24 April 2014



Today’s Issue Cluster: Water

Fragile Five – Pariahs to investor darlings
China – To allow private investment in 80 projects
Coal – ‘Best Hope’ Rising With Costliest US Power Plant


MAJOR DATA POINTS

SK – Q1: Economy Grows More Than Forecast as Exports Climb; +0.9%, +3.9% yr / B / b *

Germany – Apr: Ifo Says Positive Mood Despite Ukraine Crisis; 111.2 from 110.5 / B / WSJ / r *

US – Mar: Orders for Durable Goods Poured In; +2.6% from +2.1% / B / R / r *

US – Week: Jobless Claims Rise More Than Forecast; +24k to 329k / B / WSJ / R / r *


MARKETS

Fragile Five – Pariahs to investor darlings: What’s next? ft *


ECONOMICS

China – To allow private investment in 80 projects R *

China – Firms Turn to Foreign Investors to Borrow WSJ *

China – PMI shows output and jobs link worsening / b *


POLITICS & FISCAL POLICY

France – Treads fine line on EU deficit-cutting targets FT / WSJ / R / E / AFP / FT / r * *


MONETARY POLICY

RBNZ – Raises Key Rate for Second Month as Recovery Gains Pace B / NZH / AFP / SMH

RBA – Australia’s Slowing Inflation Restrains Rate-Rise Bets B / wsj / WSJ *


FINANCE

EU – German banks next to join ‘coco’ party FT *

EU – Deutsche Bank rights issue back on table FT / FT / FT *


REAL ESTATE



SERVICES

Online – US regulators to propose new net neutrality rules WSJ / FT / R / NYT


MANUFACTURING



TECH

Mobiles – Apple shares jump on iPhone sales FT / WSJ / B * *

Mobiles – China becomes the iPhone growth story FT

Mobiles – As Phone Subsidies Fade, Apple Could Be Hurt WSJ *

Mobiles – ‘Why Apple has stopped growing’ q *


TRADE & TRANSPORTATION

Rail – Freight Train Blues Hit Car Supplies WSJ *

Rail – Canada Toughens Rules for Shipment of Dangerous Goods WSJ / AP / G&M *


COMMODITIES

Water – Desalination Plant Said to Be Planned for Thirsty Beijing NYT *

Water – Without action today, Asia’s future will be a dry one N * *

Water – Shortages pose growing risk for American companies FT / NPR

Water – Drought in SW Fuels Dispute Over Silvery Minnow WSJ *

Water – Brushing Teeth With Sewer Water Next Step as Texas Faces Drought B *

Water – California’s big dry shows little let-up FT / AP / NYT *

Water – El Niño Probably Won’t Quench California’s Thirst 538 *


ENERGY & ENVIRONMENT

Coal – Black Lung Disease Spurs New Rules WSJ *

Coal – Light Goes Out on UK Industry WSJ *

Coal – The fuel of the future, unfortunately E *

Coal – ‘Best Hope’ Rising With Costliest US Power Plant B * * *


LABOR & EDUCATION



HEALTH

Costs – Price of Treatment May Influence Doctors NYT * *

Costs – Health Care Spending’s Recent Surge Stirs Unease NYT

Costs – Come Off the Boil wsj *


ENDNOTES

Which Team Every State/Province is Rooting For In The NHL Playoffs im *


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