Business Intelligence Monitor 220309

(Introduction)

[Markets]

•   Global: Global shares fall, oil rises in volatile trading after Russia oil ban

※   U.S. crude futures CLc1 settled at $123.70 a barrel, a 3.60% increase

•   Metals: Nickel booms on short squeeze while other metals retreat

•   Grains: US wheat futures fall after rally; corn firm; soy strong

•   Carbon: European Carbon Futures Jump 18%, Green Stocks Soar on EU Plans

•   한국: 유가 폭등 속 코스피 1.09% 하락…외인·기관 사흘째 순매도

•   한국: 대만 달러보다 '맷집 약한' 원화…원·달러환율, 1230원마저 뚫렸다

[Indicators]

•   US Jan. Wholesale inventories: U.S. wholesale inventories increase unrevised in January

•   US Jan. Balance of trade: Higher Vehicle, Energy Imports Push January U.S. Trade Deficit to New Record

•   US Feb. NFIB Business optimism index: Inflation Is Top Issue for Record Share of U.S. Small Businesses

•   UK Feb. Consumer spending: UK consumer spending strengthens in February as Covid rules relaxed

•   China Feb. Car sales: China’s February Auto Sales Get Boost From New-Energy Vehicles

•   Japan Feb. Economy Watchers sentiment: Japan Feb. economy watchers sentiment falls for 2nd month in row

•   South Africa Q4 GDP: South Africa’s Economy Grew at Fastest Pace in 14 Years in 2021

[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 Evacuates Civilians From Besieged Sumy, but Millions Remain Trapped by Fighting With Russia

※   Mariupol faces humanitarian crisis as Russian attacks kill civilians throughout Ukraine; Biden bans imports of Russian oil

•   WSJ: Biden Administration Altered Rules for Sharing Intelligence With Ukraine

•   WSJ: Biden Bans Imports of Russian Oil, Natural Gas

※   The move could further boost gasoline prices as the Biden administration responds to the Ukraine invasion

※   White House: FACT SHEET: United States Bans Imports of Russian Oil, Liquefied Natural Gas, and Coal

•   WSJ: Shell, BP to Withdraw From Russian Oil, Gas

•   WSJ: Why Is Gas So Expensive? Ukraine-Russia War Sparks Price Increases Across U.S.

•   WSJ: Russia Set to Ban Commodity Exports Following Western Sanctions

※   President Putin’s decree didn’t specify which commodities and countries would be subjected to the export ban

•   WSJ: Listen to Oil Prices and You Can Hear Echoes of the 1970s

•   WSJ: Russian Oil Embargo Pushes OPEC to Take Sides

•   WSJ: NATO Members Mount Huge Operation to Resupply Ukrainian Fighters

•   WSJ: U.S. Stinger Deliveries to Ukraine Followed Long Search for Technical Fix

•   WSJ: Russian Invasion Turns Ukraine’s Local Politicians Into Resistance Leaders

•   WSJ: Russia Facing Military Shortcomings in Ukraine Invasion, Says U.S. Intelligence Chief

•   WSJ: Hundreds of Ships Trapped by Ukraine War, Endangering Sailors and Global Supply Chain

•   WSJ: Negotiators Try to Complete Omnibus Spending Bill With Ukraine, Covid-19 Aid

•   WSJ: Foreign Companies in China Are Less Optimistic About Investing There

•   WSJ: Russia Sanctions Intensify Calls for Myanmar Fuel Ban—‘If The Jets Can’t Fly, They Can’t Bomb’

•   WSJ: White House to Order Broad Review of Cryptocurrencies

•   WSJ: The U.S. Shifts Focus to Venezuelan Oil, but Output Is Low

•   WSJ: Moderna Signals It May Enforce Covid-19 Vaccine Patents in Wealthy Nations

•   WSJ: Google to Buy Cybersecurity Firm Mandiant in $5.4 Billion Deal

•   WSJ: Apple Unveils Low-End iPhone With 5G Service, Adds Baseball Streaming

•   WSJ: Russia Can’t Fly Without the West—But May Eventually Propel China

•   WSJ: Intel Files to Take Self-Driving Unit Mobileye Public

•   NYT: War in Ukraine Rallies Support in Congress for More Military Spending

•   NYT: U.S. gas prices hit a high: $4.17 a gallon.

•   NYT: Rising Gas Prices Have Drivers Asking, ‘Is This for Real?’

•   WP: To Whom It May Concern: NATO is already on Russia’s border

•   WP: Through Putin’s looking glass: How the Russians are seeing — or not seeing — the war in Ukraine

•   WP: Up to 4,000 Russian soldiers may have died in Ukraine, U.S. general says

•   WP: 58 percent of Russians support the invasion of Ukraine, and 23 percent oppose it, new poll shows

•   FT: EU plans to cut Russian gas imports by two-thirds in a year

※   LNG and coal use will need to be offset by increased renewable energy to meet climate targets, says commissioner

※   European Commission: REPowerEU: Joint European action for more affordable, secure and sustainable energy

•   FT: IEA ready to release more oil to ease soaring energy prices, says chief

•   FT: Oil shocks need not stoke inflation

•   FT: Will the Ukraine war derail the green energy transition?

•   FT: Curbs on Russian exports raise risk of oil shock and recession in Europe

•   FT: Why Europe is wary of a block on Russian oil

•   FT: Russia’s banks turn from global ambitions to survival

•   FT: Rishi Sunak feels the heat as economic effect of Ukraine war hits UK

•   FT: Ukraine war serves as wake-up call for Taiwan over China threat

•   FT: How the Ukraine war could boost China’s global finance ambitions

•   FT: Ukraine crisis triggers ‘stagflationary shock’ for European stocks

•   FT: Commodities go crazy: nickel edition

•   FT: European industry braced for pain from latest surge in oil and gas prices

•   FT: Oil companies to investors: permission to drill?

•   Bloomberg: Putin Misjudged Ukraine But He Persists, U.S. Spy Chief Says

•   Bloomberg: Cash for Inflation-Hit Americans Backed by Economic Odd Couple

•   Bloomberg: Pfizer to Submit Data to FDA on Fourth Covid Shot Soon, CEO Says

•   Bloomberg: Europe Is on a Wartime Mission to Ditch Russian Oil and Gas

•   Bloomberg: How to Persuade Europeans to Shun Russian Fossil Fuels

•   Bloomberg: U.K. Faces Biggest Income Squeeze Since the 1970s on Ukraine War

•   Bloomberg: China Pushes Russia Conspiracy Theory About U.S. Labs in Ukraine

•   Bloomberg: China Considers Buying Stakes in Russian Energy, Commodity Firms

•   Bloomberg: China Warns U.S. Over Forming Pacific NATO, Backing Taiwan

•   Bloomberg: China’s Fears of an Indo-Pacific NATO Are More Myth Than Reality

•   Bloomberg: China’s Fiscal Aid Is Little Comfort for Cash-Strapped Provinces

•   Bloomberg: China Investors Learning How to Profit From Xi’s New Capitalism

•   Bloomberg: China’s Government Gets 1 Trillion Yuan Boost From Central Bank

•   Bloomberg: Oil Price Shock Tests China’s Bet To Insulate Its Economy

•   Bloomberg: Japan’s Economy Needs More Spending Aid, Abenomics Advocate Says

•   Bloomberg: China Sovereign Bonds Tumble From No. 1 Ranking as Funds Flee

•   Bloomberg: U.S. Shale Producers Are Set to Pick Up the Pace Amid Russian Ban

•   Bloomberg: U.S. Oil Production to Cushion Price Hit to Economy, Eventually

•   Bloomberg: The World’s Next Food Emergency Is Here as War Compounds Hunger Crisis

•   Bloomberg: Energy Crunch Spurs ‘Insane’ Rush for Industrial Rooftop Solar

•   Reuters: U.S. natgas output, demand to rise in 2022 -EIA

•   Reuters: U.S. power use to rise in 2022 as economy continues to grow -EIA

•   Reuters: New index shows U.S. inflation expectations shifting higher

•   Reuters: Exclusive: EU to sanction more Russian oligarchs, Belarus banks

•   Reuters: China's economic stability can support global growth amid Ukraine crisis- Citigroup

•   Reuters: China's c.bank to pay profits to fund fiscal spending -finance ministry

•   Reuters: CERAWEEK With bans on Russian oil, energy execs tell governments: Work with us

•   Reuters: CERAWEEK: U.S. oil output growth faces supply chain challenges -Occidental CEO

•   Reuters: CERAWEEK As oil prices soar, energy execs want security, alternatives to Russia

•   Reuters: CERAWEEK-Energy security in focus as Ukraine crisis causes supply crunch

•   Reuters: Analysis: Investors shift to Latam amid war in Europe, but risks remain

•   Reuters: Analysis: Ukraine crisis could boost ballooning fossil fuel subsidies

•   Reuters: Analysis: Ukraine crisis could disrupt India's spending plans, economic recovery

•   AP: WHO says COVID boosters needed, reversing previous call

•   AP: EXPLAINER: What does a US ban on Russian oil accomplish?

•   CNN: Gas prices are spiking. It's time for another look at plug-in hybrids

•   CNBC: Goldman sees 3 oil market scenarios unfolding from Russia-Ukraine war with one taking crude to $175

•   CNBC: ConocoPhillips CEO says a decision to drill more today won’t see oil flowing for up to a year

•   SCMP: As Russia is increasingly cut off, can China’s yuan find a greater role as a global currency?

•   SCMP: ‘Biden bump’ vanishes in China as US firms’ bilateral outlook revisits levels seen under Trump

•   SCMP: Ukraine invasion won’t dent China’s push to surpass US, become top economy by 2030: Beijing adviser Justin Lin Yifu

•   Caixin: Caixin Explains: Why China’s Creating a Financial Security Fund

•   Caixin: China’s New Covid Wave Ratchets Up Pressure on Local Authorities

•   Nikkei Asia: Asian companies hesitate on Russia pullout as Western boycotts mount

•   Nikkei Asia: Japan to ban exports of oil refining equipment to Russia

•   Nikkei Asia: Daikin tech helps cut China reliance for chipmaking material

•   Economic Times: Ukraine war: Icra sees serious downside risks to growth; CAD to cross 3.2 per cent

•   Economic Times: Credit Suisse says India most vulnerable to rising oil prices, downgrades it to underweight

•   Industrial Vehicle Technology: End-of-year sales boom for UK construction equipment

•   Robotics & Automation News: How Industry 4.0 is Changing the Employment Market

•   Robotics Tomorrow: The Benefits of Investing in Warehouse Automation

•   매경(P1): 대선 날, 코로나 첫 30만명대…한국 연일 세계최다 확진

•   매경(P1): 푸틴發 물류 대란…벌크선 확보 비상

•   매경: 벌크운임 한달새 60% 쑥…덩달아 또 오르는 곡물·철광석·석탄

•   매경: "부품 구할 길 없어"…현대차 러시아 공장 가동 중단

•   매경: 서류발송 막히고 루블화 결제만…韓수출기업 피해 일파만파

•   매경(P1): [단독] 원자재값 치솟자…정부, 해외광산 매각 잠정 중단

•   매경: 삼성전자 작년 시설투자·R&D·임직원수 역대 최대

•   매경: 동대문 새벽시장 사라지려나…MZ사장님들 "우리도 주 5일제"

•   매경: 서울 주택 빠르게 노후화…2채 중 1채, 30년 넘었다

•   한경(P1): 상장사 영업이익, 한달새 2.3조 증발

•   한경: 고소득자·자산가·대기업에 집중된 '징벌적 세금' 바로잡아야

•   한경: "정부 개입 최소화…자유시장경제 원칙 지켜라"

•   한경: 퍼주기 정책' 지속땐 국가 신용등급 추락한다

•   한경: "원활한 가업 승계 도우려면 세계 최고 상속세 인하 필요"

•   한경: 파국적 미래 예견된 국민연금…'세대 착취' 구조 뜯어고쳐야

•   한경: 에너지 안보' 위협 탈원전, 빨리 폐기하고 자원외교 시동 걸어라

•   한경: "녹색 환상 버려야…신재생에너지보다 원전 유용"

•   한경: "환율 더 오를 것"…달러 예금에 돈 몰린다

•   서경(P1): 한전 1분기에만 8조 적자…벌써 작년 年손실 넘었다

•   조선(P1): 北 경비정, 대선 전날 NLL 침범… 9·19 군사합의 후 처음

•   조선: 노인 빈곤율 처음 30%대 하락···그래도 여전히 OECD 최악

•   조선: 20대그룹 중 5곳만 “채용, 작년보다 늘린다”

•   조선: [백브리핑] “보고서는 머릿속으로만” 기재부가 몸사렸던 까닭

•   조선비즈: [우크라 사태] 건설기계, 中 피해 러 공략하려다 암초

•   조선비즈: 비슷하지만 다른 李·尹 부동산 공약, 결정적 차이는 ‘세금’

•   조선비즈: 씨에스윈드, 베스타스와 국내 풍력발전 생산 합작사 설립

•   조선비즈: 반도체 ‘쌓고 묶는’ 패키징 주목… TSMC 한발 앞서가는데 삼성은

•   동아(P1): 김정은 2018년 폭파한 北핵실험장 재건 움직임

•   한국: 대선까지 결론 못낸 '5G 주파수' 경매…결국 차기 정부로

•   한국: 석유 써도 온실가스 제로? 기업들, 근거는 공개 안 한다 [그린워싱 탐정]

•   국민: 건설사들 ‘ESG 경영’ 바람타고 폐기물 처리업 속속 진출

•   서울(P1): 국내도 ‘오일 쇼크’… 서울 휘발유값 ℓ당 2000원 코앞

•   헤럴드경제: 누가 돼도 차기정부 나랏빚 2000조

•   파이낸셜뉴스: 청약 광풍 꺾였다… 59곳중 27곳 1순위 미달

•   아시아경제: "D램 가격 오른다"…세대교체로 韓 DDR3 공급 줄여 가격 상승

•   이데일리(P1): "대비할 방법이 없다"…韓기업들, 러시아 반격에 '망연자실'

•   이데일리: 성난 개미 목소리에 '깜짝'…첫 배당 준비나선 기업들

•   이데일리: 논란의 주주총회…표대결 나선 주총은 어디

•   이데일리: 새정부서 '신한울 3·4호기' 건설 재개 기대…원전사업 숨통트일까

•   이데일리: 韓조선, 2월 세계 선박 발주 3분의 2 싹쓸이…中 따돌리고 선두

•   이데일리: [단독]두산, 산업부 '에너지통' 윤요한 과장 영입…에너지 대전환 대비

•   아주경제: 양금희 의원, '탈원전 정책 일관에서 이젠 원전이 주력' 민주당 비판

•   더구루: [단독] 삼성전자·SK하이닉스, 'D램 담합' 혐의 벗었다

•   더구루: [단독] 美 뉴스케일파워, 필리핀 SMR 수주 임박…두산중공업 또 홈런치나

•   더구루: CATL, 3월 감산설 일축…'천정부지 리튬' 경고등 여전

•   에너지경제: 오일쇼크발 에너지대란 재깍재깍…"월성1호기 돌려라"

•   전자신문: 네이버랩스, 실내 매핑로봇 'M2' 공개..'디지털 트윈' 기술경쟁력↑

•   디지털데일리: 삼성전자, P3 장비 반입 '임박'…세계 최대 반도체 팹 구축

[Opinions]

•   Project Syndicate(Nick Butler): Putin's War and World Energy

•   Project Syndicate(Willem H. Buiter): Markets Are in Denial About Nuclear Risk

•   Project Syndicate(Mariana Mazzucato): What If Our Economy Valued What Matters?

•   Project Syndicate(Shashi Tharoor): India's Ukraine Tightrope

•   FT(Martin Wolf): There are no good choices for the west on Ukraine

•   FT(Janan Ganesh): Why the Ukraine crisis is so bad for western populists

•   FT(Lex): Russia/payments: China is no shelter from sanction storm

•   FT(Lex): Oil embargo: US move obliges Wall Street to drop fracking capex curbs

•   WSJ(Editorial Board): Biden’s Bizarre Oil Diplomacy

•   WSJ(Holman W. Jenkins, Jr.): Putin’s War Will Get Uglier

•   WSJ(Emre Kuvvet): How Politicized Is the Federal Reserve?

•   WSJ(Frank Fannon): How the U.S. Can Siphon Russia’s Oil Revenue

•   WSJ(Glenn Hubbard): NATO Needs More Guns and Less Butter

•   NYT(Paul Krugman): How the Putin Shock Might Affect the World Economy

•   NYT(John McWhorter): The War in Ukraine Puts America’s Problems in Perspective

•   WP(Editorial Board): As Russia escalates its aggression on Ukraine, evidence of war crimes mounts

•   WP(Catherine Rampell): Republicans are laying a trap for Biden on Russian energy sanctions

•   WP(David Von Drehle): Xi Jinping is surely rethinking his grand bromance with Putin

•   WP(Paul Waldman): Can we finally talk about freeing ourselves from fossil fuel tyranny?

•   WP(Michael Gerson): We need a global response to covid as urgent as that against Russian aggression

•   WP(Charles Lane): How the U.S. could show it’s finally serious about the geopolitics of energy

•   WP(Heather Long): $4 gas is here. Facing down Putin is worth the price.

•   WP(Julia Raifman, Eleanor Murray): The CDC’s new mask guidance guarantees we’ll be too slow for the next surge

•   Bloomberg(David Fickling): Five Things to Know About Nickel’s 90% Price Surge

•   Bloomberg(John Authers): Ukraine and Inflation Worsen a Largely Lousy Century for Equity Risk Premiums

•   Bloomberg(Marcus Ashworth): ECB is the First Major Central Bank to Wrestle With the Wartime Economy

•   Bloomberg(Shuli Ren): Why China Won’t Help Russia Around Sanctions

•   Bloomberg(Liam Denning): Iron Curtain Comes Down on Energy

•   Bloomberg(Timothy L. O'Brien): In Putin’s Russia, Oligarchs Don’t Matter as Much as They Used To

•   Bloomberg(Matthew Brooker): Ukraine’s Just Part of China’s Cold War Paradox

•   Bloomberg(Matt Levine): Nickel Is Canceled

•   Bloomberg(Tae Kim): Apple IPhone SE Release Won't Wow Customers

•   Bloomberg(Javier Blas): Europe Needs to Cut Energy Demand Now to Deal with the Russia Gas and Oil Crisis

•   Fox News(Marco Rubio): Iran oil is fueling Russia's war machine -- US must not lift sanctions against Tehran

•   Fox News(Victor Davis Hanson): Putin's Ukraine invasion awakens once-sleepy Western nations

•   Fox News(Colin Reed): Biden's failures by the numbers – energy costs, poll numbers tell the story

•   중앙(정재준): 임기말까지 탈원전…문재인 정부의 아집

•   헤럴드경제(정태일): 푸틴의 무력, 문 대통령의 탈원전