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The Latest Breaking News from Deficit

Ratings agency S&P downgrades French credit score from AA to AA-

Ratings agency S&P on Friday downgraded France's credit score for the first time since 2013, citing a deterioration in the country's budgetary position.

France 24

Cocoa Prices Rise on ICCO's Larger Cocoa Deficit Estimate

July ICE NY cocoa (CCN24 ) Friday closed up +74 (+0.80%), and July ICE London cocoa #7 (CAN24 ) closed up +24 (+0.32%). Cocoa prices saw support after the International Cocoa Association raised its cocoa deficit estimate. On Friday, ICCO estimated a 439,000 MT cocoa deficit for 2023/24, 17% higher...

Barchart

Banning tyre warmers at Le Mans an "unsafe" choice, say Ferrari WEC drivers

Teams across both Hypercar and LMGT3 categories will not be allowed to artificially heat their tyres in the blue riband round of the World Endurance Championship on 15-16 June as per the updated sporting regulations for 2024. The WEC had originally imposed an outright ban on tyre warmers at the…

Autosport

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Friday favourite: The “trick” features that endeared Unser to Penske's forgotten car

The Penske PC27 is a somewhat improbable choice for Al Unser Jr’s favourite car. A two-time Indianapolis 500 winner and two-time IndyCar champion, he had his greatest successes at the wheel of the Lola T90/00, Galmer G92 and Penske PC23-94 in US open-wheel racing. By contrast, he went winless in the radical PC27…

Autosport

The Congressional Budget Office's Alternative Scenarios Forecast a Dire Economic Picture

Why aren't politicians on both sides more worried than they seem to be?

Reason

Fifth-grader raises $7,300 to pay off his entire school’s lunch debt

The leftover funds were donated to local high school for its own lunch money deficit

The Independent UK

'Bond King' Bill Gross warns Trump would worsen deficits and be 'more disruptive' for the bond market than Biden

"Trump is the more bearish of the candidates simply because his programs advocate continued tax cuts and more expensive things."

Fortune

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Short measuring costs average UK drinker £115 a year, study finds

Trading standards officers find 70% of test purchases of beer and wine have less of the drink than they should

The Guardian - UK

How to end the wasteful boom-bust cycle driving NZ’s infrastructure gap: new report

Debates about infrastructure often turn around money – with good reason. It’s estimated New Zealand’s infrastructure deficit – the amount we would need to spend to modernise, upgrade and build what we need today – is more than NZ$100 billion.

The Conversation

Jeremy Hunt’s tax cut plans face setback as government borrowing tops £20bn

ONS says budget deficit £1.5bn higher than previous year due to increased spending on benefits and weaker tax revenues

The Guardian - UK

Biden’s record on the economy is good but voters don’t feel it. Character, not policy, is key to victory

The economy is doing well – far better than under Trump – but Democrats must ask voters if they want a sociopathic infant with fascist tendencies

The Guardian - US

Japan racks up trade deficit as imports balloon due to cheap yen

Japan’s trade deficit in April grew nearly 8% from a year earlier as the weak yen boosted the cost of imports, offsetting a jump in exports

The Independent UK

Walking Tips For Belly Fat Loss And Weight Management Revealed

Learn how walking can help you lose belly fat by creating a calorie deficit and incorporating strength training for optimal results.

Top News

Platinum Deficit To Increase In 2024, WPIC Reports

World Platinum Investment Council forecasts platinum deficit in 2024 due to supply challenges, impacting market dynamics.

USA Today Sports Media Group

Player grades: Thunder struggles to score in 105-101 Game 3 loss to Mavericks

DALLAS - Down three points, Shai Gilgeous-Alexander tried to erase the deficit in a single moment. An ambitious MVP runner-up attempted a stepback 3-pointer over Dereck Lively II that hit the backboard with a minute left. This was OKC's best shot in ...

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