Today’s Issue Cluster: Energy Transport
Online – Wal-Mart counting on Latam success to drive US strategy
LEDs – China Elbows Its Way to the Fore
Japan – May: Exports Fell for First Time Since February 2013; -2.7% / B / WSJ *
US – Q1: Current account deficit widened to its widest since Q3 ’12; -$111b from -$87b / AP / r *
EMs – Ecuador, Kenya Government Bonds Entice Yield Hunters WSJ *
EMs – Investment Flows Take Pressure Off Governments WSJ *
UK – Sterling surges after Carney’s change of heart FT *
UK – Trade deficit, housing bubble and anaemic productivity growth threaten revival FT * * *
Iraq – Maliki Blames Saudis WSJ / r * *
RBNZ – Tightening Blunted as Australian Banks Cut Mortgage Rates B
RBNZ – McDermott Says Traders Mispricing Kiwi as Rates Increase B / SMH / wsj / FT * *
World – Shadow banks step into the lending void FT *
Australia – Has third highest house price-to-income ratio in the world: IMF ABC / SMH / Aus *
Online – Wal-Mart counting on Latam success to drive US strategy R *
Online – So You Want to Compete Against Amazon? jordan *
LEDs – China Elbows Its Way to the Fore NYT *
Pipeline – Northern Gateway: Canada Approves Oil-Sands Link to Pacific Coast WSJ / FT / NYT / B / FP / G&M / G&M *
Pipeline – Keystone: Canada Tries Turning Up Heat on Obama FT / B
Pipeline – Energy East: Keystone Gets Some Canadian Competition BW / CBC * * *
Pipeline – Merrick: British Columbia: LNG and the labor market R / R *
Pipeline – Seaway Twin: Canada set to reach US Gulf with heavy crude R *
Rail – California Says It Isn’t Ready to Handle Oil Boom B
Rail – BNSF to Continue Investments Related to US Oil Boom WSJ
Rail – After oil, natural gas may be next R *
Rail – Oil shipments from Western Canada to triple FP / CBC / G&M * * *
Mining – South Africa miners seem ready to end strike FT / FT / WSJ
Mining – Aluminum Cars Take Heat From ArcelorMittal’s CEO WSJ
Mining – Protectionist promises dominate Indonesia presidential debate R / R *
Oil – Islamist siege forces closure of north’s main refinery FT * *
Oil – Iraq Foretells Dystopian Future WSJ *
Oil – – China’s rising dependence on Iraq means turmoil can hit its companies WSJ *
Oil – IEA warns on Opec production risks FT / bi *
Oil – Russia’s $8b Trove Locked Without US Tech B
Oil – Upshot of US Boom: Fewer Shocks WSJ *
Pharma – Fake Antibiotics Feed Growing Worldwide Superbugs Threat B
Pharma – Drug Delays Cost US Health-Care Payers Millions WSJ *
The World Cup isn’t normally this exciting e *
