Today’s Issue Cluster: Automated Vehicles
Venezuela – GDP expected to shrink 13%; inflation heading for 700%
BCB – Brazil’s New Central Banker Sees Grim Outlook
eTaxi – US: NY drivers are breaking up with Uber to get back with yellow
China – Jan-May: Fixed-asset investment weaker; +9.6% from +10.5% / WSJ / FT
Venezuela – Gives unexpected boost to bond investors FT *
Venezuela – Reserve liquidation in one chart ft *
Venezuela – GDP expected to shrink 13%; inflation heading for 700% / iif *
Brazil – GDP reveals depths of recession FT / WSJ *
Brazil – Exploding Debt-to-GDP Is Going to Become a Problem Soon B *
Brazil – Decline is taking its toll FT * *
Brazil – Moves to shrink the state FT *
Peru – Former World Bank economist wins knife-edge election FT / FT *
Bolivia – Firm economic fundamentals buck commodities downturn FT * *
Mexico – Political risk on the rise FT
El Salvador – Declares bloody war on gangs FT *
BCB – Brazil’s New Central Banker Sees Grim Outlook B *
LatAm – Spain’s big banks show their commitment FT*
eTaxi – Uber cranks up battle with $3.5b Saudi investment FT / B * *
eTaxi – US: NY drivers are breaking up with Uber to get back with yellow Crains
eTaxi – US: Uber fighting reg that allows “feeding and stabling horses” but not them FT
eTaxi – US: Car Makers Are Hailing a Ride WSJ *
eTaxi – France: Court finds Uber guilty of starting ‘illegal’ car service FT / WSJ
eTaxi – Germany: Now roughly equal in value, Uber and Daimler trade gentle blows R
eTaxi – China: Uber faces uphill battle vs Didi FT *
eTaxi – China: Uber and Didi Drive Closer to Profitability WSJ / WSJ / R / WSJ
eTaxi – Asia: Grab grasps for advantage FT
eTaxi – Wal-Mart: to test grocery delivery with Uber, Lyft R / WSJ / FT
eTaxi – Auto and tech giants get on board N *
AVs – Detroit Battles for the Soul of Self-Driving Machines WSJ *
AVs – Advocates call for federal laws to supplant local regulation WSJ / R
AVs – Baidu Plans to Mass Produce Autonomous Cars in Five Years WSJ
AVs – Otto Venture Targets Heavy Trucks WSJ / FT / NYT *
Where to Live If You Want Lots of Trading Holidays B *