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The Latest Breaking News from Deficit

Joe Biden's Phony Fiscal Responsibility

Biden gloats over a historically astronomical budget deficit as if he's accomplished something significant. He hasn't.

Reason

Economic speed bumps yes, but no breakdown

Nepal’s vulnerability has been exposed by the lack of pragmatic policy interventions and abrupt moves towards self-sufficiency

The Hindu

Staff members in all eight divisions of LIC protest

‘Govt. is desperate to sell shares of LIC to mop up resources for meeting fiscal deficit’

The Hindu

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read the most diverse news in one place.

‘Truly outrageous’: Biden touts deficit reduction as he attacks ‘extreme Maga’ plan to sunset Social Security and raise taxes

‘This Maga crowd is really the most extreme political organization that's existed in American history’

The Independent UK

Prediction for Rangers vs RB Leipzig: Gers could give Ibrox crowd a night to remember

Rangers might have been underestimated by the bookmakers as they aim to reverse a one-goal first-leg deficit against RB Leipzig

Daily Record

Data | Behind the numbers: Perspective on the $400 billion export mark

Even though exports achieved their peak in absolute terms in FY22, as a % GDP they were relatively lower than the levels recorded in FY14

The Hindu

India's Biggest IPO Enjoys Analyst Confidence Thanks To Attractive Valuation, Retail Investor Discount

India's largest IPO has started taking orders from individuals and other categories after attracting anchor investors, Bloomberg reports. Retail investors can place their orders for shares of India's state-controlled Life Insurance Corporation until May 9. Also Read: India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment Retail investors will be allocated 35%…

Benzinga

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With deficit falling, Biden pivots to fiscal responsibility

President Joe Biden plans to highlight deficit reduction in remarks noting that the government will pay down the national debt this quarter for the first time in six years

The Independent UK

Will the Boston Celtics get revenge in their series against the Milwaukee Bucks?

A 0-2 deficit will be very difficult for Boston to overcome.

USA Today Sports Media Group

Exports up 24% to $38 billion in April; trade deficit widens to $20 billion

NEW DELHI: Exports rose by 24.22 per cent to a monthly record high of $38.19 billion in April on account of healthy performance by sectors like petroleum products, electronic goods and chemicals, even as trade deficit widened to $20 billion during the month, the commerce ministry said on Tuesday.

The Times of India

Victoria’s treasurer flags surplus in 2025/26 ahead of the state budget

Tim Pallas says Tuesday’s budget shows the state performed better than expected this financial year

The Guardian - AU

Unai Emery claims Villarreal will need ‘perfect game’ to beat Liverpool

Villarreal must overturn a 2-0 deficit in their Champions League semi-final but Liverpool have not lost by more than two goals all season

The Guardian - UK

FDA Approves Expanded Use Of Supernus' Viloxazine In Adult ADHD Patients

The FDA approved an expanded indication for Supernus Pharmaceuticals Inc's (NASDAQ:SUPN) Qelbree (viloxazine extended-release capsules) for attention deficit hyperactivity disorder (ADHD) in adult patients aged 18 and older. The FDA has now approved Qelbree for ADHD in children (starting at age 6), adolescents, and adults. Qelbree is a novel non-stimulant taken once daily for…

Benzinga

Anthony Albanese says debt and deficit have never been higher. Is that correct?

Opposition Leader Anthony Albanese says that debt and deficit in Australia have never been higher. RMIT ABC Fact Check takes a look at the history books.

ABC News

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Asharq Al-Awsat

Turkey’s Trade Deficit Widens Amid Efforts to Attract Hard Currency

Turkey’s trade deficit surged 75% year-on-year in March to $8.17 billion, mainly due to a 30.7% rise in imports, data showed on Friday. According to the Turkish Statistical Institute, exports climbed by 19.8% to nearly $22.71 billion versus imports of around $30.88 billion. Turkey has launched a new economic program…

Asharq Al-Awsat

Tunisia’s Dinar Hits Record Low Versus Dollar

Tunisia’s dinar currency has fallen to record lows versus the dollar, driven down by high inflation, a worsening trade deficit and the severe impact of the Ukraine crisis on public finances. It traded at 3.074 against the dollar on Thursday, central bank data showed on Friday. Energy Minister Naila Nouira…

The National (Scotland)

Van Bronckhorst confident of Europa League comeback as he insists 'Ibrox will give us energy'

GIOVANNI van Bronckhorst has remained confident Rangers can overturn a slender one-goal deficit at Ibrox next week.

The Times of India

Substitute Jesin TK strikes five times as Kerala enter Santosh Trophy final

MALAPPURAM: Substitute Jesin TK scored an unprecedented five goals as fancied Kerala overcame a deficit to hammer Karnataka 7-3 and storm into the final of the Santosh Trophy national football championship on Thursday.

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The Guardian - US

Sounders play comeback kings Pumas at own game in Concacaf Champions League final

Seattle came back from a two-goal deficit amid a hostile atmosphere as they attempted to score a rare continental triumph for MLS

Tribune News Service

US economy posts surprise contraction with trade gap surging

The U.S. economy unexpectedly shrank last quarter, the first contraction since 2020, as a ballooning trade deficit and softer inventory growth belied an otherwise solid consumer and business demand picture.

The Philadelphia Inquirer

Flyers get shut out by the Winnipeg Jets, 4-0, in second-to-last game of the season

WINNIPEG, Manitoba — After going down 2-0 to the Winnipeg Jets on Wednesday night at Canada Life Centre, the Flyers were tasked with the impossible: coming back from a two-goal deficit to win the game.

Benzinga

Economic Data Scheduled For Wednesday

The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET. An advance report on U.S. international trade in goods for March will be released at 8:30 a.m. ET. The US goods deficit is projected to decline to $105.0 billion in March…

The Independent UK

Comeback Grizzlies rally again from big deficit for 3-2 lead

The Memphis Grizzlies keep proving that no deficit is too deep to claw their way back to victory

Chicago Tribune

Paul Sullivan: Mission impossible? With season on the line, Chicago Bulls may have to rely on reserves to save the day.

The Chicago Bulls never have come back from a 3-1 deficit to win a best-of-seven playoff series, so the odds of them taking the next three games from the Milwaukee Bucks already were slim before Zach LaVine entered health and safety protocols for COVID-19 on Tuesday.

Tribune News Service

Manchin and Schumer discuss new tax hike, deficit cut proposal

WASHINGTON — Key holdout Sen. Joe Manchin said Tuesday he discussed a tax increase and deficit reduction bill with Senate Majority Leader Chuck Schumer as a way to reduce soaring inflation.

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