Global shares rise before U. S. budget talks, yen at two-year low
LONDON (Reuters) – World shares and the euro edged higher on Friday as U. S. lawmakers prepared to resume negotiations on avoiding a fiscal crisis, while the yen hit a two-year low on the prospect of drastic monetary easing in Japan. U. S. President Barack Obama and lawmakers are set to have a last round of talks before a New Year deadline to reach a deal on averting major tax increases and spending cuts which could drag the economy and others around the world into recession. . . .
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