21 July 2014



Today’s Issue Cluster: Latin America

China – First Mortgage Debt Since Crisis Shows Li Concern
Milk – ‘The coming global glut’
US – White House Sees Few Labor Dropouts Returning


MAJOR DATA POINTS



MARKETS

Bonds – EM debt issuance hits record high FT * *

Bonds – Junk debt appetite wanes FT *


ECONOMICS

Argentina – Stopping a repeat of debt war FT / FT / B *

Argentina – If Debt Dispute Settled, More Claims Could Come WSJ

Argentina – Looks to China and Russia for support FT *

Puerto Rico – Real-Estate Investors See No Problems WSJ / WSJ * *

Mexico – Economy refuses to spark FT *

Mexico – Foreigners enthuse over Nieto’s reforms; locals are warier E * *

Colombia – Economy surges R *

Chile – Limits to growth FT * * *

Brazil – Lessons From Their War on Poverty 538 *

LatAm – Chases goals off the pitch FT * *

LatAm – Poverty, violence drive Central American exodus to US R *

LatAm – ‘Time to improve criminal justice’ E * * *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE

G20 – Carney leads push to break ‘too big to fail’ impasse FT *


REAL ESTATE

China – Posts Sharper Fall in Home Prices in June WSJ / B / b / b * *

China – First Mortgage Debt Since Crisis Shows Li Concern B / q * * *

China – Rich look abroad as home prices fall, others stay put R


SERVICES

Cigs – Jury Slams R.J. Reynolds With $23b in Damages WSJ / FT / AP / NYT / AP


MANUFACTURING

Defense – Japan Inc. Now Exporting Weapons WSJ

Defense – As China Stalks Satellites, US and Japan Prepare to Defend Them BW *

Defense – Cut Weapons Now, but Then What? WSJ *

Defense – Britain Frets Over Cost of Restoring Carriers WSJ *

Defense – Top five arms dealing nations and their biggest clients / afp *


TECH



TRADE & TRANSPORTATION



COMMODITIES

Milk – America’s Move to Soy Hobbles Dairy WSJ *

Milk – ‘The coming global glut’ q *


ENERGY & ENVIRONMENT

Oil – Prices fall to lowest in 3 months / r *

Oil – Supply setbacks will push price higher FT *

Oil – US: White House Opens Door to Exploring Atlantic NYT / B / R / AP

Oil – Iraq: Kurds pump from Kirkuk in defiance of Baghdad FT

Oil – China: Flexes Might With Energy Giants WSJ *


LABOR & EDUCATION

US – Wages remain stubbornly static, slowing the recovery FT *

US – Lower Job Churn Hurts Young Workers WSJ *

US – Young Workers, Short Tenures WSJ * * *

US – White House Sees Few Dropouts Returning wsj / bi * * * *


HEALTH

Pharma – Competition, Stock Surge Fuel Boom in Mergers WSJ / bi * *

Pharma – AbbVie $54b Deal for Shire to Reduce Taxes FT / WSJ / NYT / FT / WSJ * * *

Pharma – Who Should Pay the Bill for Wonder Drugs? BW *


ENDNOTE

New York’s rumored, very unofficial “dollar van” routes wapo *


Comments are closed.