16 January 2015



Today’s Issue Cluster: India



MAJOR DATA POINTS

EU – Dec: Consumer Prices Fall for First Time on Record; -0.1% / WSJ *

US – Dec: Consumer prices post biggest drop in six years; -0.4% from -0.3% / R / B / WSJ *

US – Dec: Industrial Production Inches Down; -0.1% from +1.3% / WSJ *

US – Jan: Umich Consumer Sentiment Surges to 11-Year High; 98.2 from 93.6 / R / B *


MARKETS

India – Delhi-cate balance FT *

India – Funds Are #1 This Year, So Watch Out WSJ *


ECONOMICS

India – World Bank: Set to Become World’s Fastest-Growing Big Economy wsj *

India – Modi Tested by Budget Deficit Already 99% of Target B

India – Modi struggles in first big battle of reform campaign FT / B

India – Land-Acquisition Rules Eased by Modi B

India – Good Times Get Rolling WSJ *

India – Turns to new industries for economic revival FT * *

India – Companies trust Modinomics q * * * *

India – Putin Boosts Trade and Investment WSJ *


POLITICS & FISCAL POLICY



FINANCE

India – Modi pledges banking shake-up FT

India – Doubts persist over bank recap plan FT / B *


REAL ESTATE

India – Investment Firm Joins Move into Real Estate WSJ


MONETARY POLICY

RBI – Cuts Main Interest Rate WSJ / FT / NYT / AP / NYT

SNB – Fallout Hits Banks, Brokers WSJ / B / R * *

SNB – End to euro cap ensnares brokers FT / NYT / R * * * *

World – Swiss Shock Tarnishes Central Banks WSJ / WSJ *

World – QE credibility is starting to wane FT *

World – Europe’s Smaller Central Banks Likely to Cut Rates After Swiss Move WSJ / WSJ

World – Asia’s central bankers lean towards looser policy FT


SERVICES

Gaming – Macau: Reaches the end of a winning streak FT / B * *

Gaming – Macau: Gambling Revenue Suffers First Full-Year Fall FT / WSJ / CD * *

Gaming – Macau: Casinos Bear Cost of Overbuilding WSJ *

Gaming – Macau: Construction booms in spite of bust FT

Gaming – Macau: ‘Struggling with a gambling addiction’ E *

Gaming – Vegas: Caesars owners seek way out of gambling debt WSJ / WSJ / FT / B *

Gaming – Vegas: Caesars Hobbled by Absence in Asia WSJ * *

Gaming – AC: Investor Aims to Bring Back Atlantic City WSJ *

Gaming – US: ‘How cash from casinos makes Native Americans poorer’ E *

Gaming – Internet: US gambling campaign stalls FT


MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES

Crops – Wheat: India eyes exports, but cheap European supplies pose challenge R *

Crops – Wheat: Australia cuts 2014/15 wheat export forecast, ups beef R *


ENERGY & ENVIRONMENT

Power – ‘Energy is becoming cleaner and more plentiful’ E *

Power – Renewables are no longer a fad but a fact of life E *

Power – Solar is giving hundreds of millions of Africans access to electricity E *

Power – Industry is learning to manage demand E *

Power – The biggest innovation in energy is to go without E *


LABOR & EDUCATION

India – Coal miners call off strike FT / AP / FT / B / q * *

India – A No-Show At Work For 25 Years Finally Gets The Ax npr


HEALTH



ENDNOTE

Skyscraper-Wise, 2014 Was the ‘Tallest Year Ever’ curbed *


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