Wednesday, May 20, 2015

Wednesday Evening Links

[Bloomberg] China Failing to Spike the Global Monetary Punchbowl as Fed Did

[Bloomberg] ‘Shale-ionaires’ Suffering from Wave of Bankrupt Oil Drillers

[Bloomberg] Many Fed Officials Said June Liftoff Unlikely, Minutes Show

[NYT] Fed Is Unlikely to Raise Interest Rates in June, Minutes Show

[Bloomberg] ECB Gives Smallest Aid Increase Yet for Greek Banks as Talks Due

[Reuters] Greece says it will default in June without aid from lenders

[Reuters] ECB under fire over market-sensitive closed-door speech

[Bloomberg] Petrobras Turns to China for $10 Billion to Avert Cash Crunch

[CNN] Exclusive: China warns U.S. surveillance plane

[Reuters] Islamic State seizes ancient city from Syrian forces

[Reuters] U.S.-Asia amphibious forces gathering signals nudge to China containment

Wednesday's News Links

[WSJ] Germany’s Schäuble Doesn’t Rule Out Greek Default

[Bloomberg] Six Banks Pay $5.8 Billion, Five Plead Guilty to Market Rigging

[Bloomberg] German Bonds Rise for 2nd Day as ECB Weighs Aid for Greek Banks

[Bloomberg] Emerging Stocks Drop Before Fed Minutes as Russian Ruble Weakens

[Bloomberg] Greece, Creditors Delve Into Details as Merkel’s Deadline Looms

[Reuters] Varoufakis says Germany's Schaeuble makes mistakes on Greece

[Bloomberg] Buybacks and Dividends All That’s Left in S&P 500, Goldman Says

[Bloomberg] Chinese Solar Maker Plunges, Losing Nearly $19 Billion in 24 Minutes

[Bloomberg] Hanergy’s Rise and Fall as World’s Biggest Solar Stock: Timeline

[Bloomberg] Banca Marche Bonds Plunge After Failure to Repay $2 Billion Loan

[Bloomberg] Worse to Come on Ukraine Debt as Moratorium Threat Raises Stakes

[Bloomberg] For Many American States, It's Like the Recession Never Ended

[WSJ] Cash Crunch, for Many, Is a Monthly Woe

[MarketWatch, Lynn] Opinion: 5 bubbles that Draghi’s QE is already blowing

[Bloomberg] Record $2.7 Billion Auctions Ignite Buying at New York Art Fairs

[WSJ] New Tensions Build Between U.S. and Iran in Waters off Yemen

[Reuters] U.S. says South China Sea reclamations stoke instability

[Bloomberg] Busy South China Sea an Accident in the Making, Singapore Says

[MarketWatch] Soros sees risk of another world war

[Washington Post] Fall of Ramadi reflects failure of Iraq’s strategy against Islamic State, analysts say