TODAY’S TOP ARTICLES – 05 NOV 2014

USA: Tough Road Ahead for Obama after Republicans Seize Senate
Republicans rode a wave of voter discontent to seize control of the U.S. Senate on Tuesday, dealing a punishing blow to President Barack Obama that will limit his legislative agenda and may force him to make a course correction for his last two years in office. (Source: Reuters)

Indonesia: Economy Slows Down in Q3
The Indonesian economy grew an annual 5.01% in Q3, representing the smallest expansion since 2009 and increasing the challenge for President Widodo to revitalize the economy. (Source: Bloomberg)

Ireland: Service Sector Grows at Slower Pace in October
Service sector activity continued to moderate in October, as the Investec services PMI dropped from 62.5 to 61.5. (Source: RTT News)

Greece: Greece Can Use Bank Rescue Funds after Bailout Exit – Cenbanker
Greece can use the remaining 11.5 billion euros ($14.4 billion) in its bank rescue fund as a precautionary credit line when it exits its EU/IMF bailout, the country’s central bank chief told Greek newspaper Ta Nea on Wednesday. (Source: Reuters)

Eurozone: Job Losses and Weak Demand Dent Euro Zone Economy
Business growth in the euro zone slowed more than expected in October, as demand rose to the weakest degree in the last 15 months of expansion leading to job losses for the first time in almost a year. (Source: CNBC)

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

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