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
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
Africa – Tale of Two Currencies WSJ *
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 *
Burundi – Sliding towards anarchy E * *
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 *
Air – Carbon-offset deal would cost $6b in 2025: IATA R
Air – Terror, Crashes Weakens European Travel WSJ *
Protein – Are Eggless Mayo and Plant-Based ‘Oysters’ Worth $1b? B *
Protein – Cheap Beef Is Here for Summer B *
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
Country flags: A star is the most common symbol *