11 June 2014



Today’s Issue Cluster: Oil

World – Korea Income to Overtake Japan, France, Moody’s Says
Auto – As German car sales drop, industry bets on sharing
PubEd – US Hurting More in the Recovery Than in the Recession


MAJOR DATA POINTS

UK – Apr: Unemployment Rate Tumbles; 6.6% from 6.8% / WSJ / B m *


MARKETS



ECONOMICS

World – WB Cuts 2014 Global Growth Estimate to 2.8% From 3.2% WSJ / NYT *

World – The recovery of global goods demand ft * *

World – The global movements of remittances / ilc *

World – The cheapest stock markets DT *

World – The shifting balance of US & China power CNBC *

World – MSCI Removes Korea From Developed-Market Consideration WSJ / FT

World – Korea Income to Overtake Japan, France, Moody’s Says wsj *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE



REAL ESTATE



SERVICES

F&B – Global Hunger for Protein Fuels Food-Industry Deals WSJ

F&B – China’s hunger for foreign food groups soars FT * *


MANUFACTURING

Ship – Energy Boom Boosts Tanker Construction WSJ *


TECH

Games – Sony outplays Nintendo in game console sales FT / R

Games – E3 to Put Spotlight on Xbox vs. PlayStation WSJ / NYT / B / WSJ *

Games – The One Thing Mobile Users Can Agree on wsj *


TRADE & TRANSPORTATION

Truck – Headwinds Easing, Road Ahead Looks Good IBD

Auto – States Move to Plug Shortfall as Federal Highway Fund Dwindles WSJ *

Auto – Car, truck crashes cost $871b AP

Auto – As German car sales drop, industry bets on sharing AP

Auto – Vehicles per 1000 people in Europe / motw *

Auto – Older Americans’ Crash Fatality Rate Has Declined WSJ *


COMMODITIES

Palm Oil – Traders face brunt of environmental push FT / B *

Coconuts – Insect Attacks Philippine Crops WSJ

Coffee – Futures Run-Up Makes Way to Store Shelves WSJ / B *


ENERGY & ENVIRONMENT

Oil – Iraq unrest puts focus on security of oilfields and key pipeline FT / B

Oil – How Kurdistan gets crude to market despite Baghdad opposition / r *

Oil – Threat to Libyan exports increases FT / R / r *

Oil – OPEC ministers signal output to remain on hold AP / WSJ / B *

Oil – Opec focus switches to supply challenge FT *

Oil – War, strikes, sanctions keep 2.9 mbpd offline / r *

Oil – Nations Put Out Welcome Mat for Western Companies WSJ *

Oil – Reliance turns to African crude in shale boom spin-off R *

Oil – Expanding in Russia Is a Dance Around Sanctions NYT / FT

Oil – US industry finds way around export ban FT / FT *

Oil – WTI vs LLS: A Major Shift In The US Boom IBD

Oil – Investment in US condensate splitters booms FT

Oil – Canada bracing for coming ‘retirement tsunami’ FP **

Oil – Giants Set Their Sights on Arctic Waters WSJ *


LABOR & EDUCATION

PubEd – US Teacher Tenure Dealt Legal Setback WSJ / NYT *

PubEd – US Hurting More in the Recovery Than in the Recession 538 * * * *


HEALTH

Insurance – Taxpayers Face Big Medicare Tab for Unusual Doctor Billings WSJ * * * *

Insurance – How Much Hospitals Charged Medicare for the Same Types of Cases / NYT *


ENDNOTE

Australia, the World Cup’s Unluckiest Country nyt / nyt * *


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