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'Fiscal cliff' deal becomes law as new Congress meets
04/01/2013 - USA

'Fiscal cliff' deal becomes law as new Congress meets

US President Barack Obama signed a contentious "fiscal cliff" deal into law Wednesday night as the 113th US Congress convened for its first session on Thursday, set to tackle tough issues including gun control, tax reform and the US debt.
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US economy narrowly avoids fiscal cliff
02/01/2013 - THE WEEK IN THE AMERICAS

US economy narrowly avoids fiscal cliff

Republicans and Democrats battled right up to the last moment but finally struck a last-minute deal to stop the US economy from falling over a cliff. Meanwhile, a home in the United States is now an impossible dream for Russian orphans as President Putin brings in a new law. Finally, the number of Mexicans crossing illegally into the United States drops sharply - we take a look at some of the reasons why.
World markets rally in wake of US fiscal deal
02/01/2013 - USA

World markets rally in wake of US fiscal deal

World markets soared on Wednesday after US legislators passed a fiscal deal that averted spending cuts and tax increases that threatened to push the world’s largest economy over the “fiscal cliff” and back into recession.
US Congress passes deal to avoid 'fiscal cliff' tax hikes
02/01/2013 - USA

US Congress passes deal to avoid 'fiscal cliff' tax hikes

The lower house of the US Congress approved a deal late Tuesday to raise taxes on the wealthiest 2 percent while delaying more than $100 billion in automatic budget cuts as well as tax hikes on all Americans, thereby avoiding the "fiscal cliff".
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Republicans balk at Senate-approved ‘fiscal cliff’ deal
01/01/2013 - USA

Republicans balk at Senate-approved ‘fiscal cliff’ deal

US lawmakers hoping to resolve the so-called “fiscal cliff'' crisis ran into trouble on Tuesday as the Republican-controlled House of Representatives objected to legislation approved by the Senate earlier in the day.
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US Senate passes ‘fiscal cliff’ deal after deadline
01/01/2013 - USA

US Senate passes ‘fiscal cliff’ deal after deadline

The US Senate on Tuesday passed a bill to limit tax hikes and spending cuts, thus averting a budget crisis, just hours after the New Year’s Eve “fiscal cliff” deadline. The House of Representatives must still approve the measure.
Obama says fiscal cliff deal ‘within sight, but not done’
01/01/2013 - US POLITICS

Obama says fiscal cliff deal ‘within sight, but not done’

US President Barack Obama said that a deal over the country’s so-called fiscal cliff was “within sight, but not done” on Monday just hours before a midnight deadline.
'Fiscal cliff' showdown heads into final hours
31/12/2012 - US POLITICS

'Fiscal cliff' showdown heads into final hours

Congress finds itself in the throes of a tense final countdown on Monday, with just hours to reach a deficit reduction deal before widespread tax increases and federal spending cuts go into effect in the new year.
Washington on edge as ‘fiscal cliff’ deadline looms
31/12/2012 - USA

Washington on edge as ‘fiscal cliff’ deadline looms

The US Congress is due to resume eleventh-hour talks on the “fiscal cliff” Monday, having adjourned the night before without a deal. If Democratic and Republican lawmakers fail to reach an agreement, the federal budget will be hit by drastic cuts.
Obama ups pressure on Republicans over fiscal deal
30/12/2012 - USA

Obama ups pressure on Republicans over fiscal deal

US President Barack Obama upped the pressure on Republican leaders to negotiate a last-minute fiscal deal on Sunday, as he blamed them for the failure to find a compromise amid the crisis.
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