Business Intelligence Monitor 220301

(Introduction)

[Markets]

•   Global: Stocks fall, ruble dives as Russia sanctions hit world markets

※   Stocks pare deep losses, European banks hit hard

※   Oil up 5%, euro down sharply vs dollar

•   Russia: Russia’s Ruble, Financial Markets Are Hammered by Sanctions

•   Metals: Aluminium spikes to record after Russia sanctions stepped up

•   Iron ore: Iron ore price rises as Russia-Ukraine conflict stokes supply concerns

•   Grains: Corn soars by daily trading limit on Russia-Ukraine supply fears

•   Cryptocurrency: Bitcoin Surges Most Since July Amid Sanction Refuge Speculation

•   한국: 코스피, 러·우크라 협상 기대감에 0.84% 올라…2,690대 회복

•   한국: 원전株 기사회생…文 "원전이 주력" 발언에 강세

•   한국: 현대차 연일 신저가…한때 17만원선 붕괴

[Indicators]

•   US Jan. Goods trade balance: U.S. goods trade deficit hits record high, seen weighing on first-quarter GDP growth

•   US Feb. Dallas Fed manufacturing Index: Texas Factory Production Lost Some Momentum in February

•   Japan Jan. Industrial production: Japan's Jan. industrial output falls 1.3% on month

•   India Q4 GDP: India’s GDP Grew 5.4% in Latest Quarter

※   Economic Times: What the Q3 GDP numbers convey: 10 key takeaways

•   India Jan. Core industry production: Core sector growth slows down to 3.7% in January; restrictions to rein in Omicron cases impacted economic activity

•   India Jan. Fiscal account: Centre's fiscal deficit touches 58.9 pc of full year target at end-January

•   Russia Benchmark rate: Russia doubles interest rates after sanctions send rouble plunging

•   Turkey Q4 GDP: Turkish Economy Beats All G-20 Nations With Double-Digit Growth

•   한국 1월 주택통계: 주택거래 꽁꽁 얼고, 미분양도 쌓여…서민들은 전세 없어 월세로

•   한국 1월 사업체 노동력: 1월 사업체 종사자 50만명 늘었지만, 임시·일용직이 절반… 고용의 질 악화

[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

•   FT: Inflation tracker: the latest figures as countries grapple with rising prices

•   CNN: Tracking America's recovery

•   Bloomberg: Global PMI Tracker

•   Bloomberg: The Covid Resilience Ranking

[News]

•   WSJ: Ukraine, Russia Fail to Agree on Cease-Fire, as Moscow Shelling Kills Civilians

※   Negotiators make some progress and return to their capitals with plans to meet again in coming days, Russian reinforcements stream in and Ukraine holds Kyiv

•   WSJ: Putin Finds Himself Isolated, Out of Touch as Invasion of Ukraine Sputters

•   WSJ: Behind the Sweeping Russia Sanctions: Zelensky’s Plea and a Mounting Crisis

•   WSJ: U.S. Levies Sanctions Against Russia’s Central Bank

※   Moves aim to prevent Moscow from using emergency reserve currencies to protect economy from Western pressure campaign

•   WSJ: Central Bank Squeeze Lacks Energy to Cripple Russia’s Economy

•   WSJ: Energy Sanctions Are a Weapon Putin Would Understand

•   WSJ: Ukrainians Return Home to Fight Russia: ‘I Have to Go’

•   WSJ: Russia’s Invasion of Ukraine Changed the World in Days

•   WSJ: Russia-Ukraine War Risks Putting Fed in Bigger Bind

•   WSJ: Volunteer Hackers Join Ukraine’s Fight Against Russia

•   WSJ: U.S. Positioned to Withstand Economic Shock From Ukraine Crisis

•   WSJ: Oil Producers Including U.S. Weigh Reserve Releases as War Prompts Rise in Prices

•   WSJ: Young Workers Rake In Biggest Wage Gains in Tight Labor Market

•   WSJ: U.S., Iran Split Over Key Nuclear Issues as Deal Deadline Nears

•   WSJ: Inflation Raises Expenses for Pension Funds

•   WSJ: Bond Market Shakes Off Hefty Swings in Sentiment

•   WSJ: Western Companies Pull Back From Russia in Response to Ukraine Invasion, Sanctions

•   WSJ: Gazprom, Rosneft Shares Tumble, but the Energy Giants Are Putin’s Safety Net

•   WSJ: Citigroup Has Nearly $10 Billion in Total Russian Exposure

•   WSJ: Impacts of Climate Change Now Severe and Widespread, U.N. Panel Says

※   IPCC: Climate Change 2022: Impacts, Adaptation and Vulnerability

•   WSJ: Self-Driving Trucks Start to Propel Land Rush Near Major Cities

•   NYT: Invasion Brings Russia Global Repudiation With Cold War Echoes

•   NYT: The West’s Plan to Isolate Putin: Undermine the Ruble

•   NYT: Pfizer Shot Is Far Less Effective in 5- to 11-Year-Olds Than in Older Kids, New Data Show

•   NYT: Toyota stops production in Japan after a possible cyberattack at a supplier.

•   WP: Biden wanted to use the State of the Union for his agenda. Then Russia started a land war.

•   WP: Putin’s nuclear threats remind us arms control is dangerously unfinished business

•   WP: Biden sending delegation to Taiwan to reaffirm commitment amid Russia’s invasion of Ukraine

•   WP: In Japan and across Asia, an outpouring of support for Ukraine

•   WP: Myanmar’s military has spent the year since the coup searching for international legitimacy. It has not found it.

•   FT: EU freezes assets of Russia’s leading oligarchs and allies of Putin

•   FT: Kharkiv bombardment represents escalation of Russia’s tactics

•   FT: The war in Ukraine and a decoupling world

•   FT: Putin’s war shakes loose the pieces of the international trade order

•   FT: The Ukraine crisis and the weaponisation of finance

•   FT: EU heeds Ukraine’s calls on sending weapons

•   FT: Belarus’s tilt to Russia complicates Europe’s security calculations

•   FT: ECB says Sberbank’s European subsidiaries face failure because of sanctions

•   FT: Swiss break neutrality tradition to match EU sanctions on Russia

•   FT: Spain’s centre-right weakened by internal feud as it battles Vox threat

•   FT: UK ‘working through hit list’ of Russian oligarchs to face sanctions

•   FT: Boris Johnson warns of UK energy price shock

•   FT: Chinese lenders squeeze African borrowers even harder

•   FT: Gulf states’ neutrality on Ukraine reflects deeper Russian ties

•   FT: Turkish opposition presents ‘historic’ pact to defeat Erdogan

•   FT: MSCI and JPMorgan under pressure to axe ‘uninvestable’ Russia from indices

•   FT: How Russia’s attack on Ukraine blindsided investors

•   FT: How ESG investors are responding to Russia’s invasion of Ukraine

•   FT: Shell joins BP and Equinor in pullback from Russia

•   FT: BP and Shell’s Russian exits put pressure on peers to follow suit

•   FT: Technology shifts automakers into high regulatory gear

•   FT: ‘Greenwashing’ warnings accelerate drive for business sustainability standards

•   FT: UK companies feel post-Brexit rules pain

•   FT: Big Tech caught in information war between west and Russia

•   Bloomberg: Global Consumers’ Surprising Resiliency Is Tested Anew by War

•   Bloomberg: Fed’s Bostic Says Half-Point Move Possible If Inflation Persists

•   Bloomberg: Goldman Sachs Sees Fed Hiking More Times in 2023 Amid Inflation

•   Bloomberg: EU Braces for Possible Russian Retaliation on Gas

•   Bloomberg: Europe Plans Push to Cut Dependence on Russian Natural Gas

•   Bloomberg: Germany Brings Forward Goal of 100% Renewable Power to 2035

•   Bloomberg: ECB’s Centeno Can’t Rule Out Stagflation Amid Russian Attack

•   Bloomberg: Delaying Germany’s Nuclear Phase Out Is Easier Said Than Done

•   Bloomberg: Sanctions on Russia Puts Focus on China’s Central Bank

•   Bloomberg: China’s Muddled Ukraine Response Feeds Rare Domestic Debate

•   Bloomberg: China’s Stimulus Fails to Jolt Construction in Blow to Economy

•   Bloomberg: Hong Kong’s Covid Isolation Plan Crumbles as Infections Soar

•   Bloomberg: Turkey to Restrict Transit of Russian Warships Through Straits

•   Bloomberg: Saudi Arabia’s Net Foreign Assets Hit Lowest Level Since 2010

•   Bloomberg: Ukraine Crisis to Test RBI Inflation Goal, Oxford Economics Says

•   Bloomberg: Brazil's Inflation Could Be 5% This Year, Says Economy Minister Guedes

•   Bloomberg: Anyone Selling Russian Assets Faces Few Options

•   Bloomberg: Chaos in Commodities as Russia’s War on Ukraine Upends Trade

•   Bloomberg: Russian Metal Exports Slide as Sanctions Hit Commodity Financing

•   Bloomberg: Gazprom Paves Way to New China Gas Deal as Sanctions Hit Russia

•   Bloomberg: Germany May Extend Coal Use to Replace Russian Gas

•   Bloomberg: Russian Oil Tankers Are Still Loading for the U.S., for Now

•   Bloomberg: Oil Shipping Costs Soar for Key Routes on Russian Invasion

•   Bloomberg: Goldman Says Demand Destruction Only Thing That Can Restrain Oil

•   Bloomberg: Maersk Logistics Chief Sees Bumpy West Coast Labor Process Ahead

•   Bloomberg: Blockchain Is Helping China's Automakers Boost Green Credentials

•   Bloomberg: Cheap South African Solar Projects Face Cost Challenge to Close

•   Reuters: Russia pounds Ukraine's second biggest city as fighting rages on

•   Reuters: EU eyes Ukrainian membership, could be bargaining chip in Russia talks

※   European Union leaders may discuss the possibility of Ukrainian membership at an informal summit in March, a senior EU official said on Monday

•   Reuters: EU plans summit with China on April 1 to address tensions

•   Reuters: Novavax's COVID vaccine shows long-term efficacy in UK trial

•   Reuters: China perseveres with mRNA COVID shot development amid Omicron, commercial uncertainty

•   Reuters: China welcomes investments from global integrated circuit companies

•   Reuters: GM, other automakers suspend some business in Russia following invasion

•   Reuters: Factbox: China's mRNA COVID vaccine candidates

•   Reuters: Analysis: Russia's missiles see mixed results in Ukraine war as world watches

•   Reuters: Analysis: Is WHO's aim to vaccinate 70% of world by June still realistic?

•   Reuters: Analysis: After sanctions barrage, Russia's emerging market allies explore workarounds

•   AP: Analysis: Ukraine war tests growing China-Russia partnership

•   MarketWatch: U.S. daily COVID case numbers return to pre-omicron levels, and New York is set to drop face-mask requirements for students

•   SCMP: Ukraine invasion: China’s global economic ambitions face turbulence over stance on Russian aggression

•   SCMP: China-US relations: Beijing warned ties will worsen further unless it shifts stance on Ukraine

•   SCMP: China says US sanctions over Ukraine should not affect right to trade with Russia

•   SCMP: Traders count on China’s ‘two sessions’ to reverse stock market decline as delegates set to endorse policy loosening to spur growth

•   SCMP: China’s urbanisation push could be at a ‘bottleneck’, with slowest migration growth rate in quarter-century

•   SCMP: Explainer | What is China’s Swift equivalent and could it help Beijing reduce reliance on the US dollar?

•   SCMP: Analysis | China’s fintech ecosystem is the world’s largest, but will Beijing’s tech crackdowns affect the landscape?

•   Global Times: Decoupling 'unrealistic' for China and US, 50 years after Nixon's historic visit

•   Caixin: More Cities Expand Easing Measures to Bolster Housing Market

•   Caixin: Energy Insider: Ukraine War Threatens Shortage of Sailors

•   Caixin: Evergrande Sells Off More Projects to Firms That Promise to Finish Them

•   Nikkei Asia: Japan joins sanctions on Russian central bank

•   Nikkei Asia: Corporate Japan gauges Russia risk as sanctions deepen

•   Nikkei Asia: China's Honor unveils first premium smartphone for global market

•   Nikkei Asia: Vladimir Putin will fail at subduing Ukraine: Francis Fukuyama

•   Mainichi: Japan automakers' 2021 domestic output hits lowest level in 45 years

•   Economic Times: Sales of manufacturing cos grow 27.3 pc in December quarter: RBI data

•   Times of India: Explained: How Russia-Ukraine conflict may impact India's economy

•   OilPrice.com: Boosting U.S. Oil Production "Misdiagnosis": Psaki

•   OilPrice.com: The Crisis In Ukraine Is Weighing On European Steel Markets

•   Construction Equipment: Construction Leasing Forecast ‘Hot’ in 2022: Finance Group

•   Robotics Tomorrow: Self-healing materials for robotics made from 'jelly' and salt

•   Robot Report: Top 10 robotic stories of February 2022

•   매경: "내 주식 배당 늘어나려나"…덩치 키운 사모펀드 주총 입김 세진다

•   매경: IMF위기 때보다 심각한 나라곳간…문 정부, 역대 정권 중 재정적자 최악

•   매경: 올해 곳간 더 빈다…고물가·경기둔화 겹쳐 세수 줄줄이 '빨간불'

•   매경: 포스코, '가상' 수소환원제철소 만든다

•   매경: 독일차 잡아 좋아했는데 인도에는 밀렸다…한국차, 글로벌 톱5

•   매경: 부동산 전문가 긴급점검…"아파트 시장 5월까진 거래절벽 지속될 것"

•   한경(P1): 러시아發 인플레이션 본격화…'산업의 쌀' 나프타값 급등

•   한경: 한화에어로, 가스터빈 소재·부품 국산화 나서

•   한경: LG '전장 드라이브'…유럽차 5G통신 부품 수주

•   한경: '채권단 관리 졸업' 두산중공업, 두산에너빌리티로 社名 바꾼다

•   한경: 약속의 3월?…"증시 본격 반등할 것" 전망 내놓은 증권사들

•   한경: 국민연금 '러시아 국채를 어찌하오리까'

•   서경(P1): 더 꼬인 반도체 공급망…中에 '네온가스 SOS'

•   서경: 네온 공급해오던 러·우크라社 연락두절…재고 바닥에 '발동동'

•   서경(P1): '셧다운' 현실로…내일 골조 공사현장 멈춘다

•   서경: "철근·콘크리트 뿐 아니다'…단가 갈등 확산하나

•   서경: "쿼드가 곧 경제"…韓, 美 주도 안보동맹 소외땐 '통상 부메랑'

•   서경: 묻지마 탈원전에 에너지 위기 韓 …'백지화' 천지·대진 원전 재개해야

•   서경: 명분 없는 수탁위 대표 소송·혼란 부른 원전…미래전략 흔들린다

•   서경: 저가 10채 팔아야 고가 한 채 산다…아파트값 양극화 '역대 최대'

•   조선(P1): 동맹 요청 외면하자… 美, 한국을 규제했다

※   산업부: (참고자료)산업통상자원부, 對러 수출통제 본격 동참

•   조선: 미국 기술 들어간 반도체·스마트폰, 對러 수출 차질 우려

•   조선: 2월 0~3세 영유아 확진 6만명... 한달새 13배 폭증

•   조선비즈: 우크라 전쟁發 인플레, 장기화 조짐…올해 3% 성장 전망 ‘흔들흔들’

•   조선비즈: 전문가들 “우크라 사태로 韓 환율 요동치면 무역적자 심화”

•   조선비즈: [단독] 100대 건설사 90% ‘하도급대금 인상 거부’… 건설현장 셧다운 위기

•   조선비즈: “韓수출기업, 중국 공급망 의존도 46%… 신재생에너지는 71%”

※   수출입은행 해외경제연구소: 수출 기업 해외 공급망 현황 및 영향 조사

•   조선비즈: 대선 이후 코스피는 오를까?…6개월 후 지수 평균 9.3%상승

•   조선비즈: 주차하면 자동 충전, 편의점서 배터리 교체… 전기차·오토바이, 서비스 경쟁

•   인베스트조선: 러시아 스위프트 제재 韓 금융산업 여파는...직접 손실보단 마진 축소 우려

•   동아(P1): 방역패스 오늘부터 중단… 식당-카페 QR 안찍는다

•   동아: 업무 공백 생길까봐… 일부 기업들 “PCR검사 받지말라”

•   동아: 자영업자들 “QR코드 안찍으면 손님 늘지 않겠나”

•   동아: [단독]韓, 러 수입 의존도 20% 넘는 품목 118개… 에너지-수산물 많아

•   한국: 3차 접종률 61%인데... 방역패스 중단으로 동력 상실한 백신 접종

•   서울(P1): “정찰 위성 개발 시험” 北, ICBM 발사 수순

•   세계: KDI “새정부, 남북관계 진전 어려울 것”

•   한겨레(P1): 온실가스 악화 땐 해수면 상승…50년 뒤 부산·인천 5조 손실

•   경향(P1): 식자재비·인건비·배달 수수료 ‘껑충’…밥상·외식물가 직격타

•   더벨: 시노펙스, FPCB 기업으로 턴어라운드 완료

•   파이낸셜뉴스(P1): 보안·성능 혁신… 삼성 노트북도 '퀀텀점프' [MWC2022 개막]

•   파이낸셜뉴스: D램가격 3분기에 오를 전망...낸드플래시는 2분기면 회복[위기감 더 커진 반도체 공급망]

•   파이낸셜뉴스: 소부장 '기술독립' 속도… 핵심품목 日의존도 31%→25%

•   파이낸셜뉴스: 불붙은 중위권 파운드리 경쟁… DB하이텍 증설 나서나

•   아시아경제(P1): [단독]공급망 위기에 다급해진 정부, 국가 자원 DB화 추진

•   아시아경제(P1): [단독] 이재명, 김동연 찾아가 '빅텐트' 논의… 통합정부 구성에 매진

•   아시아경제: 소수점 경쟁률 속출…지방 미분양 곡소리 더 커진다

•   연합: 오후 9시까지 전국서 13만3917명 확진…어제보다 1444명 적어

•   연합: 코로나 장기화에 허리띠 졸라맨 가계…외식·오락 지출 줄였다

•   연합: 올해 주총 시즌 관전 포인트는…배당·여성 사외이사·신사업

•   연합: '광주형 AI-그린 뉴딜' 빛고을 수소연료전지발전소 시운전

•   더구루: [단독] 서부발전, 美 코네티컷 가스발전사업 암초…공급계약 해지

•   더구루: 中 BOE, 2번 접는 디스플레이 개발…삼성·LG 맹추격

•   에너지경제: 文 탈원전 포기? 원자력계 "원전 축소 계획 그대로, 선거용 기만"

[Opinions]

•   Project Syndicate(Simon Johnson): Stop Financing Putin's War

•   Project Syndicate(Katharina Pistor): From Shock Therapy to Putin's War

•   Project Syndicate(Mohamed A. El-Erian): The Fed's Historic Error

•   Project Syndicate(Ana Palacio, et al.): How Europe Can Sustain Russia Sanctions

•   Project Syndicate(Anne O. Krueger): Biden's Frozen Trade Policy

•   Project Syndicate(Kaushik Basu): Protecting the Democratic Dividend

•   FT(Editorial Board): Windfall taxes on energy companies are a bad idea

•   FT(Editorial Board): A watershed moment for Germany

•   FT(Robert Armstrong): Sanctions and markets

•   FT(Ruchir Sharma): The best bet for the 2020s is short tech, long commodities

•   FT(Jonathan Wheatley): Emerging markets recoil from Ukraine war shock

•   FT(Artis Pabriks): Europe must give Ukraine everything it asks for

•   FT(Claire Jones, Joseph Cotterill): Russia’s FX reserves slip from its grasp

•   WSJ(Editorial Board): Ukraine Leads the World

•   WSJ(Editorial Board): Putin Loses Germany

•   WSJ(Editorial Board): The Oligarchs Start to Squeal

•   WSJ(Gerard Baker): As Russia Invades Ukraine, the West May Be Getting Serious

•   WSJ(Stephen Ford): Ukraine Will Never Surrender

•   WSJ(Judy Shelton): War in Ukraine Complicates the Fed’s Inflation Strategy

•   NYT(Gail Collins, Bret Stephens): Putin Is Spinning the Globe Faster and Faster

•   NYT(David Dayen): Larry Summers Shares the Blame for Inflation

•   WP(Henry Olsen): Putin’s invasion has opened Germany’s eyes. Let’s hope Biden sees the need for big changes, too.

•   WP(Greg Sargent): Biden’s harsh new sanctions are aimed at crippling Putin’s defenses

•   WP(Alexander S. Vindman): How NATO and the West can up their game on Ukraine — right now

•   Bloomberg(Bill Dudley): Markets Still Don’t Get How Far the Fed Might Go

•   Bloomberg(Niall Ferguson): Joe Biden Has Only Days to Avoid Becoming Jimmy Carter

•   Bloomberg(David Fickling): Russia Can Turn Food Into a Weapon in Future Crises Like Ukraine Invasion

•   Bloomberg(John Authers): In Ukraine, Market Uncertainty Is the Price for Putin Not Getting What He Wants

•   Bloomberg(Marcus Ashworth, Mark Gilbert): Russia's Pariah Status From Ukraine Will Take Its Financial Toll

•   Bloomberg(Robert Burgess): Market’s Plumbing Bends But Doesn’t Break – Yet

•   Bloomberg(Liam Denning): Shale Companies Say They Can't Drill More. Even When There’s a War?

•   Bloomberg(Hal Brands): Ukraine Crisis: Putin Destroyed 3 Myths of America’s Global Order

•   Bloomberg(James Stavridis): Putin's Strategic Mistakes Are Making Zelenskiy a War Hero

•   Bloomberg(Timothy L. O'Brien): Russian Attack on Ukraine: West Weaponizes Central Bank Against Putin

•   Bloomberg(Lionel Laurent): Putin Had Lots of Friends Among Europe's Elite. Many Have Now Gone Quiet.

•   Bloomberg(Clara Ferreira Marques): Trouble Is Brewing on Putin’s Home Front Over Russia's War in Ukraine

•   Bloomberg(Matt Levine): Russia’s Money Is Gone

•   Bloomberg(Jonathan Levin): Market Whiplash Underscores the Plight of the Federal Reserve

•   Bloomberg(Javier Blas): The Looming Threat of the Oil Weapon Against Russia Over Ukraine

•   Bloomberg(Colum Murphy): China’s Muddled Ukraine Response Feeds Rare Domestic Debate

•   Fox News(Robert Maginnis): Russia-Ukraine war preview of new authoritarian world order

•   매경(유승훈): 길 헤매는 수소경제

•   매경(박봉권): 임기말 되니 탈원전 한적 없다고 우기는 정권

•   아시아경제(이동우): '원전 주력'이라는 文정부의 자가당착

Business Intelligence Monitor Weekly 220221~220227

[Reports]

•   IMF: Blog: Should Monetary Finance Remain Taboo?

•   IMF: IMF Executive Board Concludes 2021 Article IV Consultation with the United Kingdom

•   IMF: Policy Options for Supporting and Restructuring Firms Hit by the COVID-19 Crisis

•   IMF: Blog: Chart of the WeekEconomic Indicators Signal Diminished Growth Momentum at Start of Year

•   IMF: The Effect of Tariffs in Global Value Chains

•   IMF: Statement by IMF Managing Director Kristalina Georgieva on Ukraine

•   World Bank: Turkey Economic Monitor: Sailing Against the Tide

•   World Bank: How did the COVID-19 pandemic influence the pace of new business formation?

•   OECD: GDP Growth - Fourth quarter of 2021, OECD

•   OECD: International trade statistics: trends in fourth quarter 2021

•   WTO: Goods barometer signals possible turning point for trade as supply pressures ease

•   BIS: BIS residential property price statistics, Q3 2021

•   White House: Statement by Press Secretary Jen Psaki on Russian Announcement on Eastern Ukraine

•   White House: FACT SHEET: Executive Order to Impose Costs for President Putin’s Action to Recognize So-Called Donetsk and Luhansk People’s Republics

•   White House: FACT SHEET: Securing a Made in America Supply Chain for Critical Minerals

•   White House: Fact Sheet: United States Imposes First Tranche of Swift and Severe Costs on Russia

•   White House: The Biden-⁠Harris Plan to Revitalize American Manufacturing and Secure Critical Supply Chains in 2022

•   White House: Fact Sheet: Biden-⁠Harris Administration Delivering Results 100 Days into Infrastructure Implementation

•   White House: FACT SHEET: Joined by Allies and Partners, the United States Imposes Devastating Costs on Russia

•   White House: Statement of the President on the NATO Summit and Call with President Zelenskyy

•   White House: Joint Statement on Further Restrictive Economic Measures

•   European Commission: Statement by the Presidents of the European Commission and the European Council on Russian aggression against Ukraine

•   European Commission: Just and sustainable economy: Commission lays down rules for companies to respect human rights and environment in global value chains

•   European Commission: Statement by President von der Leyen at the joint press conference with NATO Secretary-General Stoltenberg and President Michel

•   Fed: Speech by Governor Michelle W. Bowman - High Inflation and the Outlook for Monetary Policy

•   Fed: Speech by Governor Christopher J. Waller - Fighting Inflation with Rate Hikes and Balance Sheet Reduction

•   Fed: How Does Monetary Policy Affect Prices of Corporate Loans?

•   Fed: Monetary Policy Report – February 2022

•   FRBSF: What’s the Best Measure of Economic Slack?

•   St. Louis Fed: The Relationship between Wage Growth and Inflation, One Recession Later

•   St. Louis Fed: Addressing the Housing Affordability Crisis as COVID-19’s Impact Continues

•   ECB: Statement on Ukraine by Christine Lagarde, President of the European Central Bank

•   ECB: Frank Elderson: Prudential pathways to Paris

•   ECB: Isabel Schnabel: Finding the right sequence

•   ECB: Philip R. Lane: Interview with Frankfurter Allgemeine Zeitung

•   ECB: Monetary and macroprudential policies: trade-offs and interactions

•   BoE: The economy and policy trade-offs - speech by Silvana Tenreyro

•   BoE: Shocks, uncertainty, and the monetary policy response - speech by Dave Ramsden

•   RBI: Minutes of the Monetary Policy Committee Meeting, February 8 to 10, 2022

•   NBER: The Federal Funds Market, Pre- and Post-2008

•   NBER: The World Uncertainty Index

•   NBER: Procyclical Productivity in New Keynesian Models

•   NBER: Has the Willingness to Work Fallen during the Covid Pandemic?

•   NBER: The Unemployment-Inflation Trade-off Revisited: The Phillips Curve in COVID Times

•   CEPR: CEPR Discussion Papers 20 February 2022

•   VoxEU: A positive inflation target for the euro area

•   VoxEU: Global financial risk factors and sovereign risk

•   World Economic Forum: Metaverse: Will we be working in a virtual world soon?

•   Brookings: Around the halls: Implications of Russia’s invasion of Ukraine

•   Brookings: Could Ukraine be Putin’s Afghanistan?

•   Brookings: What does the war in Ukraine mean for Africa?

•   Brookings: It’s time to end the slow-motion tragedy in debt restructurings

•   Brookings: Putin pushes Biden to walk a State of the Union tightrope

•   CSIS: What’s Next for the China-Russia Relationship?

•   CSIS: A Beijinger in Washington

•   CSIS: Options for a Digital Dollar: Central Bank Digital Currency and Stablecoins

•   CSIS: Experts React: Ukraine’s Regional Displacement Crisis

•   CSIS: Twilight Struggle: Lessons from the Cold War for China Strategy Today

•   CSIS: Experts React: Putin’s War of Choice Threatens Food Security Worldwide

•   McKinsey:COVID-19: Briefing note #93, February 23, 2022

•   Visual Capitalist: Map Explainer: Key Facts About Ukraine

•   IEA: Global Methane Tracker 2022

•   IRENA: Renewables and Green Gas: The Only Viable Antidote to High Fossil Fuel Prices

•   Strategy Analytics: India Smartphone Market Approaching Quadropoly, Apple Models Rank Higher Than Ever in Q4’21

•   Strategy Analytics: MWC 2022 Preview: Shaping the World of Work in the New Normal

•   Strategy Analytics: Realme Becomes The Fastest Growing Smartphone Brand For 2021

•   Counterpoint: Europe’s Fastest Growing Smartphone Brand realme Helping Drive Europe’s COVID Recovery

•   Counterpoint: Qualcomm Gains Share in Smartphone AP/SoC Shipments in Q4 2021; MediaTek Continues to Lead

•   Counterpoint: LATAM Smartphone Shipments Grow 13.4% YoY in 2021 Despite Supply Constraints

•   Counterpoint: Global Smartphone Revenue Hits Record ~$450 Billion in 2021; Apple Captures Highest Ever Share in Q4 2021

•   Omdia: Omdia research shows Galaxy A12 is the most shipped smartphone in 2021

•   DRAMeXchange: 【Market View】Total NAND Flash Revenue Drops 2.1% QoQ in 4Q21 Due to Slowing Demand and Falling Prices, Says TrendForce

•   IC Insights: Microprocessor Growth Will Slow in 2022 after Cellphone MPU Surge

•   SEMI: Worldwide Semiconductor Assembly and Test Facility Database Now Tracks Integrated Device Manufacturers, 475 Facilities

•   IPC: North American PCB Industry Sales Up 7.7 Percent in January

•   IPC: North American EMS Industry Down 6.0 Percent in January

•   한국은행: 해외경제 포커스(제2022-7호)

•   한국은행: 2022년 1월중 거주자외화예금 동향

•   한국은행: 2022년 2월 소비자동향조사 결과

•   한국은행: 2021년 4/4분기중 가계신용(잠정)

•   한국은행: 2022년 2월 기업경기실사지수(BSI) 및 경제심리지수(ESI)

•   한국은행: 2021년 국제투자대조표(잠정)

•   한국은행: 2022년 1월 생산자물가지수

•   한국은행: 통화정책방향(2022.2.24)

•   한국은행: 경제전망(2022.2월)

•   한국은행: 2022년 1월 무역지수 및 교역조건

•   한국은행: [현지정보] 2022년 1월 FOMC 회의 의사록 주요 내용

•   한국은행: [현지정보] 연준, 고위직의 투자활동을 제한하는 새로운 규정 제정

•   한국은행: [동향분석] 최근 영국 경제 상황 및 평가

•   한국은행: [현지정보] 금일 홍콩 증시 급락 배경

•   한국은행: Demand Shocks vs. Supply Shocks: Which Shocks Matter More in Income and Price Inequality?

•   국제금융센터: 주요 투자은행 환율전망 (2월 21일)

•   국제금융센터: 주간 Wall Street 인사이트(2.21)

•   국제금융센터: 코로나19 관련 동향 및 해외시각(2.21)

•   국제금융센터: 주간 Global Opinions(2.14~2.20)

•   국제금융센터: 코로나19 관련 동향 및 해외시각(2.22)

•   국제금융센터: 최근 우크라이나 사태에 따른 시장 반응 및 전망

•   국제금융센터: 미국 빅테크 기업들의 증시 견인력에 대한 평가

•   국제금융센터: 코로나19 관련 동향 및 해외시각(2.23)

•   국제금융센터: 코로나19 관련 동향 및 해외시각(2.24)

•   국제금융센터: 최근 우크라이나 사태에 대한 시장반응 및 해외시각①

•   국제금융센터: 중국의 정책규제 완화 움직임 및 시사점

•   국제금융센터: 코로나19 관련 동향 및 해외시각(2.25)

•   국제금융센터: 세계대륙별 주요국 신용등급 현황(2월말 기준)

•   국제금융센터: [Fund Flow] 글로벌 펀드자금, 주식 유입 소폭 증가, 채권 유출 큰 폭 축소

•   kotra: '신규 철도법' 통과로 브라질 철도 사업 여건 대폭 개선 기대

•   kotra: 2021년 베트남 외국인 투자 동향 및 전망

•   kotra: 우크라이나 긴장 고조, 러시아 물류 현황 파악

•   kotra: [기획성 속보] 우크라이나 사태 해외 동향

•   kotra: 중국 인공지능산업의 현주소는

•   kotra: 리튬 기반 배터리의 재활용 산업 본격화하는 미국

•   대외경제정책연구원: 미얀마 쿠데타 발발 1년: 정치·경제 동향과 한국에 대한 시사점

•   EMERiCs: [동향세미나] 2022/23년 인도 예산안 주요 내용 및 평가

•   EMERiCs: [이슈트렌드] 인도, 기준금리 사상최저 수준인 4.0%로 동결

•   EMERiCs: [전문가오피니언] 미얀마는 아세안의 계륵일까?: 훈센 총리의 미얀마 방문을 보고

•   EMERiCs: [동향세미나] 아세안 주요국의 자동차시장, 회복세 전환

•   EMERiCs: [이슈트렌드] 말레이시아, 경기 회복에 접어들어... 그러나 물가 상승 억제 위한 조치 필요

•   EMERiCs: [이슈트렌드] 미얀마, 군부 통치 장기화로 외국인 투자 철회 잇달아

•   EMERiCs: [이슈트렌드] 베트남, 사회경제적 발전 결의문 발표… 교육 및 관광 정상화도 논의 중

•   EMERiCs: [월간정세변화] 동남아 투자 촉진 통한 경기 회복 전망 및 잠재적 위험 요소

•   EMERiCs: [이슈트렌드] 러시아, 우크라이나 침공... 우크라이나 정부는 결사 항쟁 천명

•   EMERiCs: [월간정세변화] 미묘한 중국-유라시아 관계, 동계 올림픽 정상회담으로 살펴보기

•   EMERiCs: [동향세미나] 남아공 국정연설의 주요 내용 및 시사점

•   EMERiCs: [이슈트렌드] UAE, 코로나19 유행 둔화와 유가 상승, 비석유 부문 성장으로 경제 회복 기대

•   EMERiCs: [이슈트렌드] 이란, 경제제재 속에서도 원유 수출 증가하며 저항 경제 유지

•   EMERiCs: [월간정세변화] 아프리카 국가, 정권 이양 과정에서 진통

•   EMERiCs: [월간정세변화] 이란 핵협상 재개를 둘러싼 중동 긴장 고조

•   EMERiCs: [월간정세변화] 중남미 정세 불안, 열악한 치안과 불안한 정치

•   EMERiCs: [전문가오피니언] 2021년 터키 경제의 변화: 리라화의 끝없는 추락

•   EMERiCs: [이슈트렌드] 중동부유럽, 물가 상승의 주요 요인인 에너지 가격 억제를 위해 노력

•   EMERiCs: [월간정세변화] 중동부유럽에서 커지는 환경 보호 여론… 탄소중립 달성을 위한 대안으로 원자력 발전 부상

•   EMERiCs: [이슈트렌드] 中 CPI·PPI 상승률 동반 하락, 물가 안정 신호인가

•   EMERiCs: [이슈트렌드] 中 베이징증권거래소 개장 100일 성적표 나와

•   EMERiCs: [이슈트렌드] 올해 中 신에너지차 산업에 영향 미칠 정책 해석

•   EMERiCs: [이슈트렌드] 일대일로 新파트너, 아르헨티나

•   EMERiCs: 중국의 상대적 빈곤 문제

•   국제무역통상연구원: 중국의 궈차오(애국소비) 열풍과 우리 소비재 기업의 대응전략

•   수출입은행 해외경제연구소: [이슈보고서] 베트남 정부의 코로나19 방역 정책과 글로벌 가치사슬 변화

•   수출입은행 해외경제연구소: [이슈보고서] 우크라이나 사태의 전망과 우리 경제에 대한 영향 및 대응방안

•   수출입은행 해외경제연구소: '22 월간 국내외 경제 및 산업 동향 2월호

•   수출입은행 해외경제연구소: 수출 기업 해외 공급망 현황 및 영향 조사

•   산업연구원: 산업경기 전문가 서베이조사 결과(2월 현황과 3월 전망)

•   산업연구원: ’대전환기의 중소기업과 정책과제‘컨퍼런스 개최결과

•   에너지경제연구원: 탄소중립 추진 비용의 규모와 해법 자료집

•   글로벌에너지협력센터: Global Energy Weekly Briefing (2022.2월 4주차)

•   국회예산정책처: NABO 경제·산업동향 & 이슈 (제26호)

•   국회입법조사처: 미국과 유럽의 대(對)러 정책 결정요인과 전망 - 우크라이나 사태 대응 양상을 중심으로

•   금융연구원: 금융브리프 31-04

•   하나금융경영연구소: 하나금융포커스 [제12권 4호]

•   우리금융경영연구소: ESG경영 원년의 키워드는 ‘환경, 사회’ - 2021년 국내기업의 MSCI ESG 평가결과 분석

•   KDB미래전략연구소: 주간 KDB리포트(2022.2.22)

•   KDB미래전략연구소: 2021년 제조업 설비투자 동향 및 특징

•   IBK경제연구소: 우크라이나 사태에 따른 대러 경제제재와 향후 전망, 시사점

•   대한상의: 기업 CEO가 바라는 새 정부 조세정책방향 조사

•   전경련: 코로나19 2년, 업종별 일자리 양극화 뚜렷

•   전경련: 디지털 경제로 가는 한국, 현황과 문제점

•   전경련: 3월 전망 기업경기동향조사(BSI)

•   전경련: 외국계 투자기업 2022 채용․투자 계획 조사

•   전경련: 전경련, ‘[新팬데믹 조약]에 경제계 참여 보장해달라’ WHO에 촉구

•   한국경제연구원: 1월 수출입 물가상승률 격차 7.2%p, 무역적자(월간 최대) 주 원인

•   한국경제연구원: 올해 1월 원재료수입물가주) 급등으로 1월 생산자물가 7.9%p 상승압력

•   한국신용평가: 우크라이나 사태에 따른 산업별 영향 점검

•   NICE신용평가: 원자재 가격, 금리 상승에 따른 업종별 영향

•   NICE신용평가: 금리 vs 심리, 부동산 시장의 향방은? - 1부. 과거 금리 인상 시 주택시장 변동 분석

•   한국기업평가: 에너지가격 상승 등 매크로 이슈의 영향 Update II - 우크라이나 사태로 변동성 확대. 상반기까지 불확실성 지속 예상

•   기계연구원: [일반] 2022년 기계산업, 수요산업 호조에 힘입어 성장세 지속

•   기재부: 종합부동산세법 시행령 보도자료

•   기재부: [보도참고] '21년말 대외채권·채무 동향 및 평가

•   기재부: [보도참고] 국가전략기술 및 신성장·원천기술의 R&D와 시설투자에 대한 세제지원 확대 사례

•   기재부: 홍남기 부총리, 국제신용평가사 무디스와 면담

•   기재부: [보도참고] 對러 금융제재에 따른 우리기업 대금결제 관련 대응방향

•   통계청: 2020년 임금근로일자리 소득(보수) 결과

•   통계청: 2021년 4분기 및 연간 지역경제동향

•   통계청: 2021년 12월 인구동향(출생, 사망, 혼인, 이혼)

•   통계청: 2021년 3/4분기(8월 기준) 임금근로 일자리동향

•   통계청: 2021년 4/4분기 및 연간(지출) 가계동향조사 결과 보도자료

•   산업부: (설명자료) 새만금에 연구용으로 설치된 수상태양광 패널에 소금이 달라붙어 있고, 부식 흔적이 나타났다는 내용은 사실과 다름(조선 2.22)

•   산업부: (참고자료)미국의 對러 수출통제 강화 조치 발표

•   산업부: 규제 샌드박스로 기계·항공까지 수소산업의 저변 확대

•   산업부: (설명자료) 원전 건설 지연은 경주·포항 지진 및 격납건물 공극발견에 따른 안전성 보강조치에 기인한 것이며, 정부의 에너지 전환정책 기조에는 변함이 없음(2.26 조선,서경)

•   산업부: (설명자료)글로벌 에너지 공급망 현안점검 회의는 에너지 공급망 불안이 상당기간 지속될 경우를 대비하기 위해 원전의 운영실태와 건설상황을 미리 점검하고자 한 것임(2.26 세계)

•   복지부: 오미크론 치명률은 델타에 비해 1/4 수준, 예방접종 완료시 오미크론 치명률은 계절독감과 유사하거나 낮아지는 것으로 분석

•   질병관리청: 주간 위험도 평가 전국·수도권·비수도권 모두 높음(2.21.)

•   공정위: 5개산업 시장변화 모니터링 결과

•   금감원: 21.12월말 국내은행의 원화대출 연체율 현황[잠정]

•   금감원: 22.1월중 기업의 직접금융 조달실적

[Magazines]

•   Economist: History will judge Vladimir Putin harshly for his war

•   Economist: Russia’s invasion of Ukraine

•   Economist: The economic consequences of the war in Ukraine

•   Economist: The right way for America’s states to use federal largesse

•   Economist: Investors have come to see private markets as a cash cow

•   Economist: Private markets have grown exponentially

•   Economist: Alternative fund managers are increasingly mainstream

•   Economist: Investors rely more and more on higher returns from private markets

•   Economist: More borrowers turn to private markets for credit

•   Economist: Regulators have private markets in their sights

•   Economist: Private markets are less rewarding than they used to be

•   Economist: South Africa must protect its judges

•   Economist: The world should welcome the rise of the robots

•   Economist: Parallels with Taiwan colour Asian views of the war in Ukraine

•   Economist: Xi Jinping drew closer to Russia on the eve of war in Ukraine

•   Economist: Hong Kong’s refusal to live with covid-19 is causing chaos

•   Economist: Deploying reality against Putin

•   Economist: Brazil’s 10% inflation is eroding incomes and the president’s popularity

•   Economist: Turkey’s rapprochement with Russia may not survive the war in Ukraine

•   Economist: Money matters take centre-stage in France’s election

•   Economist: Europe is the free-rider continent

•   Economist: Britain's post-Brexit trade policy is slowly maturing

•   Economist: England’s coronavirus regulations are no more

•   Economist: China wants to insulate itself against Western sanctions

•   Economist: How Gazprom helps the Kremlin put the squeeze on Europe

•   Economist: America’s tariff wall on Chinese imports looks increasingly like Swiss cheese

•   Economist: Despite bulging debt everywhere, the IMF is struggling to be helpful

•   Economist: With maverick policies, Turkey cannot hope to bring down prices

•   Economist: The many virtues of the yen, the rich world’s cheapest currency

•   Economist: How to avoid a fatal backlash against globalisation

•   Fortune: Putin might have just kick-started Europe’s green energy revolution—too bad Germany doubled down on natural gas

•   Bloomberg Businessweek: A Pandemic Baby Bump Shines a Spotlight on the Nordic Welfare Model

•   Time: How Russia’s Invasion of Ukraine Could Change the Global Order Forever

•   Atlantic: Who is Vladimir Putin’s Revisionist History For?

•   Atlantic: How Inflation Hits Home

•   Atlantic: Russia Probably Won’t Cut Off Europe’s Gas, Because It’s ‘Essentially an Act of War’

•   Atlantic: How Ukraine Could Become a Nuclear Crisis

•   Atlantic: How Far Will Biden Go to Stop Putin?

•   Atlantic: Is Taiwan Next?

•   Atlantic: We Might Not Need Annual COVID Shots

•   Atlantic: How Much Will the West Sacrifice for Ukraine?

•   Atlantic: Three Theories for Why Gas Prices Are So High

•   Foreign Policy: China and Russia’s Friendship in Ukraine Is Without Benefits

•   Foreign Policy: Winning in Ukraine Will Require Paying the Cost

•   Foreign Policy: Russia’s Invasion of Ukraine Is Just Beginning

•   Foreign Policy: How Russia’s Future with NATO Will Impact the Arctic

•   Foreign Policy: What Would a Russian Invasion Mean for Energy Markets?

•   Foreign Policy: Is There a Risk of a NATO vs. Russia War?

•   Foreign Policy: What the Russia-Ukraine Crisis Means for South Asia

•   Foreign Affairs: The Kremlin’s Gas Wars

•   Foreign Affairs: Putin’s War at Home

•   Foreign Affairs: The Man Behind Putin’s Military

•   Foreign Affairs: Making Putin Pay

•   Foreign Affairs: The Eurasian Nightmare

•   Foreign Affairs: Putin’s Blunder

•   Foreign Affairs: Putin Is Repeating the USSR’s Mistakes

•   Foreign Affairs: How to Understand the Crisis in Ukraine

•   Foreign Affairs: The Middle East Moves On

•   Foreign Affairs: The End of the Middle East

•   Foreign Affairs: When Will the Pandemic End?

•   Foreign Affairs: Before the Next Shock

•   Foreign Affairs: India’s Faltering Nonalignment

•   Foreign Affairs: The Dictator’s New Playbook

•   Barron's: Emerging Markets Are on the Mend. The Ukraine Conflict Won’t Derail Them.

•   Barron's: GE Has Hydrogen Turbine Experience. Airbus Has Planes. Can They Cut Carbon Emissions to Zero?

•   Barron's: Overlooked Risk in Ukraine Crisis: How Russian Aggression Stirs China

•   Barron's: Today’s Inflation Won’t Be Solved By the Fed

•   Barron's: Markets Are Shrugging Off Sanctions, But Frictions Are Visible

•   Barron's: Sanctions Won’t Stop Russia’s Attack, But They Could Slow the Global Recovery

•   Barron's: Europe Just Became the World’s Most Dangerous Place

•   Barron's: Russia’s Attack Is Illegal and a Wake-Up Call to the West

•   Barron's: The Signs of a Dangerous Shift in ‘How Putin Understands His Own Power’

•   Barron's: Ukraine Is Not Priced In

•   Barron's: A Bolt from the Blue Hits the Markets

•   Barron's: Russia Is Ready for a Long Economic Fight

•   Barron's: I’m a Former Moscow Correspondent. Don’t Let Vladimir Putin Fool You—Russia’s War in Ukraine Is Only About One Thing.

•   Barron's: The Fed Is Making Big Changes. How They Will Play Out in the Housing Market.

•   Barron's: Sanctions Won’t Stop Putin. He Doesn’t Need to Care.

•   MIT Technology Review: The US government is ending the China Initiative. Now what?

•   MIT Technology Review: Ukraine’s invasion underscores Europe’s deep reliance on Russian fossil fuels

•   Power Magazine: The Economics of Reliability: U.S. Power Generation, Transmission, and Distribution

•   Power Magazine: Decarbonizing the World: Hydrogen Technology Is the Next Big Thing

•   Windpower Monthly: Slow EU wind growth squeezes supply chain, WindEurope warns

•   Nature: Wuhan market was epicentre of pandemic’s start, studies suggest

•   Nature: Had Omicron? You're unlikely to catch its rising variant

•   Nature: Will a rising Omicron variant scramble antibody treatments?

•   매경이코노미: 웨이지플레이션 ‘진실과 거짓3 ’

•   매경이코노미: 웨이지플레이션 극복하려면...생산성 높이고 호봉 대신 직무급

•   이코노미스트: 박정원의 두산그룹, 실적 개선으로 부활 신호탄…'재도약' 가능할까

[Books]

•   FT: Five books about Putin, Russia and Ukraine

•   NYT: How Much Power Does the Federal Reserve Have?

•   매경: [BOOKS] 기후위기로 죽는건 결국 인간…지구의 재생에 당장 동참하라

•   한경: [주목! 이 책] 경제 정책의 이해

•   한경: [홍순철의 글로벌 북 트렌드] 불안한 정세…원자재 트레이더들의 '영업 비밀노트'

•   한경: [책마을] 큰 정부든 작은 정부든…경제성장이 '최고의 복지'

•   한경: [책마을] 이익 홀대하는 기업, 왜 멀리해야 하는가

•   한경: [책마을] 수소로 경제 돌리는 시대가 온다

•   서경: [책꽂이]국가경쟁력 좌우할 '한국형 재정로드맵'은

•   서경: [책꽂이]카이스트 교수 19명이 말하는 메타버스

•   서경: [책꽂이]전통의 질레트 무너뜨린 구독경제의 힘