Bz Nwz




---

Today’s Issue Cluster: Carbon

Russia – ‘Don’t mistake a stronger ruble for economic recovery’
Rail – Oil: Tank-Car Rule to Require Electronic Train Brakes
H5N2 – Bird flu outbreak could set US record with ‘probable’ cases in Iowa



---

MAJOR DATA POINTS

Japan – Mar: Inflation edges up but slowdown seen; +0.2% / WSJ / R / FT

China – Apr: Official Manufacturing PMI Holds Steady; 50.1 from 50.1 / WSJ / R / b *

US – Apr: ISM manufacturing growth holds at low level; 51.5 from 51.5 / R / cr *

US – Apr: Markit factory activity growth slows; 54.1 from 55.7 / R

US – Apr: UMich consumer sentiment rises; 95.9 from 93.0 / AP

US – Mar: Construction spending hits six-month low; -0.6% from flat / R / AP



---

MARKETS




---

ECONOMICS

Greece – Struggles to make payments to more than 2m pensioners FT

Greece – Tsipras warns of referendum if talks on bailout deal fail FT / R / FT

Greece – Ministers Contemplate ‘Plan B’ WSJ / R / B / WSJ

Greece – ECB Tightens Flow of Money to Banks NYT / WSJ

Greece – Balkan countries’ bank exposure on the decline R *



---

POLITICS & FISCAL POLICY

Russia – Cuts key interest rate as ruble rallies FT / WSJ / AP / B / AFP *

Russia – ‘Don’t mistake a stronger ruble for economic recovery’ E *

Russia – Assets Regain Appeal for Investors WSJ *

Russia – Beloved Borscht Reveals Reality of Inflation WSJ *

Russia – Baltic Neighbors Gird Up WSJ * *



---

MONETARY POLICY

ECB – German bonds measure success of eurozone QE FT / FT / B / b * *

ECB – Economists expect QE to stop in September 2016 / b *



---

FINANCE

EU – Stagnation, fines and regulation leave banks struggling FT

EU – Credit Squeeze Ending WSJ *



---

REAL ESTATE

EU – In Real-Estate Tech Firms, Europe Plays Catchup With US WSJ



---

LABOR & EDUCATION

EU – National interests collide over future of migrants FT * * * *

EU – ‘Path to Deadly Partition’ S *

EU – 2014 labor market data for regions / eu *



---

SERVICES




---

MANUFACTURING




---

TECH

EU – To probe popular US sites over data use and search FT / FT

EU – Considers Powerful Regulator to Oversee Web Platforms WSJ / FT / WSJ / wsj / wsj

EU – Ebay backs Google over Brussels inquiry FT / R / FT



---

TRADE & TRANSPORTATION

Rail – Oil: Tank-Car Rule to Require Electronic Train Brakes WSJ / G&M

Rail – Oil: Regulators Urge Changes to Improve Safety WSJ

Rail – Oil: Fee proposed on cars that haul flammables AP

Rail – Oil: Demand For Key Types of Cars Falls Amid Declining Output WSJ



---

COMMODITIES

Crops – Debate About Insurance Heightens WSJ *

Crops – Studies strengthen insecticide link to bee population decline FT / NYT

Crops – US corn imports surge as shoppers go organic / b *



---

ENERGY & ENVIRONMENT

Carbon – EU market reforms back on the table FT

Carbon – Olam chief calls for pricing in order to control emissions FT

Carbon – ‘Efforts to overhaul Europe’s market are glimmer of hope’ WSJ *

Carbon – China to surpass US as top emitter R *

Carbon – ‘Georgia Pivot Shows the Way on Climate Regs’ B * *



---

HEALTH

H5N2 – Bird flu outbreak could set US record with ‘probable’ cases in Iowa R

H5N2 – Bird flu can now be found all over the US r *



---

ENDNOTE

Tulips account for half the area of bulb fields in the Netherlands nl *



---




---

Today’s Issue Cluster: Coal

Fed – GDP Bust Is Final Nail in the Coffin for June Hike
LatAm – Stemming the migrant tide
Ship – Vale, Chinese builders in Talks Over 50 Giant Bulk Carriers



---

MAJOR DATA POINTS

Japan – Mar: Factory output inches down; -0.3% from -3.1% / AFP

Taiwan – Q1: Economy holds up; +3.46% from +3.35% / AFP

EZ – Apr: Deflation spell ends; flat from -0.1% / FT / WSJ / NYT / B *

Spain – Q1: Economy grows at fastest rate since before crisis; +0.9% / AP / B *

Canada – Feb: Economic output stalls; flat from -0.2% / CBC / G&M / R

US – Mar: Consumer spending up; +0.4% from +0.2% / AP / B / WSJ / R

US – Week: Jobless Claims Fall to Lowest Level in 15 Years; -34k to 262k / WSJ / AP / B



---

MARKETS

EMs – Are stocks cheap? FT *

EMs – Rally, for Now WSJ *



---

ECONOMICS

LatAm – Stemming the migrant tide E * *

Mexico – Peso Benefits From US Strength WSJ *

Cuba – Obama Moves to Take Havana Off Terror Sponsors List WSJ *

Cuba – Ferry Operators Eye Florida-to-Havana Service WSJ

Venezuela – Steps up nationalist rhetoric as economy worsens FT * *

Nicaragua – Changing Country Attracts Resort Investor WSJ

Brazil – Central Bank Raises Benchmark Interest Rate to 13.25% WSJ / R / ft *

Brazil – Petrobras and improving policy outlook help markets FT * *

Brazil – Taste for premium goods checked by economic reality FT *

Chile – Economy brightens amid political gloom FT *



---

POLITICS & FISCAL POLICY




---

MONETARY POLICY

Fed – GDP Bust Is Final Nail in the Coffin for June Hike B / FT / WSJ / bi *

Fed – Slowing Growth Muddles Fed Plans WSJ *

Fed – Sees Slower Growth as Blip WSJ / NYT / AP / R / B

Fed – Bank Talks, Rate Liftoff Date Walks WSJ *

Fed – 2% Inflation Rate Target Is Questioned NYT

Fed – Inflation low, would be lower without rising rents WSJ *

Fed – Some Investors Can’t Wait for the Raised Rates WSJ *



---

FINANCE




---

REAL ESTATE




---

LABOR & EDUCATION




---

SERVICES

Gaming – Macau’s Glitter Fades as Beijing Takes Firmer Hand WSJ / WSJ *

Gaming – Macau looks for mass-market reincarnation FT *

Gaming – Macau: ‘Needs to make money from more than gambling’ FT *

Gaming – Macau: The big gamble FT * * * * * * * *

Gaming – Mohegan Tribal Gaming Authority to Develop SK Casino WSJ



---

MANUFACTURING




---

TECH

Google – Caps Costs as Growth Slows WSJ *

Yahoo – Mayer pushes deeper into search FT / NYT

Microsoft – ‘Determined to prove that life begins again at 40’ E *



---

TRADE & TRANSPORTATION

Ship – Ports See Costly Delays as Cargo Volumes Grow WSJ * *

Ship – Vale, Chinese builders in Talks Over 50 Giant Bulk Carriers WSJ



---

COMMODITIES




---

ENERGY & ENVIRONMENT

Coal – New Rules, Cheap Energy Heightens Battle With Gas WSJ

Coal – China’s miners shrug off global malaise for now R *

Coal – China may cut most use by 2050 q *

Coal – India’s stock / r *

Coal – RWE slams Germany’s plans for levy AFP



---

HEALTH




---

ENDNOTE

The World Map In Domains gizmodo *



---




---

Today’s Issue Cluster: Asean

World – New asset class: Vanity Capital
Australia – Sydney set for ‘golden decade’ of housing growth: Developer
TPP – Once Concerned, China Is Quiet About Trans-Pacific Trade Deal



---

MAJOR DATA POINTS

US – Q1: Growth slows; +0.2% from +2.2% / FT / NYT / WSJ / AP / R / B *

US – Mar: NAR Pending Home Sales Index Rises for Third Month; 108.6 from 107.4 / WSJ / B



---

MARKETS

World – New asset class: Vanity Capital ft / DT * *



---

ECONOMICS

Asean – China Is Set to Lose Manufacturing Crown B *

Asean – Industrial parks forge closer links N *

Asean – Shifts in one country’s farm policy can impact globe N / N / N *

Bangladesh – A dangerous rivalry FT * *

Myanmar – Launches new export strategy N *

Thailand – Rising household debt casts doubt over revival FT *

Thailand – Cloudy outlook weighing on local stocks N *

Vietnam – Profitable return FT * * *

Indonesia – Currency fall exposes risks of capital flight FT * *

Philippines – Expat workers boost economy N *

Philippines – Property Zooms Ahead WSJ *



---

POLITICS & FISCAL POLICY




---

MONETARY POLICY

World – Chief central bank weapon has been surprise FT *



---

FINANCE

Insurance – Fed Rule Making Has Insurers on Edge WSJ

Insurance – Republicans attack new global rules FT

Insurance – Catastrophe deals threaten reinsurance sector ‘collapse’ FT



---

REAL ESTATE

Australia – Sydney set for ‘golden decade’ of housing growth: Developer SMH

Australia – Worry over debt as house prices rise WSJ *



---

LABOR & EDUCATION




---

SERVICES

Ads – TV Fights Back Against the Web WSJ *

Ads – Mobile spend in US jumps 76% FT *



---

MANUFACTURING




---

TECH

Cloud – Silver Linings in Big Cloud Spending WSJ / NYT *

Cloud – Sky’s the limit for Amazon Web Services FT * *

Cloud – Big Data Spurs Innovation IBD



---

TRADE & TRANSPORTATION

TPP – US, Japan Take On Hurdles to Deal WSJ / WSJ / R * *

TPP – Obama Escalates Feud With His Fellow Democrats WSJ / FT

TPP – Once Concerned, China Is Quiet About Trans-Pacific Trade Deal NYT

TTIP – Pacific trade pact sails past a drifting transatlantic deal FT



---

COMMODITIES

Gold – China: Going for It WSJ

Gold – India: Modi walks tightrope N *

Iron – Heads Toward Its Next Cliff WSJ *

Copper – Producers pushed to improve their environmental record FT * * * *



---

ENERGY & ENVIRONMENT

Oil Machinery – Offshore Drillers’ Problem: Few Oil Firms Need Their Rigs WSJ

Oil Machinery – Singapore rig builders feel impact of price slide FT

Oil Machinery – For Sale: Used Oilfield Machinery WSJ



---

HEALTH




---

ENDNOTE

The tallest building completed each year e *



---




---

Today’s Issue Cluster: China

Truck – Drivers at biggest US port complex strike over wages
NatGas – ‘US to launch export blitz, eyes global energy dominance’
H5N2 – New cases probable in Iowa, millions of birds affected



---

MAJOR DATA POINTS

UK – Q1: Economy Slows Ahead of Election; +0.3% from +0.6% / WSJ / FT / AP *

US – Feb: Case-Shiller Home Price Index Climbs Modestly; +4.2% from +4.4% / WSJ / R / cr *

US – Apr: ConfBd consumer confidence slides; 95.2 from 101.4 / AP / B / R



---

MARKETS

China – Debt Builds in Stock Rally WSJ *

China – ‘Foreign investors start to fear stock market bubble’ CD

China – Dumps Treasurys to fight capital flight N *



---

ECONOMICS

China – Just Learning the True Cost of Debt B

China – True Growth Is a Mystery WSJ *



---

POLITICS & FISCAL POLICY

China – Set to Launch Investment Deal in Pakistan WSJ / FT *

China – Central Asian nations warming to Beijing N *



---

MONETARY POLICY

PBOC – Readies Fresh Easing to Tackle Specter of Debt WSJ / FT / B / WSJ

PBOC – China may join the unconventional monetary club ft / WSJ *



---

FINANCE

China – Banks balk at local debt-swap plan FT *



---

REAL ESTATE

China – Major Developer Says It Can’t Pay Dollar Debts B / NYT

China – Takes Failure in Small Doses WSJ *

China – Expanding Philippine developers employ different game plans N *

China – First tier city house prices return to growth in March / b *



---

LABOR & EDUCATION

China – Economy Puts New Pressure on Its Lopsided Job Market NYT *



---

SERVICES




---

MANUFACTURING




---

TECH

Apple – iPhone boom as China switches on FT / WSJ / NYT / R * * * * *

Apple – Runs Up Against Its Own Success WSJ *

Apple – Premium power / r *



---

TRADE & TRANSPORTATION

Truck – Drivers at biggest US port complex strike over wages AP

Truck – ATA Index increased in March / cr *



---

COMMODITIES




---

ENERGY & ENVIRONMENT

NatGas – Diplomatic Thaw Piques Interest in Iran WSJ

NatGas – Brussels treads a fine line with Gazprom FT

NatGas – ‘US to launch export blitz, eyes global energy dominance’ DT * * *



---

HEALTH

H5N2 – New cases probable in Iowa, millions of birds affected R / AP

H5N2 – An explanation of wild birds’ role in outbreak AP

H5N2 – Increased human protections offered as outbreak spreads R

H5N2 – Escalating Outbreak Takes Toll on US Poultry Farms WSJ / AP *

Antibiotics – Tyson Joins the Flock WSJ / NYT *



---

ENDNOTE

The Guardian as contrarian indicator ft *



---




---

Today’s Issue Cluster: Mobile Watches

Singapore – A High-End Property Collapse
Telecoms – Satellite industry aims smaller and lower
Pharma – Bets on gene therapy



---

MAJOR DATA POINTS

US – Apr: Markit services sector growth cools; 57.8 from 59.2 / R *



---

MARKETS

Dollar – Apple set to be latest to suffer impact FT *

Dollar – Foreign borrowers wary of rise FT *



---

ECONOMICS

World – Rallies point to commodities turnaround FT

World – Glut of Capital and Labor Challenge Policy Makers WSJ *



---

POLITICS & FISCAL POLICY

UK – Hong Kong most likely choice for HSBC headquarters FT / WSJ / NYT / AP / R / WSJ / FT / R / FT / FT * * * * * * *



---

MONETARY POLICY




---

FINANCE




---

REAL ESTATE

Singapore – A High-End Property Collapse NYT

Singapore – Investors Building Up Portfolios in Property Stocks WSJ *

Singapore – Becoming (a bit) cheaper R *



---

LABOR & EDUCATION




---

SERVICES

Telecoms – Satellite industry aims smaller and lower FT * *

Telecoms – Holder Had Authorized DOJ Lawsuit Against Comcast Deal WSJ / NYT / WSJ *

Telecoms – Charter Explores Bid for Time Warner Cable WSJ / B



---

MANUFACTURING




---

TECH

Mobiles – Apple Watch goes on sale amid supply shortage R / B / R

Mobiles – Apple Watch review: Stylish, sophisticated but slow FT

Mobiles – 6% plan to buy Apple Watch: Reuters poll R

Mobiles – Samsung hints at new smartwatch R

Mobiles – Chinese makers heat up nascent smartwatch market N *



---

TRADE & TRANSPORTATION




---

COMMODITIES

Soybean – Prices Fall to Six-Month Low WSJ *

Soybean – China imports to jump by 2024 CD *



---

ENERGY & ENVIRONMENT

Oil – Gulf states feeling the pinch FT * *

Oil – Companies seek lasting cost cuts FT * * *

Oil – 45% rebound could be markets’ next headache R

Oil – Fund Outflows Bode Ill for Prices WSJ *

Oil – OPEC pumping almost 2m bpd more than needed / r *

Oil – Petrobras overhaul calls for much more than corruption clean-up FT / R * *

Oil – Plunging Prices Impact on States bp *



---

HEALTH

Pharma – No end in sight to wave of dealmaking FT *

Pharma – Companies Buy Rivals’ Drugs, Then Jack Up the Prices WSJ *

Pharma – Bets on gene therapy R *



---

ENDNOTE

What Happens to Classic Art When It Becomes Gluten Free GlutenFreeMuseum
d’après Johannes Vermeer *
d’après Giuseppe Arcimboldo *
d’après Jean-François Millet *
d’après Vincent van Gogh *
d’après Grant Wood *
d’après Walt Disney *



---




---

Today’s Issue Cluster: Shale

US – Part-time labor ‘slack’ may be nearing its end
TPP – Japan, US move closer on autoparts
H5N2 – Bird flu cuts into egg, poultry exports in Iowa, Midwest



---

MAJOR DATA POINTS

Germany – Apr: Ifo business confidence in sixth increase; 108.6 from 107.9 / AP / b *

US – Mar: Durable Orders Rise Due to Auto, Aircraft Demand; +4.0% from -1.4% / WSJ / AP

US – Mar: Orders for Business Equipment Fall for Seventh Month; -0.5% from -2.2% / R / B / b *



---

MARKETS

Nasdaq – Climbs to a Record, Again Fueled by Tech WSJ / FT *

Nasdaq – Surge Lifts Internet Boosters of the Past WSJ *



---

ECONOMICS

US – Consumers Open Their Wallets, Cautiously WSJ *

US – Japan Overtakes China as Largest Bondholder WSJ / FT / N *

US – Latest Sign of Emerging Inflation WSJ *

US – Influence Hinges on Future of Dollar, Yuan WSJ *

US – Philly Fed Coincident Indexes increased in 46 states / cr *

US – 6th longest US economic expansion since the 1850s / bi *



---

POLITICS & FISCAL POLICY

US – Congress Is Tiptoeing Away From Spending Curbs WSJ *



---

MONETARY POLICY

Fed – Rate Decisions Hang on Dollar, Growth Concerns WSJ *

Fed – Prepares toolkit for higher rates FT * *



---

FINANCE

US – Ex-Fed chief calls for regulatory shakeup FT / R

US – Main Street banks struggle at the core FT

US – Small banks may have better earnings than giants WSJ *



---

REAL ESTATE

US – Nearing Peak, Home Price Gains to Slow Bn *

US – As California Drought Drags On, Home Builders Vie for a Voice WSJ *

US – AIA: Architecture Billings Index increases / cr *



---

LABOR & EDUCATION

US – Part-time ‘slack’ may be nearing its end R * *



---

SERVICES

Telecoms – Comcast walks away from $45b TWC deal WSJ / FT / NYT / WSJ / NYT / WSJ / WSJ * * *

Telecoms – Comcast Formally Kills Deal WSJ / NYT / B / R

Telecoms – Cablevision Offers Packages Aimed at Cord-Cutters WSJ

Telecoms – Resistance to Verizon FiOS Promotion WSJ / NYT



---

MANUFACTURING




---

TECH




---

TRADE & TRANSPORTATION

TPP – Deal Gives Obama Authority but Builds In a Delay NYT / NYT / wapo

TPP – Japan, US move closer on autoparts N / N

TPP – ‘Fighting the secret plot to make the world richer’ E * *



---

COMMODITIES




---

ENERGY & ENVIRONMENT

Shale – The US revolution FT * * * *

Shale – US production peak over N *

Shale – Oil at $65 Seen Freeing 500k bpd Fracklog B

Shale – 4,700 drilled but uncompleted wells in the US B / B / b *

Shale – Maps Pinpoint Earthquakes Linked to Drilling NYT / AP / WSJ / AP *

Shale – OK overtakes CA as state with most seismic activity / b *

Shale – Fracking’s New Legal Threat: Earthquake Suits WSJ

Shale – Fracking breaches ‘hidden from public’ FT

Shale – ND to join WY lawsuit against federal fracking rules AP

Shale – German Cabinet Approves Anti-Fracking Draft Law WSJ

Shale – Cnooc shelves project FT / C



---

HEALTH

H5N2 – Bird flu cuts into egg, poultry exports in Iowa, Midwest AP

H5N2 – USDA starts on potential vaccine AP

H5N2 – CDC eyeing bird flu vaccine for humans AP



---

ENDNOTE

English most studied foreign language wapo *



---




---

Today’s Issue Cluster: Russia

Ship – Cheaper fuel to boost container shipping
Rare Earths – China ends export tax
Hospitals – Rural facilities struggle to survive



---

MAJOR DATA POINTS

Japan – Apr: Markit PMI contracts for first time in 11 months; 49.7 from 50.3 / R

SK – Q1: GDP data add strength to calls for further stimulus; +0.8% from +0.3% / FT / AFP

China – Apr: HSBC PMI contracts to one-year low; 49.2 from 49.6 / R / WSJ / b *

EZ – Apr: Markit PMI hit by French weakness; 53.5 from 54.0 / FT / NYT / WSJ *

US – Apr: Markit factory activity growth slows; 54.2 from 55.7 / R

US – Mar: New home sales tumble; 481k from 543k / R / WSJ *

US – Week: Jobless claims edge up; +1k to 295k / R



---

MARKETS

Stocks – EU: American Activist Investors Take Another Charge WSJ *

Stocks – US: Should Withstand Tepid Earnings WSJ *



---

ECONOMICS




---

POLITICS & FISCAL POLICY

Russia – Economy shrinks 2-4% despite Putin’s positive spin FT * *

Russia – Workers Take Aim at Putin as Economy Exacts Its Toll NYT

Russia – Borrowers unable to repay dollar loans AFP

Russia – Industrial companies count the cost of doing business FT * * *

Russia – Brussels accuses Gazprom over gas stranglehold FT / NYT / AP / WSJ *

Russia – Gazprom and the EU test energy ties that bind FT / NYT / q * * *



---

MONETARY POLICY

World – Who is right about the equilibrium interest rate? ft *



---

FINANCE

World – Gender Gap Persists for Bank-Account Holders WSJ * *



---

REAL ESTATE




---

LABOR & EDUCATION

EU – Gears up to take the fight to people smugglers FT *

EU – Rich Smuggling Trade Fuels Deadly Migration WSJ * *

EU – The cruel sea e *

EU – Refugee Surge in Germany Puts Pressure on Small Towns WSJ *

EU – Anti-immigration mood weighs on EU politicians FT * *



---

SERVICES

Telecoms – Google Wireless Service Undercuts Phone Plans WSJ *

Telecoms – Comcast Won’t Founder Without Time Warner Cable Deal WSJ / NYT / WSJ *



---

MANUFACTURING

Recycling – High Costs Put Cracks in Glass Programs WSJ *

Recycling – Becomes a Tougher Sell as Prices Drop WSJ / E *



---

TECH




---

TRADE & TRANSPORTATION

Ship – Cheaper fuel to boost container shipping r *

Ship – LA traffic increases following labor deal cr *



---

COMMODITIES

Rare Earths – China ends export tax FT

Copper – Producers position for price recovery FT *

Lead – Gets the Lead Out WSJ *

Iron – Steelmakers braced for China slowdown FT *

China – Hedge funds bend nonferrous metals markets N * *



---

ENERGY & ENVIRONMENT

Oil – Latest Fear: A Price Shock After Spending Cuts B

Oil – ‘US Role Signals Jagged Future’ B / NYT

Oil – Industry’s Battle Cry: Exports Now! WSJ

Oil – Speculators divided over US prices r *

Oil – 5 years after BP spill: What’s changed in offshore drilling AP *

Oil – Saudi Arabia’s keeps pumping at high levels / b *

Oil – Pemex prepares to expand production after decade of decline FT *

Oil – Angola seeks $10b for infrastructure despite price collapse FT * *

Oil – The arctic holds ~525 BBOE; production years away / b *



---

HEALTH

Hospitals – University Facilities Now Source of Worry for Schools WSJ *

Hospitals – Rural facilities struggle to survive WaPo



---

ENDNOTE

Government economist: US worth $22.98 trillion wsj *



---




---

Today’s Issue Cluster: Wind Power

Bonds – EMs: Prepare for a rough ride
SK – Will have a better standard of living than the French by 2020
Japan – Should the United States Encourage Tokyo to Join the AIIB?



---

MAJOR DATA POINTS

Japan – Mar: 1st trade surplus in nearly 3 years on cheap oil; +¥229b (+$1.9b) / WSJ / AP

EZ – Apr: Consumer confidence falls; -4.6 from -3.7 / R / WSJ / b *

US – Mar: Existing-Home Sales Up; +6.1%, +10.4% yr / WSJ / B / R *



---

MARKETS

Bonds – World: Savings glut suppresses yields FT *

Bonds – EMs: Prepare for a rough ride FT * *

Bonds – Asia: Debt Piles Up, Threatening Growth WSJ * *

Bonds – EU: Limited Fallout on Spain, Italy From Greek Slump WSJ *

Bonds – US: Investors Find TIPS Appealing Once More WSJ *

Bonds – US: Investors grumble at buyback bonanza FT * *



---

ECONOMICS

SK – Will have a better standard of living than the French by 2020 q *

SK – Won keeps rising despite market intervention N *

NK – Hunt for hard currency to fund military spending N *



---

POLITICS & FISCAL POLICY

Japan – Head of ADB dismisses China-led rival AIIB FT

Japan – Should the United States Encourage Tokyo to Join the AIIB? cfr *



---

MONETARY POLICY

BOJ – Easing shows mixed results 2 years in N / WSJ *



---

FINANCE

EU – Germany’s life assurers: the next crisis? FT

EU – Swiss pension schemes ‘bankrupt in 10 years’ FT



---

REAL ESTATE




---

LABOR & EDUCATION




---

SERVICES

Telecoms – Google Set to Unveil Wireless Service WSJ

Telecoms – Hurdles Are Rising for Comcast Deal WSJ / NYT / WaPo

Telecoms – Media Giants Balk at New Verizon TV Bundles WSJ / WSJ *



---

MANUFACTURING




---

TECH

Internet – Facebook effort hits India hurdle FT / R / B

Internet – Tech Companies Struggle to Get World Online WSJ *



---

TRADE & TRANSPORTATION




---

COMMODITIES




---

ENERGY & ENVIRONMENT

Alt – Wind: More expensive than is commonly thought E *

Alt – Wind: Germany threatens UK dominance FT * * *

Alt – Wind: Blows away fossil power in the Nordics R

Alt – Wind: Capacity in the European Union / reddit *

Alt – Wind: Sector Hopes for Sea Change WSJ

Alt – Wind: The use of offshore power is growing E *

Alt – Wind: Offshore Farm Leases Draw Few Bids From Wary Industry NYT

Alt – Wind: Needs subsidy to compete in US, says Siemens FT

Alt – Wind: A decade after welcoming tax breaks, states reconsider AP

Alt – Wind: Texas Is Wired, and More Farms Plug In NYT

Alt – Wind: Giant Battery Unit Aims at Storage Holy Grail B *

Alt – Wind: Batteries Set to Grow With Renewable Energy NYT

Alt – Wind: Google working to improve lithium-ion and solid-state batteries WSJ

Alt – Wind: Plan hinges on huge Utah caverns AP *

Alt – Wind: Pushing For Recognition with Fuel Cells, Ethanol IBD

Alt – Wind: Feds nix eagle penalties for California farm AP

Alt – Wind: Turbine fire risk highlighted by researchers FT *



---

HEALTH




---

ENDNOTE

Residency in 1921 Little Italy, by Italian province, even by town t *



---




---

Today’s Issue Cluster: India

Ads – How some US firms could win big in 2016 elections
EU – German union threatens Amazon with long fight over wages
H5N2 – Hormel says bird flu outbreak will hurt turkey sales



---

MAJOR DATA POINTS

Germany – Mar: ZEW investor sentiment edges down on global fears; 53.3 from 54.8 / AP / b *



---

MARKETS

India – Big boys dominate industry N / N * *



---

ECONOMICS

India – To Eclipse China’s Growth FT / B * * *

India – Still has ways to go to truly outstrip China, ADB says N *



---

POLITICS & FISCAL POLICY

India – More foreign funds to face tax demands FT * *



---

MONETARY POLICY

RBI – Rate cuts evade India’s real economy FT * *



---

FINANCE

Cards – Rollout Has Banks, Retailers Scrambling WSJ / R * *

Cards – Problems at American Express are a sign of a broader blight E *



---

REAL ESTATE




---

LABOR & EDUCATION

India – Distorted sex ratios are damaging societies in Asia’s twin giants E *



---

SERVICES

Ads – Google in talks to let advertisers reach existing customers WSJ

Ads – How some US firms could win big in 2016 elections R *



---

MANUFACTURING

F&B – Coca Cola: When less is more FT *

F&B – Nestlé Looks for Bottled Water to Add Sparkle WSJ *



---

TECH

EU – Google’s Mobile Defense Against European Pressure WSJ * *

EU – Antitrust Chief Makes Case for Google Charges WSJ / WSJ

EU – Set to follow Google case with broader crackdown FT / WSJ / NYT / R / FT / E

EU – Google’s foes in Germany and France cheer antitrust charges FT / NYT / R

EU – ‘Google on the wrong side of history’ FT

EU – German union threatens Amazon with long fight over wages R



---

TRADE & TRANSPORTATION

Pipeline – Norway Angers Investors in Network WSJ *

Pipeline – Canada’s Own Problem WSJ *



---

COMMODITIES

Commods – Investors See Opportunities WSJ *

Commods – Sustainability accrues momentum FT * * *



---

ENERGY & ENVIRONMENT

NatGas – Brussels prepares to unleash antitrust charges against Gazprom FT / WSJ / NYT

NatGas – Gazprom Warns Europe Over Price NYT / FT

NatGas – LNG Prices Fall in Main Market Asia WSJ *

NatGas – Yemen LNG halts production FT *



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HEALTH

H5N2 – Bird Flu Hits Iowa Chickens in Escalation of Virus Outbreak WSJ / AP

H5N2 – Hormel says bird flu outbreak will hurt turkey sales AP / AP / R



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ENDNOTE

The Art of MBTA Bus Speeds hyper *



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Today’s Issue Cluster: Cable & Streaming

EMs – Stocks seen lagging developed countries for fifth straight year
EU – A surge in asylum-seekers is testing Germany’s tolerance
Gold – Production may peak in 2015



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MAJOR DATA POINTS

EZ – Feb: Construction Falls Sharply; -1.8%, -3.7% yr / WSJ *



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MARKETS

EMs – Investors Grow Wary of Debt WSJ *

EMs – Stocks seen lagging developed countries for fifth straight year R *

EMs – Lagging Growth Plagues Economic Policy Makers WSJ *

EMs – India gains reserves, bucking trend of fellow BRICS R * *

EMs – Central banks: doves into hawks FT *



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ECONOMICS

China – Beijing moves again to boost growth FT / WSJ / WSJ / NYT / AP / R *

China – Raises Red Flag on Its Stock Markets WSJ / WSJ *

China – Yuan as a Rival to the US Dollar Closer Than You Think wsj / FT *



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POLITICS & FISCAL POLICY

Greece – IMF Sees Bailout Needing Several More Weeks WSJ / FT / NYT / FT

Greece – Main Creditors Said to Be Unwilling to Allow Euro Exit B / B / WSJ *

Greece – Binary Outlook Gives Markets a Headache WSJ *



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MONETARY POLICY

ECB – Draghi Says Stimulus Is Working WSJ / FT / NYT / AP / B / R * *

ECB – Economic upturn unlikely to curb bond-buying FT * *

ECB – German Yields Tumble Toward Zero Amid Stimulus, Greece Jitters WSJ *



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FINANCE

EMs – HSBC speeds up exit FT *



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REAL ESTATE




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LABOR & EDUCATION

EU – German wage rises lift hopes of eurozone recovery FT * *

EU – Under pressure after hundreds of migrants feared dead FT *

EU – Promises to act over migrant crisis R / WSJ * * *

EU – A surge in asylum-seekers is testing Germany’s tolerance E *



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SERVICES

Cable – Comcast Deal Is Said to Raise Concerns WSJ / FT / NYT / B

Cable – Verizon Breaks Pay-TV Bundle WSJ / NYT / IBD / c|net *

Cable – Behind Time Warner Chief’s ‘Cord-Cutter’ Pitch WSJ / NYT * *

Streaming – Video Streaming Geo-Blocking Gets Workaround WSJ

Streaming – Netflix subscriber growth won’t come cheaply WSJ / NYT *

Streaming – Disruptors are shaking up the TV business G&M * *



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MANUFACTURING




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TECH

Chips – Moore’s Law Runs Out of Gas WSJ / e * * * *

Chips – TSMC: Moore or less? FT *

PCs – Global Shipments Fall in First Quarter WSJ / statista *



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TRADE & TRANSPORTATION

TPP – Fast Track Bill Triggers Democratic Discord WSJ / R / FT / WSJ / B / NYT / R / AP *

TPP – Momentum Bolsters Efforts to Counter China WSJ / R / N / N *

TTIP – Thousands in Germany protest against trade deal R



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COMMODITIES

Tin – Myanmar Exports Send Prices Lower WSJ *

Gold – Production may peak in 2015 N *

Mining – Companies Face Dangers From Criminal Gangs in Mexico WSJ



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ENERGY & ENVIRONMENT

Coal – World: ‘Fueling conflicts around the globe’ AP

Coal – US: Obama’s EPA Rule Is Redrawing the Map B * *

Coal – Japan: New Plants Threaten Emission Cuts, Enviro Group Says B

Coal – India: Modi says will strike own path in climate battle R

Coal – Myanmar: Set to raise generating capacity fivefold N *



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HEALTH




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ENDNOTE

Which of the BRICS countries each country searches most for reddit *



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