Markets  |  December 19, 2012 16:39:24

News from USA Frustrated by the inability to persuade Barack Obama to come to a compromise with the Republicans' plan B ". They have gone through the legislative process, his own tax proposal, which would increase taxes Americans with annual incomes over $ 1 million. Would be managed to avoid automatic tax increases and humiliation expenses in the amount of $ 600 billion, which occurs in January.
Democrats do not expect Republican proposal passed the Senate, where they have a majority. Obama's latest proposal is to increase the tax burden on Americans who earn more per year than $ 400 000.
"Plan B" has probably changed attitude Democrats, but the Republicans will be able to collect political body.V case of failure of negotiations on the fiscal cliff can talk on your bill and say that did our best to avoid the worst.
"Why not to propose solutions, which most Americans think President Obama wants and which protects against raising taxes," said Rep. Pat Tiberi today.
"It's not our problem if the proposal does not pass through the senate, we can not answer for the Senate," said Tiberi.
After major concessions in recent days from both sides of the Republicans feel powerless and claim that President Obama stopped constructive act.
White House to report on "Plan B" does not react. Spokesman defended the White House with the president that in the last days clearly demonstrated its desire to negotiate.
World shares together with the Euro is doing today, reached their highest levels since September. Investors moved out of bonds and gold to a safer place.
The number of new building permits in the U.S.
The number of building permits rising fastest in the last 4 and a half years and showed the strength of the construction sector. Commercial Department today released data on annual growth of 3.6 percent to a total of 899 000th
The construction sector is the second this week finally received a positive report, published yesterday was living index, which reached 47 and so better off by 2 points compared to the previous month.
Growth in construction is another sign of recovery in the U.S. economy from the devastating storms Sandy. Experts agree that the construction sector will have a positive impact on GDP and supporting the overall result.
Eurodollars are still facing resistance 1.3282. You are currently moving in a strong bull trend, which has the power to walk up to 1.3400. The graph shows a steep trend line, from which the price slightly receded. It is possible that we will see the short rate correction and is reflected back from the line.

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