4 March 2014



Today’s Issue Cluster: Autos

Ukraine – Crimea Makes Poland Think Again About Euro
China – Faces Lost Decade as Stocks Echo Japan
Doctors – New US Law Has Many Seeking a Network


DATA POINTS

EZ – Jan: Producer Prices Fall at Fastest Annual Rate Since 2009; -0.3%, -1.4% yr / WSJ

US – Jan: Home prices rose at solid pace; +0.9% from -0.1% / AP


MARKETS



ECONOMICS

China – GDP Goal Under New Scrutiny WSJ *

China – As Rest of Economy Weakens, Exports Surge NYT

China – Austerity Drive Spreads Beyond Ferraris to Funerals B

China – Faces Lost Decade as Stocks Echo Japan B *


POLITICS & FISCAL POLICY

Ukraine – War fears decimate Russian stocks FT / WSJ / R / WSJ * * *

Ukraine – Investors start to fret over corporate exposure to Russia FT *

Ukraine – Investors count cost for Russian rouble FT / MT

Ukraine – EU leaves open option of ‘targeted measures’ against Russia FT

Ukraine – Gas prices leap on Russia’s Crimea move FT R * *

Ukraine – False Spark for Oil Prices WSJ *

Ukraine – Crisis could be greatest test of pipeline politics FT *

Ukraine – Wheat, Corn Prices Surge WSJ / WSJ

Ukraine – Has 30% trade dependence on Russia; Russia relies on Ukraine for 6% / b *

Ukraine – Trade activity more dependent on the CIS than the EU / b *

Ukraine – Language line / *

Ukraine – Ethnic Russians outside Russia in the former USSR, circa 1994 motw *

Ukraine – Crimea Makes Poland Think Again About Euro WSJ


MONETARY POLICY

BOK – Ex-Deputy Lee Named to Head Central Bank FT / B / wsj

BOK – Bank Urged by President’s Adviser to Keep Rates on Hold B / b *


FINANCE



REAL ESTATE



SERVICES



MANUFACTURING

Autos – Carmakers Say US Sales Were Sluggish WSJ / FT / NYT / cd * *

Autos – Makers extend US discount wars through March R *

Autos – Car Makers Snip US Pricing Now to Avoid Haircuts Later WSJ *

Autos – Mexico to trump Japan as No. 2 exporter to US AP / G&M *

Autos – Average days to sale for US autos at post-crisis peak / b *

Autos – Inventory to Sales & Total Inventory Days / b *

Autos – EU Recovery Gains Pace WSJ *

Autos – Shop-floor workers left behind as UK industry speeds ahead FT *

Autos – China Brands Doomed If Foreign Ownership Relaxed B

Autos – Iran’s sector faces slow revival after sanctions lifted FT *

Autos – India car sector eyes getting back en route after crash FT / FT *

Autos – Tata faces make-or-break moment in its home market N *

Autos – Nissan joins rivals in suffering setback from Thailand troubles FT / WSJ *

Autos – Toyota caps off carmaker exodus from Australia FT / R / AP / WSJ / B / SMH / N / WSJ *

Autos – Hyundai poised to add new capacity R *

Autos – Peugeot Secures $1.1b Lifeline From China WSJ / FT / FT / WSJ * * * *

Autos – Lexus Keeps Crown in Reliability Survey WSJ *

Autos – Tesla Projects Big Increase in Production WSJ *

Autos – Tesla Plans $5b Battery Factory WSJ / FT / q / bi * *

Autos – Electric Cars Get a Needed Jolt in China WSJ

Autos – Bombardier charges into electric buses FT

Autos – Pricey Hydrogen Cars to Challenge Electric WSJ *

Autos – Urban Migration May Stall Industry Growth B *


TECH

AI – Rapid advances threaten white-collar workers FT


TRADE & TRANSPORTATION

Rail – In Dakota Oil Patch, Trains Trump Pipelines WSJ *


COMMODITIES

Dairy – ‘White gold’ turns New Zealand into the ‘Saudi Arabia of milk’ FT * *


ENERGY & ENVIRONMENT

Air – EPA Said Poised to Issue Lower Sulfur Limits on Fuel WSJ / B / NYT / AP


LABOR & EDUCATION



HEALTH

Doctors – New US Law Has Many Seeking a Network NYT


ENDNOTES

Colors of European Motorway Signs am *


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