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It isn't only oil exporting countries and emerging markets such as Venezuela and Russia that are feeling the pinch of dropping oil prices.
It was a mixed bag in the US, however, as fears of an oil glut continued.
Germany says Greece is not doing enough to secure its borders amid a continuing refugee crisis.
... 2016 is going to be even more rousing as many conflicts peak and global economic policies play out.
Baghdad and Washington are now looking to move against the Islamic State in Mosul, Iraq's second largest city.
Ending on a bleak note this year, low oil prices are likely to continue well into 2016.
Boko Haram continues to target mosques and marketplaces to kill as many as it can.
Despite slowing growth, China is on the move consolidating its position as a global economic power.
There has been little change in the unemployment rate which continues to register at five per cent.
