Global Economic Monitor 220520

(Introduction)

[Markets]

•   Global: World stocks slide as growth fears persist, safe-havens gain

※   Global shares slide as Wall St rally fizzles

※   Bonds rally on safety appeal, dollar backs away from highs

•   Hong Kong: Tencent Leads China Tech Selloff as Earnings Worries Mount

•   Metals: Copper bounces on hopes of China lifting COVID controls

•   Grains: Soybeans jump on export demand, wheat falls on profit-taking

•   한국: 인플레 우려 고조에 코스피 1%대 하락…3일만에 2,600선 내줘

[Indicators]

•   US Apr. Existing home sales: U.S. Home Sales Cool Amid Higher Rates, Record Prices

•   US May Philadelphia Fed manufacturing Index: Mid-Atlantic factory activity at 2-year low, Philadelphia Fed says

•   US Weekly Jobless claims: Number of People Receiving Jobless Benefits Reached 52-Year Low in Early May

•   Japan Mar. Machinery orders: Japan Core Machinery Orders Up 7.1 Pct in March

•   Japan Apr. Balance of trade: Japan's April imports hit record high on rising energy costs

※   Nikkei Asia: As China's economy slows, Japanese exports take a hit

•   Philippines Benchmark rate: Philippines Hikes Rate While Signaling Gradual Normalization

•   Egypt Benchmark rate: Egypt Surprises With Jumbo Rate Hike to Tackle Inflation

•   한국 1분기 가계동향: 고물가에 지갑 닫는 한국인들

※   매경: "왠지 불안하네"…소득 늘어도 돈 안쓰는 한국인

•   한국 3월 재정수지: 어깨 짓눌린 정부·가계…수입 늘었지만 지출 부담 더 커졌다

•   한국 4월 PPI: 4월 생산자물가 1.1% 올라…돼지고기 28%·식용유 12%↑

•   한국 4월 국고채 금리: 4月 국고채 금리 8년 만에 3%대

•   한국 주간 아파트 가격(부동산원): 서울 아파트값 2주 연속 보합, 초고가 단지만 강세

•   한국 주간 아파트 수급동향(부동산원): '똘똘한 한 채' 찾는다…서울 아파트 매매수급지수 강남만 상승

[News]

•   WSJ: Can Ukraine Win? Five Scenarios for the War’s Next Phase

※   Russia’s shift to a scaled-down offensive in the east and southeast looks increasingly difficult for Putin to pull off

•   WSJ: In a Ukrainian Town, a Collaborator Who Worked With the Russians Now Faces Justice

•   WSJ: Russian Soldier Recounts Shooting Civilian in Ukraine War-Crimes Trial

•   WSJ: Russia Rejects Pleas to Permit Grain Shipments From Ukraine

•   WSJ: Senate Passes $40 Billion Aid Package for Ukraine

※   Bill providing military and economic assistance now goes to President Biden’s desk

•   WSJ: Biden Commits U.S. Support to Finland, Sweden Joining NATO

※   Leaders of the two Nordic countries came to the White House as Erdogan reiterated Turkey’s opposition to granting them entry to the alliance

•   WSJ: Fed Nominee Michael Barr Supports Rewriting Lending Rules, Cautious on Capital Requirements

•   WSJ: Some Fed Officials Face Heat for Wading Into Hot-Button Issues

•   WSJ: CDC Advisers Recommend Covid-19 Boosters for 5- to 11-Year-Olds

•   WSJ: More Subprime Borrowers Are Missing Loan Payments

•   WSJ: Mortgage Lenders Are Playing Defense

•   WSJ: China Insists Party Elites Shed Overseas Assets, Eyeing Western Sanctions on Russia

•   WSJ: Europe’s Natural-Gas Buyers Defuse Standoff With Kremlin Over Ruble Payments

•   WSJ: What Is a Bear Market? As the S&P 500 Skids, How Bad Could It Get?

•   WSJ: Stock Market Is Top-Heavy, but Carnage Is Widespread

•   WSJ: Gas Prices Hit New Highs Again With All 50 States Above $4 a Gallon

•   WSJ: Tesla Autopilot’s Role in Deadly Vehicle Crash Is Probed by Safety Regulators

•   WSJ: GOP-Led Legislation Would Force Breakup of Google’s Ad Business

•   WSJ: Canada to Ban 5G Equipment From China’s Huawei, ZTE

•   WSJ: TSMC Looks to Build Multibillion-Dollar Chip Plant in Singapore

•   WSJ: In This Economy, Getting Fired Takes Hard Work

•   NYT: In Russia, as Prices Soar, the Outlook for Its Economy Grows ‘Especially Gloomy’

•   NYT: A Russian official tours occupied southern Ukraine.

•   NYT: U.S. Aims to Cripple Russian Oil Industry, Officials Say

•   NYT: Big Questions Remain About White House Plan to Speed Formula to Shelves

•   NYT: ‘I Had to Go Back’: Over 55, and Not Retired After All

•   NYT: Hooked on Cheap Oil, Hungary Resists an Embargo on Russia

•   NYT: Navalny’s anti-corruption group urges Congress to place sanctions on 6,000 of Putin’s midlevel cronies.

•   NYT: Ukrainian oligarch seeks to distance himself from Russia by mulling sale of superyacht.

•   WP: U.S. may be barreling toward recession in next year, more experts say

※   ‘Recession risks are high — uncomfortably high — and rising,’ a leading economist say

•   WP: Biden, after months focused on Ukraine, makes first trip to Asia

•   WP: Pro-war Russians are increasingly critical of the Ukraine conflict

•   WP: The midterms are here. Critics say Facebook is already behind.

•   FT: Sri Lanka becomes first Asia-Pacific country in decades to default on foreign debt

※   Economic crisis deepens as nation misses interest payments on two international sovereign bonds

•   FT: Brussels to help EU countries end reliance on Russian nuclear fuel

•   FT: How to pay for Russian gas without breaching sanctions

•   FT: Reliance on Russian energy helps drive Europe’s uneven inflation surge

•   FT: ECB orders banks to beef up ‘empty shell’ operations set up after Brexit

•   FT: Pressure mounts on Sunak to cut taxes as living costs soar

•   FT: Northern Ireland’s DUP stakes its future on Brexit battle with London

•   FT: US companies boost capital spending to tackle supply bottlenecks

•   FT: China’s chaotic regulatory crackdown reflects splits among policymakers

•   FT: How the Colombia election could change Latin America

•   FT: Crackdown on buyout deals coming, warns top US antitrust enforcer

•   FT: Smartphone makers cut back and Son changes tack

•   FT: Defiant Chinese netizens skirt lockdown censorship using blockchain

•   Bloomberg: Sanctions Slow Burn Gives Putin More Time to Be Defiant, for Now

•   Bloomberg: Stagflation Danger Stalks Global Economy Beset by War Fallout

•   Bloomberg: Age of Scarcity Begins With $1.6 Trillion Hit to World Economy

•   Bloomberg: Fed to Plow Ahead on Half-Point Hikes, Undeterred by Stock Slump

•   Bloomberg: Yellen Rejects Idea of Fed Raising 2% Inflation Target

•   Bloomberg: Fed’s George Says ‘Rough’ Market Won’t Alter Fed Tightening Plan

•   Bloomberg: Biden Has Little to Entice Kim Jong Un to Stop Weapons Tests

•   Bloomberg: US Picks Negotiators for Biden’s Indo-Pacific Economic Framework

•   Bloomberg: Democrats’ ‘Greedflation’ Claims Run Up Against Scant Evidence

•   Bloomberg: EU Countries, Lawmakers Reach Deal to Fill Gas Storage to 80%

•   Bloomberg: ECB Says 21% of Trading Desks in Brexit Bank Review Face Action

•   Bloomberg: EDF’s UK Nuclear Project Cost Swells, Pushing Start Further Back

•   Bloomberg: Top UK Economist Defends BOE’s Handling of Inflation Crisis

•   Bloomberg: China Warns US a ‘Dangerous Situation’ Forming Over Taiwan

•   Bloomberg: China’s Stimulus Tops $5 Trillion as Covid Zero Batters Economy

•   Bloomberg: China Covid Cases Trending Down But Lockdown Threat Remains

•   Bloomberg: Economists Cut China Growth Forecasts as Lockdowns Hit Economy

※   StanChart downgrades 2022 GDP growth to 4.1% after poor data

※   Growth could fall to just 2% for the year: Bloomberg Economics

•   Bloomberg: Chinese Banks May Lower Lending Rates, Giving Relief to Economy

•   Bloomberg: Indonesia Lifts Palm Oil Export Ban in Relief to Global Market

※   Shipments were halted since April 28 to ensure domestic supply

•   Bloomberg: Spiraling Inflation Might Come for Japan. Here's What It Means for Your Sushi and Beer.

•   Bloomberg: Mr. Yen Says Currency May Weaken to 150 Level Last Seen in 1990

•   Bloomberg: Worst of Treasuries Rout Is Over For Now, JPMorgan Asset Says

•   Bloomberg: China in Talks With Russia to Buy Oil for Strategic Reserves

•   Bloomberg: Evergrande’s Hong Kong Buyers Panic as It Halts Risky Lending

•   Bloomberg: Applied Materials Gives Weak Forecast as Shortages Drag On

•   Bloomberg: Hybrid Working as Important as Financial Benefits, Research Suggests

•   Bloomberg Businessweek: Inflation Comes in Many Flavors

•   Bloomberg Businessweek: Luna, Terra Collapse Reveal Crypto Price Volatility

•   Bloomberg Businessweek: Stagflation Shock to UK Likely to be Among World’s Worst

•   Reuters: G7 pledges billions for Ukraine 'to get through this'

•   Reuters: G7 countries urge swift regulation of crypto assets - draft

•   Reuters: U.S. energy secretary does not rule out secondary sanctions on buyers of Russian oil

•   Reuters: Strong household finances may mean Fed must to do more -Kashkari

•   Reuters: Pelosi says she hopes U.S. Congress can pass China competition bill by July 4

•   Reuters: Blinken accuses Russia of using food as a weapon in Ukraine

•   Reuters: EXCLUSIVE U.S. aims to arm Ukraine with advanced anti-ship missiles to fight Russian blockade

•   Reuters: U.S. power and natgas prices soar during spring heatwave

•   Reuters: ECB accounts show debate over speed of policy tightening

※   EDB: Account of the April monetary policy meeting

•   Reuters: As ECB pares back stimulus, investors alert for fragmentation risk

•   Reuters: Germany's Scholz wants Western Balkans in EU

•   Reuters: China says it wants to expand BRICS bloc of emerging economies

•   Reuters: Exclusive: Japan Inc turns against central bank's monetary stimulus, Reuters survey shows

•   Reuters: India slashes wheat output estimate by 4.4% as heat-wave dents yields

•   Reuters: India asks regulator to allow utilities to import up to 30% of coal needs

•   Reuters: Pakistan bans imports of all non-essential luxury goods - minister

•   Reuters: IMF says Argentina program objectives, targets "remain unchanged"

•   Reuters: More Russian oil going east squeezes Iranian crude sales to China

•   Reuters: Xiaomi dealt 'heavy blow' in Q1 by COVID, chip shortages

•   Reuters: Analysis: Rare double whammy hits retail investors: steep slumps for both stocks and bonds

•   Reuters: Analysis: BOJ's dovish isolation draws public heat ahead of leadership change

•   Reuters: Analysis: India's power grid creaks under hybrid work model, heatwave

•   Reuters: Analysis: Crypto crash leaves El Salvador with no easy exit from worsening crisis

•   AP: NATO chief sure spat over Sweden, Finland will be resolved

•   AP: EXPLAINER: ESG investing and the debate surrounding it

•   CNBC: The euro is nearing parity with the dollar: Here’s what it could mean for investors

•   CNBC: Rising fuel costs are a massive problem for business and consumers — Here’s why they’re so high

•   CNBC: Scared of getting a mortgage? A strategist reveals the 1990s gadget that gives her cause to be optimistic

•   CNBC: An energy transition loophole is allowing Big Oil to offload high-polluting assets to private buyers

•   CNBC: EV maker Lucid to accelerate plans with its Saudi Arabia factory, its first outside the U.S.

•   CNBC: Two maps show NATO’s growth — and Russia’s isolation — since 1990

•   CNBC: Apple reportedly showed off its mixed-reality headset to board of directors

•   MarketWatch: S&P 500 earnings are another potential ‘shock’ awaiting financial markets trying to shake off stagflation fears, economist says

•   SCMP: China-Australia relations: Canberra’s ‘fear of looking weak’ hints at no relief for exporters

•   SCMP: China lashes out at US and Japan for ‘joining hands to confront China’ ahead of Joe Biden’s Asian tour

•   SCMP: Shanghai lockdown: most shops and restaurants remain shut, as stringent Covid-19 rules make normal operations impractical and beyond reach

•   SCMP: Coronavirus: Shanghai adds Covid-19 test data to transit passes as city prepares for reopening after seven weeks of lockdown

•   SCMP: Chinese Premier Li Keqiang tells provinces to ‘step up’ aid for coronavirus-hit economy

•   SCMP: China waits as US debates tariffs: Beijing adviser says ball is in Washington’s court, with clock ticking on inflation

•   SCMP: Taiwan sees record coronavirus cases with peak expected in late May

•   Caixin: Shanghai Prepares to Partially Reopen Starting Sunday

•   Caixin: China’s Covid Pill Works Against Omicron, Trial Shows

•   Caixin: China’s Imports of Natural Gas Fall Amid Sluggish Domestic Demand

•   Nikkei Asia: Indo-Pacific Economic Framework is not an FTA: 5 things to know

•   Economic Times: The state of inequality in India

•   Economic Times: Centre won't trim its Capex plan despite inflation running hot

•   매경(P1): [단독] 尹·바이든 '원전 수출' 손잡는다

•   매경: [단독] 중·러 배제되는 원전시장, 韓美 급부상 기대

•   매경(P1): '제2의 루나' 경고나선 업비트…"스테이블 코인 10여개도 위험"

•   매경: 서학개미 곡소리도 3배…순매수 톱10중 3종목이 '3배 레버리지'

•   매경: 기업 '피터팬증후군' 막는다…정부, 中企혜택 '5년 유지' 추진

•   매경: 中企 "규제뿐인데 회사를 왜 키워"…중견기업 "그때로 돌아가고파"

•   매경: [단독] 한중 항로 해운담합 제재 앞두고…中, 항의서한 발송

•   매경: 고금리 2금융권에 돈 몰려…1분기 수신 잔액 22조원 급증

•   매경: 우리銀도 주담대 만기 40년…5대 시중은행 모두 취급

•   매경: 현대重·두산·한화…수도권에 몰리는 기업들

•   매경: 포스코그룹, 산업용 로봇 사업 시동

•   매경: 투자심리 크게 위축됐는데…비상장 주식은 거래량 늘어 [아이티라떼]

•   매경: "증시 급락으로 기업가치 내려…한국서 M&A 늘어날 듯"

•   매경: 땅값 상승에…서울 오피스텔 공급 반토막

•   매경: 도심 재개발로 주택공급 확대…서울시, 용적률 확대 3년 연장

•   한경(P1): 닥터 둠의 경고 "美·유럽 경착륙 확률 60% 이상"

•   한경: "한국도 'S공포' 닥칠 수 있다"…전문가의 경고

•   한경: 조지프 나이 하버드대 교수 "中 소프트파워 퇴색…한국에 기회"

•   한경: 아이컨그린 UC버클리 교수 "기술 혁신보다 중요한 건 생산성 혁신"

•   한경(P1): '산업부 블랙리스트' 의혹…백운규 사무실 압수수색

•   한경: 정부 "IPEF는 공급망 협력…中 배제하려는 의도 아니다"

•   한경: 기재부, 文정부 땐 "소득분배지표 개선"…정권 바뀌자 "하위 20% 사업소득 악화"

•   한경: 추경호 "공기업 민영화, 검토도 계획도 없다"

•   한경: "北 코로나 환자 1000만명 육박"

•   한경: "민간 우주사업자 키울 법·제도 정비 서둘러야"

•   한경: "행성 간 물류 체인 최적화 박차…인류, 달·화성 오가며 살게 될 것"

•   한경: "우주 비즈니스 공간 '오비탈 리프' 모든 국가·기업에 개방"

•   한경: "결국 '초품아' 포기할 수 밖에"…수도권 공급 제동 걸렸다

•   한경: 2030 세계박람회…부·울·경 메가시티…부산, 미래 밝다

•   서경(P1): '폰지사기' 고소·고발에도…'루나·테라 2.0'으로 부활

•   서경(P1): 하반기 입주물량 6년來 최저…서울 전세대란 '뇌관' 되나

•   서경: "4년치 상승분 미리 받자"…옆집 전셋값 5억 뛰었다

•   서경: 서울 곳곳서 대규모 이주 앞둬…정부, 불안지역 인허가 늦춘다

•   서경(P1): 기술패권 전쟁… 中, 韓 두뇌사냥 빨라졌다

•   서경: "4년치 상승분 미리 받자"…옆집 전셋값 5억 뛰었다

•   서경: 서울 곳곳서 대규모 이주 앞둬…정부, 불안지역 인허가 늦춘다

•   서경: "국내외 PEF, 150조 투자 채비…최근 기업 M&A 절반 주도" [시그널]

•   서경: "블록체인 기반 웹3 기업, 구글·아마존 대체할 것" [시그널]

•   서경: "컨티뉴에이션 펀드 '긴축의 시대' 출구로 부상" [시그널]

•   서경: 바이든 삼성공장 오는데…재판 때문에 현장점검 못한 이재용

•   서경: 韓中 경제수장 회동 또 무산…1월→상반기→8월로

•   서경: [단독] '공급 차질 빚을라'…서울시, 정비사업 분쟁 전수조사

•   서경: 아파트 매물 '확' 늘어난 서울…집값 하락? 다시 반등?

•   조선(P1): 3대 자산 ‘코·주·부’ 거품이 빠진다

•   조선(P1): “北 핵실험 준비 끝, 타이밍 재는 중”

•   조선: “기초연금 인상, 연금개혁 이후로 늦춰야”

•   조선: 정부, 코로나 병상 절반 줄이기로… 전문가 “재유행 대비책 마련해야”

•   조선: 4000가구 재개발 설명회, 건설사들 한곳도 안왔다

•   조선: 네이버 등 플랫폼 규제법안 없애고, 자율규제 도입한다

•   조선: [단독] 네이버 직원 55% “회사 안 나가고 집에서 일할래요”

•   조선: [Biz 톡] ‘누가누가 먼저 행사 여나’ 경쟁하는 중기·대한상의

•   조선: 계단 오르는 배달로봇, 사내 벤처 작품입니다

•   조선: 세계 각국, 미친 물가에 “환율 하락, 오히려 좋아” 기묘한 환율 이야기

•   조선: “Go America” 돈도 기업도, 미국으로 향한다

•   조선: “이사님, 다녀오겠습니다” 팬데믹이 알려준 출장의 가치

•   조선: 캐나다 레스토랑 계산, 6000㎞ 떨어진 니카라과 사람이 한다

•   조선비즈: 삼성-퀄컴, 끈끈해지는 밀월 관계… TSMC-애플 대항마로 부각

•   조선비즈: “韓, 베트남·태국 이어 GDP 대비 국가부채 증가 속도 세계 3위”

•   중앙(P1): K반도체, 호황에도 시총 90조 증발…'칩 동맹'이 초격차 기회다 [기로에 선 K반도체]

•   중앙: 한국, IPEF 다음은 ‘칩4' 동맹…정부 "절대 중국 소외 아니다" [기로에 선 K반도체]

•   중앙: "이러다 큰일"…대만은 '인재 1만' 쏟아내는데, K반도체 1400명 [기로에 선 K반도체]

•   동아(P1): [단독]재정준칙 새로 만들어 국가채무 규모 줄인다

•   동아: ‘1000원짜리 커피-공깃밥’ 사라진다

•   동아: 세계 주요국은 지금 재정 지출 다이어트

•   문화: 탈원전 백지화 타고…‘원전시공 먼저 따내자’ 경쟁

•   한국(P1): 코인 투자자 4명 중 1명은 20대... 1억 이상 보유 '큰손' 10만 명

•   한국: "택시 종일 몰아도 배달보다 못해" 서울 '심야택시 대란'의 이면

•   국민: ‘교체형 배터리’ 고집하는 中… 속내는 ‘개도국 독식’

•   서울(P1): 이재명 찬성에… 힘받는 ‘한덕수 인준’

•   세계: 서울 거래주택 10채 중 3채 외지인이 샀다

•   경향: 대형 기업 9할은 “지방 안 갈 것”…이유는 교통 인프라·인력 부족

•   머니투데이(P1): [단독]尹정부, 난립한 위원회 대폭 축소 나서…4곳 폐지, 3곳 통폐합

•   머니투데이(P1): '독하게' 친환경 변신하는 롯데케미칼 "2030년 매출 50조 시대 연다"

•   머니투데이: 수소충전도 이젠 '셀프'로…광주·창원 '거점' 생산기지 구축

•   머니투데이: "기재부가 산타클로스냐"...세수 오차에 추경호 "반성한다"

•   머니투데이: 태양광 발전소 주변엔 꿀벌이 4배 산다..왜?

•   머니투데이: 온도·습도 맞추고 해충 내쫓고 '애지중지'…꿀벌의 숨은 가치 '6조'

•   머니투데이: 尹정부가 선정한 ICT 분야 미래 유니콘 기업 15곳 어디?

•   머니투데이: 우체국도 '완전 무인·자율주행' 시대…"내년 상용화"

•   머니투데이: 尹 대통령, 세종 제2집무실 하루도 사용 못 한다?

•   파이낸셜뉴스: "가업상속공제가 되레 혁신 방해... 업종변경·신규사업 등 길 터줘야"

•   파이낸셜뉴스: D램 수요부진에도 삼성 점유율 더 늘어

※   DRAMeXchange: 【Market View】As Inflation Intensifies and Consumer Demand Weakens, Global DRAM Revenue Falls 4.0% QoQ in 1Q22, Says TrendForce

•   파이낸셜뉴스: 니켈값 급락… K배터리 한숨 돌려

•   아시아경제(P1): 주택시장 가뭄난…거래 회전율 9년만에 최저

•   디지털타임스: 현대차 "대통령실 용산 와버려서" UAM 차질

•   이데일리(P1): [단독]한은·美연준, `상설`에 가까운 통화스와프 라인 만든다

•   이데일리(P1): `수익성 외면` 文정부 5년…공공기관 10곳 중 7곳 부채 늘었다

•   이데일리: 일자리·상생 동원하더니 비용 나 몰라라…공공기관 재무건전성 빨간불

•   이데일리: 공공기관 부채 줄이려면…"경영평가내 수익·생산성 비중 높여야"

•   이데일리: 부채 줄어든 공공기관 95곳…그래도 웃지 못하는 까닭

•   이데일리(P1): 유럽차 간판 건 中지리차…韓전기차시장 공략 통할까

•   이데일리: 글로벌 메이커에 전기차 기술 이식…저가 이미지 벗고 韓 침투

•   이데일리: 가성비 버리고 고급화·전동화…현대차, 中心 잡는다

•   이데일리: 中배터리도 '내수용' 딱지 떼…야금야금 영토 넓혀

•   이데일리: 산업부 "IPEF로 공급망 안정 기대…中과도 경제협력 더 공고히"

•   이데일리: 전기차 배터리 충전속도 열쇠 ‘실리콘 음극재’, 개발경쟁 본격화

•   이데일리: "일자리정책 정상화가 1차목표…노동 이중구조 해소 초석 놨다"

•   연합: 오후 9시까지 전국 2만4554명 확진…전날보다 2219명↓

•   전자신문(P1): [단독]이통사, 5G 28GHz 지하철 전국확대 '난색..."정부지원 필요"

•   전자신문: '먹구름 걷힌' 태양광 모듈 빅3, 1분기 실적 대폭 개선

•   전자신문: 삼성 '웨어러블 로봇' 8월 출시 목표…FDA 승인 총력

[Opinions]

•   Project Syndicate(Rupert Smith, Ilana Bet-El): Restoring Deterrence

•   Project Syndicate(Seta Tutundjian): The Global Hunger Crisis Is Here

•   Project Syndicate(Brahma Chellaney): The Clash of Asia’s Titans

•   Project Syndicate(Angela Huyue Zhang): China’s Golden Tech Grab

•   Project Syndicate(Giovanni Mastrobuoni): Do Algorithms Help to Reduce Crime?

•   FT(Editorial Board): Fixing the Northern Ireland protocol needs UK-EU trust

•   FT(Gillian Tett): The Goldilocks crisis may have arrived for crypto

•   FT(Robert Armstrong): Nowhere to hide

•   FT(Richard Waters): Microsoft woos Brussels as battle over the cloud intensifies

•   WSJ(Editorial Board): How Inflation Taxes the Poor

•   WSJ(Editorial Board): The Next Emerging-Market Crisis?

•   WSJ(Editorial Board): Biden’s Strange Help for Cuba

•   WSJ(James Freeman): The Biden Era Is About Fear, Not Greed

•   WSJ(Joseph C. Sternberg): Brexit Bites Britain, and Europe, Again

•   WSJ(Christopher Barnard): Biden Can Boost Energy Production—and Protect National Parks

•   WSJ(Allysia Finley): The Electric-Vehicle Unicorn Crash

•   NYT(Editorial Board): The War in Ukraine Is Getting Complicated, and America Isn’t Ready

•   WP(Catherine Rampell): Psst: Republicans don’t have a plan to fight inflation, either

•   WP(Josh Rogin): Biden might be on the verge of making a blunder with China

•   WP(Michael Gerson): Too many Americans are still in covid denial

•   Bloomberg(Mohamed A. El-Erian): Stock Selloff May Be Entering a New Phase

•   Bloomberg(John Authers): There's a Whiff of Fearful Symmetry in the Air

•   Bloomberg(Leonid Bershidsky): Victory and Defeat Are Both Hard to Pin Down in Ukraine

•   Bloomberg(Pankaj Mishra): Is Boris Johnson Dragging Out the Ukraine War?

•   Bloomberg(Gearoid Reidy): The Japanese Need to Learn to Invest Before It’s Too Late

•   Bloomberg(Cathy O'Neil): There's Good Reason for Tech Workers to Embrace the Office

•   Bloomberg(Izabella Kaminska): Noble Gases Are Suffering From Putin’s War in Ukraine

•   MarketWatch(Dario Perkins): The worst of all worlds for investors: What if higher interest rates and a recession don’t tame inflation?

•   Fox News(Lindsey Graham): Why I support a Ukraine aid package before it's too late

•   Caixin(Edward Tse): Three Ways China-West Economic Ties Could Play Out Post-Pandemic