![US Congress finally averts fiscal cliff US Congress finally averts fiscal cliff](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2013-01/51357084631_120x90.jpg)
US Congress finally averts fiscal cliff
After bitter New Year brinksmanship, the US Congress finally backed a deal to avert a "fiscal cliff" of tax hikes and massive spending cuts that had threatened to unleash economic calamity.
Wed Jan 02 2013
Fiscal deal pushes Congress near dysfunction cliff
US lawmakers gave themselves a New Year's resolution of sorts, but it was nearly a lump of coal: a "fiscal cliff" bill that few like, and which highlights the dysfunction gripping Washington
Wed Jan 02 2013
![Fate of US 'fiscal cliff' deal hangs in the balance Fate of US 'fiscal cliff' deal hangs in the balance](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2013-01/51357084631_120x90.jpg)
Fate of US 'fiscal cliff' deal hangs in the balance
The Republicans are angry the pact raises taxes on the rich and yet does nothing to cut spending on social programs that swell the deficit.
Tue Jan 01 2013
![US Senate approves deal on 'fiscal cliff' crisis US Senate approves deal on 'fiscal cliff' crisis](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2013-01/61357028805_295x200.jpg)
US Senate approves deal on 'fiscal cliff' crisis
The White House and top Republicans struck a dramatic deal to avert huge New Year tax hikes and postpone automatic spending cuts that had threatened to send the US economy into recession.
Tue Jan 01 2013
![US Senate leaders to start wrangling over fiscal deal US Senate leaders to start wrangling over fiscal deal](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2012-12/61356773368_295x200.jpg)
US Senate leaders to start wrangling over fiscal deal
The search for an elusive fiscal deal aimed at avoiding blanket tax hikes and drastic spending cuts was in the hands of US Senate leaders Saturday.
Sat Dec 29 2012
![Obama returns as fiscal cliff battle heats up Obama returns as fiscal cliff battle heats up](https://resizer-awani.eco.astro.com.my/tr:w-177,h-100,q-100,f-auto/http://img.astroawani.com/2012-11/71352254271_120x90.jpg)
Obama returns as fiscal cliff battle heats up
US President Barack Obama rushed back to Washington on Thursday in a last ditch bid to halt America's slide over the "fiscal cliff".
Thu Dec 27 2012
Crude prices rise in Asia on US fiscal hopes
Oil prices rose in Asia Tuesday, with hopes rising of a US deal to avert the fiscal cliff after a meeting between President Barack Obama and top Republican lawmaker John Boehner, analysts said.
Tue Dec 18 2012
Asia shares gain, unmoved by N.Korea rocket
Asian markers rose on Wednesday as dealers welcomed signs of progress in US fiscal cliff talks and upbeat data from Germany and Spain.
Wed Dec 12 2012
Asia stocks fall as talks on US budget deal stall
Asian stocks tumbled Thursday as hopes began to fade for a quick agreement among US leaders to avoid a "fiscal cliff" that could derail the world's biggest economy.
Thu Nov 15 2012