Wednesday's News Links

[Bloomberg] Fed Scales Back Rate-Rise Forecasts as Global Outlook Weakens

[Bloomberg] European Banks Slump as Cryan, Ermotti Signal Tough Year Ahead

[Reuters] Central banks' 'forward guidance' proving a tricky policy tool

[Bloomberg] Brazil Real Tumbles on Report of Possible Central Bank Shake-Up

[Bloomberg] Brazilian Stocks, Real Tumble as Lula to Become Chief of Staff

[Bloomberg] S&P Warns It May Cut Valeant Credit Ratings Deeper Into Junk

[Bloomberg] Yuan Extends Drop as Tobin Tax Plan, Fed Concern Sour Sentiment

[Bloomberg] Fed to Signal Worst Is Over, Hikes Coming: Decision-Day Guide

[Bloomberg] Draghi Waiting With Kuroda for Fed to Help Euro, Yen Fall

[Bloomberg] Core U.S. Consumer Prices Increase More Than Forecast Again

[Reuters] Valeant's stock rout serves up $5.3 billion in hedge fund losses

[Reuters] Peabody flags bankruptcy risk after skipping interest payment

[Bloomberg] Deutsche Bank Shares Fall After CEO Forecasts Unprofitable Year

[Bloomberg] Valeant Shatters Creditor Calm as Debt Casts Bigger Shadow

[Bloomberg] China's Li Outlines Dual Growth-Reform Plan as Challenges Mount

[FT] China’s Li Keqiang seeks to reassure public on government finances

[Washington Post, Ignatius] The U.S. is heading toward a dangerous showdown with China

[Reuters] Japan ruling party considers international arbitration over China dispute

Tuesday Evening Links

[Bloomberg] Most Asian Index Futures Fall as Crude Nurses Slump Before Fed

[Reuters] Drugmaker Valeant faces debt default risk; shares plunge 50 percent

[Reuters] Oil ends down 2 percent on technical pressure, stockpiles worry

[Bloomberg] U.S. Oil Companies Cut 100,000 Jobs to Survive Slump

[Reuters] Brazil's ex-President Lula to accept cabinet post: presidency source

[Bloomberg] Putin's Hand Grows Stronger as Right-Wing Parties Advance in Europe

[Bloomberg] Argentina Coast Guard Sinks Chinese Vessel for Illegal Fishing