- The Obama administration killed the idea of minting platinum coins in the denomination of 1 trillion U.S. dollars to generate revenue and avoid the looming battle with Republicans on raising the federal government's debt ceiling
- Arlan Suderman: Global corn stocks down to 48.8-day supply and trending lower - tightest in 39 years.
- U.S. Domestic corn stocks at a 19.5-day supply - 2nd tightest of the past 50 years
- The Japanese cabinet approved a stimulus package worth 20 trillion yen (about 224 billion U.S. dollars), aiming to shore up Japan's current stagnant economy by beating chronic deflation and tackling the strong yen.
- S. Korean central bank cuts 2013 growth outlook to 2.8 %
- China's consumer price index (CPI) rose 2.5% YoY in December.
- China's producer price index (PPI), which measures inflation at wholesale level, fell 1.9 % YoY in December.
- ECB holds key interest rate at 0.75%
- Almost 200,000 New Zealanders are considering leaving the country to find work abroad, according to the results of a survey
- Spanish unemployment rate reaches 26.6% in November
- Greece's unemployment rate climbed to a record 26.8% in October.
- (FT) Chinese exports and imports rebounded strongly in December, pointing to solid economic growth both in China and abroad. Exports rose 14.1 per cent YoY, the fastest in seven months and well above November’s 2.9 per cent pace. Imports increased 6 % in December from a year earlier after flatlining in November. Both outstripped most forecasts.
- (Bloomberg) Steve and Amber Mostyn, wealthy Texas trial attorneys, said today that they are giving $1 million to help start the gun-control advocacy group formed by former Arizona Representative Gabrielle Giffords and her husband, astronaut Mark Kelly.
- Companies in the S&P 500 are sitting on a record cash pile of $1 trillion according to data from S&P Dow Jones indices.
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