Today’s Issue Cluster: Africa
US – ‘Criminalising the American company’
Ship – Canadian Ports Win on US Labor Concern
Oil – Shale in Texas Keeps Gas Prices Affordable
Japan – Jul: Core Inflation Rate Stays Steady; 3.3% from 3.3% / WSJ / B / FT *
Japan – Jul: Industrial production rises slightly; +0.2%, -0.9% yr / AP / B
EZ – Jul: Worrying inflation sags again; 0.3% from 0.4% / AP / R / FT / B / NYT / WSJ * *
Brazil – Q2: Economy slips into a recession; -0.6% from -0.2% / AP / R
US – Jul: Consumer Spending Declines; -0.1% from +0.4% / WSJ / B / R
US – Aug: UMich consumer sentiment rises; 82.5 from 81.8 / R / B / cr *
Currencies – ‘Fragile Five’: Back under pressure FT * * *
Currencies – Peso: Argentina’s Low Foreign Reserves Hit WSJ *
Currencies – Rouble: Hits record low against the dollar FT / WSJ
Currencies – Rouble: Weakness aids Russian metals groups Rusal and Evraz FT
Currencies – Rupee: India Central Bank Seen Intervening to Weaken WSJ *
Currencies – Won: Current Account Surplus Adds Pressure B *
Currencies – Yen: BOJ Pushing for Greater Global Role WSJ *
Currencies – Franc: Puts Spotlight on Swiss Central Bank WSJ
Currencies – Bitcoin: Tech race fuels mining bubble FT / R * * *
Currencies – Bitcoin: On To-Do List, Put Cash Into ATM nyt *
Africa – Ebola Sickens Economies B / BW / AFP / WSJ * *
Africa – Ebola virus piles pressure on iron ore miners FT
Africa – Bond Sales Losing Allure WSJ *
Africa – Banks Vie for a Piece of Mobile Banking Market WSJ *
Africa – China-aided line likely to transform regional trade N *
Africa – Can it survive such speedy growth? E * *
Ethiopia – Becomes China’s China in Search for Cheap Labor B / BW *
Nigeria – Unrest Takes Toll on Economy, Currency WSJ * *
Nigeria – Can Moguls Untangle Power Lines? WSJ *
Zimbabwe – No blank cheque for Robert Mugabe from China FT * *
Angola – Oil reserves boost growth but wealth remains concentrated FT * * *
US – ‘Criminalising the American company’ E * * *
ECB – Draghi Pushes Closer to QE as Deflation Risks Rise WSJ / B / R / WSJ / FT * *
ECB – ‘Keeps putting up the cash, but where’s the lending?’ r *
US – Banks Boosted Lending in Q2, FDIC Says WSJ *
US – Nonbank Mortgage Lenders Bounce Bank WSJ *
US – Subprime Auto Lending Rise Not Yet Worrisome: NYFed wsj * *
US – Banks Retreat From Market That Keeps Cash Flowing WSJ / FT / WSJ *
EU – Deflating the bubbles will not be easy E / E * *
EU – UK: London Property Market Falters as Buyers Resist Higher Prices B
Online – Wal-Mart Looks for Chinese Growth WSJ
Online – Amazon takes aim at Chinese rivals in Shanghai’s free-trade zone FT / WSJ
Ship – Chinese Operators Missing Out on Global Trade Rebound WSJ
Ship – Canadian Ports Win on US Labor Concern B
Water – US: California Drought Squeezes Wells WSJ *
Water – US: Profiting From California’s Epic Drought BW / AP *
Water – Iran: Dried out FT * *
Oil – Shale in Texas Keeps Gas Prices Affordable NYT *
Oil – US surge restrains prices despite heightened global turmoil G&M *
Oil – Too much light and a dearth of heavy in Americas G&M *
Oil – Locals tap majors’ Niger delta retreat FT *
Ebola – US health official: Ebola has ‘upper hand’ AP / FT / AP / WSJ *
Ebola – WHO warns of ‘shadow zones’ and unreported cases R *
Ebola – Crisis Worsens for Lack of Global Help WSJ *
Ebola – Drug Used for Related Virus Shows Promise NYT / R / WSJ
Technohyperbole: The annual “hype cycle” chart from Gartner e *