US supercommittee officially announces failure

Source: BBC
© Scanpix/AFP

US supercommittee, created to decrease the deficit by $1.2 trln, announced the cease of its activities as it was not possible to reach a consensus in bipartisan system. The result implies automatic reductions of the deficit starting from 2013. The US national debt has already achieved a mark of $15 trln recently. Nevertheless, the government believes it will be able to resolve the difficulties in the country.

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.