By Candelaria Grimberg SALLIQUELO, Argentina (Reuters) – Argentina inaugurated on Sunday the first stage of a gas pipeline that will carry natural gas from the Vaca Muerta formation in western…
ISTANBUL (Reuters) – Turkey is taking measures to re-establish fiscal discipline and control the level of the budget deficit, Finance Minister Mehmet Simsek said on Sunday. The budget deficit for…
WASHINGTON (Reuters) – The U.S. trade deficit narrowed in May, with imports of goods dropping to their lowest level since late 2021 as higher borrowing costs slow domestic demand. The…
By Gavin Jones and Giuseppe Fonte ROME (Reuters) – Italy’s budget deficit widened in the first quarter to 12.1% of gross domestic product (GDP) compared with 11.3% in the same…
Here’s How Much The Supreme Court Just Shaved Off The Deficit In A Single Ruling Brandon Poulter on June 30, 2023 The Supreme Court ruled Friday that the Biden administration’s…
ZURICH (Reuters) – Switzerland expects its budget deficit to widen to 6.7 billion Swiss francs ($7.46 billion) next year due to extraordinary spending on Ukrainian refugees and the electricity sector,…
President Joe Biden on Wednesday posted on Twitter that he had cut the U.S. deficit by $1.7 trillion. The post was immediately flagged by Twitter as misinformation citing articles from…
By Jarrett Renshaw (Reuters) – When President Joe Biden signed his signature Inflation Reduction Act last August, he hailed the collection of green energy tax credits as a major victory…
(Reuters) – The U.S. budget deficit swelled in May from a year earlier as revenue tumbled and Medicare spending surged, the Treasury Department said on Monday in its first monthly…
US Trade Deficit Skyrockets In April As Exports Plummet Almost $10 Billion Jason Cohen on June 7, 2023 The U.S. trade deficit ballooned by $14 billion in April compared to…
BOGOTA (Reuters) – Colombia’s current account deficit shrank 36.3% in the first quarter compared with the same period last year, to $3.42 billion, the central bank said on Thursday, due…
OTTAWA, May 26 (Reuters) – Canada’s budget deficit in fiscal 2022/23 shrank to C$41.31 billion ($30.89 billion) from C$95.57 billion in the previous year as a post-pandemic economic rebound spurred…
BRASILIA (Reuters) – Brazil’s finance ministry forecast a primary budget deficit of 136.2 billion reais ($27.22 billion) this year, compared to 107.6 billion reais projected in March, according to its…
By Darya Korsunskaya and Alexander Marrow (Reuters) – As Russia’s military spending soars and sanctions squeeze its energy revenues, Moscow faces a battle to keep its budget deficit in check,…
LONDON (Reuters) – Rising demand from automakers, industry and investors will push the global platinum market into its biggest deficit in years, three industry reports predicted on Monday. The reports…
By Shivangi Acharya and Manoj Kumar NEW DELHI (Reuters) – India’s merchandise and services trade deficit narrowed to a 21-month low in April as imports dropped partly due to some…
‘We Do Have A Deficit Problem’: Former Obama Administration Official Dumps Cold Water On MSNBC Harold Hutchison on May 11, 2023 Former Obama administration official Steve Rattner said Thursday that…
(Reuters) – Russia’s federal budget recorded a 3.4 trillion rouble ($43.8 billion) deficit in the first four months of the year, the finance ministry said on Wednesday, as Moscow continued…
WASHINGTON (Reuters) – The U.S. trade deficit narrowed sharply in March as exports increased, which could position trade to continue contributing to economic growth in the second quarter. The trade…
(Reuters) – Russia’s forecast of a 2023 budget deficit of no more than 2% of gross domestic product (GDP) remains in force but much depends on oil and gas revenues,…
MADRID (Reuters) – The Spanish government intends to lower the budget deficit to the equivalent to 3% of gross domestic product in 2024 from 3.9% projected for this year, Budget…
WASHINGTON (Reuters) – The U.S. trade deficit in goods narrowed sharply in March as exports surged and imports declined, which augurs well for economic growth in the first quarter. The…
BERLIN (Reuters) – Germany expects to post a deficit of 4.25% of gross domestic product (GDP) in 2023, up from a 2.6% deficit the previous year, according to finance ministry…
JAKARTA (Reuters) – Indonesia posted a 128.5 trillion rupiah ($8.69 billion) budget surplus in the first quarter on strong tax collection and the recent strengthening of the rupiah currency could…
ISTANBUL (Reuters) – Turkey’s central government budget recorded a deficit of 47.22 billion lira ($2.46 billion) in March, the Finance Ministry said on Monday, while the cumulative deficit for 2023…