US Notches Record Trade Deficit In 2022 — Thanks Partly To China
US Notches Record Trade Deficit In 2022 — Thanks Partly To China Trevor Schakohl on February 7, 2023 The U.S. trade deficit increased to its highest recorded level in 2022,…
US Notches Record Trade Deficit In 2022 — Thanks Partly To China Trevor Schakohl on February 7, 2023 The U.S. trade deficit increased to its highest recorded level in 2022,…
NAIROBI (Reuters) – Kenya’s finance ministry has tweaked its spending and budget deficit estimates for the current fiscal year that ends in June to show a slight increase in overall…
By Nikunj Ohri NEW DELHI (Reuters) – India is ‘fairly’ confident it can meet its target to cut its fiscal deficit by nearly 200 basis points to 4.5% of GDP…
By Canan Sevgili and Can Sezer ISTANBUL (Reuters) – Turkey’s tourism revenue hit a record $46.3 billion in 2022 even as its trade deficit swelled to more than $109 billion,…
OTTAWA, Jan 27 (Reuters) – Canada recorded a C$3.55 billion ($2.67 billion) budget deficit for the first eight months of the 2022/23 fiscal year, partly due to higher debt charges,…
MANILA (Reuters) – The Philippines posted a trade deficit of $4.6 billion for December, the biggest trade gap in three months, government data showed on Thursday. That brought the full-year…
By Aftab Ahmed NEW DELHI (Reuters) – The Indian government will present a budget on Feb. 1 that will likely put deficit reduction ahead of vote-winning spending, even as Prime…
(Reuters) – Russia recorded a budget deficit of 2.3% of its gross domestic product in 2022, Finance Minister Anton Siluanov said on Tuesday, reflecting the burden of the Ukraine war…
SEOUL (Reuters) – South Korea had its third month of current account deficit in 2022 in November, mainly hit by still high import costs of energy at a time of…
ISTANBUL (Reuters) – The Turkish trade deficit widened 138.4% from the previous year to $110.19 billion in 2022, the Trade Ministry said on Monday, with exports rising 12.9% to $254.2…
SOFIA (Reuters) – Bulgaria expects to end 2022 with a fiscal deficit of 1.5 billion levs ($821.11 million), equal to 1.0% of economic output, outperforming a revised target of 3.4%,…
OTTAWA, Dec 23 (Reuters) – Canada recorded a C$174 million ($127.91 million) budget deficit for the first seven months of the 2022/23 fiscal year, partly due to higher debt charges,…
By Tarek Amara TUNIS (Reuters) -Tunisia expects to reduce its fiscal deficit to 5.5% next year from a forecast 7.7% this year, driven by austerity measures that could pave the…
WASHINGTON (Reuters) – The U.S. current account deficit narrowed sharply in the third quarter as exports jumped to a record high, data showed on Wednesday. The Commerce Department said that…
ATHENS (Reuters) -Greece’s central government reported a lower-than-expected primary budget deficit in the first 11 months of the year as tax revenues slightly beat initial estimates, finance ministry data showed…
By Lucy Craymer and Alasdair Pal WELLINGTON (Reuters) – New Zealand’s government on Wednesday forecast the country would enter a recession in 2023, even as the budget remained on target…
US Deficit Hits Nearly $250 Billion, Smashing November Record John Hugh DeMastri on December 13, 2022 The U.S. federal budget deficit set a record for the month of November, jumping…
MOSCOW (Reuters) – Russia’s monthly budget deficit could reach 3.5 trillion roubles ($55.38 billion) in December for the government to see an annual deficit at 2% of GDP as promised,…
KYIV (Reuters) – Ukrainian officials said on Friday the country’s energy system was stabilizing after the latest round of Russian air strikes but warned that a power deficit was likely…
BERLIN (Reuters) – The German government’s public deficit will be significantly higher in 2023 than previously thought, reaching 4.5%, due mainly to energy relief measures, the Spiegel news magazine reported…
BELGRADE (Reuters) – Parliament adopted Serbia’s budget for next year on Friday, projecting growth at 2.5% of national output and a 3.3% deficit, down from 3.9% set for 2022, as…
By Wayne Cole SYDNEY (Reuters) – Australia’s current account fell into deficit for the first time in three years last quarter as robust domestic demand sucked in imports and miners…
WASHINGTON (Reuters) – The U.S. trade deficit in goods widened sharply in October as exports declined amid slowing global demand and a strong dollar. The goods trade deficit surged 7.7%…
BUCHAREST (Reuters) – Romania’s consolidated budget deficit widened to 3.37% of gross domestic product in the first ten months from 3.04% at the end of September, finance ministry data showed…
BRASILIA (Reuters) – Brazil’s current account deficit in October came slightly lower than expected, central bank data showed on Friday, in the wake of a better trade balance surplus and…