US Treasury seen boosting auction sizes as budget deficit worsens
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces…
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The U.S. Treasury is likely to boost the size of auctions for bills, notes, and bonds in the fourth quarter when it announces…
NEW DELHI (Reuters) -The International Monetary Fund (IMF) is looking for a strong budget and narrower deficit from Sri Lanka as it seeks funding to bridge the gap between government…
ROME (Reuters) – An Italian centrist opposition party led by former Prime Minister Matteo Renzi said on Wednesday it would appeal to the constitutional court to rule unlawful the government’s…
STRBSKE PLESO, Slovakia (Reuters) – Italy is paying the price for raising its deficit targets via higher borrowing costs, European Central Bank policymaker Klaas Knot said on Friday, telling governments…
By Sara Rossi MILAN (Reuters) – Italy’s higher budget deficits this year and next could make it ineligible for bond support under the European Central Bank’s latest scheme, which would…
WASHINGTON (Reuters) – The U.S. trade deficit narrowed more than expected in August as exports increased solidly, likely positioning trade to support economic growth in the third quarter. The trade…
BUDAPEST (Reuters) – Hungary’s government has raised the 2023 budget deficit target to 5.2% of economic output from 3.9%, the finance ministry said on Tuesday, citing increased spending on pensions,…
MONTVALE, NJ – St. Joseph (Mont.) reverses an early setback to trounce Donovan Catholic 52-28, highlighted by quarterback Patrick Grusser’s impressive 274-yard passing game. The game started off in Donovan…
By David Milliken LONDON (Reuters) – Britain’s Institute for Fiscal Studies (IFS) estimated on Thursday that there was a 90% chance that public borrowing in four years’ time would be…
By Giuseppe Fonte ROME (Reuters) – Italy sees its 2023 budget deficit overshooting at around 5.5% of gross domestic product (GDP) from the current 4.5% target, sources told Reuters, pushed…
WASHINGTON (Reuters) – The U.S. current account deficit narrowed sharply in the second quarter as surpluses on services and primary income offset a shortfall on goods, data showed on Thursday.…
By Dharamraj Dhutia MUMBAI (Reuters) – India’s banking system liquidity deficit is at its widest in over four years ago, amid tax outflows and the lack of any major inflows,…
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s current deficit narrowed in the second quarter, official data showed on Wednesday, but the country’s external position remains well beyond sustainable levels.…
BANGKOK (Reuters) -Thailand’s new cabinet on Wednesday approved a plan for higher fiscal 2024 spending of 3.48 trillion baht ($97.29 billion) and a larger budget deficit of 693 billion baht,…
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s government on Tuesday predicted a larger budget deficit but better-than-expected economic conditions in the year ahead, as it updated forecasts heading into…
By Dave Graham and Diego Oré MEXICO CITY (Reuters) – The Mexican government’s plan to run up the biggest budget deficit in decades during the 2024 general election year could…
US Deficit Skyrockets Thanks To Biden’s Massive Government Spending Lillian Tweten on September 4, 2023 The federal government’s deficit for fiscal year 2023 is set to double thanks largely to…
PRAGUE (Reuters) – The Czech Finance Ministry has proposed a 2024 central state budget with a 252 billion crown ($11.36 billion) deficit, according to a draft of the legislation sent…
BRASILIA (Reuters) – Brazil’s government outlined an ambitious plan to rescue its public accounts from deficit which hinges on securing 168.5 billion reais ($34 billion) in extra revenue, according to…
By Bernardo Caram and Marcela Ayres BRASILIA (Reuters) – Delays and disappointments on revenue-boosting measures have made it harder for Brazil’s government to balance its budget and erase a primary…
KYIV (Reuters) – Ukraine’s trade deficit grew to $8.97 billion in the first five months of the year compared with a deficit of about $1 billion posted in the same…
By Patrick Werr CAIRO (Reuters) – Egypt risks fuelling its record inflation and putting more pressure on the Egyptian pound if it does not slow an expansion of the money…
By Shivangi Acharya and Riddhima Talwani NEW DELHI (Reuters) -India’s merchandise trade deficit in June was in line with expectations at $20.13 billion, according to a Reuters calculation based on…
BRUSSELS (Reuters) – The euro zone almost eliminated its trade deficit in May, non-adjusted data showed on Friday, as exports of chemicals and machinery picked up and the value of…
By David Lawder WASHINGTON (Reuters) – The U.S. government posted a $228 billion budget deficit for June, up 156% from a year earlier as revenues continued to weaken and July…