New Overnight Developments Abroad - Daily Update
Focus Returns to Fiscal Cliff Negotiations
December 27, 2012
European markets reopened after the Christmas recess. Obama is back from Hawaii, and Congress resumes fiscal cliff talks today. There’s no hope of a “grand bargain.” Analysts are instead looking for some kind of short-term truce to buy time in January, but so far, neither House Republicans nor the Democrats show a predisposition to compromise […] More
