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NZ dollar falls as fiscal cliff looms

The New Zealand dollar fell from a nine-month high amid concerns politicians in Washington are making no progress in talks to avert the fiscal cliff, countering the impetus growth assets got from the Federal Reserve’s further quantitative easing and weighing on stocks. The kiwi dollar fell to 84.23 US cents from 84.40 cents at 5pm in Wellington yesterday. The trade-weighted …

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While you were sleeping Fiscal cliff looming larger

Wall Street declined as US House Speaker John Boehner renewed concern about the lack of progress in talks aimed at preventing US$600 billion in tax increases and spending cuts taking effect on January 1. “Unfortunately, the White House is so unserious about cutting spending that it appears willing to slow-walk our economy right up to the ‘fiscal cliff,'” Boehner told a …

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“As transparent a way as possible” – US Head TPP Negotiator

Chief US Negotiator Barbara Weisel confronted charges that the TPP negotiations are not transparent during Wednesday’s TPP press conference. write my paper “We all have done as much as we can to meet with the stakeholders and this includes not just meetings at the round, but regularly in our own capitals to try to ensure that the agreement we have achieved responds …

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