Politics
Weakened Congress wondering if early elections will help
The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term. Full Article
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Sterling rises to one-month high versus dollar
LONDON |
LONDON Dec 3 (Reuters) - Sterling rose to a one-month high against the dollar on Monday, helped by stronger-than expected UK manufacturing PMI data and reported corporate demand.
Sterling rose to $1.6069, its highest level since Nov 2 and the 50 percent retracement of the Sept. 21 to mid-November fall from above $1.63 to $1.5820. Traders expected resistance around this level. (Reporting by Philip Baillie, Editing by Nia Williams)
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