5 September 2014



Today’s Issue Cluster: Latin America



MAJOR DATA POINTS

Germany – Jul: Output Beats Forecasts; +1.9% from +0.4% / WSJ / AP / AFP *

US – Aug: Jobs growth disappoints; +142k from +212k / FT / WSJ / NYT / AP / R / B *


MARKETS

Argentina – Global giants head for court in assets wrangle FT / WSJ * *

Brazil – ‘Marina effect’ lifts assets FT *


ECONOMICS

Brazil – Economy slips into recession FT / WSJ / B * * *

Brazil – Petrobras: Tarred by corruption FT *

Argentina – Companies fear radical turn FT * * * *

Argentina – Fernández support wanes as focus is on everyday concerns FT *

Argentina – Mix of Money and Politics Stirs Intrigue Around Kirchner WSJ * *

Colombia – Overtakes Peru to become the region’s fastest-growing big economy E *

Colombia – Wins Investors’ Favor—And That’s the Problem WSJ *

Venezuela – Opposition Fails to Exploit Woes, Leader Says WSJ *

Mexico – Looks to Raise Wages WSJ

Mexico – Nieto’s reforms fail to dispel gloom FT / E * * *

LatAm – Sluggish results show risks for US companies R *

LatAm – Countries are the most likely to default e *


POLITICS & FISCAL POLICY

Brazil – Polls Show Silva Defeating Rousseff WSJ / R / B / Folha *

Brazil – Silva Creates Competition for Rousseff WSJ *


MONETARY POLICY

BCB – Brazil Signals Key Rate on Hold Until Next Government Sworn In B


FINANCE



REAL ESTATE

Brazil – Bubble Seen Deflating Without Pop B


SERVICES

E-Cigs – Critics fume over WHO call for curbs FT

E-Cigs – Battle starts to heat up FT

E-Cigs – Reynolds taking nicotine gum national AP *


MANUFACTURING

Plug-Ins – Tesla Confirms Nevada to Get Battery Factory WSJ / NYT

Plug-Ins – US Utilities Push the Electric Car WSJ / WSJ *

Plug-Ins – Tesla, General Motors Lead IBD

Plug-Ins – Do bank analysts dream of electric cars? ft * * *

Plug-Ins – Electric cars as a medium for electricity storage and discharge ft * *

Plug-Ins – Electric cars fail to rev up Germans AFP

Plug-Ins – BYD develops new electric car with Daimler FT

Plug-Ins – China To offer tax breaks on electric cars, limited mostly to local brands R / WSJ


TECH

Internet – China troika sweeps up rivals FT

Internet – German companies struggle to rise to Silicon Valley challenge FT *


TRADE & TRANSPORTATION

Delivery – USPS Cutting Rates to Win E-Commerce Business WSJ / R / WSJ *

Delivery – Senators Seek Moratorium on USPS Closures WSJ *

Delivery – UPS and FedEx invest in technology to meet soaring demand FT *


COMMODITIES

Beef – Greener Pastures Signaling Rebound in US Supplies B

Pork – Awaiting an Uptick in US Demand WSJ

Pork – It Pays to Count China’s Little Piggies WSJ *


ENERGY & ENVIRONMENT

Coal – US: MT mine deal aims to boost Asian exports AP

Coal – India: Strike threat raises fuel shortage fears FT

Coal – Indonesia: Doubts speed of China import curbs R / r *


LABOR & EDUCATION

Brazil – Slump hits job market as election approaches R *

Brazil – Workforce Drop to Shield Jobless Rate B *


HEALTH

Pharma – FDA Approves Merck’s Cancer Drug WSJ / NYT *

Pharma – Powerful New Cancer Drugs Offer Hope—at Steep Cost WSJ


ENDNOTE

Grade expectations E *


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