"This night, Ukrainians unilaterally shut down three pipelines through which Russian gas went to Europe," Alexander Medvedev, deputy chief executive of Gazprom, told CNBC Tuesday. He also accused Ukraine of stealing gas.

As global inflation eases, Stephen Gallo from Schneider Foreign Exchange remains worried about the dollar for 2009 and 2010. He also sees global export-growth being over. "The United States driving world growth through imports is over," Gallo added.

Fitch Ratings put Honda on watch for a possible ratings downgrade Tuesday, after Toyota said it would suspend production further amid the economic downturn. Seijiro Takeshita from Mizuho International discusses the Japanese automotive industry.

"This night, Ukrainians unilaterally shut down three pipelines through which Russian gas went to Europe," Alexander Medvedev, deputy chief executive of Gazprom, told CNBC Tuesday. He also accused Ukraine of stealing gas.

Iceland was the biggest emerging market causality of 2008, but could another country run into similar problems in 2009? Arnab Das from Dresdner Kleinwort considers the outlook.

The private equity industry has been through a tough year in 2008 as the availability of credit has all but dried up. Patrick Dunne, director of 3i, spoke to CNBC about the outlook.