WASHINGTON Dec 7 Speaker of the U.S. House of Representatives John Boehner called a news conference for 11 a.m. ET (1600 GMT) on Friday to discuss stalled efforts to cut a bipartisan deal to avert the fiscal cliff, an aide said.
With less than three weeks to go before a year-end deadline, negotiations have essentially come down to Boehner, the top U.S. Republican, and President Barack Obama.
UPDATE 1-UK's May pledges not to increase VAT, quiet on other taxes
LONDON, April 30 British Prime Minister Theresa May said on Sunday she would not increase value-added tax (VAT) if her Conservative Party was elected on June 8, but she did not extend the same promise to other major taxes.