Friday's News Links

[Reuters] Equity Funds Shed $46 Billion in Four-Week Run of Outflows: BAML

[Bloomberg] Citi's Chief Economist Says China Is 'Financially Out of Control'

[Bloomberg] How Low Can Oil Go? Goldman Says $20 a Barrel Is a Possibility

[Reuters] China August new loans fall as lending to support stock market fades

[Bloomberg] Brazil's Junk Relapse Makes Its Bonds Even Riskier Than Russia

[Bloomberg] Petrobras Crowned New King of Junk Bonds After Rating Downgrade

[Bloomberg] Indonesian 10-Year Bond Yield Rises to Highest Level Since 2010

[Bloomberg] Ringgit in Longest Losing Streak Since 1971 on Capital Outflows

[FT] Brazil downgrade triggers prospect of further turmoil for EMs

[Reuters] Spanish bonds underperform again as regional vote nears

[Reuters] China Central Bank Seen Ready to Intervene Again if Offshore Pushes Yuan Too Far

[NYT] As a Boom Fades, Brazilians Wonder How It All Went Wrong

[Bloomberg] China's Stocks Head for Weekly Advance After Offshore Yuan Gains

[NYT] Hedge Funds for the Masses' Get a Stress Test

[Reuters] Exclusive: Petrobras spending plan already obsolete, new cuts likely - sources

[NYT] What Puerto Rico’s New Plan Means

[Bloomberg] Goldman's Next 11 Markets Are Sinking Even Faster Than the BRICs

[Reuters] Germany's Schaeuble says central banks alone cannot solve economic woes

[Reuters] 30 years on, parallels with Plaza but currency universe very different

[Reuters] Urban killings, air strikes as bloodshed worsens in Turkish southeast

[Reuters] Russia tells Washington: talk to us over Syria or risk 'unintended incidents'

Thursday Evening Links

[Bloomberg] Petrobras Cut to Junk by S&P Following Brazil Downgrade

[Bloomberg] Brazil's Real Leads World Declines as Bonds Tumble After S&P Cut

[Bloomberg] Banco do Brasil Falls to Six-Year Low After Brazil Downgrade

[WSJ] Brazil’s Rousseff, Cabinet Meet as Downgrade Deepens Economic Turmoil

[Bloomberg] How the Fed's Big Decision Next Week Could Play Out

[Bloomberg] Puerto Rico Seen Trying to Avert Defaults One Bond at a Time

[Bloomberg] Hong Kong Suffers for Its Devotion to the Peg

[FT] Berlin fights Brussels push for deeper financial integration

[Time] Why Obama and Xi Are About to Get Tough on Each Other

[Bloomberg] Russia's Syrian Air Base Has U.S. Scrambling for a Plan

[AP] To Russia, Syria Is Key in History of Seeking Mideast Allies