The On-the-Ground Reality of the Fiscal Cliff

Dec. 6 (Bloomberg) -- Bloomberg's Matthew Dowd walks over to City Hall in Norfolk, Virginia to speak with the mayor about what will happen to the local community if projected defense cuts kick in as a result of the Fiscal Cliff.

Iraq Balks at Joining OPEC Cuts
57:50 - Oil investors are playing it safe as OPEC tries to finalize its deal to limit output. More talks are planned this week but there are new doubts about the plan. Bloomberg's Ben Sharples reports on "Bloomberg Markets." (Source: Bloomberg)
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