Japan: Shocker: Japan Is In Recession
Japan’s economy shrank an annualised 1.6 percent in July-September, confounding expectations for a modest rebound after a severe contraction in the previous quarter and solidifying the view premier Shinzo Abe will delay a second sales tax hike next year. (Source: Business Insider)

Thailand: Thailand trims outlook as Q3 GDP slower than expected
Thailand’s economy grew much less than expected in the July-September quarter as exports contracted, forcing the authorities to again cut the country’s growth forecast for the year. (Source: CNBC)

Romania: Romania Opposition Chief Johannis Wins Presidency
Romanian Liberal Party leader Klaus Johannis erased a deficit of 10 percentage points to upset Prime Minister Victor Ponta and win the country’s presidency, which threatens to unsettle the ruling coalition. (Source: Bloomberg)

Global: Global Economy to Suffer as Putin Quits G20 Early
Andrew Critchlow from the Telegraph comments on the recent G20 meeting in Brisbane and how the early departure of President Vladimir Putin reflects the current state of global politics and the risk that the dispute between the West and Russia will likely act as a significant drag on global growth. (Source: The Telegraph)

China & Australia: Australia, China Deepen Ties with Landmark Free Trade Deal
China and Australia on Monday sealed a landmark free trade agreement more than a decade in the making, significantly expanding ties between the world’s second largest economy and one of Washington’s closest allies in Asia. (Source: Reuters)

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