16 October 2014



Today’s Issue Cluster: Africa

Online – CBS to Offer Stand-Alone Web Subscription Service
US – Auto Loans: A Subprime Market Grows in the Shadows
Coffee – ICE arabica falls on forecast for rain in Brazil


MAJOR DATA POINTS

EU – Sep: Inflation Falls to Five-Year Low; 0.4% from 0.5% / WSJ *

US – Sep: Industrial Output Rises by Most Since November 2012; +1.0% from -0.2% / B / WSJ / R / cr *

US – Oct: Philly Fed shows manufacturers still growing; 20.7 from 22.5 / R *

US – Oct: NAHB Home-Builder Confidence Fell; 54 from 59 / WSJ / b *

US – Week: Jobless claims fall to lowest level in 14 years; -23k to 264k / R / WSJ / B / FT / AP *


MARKETS

Stocks – Bulls run for the exit FT * *

Stocks – After QE: Taking off the stabilisers FT *


ECONOMICS

Africa – Ebola impact an ‘economic embargo’: Sierra Leone AFP / wapo / wsj / nyt / Ind

Africa – Ebola escalation could trigger major food crisis AP

Africa – Lighting a dark continent E *

Africa – China still trumps the competition FT

Africa – China’s French graduates swap government jobs for adventure FT *

South Africa – Booming film industry boosts economy FT *

Mozambique – Former rebel closes in on favourite in poll race FT * *

Ivory Coast – Adds to rising flow of debt from ‘frontier markets’ FT * *

Nigeria – “Megachurches”: a hidden pillar of Africa’s top economy R

Nigeria – The other caliphate: Boko Haram taking territory E *


POLITICS & FISCAL POLICY

Ukraine – Sanctions noose begins to tighten on sanguine Russia FT

Ukraine – Russia’s defence budget hit by slowdown FT * * *

Ukraine – Fears frozen conflict could yield winter energy crisis FT / AFP


MONETARY POLICY

Fed – Economy growing at modest to moderate pace R / WSJ / B / AP

Fed – Rate expectations change faster than the data FT *

Fed – Slowing China Could Give Chills WSJ / AP *

Fed – QE worked in defiance of theory FT * *

Fed – Are Doves Mucking Unemployment Estimates? cfr *


FINANCE

US – Market Tumult Squeezes Big Banks WSJ * *

US – Auto Loans: A Subprime Market Grows in the Shadows BW *

US – ‘Wal-Mart Banking Makes A Lot Of Sense’ 538 * *


REAL ESTATE



SERVICES

Retail – Sales Falter Amid Signs of Global Slowdown WSJ *

Retail – Department stores fight back from online challenge R

Retail – Wal-Mart to Shift Spending Away From Big Stores WSJ / NYT / B

Retail – Homegrown firms rule the roost in China CD *


MANUFACTURING



TECH

Online – HBO to Launch Stand-Alone Streaming Service WSJ / R / NYT / FT / WSJ *

Online – CBS to Offer Stand-Alone Web Subscription Service NYT

Online – The Cable Bundle Is Slowly Coming Apart a *

Online – Netflix Reports Disappointing Number of New Users WSJ / B / FT / R *


TRADE & TRANSPORTATION



COMMODITIES

Sugar – Brussels lifts production quotas FT *

Coffee – ICE arabica falls on forecast for rain in Brazil R *

Tea – Indian producer sees drop in output due to erratic rainfall R *


ENERGY & ENVIRONMENT

Oil – Global Glut Sends Prices Plunging WSJ *

Oil – Winners and losers from plunge FT / NYT / FT / NYT

Oil – US output cuts could take a while R / B / B

Oil – Price Slump Is Double-Edged Sword for Asia WSJ * * *


LABOR & EDUCATION



HEALTH

Ebola – New Cases May Rise to 10k a Week by December WSJ / FT *

Ebola – Containment methods hurriedly exported worldwide FT

Ebola – China sends thousands of doses of jk-05 drug to Africa FT


ENDNOTE

Every Single Device Connected to the Internet time *


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