Fed's Lockhart: Quantitative easing must be big

Atlanta Federal Reserve Bank President Dennis Lockhart said on Tuesday that further easing by the Fed has to be large enough to help boost demand, and purchases of $100 billion of securities a month would be a possibility.

http://www.reuters.com/article/idUSTRE69E28A20101019

China Plans to Reduce Its Exports of Minerals

HONG KONG — The Chinese government plans a further reduction, of up to 30 percent, next year in its quotas for exports of rare earth minerals, in an attempt to conserve dwindling reserves of the materials, the official newspaper China Daily said Tuesday.

http://www.nytimes.com/2010/10/19/business/global/19mineral.html?_r=3&partner=rss&emc=rss