 Vaccine Tracker: Latest Updates

•   FT: Pandemic crisis: Global economic impact tracker

•   CNN: Tracking America's recovery

•   Bloomberg: Global PMI Tracker

•   Bloomberg: The Covid Resilience Ranking

[News]

•   WSJ: Pelosi Says House Heading Toward Infrastructure Bill Vote Thursday

•   WSJ: Congress Passes Bill Averting Government Shutdown

※   Agreement extends funding through early December

•   WSJ: From BIF to Byrd, a Guide to Congressional Fiscal Terms

•   WSJ: Manchin Says His Spending, Climate Stance Should Be No Surprise

•   WSJ: Powell Says Fed Faces ‘Difficult Trade-Off’ if Inflation Doesn’t Moderate

※   ‘Our expectations is that inflation will come down,’ central bank leader tells lawmakers

•   WSJ: In Well-Vaccinated Maine, Covid-19 Still Fills Hospitals With the Unvaccinated

•   WSJ: Global Gas Shortage Stings U.K., Showing Shortcomings in Its Energy Transition

•   WSJ: End of Covid-19 Jobs Program to Test U.K. Recovery

•   WSJ: Germany’s Election Results Show Young Voters’ Growing Influence

•   WSJ: China’s Power Crisis Piles More Pressure on Inflation

•   WSJ: Stock Market’s September Slump Exposes Messy Underside

•   WSJ: In Bond Market Rout, Investors See Overdue Correction

•   WSJ: Covid-19 Factory Closures Prompt Some U.S. Businesses to Rethink Vietnam

•   WSJ: Car Companies Buckle Up for Extended Chip Shortage

•   WSJ: U.S. Frackers Fear Vaccine Mandate Will Worsen Worker Crunch

•   WSJ: Cost Pressures Aren’t Yet Crimping Corporate Profits

•   NYT: Janet Yellen says she supports eliminating the debt limit.

•   NYT: A study finds no signs of trouble in getting flu and Covid shots at the same time.

•   NYT: A survey finds more U.S. parents say they’re willing to vaccinate their children.

•   NYT: Biden Campaigned as the Anti-Trump. But a Clean Break Is Never Easy.

•   NYT: European Union nations risk a new virus surge if they ease restrictions now, health officials warn.

•   NYT: How Asia, Once a Vaccination Laggard, Is Revving Up Inoculations

•   WP: How the debt ceiling and Biden agenda will affect the economy and American families

•   WP: Messy, incomplete U.S. data hobbles pandemic response

•   WP: Inside America’s Broken Supply Chain

•   WP: China power cuts shut down factories, fuel climate goal pushback

•   WP: South Korea to Biden administration: North Korea is ‘strengthening’ its missile program

•   WP: GM sets earlier deadline for all-renewable energy

•   FT: Stagflation fears intensify in signs of slowing growth

※   Economists have played down comparisons with the 1970s oil shock

•   FT: Chinese energy order points to harsher gas crunch for Europe

•   FT: WTO clambers towards an unambitious summit

•   FT: France to block gas and electricity price rises until the spring

•   FT: German businesses optimistic about potential three-party coalition

•   FT: How does Labour move on from Brexit?

•   FT: Confusion abounds as US rolls out scaled-back booster campaign

•   FT: Blinken says US and EU could do ‘more and better’ on tech security

•   FT: Turkey and Russia could deepen defence and security ties, says Erdogan

•   FT: Hong Kong’s ‘loyal critic’ faces tough test as Beijing targets media

•   FT: Rally in Dollar Poses New Challenge to China Recovery

•   FT: Big investors plan to cut exposure to Chinese assets on regulatory worries

•   FT: Central bank digital currencies may not replace crypto, BIS says

•   FT: Crypto products offering returns cannot avoid regulation, says SEC boss

•   FT: Goldman Sachs was poised to triumph in China. What happened?

•   FT: US car shortage hits everyone from dealers to junkyards

•   FT: The shale patch can’t fill jobs fast enough

•   Telegraph: China asks Russia to boost electricity supplies amid widespread blackouts

•   BBC: China Tells Bankers to Support Property Market, Homebuyers

•   Bloomberg: China Orders Energy Companies to Secure Supplies for Winter at All Costs

•   Bloomberg: Global Tax Talks Race to Resolve Hurdles With Time Running Out

•   Bloomberg: Energy Crisis Adds New Hurdle to COP26 Goal of Ending Coal

•   Bloomberg: Democrats Still in the No-No-No Stage of Negotiating Budget Deal

•   Bloomberg: Vaccine Mandates Reach 25% of U.S. Companies After Biden Order

•   Bloomberg: Biden Adviser Wu Bemoans Rise of Corporate Power Across Economy

•   Bloomberg: U.S. EU Set Aside Tension for Trade, Tech Diplomacy First

•   Bloomberg: EU Makes $2 Billion Push to Curb Reliance on China’s Rare Earths

•   Bloomberg: European Countries Are at Risk of Autumn Covid Surge, ECDC Says

•   Bloomberg: Laschet Fights for German Chancellor Bid With Coalition Push

•   Bloomberg: U.K. Directors’ Confidence in the Economy is Falling Off a Cliff

•   Bloomberg: China Contains Covid Delta Outbreak Ahead of Golden Week

•   Bloomberg: China Vaccine Diplomacy Wavers as Nations Seek Western Shots

•   Bloomberg: India Raises Domestic Gas Rates on Surging Overseas Prices

•   Bloomberg: Saudi Arabia Boosts 2022 Revenue Forecast Amid Rising Oil

•   Bloomberg: Brazil Central Bank More Upbeat Than Economists on 2022 Growth

•   Bloomberg: South Africa Eases Virus Curbs After Third Infection Wave Ends

•   Bloomberg: South Africa Extends Financial Close for Emergency Power Bids

•   Bloomberg: South Africa’s Mantashe Backs Coal Amid Climate Talks

•   Bloomberg: Fed Reverse Repo Use Hits $1.6 Trillion on Last Day of Quarter

•   Bloomberg: Duration Danger Is Making Europe’s Ultra-Long Bonds a Hard Sell

•   Bloomberg: Wall Street Titans Reveal the Next Big Risks: Deflation, Inequality, Hackers

•   Bloomberg: OPEC’s 43% Revenue Plunge Helps Explain Strict Supply Policy

•   Bloomberg: Tesla Loses China Fraud Case in Latest Setback in Key Market

•   Bloomberg: GE, Siemens Settle Trade Secret Dispute Over Gas Turbines

•   Bloomberg: Solar-Power Giants Warn of Delays Amid Supply-Chain Crunch

•   Bloomberg: Iron Battery Breakthrough Could Eat Lithium’s Lunch

•   Reuters: China Evergrande says made 10% repayment of wealth management products due Sept 30

•   Reuters: Some Evergrande bondholders not paid coupon by end of Wed deadline NY time-sources

•   Reuters: OPEC+ considers options for releasing more oil to the market -sources

•   Reuters: Fed's Evans: 'Let's be patient' on U.S. inflation

•   Reuters: Bostic: U.S. near full employment next year, rate liftoff in 2022, three hikes in 2023

•   Reuters: Euro zone to discuss economic hit from soaring energy prices

•   Reuters: Iran nuclear talks to resume in acceptable period of time - EU

•   Reuters: BOJ Kuroda vows to keep easy policy on weak consumption, inflation

•   Reuters: Vietnam's biggest city to start lifting COVID-19 curbs to spur business

•   Reuters: China's Golden Week travel not expected to return to pre-COVID levels this year

•   Reuters: Taiwan sees upside from China power curbs if orders shift

•   Reuters: 'Natural' for global bond yields to rise from here, say strategists

•   Reuters: Investors see Japan's Kishida as market-friendly but reforms in question

•   Reuters: China hikes 2021 rare earth quotas by 20% to record highs

•   Reuters: EXCLUSIVE The king of oil bets on batteries for a green world

•   Reuters: Chip shortage leads carmaker Opel to shut German plant until 2022

•   Reuters: Analysis: From chips to ships, shortages are making inflation stick

•   Reuters: Analysis: Growth funds among Q3 winners for U.S. investors as COVID worries grew

•   Reuters: Analysis: U.S. Fed navigates policy minefield with impending digital dollar report

•   Reuters: Analysis: Japan 'shadow shogun' Abe assured clout over next PM Kishida

•   CNBC: Why China’s power crunch is such a big deal

•   CNBC: China’s power crunch pushes foreign businesses to invest in factories elsewhere

•   CNBC: Investing: Jefferies on commodities, stocks that benefit from China power crisis

•   CNBC: The U.S. and EU discuss ways to solve the global chip shortage: Here’s what you need to know

•   CNBC: Supply chain woes from Covid and energy may spark ’70s-style inflation, economist Stephen Roach warns

•   CNBC: U.S. auto sales forecast to plunge in 3Q as chip shortage plagues industry

•   CNBC: Asia could accelerate its transition to renewable energy, says power firm executive

•   MarketWatch: Cnooc Ltd. Discovers Oil in China's Bohai Bay

•   SCMP: China’s power crisis – prompted by emission targets, spiralling coal prices – infuriates global firms, pushes up manufacturing costs

•   SCMP: China power crisis: US firms want outages to be better managed as they complain of disruption to their operations

•   SCMP: China power crisis: Guangdong raising electricity prices for industrial users by 25 per cent in peak hours

•   SCMP: Ganging up on China ‘is doomed to fail’, Beijing’s ambassador tells India

•   SCMP: China points finger at Aukus as it rallies support to join CPTPP

•   SCMP: China’s population could halve within the next 45 years, new study warns

•   Caixin: Charts of the Day: China Tops Global Outbound Investment Table for First Time

•   Nikkei Asia: U.S. asks if Japan's Kishida is strategic partner in the Abe mold

•   Nikkei Asia: Businesses in Japan call for border reopening as COVID curbs ease

•   Nikkei Asia: Cambodia counts the cost of its push to expand coal-fired power

•   OilPrice.com: Russia Has Massive Hydropower And Wind Energy Potential

•   OilPrice.com: Study: Mexico Has 22 Terawatts Of Green Hydrogen Potential

•   DIGITIMES: China power cuts may impact more than chips shortage

•   DIGITIMES: Notebook vendors remain optimistic about 1H22

•   DIGITIMES: Server supply to remain constrained through mid-2022

•   Dronelife: Dual-Use Drone Technology: Closing the Gap Between Military and Commercial Applications

•   매경(P1): 광군제·블프 앞두고 전세계 물류 비상

•   매경: "코로나 2년간 세계 물류근로자 혹사…한계상황 왔다"

•   매경: 공급망發 인플레에 각국 중앙銀 무대책

•   매경(P1): 배달플랫폼, 중대재해법 우린 어쩌라고…

•   매경: 고용부·경찰 '수사권 기싸움'에 시름 깊은 기업들

•   매경: "기업인 형사처벌만 줄여도 경제 활력…주주권한 늘려 견제가능"

•   매경(P1): 카드 사용액 돌려주는 캐시백 1일부터 신청

•   매경: "가계부채 증가율 최대한 억제…올해 6%·내년 4%대로 제한"

•   매경: 원자재 수급난에…정부, 긴급대책회의

•   매경: "월 10만원 줄테니 고령자 고용 확대하라"…고용절벽 대응예산 54억이 전부?

•   매경: 한달간 5조 던진 기관, 이 종목은 샀다…어떤 기업이길래

•   한경(P1): 中企 '인증 몸살'…납품 포기 속출

•   한경: "신제품 내놓기가 무섭다"…중소기업 사장의 한탄

•   한경(P1): LNG발전 '돈줄' 막는 정부

•   한경: 이상한 녹색분류체계…"탄소 발생한다고 LNG도 석탄 취급"

•   한경: 델타변이 뚫고 열린 두바이 엑스포…'한국관' 살펴보니

•   한경: "탄소세 쇼크…철강·비철 생산비 매년 4.5% 증가"

※   한국은행: 조사통계월보 2021년 9월호

•   한경: "디지털·친환경 전환, 기업 혼자 못해"…정부 "사업재편 맞춤 지원"

•   한경: 한전, 재생에너지 연계 송변전 설비 대폭 늘린다

•   한경: "脫탄소 시대에 투자하세요"…탄소배출권 ETF 4종 첫 출격

•   한경TV: [단독] 정부, SK바사 '코로나 백신' 선구매 추진

•   서경(P1): [단독] 원전 대신한 LNG '역풍'···에너지위기 부추긴다

•   서경: 연료비 급등에 에너지안보까지 흔들···"전력수급계획 새로 짜야"

•   서경: 수소경제의 역설···원전 빼고 화석연료에 의존

•   서경(P1): 이사회의 '반란' ···'거수기' 거부, 경영안건 부결·지배구조 개입

•   서경(P1): 금융위 경고 하루만에 카카오뱅크 '마통' 전면중단

•   서경: 소통없이 35% 탄소감축 일방결정···"NDC 못 맞추면 韓 떠나야할 판"

•   서경: ‘ESG 4법’까지 경영활동 겹겹 규제···중기 90% "준비 안돼"

•   서경: 코로나 치료제·백신 개발에 내년 5,265억 투입

•   서경: "아파트 비싸니 빌라라도"···서울 빌라 거래량 9개월째 아파트 추월

•   조선: 백신 미접종자, 내달 18일부터 예약 안해도 현장서 곧장 맞는다

•   조선: 154개 시민단체 “확진자 말고 중환자 숫자로 1~4단계 구분을”

•   조선: 삼성준법위, 지배구조 개선 적극 개입 시사

•   조선: 해운업계 8000억 과징금 폭탄, 국회에서 해결될까

•   조선: [Mint] 다우지수 3% 오를 때 다우운송은 6% 하락… 경기 하락 시그널인가

•   조선: [Mint] “수익률 확 올려볼까” 비상장회사 몰려간 헤지펀드들, 올 상반기만 179조원 넣어

•   조선: [Mint] 재택근무 보편화되자… 美직장인 ‘근무 중 투잡’ 열풍

•   조선: [Mint] 인구 줄고 실업률 늘고… 코로나가 부른 도시의 쇠퇴

•   조선: [Mint] 제주도는 해결못한 신재생발전 전력 불균형, 하와이는 민간업체에 맡겨 ‘뚝딱’

•   조선: [Mint] 코로나가 키워놓은 ‘쓰레기 더미’… 폐기물 처리업체엔 ‘돈 더미’

•   조선: [Mint] “웨어러블 잡아라” 美빅테크들의 격전지가 된 헬스케어

•   조선비즈: 현대重·대우조선 합병 기한 연말로 연장

•   조선비즈: 전력거래소, 내달 8일 ‘서울국제전력시장 콘퍼런스’ 개최

•   조선비즈: ‘역대 최대 SOC 예산’에도… 미지근한 반응 나오는 건설업계

•   조선비즈: “분양가상한제 개편 지켜보자”… 수도권도 지방도 줄줄이 ‘분양연기’

•   조선비즈: [단독] 文정부 4년간 제조업 일자리 21만개 증발

•   조선비즈: “나온다고도 안나온다고도 못해”…삼성전자 QD-OLED・네오 QLED 카니발리제이션 걱정

•   중앙: 이재명·이낙연 ‘그린’에 방점…홍준표 “탄소세 부과 신중해야”

•   중앙: 파운드리 점유율 TSMC 58%, 삼성 14%

•   중앙: SK 도시유전, 두산 수소전지…재계, 탄소중립 가속도

•   중앙: 서울 신축빌라 전세 조심하세요…4건중 1건은 ‘깡통전세’

•   중앙: 이란 최고지도자 “한국산 전자제품 수입 금지”

•   동아(P1): 중증 병상 석달간 822→984개 찔끔 늘어… 최소 1500개 확보해야

•   동아: 美 “北 극초음속미사일 안보리 결의 위반… 동맹국들과 다음 조치에 대해 긴밀 협의”

•   동아: “기시다에 ‘위안부 합의’ 논의 제안, 한일관계 개선 모멘텀 될것”

•   동아: “日과 미래관계 협력” 밝힌 靑, 징용판결 난제에 고심

•   한국(P1): 가계대출 금리 3%도 돌파... "금리, 더 오를 일만 남았다"

•   한국: "카카오 잡다 혁신 다 죽일라"… '플랫폼 국감' 앞두고 경계 목소리

•   한국: 규제 압박에도… 카카오 '울상' 네이버 '느긋'한 까닭

•   한국: "정부, 민간위원으로 '그린 워싱'하나" 종교계, 탄소중립위에 직격탄

•   한국: [단독] 한전, 호주 석탄광산에 ‘수소단지’ 조성 추진… "해외 석탄개발 변화 신호탄"

•   한국: 고승범, 증권사 모아 놓고 "과도한 레버리지·자산쏠림 경계해라"

•   국민(P1): 그래도 산다… 2030은 왜 서울 아파트 영끌하나 [스토리텔링경제]

•   국민: [단독] 불과 2년새… 서울·경기 아파트 28만채 주택연금 못 받아

•   국민: 연내 공급예정 백신 1억2000만회분… 삼바 생산물량 투입 땐 숨통

•   국민: ‘아이폰13’ 오늘 한국 출격… 삼성 폴더블폰 열풍에 도전장

•   서울(P1): 기재부 “동결” 하루 만에… 가스요금 인상 검토한다는 산업부

•   서울: “언젠가 부담” “합의 끝난 것”… 가스요금 놓고 ‘부처 힘겨루기’

•   세계: [단독] 자고 나면 치솟는 집값… ‘주택’이 자산불평등 더 키웠다

•   한겨레: 통상본부장 “CPTPP, 전략적 가치 크다···가입 적극 검토”

•   한겨레: 주담대 옥죌 때 전세대출은 느슨…‘갭투자’ 동력돼 집값 올렸다

•   머니투데이(P1): [단독]中 추격 거센데...디스플레이 지원 제외한 정부

•   머니투데이: 턱밑까지 온 中 디스플레이..."이대로면 올해 1위 뺏긴다"

•   머니투데이: 당정, '초파격적' 반도체지원 공언만… '용두사미' 그치나

•   머니투데이: 국내 최초 수소 섞어 태우는 화력발전소, 세종에 세운다

•   머니투데이: [단독]삼성, 與에 "백신 공장 6% 세제 혜택달라"

•   머니투데이: [단독]집값하락 신호?..서울 아파트 거래 35%는 가격 하락했다

•   헤럴드경제(P1): “집 안 판대요” 서울 매물 씨말랐다

•   헤럴드경제: “서민 살집이 사라진다”...서울 6억 이하 아파트 3만채 실종

•   헤럴드경제: 주담대 금리급등은 시장 탓?...은행들만 마진 더 챙겼다

•   파이낸셜뉴스: 정의선 야심작' 제네시스 질주 글로벌 판매 연내 60만대 넘긴다[제네시스 첫 전기차 공개]

•   파이낸셜뉴스: 서울 2070곳 '미니 재건축' 속도

•   파이낸셜뉴스: 삼성의 '평택 마스터플랜'… 6공장 완공땐 일자리 21만개 창출

•   디지털타임스: 전기車 급성장에 주목받는 화합물 반도체

•   이데일리(P1): 美中 충돌·소부장 공급난·정부 홀대…반도체 곡소리

•   이데일리: 기업기밀 내놓으라는 美, 반도체굴기 속도내는 中…설자리 없는 韓기업

•   이데일리: "20년째 단기성과 집착…韓 반도체 미래기술 없다"

•   이데일리: 美는 반도체공장 유치하려 재산세도 없애는데…첫삽 뜨기도 힘든韓

•   이데일리: 2050 탄소중립 시나리오에 빠진 ESS 구축안…“천문학적 비용 탓”

•   이데일리: [단독]"1차 접종도 안 했는데 2차 통보?" 접종 속도↑ 여기저기 '오류'

•   연합: 오늘 2천500~2천600명대 예상…'거리두기 2주 재연장' 오전 발표

•   이투데이: [단독] 국회 산자위, 삼성전자 RE100 추진 따져본다

•   아주경제: [단독] 두산퓨얼셀, 서부발전에 연료전지 시스템 공급...점유율 청신호

•   데일리안: [창간17주년 2021 경제산업비전포럼] 김동연 "기득권 둑 허물어야 기회가 강물처럼 흘러"

•   노컷뉴스: 박용만 두산경영연구원 회장 "신산업 발전 가로막혀"

•   에너지경제: 하반기 RPS 고정가격계약 입찰물량 2.2GW…업계 "기대 못미친다" 반발

•   전자신문(P1): 삼성전자, '폴더블 유리' 내재화…공급망 경쟁 시동

•   전자신문: 삼성전자 '폴더블 유리' 내재화 업계 파장은?

•   전자신문: 코로나가 바꾼 세계 가전시장…"사상 최대 규모, 온라인 판매 급증"

•   ZDNet Korea: 디지털자산은 투기라는 편견깨야 미래산업이 보인다

•   디지털데일리: 파운드리도 메모리도 EUV…ASML, 2025년 매출 전망치 25% 상향

•   디지털데일리: ‘갤럭시Z폴드3·플립3’ 품귀…삼성전자, 중고폰 보상도 10월까지 '연장'

[Opinions]

•   Project Syndicate(Jorge G. Castañeda): Biden's Border Crisis

•   Project Syndicate(Michael Spence): Betting on Italy

•   Project Syndicate(Jean Pisani-Ferry): The Geopolitical Conquest of Economics

•   Project Syndicate(Simon Johnson): Will the Federal Reserve Support Inclusive Prosperity?

•   FT(Editorial Board): Fumio Kishida needs to be a leader Japan can get behind

•   FT(Philip Stephens): The west is the author of its own weakness

•   FT(Gillian Tett): Politicians need to be more active when it comes to greenflation

•   FT(Edward Luce): Joe Biden’s rapid retreat on climate ambitions

•   FT(Martin Sandbu): The real meaning of China’s Evergrande problem

•   FT(Richard Waters): Big tech stocks show their dominance

•   FT(Victor Mallet): Populists, animal-lovers and Frexiters vie for the Elysée

•   WSJ(Editorial Board): Biden’s Energy Price Shock

•   WSJ(Editorial Board): Comptroller of the Economy

•   WSJ(Editorial Board): Moment of Truth for the Moderates

•   WSJ(Kimberley A. Strassel): The Joe Manchin Moment

•   WSJ(Karl Rove): Biden’s ‘If You Like Your Plan’ Moment

•   WSJ(Sadanand Dhume): The Quad Enters the Ring With China

•   WSJ(Paul Wolfowitz): The Real Winner of the Next FCC 5G Auction? Huawei

•   WSJ(Monica Gandhi): Covid Will Soon Be Endemic, Thank Goodness

•   WSJ(Brian Reardon): The Democratic Plan to Soak Main Street

•   WSJ(Bjorn Lomborg): Want to Lock Down for the Climate?

•   NYT(Adam Mount, Van Jackson): What AUKUS Means for U.S.-China Great Power Competition

•   WP(Editorial Board): No, Sen. Warren, the Fed chairman is not a ‘dangerous man’

•   WP(Eugene Robinson): Covid-19 is sticking around. Time to stop pretending it’s not your problem.

•   WP(Michael Gerson): The Democrats’ agenda is right. But the strategy’s all wrong.

•   WP(Ian Dunt): Who could guess Brexit would cause food and gas shortages? Actually, anyone.

•   Bloomberg(Editorial Board): Kaplan, Rosengren Trading Scandals Show the Fed Needs an Ethics Fix

•   Bloomberg(Justin Fox): Big Cities Are Holding Back the U.S. Jobs Recovery

•   Bloomberg(Adam Minter): China Still Loves Apple, Politics Aside

•   Reuters(John Kemp): Hurricane Ida's lingering effects tighten global oil market

•   Reuters(Clyde Russell): China's coal crunch is self-inflicted, costly and temporary

•   매경(사설): 기다릴 때? 지금 매수 타이밍?…상승폭 줄어든 아파트값 전망은

•   한겨레(서복경): 기후위기, 논쟁을 하자!

•   디지털타임스(사설): 탄소중립기본법과 시민단체 먹여 살리기

Business Intelligence Monitor 210930

(Introduction)

[Markets]

•   Global: Shares stanch bleeding after selloff

•   Natural gas: European Energy Prices Continue Run of Record Highs

•   Natural gas: Natural gas drops 7%, sharpest decline since January following big run-up on supply concerns

•   Metals: Copper falls as power shortages grip top consumer China

•   Iron ore: Iron ore price up despite falling steel demand

•   Grains: Corn, soybeans, wheat move higher ahead of USDA stocks data

•   한국: 미국 증시 급락…코스피 이틀 연속 1%대 하락 마감

•   한국: 500만 삼전주주 어떡하나…TSMC 마이크론까지 우수수 떨어진다

•   한국: 두산그룹주 대체로 내려, 두산 3%대 두산중공업 2%대 떨어져

•   한국: 헝다 급한불 끄자 원화값 일단 반등

[Indicators]

•   US Aug. Pending home sales: Pending Home Sales in U.S. Rebound to a Seven-Month High in August

•   US Weekly Mortgage rates·applications: Mortgage demand falls as rates rise to highest level since July

•   Eurozone Sep. Economic sentiment: Euro-Area Economic Confidence Bolstered by Consumers

•   Eurozone Sep. Economic activity: Eurozone consumer activity returns to pre-pandemic levels

※   Data show rising confidence but high energy prices and supply-chain disruptions pose threat

•   UK Aug. Mortgage approvals: U.K. Mortgage Approvals Ease as Housing-Market Frenzy Cools

•   Thailand Benchmark rate: Thailand Holds Rate on Rebound Optimism as Restrictions Ease

•   한국 7월 인구동향: 출생아수 또 사상 최저… 나홀로 노인 166만 가구

•   한국 9월 BSI·ESI: 코로나·유가 등에 기업 체감경기 나빠졌다

•   한국 4분기 수출산업경기전망조사: 4분기 수출도 호조 전망… 원재료값·물류비 상승은 걸림돌

•   한국 4분기 중견기업 경기전망조사: 중견기업 4분기 경기전망 하락… 車·전자 ‘맑음’ 건설 ‘흐림’

[Trackers]

•   Johns Hopkins University: COVID-19 Global Cases & Deaths

•   Worldometer: COVID Live Update

•   Bloomberg: Covid-19 Vaccine Tracker

•   NYT: Covid-19 Vaccine Tracker: Latest Updates

•   FT: Pandemic crisis: Global economic impact tracker

•   CNN: Tracking America's recovery

•   Bloomberg: Global PMI Tracker

•   Bloomberg: The Covid Resilience Ranking

[News]

•   WSJ: Democrats Aim to Keep Government Funded as Talks Continue on $3.5 Trillion Bill

※   Party leaders try to bridge gaps between moderates and progressives threatening Biden’s agenda

•   WSJ: Democrats Pursue Europe’s Welfare State on American-Style Taxes

•   WSJ: Democrats’ Bid to Include Immigration Change in Budget Package Again Rejected

•   WSJ: House Republicans Confront Dilemma on Infrastructure Vote

•   WSJ: Industry Lobbyists Aim to Pick Apart Democrats’ $3.5 Trillion Spending Bill

•   WSJ: Powell Says Supply-Chain Bottlenecks Could Lead to Somewhat Longer Interval of High Inflation

※   Central-bank chairman says he expects prices to come down on their own

•   WSJ: Two Fed Officials Signal Support for Starting Bond Buying Taper

•   WSJ: Evergrande to Raise $1.5 Billion by Selling Bank Stake to State-Owned Firm

※   Developer will pare holding in Shengjing Bank to less than 15%

•   WSJ: Americans Are Getting Covid-19 Boosters—No Questions Asked

•   WSJ: U.S. Economy Is Expected to Pick Up Speed After Delta-Driven Downturn

※   Economists cut third-quarter growth estimates because of Covid-19 surge and supply constraints but expect recovery to regain momentum

•   WSJ: U.S., Europe Team Up to Address Chip Shortage, Tech Issues

※   White House: FACT SHEET: U.S.-EU Establish Common Principles to Update the Rules for the 21st Century Economy at Inaugural Trade and Technology Council Meeting

•   WSJ: Fumio Kishida to Become Japan’s Next Prime Minister After Party Election Win

※   WSJ: Former foreign minister defeated Taro Kono in runoff vote to win leadership of ruling Liberal Democratic Party

•   WSJ: India Aims to Produce mRNA Covid-19 Vaccine This Year

•   WSJ: There Is Still No Alternative for Investors

•   WSJ: Bond-Yield Surge Challenges Investor Confidence in Big Tech Companies

•   WSJ: Port Logjams Reach Savannah as Container Ships Idle off Georgia Coast

•   WSJ: What Science Knows Now About the Risk of Covid-19 Transmission on Planes

•   NYT: Biden Presses Democrats to Embrace His Economic Agenda

•   NYT: The C.D.C. escalates its pleas for any pregnant or breastfeeding Americans to get vaccinated against Covid.

•   NYT: What a U.S. Debt Default Would Look Like

•   NYT: U.K. Gas Shortages Reveal New Crucial Workers: Truck Drivers

•   NYT: Who Is Fumio Kishida, Japan's Likely Next Prime Minister?

•   NYT: Japan Faces Big Problems. Its Next Leader Offers Few Bold Solutions.

•   NYT: Do Germany’s Election Results Signal a Left Turn for Europe?

•   WP: White House moves to shield pandemic response if the government shuts down

•   WP: Democrats face a defining test of their governing power in the Biden era

•   WP: Berlin voters asked the city to tackle rising rents. The plan is a long shot, but the message is powerful.

•   FT: Global supply chains at risk of collapse, warn business leaders

•   FT: The vital issue missing from the trade agenda

•   FT: French greens take moderate path in pitch for presidency

•   FT: UK deploys reserve tanker fleet to help ease fuel crisis

•   FT: UK green energy surcharges set to switch from electric to gas bills

•   FT: Ofgem warns energy suppliers of strong enforcement action as crisis deepens

•   FT: Boris Johnson under pressure to set out UK’s route to net zero emissions

•   FT: UK plans to force sale of Chinese-owned nuclear stake to investors

•   FT: Global bond market set for worst month since early 2021

•   FT: US-China business: the necessary reinvention of Huawei

•   Bloomberg: China Weighs Raising Industrial Power Prices to Ease Supply Woes

•   Bloomberg: An Obscure Chinese Mining Law Is Hobbling Global Energy Security

•   Bloomberg: China Slashes Silicon Output, Signaling Higher Solar Panel Costs

•   Bloomberg: China Keeps Cash Engine Running in Ninth Day of Injections

•   Bloomberg: China Hidden Local Government Debt Is Half of GDP, Goldman Says

•   Bloomberg: Bondholders Await Payment, Marathon Buying: Evergrande Update

※   Fitch Ratings cuts Evergrande to one notch above default level

•   Bloomberg: Whatever Happens to Evergrande, Nobody Wants to Short the Yuan

•   Bloomberg: Covid-19 Cases Improving in 47 of 50 States

•   Bloomberg: Fed’s Daly Says Trading Controversy Shows Need for Rule Changes

•   Bloomberg: Rents in US Are Accelerating at ‘Shocking’ Rates of More Than 10%

•   Bloomberg: EU, U.S. Divided on Steel-Duties Solution as Deadline Nears

•   Bloomberg: Draghi’s Full-Throttle Italy Budget Shows No Return to EU Limits

•   Bloomberg: Makhlouf Says ECB Must Be Ready to Act If Inflation Entrenched

•   Bloomberg: Rishi Sunak Set to Unveil Grants to Help UK Households With Cost of Living

•   Bloomberg: France to Consult With EU on Retaliation Over U.K. Fishing Spat

•   Bloomberg: Kuroda Rejects China Bubble Risk, Says It’s Not Like 1980s Japan

•   Bloomberg: Timber Crunch Shifts to Australia in Threat to Construction Boom

•   Bloomberg: Bolsonaro Complains About Gas Cost as Inflation Hurts Government

•   Bloomberg: Vietnam 2021 GDP Outlook at Risk as Virus Curbs Crimp Output

•   Bloomberg: Bond Traders Are Skeptical of Bostic’s Steeper Yield-Curve Call

•   Bloomberg: Risk of ‘Truly Unpredictable’ Pound Feeds U.K. Market Angst

•   Bloomberg: Libor Deadline Extension Would Be ‘Huge Relief’ for Markets

•   Bloomberg: A Brazilian Farming Boom Is Rewarding Funds That Bet on Bad Debt

•   Bloomberg: Infrastructure Boom Persists Despite Commodity Rally, WSP CEO Says

•   Bloomberg: Remote Work Projections Are on the Rise in U.S Managers Survey

•   Bloomberg: China’s Coal Frenzy Has Commodity Freight Zooming Higher

•   Bloomberg: Drive for Ambitious H2 Cost Targets Is On: Hydrogen Forum Update

•   Bloomberg: John Kerry Pushes China to Slash More Planet-Warming Gases by 2030

•   Bloomberg: Energy Crunch Fuels Calls for Rethink of EU Green-Shift Design

•   Bloomberg: Energy Transition Faces Metal Supply Deficit, Canada Miners Say

•   Bloomberg: ‘Wild West’ of ESG Ripe for a Crackdown, Veteran Investor Says

•   Bloomberg: Banks Are Really Cashing In on ESG Bond Underwriting: Green Insight

•   Bloomberg: World’s Biggest Offshore Wind Farm Developer Moves Into Japan

•   Bloomberg: Thai Companies Plan Exchange for Carbon Credits, Emulating China

•   Reuters: Merck says research shows its COVID-19 pill works against variants

※   effective against known variants of the coronavirus, including the dominant, highly transmissible Delta

•   Reuters: AstraZeneca COVID-19 vaccine shows 74% efficacy in large U.S. trial

•   Reuters: At least one long-term symptom seen in 37% of COVID-19 patients -study

•   Reuters: EXCLUSIVE EU to decide on Pfizer booster on Oct. 4 - document

•   Reuters: EU extends vaccine export control mechanism until year-end - official

•   Reuters: EXCLUSIVE U.S. has reached out to China about cutting oil imports from Iran, officials say

•   Reuters: ECB's Lagarde flags bottlenecks, energy and virus as key risks

•   Reuters: BoE's Bailey sees UK economy regaining pre-pandemic level in early 2022

•   Reuters: Britons turn more downbeat about finances as inflation rises

•   Reuters: Italy's electricity bills to rise 29.8% in next quarter - regulator

•   Reuters: EXCLUSIVE China's regulators tighten scrutiny of FX dealers - sources

•   Reuters: Myanmar currency drops 60% in weeks as economy tanks since February coup

•   Reuters: Taiwan economy likely to grow above 6% this year, finance minister says

•   Reuters: Coal India to ramp up supplies to address utilities' fuel shortage

•   Reuters: Brazil greenlights power line through indigenous reserve in the Amazon

•   Reuters: More renewables best answer to energy price surge, Europe power lobby hears

•   Reuters: Micron sees dip in chip demand as PC makers face parts shortages

•   Reuters: Explainer: Global energy shortage or a coincidence of regional crises?

•   Reuters: Analysis: Auto industry wonders whether Ford-SK battery plants will sport the union label

•   Reuters: Analysis: Debt ceiling worries start to rattle Wall Street

•   AP: Some fear boosters will hurt drive to reach the unvaccinated

•   CNN: The workers who keep global supply chains moving are warning of a 'system collapse'

•   CNBC: This is not 1973': Economist rules out 'stagflation' and persistent price pressures

•   CNBC: $80 oil is sending market toward demand destruction: Morgan Stanley

•   CNBC: We need to talk to China,' Europe's climate chief says ahead of COP26

•   CNBC: Honor, the smartphone brand Huawei sold off, regains share in China

•   CNBC: UK energy titan SSE says low wind, driest conditions in 70 years hit renewable generation

•   CNBC: Southeast Asia offers opportunities to scale up renewable energy, CEO says

•   MarketWatch: Professor who called Dow 20,000 says he’s nervous about trends in inflation that could spark a stock-market correction

•   MarketWatch: Here’s how the stock market has performed in past government shutdowns

•   SCMP: China’s power crisis: Beijing vows to increase coal imports and ‘strengthen adjustment of supply and demand’

•   SCMP: Chinese power producers seen taking a hit from surging coal prices to meet winter demand with no sign of tariff hike

•   SCMP: The local government failures behind China’s power crisis

•   SCMP: China pushes back against Xinjiang criticism in event hosted by its UN delegation

•   SCMP: China’s ‘artificial sun’ tipped to provide electricity in 10 years if Beijing backs it

•   SCMP: China population: plummeting births in Anhui province underscore ‘extremely severe’ demographic problem

•   SCMP: China sending ‘clear message’ with quantitative easing warning as US prepares to raise debt ceiling

•   SCMP: China’s Guangdong slashes foreign investment barriers amid challenges from coronavirus pandemic, US tensions

•   Caixin: In Depth: Evergrande Auto Races to Convince Investors It Can Make a Car

•   Nikkei Asia: Kishidanomics promises 'virtuous growth cycle' with redistribution

•   Nikkei Asia: Renesas fights chip shortage with plans for 50% more microcontrollers

•   Nikkei Asia: Honda joins $400bn gold rush to monetize smart car data

•   Nikkei Asia: iPhone 13 delivery times lengthen as COVID hits suppliers in Vietnam

•   Nikkei Asia: Analysis: China and Taiwan bids catch CPTPP chair Japan off guard

•   Mainichi: Toyota's Aug. global output mark 1st fall in a year amid parts crunch

•   Economic Times: Expect more than 7 pc growth for India this decade: CEA

•   Economic Times: India is said to seek to narrow budget deficit target to 6.3%

•   Power Engineering: Global nuclear leaders unite in Vienna to create group for future advocacy of industry - Power Engineering

•   MINING.com: How the decarbonization megatrend is disrupting mining investment

•   MINING.com: One of the world’s largest clean energy projects closer to becoming reality

•   Equipment World: How to Solve the Construction Labor Shortage

•   DIGITIMES: Notebook supply chain braces for impact of China power restrictions

•   DIGITIMES: China smartphone vendors cautious about placing orders, say component suppliers

•   DIGITIMES: Robotic arms get smarter with better hand-eye coordination

•   DIGITIMES: Indonesia sees smartphones sales rise over 20% in 2Q21

•   매경(P1): DB하이텍, 車반도체 사업 나선다

•   매경: 코스피 3000선 무너지나…전문가 추천하는 투자 전략은?

•   매경: [단독] 이재명 기본소득 매년 50조 든다…野 "예산 먹는 하마, 국방예산 맞먹어”

•   매경: 탄소중립위, 2030년 감축목표 40%로 올렸다

•   매경: [단독] 갈길 먼 탄소중립 핵심기술, 24개기술 중 고작 1개 개발

•   매경: 정부 "도로·가스요금은 일단 동결"

•   매경: 한은, 신임 금통위원에 박기영 연세대 교수 추천

•   매경: 포스코 '용광로' 2050년 사라진다

•   매경: 박용만 두산경영硏 회장, 예술의전당 이사장 선임

•   매경: [Biz Focus] 재택근무만 3억명…中 '디지털 거인' 만든 플랫폼의 힘

•   한경(P1): 하나투어, 10월1일부터 전면 출근…첫 '위드 코로나' 실험

•   한경: 점점 식어가는 동학개미 화력…'빚투' 차단에 양도세까지 발목

•   한경: 뭉칫돈 몰리던 회사채 시장도 냉각 조짐…기업 돈줄 막히나

•   한경: 위기의 고용보험…적립금 쪼그라들고 수익률마저 곤두박질

•   한경: 정부는 '先先분양' 나서는데…건설사 선분양도 힘들어진다

•   한경: 서영경 금통위원 "추가 금리인상 필요"

•   한경: 전세대출 규제 앞두고…은행들 잇단 한도 축소

•   한경: 대출금리 1%P 오르면 가계부담 12.5조원 '눈덩이'

•   한경: 中전력난에 부품공장 셧다운…IT株 겨울 오나

•   서경(P1): [단독] 소상공인 '영업손실' 최대 80% 보상받는다

•   서경: 3차 추경 없다지만 재정난 가중···예비비·국고채무부담 꺼낼 수도

•   서경: 여행·관광·숙박업은 보상 제외···집단행동 조짐

•   서경(P1): 美 GVC에 中 전력난까지···韓기업, 中 거리두나

•   서경: 생산물량 조정·야간조업으로 겨우 버텨...'脫중국' 속도 내나

•   서경(P1): 여의도 14배 논밭, 5년새 태양광으로 뒤덮였다

•   서경: 식량자급률 50%도 안되는데···우량 농지에 작물 대신 '태양광 패널' 심어

•   서경: 농업도 무인시대···농기계 업계, 자율주행 농기계 개발·출시 경쟁 후끈

•   서경: 美긴축·인플레 겹악재에 코스피 출렁···"추가 하락 염두에 둬야"

•   서경: 국내 아파트 쓸어담는 중국인··· 3년 5개월간 3조원어치 샀다

•   서경: 돌파감염 1주새 1,892명 증가... "얀센 접종자 부스터샷 검토를"

•   조선(P1): 백신 안맞은 589만명, 접종 예약률은 6.1%... 다중시설 제한 검토

•   조선: 민노총 현대제철 점거에… 현대重 직원들이 직접 선박용 후판 수송

•   조선: 단기적으론 아베의 강경 노선 계승… 장기 집권땐 ‘한국 중시’로 선회 가능성

•   조선비즈: [단독] GC녹십자, 얀센 코로나19 백신 생산한다

•   조선비즈: 20조 서비스 로봇 시장 잡아라… 한발 앞선 LG, 추격하는 삼성

•   인베스트조선: 美 테이퍼링 결정시기 임박 전망에 출렁이는 채권시장

•   헬스조선: [단독]삼성바이오 '모더나 백신', 10월 초 국내 공급 시작

•   중앙: 국내 전기차 화재 70%가 파우치형 배터리

•   중앙: 삼성 폴더블폰, 이전 모델보다 5배 더 팔렸다

•   동아: 시민들 성급한 ‘위드 코로나’… 서울 주말 이동, 4차 유행前 수준

•   채널A: [단독]문 대통령 부부, 다음 달 ‘부스터샷’ 접종 검토

•   한국(P1): "낡은 근로기준법 반드시 손봐야...5인 미만 적용하고 고임금자 배제할 수도"

•   한국: 물류센터의 미래? 아시아에서 가장 자동화된 '네오003' 가보니

•   세계: “기후위기 당사자 배제 산업계만 대변… 탄소중립안 다시 짜야” [연중기획-지구의 미래]

•   머니투데이: [단독] 2조원대 금고 열린다...정부, 기후대응기금 전담조직 신설

•   머니투데이: [단독]文정부서 끊긴 '원자력백서'…올해도 발간 '미정'

•   머니투데이: 미중 반도체 전쟁의 후폭풍, 반도체 M&A 시장 역성장 조짐

•   헤럴드경제: 탄소중립 에너지정책 전환 촉진...4조 R&D예타 추진

•   파이낸셜뉴스(P1): 삼성, 평택에 53층 반도체 컨트롤타워 짓는다

•   파이낸셜뉴스: "선택 아닌 생존 필수조건" ‘수소경제 전환’ 속도 붙었다

•   파이낸셜뉴스: 삼성 폴더블폰 이어 아이폰13도… 개통 지연 사태 맞나

•   파이낸셜뉴스: 금리 오르는 건 시간문제… 기업 공모채 발행 서두른다

※   공모채 시장이 부담스러운 두산중공업, 이랜드파크, LX인터내셔널 등 대기업 계열사들도 사모 시장을 꾸준히 찾고 있다.

•   아시아경제(P1): [ESG 심포지엄]"독립적인 기업 지배구조 구성, ESG 큰 방향성"

•   아시아경제: [ESG 심포지엄] "ESG, 기업 글로벌 경쟁력의 핵심"

•   아시아경제: [단독]"투자 상생 덜했다"…작년 기업에서 더 걷은 세금 1조

•   아시아경제: LG전자, 펜트업 수요 둔화 우려에도 3Q 역대 최대 매출 전망

•   디지털타임스: 치명률 약 8분의 1로 줄인 `백신효과`

•   디지털타임스: 집값 급등·대출 규제에 소형아파트 몸값만 올려놨다

•   디지털타임스: 스마트폰 이미지센서 시장 10% 커져

•   이데일리(P1): “대선 이후에도 집값 年10% 이상 오른다”

•   이데일리: 홍남기 “주택 공급 총력…탈세·편법증여 엄정 대응”

•   연합: 오늘 2천400명대 예상…거리두기 2주 재연장 가닥, 내일 발표

•   연합: 김정은 "10월 남북연락선 복원…미 새정부 적대정책 변함없어"

•   연합: 갤럭시노트-S22 합쳐질까…폴더블 인기에 라인업 조기 재편설

•   연합: "서울 집값 오르면 지방 부자들도 달려든다" 통계로 확인

•   연합: 솔루스첨단소재, mRNA 백신 원료시장 진출…전달체 소재 개발

•   뉴시스: 그린뉴딜엑스포, 내달 6일 킨텍스서 개막…수소 등 혁신기술 겨룬다

•   YTN: [황출새]김동연"청계천 판자촌에서 살았지만, 사회에서 받은 것 환원할 것"

•   에너지경제: 한수원, 탈원전 관련 소송 등에 보험 청구 검토

•   에너지경제: 한국 진출 유럽 에너지 기업들, 정부에 규제 개선 요구…"풍력 경제성 확보 필요"

•   에너지경제: 한전, 2030년까지 송·변전 설비 투자 42% 신재생에너지에 쓴다

•   에너지데일리: “한국, 2030년 온실가스 2018년 대비 50% 이상 줄여야”

•   전자신문(P1): 현대차, 전기차 풀라인업 내년까지 조기 구축한다

[Opinions]

•   Project Syndicate(Mark Leonard): The False Promise of AUKUS

•   Project Syndicate(Raghuram G. Rajan): China's Risky Business Crackdown

•   Project Syndicate(Kenneth Rogoff): China's Housing Conundrum

•   Project Syndicate(Shang-Jin Wei): Preventing an Evergrande Confidence Crisis in China

•   Project Syndicate(Connie Hedegaard): Greening Next-Generation Europe

•   FT(Editorial Board): The US debt ceiling needs to be raised

•   FT(Megan Greene): Productivity growth is almost everything in the post-Covid recovery

•   FT(Robert Shrimsley): My petrol station dash

•   FT(Mohamed El-Erian): Bond sell-off is a warning to the Fed

•   FT(John Thornhill): Beware the known unknowns when finance meets AI

•   FT(Benjamin Haddad): Europe must wean itself off US defence to reset transatlantic relations

•   FT(Kathrin Hille): Taipei’s bid to join transpacific trade pact could be held hostage by Beijing

•   FT(Daniel Dombey): Spanish political tensions put pressure on business to act

•   WSJ(Editorial Board): More Diversity at the Fed

•   WSJ(Editorial Board): Germany’s Biggest Loser

•   WSJ(Editorial Board): The Generals Contradict Biden on Afghanistan

•   WSJ(Daniel Henninger): Nancy Pelosi’s Hell Week

•   WSJ(Mark Dubowitz): Biden Paints Himself Into a Corner on the Iran Nuclear Deal

•   WSJ(Tom Giovanetti): Democrats’ Plan to Tax the Poor

•   WSJ(Tim Groser): The U.S. Has a Way Back to the TPP

•   NYT(Heather Boushey): I’m One of Biden’s Advisers. Here’s How I Think About His Economic Agenda.

•   WP(Edward B. Foley): The threat of Trump illegally taking power in 2025 is real. Here’s what Congress can do.

•   Bloomberg(Mark Gongloff): If Stagflation Is Coming, What Can We Do About It?

•   Bloomberg(Tyler Cowen): Is Biden’s Economic Plan Actually a Good Idea?

•   Bloomberg(Noah Smith): West Virginia Needs Biden’s Bill More Than Manchin Politics

•   Bloomberg(Liam Denning): The U.K.’s Energy Crisis Is an Opportunity for Batteries

•   Bloomberg(Mark Gilbert): Inflation and Supply Shortages Raise Prices, Awaken Bond Bears, Drive Up Yields

•   MarketWatch(Peter Morici): Powell dallies too much on inflation

•   MarketWatch(Michael J. Hicks): The growth gap is widening at the expense of states with lower vaccination rates

•   Nikkei Asia(William Pesek): Fumio Kishida should kick-start reform drive to meet China challenge

•   Nikkei Asia(Naoya Yoshino): Japan needs a reformer, not stabilizer, in next PM Kishida

•   한경(사설): 中 전력대란, 치솟는 유가…'에너지 수입국'엔 곳곳이 암초

•   문화(정용훈): ‘ESS(電力저장장치) 비용만 1000兆’ 탈원전 기만극

•   파이낸셜뉴스(사설): 입이 떡 벌어지는 탈원전 비용, 감당할 수 있나