Business Intelligence Monitor 220310

(Introduction)

[Markets]

•   Global: World shares rise, oil falls 13% on OPEC nation's pledge

•   Russia: Russia’s ruble continues its slide as new curbs restrict access to foreign currency.

•   Metals: Investors flee as aluminium, others spiral lower after nickel suspension

•   Grains: Wheat futures drop as USDA cuts US exports

•   Cryptocurrency: Bitcoin Price Surges on Biden’s Crypto Executive Order

※   White House: FACT SHEET: President Biden to Sign Executive Order on Ensuring Responsible Development of Digital Assets

[Indicators]

•   US Jan. Job openings: Job Openings Near Record as Labor Market Emerges From Omicron Disruptions

※   WSJ: There Will Never Be Enough Workers

•   US Weekly Mortgage rates·applications: Brief drop in mortgage rates sparks mini refinance boom

•   China Feb. CPI·PPI: In China, Inflationary Pressures Remain Subdued—For Now

※   Producer prices rose 8.8% in February, easing from recent high of 13.5%, though conflict in Ukraine could increase inflation risks

※   SCMP: Ukraine war raises China’s ‘imported inflation’ concern as oil, nickel prices surge

•   Japan Q4 GDP(final): Japan downgrades Q4 GDP on consumer spending miss

•   Russia Feb. CPI: Russian annual inflation up 9.15% in February

※   Bloomberg: Russia Headed for One of Biggest Inflation Shocks in Decades

[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: Russian Airstrike Hits Maternity Hospital in Ukrainian City of Mariupol

※   Kremlin’s forces inch forward in an effort to encircle the Ukrainian capital, Kyiv

•   WSJ: What Is a No-Fly Zone and Why Has NATO Rejected Ukraine’s Calls for One?

•   WSJ: U.S. Doesn’t Support Giving Ukraine Polish Soviet-Era Aircraft, Pentagon Says

•   WSJ: Russians Rush to Leave as Sanctions Bite and Putin Clamps Down on Dissent Over Ukraine War

•   WSJ: Waves of Ukrainian Refugees Overwhelm Poland

•   WSJ: The West’s Challenge: Helping Ukraine Without Firing on Russians

•   WSJ: Russia, Out to Contain NATO, Instead Reignites the Alliance

•   WSJ: Russian Oil Ban Could Pinch Refiners Today, Motorists Tomorrow

•   WSJ: Will Inflation Stay High for Decades? One Influential Economist Says Yes

※   Charles Goodhart sees an era of inexpensive labor giving way to years of worker shortages—and higher prices.

•   WSJ: Biden and the Oil Industry Are at Odds, Clouding Effort to Tame Gasoline Prices

•   WSJ: Biden Enlists Business Executives to Push Bill Countering China Tech Threat

•   WSJ: Democrats Remove Coronavirus Funding From Omnibus Spending Package

※   Legislation would fund government for rest of fiscal year, provide aid to Ukraine

•   WSJ: U.S. Housing Wealth Skewed Even More Toward Affluent Over Past Decade

•   WSJ: Pfizer Starts Testing Its Covid-19 Pill in Children

※   Drugmaker expects results from its study of Paxlovid in high-risk children by end of year

•   WSJ: China’s 5.5% Growth Target Is a Big Reach

•   WSJ: U.A.E. Pushes for Increased OPEC Oil Production Amid Russian War on Ukraine

※   The move marks a departure for the Persian Gulf producer after months of standing with Saudi Arabia and Russia

•   WSJ: CERN Bars Russia From New Scientific Collaborations, Citing Ukraine War

•   WSJ: Fed Liquidity Facilities Still Not Showing Signs of Market Stress

•   WSJ: Nickel Market Crisis Sends London Metal Exchange Scrambling to Prevent Damage

•   WSJ: Frackers Say Bottlenecks Impede Output Boost as Oil Prices Soar

•   WSJ: Iconic Russian Car Maker, Known for Cold War Self-Reliance, Halts Production

•   WSJ: Amazon Flagged to Justice Department for Possible Criminal Obstruction of Congress

•   WSJ: Better Pay and Career Paths Drive U.S. Workers’ Decisions to Quit

•   WSJ: The Next Bets for Renewable Energy

•   WSJ: iPhone SE, iPad Air, Mac Studio and More: How Apple’s Newest Products Measure Up

•   NYT: Russia’s Other Contest With the West: Economic Endurance

•   NYT: Power loss at Chernobyl is worrying, but it’s not an immediate threat, the U.N. says.

•   NYT: How Western Firms Quietly Enabled Russian Oligarchs

•   NYT: How a Playground for the Rich Could Undermine Sanctions on Oligarchs

•   NYT: Will Russia’s Isolation Last?

•   NYT: Biden Offers More Free Covid Tests Although Demand Has Slowed

•   WP: A new iron curtain descends on Russia amid its invasion of Ukraine

•   WP: Why Washington shut down Poland’s offer to give Ukraine fighter jets

•   WP: Gas prices are hitting new highs. Here’s why — and how long the surge could last.

•   WP: Body bags, overflowing morgues and chaotic hospitals: Hong Kong’s pandemic goes critical

•   WP: Drones, robots, license plate readers: Police grapple with community concerns as they turn to tech for their jobs

•   FT: EU adds 14 more Russian business chiefs to its sanctions list

※   Measures target executives at coal and fertiliser producers as well as lawmakers

※   European Commission: Ukraine: EU agrees to extend the scope of sanctions on Russia and Belarus

•   FT: EU nations should tap recovery plan funds amid Ukraine crisis, says official

•   FT: EU struggles to deepen unity on defence and energy

•   FT: Russia’s techies flee country they fear is ‘flying into an abyss’

•   FT: War in Ukraine: will the Baltics become the ‘new West Berlin’?

•   FT: ECB pursues flexibility as divisions deepen over Ukraine crisis

•   FT: Macron’s summit seeks fast-track ‘sovereign Europe’

•   FT: Ukraine war strengthens EU’s renewable push

•   FT: Johnson opens door to fracking in response to Ukraine war

•   FT: Chinese smartphone shipments to Russia plunge as rouble collapses

•   FT: What does banning Russian oil mean for global energy markets?

•   FT: Shanghai halts trading of key nickel contracts in wake of LME suspension

•   FT: World’s first pig heart transplant patient dies 2 months later

•   Bloomberg: House Democrats Unveil Measure to Bar Russian Crude Oil Imports

•   Bloomberg: U.S. Weighs Sanctions on Russian Uranium Supplier Rosatom

•   Bloomberg: Ukraine Open to Neutrality, Won’t Yield Territory, Aide Says

•   Bloomberg: Russia and Ukraine Dispute Who’s Responsible for Gas-Supply Risk

•   Bloomberg: Russian Prowess Questioned as Troops Bogged Down in Ukraine

•   Bloomberg: U.S. Inflation Data to Capture Prewar Prices, Rather Than Peak

•   Bloomberg: China Growth Faces Dual Shocks from Oil Spike and Virus Spread

•   Bloomberg: Xi’s Europe Outreach Aims to Keep China Out of East-West Clash

•   Bloomberg: China Official Says Hong Kong Autonomy Could Last Beyond 2047

•   Bloomberg: Here’s How Surging Oil Prices Shift the Economic Outlook in Asia

•   Bloomberg: One in 200 South Africans May Have Died of Covid-19, Study Shows

•   Bloomberg: ESG Funds Scolded for Investing in Myanmar Arms Suppliers

•   Bloomberg: Fed’s Biggest-Ever Bond-Buying Binge Is Drawing to a Close

•   Bloomberg: The ECB’s Inflation Dashboard Is Getting Trickier to Interpret

•   Bloomberg: Traders Price in BOE Bumper Hike by June as Inflation Fears Rise

•   Bloomberg: Oil From Venezuela and Iran Would be Banned Under New Rubio Bill

•   Bloomberg: Wild Nickel Market May Get Relief From Indonesia’s Higher Output

•   Bloomberg: Chinese Nickel Giant Secures Bank Lifelines After Epic Squeeze

•   Bloomberg: Climbing World Wheat Reserves May Help Temper Chaos in Black Sea

•   Bloomberg: Indonesia Explores New Coal Markets With Buyers Shunning Russia

•   Bloomberg: Russian Invasion May Drive Switch to Platinum From Palladium

•   Bloomberg: Soaring Lunch Costs Hit U.K. Workers Returning to Offices

•   Bloomberg: Toyota Reconsiders Production Plans as Disruptions Pile Up

•   Bloomberg: Coal’s Comeback in India Shows Scale of Climate Challenge

•   Bloomberg: Russia’s War Casts Huge Shadow Over Future of ESG: Green Insight

•   Bloomberg: China Clean Energy Giants Poised to Help EU Ditch Russian Fuel

•   Reuters: World Bank official says war-driven oil price hikes to slash growth for big importers

•   Reuters: IMF board to consider $1.4 bln in funding for Ukraine on Wednesday - Georgieva

•   Reuters: Biden, backed by business executives, presses Congress on chip funding

•   Reuters: Russia's Gazprom continues gas shipments via Ukraine at same level

•   Reuters: Iran nuclear talks stumble over unresolved Russian demands

•   Reuters: China blames NATO for pushing Russia-Ukraine tension to 'breaking point'

•   Reuters: Global LNG demand growth shifts from Asia to Europe on Russia sanctions

•   Reuters: IEA says it will draw up plan to cut oil usage as prices surge

•   Reuters: CERAWEEK Gas security a growing worry due to Russia's export dominance

•   Reuters: CERAWEEK U.S., Europe could produce more LNG with regulatory assurances -executives

•   Reuters: Caterpillar, Deere Join Firms Suspending Business in Russia

•   Reuters: Analysis: BOJ has little room to move as Ukraine clouds recovery, prices soar

•   Reuters: Analysis: Taiwan studies Ukraine war for own battle strategy with China

•   Reuters: Analysis: Ukraine crisis leaves European banks' renaissance in tatters

•   CNBC: Consumer inflation was likely high in February, and rising fuel prices will turn up the pressure

•   CNBC: Analysts warn of recession if oil prices continue to surge further into ‘uncharted territory’

•   CNBC: Putin’s always wanted to weaken the West. He’s done the exact opposite

•   CNBC: Analysts say Apple’s cheaper iPhone SE will drive switches from competitors

•   SCMP: China’s fiscal spending spree to be bolstered by ‘very special’ 1 trillion yuan payment from central bank

•   Caixin: In Depth: The Winners and Losers of China’s Credit Easing

•   Nikkei Asia: Taiwan raids 8 Chinese tech companies over alleged talent poaching

•   Nikkei Asia: Chinese EVs pose a 'threat,' Japan's minicar king Daihatsu says

•   Nikkei Asia: Analysis: Less Xi, more Li in China policy speech

•   Economic Times: Rupee fall to help exports rise by up to 10%

•   DIGITIMES: TSMC plans price hike for 8-inch foundry services

•   매경(P1): 윤석열 '정권교체' 해냈다

•   매경: 文정부 규제대못 뽑는다…임대차3법도 전면 개정 추진

•   매경: 세계 최고 K원전 복원…에너지 대계 다시 짠다

•   매경: 민간 잘하게 정부가 지원…기업인 춤추게 만들어달라

•   매경: 굳건한 한미동맹 재건…尹, 5월 바이든 만나 결속 다질듯

•   매경: 유가 오르고 원화값 떨어지니…산업계 원가 상승 압박 '눈덩이'

•   매경: 한은 "금융위기 때보다 가계·기업 빚 증가 심각"

※   한국은행: 최근 우리나라 금융사이클의 상황 및 특징 평가

•   매경: [단독 / 세종 인사이드] 재정관리 힘쏟는다더니…정부, 관련 부서 없앴다

•   한경: 사라지는 대선 불확실성…증시에 어떤 영향 미칠까

•   서경: 정부, WTO서 중국·인도 등과 무역기술 장벽 11건 협상

•   서경: 가스 수입 대폭 줄여 2월 무역수지 덕봤다

•   조선(P1): 확진자 이틀 연속 30만명대

•   조선: 방역패스 없어지자 3차 접종률 절반 뚝

•   조선: “가족 내 전파력, 오미크론이 델타보다 50% 높아”

•   조선: 삼성전자 소액주주 12만명 줄었다

•   조선비즈: 애플, 韓 찾아 자율주행칩 맡겼다… 퀄컴 전력반도체도 국내서 생산

•   조선비즈: 컨테이너선 10척 중 7척, 제때 도착 못해… 평균 7.4일 지연

•   조선비즈: 작년에도 절반 겨우 넘겼는데… 수소차, 올해 목표도 ‘글쎄’

•   인베스트조선: 대한민국 채무 6000조 시대…누가 어떻게 해결해야 하나

•   중앙: 전문가 “정점에 진입”…2주내 누적 확진자 1000만명 될 듯

•   동아: 현대차 “러 현지공장 무기한 중단”… 수출기업들 “대금결제 안된다”

•   한국(P1): 고환율에 200달러 유가설 ‘퍼펙트스톰’… 국내 물가도 천장 뚫렸다

•   세계: 재택 늘어 근로시간 줄었지만 실직 걱정은 커져

•   머니투데이: "스치기만 해도 오른다" 대세라던 메타버스, 관심 '뚝'…왜?

•   파이낸셜뉴스: GS에너지, 美수소기업 지분투자… 정유·석화 수소사업 확대

•   파이낸셜뉴스: 파랗게 질린 '그룹주 톱10'… 올 시총 11% 이상 날아갔다

•   이데일리: 전국 휘발윳값 1900원 턱밑…"유류세· 원유관세 인하해야"

•   이데일리: "D램에 AI연산기능 결합"…차세대 반도체 키워드는 '융합'

•   이데일리: CATL, ‘인터배터리 2022’ 불참…“中정부 한국 방문 자제 요청”

•   이데일리: "우크라 장기화에 3월 금융스트레스지수 올라갈 듯"

•   에너지경제: [2022 대선 당선인 국정방향/기후에너지] "탈원전 폐기…온실가스 감축 방안 전면 수정"

•   에너지경제: EU 에너지 위기완화 행동계획 12가지는?…저탄소 가스 활용·소매시장 안정화 등

•   에너지경제: 니켈 가격 ‘천정부지’···전기차 대중화 발목 잡히나

•   전자신문: 카플레이션 현실화…"2022년형 신차, 최대 200만원 올랐다"

•   로봇신문: 화낙, 협동로봇 ‘CRX’시리즈 3종 발표

[Opinions]

•   Project Syndicate(Dani Rodrik): Taming the Security Dilemma

•   Project Syndicate(Anders Åslund): Fortress Russia Crumbles

•   Project Syndicate(Shang-Jin Wei): Can Sanctions on Russia Work Without China?

•   Project Syndicate(Jeffrey D. Sachs): Diplomacy Remains the Only Option in Ukraine

•   FT(Editorial Board): Chile can set an example again for the developing world

•   FT(Editorial Board): US ban on Russian oil will have limited effect

•   FT(Robert Shrimsley): Ukraine has saved Boris Johnson for now, but dangers remain

•   FT(David Gardner): Russia is close to sabotaging the Iran nuclear deal

•   FT(Robin Wigglesworth): Pari Passu Saga 2.0?

•   FT(Peggy Hollinger): Ukraine war prompts investor rethink of ESG and the defence sector

•   FT(Kathrin Hille): Beijing takes ‘war lessons’ from Russia’s military tactics in Ukraine

•   FT(Dmytro Kuleba): Ukrainian foreign minister: the EU must grant us membership now

•   FT(Lex): Ukraine/EU banks: when aftershocks are worse than the earthquake

•   WSJ(Editorial Board): Biden’s U.S. Oil Embargo

•   WSJ(Editorial Board): A Nickel for Your Ukraine Thoughts

•   WSJ(Holman W. Jenkins, Jr.): Escrow Russia’s Oil Dollars Now

•   WSJ(William A. Galston): Putin’s Groupies Walk Back Their Praise

•   WSJ(Bonnie S. Glaser, Jude Blanchette): Ukraine War Should Counsel Chinese Caution on Taiwan

•   WSJ(Seth Cropsey): Russia’s Failure Is China’s Gain

•   WSJ(Joe Lieberman): The Case for a No-Fly Zone in Ukraine

•   NYT(Thomas L. Friedman): Putin Has No Good Way Out, and That Really Scares Me

•   NYT(Bret Stephens): New Rules for a New World

•   NYT(Ross Douthat): They Predicted the Ukraine War. But Did They Still Get It Wrong?

•   WP(Jennifer Rubin): Putin was wrong about everything. But so were U.S. right-wingers.

•   WP(Daria Kaleniuk): Want to help Ukraine? Close the sky.

•   Bloomberg(Mohamed A. El-Erian): Putin Gets in the Way of ‘Buy the Dip’ for Investors

•   Bloomberg(Niall Ferguson): Niall Ferguson: Ukraine Invasion Struggles Could Be the End for Putin

•   Bloomberg(John Authers): A Tale of Two Oil Shocks: Russia's Invasion of Ukraine and 1973's Yom Kippur War

•   Bloomberg(Shuli Ren): China Risks Getting Snarled in Web of Russia Sanctions

•   Bloomberg(Gary Shilling): The Fed Expects a Soft Landing. Don't Count on It.

•   Bloomberg(Bobby Ghosh): Are We Ready For This Oil Shock?

•   Bloomberg(Matt Levine): ESG Goes to War

•   Bloomberg(Darrell Duffie): Excited About a Digital Dollar? Not So Fast.

•   Bloomberg(Javier Blas): Nickel's Mad Surge Exposes the Shortcomings of the London Metal Exchange

•   Bloomberg(Robert D Blackwill, Richard Fontaine): Russia's Ukraine Invasion Should Slow Not Stop U.S. Pivot to China

•   Bloomberg(Richard Cookson): Germany Must Be Looking at the ECB in Despair

•   CNN(Mark Wolfe): Soaring gas prices are hurting Americans. It's time for more stimulus checks

•   MarketWatch(Sanjiv Das): COVID still weighs heavily on home buyers. Here’s where more Americans are choosing to live now.

•   Reuters(Andy Home): LME nickel trading halted as big short hits big trouble

•   전자신문(구회진): ESS산업 활성화 방안