TODAY’S TOP ARTICLES – 23 JAN 2015

Thailand: Former Thai PM Yingluck Shinawatra impeached over rice policy
Thailand’s legislators have voted to impeach former prime minister Yingluck Shinawatra and ban her from politics for five years. (Source: BBC)

Russia: Rouble strengthens
The rouble appreciated on Friday, driven by an increase in oil prices, expectations that foreign investors will be attracted by high Russian interest rates and that exporters will soon convert hard currency into roubles. (Source: CNBC)

Europe: Mario Draghi announces €1.1 trillion quantitative easing programme
European Central Bank (ECB) president Mario Draghi unveiled bigger-than-expected quantitative easing measures on Thursday but still faced a fierce fight from Germany over any policy that could mutualise debt in the Eurozone. (Source: Telegraph)

Brazil: Brazil’s worst drought in history prompts rationing warning
More than four million people have been affected by rationing and rolling power cuts as this tropical nation discovers it can no longer rely on once abundant water supplies in a period of rising temperatures and diminishing rainfall. (Source: Guardian)

Saudi Arabia: King Abdullah of Saudi Arabia dead at 90, half-brother succeeds him
King Abdullah of Saudi Arabia, the powerful U.S. ally who joined Washington’s fight against Al Qaeda and sought to modernize the ultraconservative Muslim kingdom has died at 90, according to Saudi state TV. (Source: FOX News).

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

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