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The Week In Numbers: Another Greek Tragedy

Greece is on the brink of another debt crisis again. The country’s national debt burden, which stands at €393b, is around 175% of its economy. The country was plunged into political chaos when it failed to elect a new president. It now faces a snap election on 25 January, with the radical anti-austerity Syriza party ahead in opinion polls.

The cost of living in Russia is expected to top 11.4% in 2014. The jump in inflation has been caused by the plunging value of the rouble, which has pushed up prices. Food prices have climbed by as much as 15.4% during the year, while the price of non-food products has risen by 8%. Elsewhere, services charges have gone up by 10.5%.

Sony has raked in as much as US$18m in online rental and sales from its movie, The Interview. The controversial movie, which reportedly drew the ire of North Korea leader, Kim Jong-Un, earned over US$1m on its opening day, when its release was limited to about 300 independent theatres. It went on to earn US$15m in four days to become Son Picture’s highest-grossing online release.

The Singapore economy grew a modest 2.8% 2014.The slower growth was blamed on a faltering global economy, specifically China and Japan. Next year, when Singapore turns 50, the economy is expected to grow between 2% and 4%.

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The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore Director David Kuo doesn’t own shares in any companies mentioned.