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German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
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Greater U.S. Treasury Supply Seen as a Medium-Term Risk
Treasurys should maintain their status as a global risk-free asset in the near to medium term, but the need to finance the growing U.S. deficit might coincide with softening demand for Treasurys, increasing the risk premium the government pays, ...The Wall Street Journal - World -
U.S. Crude Oil Stocks Fall More Than Expected
Oil stocks fell by 4.2 million barrels — a greater decline than was expected.The Wall Street Journal - World -
U.S. crude oil falls more than 1%, on pace for worst month of year as gasoline demand is soft
U.S. crude oil having its worst monthly performance since December.CNBC - Business -
Moderna Nears Bird Flu Vaccine Deal With U.S.
As the H5N1 outbreak spreads from birds to cattle, Moderna will get government funding for a large-scale trial of its mRNA vaccine.Inc. - Business -
Some Agencies Are More Equal Than Others
Ask Congress for funding? Not the CFPB.The Wall Street Journal - World -
German defence minister promises Moldova more help against Russia
Yahoo News - World - Germany -
Kohl's stock plummets more than 20% after massive earnings miss
Kohl's shares plummeted more than 20% Thursday after the company posted weaker-than-expected earnings.CNBC - Business -
Why are the EU’s angry youth more keen on protesting than voting?
Also in this newsletter: Ukraine’s wish list to make EU sanctions more effectiveFinancial Times - World -
The Baillie Gifford boycott does more harm than good
Campaigning against the asset manager has shallow logic and will make the literary world poorerFinancial Times - Business -
Private capital has raised more money than it has returned
Returns for me; not for theeFinancial Times - Business
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Pentagon Chief Says War With China Neither Imminent nor Unavoidable
Defense Secretary Lloyd Austin, speaking in Singapore, struck a nonconfrontational tone a day after his first face-to-face meeting with his Chinese counterpart.The Wall Street Journal - World - China -
U.S., Chinese Defense Chiefs Confirm Plan to Reopen Hotlines in First Face-to-Face Meeting
Lloyd Austin and China’s new defense minister reaffirmed the plan as part of an effort by both sides to prevent frictions in Asia from shattering a fragile rapprochement.The Wall Street Journal - World - China -
Airlines Are Mastering the Dark Art of the Upsell
You’ve already bought your ticket—but the sales pitch is just getting started. Could a ‘press for Champagne’ button be next?The Wall Street Journal - World - Travel -
He Lost His Job. His Wife Went to Prison. Now He Wants to Take Down South Korea's President.
Cho Kuk’s rise, fall and comeback have captivated South Korea—a country with a worse political divide than the U.S.The Wall Street Journal - World -
China Wants a Bigger Role in the Middle East. But Not Too Big.
With the U.S. under fire for its support of Israel in the Gaza war, China has seen an opening. But Washington’s influence in the region is still predominant.The Wall Street Journal - World - China