Top Mexican cartel leader arrested, military says

Mexican soldiers have captured the second in command of one of the nation’s most ruthless drug cartels, the military said. “We must have a second round,” said Hamid Karzai, speaking in a taped and exclusive interview for the Fareed Zakaria GPS show that airs Sunday on CNN.

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Top China banker warns on asset bubbles

China needs an “urgent” tightening of monetary policy to prevent the huge stimulus measures introduced this year from inflating stock and property bubbles, one of the country’s leading bankers has warned. Qin Xiao — chairman of China Merchants Bank, the country’s sixth-biggest — says in Thursday’s Financial Times that the government should not be afraid of a “moderate slowdown” in the economy.

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