Today’s Issue Cluster: Oil
EMs – Downgrades Loom With Debt Cliff, S&P Warns
World – Longest Negative Rate Experiment Shows Perversions Ahead
Protein – Chile’s salmon sector hit by toxic algae bloom
China – Markit Composite PMI Lower; 50.8 from 51.3 / m *
US – Apr: Challenger planned layoffs surge; 65k, +35% / R
US – Week: Jobless Claims Rose; +17k to 274k / WSJ / AP
EMs – Downgrades Loom With Debt Cliff, S&P Warns B *
EMs – Debt burden at new high, says Fitch FT *
EMs – Flows maintain their momentum in April FT *
EMs – Net cash flows into corporate debt ‘could turn negative’ FT *
India – Sharp Growth Picture Gets Fuzzy WSJ *
India – Conglomerates throwing themselves into arms-making E *
India – Farm Subsidies Put Government in Bind WSJ *
World – Alarm bells ring over negative interest rates FT
World – Negative rates put pressure on central banks to take risks FT / WSJ *
World – Longest Negative Rate Experiment Shows Perversions Ahead B *
India – Banks face up to corporate debt problems FT *
Retail – Alibaba Sales Surge as Chinese Consumers Defy Gloom B *
Retail – China barriers won’t stop cross-border ecommerce FT *
Retail – New US Rules Make Foreign Goods Better Deal WSJ *
Retail – Mobile shopping shift spurs spending B *
Pipe – Dreams still alive for selected few in US energy rout R *
Protein – Breeders Stew Over How to Slow Pace of Chicken Growth WSJ *
Protein – Beijing taps emergency pork reserves as prices hit record high ft * *
Protein – Japan’s tuna imports fall as young prefer steak to sushi FT *
Protein – Chile’s salmon sector hit by toxic algae bloom FT *
Oil – Rises on oil sands supply outage FT *
Oil – Why This Year’s Rally Might Be for Real B *
Oil – Bulls bet waning shale boom will curb glut B *
Oil – Despite Shale Glut, US Imports More Foreign Crude WSJ *
Oil – Industry bankruptcy wave nears size of telecom bust R
Oil – Price Upheaval Finally Hits Refiners WSJ *
Oil – Petrochemicals Save Industry B *
Oil – US producers Ultra and Midstates fall victim to low price FT *
Oil – Price Drop Vanquishes Cutting-Edge Projects WSJ *
Oil – Banks Dodge One Risk WSJ *
Oil – Rally Isn’t as Deep Rooted as It Looks at First Glance B *
Oil – W. Africa crude down on cooled Chinese buying R *
Countries with more than one capital wiki *
