World Week Ahead Fiscal, economic challenges

Sun, 02 Dec 2012

By Margreet Dietz Dec. 3 (BusinessDesk) – The agonisingly slow rate of progress in talks to avoid the fiscal cliff in the US with now less than a month to reach an agreement will remain the key focus for investors this holiday season. Progress is difficult to discern, if not absent at this point. Last week President Barack Obama warned of “prolonged negotiations”, while House of Representatives Speaker John Boehner declared “a stalemate”, saying the White House needed to get serious. The importance of preventing a fresh setback to the Am...

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