12 September 2014



Today’s Issue Cluster: Oil

US – Stressed Borrowers Rattle Resurgent Subprime Lending Industry
Water – Quenching Beijing’s thirst may stunt regional growth
Ads – Technology is radically changing the business


MAJOR DATA POINTS

EZ – Jul: Industrial production rose more than forecast; +1.0% from -0.3% / B / b *

US – Aug: Retail Sales Rise; +0.6% from +0.3% / WSJ / R / B *

US – Aug: UMich consumer sentiment at 14-month high; 84.6 from 82.5 / R / B / cr *


MARKETS

Venezuela – Spectre of default looms despite oil reserves FT * * *


ECONOMICS

EMs – The headwinds return E * * *


POLITICS & FISCAL POLICY

Ukraine – EU Agrees to Implement New Sanctions WSJ / NYT / AP / R / B / B

Ukraine – Putin Oil Deals With Exxon Imperiled by Sanctions WSJ / B / WSJ / FT *

Ukraine – With Gas Cut Off, Kiev Looks West NYT

Ukraine – Russia tightens gas supplies to Poland FT / AP / WSJ

Ukraine – Eastern Europe Braces for Energy Shortages WSJ / WSJ *

Ukraine – Russia threatens to cap western car and clothing imports FT


MONETARY POLICY

BC – Chile Cuts Rate for Seventh Time in Last Year Amid Slowdown B

BCRP – Peru Cuts Rate to 3.5% as GDP Slowdown Damps CPI Pressures B


FINANCE

US – Stressed Borrowers Rattle Resurgent Subprime Lending Industry NYT *


REAL ESTATE



SERVICES

Ads – Technology is radically changing the business E / E / E / E * * * *

Ads – Will Dollars Return to TV? WSJ *


MANUFACTURING



TECH



TRADE & TRANSPORTATION

Ship – Maersk, MSC to Hold Talks With US Watchdog Over Alliance WSJ / WSJ

Ship – China Tries Natural Gas to Fuel Shippers on the Yangtze River WSJ *


COMMODITIES

Water – Quenching Beijing’s thirst may stunt regional growth R *

Water – Hopes for a Strong El Niño Fade in California NYT *

Water – As Agriculture Swoons, West Coast Firms Avoid Worst WSJ / kottke * *


ENERGY & ENVIRONMENT

Oil – IEA Cuts 2015 Demand Forecasts WSJ / FT *

Oil – OPEC Says World Will Need Less of Its Crude Next Year WSJ

Oil – Glut Ignites Gasoline Price Swoon WSJ *

Oil – Slowing demand growth in Asia sparks diesel glut FT *

Oil – Strong demand sends jet fuel soaring FT *

Oil – Traders squeeze profit from the future FT *

Oil – Study: Want lower gas prices? Ship more abroad AP / wsj

Oil – Alaska Lures Back Big Companies With Big Tax Breaks BW *

Oil – Saudi Arabia Sales to US Imperiled by Shale Boom B

Oil – China’s Petroleum Reserve Builds Shaky Floor WSJ *

Oil – Rampant fraud in Chinese industry proves hard to eliminate N *

Oil – Energy firms hope for new frontier in Morocco FT *


LABOR & EDUCATION

Australia – ‘Bizarre’ surge in jobs numbers FT * *


HEALTH

Ebola – The Threat Grows Worse S / FT / NYT / WSJ / R / AP ** *

Ebola – Fast-tracking treatments E *

Ebola – Economic Toll on Africa Starts to Emerge WSJ / FT / NYT / R * *


ENDNOTE

The Confusing World of International Sport in the British and Irish Isles motw *


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