Friday's News Links

[Bloomberg] China Unleashes $483 Billion to Stem the Market Rout

[Bloomberg] China’s Stocks Rally Most in a Week on State Fund Support

[Bloomberg] How China's Slowdown Is Worse Than You Think

[FT] China’s biggest state banks recruited into stock market rescue

[Reuters] German lawmakers back Greek bailout talks after Merkel's chaos warning

[Bloomberg] Record Leverage in Property Bonds Gives Moody’s Crisis Flashback

[Bloomberg] Maybe Investors Love Credit Index Options a Little Too Much

[Bloomberg] Pension Funds Burn Cities as $1 Trillion Shortfall Set to Grow

[Bloomberg] Housing Starts in U.S. Surge to Second-Highest Level Since 2007

[Bloomberg] Oil Heads for Longest Weekly Losing Streak Since January on Glut

[Bloomberg] China Gold Reserves Top Russia in First Disclosure Since ’09

[Bloomberg] Grexit Still on the Table Even With EU’s Latest Band-Aid

[Reuters] Analysis-Counting the Cost for Greece and Europe

[Bloomberg] These Online Lenders Could Be China's Next Big Trouble Spot

[NYT] Germany’s Tone Grows Sharper in Greek Debt Crisis

[Bloomberg] Why Argentina Consistently, and Unapologetically, Refuses to Pay Its Debts

[NYT] Japan Moves to Allow Military Combat for First Time in 70 Years

[Reuters] Japan military chief says South China Sea surveillance possible

[Bloomberg] The Freakish Year in Broken Climate Records

Thursday Evening Links

[Bloomberg] Shadow Lenders Are Pushing Into Risky Real Estate Deals

[CNBC] The California drought is even worse than you think

[NYT] New Pledges for Greek Aid Are Clouded by Uncertainty

[UK Guardian] Greece debt crisis: new ECB cash lifeline could reopen Greek banks

[CNBC] Active US funds suffer worst outflows ever

[Bloomberg] Lula Probed by Brazil Prosecutors for Odebrecht Bids Abroad