Saudi Arabia can sustain high spending in medium term

After 15 years of high oil prices, the kingdom's 2015 budget reflects a new period of lower revenues

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The ECB will defy Germany in launching QE

The ECB is likely to unveil a sovereign bond purchase programme on January 22 -- though details remain murky

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The new US attorney general will retain the 'Holder doctrine' approach to financial law enforcement

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US pension funds risk over reliance on alternative investment strategies

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Russia poses the greatest threat to Emerging Europe's financial markets since the Fed's decision to begin 'tapering' QE

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SOE equitisation will not gain significant pace without a change in executive thinking

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Slowdown in euro-area and crisis in Ukraine provide headwinds but Poland's economy is proving remarkably resilient

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Recession is near certain in 2015, but it is unlikely to exceed the contraction of 2008-09

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Declines in oil prices will affect the United States and its 'shale revolution' -- though less than expected

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Research in the aftermath of the financial crisis suggests that a focus on economic history could improve crisis models

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