20 February 2015



Today’s Issue Cluster: MENA

Greece – German-Led Bloc Willing to Let Athens Leave Euro
Robots – In China, high demand but too many robot manufacturers
Dairy – The end of quotas frees efficient European farms to expand


MAJOR DATA POINTS



MARKETS



ECONOMICS

Morocco – Looks south as Europe stagnates FT *

Morocco – Economy on track for growth FT * *

Tunisia – Pointing ahead FT * * *

Libya – IS Gained Strength by Co-Opting Local Jihadists WSJ *

Libya – The four-year descent from Arab spring to factional chaos E *

Egypt – Struggling to revive its fortunes E *

Egypt – IMF sends ‘message of confidence’ for economic reforms FT * *

Egypt – Allows pound to reach record low against dollar FT * *

Egypt – On a mission to restore confidence in its economy FT * *

Saudi – Predicted to cut state spending after oil price fall FT *

Saudi – King Faces Economic Challenges as Reign Begins WSJ *

Gulf – Oil price fall leaves states with difficult reform choices FT * *

Iran – Importers struggle to access foreign currency FT *


POLITICS & FISCAL POLICY

Greece – Germans rebuff ‘Trojan horse’ FT / WSJ / R / NYT / B / FT *

Greece – German-Led Bloc Willing to Let Athens Leave Euro B

Greece – ‘Can Pay Its Debts in Full, but It Won’t’ WSJ *

Greece – Troubles Barely Ripple Its Neighbors WSJ *

Spain – Podemos’ populist surge FT * * *


MONETARY POLICY



FINANCE

NY – New Rules Spur a Humbling Overhaul of Wall St. Banks NYT / WSJ / NYT *

London – Investment banks face competition probe FT * * *


REAL ESTATE



SERVICES



MANUFACTURING

Robots – Softbank Bets on One for the Home WSJ *

Robots – Map radiation at Fukushima FT / FT * *

Robots – Step Into Brewery, Bakery Roles WSJ

Robots – In China, high demand but too many robot manufacturers R

Robots – Japan’s ‘muscle men’ reshaping industry N *


TECH



TRADE & TRANSPORTATION



COMMODITIES

Dairy – Chinese Dump Milk as Prices Fall WSJ *

Dairy – The end of quotas frees efficient European farms to expand E *


ENERGY & ENVIRONMENT

Oil – BP report predicts Opec comeback FT * *

Oil – Stockpiles swell but some traders take it as a cue to buy WSJ *

Oil – Pain Spreads to Saudi Arabia’s Energy Behemoth WSJ / E *

Oil – China Considering Mergers Among Its Big State Companies WSJ / FT / WSJ * * * *


LABOR & EDUCATION

US – Wal-Mart Raising Wages as Market Gets Tighter WSJ / FT / NYT / R * * *


HEALTH



ENDNOTE

The global stock market: 1899 vs. 2014 bi *


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