Headlines discussed at LNWM’s Monday morning briefing:
— U.S. restrictions on trade and travel to Cuba will be relaxed, starting January 2015.
— 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).
Disclaimer: Clicking on any of the above links will take you away from the Laird Norton Wealth Management web page and to the source page. While we believe the information in these articles is relevant, we cannot guarantee its accuracy or completeness.