Wallenda, a U.S. passport tucked in his pocket, pumped his fist in the air and sprinted the last few steps on the two-inch-wide wire.

CNN: January 29, 2013 -- Updated 1437 GMT (2237 HKT)

Investors are worried that European austerity policies will now be scrapped going forward, leading to a continuation of bloated government budgets and two steps back from the two steps forward the EU has taken over the last year in solving its debt crises.

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Last month, Alberta's legislature took two radical steps to consolidate its advantage.

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It will be the last meeting between the two men before the outgoing Russian president steps down, the Russian news agency reported.

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The steps we've taken over the last two years may have broken the back of this recession, but to win the future, we'll need to take on challenges that have been decades in the making.

CNN: Transcript: Obama's State of the Union speech

Any reduction would probably occur in two quarter-point steps, as happened late last year when the ECB brought down the rate from 1.5% to 1%.

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But the truth is, these steps won't make up for the seven million jobs that we've lost over the last two years.

WHITEHOUSE: The 2010 State of the Union Address

Now, I have to say this: The steps that I just mentioned will help accelerate job growth in an economy that is already beginning to grow, but the steps we take alone won't make up for the 7 million jobs we lost over the last two years.

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