Legislation to Redistribute Surplus Animal License Fees for Cruelty Law Enforcement Advances
TRENTON, NJ – Legislation spearheaded by Senator Troy Singleton has progressed within the Senate Economic Growth Committee. This bill mandates that excess funds from animal license fees and similar charges be redirected…
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 fiscal year helped by higher tax revenues,…
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 higher primary income, which includes earning from…
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 economists and an Economy Ministry official, as…
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 economists polled by Reuters. Southeast Asia’s biggest…
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, the finance ministry said on Thursday, an…
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 strongly outpacing that of exports. The figure…
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 showed. Exports in the January-July period are…
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 economists polled by Reuters, although some still…
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 $21.8 billion in fiscal year 2021-22, the…
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 of world to a surprise 14-year high,…
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 its currently empty contingency reserve fund, Deputy…
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 billion surplus for the month. The reading…
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 people. The governor announced he is considering…
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 Tuesday, with increased tax revenue helping to…
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, data showed on Wednesday, stoking some concerns…
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 blocked an effort by Senator Ed Durr…
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 back to the people of New Jersey.…
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 and decided to keep its contingency risk…
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 piles of cash. Now, members of the…
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, analysts say, allaying concerns about the country’s…
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 surplus and the central bank potentially hikes…
Canada records second surplus of fiscal 2021/22 in February as year-to-date deficit continues to shrink
By Julie Gordon OTTAWA – Canada recorded its second surplus of fiscal 2021/22 in February, as its budget deficit for the first 11 months of the fiscal year shrunk considerably compared with…
Canada’s most populous province sees a quicker than expected return to surplus
By Kanishka Singh (Reuters) – Canada’s most populous province of Ontario on Thursday forecast steadily declining deficits over the medium term helped by a strong economic recovery, and projected a return to…
Polish fashion retailer LPP faces surplus products, challenging first-half 2022
GDANSK – Poland’s biggest fashion retailer LPP faces a surplus of merchandise this year after closing stores in Eastern Europe, which is likely to erode its profits in the first half and…
Japan’s Feb current account swings back to surplus from big deficit
By Kantaro Komiya TOKYO – Japan’s current account balance swung back into the black in February from its second-biggest deficit on record in the previous month, providing some respite for policymakers amid…
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