Markets welcomed the deal reached in Congress Both Asian and North American markets registered strong gains on the first day of trading in 2013.
The political escalation surrounding Crimea has not left the Russian stock exchanges unfazed. The two major bourses in Moscow took a dive in early trading, with the ruble also losing more value as the week started.
Bigger than expected credit growth in China has caused investors to return to emerging economies at least for the short term. The hope is China might not crimp credit too harshly, thus maintaining demand for imports.
The catch of the day used to involve going out to sea.
Asian shares have taken a tumble, with Japan's Nikkei down over 4 percent. However, European traders have held their nerve after Asia's slide, logging only slight losses on the day.
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