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Welcome to worldwide exchange. Im kelly evans. These are your headlines from around the world. Chinas economy rebounds into the Fourth Quarter, beating expectations and snapping seven straight quarters of slow growth. The British Government says theres no indication that the hostage crisis is over in algeria as the reports emerge that doesz may have been killed in a rescue operation. Investors are unnerved by big Spending Plans in 2013. Plus, glencore pushes back its mega merger by weeks as the Regulatory Commission begin necessary south africa. Welcome to the program. I want to bring you some breaking news in terms of energy prices. The iea is out with its latest 2013 oil report. It expects u. S. Oil demand to remain flat on the year. But the headline here does appear that the market, according to the iea language here, is tighter than we thought. All of a sudden, the market looks tighter than we thought. Thats the main message were getting from the organization. It says the world for
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