The Daily Debt Rattle

Submitted by Raúl Ilargi Meijer  –  The Automatic Earth

• Dollar Tumbles As Fed Rescues China In The Nick Of Time (AEP)
• SocGen: China Only Months Away From Depleting Its Currency Reserves (MW)
• China Foreign Reserves Head for Record Drop on Yuan Defense (BBG)
• Citi: ‘We Should All Fear Oilmageddon’ (BBG)
• Just 0.1% Of Global Oil Output Has Been Halted By Low Prices (BBG)
• US Running Out Of Space To Store Oil (CNN)
• Obama Proposes $10-a-Barrel Oil Tax (MW)
• IMF Honing Tools To Rescue EMs From China Spillover (Reuters)
• BOJ Board Among Those Surprised By Negative Interest Rate Plan (Reuters)
• US Banks Targeted By Activist Investors (Reuters)
• Two Anonymous Whistleblowers Are Pounding on the SEC’s Door Again (Martens)
• Europe’s Ports Vulnerable As Ships Sail Without Oversight (FT)
• Portugal’s Anti-Austerity Budget Provokes Brussels Showdown (FT)
• Saudis Say Cash Crunch Won’t Derail an Ambitious Foreign Agenda (BBG)
• World Food Prices Tumble Near 7-Year Low (CNBC)
• Julian Assange Should Be Freed, Entitled To Compensation: UN Panel (AP)