Thursday, May 5, 2022

Thursday, May 5, 2022
Doug Noland Posted on May 4, 2022

[AP] Ukraine repels Russian attacks; Mariupol plant battle rages

[AP] Russian strikes try to disrupt delivery of Western weapons

[MSN/NYT] U.S. Intelligence Is Helping Ukraine Kill Russian Generals, Officials Say

[Reuters] U.S. intelligence helping Ukraine kill Russian generals -NY Times

[Yahoo/Bloomberg] U.S. Stocks Slip as Inflation Fear Stalls Rally: Markets Wrap

[Yahoo/Bloomberg] Oil Pares Gains Ahead of OPEC+ Talks as EU Plans Russian Ban

[Yahoo/Bloomberg] OPEC+ Sticks to Small Supply Hike as EU Eyes Russia Oil Ban

[Yahoo/Bloomberg] China Stocks’ Weak Return From Break Highlights Growth Concerns

[Yahoo/Bloomberg] Inflation Fears Hit Emerging Asia Bonds as Rate-Hike Bets Build

[Yahoo/Bloomberg] Wheat Returns Above $11 on Weather Woes, Potential India Curbs

[Yahoo/Bloomberg] Bond Turbulence Far From Over as Inflation Fears Haunt Fed Path

[CNBC] Worker output fell 7.5% in the first quarter, the biggest decline since 1947

[Reuters] U.S. weekly jobless claims increase; layoffs creep up in April

[Reuters] Bank of England raises rates to 1% despite looming recession risk

[Yahoo/Bloomberg] BOE Sees Risk of U.K. Recession With Inflation Above 10%

[Reuters] China’s services activity falls at second sharpest rate on record – Caixin PMI

[Reuters] COVID-hit Beijing returns to work after subdued Labour Day break

[Reuters] Explainer: Disconnecting Russia’s banks: Sberbank faces SWIFT removal

[Reuters] Sweden says it received U.S. security assurances if it hands in NATO application

[Reuters] Anti-Americanism is blinding Chinese policy

[Reuters] Turkey’s inflation surges to 70%, putting Erdogan in bind

[Yahoo/Bloomberg] German Factory Orders Plummet as War Weighs on Manufacturers

[Reuters] Brazil’s Lula says Zelenskiy ‘as responsible as Putin’ for Ukraine war

[CNN] New Mexico wildfires: Biden declares a major disaster as wildfires threaten thousands of homes

[Yahoo/Bloomberg] A 115-Degree Heat Wave Is Making India’s Power Crisis Worse

[Reuters] Omicron as severe as previous COVID variants, large study finds

[WSJ] Russia Steps Up Attacks on Ukraine Railways, Other Infrastructure

[FT] Investors detect dovish undertones to Powell’s campaign against inflation

[FT] Bank of England warns of UK recession this year as it lifts interest rate

[FT] China’s zero-Covid stance is a warning to investors

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