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Media Navel Gaze: July 20, 2015

Mark Kollar  Follow

The Week Unpeeled

This continues to the summer of big, big news and last week did not disappoint, with world leaders reaching a historic agreement with Iran to curb its nuclear ability for more than a decade (and also lifting sanctions), and the prospect of Grexit forcing everyone back to the debt-bargaining table with analysts and markets alike seemingly following every move.

Elsewhere:

  • In other-wordly news and what seemed to be kind of under-reported, the world got a glimpse of Pluto (mountains and ice!) following NASA's New Horizons mission, nearly a decade in the making;
  • Also kinda other wordly, Google share prices soared more than 16 percent or about $65 billiion in one day on strong earnings numbers;
  • The markets also popped last week with Nasdaq posting a record high amid Google strength and the Dow up 1.8 percent to close at 18,086; The Dow, however, is up only 1.5 percent for the year, reflecting most likely slower growth in the industrial market;
  • The teaser video for Showtime's new series "Billions," co-written by Andrew Ross Sorkin came out last week, prompting ink that suggested this will likely be a buzzy weekly show, at least at the start;
  • Lego is moving to eco-friendly materials for its petroleum based building blocks; and
  • Jade Helm 15 happenedor didn't.

LATAM GAZE

  • Mexico this week offered up its first oil blocks to private investors this week but demand did not meet expectations;
  • The Speaker of Brazil's lower house of Congress, Eduardo Cunha, this week announced he is leaving the governing coalition; and
  • The judge investigating Argentine President Cristina Kirchner and her family over possible money laundering has been removed from the case. End of Story

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