China: Why OPEC’s Pain is China’s Gain
The collapse in oil prices couldn’t be better timed for China’s slackening economy, providing additional room for monetary easing and a boost to domestic consumption, say economists. (Source: CNBC)

Eurozone: ECB Cuts Eurozone Growth Forecasts and Fails to Deliver QE for Christmas
The European Central Bank has cut its growth forecasts for the eurozone, piling on the gloom even as it failed to deliver an early Christmas present in the form of more stimulus. (Source: The Guardian)

Taiwan: Taiwan Reappoints Most of Cabinet in Post-Poll Reshuffle
Taiwan put most of its cabinet ministers back to work in a minimal government reshuffle on Friday following a weekend election that trounced the ruling party, prompting the premier to quit and President Ma Ying-jeou to step down as party chief. (Source: Reuters)

Sweden: Swedish PM Sees Chance of Broad Cooperation after March Vote
Swedish Prime Minister Stefan Lofven said on Thursday he expected the country’s mainstream parties to be able to cooperate to exclude the far right after a snap election in March if no bloc wins a majority. (Source: Reuters).

Germany: German Factory Orders Beat Forecast in Sign Economy Recovering
German factory orders rose more than forecast in October in a sign Europe’s largest economy is continuing its recovery from a mid-year dip. (Source: Bloomberg)

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