Today’s Issue Cluster: Pharma
US – May: Pending Home Sales in First in Two Years; -3.7% / CNBC
US – May: Consumer Spending Rose; +0.4% from +1.1% / WSJ / R
US – May: Core PCE Prices Increased; +1.6% from +1.6% / R
Brexit – Selling Might Already Be Over in the US B *
Brexit – Tourists Flocking to London B * *
Brexit – Germany has much to lose WSJ *
BOJ – Whispering sweet intervention warnings in Japan ft *
BOJ – Holds 34% of government bonds / t *
Brexit – EC Prepared to Help Avoid Run on Italian Banks WSJ / FT
Brexit – Hollande Takes Aim at City of London B *
Brexit – Moody’s lowers UK banks’ outlook to negative FT / WSJ
Brexit – Fall in share value is just one problem for UK banks FT *
Brexit – Adds to existing troubles faced by banks FT *
Brexit – Banks’ Credit Surviving the Storm WSJ / NYT
Brexit – Vote Roils UK Real-Estate WSJ *
Brexit – Vote Could Curb Asian Buyers’ Appetite for UK Assets WSJ *
Brexit – Chinese Buyers Look Again at Property WSJ *
Brexit – Time to Back Rebound in UK Home Builders WSJ *
Media – Hollywood’s Latest Stars Hail From China WSJ / WSJ *
Media – China’s Content Crackdown Forces Western Concessions WSJ *
AVs – Cost of car insurance to plunge FT * *
AVs – Rolls-Royce unveils its first driverless car FT *
AVs – World’s Biggest Robots Proves Challenging for Miners B *
AVs – Driverless Cars to Fuel Suburban Sprawl WSJ
Helium – Scientists Discover ‘Game-Changer’ Deposits in Tanzania B
Helium – Scientists Devise New Way to Find an Elusive Element NYT
Quakes – Land around the San Andreas fault is rising and sinking LAT *
Volcanoes – 200 years after Tambora, it could happen again E * *
Pharma – Industry Under Pressure B *
Pharma – As US Prices Rise, So Does Outrage B *
Pharma – ‘Cancer Drugs Can’t Stay This Expensive Forever’ B *
Pharma – Biotech Labs Birth New Drugs, and New Fortunes WSJ *
Pharma – Spending May Reach $1.4t by 2020 / B *
Pharma – Millions of microbes are yet to be discovered NYer
Photos taken by locals and tourists in London motw *
