Frontrunning: August 14


  • Police fire tear gas, stun grenades at Missouri protesters (Reuters)
  • Putin’s Pipeline Bypassing Ukraine at Risk Amid Conflict (BBG)
  • Russia's Largest Oil Company Seeks $42 billion to Weather Sanctions (WSJ)
  • Shells hit central Donetsk, Russian aid convoy heads towards border (Reuters)
  • U.S. Tightens Sanctions, Putting More Russian Companies at Risk (BBG)
  • How to Blindly Score 43% Profit Overnight in China Stocks (BBG)
  • Tears guaranteed: San Diego Pension Dials Up the Risk to Combat a Shortfall (WSJ)
  • Euro Recovery Halts as Germany Shrinks, France Stagnates (BBG)
  • Billionaire Found in Middle of Bribery Case Avoids U.S. Probe (BBG)
  • Hillary Clinton, Barack Obama 'Hug It Out' on Martha's Vineyard (WSJ)
  • Putin's Ukraine gamble hastens exodus of Russian money and talent (Reuters)
  • U.S. says rescue mission for Iraq's Yazidis less likely after visit (Reuters)
  • France Risks EU Deficit Clash After Scrapping Targets (BBG)
  • Effort to Aid Kurdish Forces Puts Iran, U.S. on Same Side (WSJ)
  • Israel Outflanks White House in Pressing Gaza Strategy (WSJ)
  • Web of lies: How a Spanish tech star fooled the world (Reuters)
  • NewLink says Ebola vaccine trial could start in weeks (Reuters)
  • Fed Officials Suggest Limiting Banks' Repo Exposure (WSJ)

 

Overnight Media Digest

WSJ

* White House and State Department officials who were leading U.S. efforts to rein in Israel's military campaign in the Gaza Strip were caught off guard last month when they learned that the Israeli military had been quietly securing supplies of ammunition from the Pentagon without their approval. (http://on.wsj.com/1rtic0S)

* President Barack Obama and Hillary Clinton found themselves on the same small island Wednesday with very different objectives. The president was seeking an escape from the White House. His former secretary of state was taking steps that could land her there. (http://on.wsj.com/1sVF4XP)

* A large California pension manager is using complex derivatives to supercharge its bets as it looks to cover a funding shortfall and diversify its holdings. The new strategy employed by the San Diego County Employees Retirement Association is complicated and potentially risky, but officials close to the system say it is designed to balance out the fund's holdings and protect it against big losses in the event of a stock-market meltdown. (http://on.wsj.com/1q9h7t3)


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