TODAY’S TOP ARTICLES – 24 NOV 2014

Global: Global Business Confidence Plunges to Post-Crisis Low
Worldwide business confidence slumped to a five-year low, with company hiring and investment intentions at or near their weakest levels in the post-global financial crisis era, according to a new survey. (Source: CNBC)

Greece: Greece Expects Primary Budget Surplus for 2015
Greece’s 2015 budget, submitted by the government to parliament on Friday, aims to meet the fiscal demands of the country’s creditors but comes without the prior approval of its troika of international inspectors. (Source: WSJ).

Saudi Arabia: Sinking Oil Prompts Iran to Push for Saudi Arabian Output Cut: Report
According to a recent report, Iran will try to persuade Saudi Arabia to cut oil production when the oil ministers from the two OPEC members meet this week in Vienna. (Source: CNBC)

Brazil: The $31 Billion Bet Against Brazil’s New Finance Minister
Whoever is tapped by Brazilian President Dilma Rousseff to oversee the government’s finances in her second term, one thing is clear: There’s plenty of work to be done to win over currency investors. (Source: Bloomberg)

China: Exclusive: China Ready to Cut Rates Again on Fears of Deflation
China’s leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making. (Source: Reuters)

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

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