Wednesday's News Links

[Bloomberg] Emerging Stocks Fall as Chinese Shares Retreat; Ruble Weakens

[Bloomberg] Brazil's Real Drops on Reports Government Planning for Deficit

[Bloomberg] Valeant Shares Plummet After Citron Report on 'Phantom Pharmacies'

[Bloomberg] Thought Brazil's Politics Was Messy? It's About to Get Worse

[Bloomberg] These Are the Fed's Three Weapons If the Economy Falters

[Bloomberg] Brazil Impeachment Papers About to Drop as Crisis Hits New Stage

[Bloomberg] HSBC: These Are the Economies That Could Run Into Trouble

[Bloomberg] OPEC Is About to Crush the U.S. Oil Boom

[Bloomberg] Treasuries Volatility Drops Toward '15 Low as Fed Seen Sidelined

[Bloomberg] Currency Swings Evaporate as Central Banks Shy Away From Action

[Bloomberg] Japan's Exports Grow at the Slowest Pace in More Than a Year

[Bloomberg] Jim Chanos Nails the Link Between Debt and Energy

[Bloomberg] Saudis Risk Draining Financial Assets in 5 Years, IMF Says

[WSJ] Mideast Oil Exporters Face $1 Trillion Budget Pinch, IMF Official Says

[NYT] Hedge Fund Assets Decline by Biggest Amount Since Financial Crisis

[Bloomberg, Gilbert] The Fall of a High-Yield Fund Echoes 2007 Crunch

[WSJ, Op-Ed, Ward] Hitting the Limit of ‘Whatever It Takes’

[Bloomberg] Sinosteel's Not-Default and More Moral Hazard: Katrina Nicholas

[Bloomberg] EC President Juncker Calls Emergency Summit on Refugee Crisis

[Forbes] China Straining U.S.-U.K. Relations; South China Sea At Center?

[Reuters] Upstaged NATO searches for '360-degree' response to Russia

Tuesday Evening Links

[Bloomberg] China's Overheated Bond Market Showing Strain for Local Bankers

[Bloomberg] Just How Bad Was the 2009 Global Recession? Really, Really Bad

[Bloomberg] Even the Cheapest Homes Are Too Expensive For Millennials

[Bloomberg] Canada Has a New Government, and Some Nasty Old Problems

[Bloomberg] Puerto Rico Said Struggling to Reach Deal With Hedge Funds

[Bloomberg] How the One Percent Get a One Percent Interest Rate