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China's problem is the economy itself, not the market sell-off
The stock market sell-off is not the problem. Yes, the Shanghai Composite Stock Index has dropped almost 40 per cent since its June peak, but the Chinese economy has rarely been upset by fluctuations of its financial markets.
Can the global gloom sink the U.S. economy?  CNNMoney
Fed Appears to Hold Line on Rate Plan
JACKSON HOLE, Wyo.—Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S.
Fischer flags rebound in US inflation  Financial Times
Jobs report could prevent rate hike — but unlikely to ensure one  MarketWatch
3 reasons markets lost faith in China's economy, at a glance
For decades, Chinese economic policymakers have drawn praise for keeping their economy growing strongly through turbulence, such as the Asian financial crisis of 1997-1998 and the worldwide financial tumult of 2008.
Doubts about China's economic leadership sap confidence  Economic Times
UPDATE 2-Italy's Eni makes mega gas discovery off Egyptian coast
... * New field could hold 30 trillion cubic feet of gas. * Discovery comes as Egypt struggles to meet energy needs. * Italy's Eni has full rights to develop the site (Adds background).
'Supergiant' gas field found off Egyptian coast  Ynetnews
Italy's Eni makes mega gas discovery off Egyptian coast  Jerusalem Post Israel News
Californian families cope with drought as wells run dry: 'We can pray for rain'
TULARE, Calif. (AP) - Looking for water to flush his toilet, Tino Lozano pointed a garden hose at some buckets in the bare dirt of his yard.
AP PHOTOS: Neighbors Fill Buckets, Pray for Rain in Drought  New York Times
New boss of Frisch's Big Boy restaurants plans expansion
This undated photo provided by NRD Capital shows NRD Capital founder and interim Frisch's Restaurants CEO Aziz Hashim. The new lead owner of the Cincinnati-based Frisch's Restaurants chain wants to flex Big Boy's brand muscle.
Frisch's Big Boy planned expansion includes Indiana  Indianapolis Star
Third Point's Loeb says Suzuki should cancel shares it buys back from VW
TOKYO Aug 31 U.S. activist investor Daniel Loeb said Suzuki Motor Corp should cancel the shares it plans to buy back from Volkswagen AG, not issue equity or convertible shares.
VW and Suzuki settle four-year dispute  BBC News
Suzuki plans to go it alone after ending four-year Volkswagen dispute  Livemint
Punjab attracts Rs 3500-cr investments for solar projects
Chandigarh: Punjab government today said it has received bids from as many as 18 companies for setting up solar projects in the state which will attract investment of Rs 3,500 crore.
Pb attracts Rs 3500-cr investments for solar projects  The Statesman
Obama vs Fossil Fuels  Rapid News Network
UPDATE 3-Scotiabank energy-sector bad loans climb; profit tops estimates
(Adds CFO comments, updates shares). By John Tilak. TORONTO Aug 28 (Reuters) - Bank of Nova Scotia, which reported a quarterly profit that beat market expectations on Friday, said bad loans in the energy sector climbed as the oil price selloff took a toll.
Scotiabank sees gains in international operations profit  The Globe and Mail (subscription)
Scotiabank CEO touts positives of cheap oil as lender wraps week of bank ...
Europe doesn't properly recycle most of its electronic waste
You probably know that you should recycle your old tech when you're done with it, but getting other people to do the same? That's quite hard, apparently.
As Ghana law lags, new report says only a third of Europe's e-waste ...  Ghana Business News
Discarded electronics mismanaged within Europe equals about 10 times the ...  Phys.Org