The appointment of Jacob Lew as US Treasury secretary is very likely. He will take over from Timothy Geithner and will immediately have to deal with the debt-ceiling dossier, inherited by the White House after the timid agreement on the fiscal cliff at the beginning of the year.
To solve the problem of extending lilite to public debt, Obama could resort to a trick: a law that gives the option to issue platinum coins in the preferred denomination - Technically, therefore, the US Treasury could tell the mint to…
With 257 votes in favor and 164 against, US deputies give the definitive go-ahead for the measure to avoid the abyss - Obama warns the Republicans that he is not willing to negotiate the conditions for an increase in the ceiling…
Now that the US House has also approved the measures already approved by the Senate to avoid the 'fiscal cliff', the Asian markets are celebrating - Beijing and Tokyo closed for celebrations.
Yes of the Senate to the law to avoid the "tax cliff", the vote in the House within 24 hours - The agreement plans to raise taxes only for those who earn over 450 thousand dollars a year - Spending cuts are postponed…
Democrats and Republicans have until midnight to find an agreement that will defuse the bomb of the "fiscal cliff", a mix of spending cuts and tax increases that will be triggered automatically in January, dragging the US GDP of…
The US president rushed back from vacation to unravel the case of the "fiscal abyss", which worries the markets a lot: in the event of no agreement with the Republicans on taxes and cuts in public spending, these will…
