Today’s Issue Cluster: Electricity
German – Dec: Industrial orders decline unexpectedly; -0.5% from +2.4% / WSJ / AP / B
UK – Jan: Halifax house prices rise at fastest pace in three months; +7.3% from +7.5% / R *
Australia – Dec: Trade balance hits surplus as exports jump; +A$468m from +A$83m / ABC / SMH
Australia – Dec: Retail sales ring up eighth monthly rise; +0.5% from +0.7% / Aus
Canada – Dec: Export recovery still elusive as trade gap grows; -C$1.7b from-C$1.5b / G&M / CBC / R *
US – Dec: Trade Deficit Widens More Than Forecast as Exports Decrease; -$38.7b from -$34.6b / AP / R / B *
US – Q4: Productivity grew; +3.2% from +3.6% / AP / B *
US – Week: Jobless Claims Decreased; -20k to 331k / R / AP / WSJ / B *
US – Jan: Challenger planned layoffs jump; +47% / WSJ *
Ukraine – Currency in Free Fall WSJ / FT
Ukraine – US and EU step up bid to woo country FT / R / AP
LatAm – Inflation Fuels Crises in Argentina and Venezuela WSJ / FT *
LatAm – Dispute Leads Argentina to Revise Index WSJ
LatAm – Gobal Companies Address Risk WSJ *
LatAm – Mexico secures coveted A-grade credit rating from Moody’s FT / WSJ
India – Narendra Modi’s market model FT *
ECB – Keeps interest rates on hold despite deflation fears FT / WSJ / NYT / AP / R / B / B
BOE – Holds fire on forward guidance FT / WSJ / NYT / R / AP / B
Swiss – Housing Market Bubble Looms Closer, UBS Says B
Tobacco – CVS will stop selling cigarettes FT / WSJ / NYT / AP / R * * *
Tobacco – Cost Of A Pack Of Cigarettes Around The World / bi *
E-Cigarettes – Altria Expands With Green Smoke WSJ / wsj *
Security – US retailers face pressure to raise spending R / WSJ
Security – Growing Threat Environment Spurs Software Products IBD
Ship – Panama Canal Expansion on ‘Brink of Failure’ WSJ / FT / AP / R
Ship – Panama’s $5b Canal Upgrade Jolts US Ports From CA to NJ B
Cotton – Drought: Output in Australia Seen Declining B
Beef – Drought: Australia culls cattle, clouds beef-supply outlook R *
Coffee – Drought: Brazilian Dry Spell Stirs Prices WSJ / FT * *
Coffee – Connoisseurs boost high-end market FT / B *
Electricity – Assault on California Power Station Raises Alarm on Potential for Terrorism WSJ *
Electricity – New Pollution Rules Choke Old Power Plants WSJ *
Electricity – Turning Down US Power’s Dimmer Switch WSJ *
Electricity – Europe’s utilities squeezed by creeping nationalization R
Electricity – EU Energy Crisis ft *
Electricity – Claims of high EU energy prices ‘overblown’ FT
Electricity – The risk of UK shortages is rising E
Electricity – China installed record amounts of solar power in 2013 – But coal is still winning wapo * * * *
Electricity – Asean: Price shock coming ft *
F&B – Evidence against sugar in food mounts up FT *
F&B – Overweight Americans who pick diet drinks eat more food: study R
F&B – Coca-Cola coming in a capsule FT / R / AP
F&B – A sweet Asian fruit tempts the troubled soft drink industry R *
F&B – Junk Food Feels the Heat in Latin America WSJ *
F&B – The war against butter is over. Butter won q * *
Opportunity Rover Nearly Unrecognizable After 10 Years On Mars bi *