Archive for November, 2014

1 December 2014

Sunday, November 30th, 2014



Today’s Issue Cluster: US Retail

Internet – Everybody wants to rule the world
Oil – Why cratering prices may not crush shale producers
Europe – Relief in capitals at ‘reasonable’ UK plan to reduce immigration


MAJOR DATA POINTS

Japan – Oct: Core CPI Slows; 0.9% from 1.0% / WSJ / FT * *

China – Nov: Official PMI slips below forecast; 50.3 from 50.8 / R / WSJ / B / X *

India – Q3: Economic Growth Slows; +5.3% from +5.7% / WSJ / FT / NYT

EZ – Nov: Weak Inflation Raises Pressure on ECB; 0.3% from 0.4% / B / WSJ / NYT / R *

EZ – Non: Markit Manufacturing Expansion Grinds to a Halt; 50.1 from 50.6 / WSJ *

Germany – Nov: Markit Manufacturing Slump Pulls Euro Area Near Stagnation; 49.5 from 51.4 / B *

Brazil – Q3: Crawls out of recession; +0.1%, -0.2% yr / FT / WSJ

US – Nov: ISM Manufacturing Index Slows Slightly; 58.7 from 59.0 / WSJ / B / R *


MARKETS



ECONOMICS

World – Fresh Signs of a Global Slump WSJ / E * *


POLITICS & FISCAL POLICY

Taiwan – Premier Resigns After Landslide Defeat WSJ / FT / NYT / R / AP / B / WSJ / FT


MONETARY POLICY

World – Swiss Voters Reject Initiative on Central-Bank Gold WSJ / B / WSJ *

World – India scraps gold import restrictions FT / WSJ


FINANCE

Cards – Rewards: The Deals Get Sweeter WSJ *

Cards – Prepaids Face More Oversight WSJ *


REAL ESTATE

US – Soft New-Home Sales Weigh on Recovery WSJ *

US – Mortgage Lenders Set to Relax Standards WSJ *


SERVICES

Retail – Total Spending Fell 11% for Four-day Period, NRF Says WSJ / NYT *

Retail – Sales edge down at start of season: ShopperTrak R / FT

Retail – Online Sales Jump 22% B

Retail – Early opening eases US Black Friday rush WSJ / FT / NYT / R / NYT / B *

Retail – A Mix of Hope and Fear WSJ * *

Retail – Savings Rate Portends Healthy Holiday Spending WSJ *

Retail – Black friday mentions on the Bberg terminal / b *

Retail – “Black Friday” Mentions as a Percent of All Wire Stories / b *

Retail – Wal-Mart and Target Take Fight to Amazon WSJ

Retail – Surge of shoppers brings Black Friday chaos to UK FT / wsj / NYT / FT / WSJ

Retail – The End of the Impulse Shopper WSJ ** *

Retail – Accessories Are the Latest Fashion for Investors WSJ *


MANUFACTURING



TECH

Internet – European Parliament Approves Google Breakup Resolution FT / WSJ / NYT / R / FT / R / B / R / FT / WSJ / B

Internet – China charges Microsoft $140m for tax ‘evasion’ FT

Internet – Europe Targets U.S. Web Firms WSJ *

Internet – Everybody wants to rule the world E * *


TRADE & TRANSPORTATION

WTO – Reaches Deal to Modernize Global Trade WSJ / R

EU/US – Trade talks delay upsets Italy FT


COMMODITIES



ENERGY & ENVIRONMENT

Oil – Opec Leaves Production Target Unchanged WSJ / NYT / R *

Oil – Energy Quakes as Opec Stands Pat WSJ / FT / B / WSJ *

Oil – Opec’s Twist of Faith for Investors WSJ / NYT *

Oil – Opec may go into hibernation, reports of its death are exaggerated R *

Oil – Opec tests the mettle of US shale industry FT / R *

Oil – Opec Policy Ensures US Shale Crash, Russian Tycoon Says B / FT

Oil – Why cratering prices may not crush shale producers MW *

Oil – Here Comes $60 B / B *

Oil – Nikkei: Prices are in for a protracted slump N *

Oil – Plunge is threat and boon to global economies AP / FT / G&M / B / nyt / FT *

Oil – Isis threatens future oil supplies, warns IEA FT * *


LABOR & EDUCATION

Europe – Swiss voters reject immigration curbs FT / WSJ / NYT

Europe – Study Finds Germany is Benefitting From Immigration WSJ

Europe – Relief in capitals at ‘reasonable’ UK plan to reduce immigration FT / FT / B

Europe – Cameron plans benefits block to stem flow of EU migrants FT / WSJ / B / WSJ

Europe – Net UK migration surges 43% FT * *

Europe – Attitudes to migration and where migrants live ft *


HEALTH



ENDNOTE

Keyboard-shaped waffle iron cnet *


26 November 2014

Tuesday, November 25th, 2014



Today’s Issue Cluster: Oil

Ukraine – Europe feels sting of sanctions
Ukraine – Western banks weather slump in Russian dealmaking
Cybersecurity – Regin world’s most advanced hacking spyware let loose


MAJOR DATA POINTS

US – Oct: New-Home Sales Rose; +0.7%, +1.8% yr / WSJ / R / B *

US – Oct: Core capital goods orders fall for second month; -1.3% from -1.3% / R / WSJ / B / AP *

US – Oct: Consumer Spending Up; +0.2% from flat / WSJ / B / R / AP *

US – Nov: UMich consumer sentiment revised down; 88.8 was 89.4 / R / B *

US – Week: Jobless Claims Increase to Almost Three-Month High; +21k to 313k / B / WSJ *


MARKETS

Stocks – The bull case for European equities FT *

Stocks – American bulls in charge FT * * *


ECONOMICS

US – Growth Keeps Looking Better WSJ / FT * *

US – Lower oil prices cut two ways FT *

US – Americans Borrowing More Briskly for Cars, Homes WSJ / AP *


POLITICS & FISCAL POLICY

Ukraine – After brushing aside sanctions and oil prices, ruble fall alarms FT * * *

Ukraine – Russia Braces for ‘Catastrophic’ Drop in Oil Prices B / B

Ukraine – Putin Ally Sees Further Ruble Weakening WSJ / R

Ukraine – Russia Shuns Dollar, Strengthens Ties with China WSJ *

Ukraine – Russian aggression revives sanctions support FT / R / FT

Ukraine – Russian economy: The end of the line E *

Ukraine – It is really that bad for Kiev E / E * * *

Ukraine – Europe feels sting of sanctions R *

Ukraine – German businesses suffer as sanctions bite FT / WSJ / S * * *

Ukraine – Who Won in Putin’s Feud With West? Organic Farms NYT

Ukraine – Western banks weather slump in Russian dealmaking R *


MONETARY POLICY



FINANCE

US – Banks Show Continued Strength FT *

US – Fed asks whether it is too close to banks FT / WSJ / FT / WSJ / NYT / B / WSJ *


REAL ESTATE

US – Foreclosure Backlog Slows Housing Recovery in Some States WSJ / wsj *

US – Rental Apartment Construction Is At a 27-Year High wsj * *

US – AIA billings index shows slower expansion cd *


SERVICES

Delivery – GoPro Developing Line of Consumer Drones WSJ /

Delivery – NTSB Drone Rules are Aircraft and Subject to FAA Rules WSJ

Delivery – FAA’s Planned Drone Rules Seen Precluding Use for Deliveries WSJ


MANUFACTURING



TECH

Cybersecurity – US agencies struggle vs. attacks AP

Cybersecurity – Regin world’s most advanced hacking spyware let loose FT / wsj / cnet *


TRADE & TRANSPORTATION



COMMODITIES



ENERGY & ENVIRONMENT

Oil – Opec Nearing Compromise on Supply Cuts WSJ / NYT / B / FT

Oil – Saudi Arabia signals no Opec output target change FT * *

Oil – Opec’s other problem: weak demand r * * *

Oil – Russia Won’t Cut Production to Support Prices WSJ

Oil – Opec facing a prolonged stretch of lower prices FT / R / WSJ / B / FT / B / WSJ * * *

Oil – Control of Syrian Fields Fuels War Between Kurds and IS WSJ *

Oil – Boom Returns to Gulf After Deepwater Horizon Disaster WSJ *

Oil – Osborne pressed to reform taxes or see UK decline FT * *

Oil – Crude slide sparks debt fears FT * *


LABOR & EDUCATION



HEALTH



ENDNOTE

The chances of survival of individual chess pieces quora *


25 November 2014

Monday, November 24th, 2014



Today’s Issue Cluster: Power Generation

Mobile – The Electronic Payment Wave
E-Cigs – Boom sparks race for new patents
Aluminum – Splintering of global price becoming more acute


MAJOR DATA POINTS

Germany – Q3: Jump in private consumption avoids recession; +0.1% was +0.1% / R / B * *

US – Q3: GDP Revised Up; +3.9% was +3.5% / WSJ / R / AP / FT / B * *

US – Sep: Case-Shiller property values increased; +4.9% from +5.6% / B / WSJ * *

US – Nov: ConfBd consumer confidence falls to lowest since June; 88.7 from 94.1 / R / B / AP *


MARKETS

Bonds – EU yields smash records on QE hopes FT * *

Bonds – Blue-chip issuers cannot meet demand FT *

Bonds – Yield Premium on Corporate Debt Widens WSJ *

Bonds – Spice island is case study in debt traps FT * *

Bonds – Islamic finance gains global momentum N *

Bonds – US Interest Rates At Historic Low bi *


ECONOMICS

World – Business Optimism Turns Down wsj *

World – IMF and World Bank warn of ‘peak trade’ FT * *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE

Mobile – The Electronic Payment Wave IBD

Mobile – Apple Pay Moves World Closer to Acceptance WSJ / NYT *


REAL ESTATE



SERVICES

E-Cigs – Reduce cravings and help people quit smoking, study finds wapo

E-Cigs – Boom sparks race for new patents R *

Cigs – China Considers Advertising Limits, Public-Smoking Ban WSJ

Pot – Mapping America’s marijuana laws e *


MANUFACTURING



TECH

Telecoms – Spectrum Auction Serves Up Dish WSJ / FT * *

Telecoms – BT in Talks to Buy Telefónica’s UK Unit WSJ / FT * *


TRADE & TRANSPORTATION



COMMODITIES

Aluminum – EU energy costs turn up heat on sector FT * *

Aluminum – Splintering of global price becoming more acute r *

Aluminum – Is the production cycle starting to turn? R *

Aluminum – Ford in vanguard of revolution FT / AP / FP *


ENERGY & ENVIRONMENT

Power – EU: German plea to Sweden over threat to coal mines FT

Power – EU: New energy chief shifts focus to building common market FT *

Power – EU: UK manufacturers warn of shutdowns amid energy measures FT

Power – EU: Franco-Spanish energy spat tests Brussels FT * * *

Power – EU: Flows would boost efficiency but progress is slow FT * *

Power – China: Nuclear IPO Risks Fading Afterglow WSJ *

Power – Japan: Bid to forge national grid stumbles R *

Power – US: Hacker, Terrorist Threats Spur Bases to Build Own Grids WSJ *

Power – US: Utilities mimic the tech industry to make systems more resilient E *

Power – US: Energy Regulators Say EPA’s Climate Rule Poses Grid Challenges WSJ

Power – US: Electric Utilities Get No Jolt From Gadgets, Improving Economy WSJ *

Power – US: Electric rates per utility districts motw *


LABOR & EDUCATION



HEALTH



ENDNOTE

The second-largest religion in each state wapo * * *


24 November 2014

Sunday, November 23rd, 2014



Today’s Issue Cluster: Carbon Policy

PBOC – Rate Cut Favors Big Fish
China – Property, manufacturing woes help trim shadow banking
China – Early signs of a floor under sinking property market


MAJOR DATA POINTS

Germany – Nov: Ifo Business Sentiment Rises Unexpectedly; 104.7 from 103.2 / WSJ / B *


MARKETS



ECONOMICS

China – Rate cut unlikely to halt slowdown, say analysts FT / FT

China – Property stocks soar, bank stocks slump / b *

China – Half of the provinces deserve junk ratings, S&P warns FT / WSJ * *


POLITICS & FISCAL POLICY



MONETARY POLICY

PBOC – Cuts Interest Rates WSJ / FT / NYT / R / B / AP / e / WSJ * *

PBOC – Rate Cut Favors Big Fish WSJ / WSJ / X *

ECB – Draghi Says Ready to Expand Stimulus WSJ / FT / NYT / WSJ *

World – Central Banks Move to Boost Global Growth WSJ *

World – What Big Economies Got Right, or Wrong, After Crisis WSJ *


FINANCE

China – Rate cut puts pressure on lenders FT / R / B

China – Financial System Shows Fresh Signs Of Stress WSJ / B / WSJ / b *

China – Property, manufacturing woes help trim shadow banking R

China – Loan ‘Guarantee Chains’ Prove Flimsy WSJ


REAL ESTATE

China – Early signs of a floor under sinking property market R *


SERVICES

Retail – US stores move Black Friday sales push online FT

Retail – Black Friday Is No Sure Indicator of Holiday Sales WSJ *


MANUFACTURING

3D Printing – Regulatory concerns hold back on safety FT * *

3D Printing – Surgeons embrace implants to save NHS time and cash FT *


TECH

Telecoms – US: Airwave Auction Bids Reach $34b WSJ / NYT *

Telecoms – EU: Merger Talk Reaches Fever Pitch WSJ *

Telecoms – EU: A Bet on Data, Investment in 4G Infrastructure WSJ *

Telecoms – EU: Juncker wants a single market FT * * * * *


TRADE & TRANSPORTATION

Rail – Utilities Press for Speedier Coal Deliveries WSJ / FT *

Rail – Canada to Limit Farmers’ Orders WSJ


COMMODITIES



ENERGY & ENVIRONMENT

Carbon – Hedge Funds Bet on Coal-Mining Failures WSJ

Carbon – Coal Rush in India Could Tip Balance on Climate Change NYT

Carbon – China to Place Limit on Coal Use in 2020 NYT / r *

Carbon – Car-Driving Dream Faces China’s Reality B *

Carbon – Should the US Take Unilateral Action? WSJ *

Carbon – Capture faces viability struggle FT

Carbon – World Bank warns of climate perils FT / B * *


LABOR & EDUCATION

China – Wages Policy Backfires as Costs Prompt Sock-City Blues B


HEALTH



ENDNOTE

What do New Yorkers complain about? am *


21 November 2014

Thursday, November 20th, 2014



Today’s Issue Cluster: India

Fish – Global production has jumped 80% over the past 20 years
Oil – Output Cuts Unthinkable for OPEC Have Nots
Drugs – The great American relapse


MAJOR DATA POINTS

X


MARKETS

Rupee – Falls to Nine-Month Low WSJ


ECONOMICS

India – Falling Commodity Prices Lift Economy WSJ

India – Economic windfall as global growth slows FT *

India – Start-up sector poised to take-off FT * *

India – Modi seeks to revive ‘zombie factories’ R

India – Companies fret over debt levels FT

India – Modi-mania boosts stock markets FT *

India – The Battle for Global Manufacturing with China BW * *


POLITICS & FISCAL POLICY

India – Border Standoff with China WSJ * * *

India – Modi Presses Reform WSJ *


MONETARY POLICY

RBI – India’s Inflation Monster Not Tamed Yet WSJ / B *


FINANCE

India – Strong demand fuels the renaissance of microfinance FT * *


REAL ESTATE



SERVICES

Retail – India: A long way from the supermarket E * *


MANUFACTURING



TECH

Cybersecurity – NSA Director Warns of ’Dramatic’ attack in Next Decade WSJ

Cybersecurity – Financial Firms Bolster Budgets WSJ *


TRADE & TRANSPORTATION



COMMODITIES

Fish – Consumption of farmed seafood grows amid sustainability concerns FT * * *

Fish – Global production has jumped 80% over the past 20 years N *

Fish – Lobster farming a step closer ABC


ENERGY & ENVIRONMENT

Oil – Output Cuts Unthinkable for OPEC Have Nots B / B *

NatGas – Chill Pushes Up Prices WSJ *

NatGas – Russia-China Deal Bad for Australian Producers WSJ *


LABOR & EDUCATION

US – Obama to Protect 5m From Deportation WSJ / FT *

US – Obama’s Immigration Plan Seen Impacting Wages, Job Moves WSJ / FT * *

US – Undocumented Immigrant Population Levels Off WSJ *

US – Wave of Immigrants Resurges WSJ *

EU – Migrants Blocked From UK Spark Tension in France WSJ *


HEALTH

Drugs – Use at Work Roils Firms WSJ *

Drugs – The great American relapse E * * * *

Drugs – How cocaine conquered the world e * *


ENDNOTE

Societies in harsh environments more likely to believe in moralizing gods ann *


20 November 2014

Wednesday, November 19th, 2014



Today’s Issue Cluster: Ads

Retail – Lower gas prices won’t raise holiday spending: Poll
Crops – Sugar: Unwrapping the sweet science of pricing
HigherEd – Fewer US High School Graduates Opt for College


MAJOR DATA POINTS

Japan – Oct: Exports Rise Most in Eight Months; +9.6% / B / AP *

China – Nov: HSBC Factory Gauge Falls to Six-Month Low; 50.0 from 50.4 / B / WSJ / AP / X *

EZ – Nov: Markit PMI slows to 16-month low; 51.4 from 52.1 / FT / B / WSJ / AP ft *

US – Oct: NAR Existing Home Sales Rise; +1.5%, +2.5% yr / WSJ / R / B *

US – Oct: Core CPI Rises More Than Forecast; +0.2% from +0.1% / B / R / WSJ *

US – Oct: ConfBd Leading Indicators Rise More Than Forecast; +0.9% from +0.7% / B / AP

US – Week: Jobless Claims Fall; -2k to 291k / WSJ / R *


MARKETS

Currencies – Naira: Nigeria battles looming currency crisis FT * *


ECONOMICS

Nigeria – Naira-naira land FT / B * *

Africa – Sale of Chi Farms highlights appetite for food sector FT * *


POLITICS & FISCAL POLICY

Japan – LDP Expected to Lose Seats in Election WSJ *

Japan – Consumers Feel Squeezed, and That’s a Problem for ‘Abenomics’ WSJ *

Japan – Still lacks wage-fueled growth N *

Japan – Test is for buyers to get growth for their money FT *

Japan – Yen weakness challenges other central banks FT *


MONETARY POLICY

Fed – Minutes show easy decision to end QE FT / WSJ / NYT / R / AP / B

Fed – Dual Mandates Clash as Jobless Drop Vies With Inflation B / WSJ *

BOE – Carney’s Majority Shows Cracks on Inflation ConcernsB / WSJ / FT / AP

SR – Sweden’s central bank: Stockholm syndrome FT * * *


FINANCE



REAL ESTATE



SERVICES

Retail – Target US sales beat expectations WSJ / R / B * *

Retail – Lower gas prices won’t raise holiday spending: Reuters Poll R *

Online – A Bend in Amazon’s E-Commerce River WSJ *

Online – Amazon Robots Get Ready for Christmas WSJ *


MANUFACTURING

Tractors – Makers feel the pinch as farm commodity prices fall FT / R * *


TECH

Ads – More Time Now Spent Viewing Phones Than TVs BW * *

Ads – Rivals Slow Google’s Money Machine WSJ / q * *

Ads – Google Is Getting Cheaper / statista *

Ads – Tied to Web Searches Criticized as Deceptive WSJ *

Ads – The wider world web e *

Ads – Big Media’s Big Problem WSJ *

Ads – TV Sales on Shaky Ground WSJ

Ads – China’s Top Broadcaster Faces Changes in Viewership WSJ *


TRADE & TRANSPORTATION



COMMODITIES

Crops – Coffee: Price rise tests consumer appetite FT * *

Crops – Cocoa: Chocolate Eaters Drive Record Output Deficit B

Crops – Sugar: Unwrapping the sweet science of pricing r * *


ENERGY & ENVIRONMENT



LABOR & EDUCATION

HigherEd – Lenders Shift to Help Struggling Student Borrowers WSJ *

HigherEd – US College Borrowing Drops 8% WSJ *

HigherEd – Fewer US High School Graduates Opt for College NYT *

HigherEd – New on Campus: The 3-Year Degree WSJ *

HigherEd – Surprising Findings on Two-Year vs. Four-Year Degrees WSJ *


HEALTH



ENDNOTE

The most Republican and Democratic names vox * *


19 November 2014

Tuesday, November 18th, 2014



Today’s Issue Cluster: Mobiles

Asia – Economies Face Falling Inflation Rates
Asean – Banks jostle for position as area integrates
Ebola – World Bank dramatically reduces projection of economic toll


MAJOR DATA POINTS

US – Oct: Housing Starts Down on Multifamily Drop; -2.8% from +7.8% / WSJ / B / R / cr *


MARKETS



ECONOMICS

Indonesia – Plays Legal Hardball WSJ *

Thailand – Generals outwit ‘team US’ N *

Myanmar – Shift Corners Suu Kyi WSJ / FT

Vietnam – Minimum wages jump 17-fold over 15 years N *

Philippines – Automakers wait as officials mull industry subsidies N *

Fiji – Attracts Old Friends as China’s Clout Grows WSJ *

Asia – Economies Face Falling Inflation Rates WSJ *

Asia – Singapore has some seriously good English speakers N *


POLITICS & FISCAL POLICY

Japan – Abe delays tax rise and gambles on snap election FT / B / AP / R / WSJ / NYT / N *

Japan – Readies for election but asks ‘why?’ FT * *

Japan – Abe’s Tax Delay Launches Aggressive Stimulus Plan WSJ / B

Japan – BOJ warns inflation could fall below 1% FT / WSJ / NYT / B / WSJ / N *

Japan – Okinawa’s Reinvention Enters Next Phase WSJ *


MONETARY POLICY

BI – Indonesia Raises Key Rate After Fuel-Price Increase B / WSJ / FT / R / NYT


FINANCE

Asean – Prospect of a massive, integrated market presents a golden opportunity N / N *

Asean – Banks jostle for position as area integrates N *


REAL ESTATE

China – Home Price Drops in All But One City B / WSJ / FT * *

China – Select Global Home Price Trends / b *

China – Faces debt crunch as property values fall FT


SERVICES

Delivery – UPS plans to bundle to cut costs FT / WSJ

Delivery – Holiday Onslaught Comes Earlier for UPS, FedEx WSJ *

Delivery – Amazon Is Testing Taxis WSJ

Delivery – Royal Mail blames Amazon network for fall in profits FT

Delivery – Retailers and Shippers Retool for the Holiday Season NYT


MANUFACTURING



TECH

Mobiles – Nokia takes on Apple with tablet device FT / WSJ / R / NYT *

Mobiles – Nokia turns to Silicon Valley for its next pitch to consumers FT * *

Mobiles – Samsung Plans to Reduce Smartphone Models by Up to 30% WSJ / FT

Mobiles – Taiwanese chip designer spawns low-priced smartphone boom R

Mobiles – Foxconn Profit Rises on iPhone Demand WSJ *

Mobiles – Apple Watch starts countdown on face off with Swiss industry FT * * * *

Mobiles – Lenovo Says ‘Hypergrowth’ in China Smartphones Ending B

Mobiles – Xiaomi Makes a Profit on Its Cheap Smartphones WSJ *


TRADE & TRANSPORTATION

Ship – A New Traffic Jam Hits LA WSJ *

Ship – Maersk Line Seeks to Cut Unprofitable Contracts WSJ


COMMODITIES

Gold – Rush in Ohio? WSJ *

Gold – The Fund that Reshaped the Market WSJ *

Gold – Falling supply a beacon for price recovery r * *

Platinum – Producers Plan to Polish Up Precious Metal WSJ

Platinum – Electricity From Fuel Cells Sparking Demand B


ENERGY & ENVIRONMENT



LABOR & EDUCATION



HEALTH

Avian Flu – First Outbreak of in UK Since 2008 Confirmed WSJ / FT / R / NYT / *

Ebola – World Bank dramatically reduces projection of economic toll FT

Ebola – West African Mining Projects Take Hit WSJ

Ebola – For West Africa, Crisis Requires a Juggling Act WSJ *


ENDNOTE

America’s favorite ‘bad’ movies wapo *


18 November 2014

Monday, November 17th, 2014



Today’s Issue Cluster: Oil

World – Poor increasingly do not need banks
Cigs – Tobacco companies feel the heat as emerging markets burn out
Data Centers – Amazon Moves to Extend Cloud-Computing Dominance


MAJOR DATA POINTS

Thailand – Q3: Economy Posts Skimpy Growth; +0.6% from +0.4% / WSJ *

Germany – Nov: ZEW Investor Confidence Rebounds; +11.5 from -3.6 / B / AP / AFP *

US – Oct: Producer Prices Rise; +0.2% from -0.1% / WSJ / B / AP *

US – Nov: NAHB Home-Builder Confidence Rose; 58 from 54 / WSJ / B *


MARKETS

Bonds – Anatomy of a market meltdown FT * *

Bonds – Muni revival built on shaky foundations FT * *

Bonds – Touch of fear fails to damp appeal of Nordics FT * *


ECONOMICS



POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE

World – Banks count the risks and rewards FT * * *

World – Poor increasingly do not need banks E * *


REAL ESTATE



SERVICES

Cigs – Tobacco companies feel the heat as emerging markets burn out FT *

Cigs – Reynolds launching heat-not-burn cigarette AP / WSJ *

E-Cigs – Use by Teens Rising WSJ / AP *

Pot – US legalization not in line with international law: UN R

Pot – Seen Changing Brain Behavior in Young Users B


MANUFACTURING



TECH

Data Centers – Amazon Moves to Extend Cloud-Computing Dominance NYT / B

Data Centers – Collect Big Tax Breaks WSJ *


TRADE & TRANSPORTATION



COMMODITIES

Land – Older Owners Get Incentives to Farm Out Parcels WSJ *

Land – Farm Prices Drop in Parts of Midwest WSJ / WSJ / R *


ENERGY & ENVIRONMENT

Oil – Deals Return After Price Plunges, as Halliburton Moves First B / FT / WSJ / AP / NYT / WSJ * * *

Oil – Low price makes deals appealing, but not all can afford it R *

Oil – Price Rout Seen Deepening by IEA B / R / WSJ / FT

Oil – Falling Prices Test OPEC Unity WSJ / B *

Oil – No easy options for OPEC WSJ / FT

Oil – Africa industry refocuses priorities FT

Oil – Dive set to transform LNG market FT * * *

Oil – Lower Prices Give a Lift to the American Economy NYT

Oil – US set to export more condensate FT

Oil – Republicans plan energy policy revolution FT

Oil – Will the Saudis drive US shale out of business? r *

Oil – Shale Drillers Keep Output High Despite Price Decline B

Oil – Letter from ND: The Party Rocks On R *

Oil – ND to Require Producers to Treat Crude Before Shipping WSJ / AP

Oil – Fracking Boom Spurs Demand for Sand and Clouds of Dust B

Oil – Keystone Left Behind as Canadian Oil Pours Into US B

Oil – Alberta’s boom had strong impact on Canada’s wealth CBC *

Oil – A new Mexican revolution E / FT *

Oil – Petrobras Scandal Widens WSJ *


LABOR & EDUCATION



HEALTH

Pharma – Allergan-Actavis deal follows battle for soul of industry FT / WSJ / NYT / FT * * *


ENDNOTE

DC Property Values in 1880: Prime Spot was Midpoint on Pennsylvania Ave motw *


17 November 2014

Sunday, November 16th, 2014



Today’s Issue Cluster: Net Neutrality

EU – Greece: Eurozone’s top Q3 performer
ECB – Warned euro zone inflation, growth to be lower than expected
China/Australia – Pact Set to Deliver Relief for Coal Mines


MAJOR DATA POINTS

Japan – Q3: GDP Falls Into Recession; -1.6% from -7.3% / WSJ / NYT / AP / R / FT / B / AP *

EZ – Sep: Exports Jump; +4.2% / WSJ / AFP

US – Oct: Industrial Production Slips; -0.1% from -0.8% / WSJ / B / R / ft *


MARKETS

EU – European Investors Show Faith in ECB WSJ *


ECONOMICS

EU – Eurozone GDP Shows Meager Expansion WSJ * *

EU – Inflation to Remain Low, ECB Survey Shows WSJ

EU – Takes Aim at Deals Created to Escape Taxes NYT *

EU – Germany: Merkel Coalition Unveils Balanced Budget in Snub to US B

EU – UK: Rising Fringe Threatens Leader in Vote WSJ *

EU – UK: Buoyant Alex Salmond eyes Westminster prize FT / B / FT * *

EU – Italy: Post-it premier hopes reforms stick FT / E * * * *

EU – Greece: Eurozone’s top Q3 performer FT / WSJ / e * * * *

EU – Central Europe: Still Playing Catch-Up WSJ *


POLITICS & FISCAL POLICY

Japan – Voters Choose Opponent of New US Base as Okinawa Governor WSJ / FT / B

Japan – Risks Credibility By Delaying Tax Rise, Bankers Say WSJ

Japan – Falls Into Recession WSJ / NYT / AP / R / FT / B *

Japan – Prepares Stimulus B / WSJ *

Japan – Abenomics’ direction uncertain after GDP shock FT * * *

Japan – ‘Megabanks’ Post Unsteady First-Half Results WSJ

Japan – Weak yen fuels industry FT *


MONETARY POLICY

ECB – Warned euro zone inflation, growth to be lower than expected R * * *

ECB – Unites on Possible Further Stimulus WSJ / B / NYT *


FINANCE



REAL ESTATE



SERVICES

Retail – US Consumers Get Pumped Up WSJ *

Retail – US Sales Poised for a Holiday Run WSJ *

Retail – Ho-Ho-Hopes Could Get Ahead of Reality WSJ *

Retail – US stores running on empty FT *

Retail – Low oil price energises consumer discretionary stocks in the US FT


MANUFACTURING



TECH

Net Neutrality – Cisco chief warns on Obama web plans FT

Net Neutrality – AT&T to pause fiber spending on uncertainty R / IBD

Net Neutrality – Could Give Comcast an Out in Time Warner Deal NYT / FT

Net-Neutrality – Debate Splits Telecom Industry WSJ / BW

Net Neutrality – FCC Chief Squeezed by Obama, Republicans WSJ

Net Neutrality – Strife in the fast lane FT * * *


TRADE & TRANSPORTATION

China/Australia – Pact Set to Deliver Relief for Coal Mines B / R / AP / B / WSJ / FT * * *

WTO – India, US Reach Agreement on Food Stockpiling WSJ / R / NYT / FT *

WTO – Breakthroughs fail to mask serious structural problems FT

TTIP – Merkel urges Europeans to speed up talks with US R

US – Obama Looks to Jump-Start Export Push WSJ *


COMMODITIES



ENERGY & ENVIRONMENT

Coal – Glencore to Temporarily Shut Australian Mines WSJ

Coal – India, China Growth Could Aid Rebound, Peabody CEO Says WSJ

Coal – Japanese tech breathing new life into resource N

Coal – China rolls out measures to lift sagging industry X


LABOR & EDUCATION

EU – UK Adds One Job for Each Lost in Euro Area B *


HEALTH

Dengue – Outbreaks Strike Asia WSJ

Dengue – Researchers in Military Weigh Infecting Volunteers WSJ *

Ebola – First treatment trials to start in west Africa AFP *

Ebola – The virus is claiming new victims—African tourism and football E *


ENDNOTE

Highest-ranked national sports teams by country reddit *


14 November 2014

Thursday, November 13th, 2014



Today’s Issue Cluster: China



MAJOR DATA POINTS

EZ – Q3: Shows Meager Expansion; +0.2% from +0.1% / FT / NYT / WSJ / AP / B / R *

US – Sep: Retail sales point to more spending; +0.3% from -0.3% / B / WSJ / R *

US – Nov: UMich consumer sentiment up; 89.4 from 86.9 / B / R *

US – Sep: Import Prices Drop; -1.3%, -1.8% yr / WSJ *

US – Sep: Business inventories rose; +0.3% from +0.1% / R *


MARKETS

Currencies – Yuan: Hong Kong banks compete for offshore renminbi FT *

Currencies – Yuan: Chinese, Canadian central banks agree to swap R *

Currencies – Yuan: Rise of the renminbi R * * *


ECONOMICS

China – Slowdown Deepens as Targeted Stimulus Fails to Spur Loans B / FT / b *

China – Slowdown Hits Consumers WSJ / WSJ / WSJ * * *

China – Growth in danger of slowing more sharply FT / WSJ / r / B / AP / FT * *

China – Industrial output, investment and retail sales growth lower / b *

China – Electricity flat lining at +1.9%, cement production crumbles to -1.1% / b *

China – Exports to HK up 24%? b *

China – Regions Show Economies Differ as Slowdown Deepens B

China – Animal Spirits Indicators show slowdown across spectrum / b *

China – Dismal Canton Fair bodes ill for exports N

China – Economic Slowdown Reflected by Multinationals WSJ / R *

China – No Longer Business as Usual NYT / NYT

China – Anti-corruption push may drive wealthy overseas FT

China – ‘Potential Outstripping 1950s Japan Is Reform Prize’ B

China – A Pimco Bet on Debt, Via Credit-Default Swaps WSJ *

China – Opens Door Wider to Foreign Investors WSJ * *

China – Sees Itself at Center of New Asian Order WSJ / NYT / AP / R * * *

China – Takes Carrot-and-Stick Approach to Dealing With Neighbors WSJ * *

China – Studying new Silk Road rail link to Pakistan CD *

China – Bypasses Philippines in Its Proposed ‘Maritime Silk Road’ WSJ *

Asia – The Pacific Age E / E / E * * * * *


POLITICS & FISCAL POLICY

HK – Xi slams ‘illegal’ protests FT / WSJ / WSJ *

HK – Economic inequality underpins political divide FT * *


MONETARY POLICY

PBOC – Resists calls for sharper stimulus FT / B * * *


FINANCE

China – PBOC Pumps Money to Banking System WSJ

China – Lack of Local Lending Sinks Pakistan Deal WSJ *

China – Internet firms launch financial revolution CD *

China – Banks are offering higher returns / b *


REAL ESTATE

China – Home Buyers Rushing Online to Finance Downpayments B

China – Property Not Dead Yet WSJ *


SERVICES



MANUFACTURING

Drones – Chinese Drone Maker DJI Unveils More Powerful Model WSJ / N

Drones – Cheap Models Made by China’s DJI Are Filling the Skies WSJ *


TECH

China – Selling to the next billion FT *

China – Internet Giants Get Online-Travel Bug WSJ *


TRADE & TRANSPORTATION

China/Australia – See Opportunity in Free-Trade Pact WSJ * *


COMMODITIES

Iron – China’s Push for Clear Skies Hits Market WSJ

Iron – ‘Rhetoric should shift from China demand to oversupply’ r *

Copper – Falls to 4-Week Low on China Worries, Oil-Price Drop WSJ

Copper – China’s hidden hand in the global market r *


ENERGY & ENVIRONMENT



LABOR & EDUCATION

HigherEd – Fall in Chinese graduates enrolling in US FT *

HigherEd – US Graduate Schools Rely More on Asia WSJ *

HigherEd – The difference between Indian and Chinese students in the US q * * *

HigherEd – Data in China since 2001 r *

HigherEd – Wider Search for Applicants Crowds Out Local Students WSJ *


HEALTH

Demog – China: Changed One-Child Policy Doesn’t Give Baby Boost WSJ


ENDNOTE

Global Image of China pew *