Today’s Issue Cluster: Brazil
China – Devaluation may test HK dollar peg
ECB – Lays ground for longer QE program
HigherEd – Are Savvy Students Sabotaging Big Textbook?
Germany – Jul: Factory orders fall; -1.4% from +1.8% / AFP *
US – Aug: Slower Job Growth May Pause Rates; +173k not +220k / NYT / R / FT / WSJ / R / AP / B *
China – Devaluation Strengthens Hand at IMF WSJ *
China – Devaluation may test HK dollar peg N *
China – If something can’t go on forever, it won’t, FX policy edition ft * *
China – Bond Market Presents False Sense of Security WSJ *
China – Companies Share Investors’ Pain WSJ *
China – Foreign Firms Feel Chill WSJ *
Brazil – Rousseff faces growing impeachment threat AP
Brazil – Finance Minister Comes Under Fire From All Sides WSJ / B
Brazil – Central-Bank President Could Lose Cabinet Post in Austerity Move WSJ
Brazil – Economy Plunges in Second Quarter WSJ * *
Brazil – Struggles to fix fiscal crisis FT * *
Brazil – ‘Epic Era of Splurging Is Over’ B * * *
Brazil – Stock Market May Be Eclipsed by Mexico’s B *
Brazil – Desperate times, desperate moves E * *
ECB – Ready to Expand Stimulus WSJ / FT / NYT / B / AFP *
ECB – It Ain’t Easy Ahead of the Fed WSJ *
ECB – Lays ground for longer QE program b *
HigherEd – Why Americans Are Going Abroad for an MBA WSJ
HigherEd – Schools Want the Sky to Be the Limit on Loans BW
HigherEd – School-Loan Reckoning: 7m Are in Default WSJ *
HigherEd – Are Savvy Students Sabotaging Big Textbook? B *
Ads – Agency deals on the block in media ‘tsunami’ FT * * *
Ads – TV Remains King in Political Spending WSJ *
Ads – Apple Escalates Fight Over Blockers WSJ *
Ads – Marketing in the digital age E * *
Ads – Online shines in sputtering Thai economy R *
China/Australia – Turmoil Fuels Push Against Trade Deal WSJ *
TPP – Canadian, Mexican auto parts makers warn of fallout G&M
TPP – Auto-Parts Dispute Taps the Brakes WSJ *
Aluminum – China shuffle to form world’s top producer FT
Aluminum – Collapse in premiums hits trade FT
Aluminum – Battle for survival in the new global market r *
Trees – Loss slows, but covers area twice size of Portugal in 2014 R *
Trees – World Has Many More Than Previously Thought WSJ *
Pharma – Short sellers keep sights trained on biotechs FT
Pharma – Impact of biosimilars in the US will be gradual WSJ *
Pharma – Drug-Industry Rule Would Raise Medicare Costs WSJ
Pharma – Drug pricing comes under the microscope FT
Pharma – Hints of a hot and frothy biotech bubble FT
Big brands swap logo colors kottke / ps / ps *