26 August 2014



Today’s Issue Cluster: Ukraine Crisis

E-Cigs – Should be banned for minors: US heart association
Australia – Is the model in trouble?
OSs – China Developing Software to Take on Microsoft, Google and Apple


MAJOR DATA POINTS

US – Jul: Durable Goods Surge on Aircraft Demand; +22.6%, -0.8% w/o transp / B / WSJ / R *

US – Jun: S&P/Case Shiller home prices declined; -0.2%, +8.1% yr / R / B *


MARKETS

Stocks – US: S&P 500 passes 2,000 for the first time FT / WSJ * *

Stocks – China: Shares Gain as Investors Seek Safety in Blue Chips WSJ *

Stocks – China: New Stocks Link Seen Carrying Risks WSJ

Stocks – EU: Top UK Fund Manager Says Equities Are Overvalued WSJ *

Stocks – EU: Investors Rethink Bets on Europe Shares WSJ * *

Stocks – EU: Down but not altogether out FT * * *

Stocks – Asean: Southeast Asia strong on solid economies N / R *


ECONOMICS

Australia – Is the model in trouble? ft * * * *


POLITICS & FISCAL POLICY

Ukraine – Poroshenko calls snap parliamentary elections FT / B

Ukraine – Economy is broken down FT * * *

Ukraine – Russia Pressures McDonald’s WSJ / AFP / AP / AFP / q * *

Ukraine – Russia sanctions take toll on Germany FT

Ukraine – Rabobank and Raiffeisen warn on impact of sanctions FT

Ukraine – Statoil Warns of Russian Delays as Sanctions Bite WSJ

Ukraine – Westinghouse urges EU to break dependency on Russian nuclear fuel FT *

Ukraine – South Stream gas project may now be a pipe dream FT / NYT / AP / NYT *

Ukraine – Europe’s Brewers Hit by Lower Russian Spending WSJ *

Ukraine – Russia rushes to diversify import sources N *

Ukraine – Countries Hardest Hit By Russia’s Trade Ban / statista *

Ukraine – Surge in Putin Patriotism Masks Pain of Sanctions B

Ukraine – Rosneft hit by western sanctions as $2b Vitol deal scrapped FT

Ukraine – Russian agriculture struggles to meet self-sufficiency FT * * * * *


MONETARY POLICY



FINANCE

Australia – Great borrower grief FT *


REAL ESTATE



SERVICES

E-Cigs – Under Scrutiny for Listing as Flight Hazard NYT

E-Cigs – Imperial to Be Blu Even as Sales Lag B

E-Cigs – State Attorneys General Urge Tougher Curbs WSJ / NYT

E-Cigs – Should be banned for minors: US heart association AFP / R / NYT / AFP

E-Cigs – Heart group: Might help smokers quit AP / B


MANUFACTURING



TECH

OSs – China Developing Software to Take on Microsoft, Google and Apple NYT / X


TRADE & TRANSPORTATION

Ship – Container rise bodes well for world trade AP

Ship – Surprise Summer Traffic Surge Snarls Rotterdam Port WSJ *

Ship – Panama Weighs Another Canal Expansion B / AP / E * *


COMMODITIES

Metals – Aluminum: Ford Truck Plan Picks Up Speed WSJ

Metals – Gold: India’s Appetite Improves WSJ *

Metals – Copper: Peru to become world’s second-largest producer FT

Metals – Silver: Physical bar and coin demand vs industrial applications / t *


ENERGY & ENVIRONMENT



LABOR & EDUCATION



HEALTH

Pharma – Chinese R&D marks step forward FT * *

Pharma – DEA Restricts Narcotic Pain Drug Prescriptions WSJ *

Pharma – ‘Plantibodies’ drugs advance as big companies stand aside R

Pharma – Pharmacies Pit Insurers vs. Compounders NYT


ENDNOTE

Y-DNA human migration motw *


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