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Barack-Obama2 400HONOLULU: President Barack Obama may return to Washington from his Hawaiian holiday as early as Wednesday evening to address the unfinished "fiscal cliff" negotiations with Congress, an administration official said on Tuesday.

 

No further details were available about the president's plans when he returns to Washington.

 

The focus on negotiations to avert a sharp rise in taxes and deep spending cuts from Jan. 1 has shifted to the US Senate after the House of Representatives failed to pass its own budget measures last week.

 

Obama and his family arrived in Hawaii early on Saturday.

 

According to aides, the president has devoted his time to rest and recreation, however some of his aides spoke with Senate Democratic staff about fiscal cliff issues on Monday.

 

Copyright Reuters, 2012

Copyright APP (Associated Press of Pakistan), 2012


 



 
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Banking Review 2014


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyMay
Trade Balance $-1.894 bln
Exports $1.953 bln
Imports $3.847 bln
WeeklyJuly 01, 2015
Reserves $18.5 bln