Asian shares slide as U. S. budget impasse creates anxiety
TOKYO (Reuters) – Asian shares slid on Friday after a Republican proposal to deal with a U. S. fiscal crunch failed to get enough support, deepening uncertainty over the U. S. can avert the "fiscal cliff" of automatic spending cuts and tax increases set to start January 1. "Markets disliked signs of further delay in talks, with the risk that a deal may not be reached by the end of the year deadline," said Yuji Saito, director of foreign exchange at Credit Agricole in Tokyo. "It clearly hit risk sentiment. " The U. S. . . .
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