11 April 2016



Today’s Issue Cluster: Steel

World – Goldman’s Bric Era Ends as Fund Folds After Years of Losses
Ads – Coming to You Live From Facebook, a Lure Back to TV
Oil – Saudi Gambit Moves to Phase Two


MAJOR DATA POINTS

China – Mar: Producer price deflation eases; -4.3% from -4.9% / FT

China – Mar: Consumer inflation stable; 2.3% / AFP


MARKETS

World – EM Capital Outflows to Ease in 2016 WSJ

World – EMs face significant capital outflows FT *


ECONOMICS

World – Economic recovery ‘in danger of stalling’ FT * *

World – Fifth year of weak trade growth FT *

World – Goldman’s Bric Era Ends as Fund Folds After Years of Losses B *


POLITICS & FISCAL POLICY



MONETARY POLICY

World – Negative interest rate battle lines drawn FT * *

World – Spending Cuts Escalate Clashes Over Monetary Policy WSJ *


FINANCE



REAL ESTATE



LABOR & EDUCATION



SERVICES

Ads – US newspapers raise alarm over new blocker Brave FT / FT *

Ads – Worries about fraud may prompt an online shake-out E * *

Ads – Coming to You Live From Facebook, a Lure Back to TV B *


MANUFACTURING

Robots – Gain Traction With Supply Chain Managers WSJ

Robots – China’s army set to surge FT * *

Robots – Chances of Workers Being Replaced by Automation / statista *


TECH

China – Rival to Uber Valued at Over $25b WSJ *

China – Online services sector is red-hot FT *

Japan – Tech Hunts for Restart Button WSJ *


TRADE & TRANSPORTATION



COMMODITIES

Steel – Poster Child For Oversupplied Commodity Markets B *

Steel – Tata UK sale likely to spur European shake-up N *

Steel – Hard to see a future for world’s high-cost producers E *

Steel – China workers face turmoil AFP

Steel – China faces trouble at mill FT * *

Steel – China says its overcapacity will remain FT


ENERGY & ENVIRONMENT

Oil – Rises Most in Two Months on US Output Drop B *

Oil – Reports of rally’s death premature as inventories decline B *

Oil – Saudi Arabia Will Only Freeze If Iran Joins B *

Oil – Iran’s return has been underwhelming, but just wait WSJ *

Oil – Saudi Gambit Moves to Phase Two B *

Oil – Iraq Production Growth to Slow / b *

Gulf – States must make big changes to face the future E *

Gulf – States will be forced to tap debt markets, warns Moody’s FT *

Gulf – A Complex Map of Sunnis and Shiites NYT * *


HEALTH



ENDNOTE

Country flags: Primary colors predominate *


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