• This weekends’ G20 meeting is generating headlines as officials suggest that the IMF’s rescue fund is insufficient. As you’d imagine, there is some division over that idea. From Reuters News.
• In a sign of the funding difficulties facing European banks, large U.S. money funds cut short-term loans to French banks by 44% last month. From Bloomberg News.
• Google posted a year-over-year earnings increase of 26% last night on ad revenues. From the Wall Street Journal.
• China released figures showing that inflation slowed to 6.1% in September yesterday. The government’s attempts to reign in the economy, combined with economic slowing world-wide, have given officials breathing room. Policy moves in Europe will take center stage in determining economic health in emerging markets. From the Financial Times.