Fiscal cliff of US solved. (By Sylodium, global import export directory).

This has been a good new for world economy: US has avoided economic calamity due to de agreement between Democratic Party and Republicans Party that have approved a deal to prevent huge tax hikes and drastic spending cuts that would have pushed this year, and next ones, US into recession, after this crisis, the deepest recession in 80 years.

 The markets in the world have moved from drop to rise in these days, in fact, Asian stocks hit a five-month high.

It hasn't been easy the deal, has been significant distance between the two sides,  and  the Republicans have been very reluctant to sign it, they thought that Democratic proposal protected the wealthy and not the middle class, but now, after the deal, Income tax rates will now rise only for families earning more than $450,000 per year. 

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