9 April 2014



Today’s Issue Cluster: Africa

China – Deadbeat shipyards stick banks with default bill
Alt – Shale Gas Boom Leaves Wind Companies Seeking More Subsidy
US – Beveridge Curve Starting to Look a Little More Normal


DATA POINTS

Germany – Feb: Trade surplus down; +€15.7b / AP *

UK – Feb: Trade Gap Narrows on Slide in Aircraft Imports; -£9.1b / B

Spain – Feb: House sales down; -23.9% / m *

Ghana – 2013: Economic growth lower; +7.1% from +8.8% / R

US – Feb: Wholesale inventories up; +0.5% from +0.8% / R / AP *


MARKETS

Bonds – Greece seeks to prove it has broken free of crisis mode FT / AP / q * * *

Bonds – Italy, Spain Narrow Gap With US, German Yields WSJ * *


ECONOMICS

Africa – Ebola outbreak among ‘most challenging’ ever: WHO AFP / R / R / B / WaPo * * *

Africa – Hits a bump on the road to prosperity FT *

Africa – Banks: Fragile dream FT *

Africa – African Investors Join Scramble WSJ *

Africa – ‘One size fits all’ marketing by global companies fails FT / FT

Africa – A burgeoning commercial axis with India ft * * * *

Africa – New battleground for global hotel industry FT *

Africa – Hopes population bulge may create prosperity seem to have been overdone E *

Africa – Ratio of Muslims to Christians / am *

Africa – Nigeria: Has become largest economy e *

Africa – Equatorial Guinea: Squandered riches FT / R / R * * * *

Africa – Sudan: Rage against the regime FT *

Africa – Sudan: In steepening decline E *

Africa – Kenya: ‘Rollicking haphazardly along’ E * *


POLITICS & FISCAL POLICY

Quebec – Separatist party suffers crushing defeat WSJ / AP / B / G&M / CP / CBC

Quebec – The ruling PQ has badly misjudged Quebeckers’ appetite for sovereignty E / G&M * * *

Quebec – Separatist Worries Resurface in Montreal WSJ *

Catalonia – MPs to stoke tensions with refusal of referendum request FT / WSJ / FT / FT

Scotland – Would face immediate £23b debt upon independence: thinktank G

Baluchistan – Separatists in Pakistan Claim Train Bombing That Kills 16 WSJ

Trans-Dniester – Leader wants independence AP

Ukraine – Separatists build barricades, Kiev warns of force R


MONETARY POLICY

BOJ – Refrains From Boosting Stimulus as Recovery Seen FT / WSJ / AP / R / B / N / B / B


FINANCE

China – Deadbeat shipyards stick banks with default bill R *


REAL ESTATE



SERVICES



MANUFACTURING

Defense – Russia’s militarism has caught NATO with its guard down after years of cuts FT *


TECH

Telecoms – Comcast Argues for Time Warner Cable Deal WSJ / FT / NYT / R / AP / B

Telecoms – Sprint Could Throw Broadband Up in the Air WSJ *

Telecoms – The people who aren’t ready to cut just yet q *

Telecoms – AT&T Experiment Would Cut Landline in Alabama Town WSJ * *


TRADE & TRANSPORTATION



COMMODITIES

Coffee – Ritzier Brews Contract Conflicts WSJ / WSJ * *


ENERGY & ENVIRONMENT

Alt – Germany, EU clinch deal on renewable surcharge rebate R / WSJ / NYT

Alt – Shale Gas Boom Leaves Wind Companies Seeking More Subsidy B

Alt – Ukraine stand-off aids renewables’ case FT *


LABOR & EDUCATION

US – As Wage Debate Rages, Some Have Made the Shift WSJ * *

US – Beveridge Curve Starting to Look a Little More Normal wsj *


HEALTH

Pharma – Takeda ordered to pay record $6b over diabetes drug claim FT / WSJ / NYT / R / AP / B / FT *


ENDNOTES

Which Coffee Chains Dominate North America bi *


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