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View article: Nikkei Soars as Yen Sinks to 30-Month Low
Read more here: Glass Half Missing? What About Healthcare Premiums? What’s the Hit to GDP?
More: 60% of Spanish Companies are Losing Money, Social Unrest Evident; Unemployment Rate Drops
Politico notes Obama’s staged event, jokes draw McCain rebuke The crowd was nothing if not adoring. ("Thank you for having us!" Two standing ovations.) And the president did seem in a good mood.
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Obama Deal Adds $3.97 Trillion to Deficit Over 10 Years; Only 5 Republicans Voted Against; White-Flag Surrender For all the pissing and moaning over the fiscal cliff, there was never much of a "cliff" in the first place. Worse yet, every delay made matters increasing irresponsible in terms of addressing the deficit. The final result, as passed by the Senate, watered down budget cuts from $600 billion to a mere $12 billion