22 April 2015



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 *


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