12 March 2014



Today’s Issue Cluster: Crops

Japan – Q4 growth, external balance suffer blow in test for Abenomics
Ships – New orders threaten fragile sector recovery
China – Export Prowess Wanes in US, Europe


DATA POINTS

EZ – Dec: Factory Output Unexpectedly Falls, Led by Energy; -0.2%, +2.1% yr / B

Japan – Feb: Wholesale prices up; +1.8% / K

India – Feb: Exports Shrink; -3.67% / WSJ / ET

South Africa – Q4: Current account deficit narrows as imports drop; 5.1% GDP / R

US – Week: MBA: Mortgage Applications Decrease; -2% / cr *


MARKETS



ECONOMICS

Japan – Companies to Boost Wages WSJ / FT / NYT / FT *

Japan – Q4 growth, external balance suffer blow in test for Abenomics R * * *

Japan – Misery Index Rising to 33-Year High on Abenomics B

Japan – Waiting to Ride Export Curve WSJ

Japan – Yen-Pinching Undercuts Push Against Years of Deflation NYT

Japan – Weak Yen No Longer Enough to Lift Prices WSJ *


POLITICS & FISCAL POLICY

Ukraine – Kremlin Corp debt weighs in West’s standoff with Russia R / FT / WSJ *

Ukraine – German Firms Could Soon Provide Gas to Kiev S * *

Ukraine – Native languages From 2001 Census / am *


MONETARY POLICY

BOJ – Holds steady despite export worries FT / WSJ / R / B

BOT – Thailand Reduces Key Rate as Political Unrest Hurts Economy FT / WSJ / B *


FINANCE

EU – ECB to probe €3.7t of eurozone bank assets FT / WSJ / NYT / B / R

EU – Ministers Optimistic Over Deal on Bank-Rescue System WSJ / R / B


REAL ESTATE

US – Two Senators Draft Plan to Phase Out Freddie and Fannie NYT / FT / WSJ / AP / R / B * *


SERVICES

Media – Industry Worries About Comcast-TWC WSJ *

Media – Comcast and TWC unpopular / q * *

Media – Nearly one in three US households have no internet choice q * *


MANUFACTURING

Ships – New orders threaten fragile sector recovery R


TECH

Mobiles – Son promises Sprint/T-Mobile price war FT / WSJ / WSJ / R *

Mobiles – Europe’s Telecom Companies Push to Consolidate WSJ *


TRADE & TRANSPORTATION

China – Export Prowess Wanes in US, Europe B


COMMODITIES

Crops – China Slowdown Is Rocking Raw Materials WSJ *

Crops – Trade fears sprout in the GMO divide FT

Crops – Ottawa gives railways grain quota FT / WSJ / R / G&M

Crops – Excess China grain sows seeds of unrest CD *

Crops – China’s Cofco takes on global trading houses FT *

Crops – Philippines under pressure over high rice prices R / WSJ *

Crops – New threat to Brazil’s breadbasket: a pesky caterpillar R

Crops – Farm sector keeps getting more and more productive cd *

Water – El Niño warning puts farmers and commodities investors on alert FT

Water – Drought in Vietnam Causes Coffee Headache WSJ

Water – In Australia, a Battle Over Cattle as Firefighters WSJ

Water – China launches water-pipeline project q * * * *


ENERGY & ENVIRONMENT

Nuclear – Japan opening the way to restart power plants E / e *

Nuclear – Solving Fukushima water problem a long, hard slog WSJ / JT *


LABOR & EDUCATION

US – Obama Will Seek Broad Expansion of Overtime Pay NYT / WSJ / AP / B


HEALTH

Pharma – Generic-Drug Failures Spur Concern as FDA Steps Up Action B

Pharma – Warning on Australia poppy shortage FT / q * * * **


ENDNOTES

European Citizens Favourite European Country Other Than Their Own im *


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