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| | | ... debt reduction plan to avoid the looming fiscal cliff of spending cuts and tax hikes which could send America back into recession. At 0641 AEDT on Tuesday, the December share price index futures contract was up 20 points at 4,399. In economic news on ... |
| | | | ... could see hundreds of billions of dollars in automatic tax hikes and spending cuts tip the world's biggest economy into recession. Heightened tensions in the Middle East undermined sentiment further, traders said. At the close of trading on Friday, London's ... |
| | | | ... about tackling its budget deficit issues, including the pending fiscal cliff. The "cliff" refers to worries about a recession affecting the country if planned tax hikes and spending cuts come into force on January 1, which Republicans and Democrats are ... |
| | | | ... Over U.S. Budget," says Bloomberg. Wall Street blames Europe for its woes. "Shares sell-off as data confirms euro-zone recession," as per the Australian Financial Review. Yes, that cliff and that double-D. But... but, these issues had always been there ... |
| | | | ... open flat after a mixed performance on Wall Street and falls in Europe on news the 17-nation eurozone economy fell into recession in the third quarter as a result of the region's sovereign debt crisis. At 0633 AEDT on Friday, the December share price ... |
| | | | ... cuts that automatically come into force on January 1, and are expected to send the world's largest economy back into recession, if US Republicans and Democrats can't reach a compromise. "What happens there happens here these days," Mr Peacock said. Europe's ... |
| | | | ... debt crisis and a US "fiscal cliff" of spending cuts and tax hikes at year-end which threaten to drag the economy into recession. At 0643 AEDT on Wednesday, the December share price index futures contract was up 25 points at 4,414. In economic news on ... |
| | | | ... for sure which way to jump. Yesterday it began with worries about the cliff, followed by worries about another looming recession in Japan as its economy shrinks at annualised rate of 3.5% in the third quarter, and then uncertainty about China - it's ... |
| | | | ... concerns of political gridlock in Washington with a "fiscal cliff" approaching that could tip the country back into recession. But Chinese data on Friday showing inflation at a new three-year low provided some hope, giving authorities more room to loosen ... |
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