Cliff Talks Stall, but Business Leaders Keep Faith

Dec. 20 (Bloomberg) -- Bloomberg's Hans Nichols reports that fiscal cliff negotiations have stalled as House Speaker John Boehner brings his "Plan B' tax proposal to a vote. Despite the breakdown in talks, business leaders remain optimistic of a deal getting done following a White House meeting on Wednesday. He speaks on Bloomberg Television's "In The Loop."
Save Euro With Greek Debt Writedown: World First's Cook
17:49 - World First U.K. Chief Economist Jeremy Cook says there needs to be a writedown of Greek debt, or else German Chancellor Angela Merkel and French President Francois Hollande risk the collapse of the euro-area "on their watch." He spoke on Bloomberg's "Countdown" with Caroline Hyde and Ryan Chilcote. (Source: Bloomberg)
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