Pakistan’s new leaders are scrabbling for foreign cash to ward off a possible economic meltdown just as they try to contain soaring Islamist violence.

Pakistan seeks cash amid financial crunch (San Francisco Chronicle)
Pakistan’s new leaders are scrambling for foreign cash to ward off a possible economic meltdown at a time when they are trying to contain soaring violence by Islamic fundamentalists. Battered by high inflation and a plunging currency, the nuclear-armed…

IMF may be on path to revival through money crisis (Washington Post)
WASHINGTON — The global financial turmoil may revive the International Monetary Fund’s role as the world’s financial firefighter, providing loans to cash-strapped countries and developing an early warning system to prevent future crises.

Brazil Eases Reserve Rules for Banks to Buy Loans (Correct) (Bloomberg)
Oct. 16 (Bloomberg) — Brazil eased rules for banks to buy loans from other lenders that may need cash with reserves that are deposited with the central bank.

Money markets on a recovery path as states pump in cash (Express India)
Tensed money markets, took a breather as the cost of borrowing dollars in London fell, rounding off the first weekly decline since July, after central banks around the world pumped unprecedented amounts of cash into money markets and governments backed loans.

Only half pay back family loans (Channel 4)
Six out of 10 people have lent money to family and friends but only half of these ever get it back again, research showed. Around 60% of people said they had advanced cash to a member of their family or a friend, lending an average of 607 a time, according to AA Personal Loans.