With the U.S. presidential election history, attention is again focusing on the global marketplace – from rate cuts to rising unemployment to dropping oil prices.

We’re tracking coverage by the Associated Press, the BBC, Reuters, Sky News and the St. Petersburg Times in Russia.

Let’s start with the Associated Press.

It reports the market is being impacted by future uncertainty as well as other factors…

“I think it started profit taking from yesterday’s very strong and then it got accelerated as we have weaker than expected ADP payroll data as well as the institute for supply management survey indicating this economy is a lot weaker than people expected.” (AP)

In Britain, the Bank of England cut interest rates to 3 percent.

The BBC says the dramatic one and a half percentage point cut takes rates to their lowest level since 1955.

The European Central Bank also has lowered its euro zone interest rates to 3.25 percent in an attempt to prevent a recession. Switzerland cut its interest rates by a half percentage point, the second cut in a month.

The BBC quoted a Fulbright securities analyst in Hong Kong, saying:

“Despite the world euphoria over the election, the world's economy hasn't changed." (BBC)

In Australia, Sky News reports the unemployment rate is higher than the government had anticipated.

“The Federal government said that jobless rate will rise more than it had anticipated as the global financial crisis and economic downturn take their toll…” (Sky News Australia)

Reuters reports Oil slipped further below $64 a barrel on Thursday, deepening fears of a demand-crushing global recession.

Reuters quoted Venezuela's President Hugo Chavez saying he “will seek to tough out the recent slump in oil prices despite slower world economic growth.” (Reuters)

Russia’s St. Petersburg Times also finds a Kremlin economic adviser showing his confidence.

“We aren’t afraid of the falling oil price… We will be able to compensate losses from our reserves.” (The St. Petersburg Times)

 How do you think how the world economy will perform at the post US election period? How individual countries should react to tackle the challenge? We invite you to check out our sources on Newsy.com and share your opinion.