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Obama tries to sell jobs plan, end gridlock

President Barack Obama began an uphill battle on Friday for support for a USD 447 billion jobs plan he hopes will rescue a faltering US economy and his own re-election prospects.
US debt ceiling will be raised; QE3 possible: Finaport

Hans Goetti, CIO (Asia), Finaport tells CNBC-TV18 that there is no doubt that the debt ceiling will be raised. “Also, we are most likely to see some kind of quantitative easing by the US Fed,” he says.

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