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The Latest Breaking News from Deficit

Nearly 20 councils in England ‘at risk of insolvency’ due to Send costs

Exclusive: Councils say multibillion-pound debts caused by years of overspends on special educational needs support

The Guardian - UK

Trump’s tariffs could push grocery prices even higher, but there are steps Canada could take to protect consumers

The first months of Donald Trump’s presidency have been defined by a single word: tariffs. He has framed tariffs as a panacea to the woes of the American economy, promising they will restore the country’s manufacturing sector and reduce the national deficit.

The Conversation

26 Relatable, Silly, And A Little Unhinged Illustrations Of Cows, Created By This Artist

If your life feels empty, maybe you’re just experiencing a deficit of cows! Worry no more as One Cow A Day is here to fix that with hilarious illustrations guaranteed to cheer you up. The post 26 Relatable, Silly, And A Little Unhinged Illustrations Of Cows, Created By This Artist…

Bored Panda

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Chelsea To Face Barcelona In Women's Champions League Semis After Man City Fightback

Chelsea's women overturned a two-goal first leg deficit to beat Manchester City 3-0 and set up a Champions League semi-final meeting with holders Barcelona on Thursday.

International Business Times

Sonia Bompastor marvels at Chelsea’s mental strength on ‘perfect night’

The manager was ‘proud’ Chelsea overcame a two-goal deficit against Manchester City to reach the Women’s Champions League semi-final

The Guardian - UK

French deficit came in lower than expected in 2024 but risks remain

The public deficit was 5.8% of GDP in 2024 instead of the expected 6%, yet the Minister of the Economy said it was "not good news".

Euronews

Arsenal save their season as Chloe Kelly’s redemption sparks stunning comeback

Arsenal 3-0 Real Madrid (Arsenal win 3-2 on aggregate): The Gunners completed a sensational comeback as they overturned a two-goal deficit to reach the semi-finals

The Independent UK

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No respite from tax burden on younger workers in budget

Young income earners will be increasingly called upon to fund rising public spending unless structural tax reforms are made in the next term of government.

AAP

Artist Illustrates Cows In Funny Situations, Meeting Your Daily Need For Cow Content (29 Pics)

If your life feels empty, maybe you’re just experiencing a deficit of cows! Worry no more as One Cow A Day is here to fix that with hilarious illustrations guaranteed to cheer you up. The post Artist Illustrates Cows In Funny Situations, Meeting Your Daily Need For Cow Content (29…

Bored Panda

Australia budget 2025: the seven graphs you need to see

These are pure Labor tax cuts – just what the ALP should be all about – but why are we still letting gas companies get off scot-free?

The Guardian - AU

Australia’s tax take is higher – but so are debt and deficit in this year’s budget

Higher-than-expected revenue has put the economy in a stronger position than last year and is helping fund pre-election policies including tax cuts

The Guardian - AU

Budget fundamentals smashed as storms cloud outlook

Australia's federal budget is forecast to eclipse $1 trillion in debt for the first time in 2025/26, as global challenges threaten the nation's coffers.

AAP

'Optimism' in budget as Australia seen turning a corner

The cost of living will be centre stage in the government's budget as many continue to do it tough, but a cabinet minister says there is reason to have hope.

AAP

Chalmers is handing down the federal budget – here’s what we know so far

There will be energy bill relief and a cap on the price of medicines at the treasurer’s big reveal on Tuesday, but Australia is heading back into deficit

The Guardian - AU

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BANG Premier

Sadie Frost refusing to throw big party for 60th birthday

Sadie Frost is refusing to throw a big party to celebrate her upcoming 60th birthday because she feels "overwhelmed" in "big social situations" due to her ADHD (attention deficit hyperactivity disorder).

FourFourTwo

How to watch France vs Croatia: Live streams for Nations League quarter-final second leg

France need to overturn a two-goal deficit at the Parc des Princes on March 23 – here's how to watch France vs Croatia online, on TV, and from anywhere.

The National (Scotland)

Ivan Jovanovic issues rallying cry as Greece face make-or-break Hampden clash

Greece manager Ivan Jovanovic has urged his players to produce a “perfect game” if they are to overturn a one-goal deficit against Scotland at…

Fortune

Trump’s tariffs program is based on flawed assumptions about the trade deficit

While persistent trade deficits are worrisome for many countries, that isn’t the case for the U.S.—and that’s a good thing.

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news in one place.

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The Guardian - AU

Expect a lot of talk about Australia’s deficit, but remember the golden rule: budgets are always about choices

The world trade system, and our ability to trust our biggest defence ally, is all gone to hell. What will Labor prioritise in the 2025 federal budget in such an uncertain global environment?

The Independent UK

Japan's exports surge in February, leaving a trade surplus as worries persist over Trump's tariffs

Japan has reported its exports grew at an 11% annual pace in February while imports declined slightly, leaving a surplus after two straight months of deficits as worries grow about President Donald Trump’s tariff hikes

Euronews

Germany’s economic sentiment hits 2-year high, EU exports to US soar

Germany’s economic sentiment hit a 2-year high, but the eurozone’s trade surplus fell sharply. EU exports to the US surged as firms frontloaded shipments ahead of potential Trump tariffs, while the trade deficit with China widened sharply.

Autosport

Red Bull reveals F1 upgrade plan to catch McLaren

Red Bull is aiming to introduce upgrades within "three to five races" to cure its main deficit compared to McLaren, says team advisor Helmut Marko.

Euronews

Tate museums to cut 7% of workforce amid financial challenges

Tate has announced that it is cutting 7% of its workforce, as the British arts institution grapples with a post-pandemic financial deficit. The move echoes major budget cuts for many cultural institutions globally, including major European museums.

Autosport

"Hell of a recovery" – but Piastri's already facing a major deficit in F1 title battle

Oscar Piastri’s sangfroid response to his painful Australian Grand Prix result will stand him well in the upcoming 2025 Formula 1 title battle with Lando Norris and Max Verstappen, but of the early contenders he alone now faces a big early points deficit.

Fortune

Trump claims tariffs will make the U.S. 'rich again.' But 5 undisputed facts about how they work throw cold water on that notion

What we know so far: Tariffs will have a huge effect on the economy—just not the one the President is projecting.

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