Friday's News Links

[Yahoo/Bloomberg] Germany Won’t Block a Russian Oil Embargo, Habeck Says

[Reuters] Russian submarine strikes Ukraine with cruise missiles, defence ministry says

[Yahoo/Bloomberg] Ukraine Latest: Russia Cuts Interest Rates, Journalist Killed

[Yahoo/Bloomberg] U.S. Stocks Extend Losses on Tech Slump: Markets Wrap

[Yahoo/Bloomberg] Bets of Easing Crackdown Spur Dizzying Jump in China Tech Stocks

[Yahoo/Bloomberg] Oil Heads for Longest Run of Monthly Gains Since Early 2018

[Yahoo/Bloomberg] Powell Seen Slowing Rate Hikes After May and June Front-Loading

[CNBC] The Fed’s favorite inflation gauge rose 5.2% in March

[Yahoo/Bloomberg] China’s Sudden Currency Plunge Raises Risk of a 2015-Style Panic

[Yahoo/Bloomberg] Xi’s Vow to Boost Growth While Locking Down Met With Skepticism

[Reuters] Beijing closes more venues as anger at Shanghai's COVID lockdown grows

[CNBC] Expats flee as Shanghai's COVID lockdown drags

[Yahoo Finance] China 'in a very tough spot' as COVID-19 lockdowns hit economy, China Beige Book CEO explains

[Reuters] Analysis: Russia's Ukrainian quagmire providing tough lessons for China

[AP] Inflation hits record high of 7.5% in countries using euro

[Yahoo/Bloomberg] Debt Costs Are Soaring in Europe

[Yahoo/Bloomberg] Russia Surprises With Bigger Rate Cut and Warns on Downturn

[Reuters] Russia kills Radio Liberty journalist in missile attack on Kyiv

[Yahoo/Bloomberg] Deutsche Bank Searched in Potential Money Laundering Case

[Bloomberg] China Calls Russia Relationship a ‘New Model’ for the World

[Bloomberg] Philip Lane Says ECB’s Focus Isn’t Whether to Hike, But How Quickly

[Bloomberg] Lockdown Drives China’s Jilin Into Contraction in Sign of Covid Zero Costs

[Bloomberg] Kremlin Says Russia Discusses Pegging Ruble to Gold, Commodities

[Bloomberg] Fracking Boom Turns Texas Into the Earthquake Capital of the U.S.

[WSJ] U.S. Consumers Boosted Spending in March

[WSJ] Train Delays Bog Down U.S. Farm Sector

[WSJ] China’s Covid-19 Defenses Have a Missing Piece: Vaccinating the Elderly

[FT] Renminbi on course for steepest monthly fall as China’s economy slows

[FT] North Korea preparing for first nuclear test since 2017, warn experts