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 was the GDP growth rate for South Korea in the third quarter compared to the previous year?

• 4.0%

• 0.9%

• 3.2%

• 2.5%

What measures is South Korea planning to implement to boost its economy?

• Reduce government spending

• Increase interest rates

• Increase taxes

• Encourage private sector investment

By what percentage has the Russian ruble lost its value this year?

• 20%

• 30%

• 40%

• 50%

What is one of the main reasons for Russia's economic downturn?

• Increase in oil prices

• Western sanctions

• Growth in exports

• Decrease in foreign investments

What economic challenge is Europe facing according to the data?

• Trade surplus

• High unemployment

• Near stagnation

• Rapid inflation