Sunday's News Links

[AP] Israel and Hezbollah trade heavy fire before pulling back, jolting a region braced for war

[Reuters] Major Israel-Hezbollah missile exchange as region watches for escalation

[Yahoo/Bloomberg] Fed’s Powell Nods to Upcoming Strategy Review as Officials Prepare to Cut Interest Rates

[Yahoo/Bloomberg] Yuan Carry Trade Can Prosper Even After Yen Version Collapsed

[Reuters] China says it took 'control measures' against Philippine vessel in South China Sea

[NYT] Soaring Insurance Costs Could ‘End’ Affordable Housing, Developers Warn

[WSJ] Zelensky’s Invasion of Russia Sends a Message to Moscow—and Washington

[WSJ] In Beijing’s Quest for Control of the South China Sea, a New Flashpoint Emerges

[FT] How all-out war between Israel and its adversaries might play out

[FT] Central banks should raise the bar for intervention

[FT] Jackson Hole bankers pivot to cuts as soft landing comes into view

[FT] Top private equity firms put brakes on China dealmaking

Saturday's News Links

[Reuters] Wall St Week Ahead 'Super Bowl' Nvidia earnings stand to test searing AI trade

[AP] Takeaways from Fed Chair Powell’s speech at Jackson Hole

[Yahoo/Bloomberg] Fed’s Preferred Price Gauge to Reinforce Rate Cuts: Eco Week

[Reuters] Swiss finance minister chides US, Europe over 'time bomb' debt levels

[Reuters] Exclusive: Top U.S. general makes unannounced Middle East trip as Iran threat looms

[Yahoo/Bloomberg] ECB Gears Up for Next Interest Rate Cut With Inflation Slowing

[FT] Attack on oil tanker in Red Sea threatens ‘severe ecological disaster’