Bz Nwz

Today’s Issue Cluster: eTaxis

China – Fathom: Outlook turning for the better
PBOC – Shines Light on New Risks in $8t Shadow Loan Market
China – Default Chain Reaction Threatens Products Worth 35% of GDP



MAJOR DATA POINTS

China – May: Official manufacturing PMI unchanged; 50.1 / R
Australia – Q1: GDP growth accelerates; +1.1% from +0.7% / FT *
Brazil – Q1: Economy shrinks; -0.3%, -5.4% yr / AFP / ft *
US – Apr: Construction spending largest drop in 5 years; -1.8% from +1.5% / R
US – May: ISM manufacturing PMI rises; 51.3 from 50.8 / CNBC



MARKETS

China – Investors anticipating inclusion of shares in MSCI index WSJ

China – Old-School Stocks Are Back in Style WSJ *



ECONOMICS

China – Fathom: Outlook turning for the better r *



POLITICS & FISCAL POLICY

MONETARY POLICY

PBOC – Shines Light on New Risks in $8t Shadow Loan Market B *



FINANCE

China – Banks looking to debt markets as deposit growth drying up WSJ *

China – Default Chain Reaction Threatens Products Worth 35% of GDP B *

China – ‘Massive Bailout’ Needed, Analyst Says B *

China – Small banks report big jump in bad loans FT

China – Lending Is So Risky That Cows Are Now Collateralized B *

China – Mobile Payment Battle Becomes a Free-for-All WSJ * *



REAL ESTATE

China – Homeowners Find Themselves in a Land of Doubt NYT

China – Real-Estate Firms Rush to Tap Capital Markets WSJ

China – Pacific-Rim Property Firms Hurt by Slowdown WSJ

China – Developers face setbacks in ambitious foreign push FT * *



LABOR & EDUCATION

SERVICES

eTaxis – Uber Effect Sees Taxi Fares Tank Around the World B / FT *

eTaxis – Uber piles pressure on US taxi financiers FT * *

eTaxis – Apple plants seed in China taxi service FT *

eTaxis – Lyft to offer scheduled rides FT

eTaxis – Alphabet Unveils Carpooling App, Fraying Ties With Uber WSJ

eTaxis – Uber’s Ride-Sharing Dominance Comes Under Pressure WSJ

eTaxis – Uber hits the road with self-driving car FT / B *

eTaxis – Other ways to balance supply and demand E *



MANUFACTURING

TECH

TRADE & TRANSPORTATION

Air – Iata warns of slowdown FT

Air – United Flies Further Into China WSJ *

Air – Budget carrier alliance may shake up industry N * * *



COMMODITIES

ENERGY & ENVIRONMENT

Coal – China’s cheaper price seen slowing switch to natgas B

Coal – China’s Plant Binge Deepens Overcapacity Woes WSJ * *

Carbon – China’s Emissions May Have Peaked, but It’s Hazy NYT



HEALTH

ENDNOTE

Urban Footprints around the world motw *



Today’s Issue Cluster: Oil

World – Fraud in $4t Trade Finance Has Banks Turning Digital
World – ‘A Worrisome Pileup of $100m Homes’
Retail – Amazon looks set to conquer America’s clothing market



MAJOR DATA POINTS

EZ – May: Remains in Deflation; -0.1% from -0.2% / WSJ

US – Apr: Consumer Spending Climb Was Fastest in 7 Years; +1.0% from +0.2% / WSJ / R / B *

US – Mar: Case-Shiller Home Price Growth Remained Robust; +5.2% from +5.3% / WSJ / R

US – Mar: ConfBd Consumer Confidence Declined Again; 92.6 from 94.7 / WSJ



MARKETS

Currencies – China Buying Sparks Bitcoin Surge WSJ *

Currencies – China rebuts criticism as renminbi takes big fall FT *

Currencies – A weaker renminbi leaves investors unfazed — for now FT * *

Currencies – Rising Dollar Shakes Up Markets WSJ *



ECONOMICS

World – Conditions echo post-Lehman crisis, Abe warns G7 FT **



POLITICS & FISCAL POLICY

MONETARY POLICY

Fed – Yellen points to summer rate rise FT / WSJ / NYT / R / B * *



FINANCE

World – Fraud in $4t Trade Finance Has Banks Turning Digital B *



REAL ESTATE

World – ‘A Worrisome Pileup of $100m Homes’ NYT



LABOR & EDUCATION

SERVICES

Retail – Unsold inventory a challenge R

Retail – Why Wal-Mart Can Weather Storm WSJ / FT / WSJ

Retail – Amazon Plans More Stores, Bulked-Up Prime Services WSJ

Retail – Amazon looks set to conquer America’s clothing market E *



MANUFACTURING

Trucks – Makers accused of putting brakes on technological change FT *

Trucks – EU set to impose record cartel fine on makers FT *



TECH

TRADE & TRANSPORTATION

Truck – Canada’s industry struggles to attract drivers G&M

Truck – ATA Index decreased / cr *



COMMODITIES

Farms – US: Banks Tighten the Buckle WSJ *

Farms – UK: English Farm Prices Fall Most Since 2008 B *



ENERGY & ENVIRONMENT

Oil – Fueling Push to $50: Fear Is Back WSJ *

Oil – $50 Breach Doesn’t Mean Much Unless It Sticks Around B * * *

Oil – ‘$50 oil is here to stay’ op *

Oil – Prices Poised to Hit Sweet Spot for Global Economy WSJ *

Oil – Groups raise net debt by a third FT *

Oil – Companies Stay Shy Despite Upswing in Prices WSJ *

Oil – Norway: Now Faces Risk of Strikes B *

Oil – Algeria: Running Hard to Stand Still B *

Oil – Nigeria: Running on empty FT *

Oil – Mexico: Pemex Willing to Sell Assets to Generate Liquidity B *

Oil – Canada: Suncor Starts to Bring Canadian Sands Back Online WSJ

Oil – China: ‘Teapot’ Refineries Shore Up Demand WSJ *

Oil – US: Opec’s Strategy Lures Drivers Back Into Gas Guzzlers B * *



HEALTH

ENDNOTE

Colors of post boxes wiki *



Today’s Issue Cluster: Mining

Japan – Wary of a new round of deflation, Abe to delay sales tax hike
Apple – Next Big Moneymaker Could Be Cars
Quakes – Japan: The next big one



MAJOR DATA POINTS

Japan – Apr: Deeper into deflation; -0.3% from -0.1% / FT

US – Q1: GDP Revised Up; +0.8% was +0.5% / WSJ / R / B / FT *

US – UMich Sentiment Revised Down; 94.7 was 95.8 / R



MARKETS

Japan – Negative interest rates fuel record share buybacks FT *



ECONOMICS

POLITICS & FISCAL POLICY

Japan – Wary of a new round of deflation, Abe to delay sales tax hike N *



MONETARY POLICY

FINANCE

Japan – Negative Rates Scorned by Megabanks B * * *



REAL ESTATE

LABOR & EDUCATION

SERVICES

MANUFACTURING

TECH

Apple – Suppliers See Earnings Take Hits WSJ / B *

Apple – Cook lays some groundwork for growth in India N *

Apple – Looks to India for Growth WSJ *

Apple – Invests $1b in Chinese Uber rival FT / WSJ *

Apple – Next Big Moneymaker Could Be Cars B *

Apple – To Revamp Streaming Music Service B *

Apple – Executive proposed bid for Time Warner FT / FT / FT * *



TRADE & TRANSPORTATION

COMMODITIES

Mining – Once Bullish, Miners Turn Bearish on Metals Prices WSJ *

Mining – Sales stumble on looming clean-ups R

Mining – China Wants to Set Commodities Prices B / FT *

Mining – Rearing steers in Australia during slump WSJ *

Gold – ‘Strong Hands’ Returning in New World of Negative Yields B * *

Gold – Demand falls, but jewelry market poised to grow more B *

Gold – Venezuela Stepping Up Sales as Petrodollars Dry Up B *

Gold – Calls for Everyone’s Favorite Standard Are Back B *

Silver – Miner Sees Price Surging Ninefold on Gadgets B * *

Cobalt – China plays long game on electric batteries FT * *

Aluminum – Detroit Pile That Rattled Beer Makers Is Vanishing B *

Copper – To remain weak, says mining chief FT

Iron – Price drops to 10-week low FT *

Iron – EU warns China to expect new steel tariffs FT

Iron – Chinese Steel Can’t Support Prices WSJ *



ENERGY & ENVIRONMENT

Quakes – Japan: The next big one FT * *



HEALTH

ENDNOTE

Next Generation Express Train in Japan to Meld Into the Environment s&t *



Today’s Issue Cluster: US Health Insurance

US – More Young Adults Now Live With Parents Than Partners
Cigs – Tax rates on roll-your-own tobacco and pipe tobacco diverge
Oil – Militants again blowing up Nigeria’s pipelines



MAJOR DATA POINTS

US – Apr: Capital Goods Orders Fall; non-defense -0.8%, total +3.4% / B / WSJ
US – Apr: NAR pending home sales surge to a 10-year high; +5.1% / MW
US – Week: Jobless claims fall; -10k to 268k / R / WSJ



MARKETS

World – Half Embrace Bull Market on Fed-Fueled Rally B *



ECONOMICS

US – US productivity slips for first time in three decades FT *

US – Household borrowing nears precrisis peaks WSJ *

US – Consumer Reliance on Credit Cards Reaches New Low / B *



POLITICS & FISCAL POLICY

MONETARY POLICY

FINANCE

US – Big Banks Ladle On the Risk WSJ *



REAL ESTATE

US – Chinese Investors Pour Money In WSJ



LABOR & EDUCATION

US – More Young Adults Now Live With Parents Than Partners B *



SERVICES

Cigs – Smoking drop correlates with rise of obesity wapo *

Cigs – Tax rates on roll-your-own tobacco and pipe tobacco diverge mr *

Cigs – UK dull packaging will not end strong returns FT *

Cigs – Soaring Tobacco Prompts Calpers to Reconsider Strategy WSJ *

Cigs – Indian Firms Halt Output as They Fight New Warning Labels WSJ



MANUFACTURING

Chemicals – Bayer’s Room to Raise Monsanto Bid Looks Limited WSJ

Chemicals – Bayer courts environmental bogeyman FT * *



TECH

TRADE & TRANSPORTATION

TPP – Obama Reasserts Hope for Passage This Year WSJ

TPP – Ten Winning and Losing Industries WSJ

TPP – Trade pitch turns Obama into salesman for Vietnam shoes McC



COMMODITIES

ENERGY & ENVIRONMENT

Oil – Breaks through $50 for first time in 2016 FT / R *

Oil – What Comes After $50 WSJ *

Oil – Militants again blowing up Nigeria’s pipelines B *

Oil – Iran’s Deals Hit Banking Snag WSJ *

Oil – Iraq struggles to match January’s record production FT

Oil – Opec’s Ability to Ease A Supply Shock is Now Fading WSJ *



HEALTH

Insurance – Companies Seek Big Premium Boosts WSJ *

Insurance – Companies Struggle to Offset New Costs WSJ

Insurance – Aetna Not Withdrawing From Any Exchange States WSJ

Insurance – Options Dwindle in Some Rural Regions WSJ *

Insurance – CO Weighs Universal Coverage NYT

Insurance – Obama Wrongly Repaying Funds to Insurers, Judge Says WSJ / NYT / R / NYT



ENDNOTE

57% of Homes in SF are Worth Over $1m vc *



Today’s Issue Cluster: Shale

South Africa – Junk Rating a Matter of Time
Chemicals – Big mergers may give only temporary relief
Air – Carbon-offset deal would cost $6b in 2025: IATA



MAJOR DATA POINTS

Singapore – Q1: Temporary Boost From Manufacturing; +0.2% was flat / B

US – May: Markit flash Composite PMI falls; 50.8 from 52.4 / m

US – May: Markit flash Services PMI falls; 51.2 from 52.8 / m



MARKETS

Africa – Tale of Two Currencies WSJ *



ECONOMICS

Africa – IMF cuts growth forecast to 3% in 2016 FT *

Africa – Weakening Growth Calls for Policy Reset imf *

Africa – Optimism evaporates with collapse in commodity prices FT *

Africa – Farmers Get No Breaks at Gas Pump WSJ *

South Africa – SARB sees risk of credit-rating cut to junk B *

South Africa – Junk Rating a Matter of Time B *

South Africa – Zuma frustrates Gordhan’s bid to rescue economy S *

South Africa – Mining output falls the most on record / *

Nigeria – Import curbs drain life from bustling Lagos ports FT *

Nigeria – Strategists are criticizing latest plan to rescue its currency B *

Kenya – Bucks Africa’s economic trend FT *



POLITICS & FISCAL POLICY

Burundi – Sliding towards anarchy E * *



MONETARY POLICY

FINANCE

REAL ESTATE

LABOR & EDUCATION

SERVICES

MANUFACTURING

Chemicals – Monsanto Open to Talks FT / WSJ / B

Chemicals – Bayer’s $62b Monsanto Bid Raises Concern Over Final Price B *

Chemicals – How predator Monsanto became the pursued FT * *

Chemicals – House Passes Sweeping Safety Bill WSJ

Chemicals – Big mergers may give only temporary relief E *



TECH

TRADE & TRANSPORTATION

Air – Carbon-offset deal would cost $6b in 2025: IATA R

Air – Terror, Crashes Weakens European Travel WSJ *



COMMODITIES

Protein – Are Eggless Mayo and Plant-Based ‘Oysters’ Worth $1b? B *

Protein – Cheap Beef Is Here for Summer B *



ENERGY & ENVIRONMENT

Shale – Stocks Outrun Fundamentals B *

Shale – Key to Survival: Efficiency WSJ / WSJ

Shale – For ND a humbling comedown R * *

Shale – When OK boom went bust R *

Shale – Fracking wells drilled in PA, WV and OH / PSU *

Shale – Fracking in Yorkshire wins approval FT / WSJ / FT / FT



HEALTH

ENDNOTE

Country flags: A star is the most common symbol *



Today’s Issue Cluster: Currencies

US – Defaults Have Already Spread Outside Commodities
Water – As El Nino Exits, La Nina Looms
Oil – Venezuela is the next big wild card



MAJOR DATA POINTS

US – Apr: New-Home Sales Surge to Highest in 8 Years; +16.6% / B



MARKETS

Currencies – PBOC Shows Slackening Resolve to Revamp Yuan WSJ *

Currencies – Dollar set for its best month in half a year FT

Currencies – Japan Heading for Standoff on Yen with US WSJ / FT / WSJ *

Currencies – Risk-on, risk-off is back B *

Currencies – Bitcoin Catches On With Gold Bugs WSJ *

Currencies – Zloty is the ‘world’s cheapest currency’ / bi *



ECONOMICS

US – Companies’ cash pile hits $1.7t FT *

US – Triple-A quality fades as companies embrace debt FT * *

US – Defaults Have Already Spread Outside Commodities B * *

US – Manufacturers That Sell at Home Fare Better Than Exporters WSJ *



POLITICS & FISCAL POLICY

MONETARY POLICY

FINANCE

US – Credit-Card Debt Nears $1t as Banks Push Plastic WSJ *



REAL ESTATE

US – AIA Billings Index Shows “Continued Modest Growth” / cr *



LABOR & EDUCATION

US – Population Surge in Cities Eases WSJ *



SERVICES

MANUFACTURING

TECH

TRADE & TRANSPORTATION

COMMODITIES

Water – Brazilian drought may perk up your coffee FT * *

Water – El Niño Wreaks Havoc Across Southeast Asia WSJ *

Water – As El Nino Exits, La Nina Looms B *



ENERGY & ENVIRONMENT

Oil – Venezuela is the next big wild card bi *

Oil – Discoveries Have Shrunk to a Six-Decade Low R / B *

Oil – Deals: Don’t Hold Your Breath WSJ *

Oil – Iran fulfils pledge to raise production FT *

Oil – New Saudi Plan Shows It’s Just Not That Into Opec B *

Oil – Tankers Run in Circles Off China B *

Oil – Ballooning OECD Stockpiles / b *

Oil – Opec cost of production is lowest / bi *

Oil – Booming petrol demand from US to India buoys price FT *



HEALTH

ENDNOTE

40% of the Buildings in Manhattan Could Not Be Built Today nyt *



Today’s Issue Cluster: Planes

EU – Greece: Braces for New Tax Wave
EU – Germany Strives to Avoid Housing Bubble
Ship – Container lines mired in crisis



MAJOR DATA POINTS

Japan – Apr: Exports suffer biggest drop in three months; -10.1% from -6.8% / R

Japan – May: Markit PMI shrinks most in over three years; 47.6 from 48.2 / R

Nigeria – Q1: Faces Recession Risk as GDP Shrinks; -0.36% from +2.11% / B



MARKETS

EU – Investors Check Out WSJ *



ECONOMICS

POLITICS & FISCAL POLICY

EU – Austria: Far-right ‘narrowly loses poll’ BBC / FT / WSJ / FT *

EU – Populist Politicians Tap Into Deep-Seated Frustration WSJ *

EU – Spain: Rajoy risks Brussels showdown with tax-cut vow FT / FT *

EU – Spain and Portugal: Win reprieve over breaking rules FT *

EU – Italy: Wins Brussels’ ‘flexibility’ FT *

EU – France: If economy is running again, Hollande will be, too E *

EU – Greece: Approves Austerity Vote WSJ / B *

EU – Greece: Investor momentum builds FT * *

EU – Greece: Braces for New Tax Wave B *

EU – Greece: What if there’s massive debt relief but no one admitted it? ft *



MONETARY POLICY

FINANCE

EU – Quest for ‘bail-ins’ poses risks to retail investors FT *



REAL ESTATE

EU – Germany Strives to Avoid Housing Bubble B *



LABOR & EDUCATION

SERVICES

MANUFACTURING

Planes – Boeing Shares Could Lose Altitude Bn *

Planes – Airbus and Boeing contend with headwinds FT *

Planes – 787’s new challenge: slow sales R *

Planes – Building a 757 replacement would be a risk for Boeing E *

Planes – Airlines Can’t Get Enough Hand-Me-Down Jets B *

Planes – How Airbus Stumbled in Pursuit of Shortcut to Single-Aisle Glory B

Planes – Airbus Profit Falls 50% as Deliveries Lag Behind WSJ *

Planes – Boeing Ramps Up Push Into the Airplane Parts Business WSJ *

Planes – Bombardier Faces Off With Airbus, Boeing WSJ *



TECH

TRADE & TRANSPORTATION

Ship – Container lines mired in crisis FT * * *

Ship – Port of Portland Loses Last Container Service WSJ

Ship – LA area Port Traffic Declined in April / cr *



COMMODITIES

ENERGY & ENVIRONMENT

NatGas – Gazprom left wounded by price plunge FT * *

NatGas – PNG Pioneer Sees $3b Savings on LNG Deal B *



HEALTH

ENDNOTE

Zone Rouge: WWI claiming victims 80 years after cease-fire bm *



Today’s Issue Cluster: Coal

China – CLSA Sees Bad-Loan Epidemic With $1t of Losses
China – April Slowdown Shows Debt Addiction Will Be Tough to Shake
China – Rising rural incomes



MAJOR DATA POINTS

US – Apr: Existing home sales rise; +1.7% / MW



MARKETS

China – Decides Debt Can Be Dangerous BW *

China – CLSA Sees Bad-Loan Epidemic With $1t of Losses B *

China – April Slowdown Shows Debt Addiction Will Be Tough to Shake B *

China – Corporate debt problem only getting worse N * *

China – Profits are down for the first time since 2008 / N *

China – UBS: Local government bonds driving overall credit expansion *

China – Challenged to Keep Yuan Stable as Dollar Rises WSJ *



ECONOMICS

China – Party mouthpiece echoes debt fears FT

China – Routes 5t yuan into transport infrastructure FT

China – Rising rural incomes E *



POLITICS & FISCAL POLICY

China – European Parliament Rejects Bid for Market Economy Status WSJ

China – Heads for a Showdown with Taiwan B *

China – Becomes global leader in development finance FT *



MONETARY POLICY

FINANCE

China – Credit growth slows as leadership warns of over-leverage FT *

China – Banks Blur Lines WSJ *



REAL ESTATE

China – Home price growth fastest in two years FT *

China – Housing Revival Buffers Economy WSJ *

China – Real-Estate Lawsuits Surge WSJ *



LABOR & EDUCATION

SERVICES

Gaming – Macau casinos place their bets that slump is over FT



MANUFACTURING

Robots – China Is Largest, Fastest-Growing Market World-wide WSJ



TECH

TRADE & TRANSPORTATION

COMMODITIES

ENERGY & ENVIRONMENT

Coal – China Curbs Plans for More Power Plants NYT *

Coal – Call for US and China to pursue clean alternative FT

Coal – Japan planning to invest huge sums to replace nuclear power FT

Coal – UK Power Output Vanishes B *

Coal – Britain passes historic milestone FT *

Coal – Choking on cheap natural gas, regulations B * * *

Coal – US Denies Permit for Terminal in WA NYT

Coal – Default Risks Soaring as Peabody Falls Into Bankruptcy / b *



HEALTH

ENDNOTE

Photos taken by locals and tourists in Berlin motw *



Today’s Issue Cluster: Mining

Saudi – Considers Paying Contractors With IOUs
TPP – Trade deal becomes White House battleground
Oil – Saudi Stockpiles Hit 18-Month Low in March



MAJOR DATA POINTS

US – Week: Unemployment Claims Fell Sharply; -16k to 278k / WSJ / R



MARKETS

ECONOMICS

MENA – Black gold, white gold E * *

North Africa – Has failed to regain its share of continent’s FDI FT *

Algeria – Unease grows as ailing president remains elusive FT * *

Tunisia – After the revolution FT *

Gulf – Governments set debt record as oil slumps FT *

Iran – A Battle for Control of Economy WSJ *

Iran – The over-promised land E *

Saudi – Considers Paying Contractors With IOUs B *

Saudi – What’s In Blueprint for Life After Oil? B *



POLITICS & FISCAL POLICY

Saudi – Sweeping plan threatens to shift foundations of kingdom FT / WSJ *



MONETARY POLICY

Fed – June Rate Increase Is on the Table WSJ / FT / NYT / R / B * * *

Fed – Investors Heeding Message WSJ * *



FINANCE

REAL ESTATE

LABOR & EDUCATION

SERVICES

MANUFACTURING

F&B – Soda Industry Fails to Stop San Francisco Law Targeting Sugar WSJ

F&B – Soda Sales in Mexico Rise Despite Tax WSJ *



TECH

TRADE & TRANSPORTATION

TPP – Trade deal becomes White House battleground FT

TPP – Would barely nudge US growth, says report FT

TPP – Study Projects Will Modest Gains for US WSJ

TPP – Biggest Winner May Be Vietnam B *



COMMODITIES

Steel – US paves way to raise duties on China FT / R / B *

Steel – Ferrous bulls’ day off: iron ore slump continues FT / WSJ *

Steel – Sinks as Another Wave of Cheap Imports Predicted B *

Steel – China mills fire up as prices flare FT * *

Gold – Soros Investing in Mining FT / B / B * *

Palladium and platinum to fall short of highs this year FT

Niobium – No One Knows But Everybody Wants to Buy B *

Diamonds – The going gets rough FT *

Diamonds – De Beers says market faces ‘fragile recovery’ FT / R * *

Commods – Indebted to the past FT *



ENERGY & ENVIRONMENT

Oil – Booming petrol demand from US to India buoys price FT

Oil – Rally Seen Having More to Go as Millions of Barrels Are Lost B

Oil – Saudi Stockpiles Hit 18-Month Low in March B

Oil – Nears $50 a barrel FT *

Oil – Goldman chart on disruptions bi *

Oil – Venezuela Offers Discount in Battle for US Refineries B *

Oil – Demand for storage soars amid supply glut FT * *

Oil – Saudi Aramco: Fix for a one-trick economy? FT * *



HEALTH

ENDNOTE

Forms of Government reddit *



Today’s Issue Cluster: Agriculture

Japan – GDP Rebound Not Enough to Stave Off Stimulus
World – Global Migration? Actually, The World Is Staying Home
Power – Opposition to Hydro-Québec selling power in US



MAJOR DATA POINTS

Japan – Q1: Economy Rebounds; +1.7% from -1.7% / WSJ / FT / R *

EZ – Apr: Slide Back to Deflation Confirmed; -0.2% was -0.2% / WSJ *



MARKETS

World – The ‘truce’ in currency wars is on borrowed time FT *

World – Yield vs. Duration, 2000 vs 2016 bp *



ECONOMICS

Japan – Rebound Blunts Push for New Stimulus WSJ

Japan – GDP Rebound Not Enough to Stave Off Stimulus WSJ *

Japan – Companies Forecast More Strong-Yen Headwinds WSJ *

Japan – Few Ideas Are Too Extreme WSJ *

Japan – Growing Poverty Defies Glib Explanations b *

Japan – Curse of the salaryman FT *



POLITICS & FISCAL POLICY

MONETARY POLICY

World – Interest rates keep falling B *

World – A Battle Brews Over Negative Rates on Mortgages WSJ *



FINANCE

REAL ESTATE

LABOR & EDUCATION

World – Global Migration? Actually, The World Is Staying Home S * * *



SERVICES

MANUFACTURING

TECH

TRADE & TRANSPORTATION

COMMODITIES

Ag – Surpluses swamping markets for grains, meat, cheese, milk WSJ *

Ag – Trade in grains and oilseeds hits record volumes FT * *

Ag – Canadian pig farmers at a ‘crisis point’ over virus G&M

Ag – GM: Genetically Engineered Crops Are Safe, Analysis Finds NYT / AFP / WSJ

Ag – Sugar: Industry Headed for a Shake-Up WSJ *

Ag – Palm Oil: Environmental pressure on big growers FT *

Ag – Soybeans: Strong demand yields substantial price rise FT

Ag – Vanilla: Price of bean has tripled in year B *

Ag – Coffee: Drought Hurts Production in Vietnam WSJ *

Ag – Coffee: Ethiopians Desperate to Keep Their Fix WSJ *

Ag – Coffee: Under Threat mit



ENERGY & ENVIRONMENT

Power – Big US companies spearhead renewable energy drive FT * *

Power – Opposition to Hydro-Québec selling power in US G&M *

Power – EVs to sell power back to National Grid FT *

Power – Germany Just Got Almost All of Its Needs From Renewable Energy B *



HEALTH

ENDNOTE

Most common fuel used to heat the home / mm *