30 January 2015



Today’s Issue Cluster: Telecoms

Canada – Growth is shifting away from the oil-producing west
Gold – Russia buys record amounts
Oil – US Shale Boom Warps Production Cost Curve


MAJOR DATA POINTS

Japan – Dec: Core inflation slows further; +0.5% / FT / B / AFP *

Japan – Dec: Industrial production rose; +1.0% / WSJ *

Taiwan – Q4: Growth Slows; +1.17%, +3.17% yr / WSJ / B / AFP

EZ – Jan: Falls deeper into deflation; -0.6% from -0.2% / FT / WSJ / NYT / AP / AFP *

Spain – Q4: Grows at fastest rate in seven years; +0.7% from +0.5% / WSJ / FT *

Canada – Nov: GDP shrank; -0.2%, +1.9% yr / CBC / G&M / B / R

US – Q4: Economic Growth Slows; +2.6% from +5.0% / WSJ / FT / AP / R / NYT / B *

US – Q4: Personal consumption spending rose; +4.3% from +3.2% / ft *

US – Q4: Labor Costs Inch Up; +0.6% from +0.7% / WSJ / R / AP / B

US – Jan: UMich consumer sentiment rises to best since 2004; 98.1 from 93.6 / R / WSJ / cr *


MARKETS

Currencies – Tumult Stokes Big Bets WSJ *

Currencies – Renminbi not immune from emerging market outflows FT * *

Currencies – Google Revenue Hurt by Rising Dollar WSJ *


ECONOMICS

Canada – Growth is shifting away from the oil-producing west E *

Canada – Diversifying Alberta’s economy away from oil won’t be easy CBC * *

Canada – Will oil’s big drop pop housing bubble? b * * * *


POLITICS & FISCAL POLICY



MONETARY POLICY



FINANCE



REAL ESTATE



SERVICES

Prisons – Grapple With Aging Population WSJ *

Prisons – Serco demonstrates the perils of doing governments’ dirty work E *

Prisons – What To Expect Now That California Passed Prop 47 538 *

Prisons – Institutionalisation in the US ft *

Prisons – Profit by stopping family visits E *


MANUFACTURING



TECH

Telecoms – Comcast-TWC $45b deal faces new hurdle FT * *

Telecoms – US spectrum auction raises record $45b FT / WSJ / WSJ / E *

Telecoms – Give the Government an Unexpected Gift: $44b BW *

Telecoms – Google Lobbies for Cheaper Airwaves WSJ *

Telecoms – Industry Readies for a Net-Neutrality Fight WSJ / WSJ / WSJ / WSJ

Telecoms – Europe’s heavyweights call for lighter net neutrality rules R

Telecoms – Net Neutrality: To be continued E *

Telecoms – Google on a gambit to raise US internet speeds FT / WSJ *

Telecoms – Hit by Cellphone Cost Worries WSJ *

Telecoms – AT&T losing war on mobile battleground FT / FT / WSJ * *

Telecoms – AT&T and Verizon’s appeal to value investors at risk FT *

Telecoms – Thailand’s industry racked by politics, legal battles N *


TRADE & TRANSPORTATION



COMMODITIES

Gold – Russia buys record amounts FT

Gold – Tarnishes as US Economy Strengthens WSJ *


ENERGY & ENVIRONMENT

Oil – Plunge Sours Big-Budget Energy Projects WSJ / WSJ *

Oil – Smaller explorers’ borrowing costs soar as crude prices fall FT * *

Oil – Price Slide Hits LNG Markets WSJ *

Oil – US Shale Boom Warps Production Cost Curve / bi *


LABOR & EDUCATION



HEALTH

Data – Cerner, Athenahealth And Veeva Chase Cloud-Based EHR IBD

Data – Doctors Find Barriers to Sharing Digital Medical Records NYT

Data – Diagnoses fraud FT / FT * *


ENDNOTE

The religious beliefs of Europe’s leaders q *


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