The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• David Bowie Dies Aged 69 (Reuters)
• Chinese Stocks Down 5%, As Rout Ricochets In Asia (MarketWatch)
• Chinese Stocks Extend Rout as Economic Growth Concerns Deepen (BBG)
• Yuan Liquidity Extremely Tight, Interbank Rates Soar In Hong Kong (BBG)
• London Hedge Fund Omni Sees 15% Yuan Drop, and More in a Crisis (BBG)
• Australia Bet The House On Never-Ending Chinese Growth (Guardian)
• India Concerned About Chinese Currency Devaluation (Reuters)
• China PM: We’ll Let Market Forces Fix Overcapacity (Reuters)
• Fed’s Williams: “We Got It Wrong” On Benefits Of Low Oil Prices (ZH)
• Free Capital Flows Can Put Economies In A Bind (Münchau)
• Pensions, Mutual Funds Turn Back to Cash (WSJ)
• UK House Price To Crash As Global Asset Prices Unravel (Tel.)
• The West Is Losing The Battle For The Heart Of Europe (Reuters)
• Newly Elected Catalan President Vows Independence From Spain By 2017 (RT)
• Dutch ‘No’ To Kiev-EU Accord Could Trip Continental Crisis: Juncker (AFP)
• Britain Abandons Onshore Wind Just As New Technology Makes It Cheap (AEP)
• 400,000 Syrians Starving In Besieged Areas (AlJazeera)
• World’s Poor Lose Out As Aid Is Diverted To The Refugee Crisis (Guardian)