TODAY’S TOP ARTICLES – 28 OCT 2014

Indonesia: How Widodo’s New Cabinet Stacks Up by Profession, Gender
Indonesian President Joko Widodo’s new cabinet is a balancing act between academics, business leaders and career civil servants on one side, and politically linked appointees on the other, with the professionals tipping the scale at just over half. (Source: Bloomberg)

Brazil: Rousseff pledges changes after narrow re-election win, markets fall
President Dilma Rousseff promised on Monday to make changes to her economic policies as she sought to build bridges with business leaders after narrowly winning re-election at the end of an acrimonious campaign. (Source: Reuters)

Argentina: Judge rejects creditors’ bid for Argentine funds held by BNY Mellon
A U.S. judge refused on Monday to require Bank of New York Mellon Corp (BK.N) to turn over to holders of defaulted Argentine bonds any of the $539 million the country deposited to pay creditors who participated in its past restructurings. (Source: Reuters)

Japan: Japan retail sales rise at fastest pace since Q1 in September
Japan’s retail sales rose at their fastest pace since the first quarter in September as investors began to shake off the effects of a consumption tax hike. (Source: CNBC)

Sweden: Sweden Cuts Interest Rate to Zero
Sweden’s central bank cut its main interest rate to zero on Tuesday, in an attempt to boost inflation, which has once again fallen below expectations. (Source: WSJ)

For the latest economic indicators from around the world, please visit us at Focus-Economics.com.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s