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Japan’s industrial output contracted in November and partially reversed the previous month’s gain, while retail sales slowed sharply as increasing global risks drag on demand and threaten the country’s export-reliant economy. Source: Reuters
Earnings at China’s industrial firms in November dropped for the first time in nearly three years, as slackening external and domestic demand left businesses facing more strain in 2019 in a sign of rising risks to the world’s second-largest economy. Source: Reuters
President Recep Tayyip Erdoğan urged Muslim countries to use their national currencies in order to liberate the countries from the burden of exchange rates. Source: Hürriyet Daily News
