6 November 2014



Today’s Issue Cluster: Africa

ECB – ‘Monetary Fallacy? Deep Divisions Emerge over QE’
Pot – DEA ‘most interested’ in US investors in Canadian marijuana firms
Shale – US: Split Decision by Voters on Local Fracking Bans


MAJOR DATA POINTS

Germany – Sep: Factory Orders Point to Q3 Economic Contraction; +0.8% from -4.2% / WSJ / B / AFP / bi *

US – Week: Jobless claims decline; -10k to 278k / R / B / AP / cr *


MARKETS

Currencies – Ruble: Russia’s central bank withdraws support FT / WSJ / B / AP *

Currencies – Dollar: How far a distance can it travel? FT *

Currencies – Dollar: Rally puts focus on Beijing FT * * *


ECONOMICS

Burkina Faso – Africa’s leaders wake up to the Black Spring FT / NYT / B / BBC

Zimbabwe – ‘Gucci Grace’ Mugabe steps into politics FT * *

Zambia – Faces a Battle Over Leader’s Successor FT / WSJ / FT * * *

Nigeria – A nation divided E * *


POLITICS & FISCAL POLICY

Uganda – Chinese money will build infrastructure says Museveni FT

Congo – Seeks Investors for Farmland Bigger Than France WSJ

Botswana – Giant Diamonds Lure Investor Cash WSJ

Tanzania – Natural gas investment threatened by arrest of officials FT *

Mozambique – Prepares to harness vast gas reserves FT * *


MONETARY POLICY

ECB – Ready to inject €1t in the eurozone FT / WSJ / R / NYT / B / AP *

ECB – ‘Monetary Fallacy? Deep Divisions Emerge over QE’ S

ECB – Bank of Japan raises the bar FT * *

ECB – Bond Conundrum WSJ *

ECB – Expected to delve into more dangerous markets FT * *

ECB – ‘Fails to Stress Banks Over the One Critical Variable It Controls: Inflation’ cfr *


FINANCE

EU – Eurozone lending conditions improve FT *

EU – A look at the 25 failing European banks r *


REAL ESTATE



SERVICES

Pot – Proponents look to California after victories AP / NYT / r *

Pot – The Rush to Cash In Is Underway NYT

Pot – DEA ‘most interested’ in US investors in Canadian marijuana firms R *


MANUFACTURING



TECH

Data Centers – In Booming Industry, Proximity Is Key WSJ *

Data Centers – Web Weapon: No-Frills Option WSJ *


TRADE & TRANSPORTATION

Air – Lines Stock Surge in US Gets Help From Cheaper Oil B *

Air – Emirates, Etihad and Qatar Make Their Move on the US WSJ *


COMMODITIES



ENERGY & ENVIRONMENT

Shale – US: Saudis Go Back to the Future to Take on Rivals B

Shale – US: OPEC’s Weak Links Feeling Pain B / AP / WSJ

Shale – US: Boom Redraws Oil Routes as Alaskans Ship to Korea B

Shale – US: ‘Plays = jobs’ aei *

Shale – US: Split Decision by Voters on Local Fracking Bans NYT / WSJ / R / AP / WSJ

Shale – US: America’s Uneven Boost WSJ *

Shale – Canada: Falling Prices Hurt Some, Help Others WSJ

Shale – Canada: Newfoundland refinery swaps Iraqi crude for US R

Shale – China: Levies first fines for slow progress FT

Shale – Argentina: YPF seeks foreign partners FT / r * *


LABOR & EDUCATION



HEALTH

Ebola – Declines in Liberia WaPo *

Ebola – Number of People Under “Active Monitoring” in NYC Triples NBC

Ebola – US press not reporting cases until positive test forbes

Ebola – Researchers Seek Crucial Tool: A Fast, Finger-Prick Test NYT

Ebola – Race Is On to Detect Virus More Quickly WSJ


ENDNOTE

The 10 Longest Commercial Flights in the World reddit *


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