Saturday
February 9, 2013
Results for: fiscal cliff

  • 15/01/2013 | World

    Global shares slip, bonds gain on US debt ceiling fears

    World equity markets slipped and safe-haven US Treasury debt rose today as a looming battle in Washington over the government's borrowing limit and a recovery in the yen weakened demand for riskier assets.

  • 23/01/2013 | World

    US Congress passes Republican plan to extend debt limit

    The US House of Representatives today passed an extension of borrowing authority under the federal debt limit to May 19, putting the Republican plan on a fast track to enactment after top Senate Democrats endorsed it.

  • 01/01/2013 | World

    US 'fiscal cliff' crisis heads to resolution in Congress

    A months-long battle over the US "fiscal cliff" headed to a close today as the House of Representatives moved toward final approval of a bipartisan deal meant to prevent Washington from pushing the world's biggest economy into recession.

  • 02/01/2013 | World

    US House passes 'fiscal cliff' deal

    The United States averted economic calamity when lawmakers approved a deal to prevent huge tax hikes and spending cuts that would have pushed the world's largest economy off a "fiscal cliff" and into recession.

  • 05/01/2013 | World

    Obama says US can't afford more showdowns over debt, deficits

    Fresh from the long legislative fight to prevent a "fiscal cliff" of tax hikes and spending cuts, President Barack Obama warned on Saturday that the United States could not afford further budget showdowns this year or in the future.

  • 28/12/2012 | World

    Obama: 'modestly optimistic' fiscal cliff deal can be reached

    US President Barack Obama held out hope for a last-minute agreement to avoid the "fiscal cliff" of tax increases and spending cuts after a meeting with congressional leaders, scolding Congress for leaving the problem unresolved until the eleventh hour.

  • 29/12/2012 | World

    US Senate leaders work to avoid New Year's 'fiscal cliff'

    Congressional negotiators burrowed into their Capitol offices to see if they can stop the US economy from falling off of a "fiscal cliff" in just three days when the biggest tax increases ever to hit Americans in one shot are scheduled to begi

  • 01/01/2013 | World

    US Senate approves 'fiscal cliff' deal, crisis eased

    The Senate moved the US economy back from the edge of a "fiscal cliff" , voting to avoid imminent tax hikes and spending cuts in a bipartisan deal that could still face stiff challenges in the House of Representatives.

  • 20/12/2012 | World

    Boehner abandons fiscal cliff plan as Republicans defect

    US House of Representatives Speaker John Boehner faced an embarrassing setback today when he failed to unite his Republican lawmakers behind an effort designed to extract concessions from President Barack Obama in year-end "fiscal cliff" talks.

  • 27/12/2012 | World

    Global shares drop on US budget worries

    US stocks fell for a fourth day today, but recovered most of their losses after the House of Representatives, in the barest sign of progress, said it would come back to work on avoiding the "fiscal cliff" this weekend. Meanwhile, European shares ended flat.

  • 27/12/2012 | World

    US lawmakers, Obama in last chance talks on 'fiscal cliff'

    US President Barack Obama and lawmakers are launching a last chance round of budget talks just days before a New Year's deadline to reach a deal or watch the economy go off a "fiscal cliff."

  • 08/12/2012 | World

    Obama ready to work with Republicans to avoid 'fiscal cliff'

    President Barack Obama, accused by Republican House Speaker John Boehner of pushing the country toward the "fiscal cliff," said he was ready to work with congressional Republicans.

  • 10/12/2012 | World

    US 'fiscal cliff' talks fail to reach common ground

    The White House and House of Representatives Speaker John Boehner's office held more negotiations today on ways to break the "fiscal cliff" stalemate, although neither side showed any public signs that they were ready to give ground.

  • 17/12/2012 | World

    Boehner and Obama conclude latest fiscal talks, no word of progress

    US President Barack Obama and Speaker of the House of Representatives John Boehner met at White House for about 45 minutes today, but there was no word of any progress in their bid to avert the looming "fiscal cliff," an aide said.

  • 12/11/2012 | World

    US Congress comes back to confront 'fiscal cliff'

    Amid a global fright over Washington's political brinkmanship, US lawmakers return to the capital tomorrow with a seven-week deadline to reach agreement on scheduled tax hikes and budget cuts that threaten to trigger another recession.

  • 20/11/2012 | World

    Budget fight threatens US recession, Bernanke says

    Federal Reserve Chairman Ben Bernanke said today that 2013 could be a "very good year" for the US economy if politicians can strike a quick deal to avoid the so-called fiscal cliff.

  • 28/11/2012 | World

    Obama takes 'fiscal cliff' battle to Twitter

    US President Barack Obama opened a new front in the battle between Democrats and Republicans over the best way to avoid the year-end "fiscal cliff" - Twitter.

  • 05/11/2012 | World

    G20 seeks more wiggle room on austerity pledges

    The world's leading economies gave themselves a bit more wiggle room to meet targets for cutting budget deficits rather than risk worsening a slowdown in many countries, chief among them the United States.

  • 07/11/2012 | World

    Fitch threatens to downgrade Obama's US

    In the midst of the honeymoon of the reelection of US President Barack Obama, Fitch Ratings agency called the newly appointed head of state to quickly "secure agreement on avoiding the 'fiscal cliff' and raising the debt ceiling," to retain its "AAA" status.

  • 09/11/2012 | World

    Obama plans 'fiscal cliff' statement

    President Barack Obama will join the battle over the US "fiscal cliff" today for the first time since voters gave him a second term in office.


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