A round-up of the key stories across the specialist financial media, including news that Greece's economy has shrunk by 7%
Greece’s economy shrinks by 7%
Greece’s recession worsened at the end of last year, new figures showed on Tuesday, adding to the pressure on a government caught between riots at home and pressure from eurozone leaders to force through deep spending cuts in exchange for a fresh €130 billion bailout.
US stock-market futures edged higher on Tuesday, as investors mulled upbeat economic indicators out of Europe, along with a crop of sovereign rating and outlook downgrades, and awaited earnings and retail-sales data.
Brazilian retail sales rise more than expected as consumer-goods tax falls
Brazilian retail sales rose more than analysts expected in December, adding to evidence that Latin America’s biggest economy rebounded from a contraction in the third quarter.
Latvia's prime minister said he expects his country to borrow less than a previously forecast $1 billion this year, as the country seeks to limit the economic impact of a rise in the cost of credit triggered by the European debt crisis.
