17 June 2015



Today’s Issue Cluster: Africa

China – ‘The Bubble Is Going to Burst’
Lighting – LEDs Become Competitive With Fluorescent Lights
H5N2 – Bird flu leads to cheaper chicken in US


MAJOR DATA POINTS

Japan – May: Exports Rise Less Than Forecast; +2.4% from +8.0% / B / R / AP / b *


MARKETS

China – Firms Put Cash to Work in Stocks WSJ *

China – Hedge fund industry blooms as stocks boom FT * *

China – ‘The Bubble Is Going to Burst’ B

HK – Bourse’s Perfect Rally at Risk as Trading Spike Ends B *


ECONOMICS

Africa – Economies to Grow 4.5% on Average in 2015 WSJ *

Africa – Sub-Saharan Economic Growth Rate to Stall in 2015 WSJ *

Africa – Sub-Saharan deal machine starts to stutter FT * *

Africa – Sub-Saharan debt boom comes to an end FT *

Africa – Nestlé cuts workforce as middle class growth disappoints FT * *

Africa – Badly run networks deny electricity FT * *

Africa – Commodity prices: No longer the kiss of death e *

Africa – Foreign Fears Take Toll on Tourism WSJ *

Africa – Leaders sign ‘Cape to Cairo’ free trade bloc deal AFP / FT * *

Africa – Falling crude price hits prospects for east FT *

Africa – Nigeria projected to hit $1t in GDP by 2030 / q *

Nigeria – OPEC-US Oil Tussle Takes Toll WSJ *

Nigeria – Needs Opec’s help to market its crude surplus FT *

Nigeria – The big oil fix FT / WSJ / AP * *

Nigeria – What the milk trade reveals about the country E *

South Sudan – Struggles to Survive WSJ *

Ethiopia – Neither a sprint nor a marathon E *

Kenya – Falling oil price adds spurt to grassroots FT *

Kenya – Walmart lines up for slice of retail FT * *

Rwanda – Chinese manufacturers move in as wages rise at home FT

Ghana – Reaches $1b deal with IMF FT * *

Zimbabwe – Signs look dire for economy FT * *

Zimbabwe – Ditches ‘worthless’ currency for the US dollar FT / B * *

Angola – Industrial sector counts the cost of cheap oil FT *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE

Insurance – Companies Playing a Game of Thrones WSJ *

Insurance – European companies build up capital FT *


REAL ESTATE



LABOR & EDUCATION



SERVICES

Ads – London’s digital groups hit by complex changing business FT * *

Ads – Apple to enable iPhone users to block FT

Ads – Snapchat looks to convert young user base into gold FT * * * *


MANUFACTURING

Lighting – LEDs Become Competitive With Fluorescent Lights NYT *

Lighting – Scientists Develop World’s Smallest Light Bulb WSJ *


TECH

Online – Chinese Shoppers Flock to Web WSJ *

Online – Alibaba Vs. Amazon: A Clash Of E-Commerce Titans IBD


TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT



HEALTH

H5N2 – Egg Prices Up, but Slowing Demand Prevents Shortages NYT

H5N2 – Bird flu leads to cheaper chicken in US AP


ENDNOTE

Greenland as big as Africa? Mercator projection 14x off vizual *


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