Europe: Ben Bernanke: Quantitative Easing Will be Difficult for the ECB
Former Federal Reserve Chairman Ben Bernanke predicted that the European Central Bank (ECB) would have a rough time implementing U.S-style monetary easing. (Source: CNBC)

India: India’s Power Minister Says Country Needs $250B Over 5 Years To Meet Energy Needs
Power minister Piyush Goyal said on Thursday $250 billion of investment was needed over the next five years if the country was to meet an expected doubling of energy consumption and provide power for all its 1.2 billion people. (Source: IBT)

Germany: German Factory Orders Recover in September
German factory orders rebounded in September, recording a 0.8% monthly gain, which followed August’s 4.2% decline. A pick-up in foreign demand drove the improvement, whereas domestic orders fell. (Source: RTT News)

Brazil: Brazil Senate Votes to Cut State, Civic Debt, Easing Budget Rigor
The Brazilian Senate approved a bill on Wednesday that lowers the debt burden of states and municipalities, opening the way for regional governments to spend more at a time of growing concern about the country’s fiscal health. (Source: Reuters)

United Kingdom: Bank of England Looks Set to Signal no Rate Hike until mid-2015
Bank of England gave signals that it won’t hike interest rates until mid-2015 due to a combination of weak inflation that could fall below 1.0% soon, still-feeble wage growth and the risk of a return to recession in the euro zone. (Source: Reuters)

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