<\/code><\/p>\n
\nToday\u2019s Issue Cluster: Shale<\/p>\n
South Africa \u2013 Junk Rating a Matter of Time
\nChemicals \u2013 Big mergers may give only temporary relief
\nAir \u2013 Carbon-offset deal would cost $6b in 2025: IATA
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\nMAJOR DATA POINTS<\/b><\/a><\/p>\n
Singapore – Q1: Temporary Boost From Manufacturing; +0.2% was flat \/ B<\/a><\/p>\n
US – May: Markit flash Composite PMI falls; 50.8 from 52.4 \/ m<\/a><\/p>\n
US – May: Markit flash Services PMI falls; 51.2 from 52.8 \/ m<\/a>
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Africa – Tale of Two Currencies WSJ<\/a> *<\/a>
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Africa – IMF cuts growth forecast to 3% in 2016 FT<\/a> *<\/a><\/p>\n
Africa – Weakening Growth Calls for Policy Reset imf<\/a> *<\/a><\/p>\n
Africa – Optimism evaporates with collapse in commodity prices FT<\/a> *<\/a><\/p>\n
Africa – Farmers Get No Breaks at Gas Pump WSJ<\/a> *<\/a><\/p>\n
South Africa – SARB sees risk of credit-rating cut to junk B<\/a> *<\/a><\/p>\n
South Africa – Junk Rating a Matter of Time B<\/a> *<\/a><\/p>\n
South Africa – Zuma frustrates Gordhan\u2019s bid to rescue economy S<\/a> *<\/a><\/p>\n
South Africa – Mining output falls the most on record \/ *<\/a><\/p>\n
Nigeria – Import curbs drain life from bustling Lagos ports FT<\/a> *<\/a><\/p>\n
Nigeria – Strategists are criticizing latest plan to rescue its currency B<\/a> *<\/a><\/p>\n
Kenya – Bucks Africa\u2019s economic trend FT<\/a> *<\/a>
\n
<\/code><\/p>\n
\n
POLITICS & FISCAL POLICY<\/b><\/a><\/p>\n
Burundi – Sliding towards anarchy E<\/a> *<\/a> *<\/a>
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<\/code><\/p>\n
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MONETARY POLICY<\/b><\/a><\/p>\n
\n
\n
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LABOR & EDUCATION<\/b><\/a><\/p>\n
\n
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MANUFACTURING<\/b><\/a><\/p>\n
Chemicals – Monsanto Open to Talks FT<\/a> \/ WSJ<\/a> \/ B<\/a><\/p>\n
Chemicals – Bayer\u2019s $62b Monsanto Bid Raises Concern Over Final Price B<\/a> *<\/a><\/p>\n
Chemicals – How predator Monsanto became the pursued FT<\/a> *<\/a> *<\/a><\/p>\n
Chemicals – House Passes Sweeping Safety Bill WSJ<\/a><\/p>\n
Chemicals – Big mergers may give only temporary relief E<\/a> *<\/a>
\n
<\/code><\/p>\n
\n
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TRADE & TRANSPORTATION<\/b><\/a><\/p>\n
Air – Carbon-offset deal would cost $6b in 2025: IATA R<\/a><\/p>\n
Air – Terror, Crashes Weakens European Travel WSJ<\/a> *<\/a>
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\n
Protein – Are Eggless Mayo and Plant-Based \u2018Oysters\u2019 Worth $1b? B<\/a> *<\/a><\/p>\n
Protein – Cheap Beef Is Here for Summer B<\/a> *<\/a>
\n
<\/code><\/p>\n
\n
ENERGY & ENVIRONMENT<\/b><\/a><\/p>\n
Shale – Stocks Outrun Fundamentals B<\/a> *<\/a><\/p>\n
Shale – Key to Survival: Efficiency WSJ<\/a> \/ WSJ<\/a> <\/a><\/p>\n
Shale – For ND a humbling comedown R<\/a> *<\/a> *<\/a><\/p>\n
Shale – When OK boom went bust R<\/a> *<\/a><\/p>\n
Shale – Fracking wells drilled in PA, WV and OH \/ PSU<\/a> *<\/a><\/p>\n
Shale – Fracking in Yorkshire wins approval FT<\/a> \/ WSJ<\/a> \/ FT<\/a> \/ FT<\/a>
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<\/code><\/p>\n
\n
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Country flags: A star is the most common symbol *<\/a>
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<\/code><\/p>\n
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