Markets Surge, New Crisis Looms after Partial ‘Fiscal Cliff’ Deal

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World markets greeted 2013 on a high note Wednesday after the U.S. Congress and President Barack Obama reached a last-minute deal to avert a financial crisis that analysts say could have sent the United States into a recession.  But experts say a potential crisis in the world’s largest economy has yet to be resolved.

Late Tuesday, the U.S. House of Representatives approved a partial deal to avert more than $500 billion in spending cuts and tax increases.  In the United States, key …

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