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The Latest Breaking News from Deficit

University finances are in a perilous state – it’s the result of market competition and debt-based expansion

The higher education sector in the UK is in financial crisis. Over 60 institutions have announced severance or redundancy programmes, and around 40% expect to be in deficit in 2023-24.

The Conversation

France's Lavish State Dinners Overspend, EU Issues Warning

France's extravagant state dinner for King Charles III of England incurred a €475,000 expense, contributing to a budget deficit and EU criticism.

Top News

Proportional representation? The House of Lords is the best place to start

Letters: Former Labour MP Liz McInnes says a House of Lords elected by PR would address the democratic deficit at the heart of government. Plus a letter from Rosanne Bostock

The Guardian - UK

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French state to bail out New Caledonia electricity provider

France has granted a "repayable advance" of €14.2 million to Enercal, the main provider of New Caledonia's electric grid, which is running a chronic budget deficit.

Radio France Internationale

Greening the desert: is Sisi’s grand plan using up all of Egypt’s water?

The ‘Future of Egypt’ envisages turning tracts of desert into farmland to grow crops for exports. But with sky-high food price inflation and a water deficit, critics doubt it is viable

The Guardian - UK

Hong Kong Young Fencers Draw Inspiration From Olympic 'Sword Queen'

Twelve-year-old Hong Kong fencing beginner Lloyd got a new role model over the weekend -- "Sword Queen" Vivian Kong Man-wai, who clawed back a 7-1 deficit in the women's epee final to win Olympic gold in Paris.

International Business Times

How has the federal budget changed over time?

In fiscal year 2023, federal spending remained higher than before the pandemic.

USAFacts

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EU reprimands France and six other EU countries for breaking budget rules

The European Council on Friday launched formal action against France, Italy and five other EU countries for breaking the bloc's budget rules, kickstarting a procedure forcing them to negotiate a plan with Brussels to get their deficit levels back on track.

France 24

UNICEF warns of $23 million deficit in Haiti's education system as it announces grant

Schools in Haiti’s capital and beyond are crumbling as gang violence deepens poverty and disrupts basic government services as the state education system faces a $23 million deficit

The Independent UK

Congressional Budget Office Estimates Recent Increase in Immigration will Reduce the Budget Deficit

A new CBO report concludes it will save the federal government almost $1 trillion over the next ten years.

Reason

I tried eating more fruit and vegetables and I've never felt less hungry

I always struggle to maintain a calorie deficit, but boosting my plant intake made it easy

Fit & Well

Nigeria’s chronic power shortages: mini grids were going to crack the problem for rural people, but they haven’t. Here’s why

Electricity is a scarce commodity in Nigeria. With just over 4,000 megawatts supplying nearly 220 million people, the electricity access deficit stands at about 40% nationwide. The picture looks even darker in rural areas. There, 73% of the population is off the power grid.

The Conversation

London E-Prix: Evans cuts points deficit with pole, Cassidy only 17th

Mitch Evans claimed pole for this weekend’s first London E-Prix, reducing the points gap to Jaguar team-mate and Formula E championship leader Nick Cassidy, who will start down in 17th.

Motorsport

Coffee Prices Retreat as Brazil's Coffee Harvest Picks Up Pace

September arabica coffee (KCU24 ) today is down -3.70 (-1.54%), and Sep ICE robusta coffee (RMU24 ) is down -10 (-0.22%). Coffee prices today fell to 1-week lows and are moderately lower. Coffee harvest pressures in Brazil are negative for prices after Safras & Mercado reported today that Brazil's 2024/25...

Barchart

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Evening Standard

Gloomy economic data deals fresh blow to new Chancellor Rachel Reeves

The scale of the challenge facing Britain’s new Chancellor Rachel Reeves was laid bare today after a flurry of fresh data betrayed an economy stuck in reverse gear and a Treasury saddled with ballooning deficits.

Barchart

Coffee Prices Settle Lower as the Brazilian Real Weakens and ICE Inventories Climb

September arabica coffee (KCU24 ) on Thursday closed down -2.25 (-0.93%), and Sep ICE robusta coffee (RMU24 ) closed down -91 (-1.99%). Coffee prices Thursday closed moderately lower, with robusta posting a 1-week low. Weakness in the Brazilian real (^USDBRL ) weighed on coffee prices as the real Thursday dropped...

Barchart

Coffee Prices Pressured by Brazilian Real Weakness and Increased ICE Inventories

September arabica coffee (KCU24 ) today is down -0.70 (-0.29%), and Sep ICE robusta coffee (RMU24 ) is down -81 (-1.77%). Coffee prices today are trading lower, with robusta falling to a 1-week low. Weakness in the Brazilian real (^USDBRL) weighed on coffee prices as the real today dropped to...

Fortune

The 5 biggest weight loss myths that ‘need to die,’ according to an obesity doctor

If you’ve ever tried to lose weight, you may have experienced one of these popular pitfalls.

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The Independent UK

Japan's trade deficit for first half declines as exports recover

Japan has reported it logged a trade surplus in June, the first in three months, highlighting a recovery in exports

Barchart

Coffee Prices Post Modest Losses as Dry Conditions Ease in Brazil

September arabica coffee (KCU24 ) on Wednesday closed down -0.45 (-0.18%), and Sep ICE robusta coffee (RMU24 ) closed down -2 (-0.04%). Coffee prices Wednesday posted modest losses. Recent rain in Brazil has eased dryness concerns and is weighing on arabica prices. Meanwhile, robusta is under pressure after ICE-monitored robusta...

Barchart

Coffee Prices Slip on Rain in Brazil and Increased ICE Robusta Inventories

Coffee prices are down a bit today. Rains in Brazil have helped alleviate concerns about dry conditions, putting downward pressure on Arabica coffee prices.

Barchart

Coffee Prices Settle Mixed and Consolidate Monday's Sharp Losses

September arabica coffee (KCU24 ) on Tuesday closed up +1.45 (+0.60%), and Sep ICE robusta coffee (RMU24 ) closed down -11 (-0.24%). Coffee prices Tuesday settled closed mixed as they consolidated Monday's sharp losses. Robusta gave up an early advance and turned lower after ICE-monitored robusta coffee inventories rose to...

Barchart

Coffee Prices Consolidate After Monday's Sharp Decline

September arabica coffee (KCU24 ) today is up +1.30 (+0.54%), and Sep ICE robusta coffee (RMU24 ) is down -17 (-0.37%). Coffee prices today are mixed as they consolidate Monday's sharp losses. Robusta gave up an early advance and turned lower after ICE-monitored robusta coffee inventories rose to a 1-year...

AAP

Boomers' 'grit' returns in massive US pre-Games scare

Australia have battled back from a 24-point deficit against a US team full of NBA All-Stars to lose by six points in their UAE Olympic warm-up.

Barchart

Coffee Prices Close Lower as Rain in Brazil Eases Drought Concerns

September arabica coffee (KCU24 ) on Monday closed down -6.60 (-2.65%), and Sep ICE robusta coffee (RMU24 ) closed down -34 (-0.74%). Coffee prices on Monday retreated due to increased precipitation in Brazil, which has alleviated concerns about dryness. Somar Meteorologia reported Monday that Brazil's Minas Gerais region received 4.6...

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