South Korea 3Q GDP Grew by 3.2%

The video discusses the economic headlines for December 4th, focusing on South Korea's GDP growth, the Russian ruble's decline due to sanctions and oil price drops, and Europe's economic stagnation. South Korea's economy grew by 0.9% from the previous quarter, with plans to boost private investment. The Russian ruble has lost 40% of its value, with traders hedging against further declines. Europe faces near stagnation, with the ECB's final monetary policy decision of the year pending.

What is the current economic situation in Europe as indicated by the data?

What is the pressure on the ECB regarding new stimulus measures?