Global Macro / Markets:
- Inequality Is a Drag – Krugman
- Long rallies make us forget the realities of corrections. – Barry Ritholtz
- The case for a bottom in cotton. – See it Market
- Junk-bond exodus accelerates – WSJ
Americas:
- The Vulture: Chewing Argentina’s Living Corpse – Greg Palast.
- Banks Said to Be Arranging Argentine Debt Buyer Group – Bloomberg
- Obama authorises US air strikes to help Iraqis besieged on mountain by Isis – Guardian
- The Federal Reserve Is Telling Us The Economy Is Pitiful – Huffington Post
- US banks told to steer billions to hard-hit areas – FT
- Corporate 1% in U.S. Gets Richer While Cash Gathers Dust Abroad – Bloomberg
Europe:
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- Germany close to recession as ECB admits recovery is weak – Ambrose
- Putin Ban Hits Cold War Foes as Developing Nations Gain -Bloomberg
- Richest Russians Deprived of Luxury Foods by Putin’s Ban – Bloomberg
- Ukraine: One Nazi Resigns – Russia Sanctions Start To Blow Back – Moon of Alabama
- You wanna be Uncle Sam’s bitch? Pay the price! – Vineyard of the Saker.
- Israeli Jets Strike Gaza Targets After Rockets Shatter Truce – Bloomberg
- Erdogan poised to win Turkey’s first popular presidential vote – Reuters
- Italy is in a depression – WaPo
- No CDS trigger event for Banco Espirito Santo – Junior bondholders SOL – ISDA
- ECB publishes Comprehensive Assessment Stress Test Manual – ECB
Asia:
- Chinese banks get serious about risk of bad debts – CNBC
- China tightens control on instant messaging services – BBC
- Japanese Stocks Slump – WSJ
- Thailand: Peace, order, stagnation – Economist
- Malaysia Airlines to Be Delisted in $429 Million Buyout – Bloomberg
- China to build lighthouses on five isles in defiance of U.S. call – Reuters
- What the Latest Economic Data Say About China’s Changing Growth Model – WSJ
Local:
- Mis-firing Australian economy brings rate cut closer – WSJ
- Cash sacrificed on the altar of easy credit – AFR
- CommBank exec walks away – Business Day
- Tony Abbott blamed in case over daughter’s scholarship – AFR
- Major risks around miners’ junk bonds, Moody’s says – AFR
- Sydney’s fastest growing suburbs – SMH
- Abbott slaps down ‘sheepish’ Abetz over his abortion, breast cancer link -SMH
- ‘Yours, Joe!’ RBA calls out Hockey’s economic outlook – Pascoe
Other:
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- WHO declares ebola epidemic an international emergency – Telegraph
- ‘Don’t Touch the Walls’: Ebola Fears Infect an African Hospital – NYT
- US analysts conclude MH17 downed by aircraft – NST
- New jellyfish discovered: giant venomous species found off Australia – Guardian
- When humans become a luxury good. – Quartz