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…
Brazil’s record trade surplus in March misses market expectations
By Marcela Ayres BRASILIA – Brazil posted a record trade surplus for March, of $7.4 billion, official data showed on Friday, but the number was well below market forecasts amid expectations that…
Oman to use surplus from higher oil prices to reduce public debt
CAIRO – Oman expects to reduce its public debt to 19.46 billion Omani riyals by using the surplus arising from selling oil at higher prices and repaying some loans by end of…
Legislators Propose $500 Fuel and Inflation Credit in New Jersey as Murphy Touts Budget Surplus
TRENTON, NJ – Trenton lawmakers are proposing a $500 tax credit to help residents contend with soaring gas prices, energy costs, and inflation. With no indication that Governor Phil Murphy will move…
Amid budget surplus Maryland governor pushes for pause on gas tax
ANNAPOLIS, MD—Maryland’s state coffers are filled with cash, according to Governor Larry Hogan and now he wants to pause the state’s gas tax. Hogan said with a budget surplus reported today, it’s…
Another platinum glut forecast for 2022 after huge surplus last year
By Peter Hobson LONDON – The global platinum market was hugely oversupplied in 2021, the World Platinum Investment Council (WPIC) said on Wednesday as it predicted another large surplus of the metal…
Brazil trade balance posts biggest February surplus in five years
BRASILIA – Brazil posted a $4 billion trade surplus in February, the strongest performance for the month since 2017, official data showed on Thursday, amid higher volumes and prices of exported goods.…
Canada posts budget surplus in December 2021, first since pandemic onset
OTTAWA, Feb 25 – – Canada in December recorded its first monthly surplus since the onset of the COVID-19 pandemic, while its deficit in the first nine months of fiscal 2021/22 continued…
Canada’s Alberta province forecasts 2022/23 budget surplus as oil prices soar
By Nia Williams CALGARY, Alberta – Canada’s biggest oil-producing province Alberta is expecting its first budget surplus since 2014/15, Finance Minister Travis Toews said on Thursday, as soaring global energy prices and…
Swedish Debt Office says bigger surplus reduces borrowing needs
STOCKHOLM – Sweden’s Debt Office said on Thursday that strong growth would lead to better government finances and lower the borrowing requirement meaning it would cut the supply of government debt. “The…
Euro zone’s current account surplus rose last year
FRANKFURT – The euro zone’s current account surplus rose to 310 billion euros ($352.47 billion) last year, or 2.6% of the bloc’s economic output, European Central Bank data showed on Friday. This…
U.S. posts $119 billion budget surplus in January; first in over 2 years
– The U.S. government posted a $119 billion budget surplus in January, the first in more than two years, amid strong growth in tax receipts and a sharp drop in pandemic-related outlays,…
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