Business Intelligence Monitor 211004

(Introduction)

[Markets]

•   Global: Stocks bounce but inflation fears persist

•   Coal: Coal Surges to Record as Global Scramble for Energy Accelerates

•   Metals: Copper bounces, but set for weekly decline of 2%

•   Grains: Wheat extends climb to 6-wk top on tight U.S. supply; soy sags

•   Cryptocurrency: Bitcoin Price Jumps After Powell Says U.S. Has No Plans to Ban Crypto

•   한국: 코스피 3,019.18 마감…3월 이후 최저

•   한국: 두산그룹주 다 내려, 두산 6%대 오리콤 5%대 두산중공업 4%대 하락

•   한국: 원/달러 환율, 또다시 연고점 경신…1,188.7원

[Indicators]

•   US Aug. PCE: Consumers Ramped Up Spending in August as Inflation Remained Elevated

※   Personal spending rose 0.8% and income was up 0.2%, fueled by savings and rising wages

※   WSJ: Americans’ Spending Tracks Covid-19 Once Again

•   US Aug. Construction spending: U.S. construction spending flat in August

•   US Sep. Manufacturing PMI(ISM): ISM Manufacturing Climbs to 61.1 in August After Decline Expected

※   ISM manufacturing index rose to 61.1 in September from 59.9

•   US Weekly Rig count: US drillers add oil and gas rigs for fourth week in a row

•   US Q4 Equipment manager confidence: Equipment Manager Confidence Drops

•   Eurozone Sep. CPI: Eurozone Prices Rise at Fastest Rate in 13 Years

※   FT: German workers strike for higher pay as eurozone inflation surges

•   Germany Aug. Retail sales: Germany Retail Sales Rose in August

•   China H1 FDI: Foreign Investment in China Hits Record Amid Strong Post-Covid Recovery

•   Japan Aug. Employment: Japan Aug. job availability sees 1st deterioration in 4 months

•   Japan Q3 Tankan index: Japan's business mood improves on solid demand, hopes of post-COVID recovery

•   India Sep. Balance of trade: India's September preliminary trade deficit at $22.94 billion -govt

•   India Sep. GST collections: GST collections for September at Rs 1.17 lakh crore

•   India Sep. Energy demand : India's energy demand grows at slower pace in September

•   India Sep. Manufacturing PMI: India's manufacturing activities improve in September on strong demand conditions: PMI

•   한국 8월 주택통계: 주택 공급 전년比 25.4% 줄었다

※   매경: "뭐든 사고 보자"…서울에 단 55채 뿐, 전국 미분양 역대 최저

•   한국 8월 카드 승인 실적: "백신 맞으셨죠? 언제 저녁이라도?"…8월 법인카드 사용 20% 늘었다

•   한국 9월 무역수지: 9월 수출 558억달러, 65년 무역 역사상 최고치…두달만에 기록경신

※   매경: "역대 최대 수출이라더니 흑자는 반토막?"…원자재 가격 급등 직격탄 맞았다

•   한국 9월 자동차 판매: 차량용 반도체 대란에···국내차 9월 실적 '뚝'

[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

[Calendars]

•   WSJ: Economy Week Ahead: Trade, Services, Employment

•   FT: Recognition arrives for pioneering scientists

•   Bloomberg: U.S. Payrolls Hinge on Progress With Record Vacancies: Eco Week

[News]

•   WSJ: Biden Says Democrats Should Delay Infrastructure Vote Until Deal Reached

※   Party seeks agreement between moderate, progressive wings on separate social-policy and climate package

•   WSJ: Democratic Clashes Hold Up Biden’s Agenda After Rocky Month

•   WSJ: Democrats Weigh Cutting Programs or Reducing Scope to Trim $3.5 Trillion Bill

※   Difficult decisions loom as the Democrats seek to unite after President Biden says the legislation’s spending has to be scaled back

•   WSJ: Unions Spend Big to Push Democrats’ $3.5 Trillion Spending Plan

•   WSJ: Democrats’ Tax Plans Worry High-Income Business Owners

•   WSJ: Infrastructure Delay Shows Clout of Progressive Leader Pramila Jayapal

•   WSJ: Merck Pill Intended to Treat Covid-19 Succeeds in Key Study

※   Drug jointly developed with Ridgeback Biotherapeutics cut risk of hospitalization or death by 50% in early look at progress

•   WSJ: Merck’s Covid-19 Drug Is a Boon for Wall Street and Main Street

•   WSJ: Covid-19 Deaths in U.S. Level Off as Delta Variant Surge Eases

※   White House: Statement by President Joe Biden on 700,000 American Deaths from COVID-⁠19

•   WSJ: China’s Power Shortfalls Begin to Ripple Around the World

※   Electricity crunch adds to a global energy squeeze that risks upsetting the post-pandemic economic recovery

•   WSJ: Falling Unemployment Could Add to Worries About the U.S. Labor Market

•   WSJ: Fed’s Kashkari Is Comfortable With Plans to Taper Bond Buying Soon

•   WSJ: Countdown Starts on Chinese Company Delistings After Long U.S.-China Audit Fight

•   WSJ: Record Chinese Aircraft Sorties Near Taiwan Prompt U.S. Warning

※   Beijing flies 93 military sorties over three days, prompting warning from the U.S.

•   WSJ: Covid-19 Vaccine Makers Say There Are Enough Doses for Everyone. Poor Countries Are Still Waiting for Shots.

•   WSJ: OPEC Boss Says World Can’t Afford to Underinvest in Oil

•   WSJ: Mexico Weighs Limits to Private Investment in Electricity

•   WSJ: Australia to End Travel Ban in Pivot to Living With Covid-19

•   WSJ: China’s Evergrande Debt Crisis: Sizing Up a Big Mess

•   WSJ: Biden Administration Seeks to Regulate Stablecoin Issuers as Banks

•   WSJ: Capital Gains and Capital Pains in the House Tax Proposal

•   WSJ: Lumber Prices Stage a Late Season Rally

•   WSJ: Winter Is Coming. Should the U.S. Hang On to Its Natural Gas?

•   WSJ: Mortgage Payments Are Getting More and More Unaffordable

•   WSJ: Record Junk-Loan Sales Fuel Dividend Payouts

•   WSJ: The Market Is Right to Be Spooked by Rising Bond Yields

•   WSJ: Toyota Outsells GM in the U.S. for Second Quarter in a Row

•   WSJ: Tesla Deliveries Surge, Defying Supply-Chain Woes

•   WSJ: Foxconn Made the iPhone in Your Hand and Wants to Make the EV in Your Garage

•   WSJ: Exxon Sees Green Gold in Algae-Based Fuels. Skeptics See Greenwashing.

•   WSJ: Medical Device Makers Seek Priority in Chip Shortage

•   WSJ: Robots Take Over Italy’s Vineyards as Wineries Struggle With Covid-19 Worker Shortages

•   WSJ: Volvo Cars Is Completing Plans for IPO in Stockholm

•   NYT: Biden Throws In With Left, Leaving His Agenda in Doubt

•   NYT: Fauci: Americans Should Get Vaccinated Even if Merck’s Covid Pill Cuts Deaths

•   NYT: Duterte Says He Will Retire Rather Than Seek the Vice Presidency

•   NYT: Europe’s Social Democrats Show Signs of Life, but France Poses a Roadblock

•   WP: White House confronts grueling choices as it debates major cuts to Biden economic plan

•   WP: Biden’s $3.5 trillion reconciliation bill is pricey, but not quite a New Deal

•   WP: What will it take for Biden to bring fractured Democrats together?

•   WP: Brazilians protest Bolsonaro over economy, covid response

•   WP: Germany: Merkel's wounded party grapples with future under new leader Armin Laschet

•   FT: BioNTech chief predicts need for updated Covid vaccines next year

•   FT: War of words escalates over China bias claims against IMF chief

•   FT: ‘Too close for comfort’: demand for antibodies surges among unjabbed

•   FT: Europe’s battered left draws comfort from Scholz victory in Germany

•   FT: German parties kick off exploratory coalition talks

•   FT: Spain pledges to press ahead with Europe on OECD corporate tax deal

•   FT: Hungary and Poland face threat of fresh EU rule of law action

•   FT: Sunak pledges £500m to boost UK workforce as supply crises dog Tories

•   FT: Shapps signals government rethink on HS2 with eastern leg at risk

•   FT: Anger over delays to body meant to scrutinise UK post-Brexit trade deals

•   FT: EDF chief urges UK to clarify future of nuclear power station

•   FT: Britain’s winter blues: ‘Christmas shortages are now a certainty’

•   FT: UK retailers step up battle to lure lorry drivers

•   FT: UK businesses warn of ‘autumn storm’ of shortages, costs and taxes

•   FT: Biden official says protecting US steel a national security issue

•   FT: Biden’s signature reforms jeopardised by Democratic infighting

•   FT: China’s coal miners vow to ‘go all out’ to beat power crisis

•   FT: Power crunch looms in India as coal stocks reach crisis point

•   FT: Singaporeans take fright at relaxation of Covid restrictions

•   FT: Vietnam abandons zero-Covid strategy after record drop in GDP

•   FT: Will US job numbers pave the way for Fed tapering?

•   FT: Feeding frenzy hits new peaks as companies rush to raise funds

•   FT: US shale drillers cannot contain oil price rise, Pioneer boss says

•   Times: Fuel crisis: Shortages may continue until Christmas, Boris Johnson admits

•   Times: All Britain’s electricity to be green by 2035 | The Times

•   Bloomberg: China Steps Up Efforts to Ring-Fence Evergrande, Not to Save it

•   Bloomberg: China’s Energy Crisis Highlights Weaknesses in Xi’s Power Plans

•   Bloomberg: Headwinds Mounting for World Economy Into Final Stretch of 2021

•   Bloomberg: This Week in Economic Charts

•   Bloomberg: El-Erian Sees Fed Risking Disorderly Taper Without Quick Action

•   Bloomberg: Trichet Unmoved by Euro-Inflation Surge, Says U.S. Is Different

•   Bloomberg: Berliners Are Angry About Housing. And So Is Much of Europe

•   Bloomberg: U.K. Drivers Face Higher Petrol Prices as Troops Deployed

•   Bloomberg: ECB’s Visco Says Price Increases Should Be Only Temporary

•   Bloomberg: Europe’s Power Crisis Is Moving North as Water Shortage Worsens

•   Bloomberg: U.K. Risks Another Recession With Inflation Surge, Gavekal Says

•   Bloomberg: Even the Dirtiest Coal Is Surging Due to China’s Power Crunch

•   Bloomberg: Iran Told U.S. to Unblock $10 Billion to Start Nuclear Talks

•   Bloomberg: Saudi Arabia Says Talks With Iran Are at ‘Exploratory Stage’

•   Bloomberg: Turkey’s Erdogan Calls On Cooperatives to Combat Food Inflation

•   Bloomberg: Australia Approves China’s Sinovac Vaccine Ahead of Border Opening

•   Bloomberg: Brazil Central Bank Head Sees Inflation Peaking in September

•   Bloomberg: Specter of Treasury Rout Comes at Grim Time for Emerging Markets

•   Bloomberg: Summers Says Rising Yields Mean Investors Sensing Inflation Risk

•   Bloomberg: OPEC+ Will Drive Oil Prices Over Coming Months, Says Vitol

•   Bloomberg: Oil May Hit $100 This Winter and Spur Economic Crisis, BofA Says

•   Bloomberg: How Cold Will Winter 2021-2022 Get? La Nina, Polar Vortex Are Signs to Watch

•   Bloomberg: VW Workers Urge Faster EV Rollout at World’s Biggest Car Factory

•   Bloomberg: India Inc. Financial Health Recovers at Fastest Pace in a Decade

•   Bloomberg: Energy Crisis Forces German Power Plant to Halt on Lack of Coal

•   Bloomberg: California Oil Spill on Huntington Beach, Newport Beach

•   Bloomberg: How the Finance World Started Turning Against Fossil Fuels

•   Reuters: Global COVID-19 deaths hit 5 million as Delta variant sweeps the world

※   While it took just over a year for the COVID-19 death toll to hit 2.5 million, the next 2.5 million deaths were recorded in just under eight months

•   Reuters: Russia sees no hurdles for WHO approval of Sputnik V vaccine

•   Reuters: Heart inflammation rates higher after Moderna COVID-19 vaccine - Canada data

•   Reuters: EXCLUSIVE Fed's Harker says economy close to achieving inflation goal for rate hikes

•   Reuters: Britain to say Brexit arrangements for Northern Ireland are too harmful to retain

•   Reuters: Iraq oil minister says oil prices reaching $100/barrel unsustainable -TV interview

•   Reuters: Analysis: 'Perfect storm' lifts dollar over unsettled markets

•   AP: States and cities slow to spend federal pandemic money

•   CNN: A housing market so hot that a burned-out home listed for $400,000

•   CNN: Big Oil is going all-out to fight climate rules in Build Back Better

•   CNBC: How Biden’s economic plan compares to the Great Society and New Deal

•   CNBC: China’s power crisis a bigger concern than Evergrande, says Rajiv Jain

•   CNBC: Market is unprepared for the inflation fallout, Wharton’s Jeremy Siegel warns

•   CNBC: Semiconductor chip shortage could extend through 2022: Marvell CEO

•   MarketWatch: IMF warns ‘cryptoization’ of emerging economies could threaten growth, financial stability

•   Fox Business: Solar panels not as green as you think as battle looms on ‘massive’ panel tariffs

•   SCMP: How is Xinjiang’s economy holding amid US sanctions, and can China keep supporting its ‘great burden’?

•   SCMP: Chinese firms warned to strengthen foreign exchange safeguards

•   SCMP: China-EU relations: Europeans seek face time with President Xi Jinping to help soothe ailing ties

•   SCMP: China likens US hunt for Covid-19 origins to ‘lies’ over WMDs in Iraq, slams new World Health Organization probe

•   SCMP: Chinese drug firm CanSino hoping Brazil will approve Covid-19 vaccine after deal with local company

•   Caixin: Cost of Shipping Between China and U.S. Plunges

•   Nikkei Asia: Japan's COVID-19 state of emergency lifted as infections decline

•   Nikkei Asia: Japan slowly opens economy after ending state of emergency

•   Nikkei Asia: Missed deals: Japan's COVID travel restrictions exact economic toll

•   Nikkei Asia: Kishida juggles LDP politics to pick leadership ahead of election

•   Nikkei Asia: Kishida to name Shunichi Suzuki as Japan's new finance minister

•   Nikkei Asia: Japan's Kishida prepares November election, picks Noda for cabinet

•   Nikkei Asia: Kishida to retain foreign and defense ministers with eye on China

•   Nikkei Asia: Japan's Kishida builds network around alma mater and party allies

•   Nikkei Asia: Japan's COVID emergency is over. Labor and chip shortages are not

•   Mainichi: Japan firm releases functional protective wear for robotic arms

•   Economic Times: Halfway mark: Economy on the mend

•   Economic Times: Economic indicators rise, signal strengthening recovery from the pandemic

•   Equipment Journal: Bobcat offers sneak peak of new R2-Series E35 mini excavator

•   DIGITIMES: China power policy to determine pace of production relocation

•   Robotics & Automation News: How are businesses utilizing blockchain technology in their practices?

•   Robot Report: Top 10 robotics stories of September

•   매경(P1): 전세계 공급망 충격에…사장단회의 소집한 LG

•   매경(P1): 대기업 인사 본격 시동…신세계 새 대표 손영식

•   매경: 성난 민심에…당정이 짓겠다는 수도권 1만가구는 어디?

•   매경: "아 그때 팔았어야 하나"…코스피 3천도 불안하다, 동학개미 대응 전략은?

•   매경: 삼성전기, 반도체기판 1조 투자…인텔·AMD 공략

•   매경: 3분기에만 10조 팔아치운 외국인 사들이자 120% 급등했다

•   매경(P1): 올해만 1000조…'투자 블랙홀' ETF

•   매경(P1): "자동차도 아니고 세달을 기다리라구요?"…오토바이 자전거 없어서 못판다

•   매경(P1): 내일부터 16~17세 화이자 백신 예약

•   매경: 안전소홀 기업은 투자 못받아…'깐깐한 ESG'가 산재 막는 방패

•   매경: 스마트볼·로봇개가 24시간 감시…기업들, 안전기술 아낌없이 투자

•   매경: "아파트 값 오른게 내 잘못인가요?"…정부 압박에 대출 반토막, 금리 급등

•   매경: 한은 "유가 10% 오르면 中산업생산 0.18%P 감소"

※   한국은행: 해외경제 포커스(제2021-37호)

•   매경: "막을 방법이 없다…아파트값 계속 오른다" 토지거래허가제 대치 잠실 폭등

•   매경: "서울 아파트 오늘이 제일 싸다"…거래가뭄에도 2030 더 샀다

•   한경(P1): 커지는 '스태그플레이션' 공포…세계경제 '시계제로'

•   한경: "물가 뛰는데 공장은 멈췄다"…세계경제 '공급 쇼크發 침체' 덮치나

•   한경: 가스·칩·푸드·그린…인플레 요인 넘쳐난다

•   한경: 한국도 물가 2%대 '고공행진'…5개월째 한은 목표치 웃돌아

•   한경(P1): 식사 없는 결혼식 199명까지 허용…"11월 위드 코로나 시작"

•   한경: 영업시간·사적모임 인원 제한, 2주 뒤엔 완화할 듯

•   한경: 접종완료자 치명률 독감 수준?…전문가 "방역 풀어도 괜찮다"

•   한경(P1): SC제일은행도 주택담보 신규대출 중단

•   한경: "집값 계속 오른다…내집 마련 서둘러라" 전문가들의 충고

•   한경: 골드만삭스마저 "타격 불가피"…삼성전자 목표주가 낮췄다

•   한경(P1): 미러클! K기업…해외서 더 강해졌다

•   한경: "귀국 티켓은 필요 없다"…1100억 규모 계약 따낸 K전사들

•   한경: 팬데믹 위기에도 해외법인 2400개 늘어

•   한경: "해외 주재원 꽃보직 아니냐고? 실상은…" 180도 달라진 삶

•   한경(P1): 전세금 반환대출도 '꽁꽁'

•   한경: "내 집 두고 월세 살아야 할 판"…40대 직장인의 하소연

•   한경(P1): '먹는 코로나 치료제' 연내 출시…"위드 코로나 빨라진다"

•   한경: 대웅·신풍제약 '경구형 치료제' 임상 3상 중

•   한경: 입원·사망위험 확 줄일 '게임체인저' 등장…위드 코로나 빨라진다

•   한경: '기술 끝판왕' 집결…외계로 보낸 AI메시지…3D프린터로 찍은 다비드

•   한경: 사막에 꽃핀 ESG…최대 산유국 사우디, 태양광 패널관 세워

•   한경: 1인당 GDP 2025년 4만달러 진입

•   한경: EU 몽니에 '조선 빅딜' 흔들…현대중공업 '최후의 카드' 꺼내드나

•   서경: 'I의 공포'···지자체 '물가안정 인센티브' 부활하나

•   서경: 대출 옥죄기 효과 아직 없어···4조원 늘어 700조 돌파

•   조선(P1): 백신 안 맞았죠? 알바 탈락입니다... 접종 완료도 이젠 스펙

•   조선(P1): [단독] 공공임대 공실 98%가 소형인데 더 짓겠다는 정부

•   조선: 중국은 최악 전력난… 공장가동 90% 줄이고, 전력 요일제

•   조선: 탄소 줄이려다 ‘그린플레이션’ 불질렀다

•   조선: 돌파감염 발생률, 얀센 〉 아스트라 〉 교차접종 〉 화이자 〉 모더나

•   조선: 청년층 빚투 상반기 38조원 넘어서

•   조선비즈: 중대본 “감염 재생산지수 7월 이후 최고…추가 확산 우려”

•   조선비즈: 돈줄 죄는 중앙은행…한국도 10월 추가 금리인상 잰걸음

•   중앙: 빅테크 제동도 전력난도, 중 당국의 계산된 통제 결과

•   중앙: 중 부동산 부채 GDP의 18%, 헝다 사태로 버블 위험 노출

•   중앙: 화웨이·SMIC, 미 공급망 봉쇄 견디고 날아올랐다

•   중앙: 스마트폰 다음은 스마트 글라스? 도촬 논란이 변수

•   동아: “5G 속도, LTE 20배라더니… 3.4배 그쳐”

•   동아(P1): 車업계 반도체 공급부족… 9월 판매 14~22% 감소 , 中전력난에 불안 더 커져

•   동아(P1): [단독]“文정부 최저임금 인상-공공일자리 정책은 잘못”

•   동아: 반도체 소부장 17개중 16개, 對日 수입액 다시 늘어

•   동아: 대출금리 뛰고 당국은 규제 고삐 더 조여…속타는 ‘대출난민’

•   문화: 서울 평균 청약경쟁률 첫 세자릿수…연말까지 ‘200대 1’마저도 넘을듯

•   문화: 갤럭시 폴더블폰 흥행돌풍…‘100만대 판매’ 눈앞

•   문화: 아이폰13 사전예약 시작하자마자 ‘9분만에 완판’

•   한국(P1): 갭투자 막겠다더니... 4년간 3배나 뛰었다

•   한국: “기업들 이행률 2%에 불과”… 갈 길 먼 한국 ‘RE100’

•   국민: 심상찮은 국제유가… 물가에 기름 붓나

•   서울: 487조 빚 짊어진 2030… 위기 땐 ‘폭탄’ 먼저 터진다

•   세계(P1): 文, ‘베이징 남북대화’ 불씨 살리기 총력전

•   세계: 증시 부진에 힘빠진 개미… 거래대금 2분기 연속 감소세

•   세계: "정부, 700만 자영업자 버렸다"… 거리두기 4단계 연장에 격분

•   한겨레(P1): “기시다의 얼굴을 한 아베 내각”…한일관계 회복 어려울 전망

•   경향(P1): ‘빨리 사자’ 아이폰13 ‘품귀 현상’

•   경향: [단독]'신재생에너지 전환' K-RE100, 기업 참여율은 바닥 수준

•   헤럴드경제(P1): 서울 아파트 월세거래 40%로...세금·대출규제 ‘전세의 월세화’

•   헤럴드경제(P1): 제도권 가상자산시장 ‘빛과 그림자’ [헤럴드 뷰]

•   파이낸셜뉴스(P1): 에너지 공급망 붕괴.. 올 겨울 '쇼크'오나

•   파이낸셜뉴스(P1): 정부 압박에… 국내 LPG 가격 또 동결

•   파이낸셜뉴스: 국제 LPG값 치솟는데…수입사들 반영못해 손실 '눈덩이' [정부, 에너지 가격 과도한 개입]

•   파이낸셜뉴스: 삼성 '폼팩터 혁신' 통했다… 라이벌 없이 독주하는 폴더블폰

•   파이낸셜뉴스: 한빛원전 2호기 터빈 정지…"방사선 유출없어"

•   파이낸셜뉴스: 도심 주택 공급난 해소, 내년 대선보다 지방선거에 달렸다

•   아시아경제: 공급망 대혼돈…내년 사업계획 다시 쓰는 車업계

•   아시아경제: 예정처 "2025년까지 잠재성장률 2.3%…기술·규제혁신 등 기여도 첫 0%대"

•   아시아경제: '위드코로나' 기대에 다시 오프라인 강화하는 유통가

•   아시아경제: "대어 잡아라" 건설업계 4분기 수주대전

•   연합: 신규확진 1천700∼800명대 예상…오늘부터 거리두기 2주 재연장

•   연합: 전기차 20만대 시대…급속충전기는 여전히 1기당 14대꼴

•   뉴시스: [中 내우외환①]헝다·전력난 이중고…근본적 경제 체질 개선 급선무

•   뉴시스: [中 내우외환②]美, 대중 압박 정밀화…오커스·쿼드 등 전방위 포위

•   더구루: "체코 '두코바니 원전' 수주하면 '테멜린'도 먹는다"…입찰가격 인하 포석

•   더구루: 두산밥콕, 임금분쟁 휘말려…근로자 소송 투표

•   에너지경제: 5대 그룹 전문경영인 만난 홍남기 "온실감축 목표 검토…이달 중 결정"

[Opinions]

•   Project Syndicate(Werner Hoyer, John Murton): Putting Public Finance on the Right Side of History

•   Project Syndicate(Joschka Fischer): Germany's New Beginning

•   Project Syndicate(J. Bradford DeLong): The Strange Death of Conservative America

•   Project Syndicate(Anne-Marie Slaughter): America Needs to Be Honest

•   Project Syndicate(Deirdre Nansen McCloskey): Prudence Over Sustainability

•   Project Syndicate(John E. Ataguba, David E. Bloom, Andrew J. Scott): A Global Institution for an Aging World

•   FT(Editorial Board): Britain’s confused approach to carbon pricing

•   FT(Editorial Board): Machines are not ready to take over just yet

•   FT(Editorial Board): The mixed success of furlough schemes

•   FT(Martin Wolf): It is time to lop off the dead hand of the Treasury

•   FT(Rana Foroohar): The left’s low-rate fantasy makes inequality worse

•   FT(Katie Martin): The optimists still at the bull market party

•   FT(John Dizard): European gas market faces more strain after Western Sahara dispute flares

•   FT(Merryn Somerset Webb): Time for investors to focus on India

•   FT(Parag Khanna): Migration will soon be the biggest climate challenge of our time

•   FT(Christopher Caldwell): Republicans’ debt brinkmanship may be a winning strategy

•   FT(Martijn Rats): Today’s energy crisis and the bumpy path to decarbonisation

•   FT(Lex): Oil prices: Opec+ will open taps before key ratio is reached

•   WSJ(Editorial Board): There May Soon Be a Covid Pill

•   WSJ(Editorial Board): Joe Manchin’s Intervention

•   WSJ(Editorial Board): President Sanders Uses His Veto

•   WSJ(Editorial Board): The China World Bank Scandal

•   WSJ(Peggy Noonan): Will Biden’s Fall Be Worse Than His Summer?

•   WSJ(Andy Kessler): Will China Save Evergrande?

•   WSJ(Mark Weinstein): I Changed My Mind—Facebook Is a Monopoly

•   WSJ(Jason De Sena Trennert): Does the Fed Have the Will to Fight Inflation?

•   NYT(Paul Krugman): Of Vaccine Mandates and Facing Reality

•   NYT(David Brooks): This Is Why We Need to Spend $4 Trillion

•   WP(E.J. Dionne Jr.): Wanted: A better Build Back Better campaign

•   WP(George F. Will): Biden’s China policy is admirable but underfunded

•   WP(David Von Drehle): Why progressive Democrats are digging in their heels on spending

•   WP(Fareed Zakaria): The U.S. economy continues to soar while American politics craters

•   Bloomberg(Mohamed A. El-Erian): Demand Is Not the Economy’s Problem. Supply Is.

•   Bloomberg(Daniel Moss): In the 'Yes, But' Recovery, Conviction Is a Curse

•   Bloomberg(Conor Sen): Economic Recovery Has Plenty of Fuel Left from Stimulus Checks

•   Bloomberg(Brian Chappatta): The Bond Market Is Dismissing a U.S. Default. Should You?

•   Bloomberg(John Authers): Evergrande Fear Has Receded Too Easily

•   Bloomberg(Robert Burgess): Bond Traders Aren't Panicking About Yields. Neither Should Investors

•   Bloomberg(Julian Lee): OPEC+ Should Worry About Oil Shortfalls Not Surpluses

•   Bloomberg(Michael R. Strain): Election 2024: Republicans Need to Be More Than Pro-Trump

•   Bloomberg(Lara Williams): Supply-Chain Nightmares Threaten to Ruin Christmas

•   CNN(David M. Solomon, Kenneth Adams): Goldman Sachs CEO: One way to help solve the nation's labor shortage

•   CNBC(Frederick Kempe): Biden needs to act now to shore up economic foreign policy to restore confidence in U.S. leadership

•   Reuters(John Kemp): Europe's rising energy prices will force factory closures

•   매경(주한규): "탈원전 반대" 100만명 서명이 의미하는 것