31 December 2014



Today’s Issue Cluster: Carbon Policy

Air – Rapid growth leaves Asian lines searching for pilots
Rubber – Seven countries allying to halt price slide
Currencies – Bitcoin: Sputters as adoption stalls


MAJOR DATA POINTS

China – Dec: HSBC Manufacturing PMI Slips; 49.6 from 50.0 / WSJ / AP / B *

US – Nov: Pending Home Sales Rise; +0.8%, +4.1% yr / WSJ / AP / R / B

US – Oct: Case-Shiller home price growth slows for 11th month; +4.5% / AP

US – Week: Jobless Claims Climbed More Than Forecast; +17k to 298k / B / R / WSJ / AP / cr *


MARKETS

Currencies – No relief in sight for some of the battered FT *

Currencies – Dollar: Surge Pummels Companies in EMs WSJ *

Currencies – Bet on rising renminbi still a safe one FT

Currencies – Bitcoin: Sputters as adoption stalls R / B / WSJ / q / WSJ * *


ECONOMICS



POLITICS & FISCAL POLICY

Greece – Samaras Has Four Weeks to Trump Syriza B / NYT / e * *

Greece – Syriza no longer terrifies some investors FT / WSJ / AFP *


MONETARY POLICY



FINANCE



REAL ESTATE

UK – House price inflation slows to 13-month low R / FT * *

UK – London House Prices Will Stagnate Next Year, RICS Says B / B


SERVICES

Delivery – UPS, FedEx Got Back On Time This Holiday WSJ

Delivery – Ecommerce model proves difficult to drive FT


MANUFACTURING



TECH



TRADE & TRANSPORTATION

Air – Crash May Mean Four-Year High Air Deaths B / 538 * * *

Air – Malaysia Mystery Fails to Spur Changes WSJ

Air – Rapid growth leaves Asian lines searching for pilots AP

Air – India’s SpiceJet struggles to stay aloft FT / WSJ *

Air – Major airline considering “Economy Minus” LAT

Air – US lines: turning the page FT *


COMMODITIES

Rubber – Loses Steam as Southeast Asian Producers Strategize WSJ

Rubber – Seven countries allying to halt price slide N *


ENERGY & ENVIRONMENT

Carbon – World: ‘Pope’s edict on climate change will anger deniers’ G

Carbon – World: Climate Talks Yield Plan to Spread Burden of Emission Cuts WSJ *

Carbon – US: Regulatory Push Coming from Obama Administration WSJ *

Carbon – US: Obama Professor Tribe Calls Key EPA Rule ‘Overreach’ B / FT

Carbon – EU: Paris and Berlin seek to delay cuts in car emissions standards FT

Carbon – Japan: CO2 emissions hit record as fossil fuel consumption rises R *

Carbon – India: Modi, Favoring Growth, Pares Back Environmental Rules NYT


LABOR & EDUCATION



HEALTH

H3N2 – Severe Flu Cases on the Rise in US WSJ / LAT / dm *


ENDNOTE

Meta: Best Of ‘Best Of 2014’ List 538 *


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