Republican leaders have pulled their backup tax plan from the floor of the House, saying that they do not have enough votes to pass it. This leaves it up to President Obama and Senate Democrats to devise legislation to avert the fiscal cliff.
Meanwhile, civil servants in Greece who work for state enterprises will receive salary cuts of 25% after the new year.
In other news, pupils in a Church of England primary school may experience a shock when they return to class after the holidays. The teacher they had always known as “Mr. Upton” will have become “Miss Meadows”, the name by which he/she wishes to be addressed after his/her gender change.
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