Today’s Issue Cluster: EU Economy
Ukraine – US to unleash IRS on Russian banks
US – Home Price Gains Are Not Boosting Borrowing
Measles – CDC reports biggest outbreak since 1996
EZ – Mar: Retail Sales Rise as Economy Grows; +0.3% / WSJ / r *
EZ – Apr: Markit PMI off to bumper start in Q2; 54.0 from 53.1 / R / B / m *
UK – Apr: Markit services PMI hits 2014 high; 58.7 from 57.6 / R / B / m *
US – Mar: Trade deficit narrows as exports rebound; -$40b from -$42b / R / WSJ / AP / B / r *
Debt – Stubborn Treasury-Bond Yields Touch a Low WSJ *
Debt – Stressed investors seek periphery debt havens FT *
EU – Brussels Lowers Euro-Zone Inflation Forecast WSJ / FT / NYT / AP / R / AP / B / AFP*
EU – Portugal: Exits bailout without safety net of credit line FT / WSJ / NYT / R / B / NYT *
EU – Italy: Finance minister criticises Brussels over jobs and growth FT * *
EU – Italy: Resistance to Change Means Slow Recovery WSJ * *
EU – Italy: Optimism Grows, Defying the Numbers NYT * *
EU – UK: Goldilocks and the Three Charts wsj * * *
EU – EE: How “New Europe” has fared on its tenth birthday e *
EU – Unemployment Rates March 2014 / motw *
Ukraine – Kiev sends elite force to Odessa due to unrest AP / FT / AFP / wapo * *
Ukraine – US to unleash IRS on Russian banks AP
Ukraine – How Russia Inc. Moves Billions Offshore B
Ukraine – Crisis hardens Brussels stance on Gazprom pipeline FT
Ukraine – World’s Top Five Natural Gas Exporters / b *
Ukraine – World’s Top Five Natural Gas Importers / b *
ECB – Euro zone inflation edges up, swift action seen less likely R / r / WSJ * *
ECB – OECD urges Bank to loosen policy FT / WSJ
US – Holder: Banks Aren’t ‘Too Big to Jail’ WSJ / FT / B
US – Credit Suisse Nears Record Tax Plea WSJ
US – Lending crackdown sends loans into the shadows FT *
US – Big Banks Make Swaps a Foreign Affair WSJ *
US – Home Price Gains Are Not Boosting Borrowing wsj * * *
World – Surging property prices test regulators’ weaponry FT * *
Telecoms – Brewing Deals Bring Long-Promised Future Into View WSJ *
Telecoms – European cable: Ice age FT *
Mining – Shares are in recovery FT *
Silver – Looks Like Gold as Slump Defies More Car-Part Use B
Gold – Personality clash killed Barrick-Newmont deal G&M / FT / WSJ / FT *
Platinum – South African Platinum Miners Reject Pay Offer WSJ / FT / R
Steel – For China, Flatter Is Better WSJ *
Steel – Baoshan Says China Production Likely to Hit Another Record WSJ / N *
Zinc – Producers eye resuming operations FT *
Nickel – Soars as Indonesia sales ban bites FT *
Nickel – ‘Options boom shows scale of bulls’ ambitions’ r *
Aluminum – Production reaches new high FT / r * *
Coal – Dirty US Fuel Finds a Home in Europe WSJ *
Coal – Asian demand is set for robust revival, study says G&M
Polio – UN: Now a world health emergency WSJ / AP / NYT *
Measles – CDC reports biggest outbreak since 1996 WaPo
Main charges in coats of arms of countries in Europe motw *