Weak productivity, a strong currency, and an indebted household sector all threaten to hold back the Canadian economy's growth performance during 2013.
The Cypriot financial sector's holdings of Greek bonds and the large amounts of Russian capital in the financial system make resolving the crisis particularly difficult.
The Bank of Japan is entering into an unprecedented era of expansionary monetary policy since it became it independent entity.
Regardless of the exact contours of the final fiscal cliff deal that is struck, fiscal drag will constrain US growth during 2013.
Despite a strong Canadian dollar that is threatening the viability of its exports, the Canadian economy has displayed remarkable resilience.