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Wednesday, December 8, 2021

Thursday's News Links

[Yahoo/Bloomberg] U.S. Stocks Decline as Virus Concerns Resurface: Markets Wrap

[Reuters] Oil down on Omicron restrictions and China fears

[Yahoo/Bloomberg] China Signals its Discomfort Over Yuan Rally With Daily Fixing

[Yahoo/Bloomberg] Currency Volatility Surges Ahead of Big Week for Central Banks

[Yahoo/Bloomberg] Inflation Near 40-Year High Shocks Americans, Spooks Washington

[AP] US unemployment claims drop to 184,000, lowest since 1969

[Yahoo/Bloomberg] Fiscal Cliff Nears for U.S. Families as Pandemic Benefits Fade

[CNBC] Dead Roombas, stranded packages and delayed exams: How the AWS outage wreaked havoc across the U.S.

[Reuters] Italy fines Amazon record $1.3 bln for abuse of market dominance

[Reuters] Doctors weigh COVID-19 impact on children as vaccine drives ramp up

[Reuters] WHO's Tedros says Omicron coronavirus variant highlights "perilous situation"

[Yahoo/Bloomberg] Evergrande Declared in Default as Huge Restructuring Looms

[Yahoo/Bloomberg] China’s Credit Growth Rebounds After Slowing for Almost a Year

[Reuters] China's sky-high factory inflation slows amid price crackdown

[CNBC] China’s vegetable prices surge 30.6% in November as food costs soar

[Yahoo/Bloomberg] Evergrande Restructuring Leaves Bondholders at Mercy of Beijing

[Yahoo/Bloomberg] Evergrande Crisis to Be Dealt With by Market, PBOC’s Yi Says

[Yahoo/Bloomberg] Dollar Debt Default Declared Along With Kaisa: Evergrande Update

[Yahoo/Bloomberg] Kaisa Cut to Default After Missing $400 Million Bond Payment

[Reuters] Evergrande, Kaisa cut by Fitch to default after missed payment deadlines

[Yahoo/Bloomberg] Brazil Says World’s Boldest Rate-Hike Cycle Is Far From Over

[Yahoo/Bloomberg] Ukraine Raises Rates as Russian Invasion Threat Jolts Currency

[Reuters] Exclusive: U.S., Israel to discuss military drills for Iran scenario

[Bloomberg] RBA’s Harper Sees Economy Running Hot Without Runaway Inflation

[Bloomberg] Omicron Four Times More Transmissible Than Delta in New Study

[WSJ] The Cost of Rent Is Rising Fast. Here’s What Americans Can Do About It.

[WSJ] China’s Latest Challenge Is Engineering a Soft Landing for a Sputtering Economy

[WSJ] China Reopens a Funding Spigot for Property Developers

[FT] Emerging markets hit by abrupt slowdown in new foreign investment

[FT] El-Erian: Market volatility could portend a retreat of liquidity

[FT] Why Nord Stream 2 is at heart of US warnings to Putin over Ukrain