Global Economic Monitor 220601

(Introduction)

[Markets]

•   Global: Global stocks fall, U.S. yields rise as oil prices reach new highs

•   Coal: China’s Tentative Reopening Gives Boost to Markets

•   Metals: Copper slips on firm dollar, recession worries

•   Grains: U.S. wheat drops as Russia considers Ukrainian grain exports

•   Cryptocurrency: 루나 2.0, 바이낸스에 상장, 시총 2조 돌파…"폭탄 돌리기"

•   DRAM: D램 가격 넉달 만에 하락… 하반기 전망도 먹구름

•   한국: 코스피, 외국인 매수세에 사흘째 상승…2,680선 마감

•   한국: "한국 증시 곧 오른다"…외국인, 두 달 만에 1조 '베팅'

[Indicators]

•   US Mar. Case–Shiller home price: Home Prices Rise More Than 20% Year-Over-Year, Biggest Surge in 35 Years

•   US May Consumer confidence: US Consumer Confidence Drops to Three-Month Low on Inflation

•   US May Dallas Fed manufacturing Index: Texas Factory Output Picked Up Pace in May, But Overall Activity Contracted -- Dallas Fed

•   Eurozone May CPI: Eurozone inflation hits record 8.1%

※   Higher than expected price rises pile pressure on ECB to speed up rate increases

•   Germany May Employment: German unemployment falls more than expected in May as pandemic curbs ease

•   UK Apr. Mortgage approvals: UK mortgage approvals slide to lowest level in two years

•   China May PMI: China Factory Activity Gradually Improves as Lockdowns Ease

※   Manufacturing PMI rises to 49.6, contracting at slower pace

•   China May Home sales: China’s Home Sales Slump Persisted in May During Lockdowns

•   Japan Apr. Industrial production: Japan's April factory output slumped amid China lockdowns

•   Japan Apr. Employment: Japan's April jobless rate falls for 3rd straight month to 2.5%

•   India Q1 GDP: Inflation Weighs on India’s Economic Growth

※   The South Asian nation reported GDP growth of 4.1% for the fourth quarter; rising food prices are restraining consumer spending

•   India Q1 House prices: House price index rises 1.8 pc in Q4 of FY22: RBI data

•   India Apr. Core industry production: Core sector output in April shows robust growth of 8.4%

•   India FY2022 Fiscal account: FY22 fiscal deficit at 6.7% Vs revised estimate of 6.9%

•   Turkey Q2 GDP: Inflation Blowout Stretches Turkish Economy in Test for Consumer

•   한국 2021년 국가채무: 국가채무 939조원…1년새 120조원 늘었다

•   한국 4월 산업활동: 4월 생산·소비·투자, 2년 2개월 만에 '트리플 감소'

•   한국 4월 금융기관 가중평균금리: 8년 만에 처음 보는 금리…가계대출 금리 4% 넘었다

•   한국 4월 제조업 생산능력지수: 제조업 성장동력 꺼지나…생산능력지수 1년8개월만에 최저

[News]

•   WSJ: Cracks Show in Western Front Against Russia’s War in Ukraine

•   WSJ: Russia Extends Control Over Key Ukraine City as U.S. Plans to Boost Kyiv’s Firepower

•   WSJ: Russia Targets Ukraine’s Rail Links for Military Gains

•   WSJ: U.S. to Send Guided Rockets to Help Ukraine in Donbas Fight

※   The advanced rocket system would double Ukraine’s strike range

•   WSJ: Two Russian Soldiers Convicted in Second Ukrainian War-Crimes Trial

•   WSJ: Insurance Is the Real Weapon in Europe’s Russian Oil Embargo

•   WSJ: President Biden, Fed Chairman Jerome Powell Meet With Inflation at Its Highest in 40 Years

※   President affirms ‘laser focus on addressing inflation’ while letting central bank do its work

•   WSJ: OPEC Weighs Suspending Russia From Oil-Production Deal

※   Western sanctions have begun to take a toll on Moscow’s petroleum output

•   WSJ: Shanghai Ready to Exit Lockdown as Covid Cases Drop

※   After two months of lockdowns, China’s financial capital attempts return to normalcy

•   WSJ: Israel Signs Free-Trade Agreement With UAE in First of Its Kind Deal with Arab State

•   WSJ: Fed Fears Hit Mortgage Bonds, Attracting Investors

•   WSJ: Stocks Were Lifted by Less-Bad News. Now We Need Actual Good News.

•   WSJ: As China’s Private Developers Retreat, State-Backed Rivals Gain Ground

•   WSJ: Investors Dip Back Into Municipal Bonds

•   WSJ: Salesforce Sales Jump 24%, Easing Concerns About Business Demand

•   WSJ: Looking for $100,000 Salary? See How Much the Biggest U.S. Companies Pay Workers

•   WSJ: Facing Inflation-Weary Shoppers, Grocers Fight Price Increases

•   WSJ: HP Lifts Earnings Outlook Despite Supply-Chain Disruptions

•   WSJ: Expatriate Executives Flee Saudi Arabia’s Bad Bosses

•   WSJ: Plot Twist! Movie Theaters Fear Popcorn Shortfall Will Be a Spoiler

•   NYT: Russian Military Is Repeating Mistakes in Eastern Ukraine, U.S. Says

•   NYT: Seizing Russian Assets to Help Ukraine Sets Off White House Debate

•   NYT: During the Omicron Wave, Death Rates Soared for Older People

•   NYT: Trump Policies Sent U.S. Tumbling in a Climate Ranking

•   NYT: Why China Is Miles Ahead in a Pacific Race for Influence

•   NYT: Putin’s Shadow Soldiers: How the Wagner Group Is Expanding in Africa

•   NYT: After a Bumper 2021, Companies Might Struggle to Increase Profits

•   NYT: Ready to Buy a House? Just Wait a Few Weeks

•   FT: Brussels ready to propose tariffs on Russian oil as fallback after embargo

※   EU leaders agree ban on country’s seaborne oil while granting temporary exemption for pipeline imports to help landlocked states

•   FT: How the EU’s embargo on Russian oil came about, eventually

•   FT: Russia’s fraying economy: consumers start to feel the pinch of sanctions

•   FT: Peak inflation (we hope)

•   FT: How China’s lockdown policies are crippling the country’s economy

•   FT: Colombia’s Rodolfo Hernández goes from also-ran to the brink of power

•   FT: African Union warns of ‘collateral impact’ as EU’s Russia sanctions hit food supplies

•   FT: The $1.4tn that energy investors risk losing

•   Bloomberg: Zombie Firms Face Slow Death in US as Era of Easy Credit Ends

•   Bloomberg: Supply-Chain Relief Sparks Feud Over Degree of Softer US Economy

•   Bloomberg: Power Links to Europe Get New Life in Push to Cut Russian Energy

•   Bloomberg: European Power Heads for Most Expensive Year as Sanctions Bite

•   Bloomberg: ECB’s Visco Insists on ‘Orderly’ Rate-Hike Pace to Avoid Stress

•   Bloomberg: ECB’s Villeroy Says ‘Gradual But Resolute’ Normalization Needed

•   Bloomberg: UK Government Weighs Paying for Coal Supply to Keep Plants

•   Bloomberg: China Cases Drop Below 100 as Specter of Covid Zero Remains

•   Bloomberg: China Plans for Years of Covid Zero Strategy With Tests on Every Corner

•   Bloomberg: China Unveils Car Tax Cut Details in Bid to Boost Spending

•   Bloomberg: China Curbs on Real Estate, Covid Have Cut Carbon Emissions

•   Bloomberg: Lula Says He Will Talk Directly to Investors on His Own Terms

•   Bloomberg: South Asia’s Most-Delayed Port May Face Snarls With Europe Route

•   Bloomberg: Thailand Plans $20 Billion Budget Deficit to Bolster Recovery

•   Bloomberg: These China Developer Bonds Are Flashing Big Warning Signals

•   Bloomberg: Consumers Squeezed Even More Between Russian Oil Ban and Chinese Reboot

•   Bloomberg: Putin Needs Help From China and India on Oil Europe Doesn’t Want

•   Bloomberg: Russian Oil Selling at 30% Discount to Global Benchmark, Data Show

•   Bloomberg: Europe’s Move Against Putin’s Oil May Be Its Last for a While

•   Bloomberg: Oil Market Strains Emerge as Europe, Asia Battle for Barrels

•   Bloomberg: Gas Wars Deepen as Russia Curbs Supplies to More European Buyers

•   Bloomberg: Gasoline Prices at Fresh Peak Spell No Relief for US Drivers

•   Bloomberg: An Early and Likely Normal Monsoon Boosts India’s Crop Outlook

•   Bloomberg: Third mRNA Shot Offers Best Covid-19 Immunity, Study Says

•   Bloomberg: China Unveils ESG Reporting Program in Bid to Catch Global Peers

•   Reuters: U.N. had 'constructive' talks in Moscow on Russian grain, fertilizer exports

•   Reuters: WHO aims to contain monkeypox outbreak by minimizing human transmission

•   Reuters: U.S. doctors reconsider Pfizer's Paxlovid for lower-risk COVID patients

•   Reuters: Summer fuel shortages looming over Europe, IEA chief tells Spiegel

•   Reuters: EXCLUSIVE Russian oil firms to reopen wells in June banking on demand rally, sources say

•   Reuters: Analysis: Treasury market faces liquidity risks as Fed pares balance sheet

•   CNN: Treasury secretary concedes she was wrong on 'path that inflation would take'

•   CNBC: India sees a second chance to pivot to the Indo-Pacific in new group that excludes China

•   CNBC: These charts show how Russia’s invasion of Ukraine has changed global oil flows

•   CNBC: Apple’s new iPhone and iPad software will reportedly add lots of big changes

•   MarketWatch: The Fed’s quantitative tightening is about to arrive: What that might mean for markets and your portfolio

•   Fox Business: Larry Kudlow: Biden knows the economy is moving toward recession

•   SCMP: US’s China strategy a path to confrontation, Beijing warns

•   SCMP: Explainer | As Shanghai reopens, what Day 1 without stringent Covid-19 prevention measures will look like

•   SCMP: China foreign business sentiment reaches ‘tipping point’ as zero-Covid dents confidence, erodes attraction

•   SCMP: China economy: Beijing unveils detailed stimulus plan to offset coronavirus damage

•   SCMP: China energises ‘scientific’ coronavirus policies, with new home-grown vaccine back on the agenda

•   Caixin: China Lays Out Fiscal Tools to Reach Carbon Neutrality by 2060

•   Nikkei Asia: Taiwan targets Japan's auto industry after electronics, chip deals

•   Nikkei Asia: Japan braces for further consumer price hikes starting June 1

•   Nikkei Asia: All for one: U.S. enlists its Asian allies in defense of Taiwan

•   Mainichi: Japan enacts $21 bil. extra budget to tackle surging prices

•   Economic Times: Economic momentum is intact; numbers better than estimated, says CEA on GDP data

•   Economic Times: Recent govt steps to cut inflation by 0.35-0.4%, says SBI report

•   매경(P1): 인플레가 집어삼킨 내 돈…실질금리 추락에 쓸 돈 사라진다

•   매경: 2년전 월 115만원씩 여윳돈 남긴 직장인…이제 87만원도 벅차다

•   매경: 예금금리 속속 올리는 은행들

•   매경: "금투자로 위험 분산하고, 고정금리 대출 갈아타라"

•   매경: "금리 얼마면 고정금리로 갈아탈거니?"... 변동금리 대출자들의 대답은

•   매경: 식품업계 "원가 뛰는데 가격 올리지 말라는 꼴"

•   매경: 1주택 보유세 완화 땐 稅부담 1조5천억 덜어

•   매경: 퀄컴도 ARM에 눈독…하이닉스와 협력하나

•   매경: 생산라인 그대로…불붙은 '디지털 트윈' 전쟁

•   매경: 파격이라던 카카오 재택근무…하루만에 뒤집힌 이유는

•   매경: D램값 약세에도 반도체株 나쁘지 않네

•   매경: M&A 새 바람…PE가 키워 창업주에 되판다

•   매경: 작년 코스피 오를때 배당금은 되레 줄어

•   매경: 코로나에 몇 시간씩 줄서던 그 곳...선별검사소 문 닫는다

•   매경: 원숭이두창 '관심' 경보 발령…법정감염병 지정도 추진

•   매경: 탄소중립 첫 단추는 재생·원자력…다음은 국민과의 소통 [Big Picture]

•   매경: LG화학, 中 B&M과 양극재 합작법인

•   한경(P1): [단독] 사우디 'K원전 러브콜'…12조 수출 잭팟 터지나

•   한경(P1): [단독] 제네시스 '비스포크' 나온다

•   한경(P1): '개인 취향' 읽은 스타트업에 돈 몰렸다

•   한경: 441조 주무르는 자치단체장에 '우리동네 경제' 달렸다

•   한경: '한전債 불똥'에 공사채 금리 치솟자…공기업들 "해외서 자금조달"

•   한경: 부산엑스포 민간委 출범…윤석열 대통령 "특사 파견도 검토"

•   한경: 추경호 "물가 강제로 내리면 부작용 더 커"

•   한경: '한국형 도심항공' 사업에 4개팀 출사표

•   한경: "700억 클라우드 사업 잡아라"…KT·네이버 경쟁 불 붙었다

•   한경: 금리 불확실성에…'회사채 단기물'만 인기

•   한경: 쾅쾅 터지는 코인·주식 '폭탄'…개인회생 신청 급증

•   한경: [단독] "이러다 '전세' 사라질라"…일본 정부는 연구 나섰다

•   한경: [단독] 카카오, 이번엔 '탁송 콜' 대리시장 뛰어든다

•   서경(P1): 구인대란·고임금에… '서빙 로봇' 전성시대

•   서경: 국내 서빙로봇 시장 年 50%씩 커지는데…중국산이 90% 장악

•   서경: 직원 부족한데 손님 몰려…"하루 일하고 도망가는 사람도 많아요"

•   서경: 정부 "자영업 부채·2금융권 리스크 증가…건전성 관리해야"

•   서경: [단독] 수은, 호주 가스전 4000억 지원…'尹 해외자원개발' 첫 발

•   서경: "삼성전자 M&A 작업 진행 중 LG OLED 협업도 열려있어"

•   서경: 오프라인 강자 코스트코도 새벽배송 '맛보기'

•   서경: "주주환원 확대 거뜬…현금창출력 높은 기업 주목"

•   조선: “20년 낸 국민연금 100만원… 기초연금은 공짜로 64만원”

•   조선: “인플레 충격 크겠지만… 스태그플레이션은 없을듯”

•   조선: 상하이 봉쇄 두달… 日, 중국산 부품 없어서 에어컨 대란

•   조선: 분양가 밀어올리는 자재값… 로또청약 줄어든다

•   조선비즈: 주가 너무 내렸나?…韓·美 상장사, 자사주 지난해보다 2배 넘게 샀다

•   조선비즈: 로봇이 튀기는 치킨집 가보니… “두 시간에 100마리도 거뜬”

•   조선비즈: [단독] ‘저공해차’에서 LPG 제외하려던 정부, 유지로 선회

•   인베스트조선: 두산에너빌리티, 두산메카텍 매각 우선협상자에 범한산업 컨소 선정

•   중앙: 한·일 앙금 푸나 했더니…일본 또 독도 트집 왜?

•   동아: [인사이드＆인사이트]업주 부담 외면한 ‘일회용컵 보증금제’, 12월 시행도 불투명

•   문화: “밀린 월세·재료값…보전금 다 써도 부족”

•   한국: 휘발윳값 10년 만에 2010원대 돌파…정부는 안간힘 쓰지만 "더 오른다"

•   한국: 공기업 실적으로 국고 손실 메우나...공공기관 배당금 1조 증가

•   한국: 재생에너지 대신 LNG? 한국 RE100 기업들을 둘러싼 의심의 눈초리

•   국민(P1): 하루 차이로 받고 못받고… 손실보전금 지급기준 논란

•   국민: 전세대란 vs 하향 안정화… 엇갈리는 전세 시장 전망

•   서울(P1): [단독] 7월부터 국제선 항공편 규제 완전히 풀린다

•   한겨레(P1): ‘원전 경쟁’ 붉은 펼침막…울진 민심 “불안? 먹고살자면 별수 있나”

•   한겨레: “호가 문의 전화도 드물어”…5월 서울 아파트 매매 ‘역대 최저’

•   경향: [단독]서울시, '공사중단' 둔촌주공 '강제개입' 중재안 내놨다

•   헤럴드경제: 한달 원리금만 300만원…영끌족 “집 못팔고 이사도 못갈판” [금리 급등, 주택시장은 지금]

•   헤럴드경제: 집주인 부담 떠넘길라…세입자도 속앓이 [금리 급등, 주택시장은 지금]

•   헤럴드경제: 양도세 중과 유예 매물 쌓이는데…커지는 이자 부담에 매수자는 주춤 [금리 급등, 주택시장은 지금]

•   헤럴드경제: 혼류생산·신규공장…글로벌 생산기지 ‘무한진화’

•   파이낸셜뉴스: 삼성 맹추격에…소니, 이미지센서 1위 굳히기 나서

•   파이낸셜뉴스: 꼰대문화 바꾼다… 전담조직 두고 MZ와 소통 늘리는 기업들

•   파이낸셜뉴스: '똘똘한 한채'에 몰린다… 강남 대형아파트 평균 30억 육박

•   아시아경제(P1): [단독]정부, 하반기 HLBC 재가동 추진…한미 ‘원전동맹’ 시동

•   아시아경제: 빛 잃은 반도체 꿈...투자 기회 빼앗긴 중국[新 경제안보 지형도]

•   연합: 오후 9시까지 전국 1만5천222명 확진…어제보다 1천405명 적어

•   연합: 1인 가구 소비 지출 중 주거 관련 비중 최고…20% 넘어

•   연합: 주가하락에 주식부호 상위 30명 평가액 연초보다 22조원 줄어

•   연합: 美 "北 핵실험 준비 중…신규 대북 제재안 재추진할 것"

•   전자신문(P1): 반도체 업계 만난 부총리 "투자 인센티브·세제지원 확대"

[Opinions]

•   Project Syndicate(Michael Spence): The Global Economy in Transition

•   Project Syndicate(Simon Johnson): Europe Can Stop Russia’s Aggression Now

•   Project Syndicate(Jason Furman): Will US Consumers Keep Spending?

•   Project Syndicate(Joseph E. Stiglitz): Getting Deglobalization Right

•   Project Syndicate(Harold James): What If Ukraine Is a Forever Crisis?

•   Project Syndicate(Mauricio Cárdenas): Colombia’s Battle of Populisms

•   FT(Editorial Board): An opportunity for China to improve ties with foreign investors

•   FT(Janan Ganesh): The hour of Europe has still not arrived

•   FT(Sarah O'Connor): Splintered UK labour market makes a wage-price spiral unlikely

•   FT(Adam Iqbal): Deglobalisation is boosting foreign exchange volatility

•   FT(Lucy Warwick-Ching): Should I move my money into cash to avoid stock market volatility?

•   FT(Eswar Prasad): DeFi’s promise of democratising finance remains a distant reality

•   FT(Tim Bradshaw): Can augmented reality take off where VR has failed?

•   NYT(Thomas L. Friedman): I Thought Putin Invaded Only Ukraine. I Was Wrong.

•   NYT(Christopher Caldwell): The War in Ukraine May Be Impossible to Stop. And the U.S. Deserves Much of the Blame.

•   NYT(David Wallace-Wells): How Putin Has Played His Energy Cards

•   WP(David Von Drehle): Think the West can coax an end to the war in Ukraine? You’re wrong.

•   WP(Marc A. Thiessen): Gas prices are through the roof. That’s just how Biden wants it.

•   WP(Heather Long): The have/have not economy is back in the U.S.

•   Bloomberg(John Authers): Markets' Risk-On Rally Rests on Some Risky Foundations

•   Bloomberg(Therese Raphael, Sam Fazeli): Mixing AstraZeneca and Pfizer Vaccine Doses Means Better Omicron Immunity

•   Bloomberg(Clara Ferreira Marques, David Fickling): Europe’s Partial Russian Oil Ban Is Flawed, But Necessary

•   Bloomberg(Matt Levine): Russia Has Some Dollars Somewhere

•   Bloomberg(Jessica Karl): Should I Buy a Home in the Cooling Housing Market of 2022?

•   Bloomberg(Allison Schrager): The Virtue Bubble Is About to Burst. Good Riddance.

•   Fox News(Rebecca Grant): Team Biden's approach to China is so soft it's sinister

Global Economic Monitor 220531

(Introduction)

[Markets]

•   Global: World stocks turn positive in May on Fed bets

※   Oil prices hit their highest in over two months

•   Metals: Low inventories fuel zinc's climb to three-week high

•   Lumber: Lumber Prices Slump With Rising Interest Rates

•   Cryptocurrency: Bitcoin Rallies Above $30,000 as China Eases Covid Curbs

•   한국: 美 물가 '정점 통과' 기대…주가·원화·채권 '트리플 강세'

[Indicators]

•   Eurozone May Economic sentiment: Euro zone sentiment barely changed in May, inflation expectations ease

•   Germany May CPI: German inflation hits an all-time high

•   Japan Apr. Car production: Japan carmakers output falls 21% in April, hit by China lockdowns

•   한국 4월 국세수입: 4월까지 세수 168조, 작년보다 34.5조 늘었다

•   한국 4월 사업체 노동력: 물가에 월급봉투도 얇아졌다…대기업 80만원 오를 때 中企 9만원 올라

•   한국 4월 유통업체 매출: 4월 유통업체 매출 10.6% 증가... 온·오프라인 동반 성장

•   한국 4월 주택통계: 월세, 전세 추월했다…4월 임대차 거래 중 50.4%가 '월세'

[News]

•   WSJ: Russian Forces Push Into Pivotal City in Eastern Ukraine

•   WSJ: Bombed Bridges, Closed Ports Keep Ukrainian Grain From a World That Needs It

•   WSJ: China and the U.S. Are Arranging an In-Person Meeting Between Heads of Defense

•   WSJ: Fed Official Supports Raising Interest Rates at Fast Clip ‘for Several Meetings’

※   Governor Christopher Waller says he doesn’t favor stepping back from half-percentage-point rate rises until clear evidence of inflation slowdown

•   WSJ: Biden to Meet With Fed’s Powell to Discuss Economy

•   WSJ: Summer Worker Shortage Means Things Will Be Closed. Again.

•   WSJ: Europe’s Bid to Kick Russian Natural Gas Faces Opposition

•   WSJ: China’s Slowdown Poses Credibility Test for Economic Data

•   WSJ: China Sees Action on Deal With Pacific Island Nations Deferred

※   Fiji summit ends without comprehensive accord amid concerns that proposal could give Beijing too much regional sway

•   WSJ: While Electric Vehicles Proliferate, Charging Stations Lag Behind

•   WSJ: Companies Start to Lean More on Cost Savings Amid Persistent Inflation

•   WSJ: Companies Rush to Cash In on EPA Rules for Capturing Methane Emissions

•   WSJ: Shipping Companies Added Capacity, but Now Containers Are Stuck in Port

•   WSJ: How to Design a Product That Is Easy to Repair

•   NYT: An embargo would bruise Russia’s oil industry, but for now it is doing fine.

•   NYT: As Ukraine Fights, Does the E.U. Owe It Membership?

•   NYT: U.S. Retakes Top Spot in Supercomputer Race

•   FT: EU leaders agree plan for partial Russian oil ban

※   Agreement to include temporary exemption for supplies via pipeline to bring Hungary on board

•   FT: Biden rules out sending weapons to Ukraine that can strike inside Russia

•   FT: Putting an end to Merkantilism

•   FT: Quarter-point rate rises will be ECB’s ‘benchmark’, says chief economist

※   Philip Lane rebuffs hawkish calls for swifter normalisation of monetary policy as German inflation hits record 8.7%

•   FT: EDF rules out extension of nuclear plant to secure UK winter supplies

•   FT: Vietnam easier to reach after return to pre-Covid travel rules

•   FT: The Bank of Viktor Orbán

•   FT: Why Africa’s first Covid vaccine factory struggles to find customers

•   FT: Qualcomm eager to invest in Arm alongside rivals in upcoming IPO

•   FT: SoftBank cuts top executives’ pay after Vision Fund posts record loss

•   Bloomberg: Russia Readies New Bond-Payment Plan in Bid to Avoid Default

•   Bloomberg: EU summit will not decide on gas price cap - EU Commissioner

•   Bloomberg: UK’s Jubilee Bank Holiday May Nudge Economy Into a Contraction

•   Bloomberg: Five Key Threats for Boris Johnson With Tory Rebels on Maneuvers

•   Bloomberg: Shanghai Takes Biggest Steps Toward Reopening in Two Months

•   Bloomberg: China’s Covid Outbreak Wanes as Curbs Eased to Boost Economy

•   Bloomberg: India’s Economy Likely Lost Speed on Virus Curbs Before War

•   Bloomberg: India Inflation Fight, Monsoon May Take Pressure Off RBI, Former Deputy Governor Says

•   Bloomberg: Modi Government’s Popularity at Highest Since Start of Pandemic

•   Bloomberg: China’s Reopening Plans Spark Rally in Consumer Stocks, Yuan

•   Bloomberg: China in Danger of Exporting Fresh Inflation Turmoil: MLIV Pulse

•   Bloomberg: China Goes All Out to Harvest Wheat to Blunt Inflation Threat

•   Bloomberg: Iran’s Seizure of Greek Tankers Adds Risk on Key Oil Route

•   Bloomberg: This Is the Space Station China is Building to Challenge the US

•   Bloomberg: Inventory Levels Seen Ballooning as Companies Turn Cautious

•   Bloomberg: Deep Under the Ocean, a Fresh Source of Green Power Takes Shape

•   Bloomberg: China Is on Track to Double Its Solar Panels From Last Year’s Record

•   Bloomberg: Small Nuclear Reactors Won’t Avoid the Problem of Radioactive Waste

•   Reuters: Unlikely monkeypox outbreak will lead to pandemic, WHO says

•   Reuters: Europe's dash for gas puts Australia's LNG import plans at risk

•   Reuters: Japan Q2, full-year growth to be weaker than previously estimated- Reuters Poll

•   Reuters: Japan govt drops timeframe for budget balancing target

•   Reuters: India aims to cut power output from at least 81 coal-fired plants over 4 years

•   Reuters: How a cheap component could help kill off combustion cars

•   Reuters: Analysis: Russians feel little economic pain now, long-term outlook darkens

•   Reuters: Analysis: Turkey's recurring currency nightmare strikes again

•   Reuters: Analysis: Safe as houses? Rising rates test foundations of property boom

•   Reuters: Analysis: How the Ukraine conflict is reshaping global oil markets

•   CNBC: Global recession? Not yet, economists say — but brace for high prices, low growth

•   SCMP: Coronavirus: Shanghai’s symptomatic cases fall to single digit as city resumes public transport and prepares to ease citywide lockdown

•   SCMP: Exclusive | China a ‘very important customer’, says Saudi Arabia, as global oil supply worries grow

•   SCMP: China urged to deepen Asean ties as US becomes India’s biggest trading partner

•   SCMP: China’s coronavirus lockdowns and slowing economy pushing job-hungry graduates overseas as poor students get left behind

•   SCMP: Elon Musk gives ringing endorsement to China’s global lead in renewable energy and electric vehicles on Twitter and Weibo

•   SCMP: Cash crisis amid China’s stalling economy: rural banks freeze accounts, regulators playing ‘pass the parcel’

•   Caixin: Exclusive: Qualcomm Plans to Be in China for the Long Haul

•   Nikkei Asia: Japan consumers wait months for washing machines, air conditioners

•   Economic Times: Shopping, eating out surge after two washout years

•   Economic Times: Cheaper rice, atta bring relief amid inflation

•   Economic Times: Ahead of the Q4 GDP numbers, here's what the economists are saying

•   매경(P1): 관세 확 내려 밥상물가 잡는다…정부, 민생안정 10대 대책

※   기재부: 추경호 부총리, 제1차 경제관계장관회의 개최

•   매경: 관세카드 꺼낸 정부…돼지고기 20%, 커피원두 9% 싸진다

•   매경: 그랜저 한 대 사면 세금 91만원 덜낸다…車개소세 30% 감면 연장

•   매경: 1주택자 세부담 2년전 수준으로…마래푸 종부세, 113만원 감소

•   매경: 尹 "기업 1000조 투자, 규제 풀어 화답해야"

•   매경(P1): [단독] 재생에너지 다 쥐어짜도 상위 5社 전력 감당못해

•   매경: 수출기업 RE100 필수됐는데…재생에너지 못구할라 '전전긍긍'

•   매경: RE100 순항중인 해외기업…"넘치는 재생에너지 인프라 덕분"

•   매경(P1): 코스닥 간 코넥스기업 공모가 밑으로

•   매경: 올 신규상장 단 1곳…거래대금 코스닥 0.04%

•   매경: "특수관계인 범위 줄이자"…국힘, 尹 발맞춰 기업규제 손본다

•   매경: 반도체 인력 긴급수혈…석·박사 정원 2배로

•   매경: 역대 최대 수출 전망에도…무역적자 26년來 최악 위기

※   산업연구원: 2022년 하반기 경제산업전망

•   매경: 韓日재계 "탄소중립·고령화 해법 함께 찾자"

•   매경: 3년만에 부활한 LG그룹 상반기 전략보고회

•   매경: 카카오 주4일 재택 '메타버스 근무제'…7월부터 도입하기로

•   매경: 올 가을이 무섭다…코로나 재유행에 독감까지 덮칠판

•   매경: "7000억 사업비를 메꿔야한다고?"…잠 못드는 둔촌주공 조합원들

•   매경: 수억대 작품 줄줄이 유찰…미술시장 '찬바람'

•   한경(P1): 적자 또 적자…車부품업계 '고사 직전'

•   한경: 전기차 부품 생산 가능한 기업은 2.3%뿐

•   한경: 현대차 美 조지아 신공장이 돌파구 될까

•   한경: "폐업 속출하고 있다…23만명 일자리 사라질 판" 비명

•   한경(P1): 이재용, 인텔 CEO와 '회동'…반도체 1·2위 수장 만났다

•   한경: 5G 통신 '6만원대 요금제' 3분기 출시

•   한경: '원전 경제성 조작' 정재훈 한수원 사장 결국 교체된다

•   한경: '스타트업 생태계' 키우는 현대차그룹

•   한경: 'A등급' 대기업, P-CBO 발행 러시

•   한경: "재건축 완화 늦을 것"…리모델링 72% 늘었다

•   한경TV: [단독] 13년 만의 '조 단위' 원전 수출, 무산 위기…러시아 변수

•   서경(P1): [시그널] 신산업서 소부장으로…VC 자금 10조 '대이동'

•   서경: 기술력·실적 쌓은 전통산업에 뭉칫돈…상장후 주가 88% 급등도

•   서경: IPO 침체에…쏘카·컬리 등 줄줄이 상장 연기

•   서경: "칩머니 의존한 10년…'스타트업 붐' 끝났다"

•   서경: [단독] 재정 지킬 '30년 전략' 연내 나온다…재정준칙·연금개혁안 담아

•   서경: 6월부터 화물차·택시·버스 경유보조금 ℓ당 50원 늘어난다

•   서경: 전세 4억 빌리면 이자 120만원…"차라리 월세 살래요"

•   서경: 노도강 영끌족 "내가 막차?"…다주택자 매물 쏟아진다

•   서경: [단독] 일진머티리얼즈 내달 초 매각 본격화…해외서도 관심

•   조선: 오미크론이 휩쓴 1~4월, 건강보험 1조7000억 적자

•   조선: 임금피크제 무효 판결에... 노조들, 추가 소송·교섭 준비

•   조선: “여름 코로나 재유행해도 규모 크지 않을 것”

•   조선: [단독] 새만금 태양광 부지, 오염 침출수 위험 방치

•   조선: “1년내 금융 충격 온다”예상 전문가, 6개월새 2배로 늘었다... 왜

•   조선비즈: 전문가 80% “물가 상승이 금융시장 최대 리스크”

※   한국은행: 2022년 상반기 시스템 리스크 서베이 결과

•   조선비즈: “서울 아파트도 절반이 미계약”… 민간임대시장 ‘찬바람’

•   조선비즈: 밀가루·버터·설탕 가격 자고나면 ‘껑충’… 동네빵집 “빵값 안 올리면 못 버텨”

•   조선비즈: “친환경 모빌리티 시대, 석유 대안은 바이오에탄올…탄소 저감 효과 탁월”

•   조선비즈: [단독] 기재부, 한국은행 일시 차입금 5兆 조달…‘손실 보전’ 재원 확보 차원

•   조선비즈: 동대문 옷 가게 사장님들도 ‘주 5일제’ 챙긴다… “이직률 줄고 매출도 지켜”

•   조선비즈: 태양광, 드디어 볕드나… 판매가격·수요 모두 상승

•   조선비즈: 통신 3사 5G 기지국 숙제 검사만 반년 걸릴 전망… 인력·시간 없어 난감한 정부

•   조선비즈: 지난해 韓 선원 월급 평균 497만원… 고령화 현상은 ‘심각’

•   조선비즈: 삼성, MX사업부 내부 점검…외부 리스크 선제 대응

•   인베스트조선: 길어지는 현대차 美 배터리 파트너십 협상…SK·LG 2파전 지속

•   동아(P1): 모임-데이트 통장, 모바일 앱으로… Z세대, 금융거래도 게임하듯 ‘톡톡’

•   동아: “원숭이두창, 국내 유입돼도 치명률 1% 미만”

•   문화: 갤럭시 언팩 8월 美 뉴욕… 4세대 Z플립·Z폴드 공개

•   문화: 한수원, 이집트 원전 최종계약 체결 임박

•   국민(P1): 김포공항 ‘이전’ 논란… 선거 막판 대형 변수로

•   국민: 스스로 주차하고 물건 쌓고… 산업에 스며든 완전자율 모빌리티

•   서울(P1): 신재생 발전 7.5%… 설비용량은 원전 첫 추월

•   한겨레: 수소법 개정안 통과에 어깨춤 추는 수소 기업들…그린 수소는 ‘아직’

•   경향(P1): ‘서민 대책’이라는데 ‘부자 감세’로 읽힌다

•   머니투데이(P1): [르포]"방사능이 시내보다 적어요"...꽃밭속 체코 원전 가보니

•   머니투데이: 5월에 벌써 작년수주 추월, SK는 어떻게 연료전지 강자가 됐나

•   디지털타임스(P1): 원희룡 "자잿값 상승분 공사비에 반영 추진"

•   디지털타임스: 추경 관리대상 사업 80% 한달내 집행

•   이데일리: 연금개혁 미루면 미래세대에 '폭탄'…"일본·스웨덴서 길 찾는다"

•   이데일리: 미국 호주에 있지만 한국에 없는 연금 백만장자…기대난망일까

•   이데일리: 퇴직연금 디폴트옵션 7월 도입…“연말 기업 규약 반영해야”

•   이데일리: "관심 가지면 노후 든든"…퇴직연금 스스로 운용하려면

•   연합: 오후 9시까지 전국 1만6627명 확진…어제의 2.8배로 늘어

•   연합: 월세, 전세 추월했다…4월 임대차 거래 중 50.4%가 '월세'

•   연합: 내일부터 구글 인앱결제 강제 현실화…쿠키·캐시 가격 줄인상

•   연합: IEA "韓 전기차 인프라 세계 최고…충전기 1대당 전기차 2.6대"

•   전자신문: 원전 예타 이번 주 최종 결론…SMR·원전 해체 R&D 예산 '촉각'

•   전자신문: 산업부, 업계와 함께 국내 최초 '메타패션' 출시한다

•   전자신문: 네이버·카카오, '가상인간' 활용 보폭 넓힌다...기술 경쟁 치열

[Opinions]

•   Project Syndicate(Hans-Werner Sinn): How Global Food Crises Work

•   Project Syndicate(Jean Pisani-Ferry): The Eurozone’s Unusual Policy Playbook

•   Project Syndicate(Mark Leonard): The Decline and Fall of Davos Man

•   Project Syndicate(Kaushik Basu): Global Shortages Demand Global Solutions

•   Project Syndicate(Nikki Reisch, Lili Fuhr): Dismantling the Fossil-Fuel Economy at Stockholm+50

•   FT(Gideon Rachman): The west must hold its nerve on Ukraine

•   FT(Mohamed El-Erian): Private equity cannot avoid the reckoning in markets

•   WSJ(Joseph R. Biden Jr.): My Plan for Fighting Inflation

※   I won’t meddle with the Fed, but I will tackle high prices while guiding the economy’s transition to stable and steady growth.

•   WSJ(Editorial Board): Biden’s Ukraine Ambivalence

•   WSJ(Editorial Board): Colombia Tilts Toward Trouble

•   WSJ(Editorial Board): Germany’s New Defense Deal

•   WSJ(Walter Russell Mead): Blinken’s Indo-Pacific Blueprint

•   WSJ(Elisabeth Braw): Poaching Putin’s Tech Workers as an Alternative to Sanctions

•   NYT(Zachary Karabell): Russia or China? The U.S. Has a Choice to Make.

•   NYT(Greg Bensinger): How Illinois Is Winning in the Fight Against Big Tech

•   WP(Editorial Board): It’s time for Biden to lift Trump’s China tariffs

•   Bloomberg(Lionel Laurent): When Crypto's Tulipmania Meets The Real Economy

•   Bloomberg(Mark Gilbert): Crypto Needs to Be Separated from the Real Economy

•   Reuters(John Kemp): Recession risk keeps funds cautious on oil despite sanctions

•   Nikkei Asia(Liam Gibson): Sanction semiconductors to deter China's Taiwan ambitions