Deadlock in Washington discussions on debt and spending jeopardises deal being reached before 1 January deadline Fears that the US would fall over its looming fiscal cliff sent stock markets reeling and oil prices dropping on Friday as investors feared the political deadlock in Washington would drag down global growth. With House members having left Washington on Thursday night for Christmas and Senate members scheduled to leave on Friday afternoon, the prospect of a deal before the 1 January de...
Deadlock in Washington discussions on debt and spending jeopardises deal being reached before 1 January deadline Fears that the US would fall over its looming fiscal cliff sent stock markets reeling and oil prices dropping on Friday as investors feared the political deadlock in Washington would drag down global growth. With House members having left Washington on Thursday night for Christmas and Senate members scheduled to leave on Friday afternoon, the prospect of a deal before the 1 January de...
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