Headlines discussed at LNWM’s Monday morning briefing:

— U.S. restrictions on trade and travel to Cuba will be relaxed, starting January 2015.

— The FBI said North Korea is behind the massive cyber attack against Sony Pictures.

— Russia raised its key interest rate to 17% in a failed attempt to support its currency.

— Venezuelan bonds are down 36% in December, on lower prices for oil (95% of the country’s exports).

— China’s revised its 2013 GDP numbers upward, boosting the size of its economy by 3.4% ($310 billion).

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