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The Latest Breaking News from Deficit

Leclerc braces for "difficult" Ferrari home race given Red Bull's top speed

Charles Leclerc says it will be a 'difficult weekend on paper' for the Ferrari Formula 1 team to stop Red Bull and win on its home turf in Monza given its straightline speed deficit.

Motorsport

Tory MSP accused of spreading disinformation over Scotland re-joining the EU

A TORY MSP has been accused of spreading disinformation over claims that Scotland would be unable to re-join the EU following independence.

The National (Scotland)

Kylian Mbappe nets brace as PSG begin with Champions League win over Juventus

PSG 2-1 Juventus: Weston McKennie reduced the deficit for the Serie A giants but it was not enough

The Independent UK

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India’s current account deficit to widen to 5% in Q2, 3.5% in FY23: ICRA

The trade deficit has doubled to $28.7 billion for August due to a 36.8% expansion in imports and a 1.2% decline in export earnings.

The Hindu

Matthew Yglesias: A debate over the deficit is just what America needs

With unemployment low, inflation high and interest rates on the rise, the time is right to bring back an old idea: bipartisan talks to reduce the federal budget deficit.

Tribune News Service

Trade data flags testing time for goods exports

Exports shrink 1.15% to $33 billion, imports rise above $60 billion widening trade deficit

The Hindu

Irvine mum launches GoFundMe in bid to save beloved Guinea pig's life

Courtney Baird, 22, takes pet rodent Captain shopping with her as therapy for her Attention deficit hyperactivity disorder.

Daily Record

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Energy bosses set to 'ask next PM to commit billions of taxpayer cash for firms'

THE energy industry is reportedly preparing to urge the next prime minister to commit billions of taxpayer cash to help struggling businesses pay…

The National (Scotland)

A 'Union dividend'? Here's what this year's GERS figures actually mean

LAST week the Scottish Government released their yearly Government Expenditure and Revenue Scotland (GERS) report, the most intensely discussed set…

The National (Scotland)

Staff in the dark as polytech mega-merger consultation closes

After a 'tough' couple of years, consultation on the polytech mega-merger is finally closing. And many staff aren't happy.

Newsroom.co.nz

On course to achieve fiscal deficit target, says finance secretary Somanathan

NEW DELHI: Finance secretary TV Somanathan on Wednesday exuded confidence that the fiscal deficit target of 6.4 per cent of GDP in 2022-23 will be met without pruning capital expenditure.

The Times of India

Fiscal deficit touches 20.5% of annual target in April-July: Official data

NEW DELHI: The central government's fiscal deficit touched 20.5 per cent of the annual target at the end of July 2022-23 against 21.3 per cent a year ago, reflecting improvement in public finance, as per official data released on Wednesday.

The Times of India

Fiscal deficit touches 20.5% of annual target in April-July: official data

A fiscal deficit is a reflection of government borrowings from the market

The Hindu

Ferrari: Spa straightline speed deficit to Red Bull not a concern for Monza

Ferrari does not believe that its Spa straightline speed deficit to Red Bull will prove to be a concern at its home Formula 1 race at Monza next weekend.

Motorsport

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Autosport

Ferrari: Straightline speed deficit to Red Bull at Spa not a concern for Monza

Ferrari does not believe its Spa straightline speed deficit to Red Bull will prove to be a concern at its home Formula 1 race at Monza next weekend.

Bangkok Post

Trade deficit widens in July, exports up but manufacturing disappoints

Thailand recorded a current account deficit of $4.1 billion in July after a deficit of $1.9 billion the previous month, the Bank of Thailand said on Wednesday.

ABC News

Katy Gallagher says the federal budget is in worse shape than many state and territory budgets. Is that correct?

Finance Minister Katy Gallagher says the federal budget is in worse shape than many state and territory budgets. Is that correct? RMIT ABC Fact Check investigates.

Irish Mirror

Rory McIlroy's classy embrace with Scottie Scheffler's family after FedEx Cup

McIlroy remarkably overturned a six-shot deficit in the final round of the Tour Championship to become the first player to win the FedEx Cup three times

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Autosport

When can Verstappen clinch the 2022 F1 world title?

Max Verstappen's dominance after the summer break has put him 109 points clear in the Formula 1 championship standings. Here's how he can win the title in the coming races.

Asharq Al-Awsat

KAPSARC Warns of Challenges Hindering Investments in Oil, Gas

Industry investment should increase during the next two years, otherwise, the world risks a significant deficit of oil and gas supply by 2025 and beyond, found a report by the King Abdullah Petroleum Studies and Research Center (KAPSARC). It also warned of a high probability of the price of oil…

Tribune News Service

Commentary: A miss in the Inflation Reduction Act: Better paid leave policies

The Inflation Reduction Act is now law. In the long run, the law is expected to have beneficial effects on deficit reduction as per the Congressional Budget Office. Through extensions of Affordable Care Act subsidies and prescription drug pricing reforms, it aims to decrease health care expenditures for seniors and…

Reuters

Sri Lanka in 'final stage' of IMF talks; budget deficit widens

Crisis-hit Sri Lanka unveiled fresh measures on Tuesday in an interim budget aimed at clinching a bailout package from the International Monetary Fund, talks for which, the president said, had reached the "final stage".

Asharq Al-Awsat

Egypt Sees Budget Deficit Narrowing to 5.6% of GDP this Year

Egypt expects more progress on reducing its budget deficit this year and a foresees a decline in its debt ratio after currency devaluations caused it to rise last year, Finance Minister Mohamed Maait told a news conference on Monday. The deficit was expected to narrow to 5.6% of gross domestic…

Irish Mirror

Rory McIlroy celebrates €18million FedEx Cup win with heartwarming video call to daughter Poppy

The Hollywood man remarkably overturned a six-shot deficit in the final round of the Tour Championship to become the first player to win the FedEx Cup three times

Irish Mirror

FedEx Cup prize money as Rory McIlroy pockets a fortune

The Hollywood man remarkably overturned a six-shot deficit in the final round of the Tour Championship

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