Global CEOs Steering Clear of Cross-border Deals – According to Barron’s, PwC’s 15^th installment of Global CEOs Survey shows that a mere 28 percent of global CEOs wanted to go for cross-border deals this year, which was 34 percent the previous year. PwC Chairman, Nally, says, “CEO confidence is decidedly down as they deal with the aftershocks to the recession” and “CEOs are disappointed with the course of the global economy and the pace of recovery. The optimism that had been building cautiously since 2008 has begun to recede.” The survey also shows that 80 percent of the CEOs were worried about economic growth of their nations, 64 percent about instable capital markets, 66 percent regarding debt burdens and fiscal deposits of the government, 58 percent about the volatile exchange rates and 56 percent about the regulations governing their businesses. Nally further says, “The bottom line - CEOs are not feeling good about the health of the global economy.”