Submitted by Raúl Ilargi Meijer – The Automatic Earth
• OPEC Will Not Cut Output However Far Oil Falls: Saudi Oil Minister (Reuters)
• On Fuel, Airlines Gambled And You Lost (Reuters)
• Billionaire Shale Pioneer Cuts Spending 41% on Oil Crash (Bloomberg)
• Morgan Stanley, Rosneft Oil-Unit Deal Fails On Sanctions (Bloomberg)
• If Shell Backs Out, Arctic Oil Off the Table for Years (Oilprice.com)
• Biggest Arctic Gas Project Seeking Route Around U.S. Sanctions
• Outlook Sours for Europe’s Oil Titans on Crude Slump (Bloomberg)
• Arab OPEC Sources See Oil Back Above $70 By End-2015 (Reuters)
• Cheap Oil Is Dragging Down the Price of Gold (Bloomberg)
• Ruble Swap Shows China Challenging IMF as Emergency Lender (Bloomberg)
• China’s Shadow Banking Thrives Even As Rules Tighten (Reuters)
• Russia Faces Full-Blown Crisis Says Former Finance Minister (FT)
• IMF Raises Fears Of Global Crisis As Russian Bank Forced Into Bailout (Guardian)
• Belarus Blocks Online Sites, Closes Stores To Stem Currency Panic (AFP)
• Market-Rigging Laws Will Also Cover Currency, Gold, Oil And Silver (Guardian)
• Ukraine Cuts Gold Reserve to Nine-Year Low as Russia Buys (Bloomberg)
• Ukraine Central Bank Sees $300,000 in Gold Swapped For Lead Bricks (RT)
• Fresh Doubt Over the Bailout of AIG (Gretchen Morgenson)
• If Wishes Were Loaves and Fishes (James Howard Kunstler)
Continue Reading: Debt Rattle December 23 2014 – The Automatic Earth
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