The US has averted a recession for now: Surya Gangadharan Barack Obama on Tuesday signed into law a landmark bill that allows a rare tax increase that will hit the nation's wealthiest households in a bipartisan budget deal that stops the world's largest economy from falling into a deep fiscal crisis and recession. CNN-IBN's Surya Gangadharan joined IBNLive readers for an interaction over the deal. ...  
06:15 PM, Jan 03, 2013

Will Wall Street and Barack Obama bridge their divide? The demonisation of the financial industry is not limited to the US. It's a global phenomenon. In the US, the need to bail out the banking industry was a very difficult political decision for Democrats in particular. The entire country was suffering in the recession. ...  
04:10 PM, Jan 03, 2013