Pundit

People's Bank of China

World News Brief, Wednesday August 31

Libyan rebels are giving Qaddafi loyalists until Saturday to surrender; Qaddafi's whereabouts unknown--some of his family members are sheltering in Algeria; People's Bank of China is reining in lending; Japan's sixth prime minister in five years elected; Pentagon wasted $30 billion on wartime contracts in Iraq and Afghanistan, says report; Angela Merkel warns indebted eurozone countries to make substantial efforts to reduce debt; and more

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