Russia posts record current account surplus of $227 billion in 2022
(Reuters) -Russia’s current account surplus hit a record high in 2022, the central bank said on Tuesday, as a fall in imports and robust oil …
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South Korea’s Nov current account turns to deficit from surplus in Oct
SEOUL (Reuters) – South Korea had its third month of current account deficit in 2022 in November, mainly hit by still high import costs of …
Brazil posts record trade surplus of $62.3 billion in 2022
BRASILIA (Reuters) – Brazil posted a $62.3 billion trade surplus in 2022, official data showed on Monday, a record in the series started in 1989. …
After Two Years Of Shortage, Tech Companies Grapple With Chip Surplus
After Two Years Of Shortage, Tech Companies Grapple With Chip Surplus John Hugh DeMastri on December 27, 2022 After two years of global chip shortages …
Indonesia books bigger-than-expected Nov trade surplus of $5.2 billion
JAKARTA (Reuters) – Indonesia posted a larger-than-expected trade surplus last month, as imports unexpectedly contracted on a yearly basis while exports slowed, official data showed …
Russia to see huge budget deficit in Dec after Gazprom-fuelled surplus in Nov
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 …
Qatar’s Q3 surplus soars on higher oil and gas revenue
DUBAI (Reuters) – Qatar posted a budget surplus of 30 billion riyals ($8.19 billion) for the third quarter of 2022, boosted by rocketing oil and …
Soaring current account surplus fails to cover up cracks in Russian economy
By Alexander Marrow and Darya Korsunskaya MOSCOW (Reuters) – Russia’s current account surplus more than doubled year-on-year to $225.7 billion in January-November from $108.6 billion, …
Brazil posts record trade surplus for November boosted by sales to China
BRASILIA (Reuters) – Brazil posted a record trade surplus for November, official data showed on Thursday, driven by booming exports, with emphasis on sales to …
Brazil central govt posts primary budget surplus of $5.8 billion in October
BRASILIA (Reuters) – Brazil’s central government posted a primary budget surplus of 30.8 billion reais ($5.8 billion) in October, Treasury data showed on Tuesday, above …
Canada posts C$1.72 billion surplus over first six months of 2022/23
OTTAWA, NOV 25 (Reuters) – Canada recorded a C$1.72 billion ($1.29 billion) budget surplus for the first six months of the 2022/23 fiscal year, helped …
Bulgaria’s current account posts 1%/GDP surplus through September
SOFIA (Reuters) – Bulgaria posted a current account surplus of 770 million euros ($799.11 million), equal to 1% of economic output in the first nine …
Indonesia Oct trade surplus seen at $4.5 billion as global trade weakens- Reuters poll
JAKARTA (Reuters) – Indonesia’s trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a …
Brazil’s trade surplus comes lower than expected in October
BRASILIA (Reuters) – Brazil’s trade surplus in October was lower than forecast, even though exports grew faster than imports for the first time since February, …
Brazil central govt posts better-than-expected primary surplus in September
BRASILIA (Reuters) -Brazil’s central government posted a better-than-expected primary budget surplus in September, Treasury data showed on Thursday, boosted by dividends from the state-owned oil …
Indonesia Sept trade surplus seen at $4.8 billion as exports slow – Reuters Poll
JAKARTA (Reuters) – Indonesia’s trade surplus likely remained elevated in September, albeit below the level recorded in the previous month, amid a slowdown in export …
Brazil’s Lula eyes flexible primary surplus target to replace spending cap
By Lisandra Paraguassu SAO PAULO (Reuters) – Economic advisers to Brazilian presidential candidate Luiz Inacio Lula da Silva are looking at two main ideas to …
S.Korea’s Yoon says current account to post surplus this year
SEOUL (Reuters) – South Korean President Yoon Suk-yeol said on Tuesday the current account would be in surplus for the whole of this year despite …
Ireland hikes surplus forecast ahead of budget
DUBLIN (Reuters) – Ireland on Saturday almost doubled its budget surplus forecast for 2022 to 0.9% of gross domestic product thanks to booming corporate tax …
Canada records C$6.33 billion budget surplus over first four months of 2022/23
OTTAWA – Canada recorded a C$6.33 billion ($4.67 billion) budget surplus for the first four months of the 2022/23 fiscal year, helped by higher tax …
Brazil government projects 2022 primary surplus of $2.6 billion, first in nine years
BRASILIA (Reuters) – Brazil’s government estimated on Thursday it will post a primary surplus this year, the first since 2013, with public accounts benefiting from …
Bulgaria’s current account posts 1.0%/GDP surplus through July
SOFIA (Reuters) – Bulgaria posted a current account surplus of 803.7 million euros ($801.6 million), equal to 1.0% of economic output in the first seven …
Australian trade surplus shrinks sharply in July
SYDNEY (Reuters) – Australia’s trade surplus shrank by more than expected in July as exports of iron ore and coal cooled after a very strong …
Putin says Russia will post budget surplus this year, GDP to decline ‘around 2%’
VLADIVOSTOK, Russia (Reuters) – Russia will post a budget surplus this year, President Vladimir Putin said on Wednesday, forecasting a much shallower economic contraction than …
China trade surplus with U.S. narrows to $36.77 billion in August
BEIJING (Reuters) – China’s trade surplus with the United States narrowed to $36.77 billion in August, from $41.5 billion in July, according to Reuters calculations …
Australia current account surplus balloons in Q2, boosts growth
By Wayne Cole SYDNEY (Reuters) – Australia’s current account surplus widened sharply in the June quarter as resource exports were boosted by both prices and …
Brazil posts trade surplus of $4.165 billion in August, above expected
(Reuters) – Brazil posted an above-expected trade surplus of $4.165 billion in August, government data showed on Thursday, recording growth in exports, but with imports …
Canada’s Alberta forecasts much bigger 2022-23 budget surplus of C$13.2 billion
(Reuters) – Canadian oil-producing province Alberta expects a budget surplus of C$13.2 billion ($10.1 billion) in the 2022-23 fiscal year, significantly higher than the C$511 …
Irish budget surplus may reach 2% of national income in 2022-watchdog
DUBLIN (Reuters) – Ireland’s budget surplus could reach 2% of gross national income this year, the country’s fiscal watchdog said on Wednesday, significantly ahead of …
Canada records April-June budget surplus of C$10.2 billion on higher tax revenues
By Ismail Shakil OTTAWA, Aug 26 (Reuters) – Canada recorded a C$10.20 billion ($7.89 billion) budget surplus for the first three months of the 2022/23 …
Euro zone current account swings back to a surplus in June
FRANKFURT (Reuters) – The euro zone’s current account swung back to a small surplus in June on an improvement in the trade of services and …
Brazil 2022 trade surplus outlook dims, but record still in reach
By Marcela Ayres and Bernardo Caram BRASILIA (Reuters) – Brazil’s trade surplus this year is likely to fall short of prior forecasts, according to private …
Indonesia July trade surplus seen narrowing amid slowing global trade
JAKARTA – Indonesia’s trade surplus may have narrowed to $3.93 billion last month due to weakening export performance as global trade activity slows, according to …
Saudi Arabia posts almost $21 billion second-quarter surplus
By Yousef Saba DUBAI – Saudi Arabia has registered a budget surplus of nearly 78 billion riyals ($21 billion) in the second quarter of 2022, …
Brazil posts $5.4 billion trade surplus in July, lower than expected
BRASILIA – Brazil posted a lower than expected trade surplus of $5.444 billion in July, official data showed on Monday, with growth in imports again …
Vietnam sees Jan-July trade surplus at $764 million -stats office
HANOI – Vietnam is expected to register a trade surplus of $764 million in the first seven months of 2022, government data released on Friday …
Indonesia June trade surplus seen widening after palm oil exports resume – Reuters poll
JAKARTA – Indonesia’s trade surplus likely widened to $3.52 billion last month, boosted by the lifting of a three-week palm oil export ban, according to …
The DeSantis Boom: Florida Economy Soars As State Records Highest Budget Surplus Ever
The DeSantis Boom: Florida Economy Soars As State Records Highest Budget Surplus Ever Max Keating on July 8, 2022 Florida ran a budget surplus of …
Canada trade surplus rides energy price boom to 14-year high
By Julie Gordon and Ismail Shakil OTTAWA – Canada’s exports surged in May, mainly on lofty energy prices, helping drive its surplus with the rest …
Ireland should set aside part of 2022 budget surplus – deputy PM
DUBLIN – Ireland should set aside some of the budget surplus it expects to post this year to fund future pensions or to start refilling …
Brazil posts trade surplus of $8.8 billion in June
BRASILIA – Brazil’s trade surplus reached $8.814 in June, official figures showed on Friday, below market expectations. Economists polled by Reuters had projected a $9.994 …
New Jersey Republicans Want Murphy to Give Surplus Back to the People
TRENTON, NJ – With Trenton sitting on a record pile of money this year, Republicans are telling the governor to give it back to the …
Brazil central government posts better than expected 28.6 billion reais surplus in April
BRASILIA – Brazil’s central government reported a better than expected primary budget surplus of 28.6 billion reais ($5.57 billion) in April, official figures showed on …
Japan’s current account surplus shrinks on record imports
By Tetsushi Kajimoto TOKYO – Japan’s current account surplus shrank sharply in April as record imports overwhelmed exports, swinging the trade balance into the red, …
New Jersey Democrats Continue to Block Attempts to Give Back Surplus Tax Money
TRENTON, NJ – New Jersey Democrats continue to block efforts by Republicans to give families relief from high gas and food prices. This week, Democrats …
Legislators Tell Governor Murphy to Give Back Billions in State Surplus to the People, But Will He?
TRENTON, NJ – New Jersey Republican legislators are calling on Governor Phil Murphy to give back billions in state surplus funds collected during the pandemic …
India cenbank gives sharply lower surplus of 303 billion rupees to govt
MUMBAI – India’s central bank transferred 303.07 billion rupees ($3.91 billion) to the government as a dividend for the fiscal year ending in March 2022 …
New Jersey Lawmakers Say “Give it Back” After State Amasses $5 Billion in Surplus Revenue
TRENTON, NJ – As many New Jerseyans are struggling to make ends meet during the post-pandemic recovery, the state of New Jersey is rolling in …
Analysis-Brazil’s spending cap brings fiscal surplus – and candidates’ ire
By Marcela Ayres and Bernardo Caram BRASILIA – Strong commodity prices and a recovering job market have helped a sharp improvement in Brazil’s public finances, …
Canadian dollar seen rebounding as high oil price feeds trade surplus: Reuters poll
By Fergal Smith TORONTO – The Canadian dollar will claw back its recent decline over the coming year, as elevated oil prices bolster Canada’s trade …