Obama's Fresh Fiscal Cliff Offer

President Barack Obama lowered his tax revenue demand by $200 billion and offered to start tax rate increases at $400,000 in income instead of $250,000, moving closer to a budget deal with House Speaker John Boehner.
New Russian Law Weighs Down on Foreign Internet Firms
02:10 - A new law in Russia now forces tech firms with Russian customers to operate local servers to handle Russian personal data. It’s the latest in a string of about 20 laws tightening government control of the Internet, all put into place since President Vladimir Putin’s re-election in 2012. While the new program is aimed at protecting the privacy of Russian citizens, some human rights activists fear the regulation will be misused, allowing officials to spy on citizens and suppress political activists. Bloomberg’s European Senior Web Editor Tim Coulter and City Financial Investment Director Peter Toogood discuss with Guy Johnson and Anna Edwards on “Countdown.”
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