US Fed will struggle to raise rates much in 2016

The current rate-hiking cycle will be different to past rounds

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Default signals further slide for Puerto Rico in 2016

Puerto Rico's second default accelerates the island's financial and social crisis

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Athens is fast running out of options, caught between protecting poor pensioners and pension funds running out of cash

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With low oil prices and contracting exports, the country's external sector faces major challenges in 2016

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The latest plan to address the country's infrastructure backlog follows a string of failed attempts

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Despite a few bright spots in the north of the region, South America will again drag down growth prospects next year

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After years of commodities-driven growth, Canada faces stiff economic headwinds

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An NPL overhang will crimp credit growth in Emerging Europe

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Relations remain poor and Minsk 2.0 process is not implemented; Russia remains resolute in support of separatists

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Deadlock at the Constitutional Tribunal, which oversees legislation, could delay implementing PiS's election programme

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