Sunday Evening Links

[Bloomberg] China's Central Bank Lowers Borrowing Costs to Help Clean Up Local Debt Mess

[NYT] European Central Bank Expands Mandate as It Struggles to Keep Zone Intact

[Reuters] Spain's ruling PP party takes battering in regional vote

[Bloomberg] Biggest Debt Collector in Europe Says Crisis Rates Not Helping

[Bloomberg] Oil Becoming ‘Mundane Return-on-Capital’ Business, Chanos Says

[Reuters] Saudi forces and Yemen's Houthis trade heavy fire, border crossing hit

[Reuters] Hezbollah says it will step up presence in Syria as needed

Sunday's News Links

[Reuters] Greece will not make June IMF repayment: interior minister

[UK Telegraph] Greece to miss IMF payments amid fears of 'catastrophic' eurozone rupture

[Reuters] G7 finance ministers to address faltering global growth

[Reuters] Iran says OPEC unlikely to change output ceiling - Mehr news agency

[AFP] US 'deeply troubled' by Russia's NGO law

[NYT] With Victories, ISIS Dispels Hope of a Swift Decline

[Washington Post] Yet another Antarctic ice mass is becoming destabilized, scientists report