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Among the stories for Tuesday from The Associated Press:



WASHINGTON â¿¿ Everyone who pays income tax â¿¿ and some who don't â¿¿will feel it. So will doctors who accept Medicare, people who get unemployment aid, defense contractors, air traffic controllers, national park rangers and companies that do research and development. The tax increases and spending cuts known as the "fiscal cliff" take effect in January unless Congress passes a budget deal by then. And no matter who you are, it will be all but impossible to avoid the pain. By Christopher S. Rugaber.

AP photos


â¿¿ FISCAL CLIFF-WHO'S AFFECTED-GLANCE â¿¿ What is in the $670 billion U.S. fiscal cliff and who would pay how much, at a glance.

â¿¿ OBAMA â¿¿ Obama to meet with labor leaders about impending "fiscal cliff," prospect of raising taxes on the wealthy. AP photo


NEW YORK â¿¿ The number of Americans hitting the road this Thanksgiving is expected to increase slightly from a year ago. But they'll take shorter trips to save on gas and other costs as household budgets remain tight. AAA says Tuesday in its annual Thanksgiving forecast that a stronger economy is needed to spur a bigger jump in holiday travel growth. AAA predicts 43.6 million Americans will travel at least 50 miles from home over Thanksgiving, up just 0.7 percent from last year. By Samantha Bomkamp.



NEW YORK â¿¿ As airlines make it more difficult for groups of travelers to sit together, many will be separated from their loved ones during flights this Thanksgiving. Here are a few things fliers can do between now and takeoff to snag seats together. By Airlines Writer Scott Mayerowitz.


BEIJING â¿¿ During China's last party congress, the cadres in charge of the world's most populous nation didn't know a hashtag from a hyperlink. But five years on, there's a new message from Beijing: The political transition will be microblogged. While a tool for disseminating propaganda, the Internet is a two-way street that's also being used by ordinary web users to poke fun at and fact-check the delegates. By Alexa Olesen.

AP photos



NEW YORK â¿¿ Stocks are mixed on Wall Street as a deal to rescue the Greek economy now looks much less certain than it had just one day ago.

AP photo

â¿¿ OIL PRICES â¿¿ The price of oil slipped to near $85 as the International Energy Agency lowered its forecast for oil demand and said global supplies were growing.

â¿¿ SMALLBIZ-SMALL BUSINESS OPTIMISM â¿¿ Small business owners stayed cautious ahead of the election.



HICKSVILLE, N.Y. â¿¿ While most utilities have restored electricity to nearly all their customers, the Long Island Power Authority still has tens of thousands of customers in the dark. The company says Superstorm Sandy was worse than anyone could have imagined. But some say the government-run utility should have seen it coming. It was recently criticized in a withering state report. By Frank Eltman and Michael Virtanen.

AP photos, video


ATLANTA â¿¿ A boost from the gradually recovering housing market helps lift Home Depot's net income in its fiscal third quarter. Home improvement companies have long been under pressure due to the weak housing market, as consumers cut back on large-scale renovation projects. But they stand ready to benefit as evidence mounts that the housing market is slowly improving.

AP photo

â¿¿ SWITZERLAND-DIAMONDS â¿¿ Geneva's jewelry auctions, held in five-star hotels along its elegant lakefront, can seem a continent away from the grim austerity gripping much of Europe. The Archduke Joseph Diamond is expected to fetch more than $15 million Tuesday. AP photos.

â¿¿ RUSSIA-GAZPROM â¿¿ Russian gas giant Gazprom moves a step closer in its effort to lay a major pipeline network across Europe by striking a deal with Slovenia, one of the countries the pipe passes through.

â¿¿ GERMANY-LUFTHANSA â¿¿ Arbitrator: Germany's Lufthansa reaches deal with flight attendants, averting the possibility of widespread strikes during the holiday season.

â¿¿ BRITAIN-BP-AAR â¿¿ BP, AAR agree to settle all disputes as they prepare to sell stakes in joint venture TNK-BP.



DUBAI, United Arab Emirates â¿¿ The United Arab Emirates set stricter Internet monitoring and enforcement codes that include giving authorities wider leeway to crack down on Web activists for offenses such as mocking the country's rulers or calling for demonstrations. The measures are another sign of tougher cyber-policing efforts by Western-backed leaders across the Gulf amid growing concerns over perceived political or security threats since the Arab Spring uprisings. By Brian Murphy.

â¿¿ JAPAN-OLYMPUS â¿¿ Investors seek $240 million from Japanese camera and medical equipment maker Olympus for losses stemming from a massive accounting scandal.

â¿¿ GERMANY-BERLIN STARTUPS â¿¿ Google is investing $1.3 million in a new facility for Internet startups in the German capital Berlin.

â¿¿ BRITAIN-EARNS-VODAFONE â¿¿ Mobile communications company Vodafone reports a big half-year loss due to charges on its Spanish and Italian operations.

â¿¿ ASSOCIATED PRESS-ICIRCULAR SALE â¿¿ The Associated Press sells iCircular mobile ad service to Wanderful Media.



BRUSSELS â¿¿Shoring up Europe's banking sector and strengthening oversight of economic policies tops the agenda of a meeting of the European Union's 27 finance ministers. Weakness in the banking sector and inadequate monitoring of national budgets were prime causes of Europe's three-year financial crisis. Fixing those areas is crucial not only to ending the current crisis and preventing a repeat. By Don Melvin and Sarah Dilorenzo.

AP photos

â¿¿ GREECE-FINANCIAL CRISIS â¿¿ Greece raises $5.2 billion from selling short-term bills, money that will help it make a crucial debt repayment at the end of the week.


HONG KONG â¿¿ A luxury Hong Kong apartment in a Frank Gehry-designed building has sold for an eye-popping price of nearly $60 million, the latest sign of the city's overheated housing market. By Kelvin Chan.

AP photos

â¿¿ GERMANY ECONOMY â¿¿ German investor confidence slips unexpectedly this month on expectations that Europe's largest economy will cool over the next six months.

â¿¿ BRITAIN-INFLATION â¿¿ Inflation in Britain rises more than anticipated in October.

â¿¿ CYPRUS-FINANCIAL CRISIS â¿¿ Cyprus' Central Bank chief looks to December for bailout agreement with potential creditors.

â¿¿ TAIWAN-STOCK SCANDAL â¿¿ Taiwan stock scandal raises questions about state funding "stabilizing" share prices.

â¿¿ GERMANY-EARNS-EON â¿¿ German electricity and gas supplier E.ON cuts its earnings forecast for next year because of economic uncertainties and changes in the energy industry.

â¿¿ IRAN-ECONOMY â¿¿ Iran's parliament postpones second round of subsidy cuts.

â¿¿ SERBIA-IMF â¿¿ IMF opens talks on potential new loan deal with Serbia.


Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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