Friday, May 22, 2020

Friday, May 22, 2020
Doug Noland Posted on May 21, 2020

[Reuters] Hong Kong tensions unnerve world stocks, oil tumbles

[CNBC] Hong Kong plunges more than 5% as Beijing plans to impose new security laws

[Reuters] Oil drops 5% on China-U.S. tensions, demand doubts

[Reuters] New U.S.-China tensions lift dollar; euro, offshore yuan fall

[Reuters] U.S. condemns China’s ‘disastrous proposal’ to control Hong Kong: Pompeo

[CNBC] U.S.-China tensions are flaring on a new front: the financial markets

[CNBC] Coronavirus live updates: Oxford readying a phase 2 vaccine trial; cases surge in India

[Reuters] U.S. shale bust slams rural economies as oil checks shrivel

[Reuters] China drops GDP goal, vows spending as virus overshadows parliament

[Yahoo/Bloomberg] China Extends Relief for Trillions of Yuan in Bank Loans

[Reuters] Factbox: Reactions to China move to impose security laws on Hong Kong

[Reuters] China to encourage Taiwan’s people to promote ‘reunification’

[Yahoo/Bloomberg] Argentina Braces for Ninth Default

[Yahoo/Bloomberg] India Central Bank Pledges More Easing as Economy Set to Shrink

[Bloomberg] China Dares Trump to Hit Back With Hong Kong Power Grab

[Bloomberg] Here Are the Highlights of China’s 2020 Economic Targets

[Bloomberg] Coronavirus Is a Stress Test Many World Leaders Are Failing

[Bloomberg] Emerging-Market Rally Stumbles as Old Bugbear Gatecrashes Party

[Bloomberg] Australia’s Credit Rating Outlook Cut to Negative by Fitch

[Bloomberg] A Cold War Is Heating Up in the South China Sea

[WSJ] In Dropping Growth Target, China Acknowledges Severity of Its Economic Challenges

[WSJ] Markets Get a Shot of Fed Adrenaline

[WSJ] Struggling Corporate Borrowers Raise Risks in Loan Funds

[WSJ] Bank of Japan Shows ‘Whatever It Takes’ Attitude With $700 Billion Coronavirus Plan

[FT] China risks new Hong Kong protests by imposing security law

[FT] How Germany changed its mind about Europe

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