Santa's Naughty Spreadsheet

It was a short week in the business world with Christmas bringing Santa and his naughty list to town.

As the price of oil drops there has been a major impact on many of the large oil producers including Saudi Arabia which saw an increase in the budget deficit. But it was Russia which took the biggest knock thanks to the oil price and the impact of sanctions with it's currency the Rouble suffering initially only to stabilize and see inflation rise dramatically.

On the tax front Israel's Bank Leumi settled it's US tax charges and paid $400million along with handing over the details of it's clients but it was the Mississippi physician who was sentenced to 6 years after trying to scam the IRS by funneling his earning through a church that gets the biggest lump of coal.

After recent hacks there is the possibility of a sale of Sony studios along with it's Music Publishing Division and, speaking of dirty laundry, Uber has now been charged by South Korea for violating transportation law, just add that to the list of other legal action it's facing.

Finally, Target is facing a lawsuit from angry customers after the hacking incident last year while TripAdvisor has been fined $600,000 for false reviews by Italy's antitrust authority.