18 April 2016



Today’s Issue Cluster: Brazil

US – Auto and Student Debt Continue Rising
Textiles – CA minimum wage hike hits apparel industry
Oil – What Doha Couldn’t Do for Market, Kuwait Does by Accident


MAJOR DATA POINTS

US – Apr: NAHB Housing Market Index Steady; 58 from 58 / AP


MARKETS

Brazil – Stocks Extend 23% Rally as `Time of Opportunity’ Seized B *

Brazil – Rousseff’s misfortune energises markets FT

Brazil – Petrobras’s Best-in-the-World Rally Comes With Risks B * *


ECONOMICS

Brazil – Boom-Era Missteps Now Haunt Economy wsj *

Brazil – Economic collapse / t *

Argentina – Launches bond comeback roadshow FT *

Argentina – Macri Prescribes Tough Economic Medicine WSJ *

Argentina – Reforms so far have been painful E *

Venezuela – Declares Every Friday a Holiday to Save Electricity B / R *

Cuba – Hard Realities Cloud Dreams of Businesses to Enter Country WSJ *

Puerto Rico – The other crisis: impoverished pensions R * *

Mexico – TPP will make nation a more formidable competitor to China N *

LatAm – Suffers From End of Commodities Boom WSJ *


POLITICS & FISCAL POLICY

Brazil – Rousseff Impeached NYT / WSJ / FT / B / R

Brazil – Once a Savior, Lula Is Tarnished WSJ *

LatAm – Hacker rigged elections for almost a decade BW / E


MONETARY POLICY



FINANCE

Brazil – Banks have shrugged off the country’s recession—for now E * *


REAL ESTATE



LABOR & EDUCATION

US – Auto and Student Debt Continue Rising FedStL *


SERVICES



MANUFACTURING

Textiles – CA minimum wage hike hits apparel industry LAT

Textiles – US Industry Turns to Tech as Gateway to Revival NYT *


TECH



TRADE & TRANSPORTATION



COMMODITIES

Bananas – Scramble to safeguard future FT *

Walnuts – Prices tumble despite strong demand ft *

Wine – South Africa faces poor harvest FT * *


ENERGY & ENVIRONMENT

Oil – No Agreement on Freeze WSJ / FT / NYT / B *

Oil – Doha producers pump 47 mbpd / B *

Oil – Opec has grounds to doubt the sincerity of its partners B *

Oil – How 315 Billion Petrodollars Evaporated B *

Oil – Moody’s Ratings Downgrades Become Another Thorn WSJ *

Oil – Lower US supply to underpin price despite talks failure AP

Oil – What Doha Couldn’t Do for Market, Kuwait Does by Accident B *

Oil – 1980s Redux B * *

Oil – Demand Could Create Another Super-Cycle by 2030 B *


HEALTH



ENDNOTE

Country flags: Red, white and blue most popular combo *


Comments are closed.