September 26, 2022

The Daily Bankruptcy News

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Law:

Biglaw May See 'Targeted Firings' Instead Of Mass Layoffs
(DBN)

Midsize U.S. law firms see demand advantage in challenging year - report • 2022 Report on the State of the Midsize Legal Market Paints Bullish Outlook
(DBN)

A Letter To A New Associate: 2022 Edition
(DBN)

Michael Avenatti Ordered to Pay Restitution to Stormy Daniels in Fraud Lawsuit • Disgraced Attorney Michael Avenatti Ordered to Pay Up for Trying to Extort Nike and Defrauding Stormy Daniels
(DBN)

A judge says he will be 'forced' to give Rudy Giuliani jail time unless the former mayor pays his ex-wife $225,000 by next month
(DBN)

Adversaries Should More Often Connect On A Human Level
(DBN)

Malpractice Suits in Illinois Can Recoup Past Punitive Damages
(DBN)

Helen Wan, Attorney And Author Of 'The Partner Track,' On Bringing Her Biglaw Novel To Netflix
(DBN)

Man convicted in shooting death of Kansas City attorney who won case against him • Jury finds millionaire litigant guilty in lawyer's murder
(DBN)

Fish Of The Air? An Update On An Oddly Textual Californian Bee Suit
(DBN)

After Lori Vallow Smiles in Court, Judge Bans Television Cameras Due to 'Detrimental Impact on Selecting an Impartial Jury'
(DBN)

Judge says Jan. 6 panel may get Arizona Republican Party chair's phone records • Federal jury convicts QAnon believer who led charge during Capitol riot • From Yale to jail: Oath Keepers founder Stewart Rhodes' path • Jury convicts QAnon believer who thought he was storming the White House during the Capitol riot • Jan. 6 Rioter Could Get 50 Years • Jan. 6 panel is 'aware of' call between White House and rioter, Rep. Raskin says • Attorneys for 'Oath Keepers' Want Capitol Breach Trials Moved Due to 'Incessant Negative Publicity' from Joe Biden, Jan. 6 Committee, and Journalists • Man Who Allegedly Told the Cops He Wanted 'Q' to 'Get the Credit' for Storming the Capitol Has Been Convicted of Five Felonies • U.S. Capitol Rioter Who Blamed Violence on 'Antifa' But Went on to Testify Before Jan. 6 Committee Gets Probation • South Carolina Lawyer Fired Right After Arrest for Storming Capitol Pleads Guilty to Lone Jan. 6 Offense • Jan. 6 Was Just the Beginning for the Proud Boys • 'Fighting fit': Trial to show Oath Keepers' road to Jan. 6
(DBN)

National security risk review of Mar-a-Lago material resumes after court ruling • NARA withholding Mar-a-Lago search records to protect DOJ's "ongoing work" • GOP Sen. Barrasso: Trump can't declassify documents by thinking about it • After Trump makes claims about planted and declassified documents, special master seeks specifics • Special Master Says Trump Should Give Names of Staffers Who Review Mar-a-Lago Docs to Him, Not the Government • Trump discovers he's not in Cannon-land anymore
(DBN)

Trump's best defense in New York lawsuit? 'Delay, delay, delay,' ex-prosecutors say • NY probe found potential crimes. Why isn't Trump in cuffs? • Donald Trump Says He Can't Be Sued for Fraud Because He Paid the Money Back
(DBN)

Judge: No to Returning My Pillow Guy's Phone
(DBN)

Georgia voting equipment breach at center of tangled tale
(DBN)

Alan Dershowitz Calls The Proletariat To The Barricades As NYAG Sues On Behalf Of Banks
(DBN)

Are the walls really closing in on Trump this time?
(DBN)

Arizona judge rules state can enforce a near-total abortion ban • Arizona judge allows pre-statehood abortion ban to take effect • GOP quiet as Arizona Democrats condemn abortion ruling • Sinema Says Arizona Abortion Ruling Removes Basic Women's Rights • Biden suggests support for filibuster change to legalise abortion • Abortion is a matter of 'freedom' for Biden and Democrats • White House rips Arizona court's "backwards" decision on abortion ban • Karl Rove: Texas Abortion Law Too Extreme • Texas May Study Exceptions to Near-Total Abortion Ban Next Year • How Texas' abortion ban hurts Big Oil's effort to transform its workforce • Kansas Gov. Laura Kelly sidesteps abortion in tough re-election battle • Indiana abortion clinics see patients amid legal changes • Pro-Life Activist Caused Injuries That 'Required Medical Attention' When He 'Forcefully Shoved' Abortion Clinic Escort: DOJ • AZ: SCOTUS Ruling Drives Women to Vote • Texas vow to 'eliminate all rapists' rings hollow at clinics • Abortion upends the battle for a dozen key governorships • Texas Prosecutors Struggle with Abortion Restrictions
(DBN)

Montana accepting transgender birth certificate changes
(DBN)

Where GOP governors are transporting migrants • Migrants from 'failing' communist countries overwhelming Texas border agents • Texas Mayor Says There Is a Humanitarian Way to Bus Migrants • DeSantis is not stopping his migrant charters. And Biden world can't do a thing about it. • Border chief says GOP governors are worsening crisis by 'lying' to migrants • How Americans Feel About Republican Governors Sending Migrants To Blue Cities
(DBN)

School officials unknowingly gave Michigan shooting suspect his backpack with gun and magazines, lawyer says
(DBN)

Black mother violently arrested after she called police on neighbor settles lawsuit
(DBN)

Texas police investigate use of force after video of officer slamming student into lunch cart circulates
(DBN)

Mississippi Man Charged with Hate Crime for Allegedly Burning Cross to Intimidate Black Family
(DBN)

Fired Cop in 'Rural' Texas Accused of Murdering Unarmed Black Man Is Acquitted by All-White Jury, Lawyer Says
(DBN)

12-year-old girl shoots dad in alleged plot with friend to kill their families • 12-year-old Texas girl allegedly shoots self, father in alleged murder pact
(DBN)

Manhunt underway after 3 people shot at Pennsylvania amusement park
(DBN)

Colorado Man Convicted of Murdering Woman, Trying to Kill Her Boyfriend over Pooping Dog Dispute
(DBN)

Man with 48-year grudge caught peeing on ex-wife's grave every day
(DBN)

OR: Rape Victim Jailed for Her Silence in Case
(DBN)

DeSantis to Face Trial on Dismissing Prosecutor
(DBN)

FBI misled judge who signed warrant for Beverly Hills seizure of $86 million in cash
(DBN)

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Judges:

Whaddya Know? A Majority Of Americans Support Expanding The Supreme Court
(DBN)

Trump installed a historic number of judges. Biden is outpacing him so far.
(DBN)

Feds drop charges against judge accused of helping immigrant evade ICE custody
(DBN)

The Most Beloved Supreme Court Justice
(DBN)

Nina Totenberg Had a Beautiful Friendship With RBG. Her Book About It Is an Embarrassment.
(DBN)

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Wall Street:

U.S. stock futures point to fifth day of losses on Wall Street to challenge 2022 lows
(DBN)

Wall St slumps as investors fret on rate hikes and recession • Dow drops nearly 500 points to close at new low for 2022 on rising recession fears
(DBN)

10 Most Shorted Stocks in September
(DBN)

Bonds are in the midst of their worst crash since 1949, and the fallout could unravel some of the market's most crowded trades, Bank of America says • The Great Bond Bubble Is 'Poof, Gone' in Worst Year Since 1949
(DBN)

Spooked Traders Just Piled Into Stock Protection at Record Rate
(DBN)

Traders Brace for S&P 500 Free Fall as Chart Supports Crumble
(DBN)

Goldman Sachs cuts 2022 target for S&P 500 by 16%
(DBN)

Investors wonder when vicious sell-off in U.S. stocks will end
(DBN)

After feverish week, global investors lick wounds and brace for more chaos
(DBN)

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Layoffs:

Grab Doesn't Envisage 'Mass Layoffs,' COO Hungate Tells Reuters
(DBN)

Instacart cuts staff, curbs hiring
(DBN)

The pandemic's real estate jobs boom is turning into a bust as layoffs hit
(DBN)

Tesla to Deploy Thousands of Humanoid Robots in Factories
(DBN)

LOs, senior managers among the 300+ cut in latest Caliber layoff
(DBN)

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Furniture:

Home Décor Outlets files for bankruptcy but fails to notify customers
(DBN)

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Climate:

Global climate change protests demand compensation ahead of COP27
(DBN)

Tropical Storm Ian could become hurricane, Florida in path • Florida Faces Uncertainty as Forecasters Decode Ian's Path • Tropical Storm Ian poised to become Category 4 hurricane, threaten Florida • Biden declares Florida state of emergency, postpones trip as Tropical Storm Ian strengthens • Florida Governor DeSantis Declares State of Emergency Amid Storm
(DBN)

Hurricane Fiona to wallop Canada as one of its strongest storms on record • Fiona's wrath Hurricane sweeps away houses out to sea, knocks out power in eastern Canada • 470,000 without power after Fiona causes 'shocking' damage in Canada • Canada struggles to restore power after storm; body found
(DBN)

Typhoon Talas Lashes Japan
(DBN)

Philippines Braces for Intensifying Super Typhoon Noru Landfall • Typhoon Noru Seen Bringing Heavy Rains to Vietnam's Coffee Belt
(DBN)

UN General Assembly previews climate summit conflicts
(DBN)

Floods Left Behind an 'Ocean of Human Suffering,' Says Pakistan PM
(DBN)

How a 100-year-old miscalculation drained the Colorado River
(DBN)

The flooding of Everson, Washington
(DBN)

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Pharma:

U.S. Federal Trade Commission wants to revive Endo antitrust appeal despite bankruptcy
(DBN)

Executive bonuses at Malvern opioid firm Endo were 'excessive' and 'secret' before bankruptcy, state AGs say
(DBN)

House GOP eyes repeal of Dems' drug pricing law
(DBN)

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Celebs:

Victim Of Erika Jayne's Husband Tom Girardi Demands 2015 Mercedes Benz To Settle Disgraced Lawyer's Debt
(DBN)

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Autos:

Ford Delays F-150 Deliveries Due to a Shortage of Blue Oval Badges: Report
(DBN)

Americans Have Always Bought Too Much Car. Now They're Doing It With EVs
(DBN)

GM's Commitment to Electric Cars Still Has Skeptics
(DBN)

GM to Invest $760 Million to Shift Ohio Plant to EV-Part Production
(DBN)

September Vehicle Sales Forecast: Increase to 13.7 million SAAR
(DBN)

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Private Equity:

SEC Ramps Up Scrutiny of Private Equity Firms' Writedowns
(DBN)

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Theme Parks:

'Shameless' Disney guests beat soaring entry fees by sneaking in kids in strollers
(DBN)

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Utilities:

PG&E Sued for Starting California's Largest Wildfire in 2022 Season
(DBN)

Puerto Ricans seething over lack of power days after Fiona
(DBN)

____________

Movie Theaters:

National CineMedia Lenders Tap Banker as Debt Maturities Approach
(DBN)

Remedies for M&A Breach of Contract – The Cineplex Case
(DBN)

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Maritime:

Inside the Hijacking of a $100 Million Supertanker
(DBN)

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Labor:

JetBlue Baggage Handlers, Other Airport Ground Workers Want Union Representation
(DBN)

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Fraud:

Nikola's Milton Was 'Hyper-Focused' on Company's Stock Price, CFO Tells Jury
(DBN)

The Mississippi welfare fraud involving Brett Favre, explained • Texts: Favre also sought welfare money for football facility • MS: Welfare Scandal Spreads Beyond Favre
(DBN)

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Guns:

Gun Makers are Targeting Kids to Increase Sales
(DBN)

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Food/Beverage:

Plants Based Meats are Fizzling in America
(DBN)

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Economy:

U.S. business activity remains subdued in September - S&P Global survey
(DBN)

U.S. Business Equipment Borrowings Grow 4% in August - ELFA
(DBN)

Recession fears cloud Biden's feel-good economic message
(DBN)

Fed rate moves can't address some price spikes
(DBN)

Powell says economy may be entering 'new normal' after pandemic
(DBN)

Commodities Gauge Slumps to Lowest Since July Amid Broad Selloff
(DBN)

BlackRock says markets will get 'Fed up' with too much tightening in the event growth slows, with Powell showing the most resolve since Paul Volcker
(DBN)

PGIM's Head Quant Advises Patience With Fed's Inflation Battle
(DBN)

Investors are now bracing for 'hard landing' for economy
(DBN)

Atlanta Fed President Bostic expects job losses but says there's a really good chance to get to 2% inflation without killing the economy • Fed can avoid 'deep pain' in inflation fight, Bostic says • Fed will try to avoid 'deep, deep pain' for U.S. economy, Bostic says
(DBN)

Central banks around the world are willing to risk recession to fight inflation — and early signs suggest widespread pain for everyone, everywhere
(DBN)

The Fed's Latest Rate Hike: Five Ways Americans May Feel the Pain
(DBN)

Some U.S. firms wait to issue bonds in a bet rates will come down
(DBN)

KKR Strategist Predicts Mild Recession, Sees Risk of Fed Overshoot
(DBN)

Stocks tumble, dollar soars and bonds plunge as recession fears grow
(DBN)

Q3 GDP Tracking: Close to 1%
(DBN)

Why the Global Economy is Crashing
(DBN)

Economic Indicators Continue to Drop, Signaling Possible Recession
(DBN)

World Bank president declines calls to step down
(DBN)

LA Port Traffic: Inbound Declined in August
(DBN)

New York is now No. 1 port in a tipping point for U.S.-bound trade
(DBN)

Microsoft executives say it's 'wrong' for managers to spy on remote employees' mouse clicks and keystrokes: 'That's measuring heat rather than outcome'
(DBN)

GM Tells Corporate Workers to Return to Office Three Days a Week
(DBN)

Barclays Tells Dealmakers to Return to Offices Four Days a Week
(DBN)

Hybrid work fuels 'productivity paranoia' between employees and their managers
(DBN)

Corporate I.D.-card swipes, lunchtime orders, subway and train traffic, and traditional polls don't suggest people are returning to the office in droves
(DBN)

AMC CEO, Famous for Embracing Memes, Takes Up the Four-Day Work Week
(DBN)

Germany Nabs UAE Gas Deal as Energy Squeeze Tightens • West works to deepen sanctions after Putin heightens threats • German Finance Minister Questions Gas Levy's Rationale • EU Draft Energy Plan May Allow for Lower Electricity Cuts • Germany's Scholz in Saudi Arabia as Gas Crunch Bites Economy • Scholz Says Energy Crisis Presenting One Hurdle After Another • Unrealistic Demands Hindering European LNG Deals: Total CEO • Europe's First Cold Snap Is Early Test for Continent in Crisis • European Industry Buckles Under Weight of Soaring Energy Prices • Toyota Ends Carmaking in Russia, Seeing No Path to Restart Plant • Mazda discussing ending production in Russia • EU Has Political Will to Extend Russia Sanctions, Croatia Says • European Gas Heads for Fourth Weekly Loss as Stockpiles Fill Up • Russia's neighbors move to close borders to Russians fleeing conscription • Steel makers fear deepening crisis from energy crunch as output halted • Europe Faces An Exodus Of Energy-Intensive Industries • Russia's SWIFT alternative expanding quickly this year, says central bank • Russian banks lost around $25 billion from Ukraine conflict - central bank official • Europe's Energy Crisis, Explained • EU Preps for a Winter Energy Crisis • Lights out, ovens off: Europe preps for winter energy crisis
(DBN)

OECD: World Economy Paying the Price of War
(DBN)

Beto O'Rourke Says US Guest-Worker Program Would Help Slow Inflation
(DBN)

New minimum tax could hit Berkshire Hathaway and Amazon hardest, study shows
(DBN)

Inflation, spending cuts undermine Biden's hunger policy
(DBN)

US Debt Clock
(DBN)

World Debt Clock
(DBN)

How People Really Live
(DBN)

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Real Estate:

US 'housing recession' could send prices 20% lower by mid-2023: economist
(DBN)

Home values in August saw their largest monthly decline since 2011. Some cities see house prices drop by 3%.
(DBN)

US  Housing Market Needs Difficult Correction
(DBN)

Americans Still Tap Home Equity Amid Record Jump in Refi Costs
(DBN)

Why Measures of Existing Home Inventory appear Different
(DBN)

Black Knight: Mortgage Delinquency Rate decreased in August
(DBN)

Take a look at these 10 smaller cities with some of America's lowest property prices
(DBN)

These are the top 10 best family-friendly U.S. cities in 2022
(DBN)

No more New York: People are trying to flee the Empire State for warmer destinations. Here's why.
(DBN)

The Mall-Buying Bottom-Feeder Has His Sights Set On Manhattan's Older Office Buildings
(DBN)

____________

Municipalities:

10 Cities People Want to Leave Most
(DBN)

Many Puerto Ricans still don't have power and water a week after Fiona: 'It's a disgrace'
(DBN)

Misery, yet again, for Puerto Ricans still recovering from Maria
(DBN)

Lack of power in Puerto Rico creates life-or-death situations for those with medical needs
(DBN)

Residents of a Puerto Rico town devastated by Fiona are distressed over exclusion from FEMA individual assistance
(DBN)

Tax appeal may impact PILOTs for American Dream mall in New Jersey
(DBN)

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Oil/Gas:

Oil prices will head back toward $100 per barrel as a supply crunch returns to the energy market, JPMorgan says
(DBN)

Oil plunges to 8-months low on strong dollar, looming recession fears
(DBN)

Hedge funds dashed to exit energy positions last week
(DBN)

Pump Prices in US Soar as Supply Cracks Outweigh Weak Demand
(DBN)

Leaked Study Shows Exxon, Partners Overspent by $138 Billion
(DBN)

Glencore Gets $486 Million Criminal Penalty in Oil Pricing Case
(DBN)

Energy Jobs Are Finally Recovering, With Renewables Leading The Way
(DBN)

____________

Crypto:

Celsius has temperatures rising as parties claim priority over lost equity
(DBN)

Crypto Investors Got Burned by Celsius. Then They Battled Back.
(WSJ)

Celsius leadership's bankruptcy plans include potentially turning its debt into a new cryptocurrency • Celsius Has A Hail Mary Bankruptcy Plan: Turn Its Debt Into A New Cryptocurrency • Leaked Audio Emerges of Celsius' Bankruptcy Plan
(DBN)

Crypto bankruptcies could put some customers at the 'bottom of the totem pole'
(DBN)

Celsius Investors Claims Bankruptcy Process is Customer-Focused
(DBN)

Celsius Shareholders Call For Equal Representation • Celsius shareholders want their own legal representation in bankruptcy case • Celsius Shareholders File to Stake Their Claim for Bankruptcy Payouts
(DBN)

Compute North files for bankruptcy: Company wanted to mine cryptocurrency in Greenville
(DBN)

Marathon Digital Downgraded on Headwinds From Compute North's Bankruptcy
(DBN)

Voyager CFO Ashwin Prithipaul Resigns From the Bankrupt Company • Bankrupt crypto lender Voyager's CFO to exit months after appointment
(DBN)

Coinbase sued for patent infringement over crypto transfer technology
(DBN)

Newsom Vetoes 'Premature' Crypto Oversight Bill for California
(DBN)

Cryptocurrencies Extend Drop as 'Tough Environment' Culls Demand
(DBN)

____________

Commercial Transportation:

FedEx is raising its shipping prices to battle slower growth
(DBN)

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Tech:

Investors Fleeing Company That Hopes To Merge With Trump's Truth Social, Take It Public
(DBN)

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Healthcare:

Shattered dreams: You lose your newborn, then the hospital bills flood in
(DBN)

Biden made a major dent in the student debt crisis — and it's time he does the same for the growing medical debt load in the US, attorneys and advocates say
(DBN)

Moderna seeks emergency authorization for omicron COVID booster for children
(DBN)

COVID Sept 23, 2022, Update on Cases, Hospitalizations and Deaths
(DBN)

'Other Places in the Country Didn't Do This': How One California Town Survived Covid Better Than the Rest
(DBN)

CDC: Minority of U.S. Should Be Masking
(DBN)

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Cruise Lines:

Are cruises fun again? COVID rules have been eased, but some things may never go back to the way they were.
(DBN)

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Politics:

Cheney will do "whatever it takes" to prevent a Trump 2024 nomination • Liz Cheney says she would campaign for Democrats
(DBN)

Trump — who once endorsed DeSantis as his 'great friend' — slams the 'ungrateful' Florida governor, saying 'I made him,' report says
(DBN)

Biden edges out Trump in potential 2024 matchup
(DBN)

Polls Still Don't Show a GOP Bounce Back
(DBN)

Biden vs. his advisers
(DBN)

Most Democrats Say Ditch Biden as 2024 Nominee: Post-ABC Poll
(DBN)

Bill Gates says political polarization 'may bring it all to an end' and could even lead to a civil war
(DBN)

Trump allies launch new super PAC called MAGA Inc.
(DBN)

Trump to Maggie Haberman: I ran for fame
(DBN)

Trump's Open Embrace of QAnon • Trump promotes QAnon-related posts on his social media platform • 'Trump Is a Messianic Figure in the QAnon Calls'
(DBN)

Trump's Tall Tales Have Finally Caught Up With Him
(DBN)

Red flags for Arizona Republicans
(DBN)

White House prepares for post-midterm turnover
(DBN)

The 10 races that could decide Senate control
(DBN)

The far right is having a moment in Europe. Actually, everywhere.
(DBN)

GOP nominee jokes about 2020 plot to kidnap Michigan Gov. Gretchen Whitmer
(DBN)

The American right's future involves waging a 'religious battle' against the left, leaders say at a conservative conference
(DBN)

Questionable Credibility of Two Key Witnesses in Matt Gaetz Probe May Lead to No Criminal Charges: Report
(DBN)

Project Veritas Must Pay $120,000 for Sending Mole to Infiltrate Progressive Group for Sting Videos: Jury
(DBN)

Herschel Walker Lies on Donations to Charities
(DBN)

Pollsters fear they're blowing it again in 2022
(DBN)

False claims, threats fuel poll worker sign-ups for midterms
(DBN)

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New Bankruptcy Opinions
(5 new opinions today - DBN)

Bankruptcy Court Web/Pacer Site Directory

Recent Ch. 11 Filings (27 new filings today)
(DBN)

Recent Ch. 11 Adversary Proceeding Filings (4 new filings today)
(DBN)

Bankruptcy Code (html) - Bankruptcy Code (pdf) • Prior BK Codes (pick year from list) - Bankruptcy Rules
(large downloads)

UCLA-LoPucki Bankruptcy Research Database
(DBN)

Chapter 11 Bankruptcy Case Studies
(DBN)

Mass Torts:

Hess Creditors Seek Dismissal of Virgin Islands Bankruptcy • Hess Blocking USVI Asbestos Cases With Bankruptcy, Creditors Say
(DBN)

Biden to announce $1.5 billion to fight U.S. opioid crisis
(DBN)

Why Lawyers Love Jackpot Talc Litigation
(WSJ)

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Solvent Debtors:

Ninth Circuit Holds That Unsecured Creditors of a Solvent Debtor Accrue Postpetition Interest at the Applicable Contractual or State Law Rate If Unimpaired
(DBN)

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Bankruptcy Reform:

A New Bankruptcy Subchapter for Institutions of Higher Education: A Path but Not a Destiny
(DBN)

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Cannabis:

Cannabis-Related Companies Alternatives to Bankruptcy
(DBN)

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Aviation:

Garuda Indonesia files for Chapter 15 U.S. bankruptcy procedure - CEO
(DBN)

Boeing to pay $200 million to settle charges it misled investors following 737 Max crashes, SEC says
(DBN)

Man banned from American Airlines for life after assaulting a flight attendant; FBI investigating
(DBN)

Disabled Woman Left to Drag Self to Plane Toilet, Staff Said 'Wear Diapers'
(DBN)

The airline race for a breakthrough climate change fuel is just starting
(DBN)

Genghis Khan Airlines Enters Bankruptcy
(DBN)

Leveraged loan to help Latam airlines exit from bankruptcy
(DBN)

Russian airlines staff start to receive conscription notices
(DBN)

Electric Planes Are Taking Flight
(DBN)

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Retailing:

BDO: Store openings most in past five years
(DBN)

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History:

'The God-Damnedest Thing': The Antisemitic Plot to Thwart U.S. Aid to Europe's Jews and the Man Who Exposed It
(DBN)

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Religion:

Desmond Tutu's daughter barred from funeral role over gay marriage
(DBN)

Pope urges Italians to have more children, welcome migrants
(DBN)

Is net finally closing on US priest who allegedly abused 'countless' children?
(DBN)

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Trucking:

Wyotrans' Chapter 11 bankruptcy case 'hitting rough waters,' trustee says
(DBN)

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Banking:

Revlon Lenders That Lost $500 Million Citi Fight Seek Rehearing
(DBN)

Deutsche Bank in $26.3 mln shareholder settlement over Epstein, Russian oligarch ties
(DBN)

Barclays shareholders sue in U.S. over $17.6 billion debt sale blunder • Barclays Sued by Investors Over Multibillion Securities Blunder
(DBN)

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Sovereigns:

Bankrupt Sri Lanka pleads with creditors for quick debt deal • Sri Lanka aims to have US$2.9b IMF loan finalized in December: sources
(DBN)

Fitch Deepens Ghana Junk Rating on Debt-Restructuring Concerns
(DBN)

Pakistan Seeks Relief From Bilateral Creditors, Not Bondholders • Pakistan Leader Warns 'All Hell Will Break' Without Debt Relief • Pakistan floods raise fears of hunger after crops wrecked
(DBN)

Britain Heads for an IMF Bailout
(DBN)

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UK:

UK downturn deepens, raising recession risk -flash PMI
(DBN)

Pound plunges after new British government releases budget • Pound Plunges By The Most Since March 2020 Versus US Dollar • Sterling tanks 3%, set for biggest one-day fall since 2020 • British pound plunges to new low as tax cuts spark concern
(DBN)

'A budget for the 1%': government accused of huge tax cut for super-wealthy • Sturgeon: Super wealthy 'laughing all the way to the bank' after mini-budget
(DBN)

Britain sends investors fleeing with historic tax cuts and borrowing
(DBN)

UK's Truss Plans More Tax Cuts Next Year, Telegraph Reports
(DBN)

Tory tax cuts condemned as experts warn only richest gain
(DBN)

Liz Truss's Historic Gamble With the UK Economy Is Already Unraveling
(DBN)

Summers Warns Pound May Tumble Past $1 on 'Naive' UK Policies
(DBN)

Confidence in UK Markets Vanishes as Pound Plunges
(DBN)

Who Wins Most From Kwarteng's Tax Bonanza?
(DBN)

Truss Backers Betting Against UK Economy
(DBN)

Kwarteng Says There's 'More to Come' After UK Tax Giveaway
(DBN)

UK's Labour Would Reinstate Top Tax Rate, Keep Basic Rate Cut
(DBN)

Calls Mount for 'Assertive and Hawkish' BOE Response to Tax Cuts • UK Market Plunge Sparks Talk of Emergency BOE Rate Hike • Deustche Bank's Saravelos Calls for Large Emergency BOE Hike
(DBN)

Financial Repression May Become Necessary to Contain UK Yields
(DBN)

St. Kitts and Nevis considers dropping the monarchy after queen's death
(DBN)

Abolish the monarchy? Some Britons sour on future of royal rule after ascension of King Charles III
(DBN)

New book reveals palace staff's nasty name for Meghan Markle • 'Working for teenagers': Royal aide dishes on working for Meghan, Harry • Ex-staffers 'broken' by Meghan Markle's alleged screaming tirades
(DBN)

A massive four-day work week trial in the UK began in June. Now halfway through, many of the companies involved say it's been a boon for business and workers alike.
(DBN)

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EU:

Euro-Area Inflation Fast Nearing 10% Will Test Lagarde and the ECB
(DBN)

Euro zone likely entering recession as price rises hit demand -PMI
(DBN)

ECB's Nagel Says More Interest-Rate Hikes Will Be Necessary
(DBN)

Europe's Stoxx 600 Set to Enter Bear Market on Recession Fears
(DBN)

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Canada:

Canada Retail Sales Fell in July Amid Rate Increases
(DBN)

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Russia:

Russia vows "full protection" to territories annexed from Ukraine • Russians Confront New Normal as Annexation Voting Continues • Zelensky: Russia annexing Ukrainian territory will end diplomatic talks • Russian-occupied regions begin staged vote as Kremlin denies reports of men fleeing service • Ukrainians scared by Russia's preordained referendums
(DBN)

Putin has escaped to his secret palace in a forest amid anti-draft protests in Russian cities, report says • Zelenskyy urges Russian conscripts to 'sabotage' military operations and offers protections to those who surrender: 'It is better to surrender to Ukrainian captivity than to be killed by the strikes of our weapons' • Zelenskyy calls for 'sabotage' as thousands of Russians flee after mobilization call • Russia Acknowledges, Dismisses 'Hysterical, Extremely Emotional' Outrage at Mobilization • Russians Who Won't Fight Threatened with 10 Years in Prison • Russia's army is plagued by training and morale issues as Moscow rolls out partial mobilization • Security Expert: Russian Forces are Spent • Russia's call-up splits EU; Ukraine says it shows weakness
(DBN)

Senior Russian lawmakers express concern over Putin's mobilization drive 'excesses'
(DBN)

Even Russia's friends are getting upset over its war
(DBN)

The internal forces Putin fears more than his public
(DBN)

Blinken Calls Russian Seizure of Nuclear Plant 'Flagrant Breach'
(DBN)

Zelenskyy on Putin's threat of nuclear weapons: 'I don't think he's bluffing' • Russian TV: Nuclear War is Already a Given • White House says Kremlin has been warned on nuclear weapons • What if Putin Used Nukes in Ukraine?
(DBN)

UN human rights commission says war crimes were committed in Ukraine • Russian troops raped and tortured children in Ukraine, U.N. panel says
(DBN)

'Read Putin More Often and Carefully,' Lavrov Tells UN Reporters
(DBN)

Zelenskiy Says China's Position on Russian Invasion 'Ambiguous' • Australia Urges China to Press Russia on Ending War in Ukraine • China, India Call for Talks to End Ukraine War
(DBN)

Jewish pilgrims gather in Ukraine despite the perils of war
(DBN)

13 dead, 21 wounded in school shooting in Russia
(DBN)

____________

China:

Creditors allowed to recommend bankruptcy administrators
(DBN)

China's CCB to Set Up $4.2 Billion Fund to Buy Properties
(DBN)

China warns "external" interference in Taiwan will lead to "forceful" response • Singapore Warns of 'Escalatory Spiral' as US-China Trust Erodes • Blinken and China's Wang Discuss Rising Tensions Over Taiwan at UN
(DBN)

In China, homebuyers occupy their 'rotting', unfinished properties
(DBN)

____________

Hong Kong:

Zombie apocalypse: 1 in 5 Hong Kong-listed companies not earning enough to pay the soaring interest on their debts
(DBN)

Hong Kong Businesses Push For Full Reopening as Quarantine Ends
(DBN)

____________

Spain:

Spain's Millionaire Levy Sets Stage for Tax Clash Ahead of Vote
(DBN)

____________

Germany:

German Economic Downturn Deepens in Sept, Outlook Grim -Flash PMI
(DBN)

Ifo German business climate indicator falls to worst level in more than two years
(DBN)

____________

MENA:

Iran says internet crackdown will continue amid protests • Iran Protesters Clash With Volunteer Militias as Unrest Deepens • US Eases Restrictions on Iran Internet Services After Protests • Why Iranian women are risking everything by burning their hijabs
(DBN)

Palestinian President Abbas: Israel "destroying" two-state solution
(DBN)

Poverty and inflation: Egypt's economy hit by global turmoil
(DBN)


____________

France:

France Likely to Raise Pension Eligibility Age, Minister Says
(DBN)

____________

Switzerland:

Swiss Back Plan to Work Longer, Raise VAT to Pay for Pensions
(DBN)

SNB's Jordan can't rule out recession
(DBN)

____________

Italy:

Italy: 70 Governments in 77 Years
(DBN)

Italy Makes Historic Lurch to the Far Right
(DBN)

____________

India:

Can government have first claim over corporate debtor's property?
(DBN)

____________


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