13 April 2015



Today’s Issue Cluster: LatAm

Air – New Gulf War Tests US-EU Airline Tie-Ups, Fares
Mobiles – The Predicted Wearables Boom Is All About The Wrist
Alt – Hydro: China blocks $4b Xiaonanhai dam development


MAJOR DATA POINTS

China – Mar: Exports in surprise fall; -14.6% from +48.3% / AP / R / WSJ / FT / AFP / b *


MARKETS

Bonds – German 10-year yields heading below zero FT *

Bonds – Asia’s Junk Market Heats Up WSJ *


ECONOMICS

World – Recovery at risk of stalling FT *


POLITICS & FISCAL POLICY

LatAm – ‘Despite scandal, the region is making progress’ E *

LatAm – ‘The Pacific Alliance in search of a shared product’ E *

Cuba – Americas Summit Puts Focus on US Thaw WSJ / FT *

Cuba – Obama, Castro in Historic Meeting WSJ / B / NYT *

Mexico – Economic gloom hard to crack FT * * *

Argentina – In last-ditch manoeuvre to pay bondholders FT

Brazil – Corruption Scandal Spreads Beyond Petrobras WSJ

Brazil – Poll blow to Rousseff over austerity plan FT / B

Brazil – Rousseff’s Problems in Three Charts B * * *

Brazil – At breaking point FT / AFP *

Brazil – Economic downturn prodding Rousseff to look to US WSJ *

Brazil – To Fix Water Crisis, Brasilia Turns to Big Projects WSJ *


MONETARY POLICY



FINANCE



REAL ESTATE

World – Investors should follow population trends FT *


LABOR & EDUCATION



SERVICES



MANUFACTURING



TECH

Mobiles – Muted Debut for Apple Watch With Sparse Crowds in Europe and Asia B

Mobiles – Apple sparks gold rush as pre-orders of luxury Watches sell out FT * * *

Mobiles – The Predicted Wearables Boom Is All About The Wrist / statista *


TRADE & TRANSPORTATION

Air – New Gulf War Tests US-EU Airline Tie-Ups, Fares IBD *

Air – Lufthansa’s grim struggle in crash aftermath FT *


COMMODITIES

Iron – India’s Push to Resume Mining Stymied WSJ *

Iron – Sinking price hits smaller producers FT

Iron – Australia Braces for Lower Prices WSJ

Iron – Sweden moves a town for a mine R *


ENERGY & ENVIRONMENT

Alt – Hydro: China blocks $4b Xiaonanhai dam development FT / NYT *

Alt – Hydro: Bad politics should no longer slow Nepal E *

Alt – Wave: Private investment dries up for UK projects FT * *

Alt – Wave: A new Australia project may make swell power a reality E *

Alt – Ocean: Currents, tides rise as new renewable energy candidates N * *


HEALTH

Pharma – Market sanguine on biosimilars, but may be wrong FT *

Pharma – Stakes of Drug-Price Battles Are Getting Higher WSJ *

Pharma – Makers of Generic Drugs Challenge FDA Plan for Updated Warnings NYT

Pharma – Insulin: Lucrative market is about to change FT *


ENDNOTE

The Accidental Beauty of Flight Paths bp * * *


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