MercoPress, en Español

Montevideo, March 23rd 2019 - 16:51 UTC

Markets rally on fiscal cliff agreement but a second chapter waits in February

Wednesday, January 2nd 2013 - 23:39 UTC
Full article 8 comments

Global stock markets have rallied after a short-term deal to stave off the US “fiscal cliff” was reached. In New York, the Dow Jones closed up 2.4%, while European shares were up about 2% for the day. Read full article


Disclaimer & comment rules
  • Anglotino

    The US government seems to only work when it is in crisis mode.

    The simple fact is that higher earners can and should pay more tax.

    Jan 03rd, 2013 - 12:32 am - Link - Report abuse 0
  • Rufus

    Agreed, roll on Fiscal Cliff 2 in a couple of months time.

    Presumably with Son of Fiscal Cliff and Revenge of the Cliff in four and six months respectively. Is it any wonder that the credit rating agencies view the US as unstable when it's this prone to almost dissapear up it's own backside only to reach a last-minute solution that has a two month lifespan.

    Jan 03rd, 2013 - 10:02 am - Link - Report abuse 0
  • Condorito

    I read that George Lucas is already planning an epic opera franchise:

    A New Cliff
    Cliff Strikes Back
    Return of the Cliff
    The Phantom Cliff
    Attack of the Cliff
    Revenge of the Cliff
    The Cliff Wars

    Jan 03rd, 2013 - 02:30 pm - Link - Report abuse 0
  • Anglotino


    May the cliff be with you Condorito!

    Jan 03rd, 2013 - 02:40 pm - Link - Report abuse 0
  • Condorito


    Jan 03rd, 2013 - 04:22 pm - Link - Report abuse 0
  • LightThink

    US is finished !

    Jan 03rd, 2013 - 06:48 pm - Link - Report abuse 0
  • Rufus

    I don't know about finished, but I do wish the US would stop pissing on it's own cornflakes and catching everyone else in the backsplash.

    Jan 03rd, 2013 - 08:39 pm - Link - Report abuse 0
  • British_Kirchnerist

    #3 The founder of the British SWP (thats the Trotskyist group that thinks Cristina, George Galloway, even Castro and Chavez are too right wing!) was called Cliff =)

    Jan 08th, 2013 - 12:50 am - Link - Report abuse 0

Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!