Thursday Evening Links

[Bloomberg] China’s Stocks Head for Worst Week Since 2008 Financial Crisis

[Bloomberg] Bank of Japan Maintains Record Stimulus as Inflation Challenges Kuroda

[Bloomberg] EU Calls Emergency Summit as Greece Runs Out of Time

[Bloomberg] Dijsselbloem Says Greece Moving in Direction of Euro Exit

[Bloomberg] Grexit Would Test Global System in Unknown Ways: NZ’s English

[Bloomberg] Yuan’s Peg-Like Stability Makes China Hottest Asian Carry Trade

[Bloomberg] This Year Is Headed for the Hottest on Record, by a Long Shot

Thursday's News Links

[Bloomberg] China’s Stocks Sink, Heading for Biggest Weekly Loss Since 2009

[NYT] Greek Exit From Euro Appears Increasingly Likely

[Bloomberg] Greek Deal Won't Save the Country's Banks

[Bloomberg] Lagarde Affirms Greece’s June 30 Deadline to Make IMF Payments

[AP] The latest on Greece: German central banker gives warning

[Reuters] Exclusive: Greece has not asked Russian finance ministry for aid - deputy minister

[Reuters] Small U.S. frackers face extinction amid drilling drought

[Bloomberg] As the Rich Bounce Back, the Middle Class Stays Stagnant

[Bloomberg] China’s Churning Out Steel And the Rest of the World Isn’t Happy

[Time] Beijing Warns Hong Kong That Rejected Electoral Reform Plan Is Only Offer on Table

[Reuters] Three Ukrainian soldiers killed as fighting intensifies in east: Ukraine military

[Reuters] World's displaced hits record high of 60 mln, half of them children - UN

Wednesday Evening Links

[Bloomberg] Fed’s View of Fragile Economy Means Slow Path for Rate Increases

[Bloomberg] Fed Says Rate Hike Still on Track for This Year

[NYT] Fed, in Shift, Expects Slower Increase in Interest Rates

[Bloomberg] European Disunion: For Two Rivals in Greek Crisis, It’s Personal

[Bloomberg] Those 300% Instant Returns on China IPOs Are Suddenly Vanishing

[AP] Puerto Rico governor says declaring bankruptcy was option

[US News…] Americans Have Lost Confidence ... in Everything

[Bloomberg] Austrian ‘Bad Bank’ Heta Reports $7.9 Billion Shortfall

[Bloomberg] A $23 Billion Stock Drop Shows How India's Water Risks Is Rising

[Time] Asia Now Has More Millionaires Than the U.S.

[ABC] World's Groundwater Supplies Draining Fast, NASA Study Says

Wednesday's News Links

[Reuters] Greek central bank issues 'Grexit' warning if aid talks fail

[UK Guardian] Greek central bank governor warns of 'uncontrollable crisis'

[Bloomberg] Tsipras: Greece Ready to Give ‘Big No’ to Bad Agreement

[AP] Will Greece leave the euro? A look at its options

[Bloomberg] Fed Decision Day Guide: Interest-Rate Projections, Gradual Pace

[Bloomberg] Why Everyone Will Be Looking for the Fed's New Dots Today

[Bloomberg] Meet the New Shadow Bank (It's a Lot Like the Old Shadow Bank)

[FT] LCH. Clearnet sounds alarm over declining use of repo

[CNBC] Even millionaires live paycheck to paycheck

[WSJ] Chinese Firms Put Cash to Work in Stocks

[Bloomberg] China’s Capital Flows Stabilizing in Second Quarter, SAFE Says

[Reuters] Russia forced by NATO to take steps to protect itself: Kremlin

[Reuters] Insight - Saddam's former army is secret of Baghdadi's success

[AP] N. Korea says it has been hit by worst drought in 100 years

Tuesday's Evening Links

[Reuters] Greek PM tears into lenders as euro zone prepares for 'Grexit'

[Bloomberg] The China Bubble Is Going to Burst

[Bloomberg] It's So Bad in Greece, People Are Moving Back in With Their Parents

[Reuters] A year after the crash, oil markets risk more trouble ahead

[Reuters] Putin says Russia beefing up nuclear arsenal, NATO denounces 'saber-rattling'

Tuesday's News Links

[Bloomberg] Global Stocks Fall on Greek Debt Impasse as Oil Rises With Bunds

[Reuters] Greek PM sticks to hard line as contagion hits euro zone bonds

[Bloomberg] Spanish 10-Year Bond Yield Rises Above 2.5% Amid Greece Impasse

[Bloomberg] French Bonds Infected as Greek Crisis Swells Euro-Region Spreads

[Bloomberg] Emerging Stocks Set for 11-Week Low as China Sinks; Ruble Gains

[Bloomberg] Greek Deadlock Has Leader Hoping for Miracle to Avoid Default

[Reuters] Greece, creditors dig in after debt talks founder

[FT] Eurozone officials discuss emergency summit on Greece

[Reuters] Top European court throws weight behind ECB in fighting crises

[Bloomberg] How Greek Capital Controls Would Work If Aid Talks Collapse: Q&A

[Nikkei] Policy board divisions grow over monetary easing

[Bloomberg] HSBC Chairman Flint Echoes Investor Worries Over Bond Liquidity

[Bloomberg, Gilbert] Guy Who Manages $112 Billion Sees No Bond Buyers

[Bloomberg] Greek Showdown Puts Merkel's Teflon Legacy at Risk

[Bloomberg] The World Is Facing Its Longest Oil Glut in at Least Three Decades

[Reuters] China says about to finish some land reclamation in South China Sea

[WSJ] China to Build Military Facilities on South China Sea Islets

[Bloomberg] Five Million Reasons Why China Could Go to War

[Reuters] Putin says Russia is beefing up its nuclear arsenal

[Bloomberg] El Nino Seen by Citigroup Posing Risks for Global Economy

Monday's News Links

[Bloomberg] Greek Stocks Lead Europe Markets Lower as Debt Talks Break Down

[Bloomberg] Spain’s Bonds Decline as Greek Impasse Fuels Contagion Selloff

[Reuters] EU preparing for 'state of emergency' after Greek talks collapse

[Bloomberg] Out of Options and Time, Tsipras Faces Greece’s Moment of Truth

[Bloomberg] Tsipras Hardens Greek Stance After Collapse of Talks

[NYT] E.U. Urged to Plan for Greece to Default

[Reuters] Russian central bank cuts key rate by 1 pct point

[Bloomberg] Draghi Faces EU Court Ruling on 2012 Bond Plan as Greece Teeters

[FT] China's hedge fund industry blooms as stocks boom

[Reuters] Russia warns it would react should U.S. station arms in Baltics, eastern Europe

[Reuters] Two soldiers killed as Ukraine warns of escalating violence in east

Sunday's News Links

[Reuters] Euro slips, mood darkens as Greece fails to reach deal

[Reuters] Greece and creditors fail in 'last attempt' to reach deal

[Bloomberg] Greece Talks Crumble After 45 Minutes Setting Up Decisive Week

[FT] Greek default fears rise as ‘11th-hour’ talks collapse

[AP] Greece says it will never accept wage, pension cuts

[Reuters] All ears tuned to Fed language, Greek debt talks

[NYT] China Company Insiders Skim the Cream Off Frothy Stock Market

[Bloomberg] Geneva Whodunit Has Chinese Up in Arms Over $1.2 Billion Currency Scam

[Reuters] Britain pulls out spies as Russia, China crack Snowden files: report

[Bloomberg] KKR’s Petraeus Calls Cyberattacks ‘Enormous’ Security Threat

Saturday Evening Links

[UK Guardian] Endgame looms for Greek crisis as both sides take debt negotiations to the brink

[Bloomberg] Greece’s Last-Ditch Talks Aim at Agreement Before Monday

[Reuters] Pentagon poised to store heavy weapons in Baltic and Eastern Europe - NYT

[Bloomberg] Iran Will Seek to Guard Secrets in Nuclear Talks, Rouhani Says

[AP] Auto sales plummet in Brazil

Saturday's News Links

[Bloomberg] EU Prepares for Worst as Greece Drives Finances to Brink

[UK Guardian] Fears of Greece eurozone exit mount as EU deadline looms

[Reuters] China-linked hackers get sensitive U.S. defense and intelligence data: report

[AP] Officials say deeply personal information in hackers' hands

[NYT] Business Leaders React With Dismay to Defeat of Trade Bill

[Der Spiegel] Brewing Conflict over Greece: Germany's Finance Minister Mulls Taking on Merkel

[Reuters] Six Ukrainian servicemen killed, 14 wounded in past 24 hours

CBB Back Next Week

Friday Evening Links

[WSJ] Eurozone Raises Specter of Default as Pressure Mounts in Greek Bailout Talks

[FT] Emerging markets suffer biggest weekly outflow in 7 years

[AP] California orders large water cuts for farmers

[Bloomberg] White House Confirms Second Possible Breach of Personnel Records

[Bloomberg] Junk-Bond Defaults Growing as Pressure From Commodities Persists

[Bloomberg] Investment-Grade Bonds and Junk Bonds Are Looking More and More Alike

[Bloomberg] You Can’t Keep the Panic Out of Stocks Forever, VIX Traders Say

Friday's News Links

[AP] Greek shares stumble after IMF pulls out of bailout talks

[Bloomberg] U.S. Index Futures Retreat as Officials Ready for Greece Default

[Reuters] Shares, euro numbed by Greek drama

[Bloomberg] Spanish Bonds Slump With Italy’s as Greece Retakes Center Stage

[Bloomberg] EU Prepares for Worst as Tsipras Drives Greek Finances to Brink

[Reuters] Fearful ECB starts countdown on Greek funding lifeline

[Bloomberg] Germany No Longer Ruling Out Greek Default, Bild Reports

[Bloomberg] Greece Told to Stop Fighting Creditors' Demands as Deadline Nears

[Reuters] U.S. household net worth increases to $84.9 trillion

[Bloomberg] Modi Aide Questions Rajan’s Focus on CPI to Set India Rates

[Bloomberg] 175 Quadrillion Zimbabwean Dollars Are Now Worth $5

[Reuters] Pentagon again asks China to end island building, seeks more military contact

[AP] Japan OKs 40-year Fukushima cleanup plan despite unknowns

Thursday's News Links

[Bloomberg] Merkel Tells Tsipras It’s Time to Back Talk With Policy Action

[Reuters] Rising cost on U.S. rate swaps raises worries

[Bloomberg] Axel Weber Tells Yellen, Draghi & Co: You're Doing it Wrong

[Reuters] China urges end to 'microphone diplomacy' over U.S. differences

[Reuters] Russia says U.S. coerces Kiev and violates arms treaties

[Reuters] Crunch time coming for Saudi campaign as options narrow in Yemen

Wednesday Evening Links

[Bloomberg] Merkel Considers Greek Options as Tsipras Wins Aid for Banks

[Reuters] S&P downgrades Greece after IMF repayment delayed

[Bloomberg] The Three Seismic Shifts That Are Shaking Up the World of Energy

[Bloomberg] Leveraged Loans Tumble as Buyers Feel Impact of Shrinking Yields

[Reuters] Obama orders more troops to Iraq to guide fightback against Islamic State

[Reuters] South Korea reports 14 new MERS cases, takes total to 122

Wednesday's News Links

[Dow Jones] Yen Sharply Strengthens After BOJ Kuroda Remarks

[Bloomberg] Greek Focus Shifts Back to Merkel-Hollande in Quest for Deal

[Bloomberg] Six Charts Show Six Months of Economic Unraveling for Greece

[Bloomberg] German Bonds Drop With 10-Year Yield Reaching 1%

[Bloomberg] A $3 Trillion Traffic Jam Is Seen Looming in Credit by Citigroup

[Bloomberg] China Doubles Local Government Debt Swap Quota to Ease Risks

[NYT] In Germany, Grass-Roots Opposition to a European-U.S. Trade Deal

[Bloomberg] Baltic Nations Have Reason to Worry Over Russia's Aggression

Tuesday's News Links

[Bloomberg] Asian Stocks Drop Seventh Day on Fed Concern; China Shares Fall

[Bloomberg] Europe Stocks Extend Longest Losing Streak of ’15 as Miners Drop

[Bloomberg] Greece Said to Submit Revised Budget Plan in Bid for Funding

[Bloomberg] The $6.5 Trillion China Rally That’s Making Stock-Market History

[Bloomberg] These Charts Show the Astounding Growth in Emerging Market Corporate Bonds

[CNBC/FT] Paul Volcker warns on health of US state finances

[USAT] $584.7B short: Pensions in bad shape

[Bloomberg] America's Shale Oil Boom Is Grinding to a Halt

[WSJ] Home-Equity Lines of Credit See Jump in Delinquencies

[MarketWatch] Why you should care that Robert Prechter is warning of a ‘sharp collapse’ in stocks

[Reuters] China's soft May inflation increases calls for fiscal stimulus

[Bloomberg] Rajan Seeks to Deter Indian Defaulters as Fitch Sees Challenges

[Reuters] Eight Ukrainian servicemen killed in past 24 hours: military

[Bloomberg] Not Seen Since 1997: El Nino Warming Pacific, Australia Says

[Reuters] Ticking clock marks Erdogan's silence after Turkish election

[BBC] Mers outbreak: Hong Kong warns against S Korea travel

[Bloomberg] Ukraine Must Seek New Russia Gas Deal as Military Tensions Rise

[Reuters] Japan aiming to send patrol aircraft to Philippines for exercise

[Reuters] Malaysia to protest over Chinese coast guard 'intruders': WSJ

Monday Evening Links

[Bloomberg] Merkel-Schaeuble Differences Over Greece Approach Said to Widen

[Bloomberg] EU Frustration Mounts as Greece Lashes Out at Creditor Demands

[Reuters] Minneapolis Fed seeks 'thought leader' as dovish chief exits

[Reuters] Greece talks of compromise as Merkel warns time is short

[Reuters] Russia orders quicker build-up of military facilities in Kurile Islands

[UK Guardian] Obama lambasts Putin: you're wrecking Russia to recreate Soviet empire

Monday's News Links

[Bloomberg] Emerging Stocks Head for Longest Slump Since 1990; Lira Slides

[Bloomberg] Bunds Rout Extends on Recovery Signs as Investors Wait on Greece

[WSJ] Turkish Lira and Assets Sink on Political Uncertainty After Election Result

[Bloomberg] European Stocks Decline as Germany’s DAX Index Enters Correction

[Bloomberg] Dollar Drops as French Official Comments on Obama View of Dollar

[Bloomberg] Ringgit Slumps to Nine-Year Low as Funds Exit on Fed Rate Bets

[CNBC] Greece: Leaders lash out as tempers fray

[AFP] Greece's Varoufakis to meet German finance minister Monday

[Bloomberg] Bond-Market Game of Chicken With Fed Is Riskier Than Ever

[Bloomberg] U.S. Stocks on Wrong Side of History With Rate Rise in Sight

[WSJ] New Housing Headwind Looms as Fewer Renters Can Afford to Own

[FT] Hedge funds remain a popular choice for institutional investors

[Dow Jones] China Exports Slide, Imports Tumble

[Reuters] Slide in China's May imports signal need for more stimulus

[Bloomberg] These Are Some of the Scenarios After Turkey’s Inconclusive Vote

[UK Guardian] Turkey may face fresh poll as Recep Tayyip Erdoğan is snubbed by voters

[Reuters] Ukraine military blames rebel bomb for patrol boat explosion

[MarketWatch] Opinion: China’s central bank feels the heat from falling Japanese yen

Sunday Evening Links

[Bloomberg] Lira Falls to Record as Turkey Voters End AK’s Single-Party Era

[Reuters] EU chief rebukes Greece, demands swift debt plan

[NYT] European Leaders Voice Frustration With Greece in Debt Crisis

[Bloomberg] If You Think Greece’s Crisis Will End Any Time Soon, Think Again

[Bloomberg] Bond-Market Game of Chicken With Fed Is More Dangerous Than Ever

[Reuters] G7 leaders urge tough line on Russia at Alpine summit

[Bloomberg] Chinese Defer Car Purchases to Chase Stock Rally

[Reuters] Kurdish party thwarts Erdogan's ambitions with Turkish election advance