A little Ryder Cup fodder to pass the time during the rain delays.  Our faves, and your must reads,  are highlighted in green, in honor of Lula and the Brazilian elections this Sunday.  Click highlighted source to link to original articles.  Enjoy!
China
China moving heaven and Earth to bring water to Beijing – L.A. Times
For US and China, Co-Dependency Breeds Bilateral Risk – WSJ
Commodities
Gold is “hyper overbought”,  Dennis Gartman- Pragmatic Capitalism
Replacing Oil Addiction With Metals Dependence? – National Geographic
U.S. aims to end China’s rare earth metals monopoly – Reuters
QE2 could boost oil price – Reuters
Currency
France and China in exchange rate talks – FT
LatAm currencies firm on China export demand – Reuters
Why China Is Unwilling to Revalue the Yuan – Baseline Scenario
Emerging Markets
Latin America Favored Over China in Survey of U.S. Companies, HSBC Says – Bloomberg
Lula’s legacy – Prospect
Venezuela’s legislative election: The revolution checked – Economist
Equities
Canadian Stocks Rise, Closing Weekly Gain, as Oil Surges – Bloomberg
European Stocks Post Biggest Weekly Decline in Three Months – Bloomberg
Emerging Stocks Rise to 27-Month High for Fifth Weekly Gain – Bloomberg
Fixed-income
Japan 10-Year Complete Three-Week Gain on Possible Monetary Easing –Bloomberg
Fed plays risky game toying with bonds – FT
General
CFTC starts overhaul of U.S. swaps market – Reuters
David Rubenstein: U.S. is losing its competitive edge – Fortune
Global Economy
Brazil exports, factory output dip as currency strengthens gains – Reuters
Rare Earth Minerals Stumbling Block to a Green Future – Energy Tomorrow
Global Monetary Policy
RBA Is Likely to Raise Interest Rates On Oct. 5 Meeting – Bloomberg
Fed’s Evans: More policy accommodation ‘desirable’ – Reuters
Fed’s Fisher Says Need for More Monetary Policy Easing ‘Not Crystal Clear’ – Bloomberg
ECB Orphanides: Short-Term Rates Not Good Signal Of Policy Stance – WSJ
N.Y. Fed chief Dudley: ‘Further action likely to be warranted’  – Washington Post
The Weimar Solution – WSJ Blog
Inflation/Deflation
Deflation: ‘Way Past the Point of No Return’ – Elliot Wave
Deflation, sagging exports dog Japan’s recovery – CNN
Inflation Everywhere but in the Mind of the Fed – Forbes
Indonesia Sept. Inflation Slows to 5.8%; Central Bank Seen Holding Rates – Jakarta Globe
Sovereign Risk
Greek Bonds Advance for First Time Since Debt Crisis Began: Euro Credit – Bloomberg
EU Warns of ‘Contagious’ Effects From Sovereign Debt on Banks – Bloomberg
Japan PM warns on debt, seeks multiparty tax talks – News Daily
Ratings Firms Face Fines, Tougher EU Rules on Sovereign Debt – Bloomberg
Shock, awe and the massive debt crisis – Sydney Morning Herald
Stress test shows RBS exposure to Irish debt – FT