Today’s Issue Cluster: Oil
E-Cigs – Citi: A deceleration in growth
Air – Showdown in Asia’s budget skies
US – Fed Banks Report Falling Farmland Values
EZ – Mar: Trade Surplus Narrowed; +€17b from €22b yr / WSJ / eu *
US – Apr: Housing starts up sharply; +13.2% from +2.0% / R / WSJ / B / AP / r / r * *
US – May: UMich consumer sentiment slips; 81.8 from 84.1 / R / B / r *
Bonds – Market investors hurt by pain trade FT *
Bonds – US corporates: yielding to temptation FT *
Bonds – Interest Rates Sink Globally in Expectation of Stimulus WSJ *
World – Global Growth Worries Climb WSJ *
World – Bank eyes biggest global poverty line increase in decades FT * * *
EU – Germany’s economy powers ahead as France and Italy fall behind FT * * *
EU – France and Germany: Europe Divided WSJ * * * *
EU – Full Recovery Still Years Away for Many in Euro Zone NYT *
South China Sea – Vietnam manufacturers caught in crossfire of anti-China protests FT / WSJ / wsj / B / WSJ / CD *
South China Sea – Apple supplier halts production in Vietnam FT
South China Sea – China Moves Unilaterally NYT / WSJ *
South China Sea – As Anger Over Chinese Rig Rises, Hanoi Has Few Options WSJ *
South China Sea – China Begins Construction in Spratly Islands WSJ / WSJ * *
Fed – Inflation Picks Up, Stirring Talk on Policy WSJ
US – Squeezed middle behind housing slump FT * * * *
US – Homebuilder sentiment falls in May to lowest level in a year / r *
US – Fed Banks Report Falling Farmland Values WSJ / R *
Cigs – Report slams US tobacco child labour FT
E-Cigs – Senators warn of carcinogen risk AP
E-Cigs – Citi: ‘A deceleration in growth’ bi *
Internet – FCC Advances New Broadband Rules FT / WSJ / NYT / R / B / AP / NYT / WSJ *
Internet – Lawmakers Struggle Over Web Tax WSJ *
Air – Malaysia Airlines Grapples With Financial Difficulties WSJ * *
Air – Showdown in Asia’s budget skies N / N / E * * * *
Air – JetBlue CEO in Hot Seat as Airline Lags Rivals WSJ *
Oil – OPEC May Struggle to Meet Rising Demand WSJ / FT / WSJ
Oil – Saudi Faces Summer Heat Challenge B *
Oil – More crude from Saudi Arabia, Iraq and Libya drove OPEC output up 160,000 bpd / r *
Oil – Middle East’s Advantage bi *
Oil – Why Prices Haven’t Gone Crazy BW *
Oil – US imports fell to a 29-year low in Q1 cd *
Oil – US Considers Lifting Export Ban WSJ / WSJ *
Oil – Mexico Outlines New Policies for Private Firms WSJ
Oil – Cars Drive China’s Demand as Industry Slows WSJ *
Which export makes the most money for every country GP *
