Prospects for the global economy in the fourth quarter

Growth divide damages world trade and heightens tensions over monetary policy and currency trends

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Slow Peru growth will still outdo regional neighbours

Elections and low commodity prices are likely to delay a strong recovery after a weak 2014

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CEE currencies and government debt markets should remain relatively insensitive to investor anxiety about China

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Sudden collapse of export revenues is pushing economy into recession, with potentially damaging fiscal consequences

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Russian economic policy-making is in disarray as pressures mount; Putin's role is growing as disputes grow

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International misgivings will not stop controversial bank supervision legislation

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Turkish asset prices will decline sharply, as central bank keeps rates steady despite lira's fall

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While fiscal reform is likely, political disagreements may see it significantly watered down

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Barring another internal crisis, the greatest risk to euro-area growth is from weak world GDP and trade

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The governing Christian Democrats' split over Greece shows that euro-area leadership carries discomforts for Germany

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