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The Latest Breaking News from Deficit

The 'little boy' in the Pacific, India's monsoon and the big test ahead

India's crucial monsoon season has begun sluggishly, with a significant rainfall deficit raising concerns for the farm economy. Delayed sowing of key crops like rice and oilseeds is evident, particularly in central India. The strengthening El Niño phenomenon adds to the uncertainty, potentially impacting food inflation, agricultural exports, and imports.…

The Economic Times

Food inflation projected to average 6% in FY27 amid rainfall deficit concerns: CareEdge Ratings

India faces a challenging economic outlook with food inflation projected at 6% and CPI at 5% in FY27, largely due to a severe monsoon deficit impacting agriculture. Despite a widening non-oil trade deficit, strong services exports and a surge in FDI inflows are providing crucial support. Remittances also show robust…

The Economic Times

EU officials fear leaders will balk in confronting China

Despite acknowledging severe stakes, leaders struggle to agree on tangible steps to address a massive trade deficit and Chinese state subsidies.

The Economic Times

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Magnesium Deficiency Is Behind Your Fatigue, Anxiety, and Muscle Cramps, And Most Indian Diets Fall Short

The mineral your blood test won't catchOnly about 1% of the body's magnesium circulates in the blood. The rest is stored in bone and soft tissue. This is why a standard serum magnesium test can return a normal reading while your cells are running low, and why most doctors don't…

Times Life

Analyst predicts baht uptick in H2

The narrowing trade deficit and easing inflationary pressure should support the baht regaining strength against the US dollar late in the third quarter this year, reversing a short-term depreciation trend, says Siam Commercial Bank Financial Markets (SCB FM).

Bangkok Post

Soccer: Belgian fury fuels unlikely comeback to down unlucky Senegal

Belgium staged a dramatic comeback against Senegal, overturning a 2-0 deficit to secure a crucial victory. Despite a heated on-field argument between key players Youri Tielemans and Leandro Trossard, the duo later combined for the equalizer, with Romelu Lukaku adding another. Tielemans ultimately sealed the win with a penalty, showcasing…

The Economic Times

AI could wipe $2.2 trillion off the national debt, but there's a catch

A new Brookings/Fed paper finds AI productivity could meaningfully shrink the U.S. deficit — until you count the side effects, which could erase more than half the savings before Washington even cashes the check.

Fortune

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Crude Oil Weakness Pressures Sugar Prices

October NY world sugar #11 (SBV26 ) on Thursday closed down -0.14 (-0.93%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +0.20 (+0.04%). Sugar prices settled mixed on Thursday, with London sugar posting a 9.75-month nearest-futures high. NY sugar fell on Thursday, and London sugar erased most...

Barchart

Why Ferrari fears "deficit could be twice as big" to Mercedes at Silverstone and Spa

Lewis Hamilton and Charles Leclerc believe the layout of the next two circuits on the F1 calendar will place an even greater emphasis on power unit performance and energy management

Autosport

"Deficit could be twice as big" – Why Ferrari expects “tough” F1 weekends at Silverstone and Spa

Lewis Hamilton and Charles Leclerc believe the layout of the next two circuits on the F1 calendar will place an even greater emphasis on power unit performance and energy management

Motorsport

Sugar Prices Pressured by Weakness in Crude Oil

October NY world sugar #11 (SBV26 ) today is down -0.15 (-1.00%), and Aug London ICE white sugar #5 (SWQ26 ) is down -0.10 (-0.02%). Sugar prices are moving lower today, with London sugar falling from a 9.75-month nearest-futures high. Sugar is under pressure today amid weakness in crude oil...

Barchart

McKinsey chairs: Building a more resilient industrial base may require $2 trillion in investment

U.S. factories could replace half the trade deficit just by running harder. Closing the gap on semiconductors and other critical goods is a much bigger lift.

Fortune

World Cup 2026: Belgium and England escape elimination against Senegal and DR Congo

We've now seen two of the most thrilling games at the World Cup so far, with tears of joy for some, and of sadness and shock for others. Senegal were four minutes away from securing a place in the Round of 16 before Belgium turned their 2-0 deficit around to…

France 24

Europe growth hit more by China exports than bigger trade gap, Goldman says

Goldman Sachs highlights that China's growing market share, not just the trade deficit, is the primary concern for EU growth. Chinese manufacturers are increasingly competing with European firms globally. While the EU may adopt a more assertive trade policy, broad tariffs like those seen in the US are unlikely, as…

The Economic Times

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The Economic Times

Vedanta Aluminium shares jump over 3% as Emkay starts coverage with Buy call. 3 reasons why

Vedanta Aluminium shares surged after Emkay initiated coverage with a 'Buy' rating and a Rs 550 target, citing strong medium-term prospects. The brokerage anticipates a global aluminium deficit through 2028, driven by robust demand and supply constraints. Emkay believes structural cost reductions through backward integration will fuel earnings growth, positioning…

The Economic Times

FIFA World Cup 2026: Tielemans' 124:44 strike sets record as Belgium script historic comeback

FIFA World Cup match: Belgium staged a stunning comeback against Senegal, winning 3-2 after extra time thanks to Youri Tielemans' record-breaking 124th-minute penalty. This marked the latest goal ever in World Cup history. Belgium also overcame their latest two-goal deficit in regulation, with Romelu Lukaku and Tielemans scoring late to…

The Economic Times

Trump administration declines to renew North American trade deal, starts 10-year wind-down clock

The United States has declined to extend the USMCA trade deal, initiating a ten-year wind-down period. This move aims to reshore manufacturing and reduce trade deficits. Negotiations with Mexico and Canada are ongoing, focusing on automotive rules of origin. While Mexico seeks resolution, disagreements persist. The deal's future remains uncertain,…

France 24

World Cup 2026: Belgium stun Senegal with dramatic comeback and penalty heartbreak

Belgium staged an extraordinary second-half comeback to eliminate Senegal 3-2 in an epic Round of 32 encounter in Seattle, advancing to the last 16 after Youri Tielemans' coolly converted penalty in extra time. The Diables Rouges erased a two-goal deficit in a remarkable turnaround that sends them through despite Senegal's…

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news in one place.

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Barchart

Global Weather Risks Boost Sugar Prices

October NY world sugar #11 (SBV26 ) on Wednesday closed up +0.17 (+1.15%), and Aug London ICE white sugar #5 (SWQ26 ) closed up +8.30 (+1.75%). Sugar prices extended their week-long rally on Wednesday, with NY sugar posting a 7-week high and London sugar posting a 9.75-month nearest-futures high. Sugar...

Bangkok Post

Officials deny cutting public outlay in budget

Government officials have highlighted its allocation of more than 1.12 trillion baht in public investment to help drive economic growth in fiscal 2027.

Barchart

Sugar Prices Climb on Global Weather Risks

October NY world sugar #11 (SBV26 ) today is up +0.13 (+0.88%), and Aug London ICE white sugar #5 (SWQ26 ) is up +9.30 (+1.96%). Sugar prices extended their week-long rally today, with NY sugar posting a 7-week high and London sugar posting a 9.75-month nearest-futures high. Sugar prices are...

Autosport

McLaren still to investigate why it's losing to Mercedes on the straights, despite same PU

McLaren boss Andrea Stella says 30% of the team's current deficit to Mercedes lies on the straights

Motorsport

McLaren searching for answers behind losses to Mercedes on straights, despite same F1 power unit

McLaren boss Andrea Stella says 30% of the team's current deficit to Mercedes lies on the straights

The Economic Times

India's June power consumption rises 11.6% on heatwave, delayed monsoon

India's power consumption surged by 11.62% in June, reaching 166.46 billion units, driven by a severe heatwave and delayed monsoon. This pushed demand for cooling appliances, leading to a jump in peak power demand to 264.76 GW. Experts anticipate steady demand in July despite a projected rainfall deficit, following record-breaking…

The Economic Times

India's economic plot twist comes with one villain stepping aside, another waiting

India's economic outlook has improved as falling crude oil prices ease inflation, strengthen the balance of payments and prompt economists to raise GDP growth forecasts. But the optimism comes with fresh risks, including an uneven monsoon, food inflation, geopolitical tensions in West Asia and uncertainty over global commodity prices, making…

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