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Global Markets Higher As US Congress Averts Financial Crisis

Posted January 2nd, 2013 at 2:45 pm (UTC-5)
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World markets are opening the new year on a high note, after the U.S. Congress reached a deal to avert an early 2013 financial crisis that threatened to send the world’s largest economy into recession. In the U.S., key stock markets all jumped about 2 percent in Wednesday trading. Stocks also surged in Europe, with […]

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Global Markets Higher As US Congress Averts Financial Crisis

Posted January 2nd, 2013 at 10:10 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to avert an early 2013 financial crisis that threatened to send the world’s largest economy into recession. In the U.S., key stock markets all jumped 2 percent or more in the first half hour of trading Wednesday. Stocks also […]

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Global Markets Higher As US Congress Averts Financial Crisis

Posted January 2nd, 2013 at 9:15 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to avert an early 2013 financial crisis that threatened to send the world’s largest economy into recession. Asian stock markets welcomed the development in the first trading of the new year, with Hong Kong jumping 2.9 percent on Wednesday, […]

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Global Markets Higher As US Congress Averts Fiscal Cliff

Posted January 2nd, 2013 at 6:25 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to end the so-called “fiscal cliff” crisis that threatened to send the world’s largest economy into recession. Asian stock markets welcomed the development in the first trading of the new year, with Hong Kong jumping 2.9 percent, Sydney gaining […]

Global Markets Higher As US Congress Averts Fiscal Cliff

Posted January 2nd, 2013 at 6:00 am (UTC-5)
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World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to end the so-called “fiscal cliff” crisis that threatened to send the world’s largest economy into recession. Asian stock markets welcomed the development in the first trading of the new year, with Hong Kong jumping 2.9 percent, Sydney gaining […]

Asian Markets Higher As US Congress Averts Fiscal Cliff

Posted January 2nd, 2013 at 12:35 am (UTC-5)
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Asian markets are responding positively after the United States Congress passed a deal late Tuesday to end the so-called “fiscal cliff” crisis that threatened to plunge the world’s largest economy into recession. Hong Kong was up 1.9 percent, Seoul rose 1.4 percent, and Sydney saw a 1.26 percent gain in trading Wednesday, as the House […]

Obama ‘Modestly Optimistic’ on Last-Minute Fiscal Deal

Posted December 28th, 2012 at 6:30 pm (UTC-5)
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U.S. President Barack Obama says he is “modestly optimistic” that a deal can be reached with Congress to avert a looming set of tax hikes and spending cuts that threaten to plunge the U.S. economy back into recession. Mr. Obama told reporters Friday that Republican Senator Mitch McConnell and Democratic Senator Harry Reid were working […]

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Obama, Congressional Leaders Hold Fiscal Cliff Talks

Posted December 28th, 2012 at 4:50 pm (UTC-5)
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U.S. President Barack Obama held talks Friday with top congressional leaders, in a bid to avert the “fiscal cliff” of automatic tax hikes and federal spending cuts. President Obama met at the White House with the Republican and Democratic leaders in the Senate — Mitch McConnell and Harry Reid, respectively — and House Speaker John […]

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Obama, Congressional Leaders Meet For Fiscal Cliff Talks

Posted December 28th, 2012 at 3:40 pm (UTC-5)
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U.S. President Barack Obama is meeting at the White House with top congressional leaders, in a bid to avert the “fiscal cliff” of automatic tax hikes and federal spending cuts. The president called the meeting with the leadership in the House and Senate days before the changes are set to begin January 1. If there […]

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Obama to Hold Fiscal Cliff Talks with Top Four Congressional Leaders

Posted December 28th, 2012 at 3:55 am (UTC-5)
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U.S. President Barack Obama is holding White House talks Friday with the top four congressional leaders as the deadline for avoiding the “fiscal cliff” fast approaches. Mr. Obama will meet with Democratic and Republican Senate leaders Harry Reid and Mitch McConnell, Republican Speaker of the House John Boehner and Democratic House Minority Leader Nancy Pelosi. […]

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