Saudi Arabia: Saudi Arabia Says Won’t Cut Oil Output
Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world’s top petroleum exporter plans to ride out the market’s biggest slump in years. (Source: Reuters)
Tunisia: Tunisia Election: Marzouki Refuses to Admit Defeat
Moncef Marzouki has refused to admit defeat in Tunisia’s first free presidential election after exit polls suggested Beji Caid Essebsi had won. (Source: BBC)
Japan: What Abenomics’ Latest Win Means for Investors
A landslide victory for the Liberal Democratic Party (LDP) in Japan’s Dec. 14 snap election provided Prime Minister Shinzo Abe with a popular mandate to continue fiscal stimulus and the political power he needs to continue his reflationary policies. (Source: Bloomberg)
Greece: Greek PM Offers Compromise Solution with Elections by End-2015
Prime Minister Antonis Samaras on Sunday presented a compromise solution to end a political stalemate that looks likely to send Greece to early general elections in about a month’s time. (Source: ekathimerini).
Argentina: Argentina Could Begin ‘Normalizing’ its Currency Market -Central Bank
Argentina’s central bank chief, Alejandro Vanoli, said on Friday that the government would look to begin gradually “normalizing” its currency exchange market in 2015. (Source: Reuters).