20 August 2015



Today’s Issue Cluster:



MAJOR DATA POINTS



MARKETS

Currencies – IMF Signals Yuan Won’t Become Reserve Currency for at Least a Year WSJ / FT / B

Currencies – Yuan Devaluation Brings Losses for Some WSJ *

Currencies – ‘Yuan Reform Merits Skepticism’ WSJ *

Currencies – Lose firepower as trade weapon FT * *


ECONOMICS

Indonesia – Weak employment reflects manufacturing woes N * *

Indonesia – Lower growth target still seen as optimistic N *


POLITICS & FISCAL POLICY

Indonesia – Boosts taxes on imported goods FT *

Indonesia – Sluggish growth raises questions about Widodo strategy N *


MONETARY POLICY

Fed – Divided Board Puts Yellen on Hot Seat WSJ / FT / NYT / AP / B / R

Fed – So Long September: Bond Traders Defer Their Date B *


FINANCE

Indonesia – Mobile Banking Struggles to Gain Traction WSJ *


REAL ESTATE



LABOR & EDUCATION



SERVICES

Luxury – Sales such as jewelry have rebounded in the US WSJ *

Luxury – Pricing Gaps Suppress China’s Appetite WSJ *


MANUFACTURING



TECH



TRADE & TRANSPORTATION

Ship – Giants Reduce Sailings on World’s Busiest Route WSJ

Ship – Growth Slows at US East Coast Ports WSJ

Ship – Greek Industry Extends Its Dominance WSJ * *


COMMODITIES

Water – El Niño May Bring Record Rain for California NYT

Water – Dry Spells Give Taste of Coming Conflicts B * *


ENERGY & ENVIRONMENT

Alt – Wind: Record order book for Vestas FT / B

Alt – Wind: First Offshore Farm in US Powers Ahead WSJ / NYT *

Alt – Wind: First US offshore farm is the test bed for a new industry E * *

Alt – Wind: Why the Dutch oppose windmills E *


HEALTH



ENDNOTE

Only four NFL stadiums are aligned north-south dv *


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