TODAY’S TOP ARTICLES – 23 DEC 2014

Russia: Russia Tells State Exporters to Sell Forex Revenues to Help Ruble: Paper
Russian Prime Minister Dmitry Medvedev has signed an order obliging the country’s largest state exporters to sell part of their foreign currency revenues to help stabilise the rouble, Kommersant daily newspaper said on Tuesday, citing sources. (Source: CNBC)

Global: Oil Rises as Investors Weigh U.S. Supplies Against OPEC Strategy
Oil prices have picked up for the second time in three days on expectations that U.S crude inventories will decline and signs that Iraq is joining OPEC in defending market share. (Source: Bloomberg)

Greece: Gov’t Seeks Better Result in Second Presidential Vote as Bribe Claim Probe Shelved
With all political parties now actively preparing for the prospect of snap elections, MPs are to vote in the second ballot of a critical three-phase presidential vote at noon on Tuesday. (Source: ekathimerini).

United States: U.S. Existing Home Sales Hit Six-Month Low, Inventories Low
U.S. home resales tumbled to a six-month low in November after two straight months of strong increases, underscoring the uneven nature of the housing market recovery. (Source: Reuters)

Nicaragua: Nicaragua Launches Construction of Inter-Oceanic Canal
Nicaragua has announced the start of work on a new canal linking the Atlantic and Pacific Oceans. (Source: BBC)

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

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