Joker's Google Blog: Business Intelligence Monitor 211222

※ Omicron has overtaken the Delta variant of Covid-19 in the U.S., the CDC said. The new variant has spread rapidly, reaching at least 89 nations since being identified last month.

• WSJ: Biden Administration to Combat Omicron By Distributing 500 Million At-Home Covid-19 Test Kits

※ President Biden says, ‘We have to do more. We have to do better—and we will’ in fighting the fast-spreading variant

※ White House: FACT SHEET: President Biden Announces New Actions to Protect Americans and Help Communities and Hospitals Battle Omicron

• WSJ: As Omicron Takes Over in the U.S., More Curbs World-Wide

• WSJ: Long Covid Patients Report Vibrations, Tremors: ‘My Body Is Moving Inside, It’s Jolting’

• WSJ: Booming U.S. Economy Ripples World-Wide

• WSJ: Surging Inflation Has Workers Demanding Bigger Raises. Could It Lead to a Wage-Price Spiral?

• WSJ: Inflation Worries and Biden’s Spending Bill; Ben Bernanke Book on the Way

• WSJ: Biden Still Hopes to Strike ‘Build Back Better’ Deal With Manchin

• WSJ: U.S. Proposes January Talks with Russia

• WSJ: U.S. Sees Russian Gas Pipeline as Leverage in Ukraine Crisis, But Needs German Help

• WSJ: Turkey Rolls Out Economic Rescue Plan, Reversing Lira’s Spiral

• WSJ: Five Big Tech Stocks Are Driving Markets. That Worries Some Investors.

• WSJ: China’s Yuan May Have Peaked

• WSJ: Battery Storage Soars on U.S. Electric Grid

• WSJ: American Workers Are Burned Out, and Bosses Are Struggling to Respond

• NYT: EU Will Require Boosters for Vaccine Passes to Remain Valid

• NYT: Lingering Virus, Lasting Inflation: A Fed Official Explains Her Pivot

• NYT: How the 2020s Economy Could Resemble the 1980s

• NYT: Omicron Is Turning Europe’s Busy Season Silent

• NYT: In India’s Water-Stressed Villages, Modi Seeks a Tap for Every Home

• NYT: The $1 Pizza Slice Becomes Inflation’s Latest Victim

• WP: As Turkey’s economy suffers, Erdogan’s opponents step up efforts aimed at unseating him

• FT: Putin warns Nato of military response to alliance expansion

※ US offers talks next month with Russia in bid to ease fears of conflict over Ukraine

• FT: Oxford and AstraZeneca launch work on Omicron-targeted version of vaccine

• FT: Covid boosters essential to back up Oxford/AstraZeneca jabs, new study shows

• FT: Truss says she wants to ‘urgently resolve’ Northern Ireland Brexit row

• FT: Ships carrying natural gas head for Europe as prices surge to new high

• FT: Johnson rules out further Covid restrictions in England before Christmas

• FT: US-China gas deals defy tensions between world powers

• FT: Why Erdogan’s unorthodox Turkish economic experiment is not working

• Bloomberg: Omicron Set to Cut Fourth Quarter Global Economic Growth in Half

※ According to the latest Bloomberg nowcasts, the global economy is expanding just 0.7% in the final three months of the year, half the pace of the previous quarter and below the rate of around 1% witnessed right before the crisis.

• Bloomberg: Biden Sees Path Forward for Economic Plan Despite Manchin Rebuff

• Bloomberg: Biden Falters in Push to Reframe Debt Debate, Thwarting Agenda

• Bloomberg: Europe’s Energy Crunch Threatens Recovery as Prices Hit Records

• Bloomberg: Power Surges to Record as Europe Scrambles to Keep Lights on

• Bloomberg: Omicron Could Send Inflation Either Way, ECB’s Muller Says

• Bloomberg: Spain, Portugal Face New Limits Despite Vaccine Success

• Bloomberg: U.K. Debt Costs See Fastest Spike Since 2010 as Inflation Bites

• Bloomberg: China’s Crackdown on Taiwan Inc. Risks Accelerating Decoupling

• Bloomberg: Japan Pressed to Spend Billions, Cut Tax to Revive Chip Industry

• Bloomberg: Japan’s Kishida Vows to Press Companies to Raise Wages

• Bloomberg: Japan Upgrades Economy for 1st Time in 17 Months Despite Omicron

• Bloomberg: Thailand’s Quarantine-Free Entry Halted for Fear of Omicron Spread