24 January 2014



Today’s Issue Cluster: Latin America



DATA POINTS

Canada – Nov: Dollar gets some breathing room as inflation ticks up; +1.2% from +0.9% / FP / G&M / CBC / B

Singapore – Q4: Home Price Posts 1st Drop in 2 Years; -0.9% was -0.8% / B

World – Markit PMIs / IBD *

World – Growth forecast / r *


MARKETS

Currencies – Developing-World Gets Battered WSJ / FT / R / B * *

Currencies – Yuan: Continues Its Rise For Global Payments WSJ / FT

Currencies – Rupee: India Lures Back Bond, Currency Investors WSJ

Currencies – Yen: SK Central Bank Concerned About Devaluation WSJ

Currencies – Aussie: Central Bank’s Ridout Seeks Fall WSJ


ECONOMICS

Argentina – Peso plunges after central bank stops intervening FT / WSJ / B / AP / NYT / FT * * *

Argentina – Kirchner Reappears, Sidesteps Economy WSJ / FT

Argentina – Default-Era Chaos Relived as Blackouts Follow Looting B

Argentina – Restricts Online Shopping to Stem Reserve Slide WSJ / FT

Argentina – The government is struggling to stay on its feet E *

Argentina – Still lying after all these years E *

Argentina – Woes Push Investors Away WSJ *

Brazil – Challenging year forces rethink of growth strategies FT *

Brazil – Class Struggle Goes to the Mall WSJ *

Peru – Middle class prospers from investment-driven growth FT

Peru – Coca production r *

Mexico – ‘New taxes will hit the poor hardest’ E *

Cuba – Castro’s unhurried reforms of Cuba economy falter FT *

Puerto Rico – Harbour of debt FT / AP * * * *

Puerto Rico – Flock North Away From Battered Economy WSJ *

LatAm – A gradual rebalancing of relations with Spain E * *


POLITICS & FISCAL POLICY

US – New Data Muddle Debate on Economic Mobility WSJ / NYT / AP / wapo / r * * * * *


MONETARY POLICY

RBI – Seen holding rates on January 28 on easing inflation R

BCB – Tombini Signals Rate Rise as Brazil Prices Unexpectedly Slow B / WSJ


FINANCE

EU – Germany, France attack plan to curb big banks R


REAL ESTATE

US – Home Sales Expected to Cool After Big Year WSJ *

US – Housing Stock Is Getting Older wsj *


SERVICES

Tobacco – Big firms are maintaining their poise, but quietly wheezing E *

Tobacco – Nicotine levels in cigarettes went up 15% between 1999 and 2011 bg

Tobacco – Tied to More Deaths, Types of Illness WSJ

Tobacco – US explores ‘end game’ FT *

E-Cigarettes – In Rural Jails, a Calming Vapor NYT
Marijuana – Legal Businesses Should Have Access to Banks, Holder Says NYT

Marijuana – Legal Weed Lures Investors to Industry BW *


MANUFACTURING

World – ‘Animal spirits’ of spending jostle for release FT *


TECH

PCs – Chromebooks Take Other Mobile PCs to School WSJ *


TRADE & TRANSPORTATION

Rail – Lac-Mégantic disaster: Watchdog issues recommendations CP / G&M

Rail – Safety Board Calls for Tougher Standards for Shipping Crude Oil WSJ / NYT

Rail – After crude-by-rail accidents, experts mull US oil market impact R

Pipeline – Keystone Decision on Collision Course With Midterms WSJ / AP


COMMODITIES

Platinum – South African miners strike to demand higher wages FT / R / AP / WSJ / WSJ

Gold – China becomes top consumer in 2013 FT


ENERGY & ENVIRONMENT



LABOR & EDUCATION

Spain – Job Market May Be Turning Around WSJ *

UK – A striking recovery in the labour market E *


HEALTH

Pharma – Drug Makers Tiptoe Back Into Antibiotic R&D WSJ *

Fertility – More Women Try to Get Pregnant With Medical Help WSJ *


ENDNOTES

The Chemicals in Our Food mr *


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