Joker's Google Blog: Business Intelligence Monitor 211029

※ Evergrande has warned in securities filings that it could not guarantee it would meet its financial obligations because of challenges it has faced selling assets.

• NYT: Why China Is the World’s Last ‘Zero Covid’ Holdout

• NYT: In Japan, Rural Voters Count More Than Those in Big Cities. It Shows.

• NYT: Oil Executives Testify on Industry’s Role in Climate Disinformation

• WP: Some pro-vaccine parents are nervous about giving coronavirus vaccines to their children

• WP: Biden seeks a historic achievement and takes a major political gamble at the same time

• WP: As Biden heads to Europe, Trump’s potential return leaves allies skeptical

• WP: At COP26, climate inequality will meet vaccine inequality

• WP: COP26: A climate summit in a pandemic offers much that could go wrong

• FT: China and India cast pall over climate ambitions ahead of COP26

※ Beijing leaves targets unchanged while New Delhi indicates it will make no new commitments

• FT: Businesses rally behind global carbon pricing strategy

• FT: EU to help Moldova with cash for three weeks worth of gas supplies

• FT: All eyes on Draghi’s investment and reform plan

• FT: ‘It really is a nuisance’: Italy’s exporters on Brexit

• FT: Spain backtracks over levy on electricity companies’ ‘excess profits’

• FT: UK summons French ambassador as fishing dispute escalates

• FT: Sluggish exports: the ‘worrying trend’ in the UK economy

• FT: Paying the price for the UK’s cost of living crisis

• FT: Tory MPs give conditional backing to Sunak’s tax rises

• FT: Millions will be worse off next year after Budget, studies find

• FT: Bank of England considers capital rules for banks to cover climate risks

• FT: Vaccines reduce risk of Delta infection in the home by about a third

• FT: Final seven countries removed from England’s Covid travel ‘red list’

• FT: Top progressive lawmaker urges White House to fight for larger spending bill

• FT: The US’s ham-fisted attempts at building a 5G rival to China

• FT: China petrol price surge exacerbates energy crisis

• FT: Japan’s new leader bets on a quick poll victory to reinvigorate economy

• FT: COP26: India’s coal habit proves hard to kick despite pressure to set climate targets

• FT: Latest Erdogan spat leaves ‘bitter aftertaste’ in US-Turkey relations

• FT: Turkey’s interest rate cuts can stabilise lira, central bank governor says

• FT: South Africa power monopoly seeks more than $30bn to end coal reliance

• FT: Investors warm to nuclear fusion’s promise of clean cheap power

• FT: VW to cut jobs and overhaul main plant in face of Tesla challenge

• Bloomberg: EU’s Von Der Leyen Says World Isn’t on ‘Right Track’ on Climate

※ European Commission: Statement by President von der Leyen ahead of the G20 Summit and the UN Climate Change Conference (COP26)

• Bloomberg: G-20 Draft Contains Pledge to Stop Funding Offshore Coal

※ Summit aims for consensus before climate talks in Glasgow

• Bloomberg: G-20 Told to Think in Trillions When It Comes to Climate Aid

• Bloomberg: G-20 Wrangles Over How to Save Debt-Relief Plan for Poor Nations

• Bloomberg: Biden-Xi Thaw Quietly Takes Hold Even as Taiwan Tensions Flare

• Bloomberg: WHO Says $23 Billion Needed to Expand Access, Fight Covid-19

• Bloomberg: Interest Rates Aren’t the Only Weapon in Global Inflation Fight

• Bloomberg: Evergrande’s Next Bond Deadline Nears With Contagion Risk Rising

• Bloomberg: How China and Evergrande Are Trying to Avoid Disaster (Podcast)

• Bloomberg: Another Chinese Developer Is Sinking as Junk Bonds Sell Off

• Bloomberg: Delta Variant Is Spread by Vaccinated and Unvaccinated People Alike, Study Shows

• Bloomberg: Biden Sides With Detroit Automakers vs. Tesla in 'Build Back Better' Plan

• Bloomberg: Biden Port Envoy Porcari Says Deal Will Help Break CA Supply Chain Logjam

• Bloomberg: ECB Sees Inflation Above 2% Next Year Though Can’t Agree on 2023

• Bloomberg: France Seeks to Freeze EU Trade Talks Until After April Vote

• Bloomberg: Merkel Signals Smooth Power Transfer With G-20 Invite to Scholz

• Bloomberg: Euro-Area Consumers Most Worried About Prices Since 1993: Chart

• Bloomberg: India Deploys U.S. Weapons to Fortify Disputed Border With China

※ U.S.-India defense ties have strengthened to counter Beijing, with Chinook helicopters seen as a gamechanger near the border.

• Bloomberg: India Tests Nuclear-capable Missile Amid Tensions With China

• Bloomberg: Prime Minister Kishida Backs 2% Inflation Target: Japan Election

• Bloomberg: What ECB Hikes? Bond Traders Look Past Bets for Tighter Policy

• Bloomberg: Global Oil Demand Is Soaring and Refiners Are Reaping the Profit

• Bloomberg: Magnesium Crisis Is Showing Signs of Easing

• Bloomberg: Samsung Adds to Risky Foldables Bet After Strong Debut

• Bloomberg: Chip Crunch Hits Customers Like Never Before Year Into Crisis

• Bloomberg: ‘Sticky’ Inflation May Drive Gold to New Peak, Agnico CEO Says

• Bloomberg: U.S. Coal Sold Out for 2022 as Demand Rises on Surging Natural Gas Prices

• Bloomberg: Trillion-Dollar ESG Boom Rings Bubble-Trouble Alarm in New Study

• Bloomberg: Investors Can Now Police Net-Zero Claims With This New Tool

• Bloomberg: South Africa Selects 25 Wind and Solar Renewable-Power Projects

• Bloomberg: Supply Chains Need $100 Trillion to Hit Climate Goal, Paper Says

• Reuters: Exclusive: Tens of millions of J&J COVID-19 shots sit at Baltimore factory - sources

• Reuters: WHO says seeks more data from Merck on COVID anti-viral, from Bharat on vaccine

• Reuters: Sanofi exec: new COVID-19 shot will cost less than 10 euros

• Reuters: EU set to produce over 3.5 billion COVID vaccine doses in 2022 - chief executive

• Reuters: U.S. trade chief Tai says she aims to reduce U.S.-China tensions

• Reuters: Spike in energy prices not a result of green transition problems - IEA's Birol

• Reuters: Macron says up to Australia to repair broken relations

• Reuters: Marketmind: The ECB's inflation conundrum

• Reuters: European states urge Israel to stop settlement expansion

• Reuters: Global supply constraints deal heavy blow to Japanese firms

• Reuters: China's pollution control drive ahead of Olympics could impact iron ore markets -Fortescue

• Reuters: EXCLUSIVE Major gas supplier Qatar Energy plans 'green' bonds -sources

• Reuters: Brazil's Bolsonaro says Petrobras should not make so much profit

• Reuters: Coal industry did not show potential of clean tech quickly enough -WCA boss

• Reuters: Huawei spin-off brand Honor enters top three in China shipment ranking -research

• Reuters: Factbox: U.S. coal-fired power plants scheduled to shut

• Reuters: Analysis: Gulf energy giants pledge net zero - but plan to stick with oil

• Reuters: Analysis-Climate-vulnerable countries float 'emergency' timetable to cut emissions

• AP: Vaccine reluctance in Eastern Europe brings high COVID cost

• CNBC: Global Covid cases and deaths rise for the first time in two months

※ After weeks of decline, the number of Covid infections in Europe has risen for three consecutive weeks, even as cases fall in every other region in the world, the World Health Organization said.

• CNBC: The market is starting to price in more interest rate hikes than the Fed is indicating

• CNBC: China is ramping up coal imports from Russia — but not Australia

• CNBC: Merck CEO Robert Davis says ready to quickly deploy Covid antiviral pill

• CNBC: Are high energy prices here to stay? Analysts weigh in on the natural gas crisis

• CNBC: Tesla is setting the bar for electric vehicles, VW CEO admits

• CNBC: Very few Big Oil climate targets ‘have meaning’: Former BP CEO John Browne

• SCMP: China’s Wang Yi warns European nations not to develop ties with Taiwan

• SCMP: China pledges Covid-19 support, puts focus on regional economy in Asean talks

• SCMP: Chinese banks set to report strong third-quarter profit as wealth management fees, loans growth outweigh exposure to troubled property developers

• SCMP: Shanghai and Chongqing offer hints of how China’s property tax would work, and be ignored by runaway home prices

• SCMP: China’s power crisis sends magnesium prices skyward, choking supply chain and leaving Europe desperate

• SCMP: China’s small manufacturers see taxes deferred as Beijing vows ‘timely and targeted’ economic adjustments