"I assume the Americans will issue the invitations in the coming days and coordinate the exact date in the last week of November, " Olmert told a news conference.

NPR: Mideast Peace Summit Likely in November

First, some time in the coming days - and the banks think probably this week - Moody's will announce downgrades of most of them.

BBC: Downgraded UK banks, bonuses and Bank of England support

While the focus now is on a possible agreement in coming days or weeks, anti-tax crusader Grover Norquist told CNN earlier this week that the nation should gird for long-range battle.

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