Today’s Issue Cluster: Energy Transport
Coffee – Fungus Cripples Coffee Across Central America
US – Labor market slack: “structural” vs “cyclical”
Gaming – Nearly Two Dozen Groups Seek New York Casino Licenses
China – Apr: HSBC Services PMI Falls; 51.4 from 51.9 / WSJ / m *
Germany – Mar: Factory orders drop unexpectedly; -2.8% from -0.9% / AP / r *
US – Q1: Productivity fell; -1.7% from +2.3% / AP / B / r *
World – OECD Cuts Forecast for 2014 Growth WSJ / R / AP *
World – Evolution of 2014 Bloomberg Consensus GDP Forecasts by Region / b *
World – Evolution of specific countries’ 2014 Bloomberg Consensus GDP Forecast / b *
World – Countries slow race to bottom on tax competition FT *
World – Switzerland pledges to lift veil on tax secrecy FT
World – Singapore completes US tax evasion deal FT
EU – Banks binge on capital to avoid stress test failure FT *
EU – Credit Squeeze in Euro Zone Eased in First Quarter, Says ECB WSJ
HK – Property Developers Try Discounts WSJ / WSJ / WSJ * *
Gaming – Is it time to cash in on the region’s casino investment game? FT *
Gaming – Junket Figure’s Disappearance Shakes Macau Industry WSJ *
Gaming – Nearly Two Dozen Groups Seek New York Casino Licenses NYT / WSJ * *
Alibaba – Launches US IPO FT / WSJ / NYT / R / B / WSJ q * * * * *
Pipeline – Europe stuck with Russian gas dependence, say G7 ministers R
Pipeline – How Germany Could End Russian Gas Dependency S *
Pipeline – Russia’s South Stream divides EU FT *
Pipeline – Gazprom: Eastern promises FT *
Pipeline – Gazprom cannot afford another supply shut-off to Ukraine FT
Pipeline – Gazprom Pushes Ahead With New Pipeline WSJ *
Pipeline – Russia forges ahead with project skirting Ukraine ft
Pipeline – Senate Democrats Weigh Vote Backing Keystone FT / B / FP *
Pipeline – Keystone Future Hinges on 19th-Century Railroad Reforms B
Pipeline – Keystone emissions amount to a fraction of what U.S. cows release into the atmosphere wapo *
Pipeline – How Obama Shocked Harper B * * * *
Pipeline – What’s behind the rising opposition to Canada’s big projects CBC / CBC *
Pipeline – Alberta: Ottawa needs to step up efforts for Northern Gateway B *
Pipeline – Alberta Clipper expansions struggle in Keystone pipeline’s shadow R
Pipeline – Plan to export Canadian crude via US port FT
Pipeline – Canada Finds China Option No Easy Answer to Keystone Snub B
Rail – Oil-train wreck brings demands for more regulation AP / NYT / WSJ / NYT / r *
Rail – California’s Oil Refiners Double Volumes B
Rail – BASF Looks to Ride US Shale Boom WSJ
Rail – NEB figures show Canada oil exports by rail up 900% CP
Oil – Gap Between Canadian, US Prices Narrows WSJ *
Coffee – Fungus Cripples Coffee Across Central America NYT *
Coffee – Vietnam to Uproot Old Trees WSJ *
US – Labor market slack: “structural” vs “cyclical” ft * * * * *
Pharma – Bayer Bulks Up Its Medicine Chest With Merck Brands WSJ / FT / WSJ * * *
Pharma – Sweden offers cautionary tale to UK over potential Pfizer deal FT / FT *
Pharma – Drugs pipeline under microscope FT
Pharma – The Research Race to Make Drugs More Efficient WSJ *
These Backpacks For Cows Collect Their Gas And Store It For Energy fastco *