Tuesday's News Links

[Reuters] China stocks slump 6 percent on fears of further yuan depreciation

[Bloomberg] Emerging Markets Extend Slide as Commodities Fall; Pound Jumps

[Bloomberg] Commerzbank Cutting Russia Debt Worsens Bond Rout as Ruble Falls

[Bloomberg] The Commodity Currency Plunge Is Making the Oil Crash Even Worse

[Bloomberg] Lira Extends Drop to Record Low After Turkey Keeps Rates on Hold

[Bloomberg] Housing Starts in U.S. Climb to an Almost Eight-Year High

[FT] China shadow banks appeal for government bailout

[Bloomberg] Abe Aide Says Japan Needs 3.5-Trillion Yen Economic Package

[Bloomberg] China’s Richest Traders Are Fleeing Stocks as the Masses Pile In

[Reuters] China's yuan slips even as central bank sets firmer midpoint

[Bloomberg] China Shares Drop Most in Three Weeks as Industrial Companies Fall

[Reuters] German lawmakers debate Greek bailout, Merkel faces rebellion

[Reuters] China home prices rise for third month in July

[Bloomberg] Blackstone Bides Time for Home-Rental REIT as Stocks Sag

[WSJ] U.S. Lacks Ammo for Next Economic Crisis

[Bloomberg] Brazil's Political Crisis Puts the Entire Economy on Hold

[FT] Global bank CEOs untroubled by renminbi volatility

Monday Evening Links

[Bloomberg] Brazil Former President Urges Rousseff to Resign or Fix Crisis

[Bloomberg] Chilean Peso Drops to 12-Year Low as Copper Declines on China

[Bloomberg] It's Like 2009 for Some Asset-Backed Securities Rattled by the Fed

[Bloomberg] Claren Road Clients Asked to Pull $1.97 Billion After Losses

[Bloomberg] Carlyle's Sequa Said to Burn Through 44% of Cash; Loans Plunge

[Bloomberg] China Reserves Seen Dropping $40 Billion a Month on Yuan Support