The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Asian Shares Drop To 2011 Levels As Oil Slump Intensifies (Reuters)
• Oil Slides To Lowest Since 2003 As Iran Sanctions Are Lifted (Reuters)
• Hedge Funds Are Betting The Commodities Collapse Isn’t Over Yet (BBG)
• Gulf Stock Crash Wipes $38.5 Billion Off Markets As Iran Enters Oil War (Tel.)
• Richest 1% Now Wealthier Than The Rest Of Humanity Combined (BBG)
• Stock Market Crash Could Burst UK Property Bubble (Express)
• It’s Not Time For Britain To Be ‘Intensely Relaxed’ Over Household Debt (Ind.)
• China’s Securities Czar Casts Wide Blame for Market Turmoil (WSJ)
• China To Clean-up ‘Zombie’ Companies By 2020 (Reuters)
• The Problem With Getting Money Out Of China (China Law Blog)
• Gloom Gathers Over The Challenges That Germany Faces (FT)
• “Everything Has Come to a Standstill”: Politics Hits Business in Spain (WS)
• Canadian Officials Under Pressure to Stimulate Economy (WSJ)
• Shock Figures To Reveal Deadly Toll Of Global Air Pollution (Observer)
• False Emissions Reporting Undermines China’s Pollution Fight (Reuters)
• Weak EU Tests For Diesel Emissions Are ‘Illegal’ (Guardian)
• 66 Institutional Investors To Sue Volkswagen In Germany (FT)
• Obama Declares Emergency In Flint, But Not Disaster (DFP)
• When Peace Breaks Out With Iran… (Ron Paul)
• Syria 4 Years On: Shocking Images Of A Post-US-Intervention Nation (ZH)
• The Economics Of The Refugee Crisis Lay Bare Our Moral Bankruptcy (Guardian)