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, …
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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 …
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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 …
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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, …
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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, …
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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 …
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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 …
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(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 …
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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 …
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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 …
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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%, …
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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, …
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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 …
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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 …
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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 …
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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 …
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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 …
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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, …
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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 …
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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 …
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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 …
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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 …
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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% …
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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 …
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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 …