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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