Today’s Issue Cluster: HigherEd
Germany – May: Output Unexpectedly Drops; -1.3% from +0.5% / B
US – Jun: ADP Private Payrolls Rise; +172K from +168K / WSJ / R
US – Week: Jobless Claims Fell; -16k to 254k / WSJ / R / B
EMs – Focus on dollar amid Brexit turmoil FT *
EMs – Global Manufacturing PMI Stays Negative / t *
Russia – Savior From Oil’s Drop Is Now Snuffing Out Recovery B *
Russia – ‘Can Quadruple Its Domestic Debt’ B *
Russia – Resurrecting ties with Southeast Asia WSJ *
Russia – Merkel says Moscow damaging Europe’s security FT *
Italy – Bonds Brace For What Could be the Next Big Risk B *
Italy – Populist Politicians Take On Massive Debt Pile BW *
Italeave – Romes’s Turn to Get Worried B / bi * *
Italeave – Five Star now top party, wants referendum on euro FT / FT
Italy – Plan for Banks Could Roil Europe NYT / FT
World – Losses Near Half a Trillion Dollars WSJ *
HigherEd – College-Educated Now Dominate the Labor Market wsj *
HigherEd – College Loan Glut Worries Policy Makers WSJ *
HigherEd – Student Debt to Set Another Record, But the Picture Isn’t All Bad wsj
HigherEd – Many Chinese Students Come to the US WSJ *
HigherEd – US Bounty of Foreign Students Thins WSJ *
HigherEd – Foreign Students Seen Cheating More Than Domestic Ones WSJ *
HigherEd – Two-thirds of UK students ‘will never pay off debt’ FT *
Trucks – Orders Fall to Lowest Since 2010 WSJ *
RVs – Thor, Jayco Trailers, Winnebago Turnaround Keys IBD
Telecoms – Verizon to Raise Monthly Wireless Plans WSJ *
Telecoms – Altice’s Big US Cable Ambitions Begin With Austerity WSJ *
Air – US Lines Dive Worst in Five Years B *
Air – LatAm lines losing a lot of money E *
Salmon – Toxic algae drive up insurance costs for Chile’s salmon farms FT * *
Salmon – Biggest Producer Wants to Farm Fish Inside Cargo Ship B *
2nd, 3rd, 4th most common language by US state reddit * * *