- UN Chief On Emergency G-8:
UN Secretary General Ban Ki-moon has offered to host an emergency G-8 summit at the UN to discuss the global financial crisis. Backing Sarkozy's appeal for world leaders to act together and meet by December, Ban said, "Such a format will allow us to more effectively act upon this crisis which requires a global solution through cohesive international partnership."
- 15% Happy With Country's Direction:
An AP/Yahoo poll just released found the number of people who believe the country is moving in the right direction has fallen from 28 percent last month to 15 percent this month. Respondents gave President Bush a 25 percent approval rating and nearly half of those in their 30s and 40s are worried about losing their jobs.
- China's Growth Rate Slows:
The growth rate of China's economy has fallen for the third straight quarter to 9 percent, down from 10.1 percent in the previous quarter. A spokesman for the statistics department said of the trend, "The growth rate of the world economy has slowed down noticeably. There are more uncertain and volatile factors in the international economic climate. All these factors have started to release their negative impact on China's economy."