International Finance – Recent Developments

Goldman Sachs predicts oil hitting $20 a barrel

http://www.cnbc.com/2015/12/17/goldman-sachs-expects-oil-prices-to-fall-further-as-opec-stands-pat.html

Ukraine defaults on some of its debt obligations

http://www.bloomberg.com/news/articles/2015-12-18/ukraine-defaults-on-3-billion-russia-bond-as-court-battle-looms

Brazil – Finance minister is replaced

http://www.bloomberg.com/news/articles/2015-12-18/brazil-finance-minister-levy-said-to-be-replaced-by-barbosa

South Africa – Three finance ministers in one week

http://www.economist.com/news/middle-east-and-africa/21684043-investors-are-hoping-south-africas-latest-finance-minister-can-steady-ship-south

BOJ fine tunes its on-going QE program

http://www.economist.com/news/finance-economics/21684516-central-bank-joins-effort-get-japanese-companies-spend-their-cash