Wednesday, July 1, 2015

Wednesday Evening Links

[Bloomberg] Europe Rebuffs Greek Overture as Poll Shows Voters Leaning ‘Yes’

[Bloomberg] Puerto Rico Utility Staves Off Default as Debt Crisis Escalates

[WSJ] Moody’s Further Downgrades Puerto Rico’s Bonds

[Bloomberg] Merkel-Tsipras Sparring Leaves Greece in Limbo Until Sunday Vote

[NYT] A Bankrupt Greece Is Struggling to Stay Afloat

[NYT] Tsipras Budges on Greece’s Debt, but Meets a Cool Response

[USAT] Calif. attacks send warning that Internet lines are 'basically unsecured'

[Bloomberg] Water Shortages Unite Iraq, Islamic State Against Turkey

Wednesday's News Links

[Bloomberg] Dijsselbloem Says No Grounds for More Talks Ahead of Greek Vote

[Reuters] Greece's Tsipras digs in against bailout

[Bloomberg] ECB Founder Issing Says Idea of Irreversible Euro Was ‘Illusion’

[Reuters] Greece offers conditional okay to bailout, Germany skeptical

[FT] Alexis Tsipras backs down on many Greece bailout demands

[Bloomberg] Greece Compromise Bid Faces Resistance as Trust Fades

[Bloomberg] China Stocks Fall: Shanghai Composite Index Drops 5.2%

[Reuters] Market falls threaten to expose cracks in corporate China

[Bloomberg] Some Chinese Are Taking 22% Margin Loans to Finance Stock Purchases

[Bloomberg] Merkel Says Germany Is Open to Greek Aid Though Not at Any Price

[Bloomberg] The Greek Referendum Outcomes Explained in One Chart

[Bloomberg] BOE Sees Acute Greek Risks, Finance Stability Threatened

[Bloomberg] Greek Drachma Plunge Previewed in History of Currency Crises

[Reuters] Special Report-How Greece went bust

[Bloomberg] Puerto Rico Bondholders Form New Front as They Gird for Default

[NYT] Hedge Funds Fight to Save Puerto Rico Investments

[Bloomberg] Ukraine Eurobonds Fall 4th Day as BofAML Warns on Default Risks

[Reuters] Euro zone factory June growth tepid as Greece weighed: PMI

[NYT] Average Home Price in Manhattan Reaches $1.87 Million, a New High

[Washington Post] See China’s rapid island-building strategy in action