tom elliot from jpmorgan asset management.e'll take a break. >>> still to come, we'll be in washington as the u.s. wakes up to the news the fiscal cliff has been averted for now. what does it mean for investors, taxpayers, dividend payers? >>> january 2, 2013. this is "worldwide exchange." here are the headlines -- with a late night vote, the u.s. house passes a bill to avoid the fiscal cliff. president obama warns lawmakers he doesn't want to go to the brink in the next fight over the debt ceiling. >> i will not have another debate with this congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. >>> a budget deal boosts asian equities. stocks in hong kong and australia hit 19-month highs in the first trading session of the year. the european ftse 3,600 up as the fiscal cliff is cheered this side of the pond. >>> if you've just joined us, yes, it's the first trading day of the year. the news we're waking up to is the house of representatives passing a bill late