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The Latest Breaking News from Deficit

The “Inflation Reduction Act” Will Do Almost Nothing That Joe Manchin Says It Will

By James D.

Zenger

Supreme Court's student loan decision will lower US deficit according to new White House projection

The Supreme Court ruling that upended President Joe Biden’s plan to forgive student loan debt changed his budget math

The Independent UK

Charting the path for the Sixteenth Finance Commission

The Sixteenth Finance Commission has much work ahead

The Hindu

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Coffee Closes Lower on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) on Friday closed down -3.55 (-2.20%), and Sep ICE robusta coffee (RMU23 ) closed down -85 (-3.18%). Coffee prices Friday settled moderately lower. After posting a 1-month high on Monday, arabica coffee prices have been under pressure the remainder of the week as dry conditions...

Barchart

Brazil Harvest Pressures Weigh on Coffee Prices

Sep arabica coffee (KCU23 ) this morning is down -3.10 (-1.92%), and Sep ICE robusta coffee (RMU23 ) is down -77 (-2.88%). Coffee prices this morning are moderately lower. After posting a 1-month high on Monday, arabica coffee prices have steadily declined as dry conditions in Brazil have accelerated the...

Barchart

Guide farmers in growing climate-resilient crops, says MLA

Newly-elected MLA for Melkote Darshan Puttanaiah on Friday told the officials of the Department of Agriculture to guide farmers in cultivating climate-resilient crops that help them deal with the losses they incur over their crops getting destroyed by either deficit or excessive rains.

The Hindu

Coffee Prices Settle Mixed as Brazil Harvest Pressures Undercut Arabica

Sep arabica coffee (KCU23 ) on Thursday closed down -1.70 (-1.04%), and Sep ICE robusta coffee (RMU23 ) closed up +31 (+1.17%). Coffee prices Thursday settled mixed. Arabica was under pressure as dry conditions in Brazil accelerated the country's coffee harvest. Cooxupe, Brazil's coffee export cooperative, reported Wednesday that Brazil's...

Barchart

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Sugar Prices Recover on Projections for a Global Sugar Deficit

Oct NY world sugar #11 (SBV23 ) on Thursday closed +0.04 (+0.16%), and Oct London white sugar #5 (SWV23 ) closed +0.20 (+0.03%). Sugar prices Thursday recovered from 1-week lows and closed slightly higher. Short covering emerged in sugar futures Thursday after Tropical Research Services said the global sugar market...

Barchart

Arabica Coffee Prices Slip on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) this morning is down -1.70 (-1.04%), and Sep ICE robusta coffee (RMU23 ) is up +31 (+1.17%). Coffee prices this morning are mixed. Arabica is under pressure as dry conditions in Brazil have accelerated the country's coffee harvest. Cooxupe, Brazil's coffee export cooperative, reported Wednesday...

Barchart

Economist Warns Of Imminent Collapse As Dow’s Winning Streak Continues

Peter Schiff compares current market rally to pre-1987 crash, citing rising interest rates and trade deficits.

Zenger

Shedding more light on the debt dilemma

Even when the sustainability of debt may not be threatened in the medium term, the costs of carrying high deficits and debt to the economy are heavy

The Hindu

Coffee Settles Higher on Brazilian Real Strength

Sep arabica coffee (KCU23 ) on Wednesday closed up +1.30 (+0.80%), and Sep ICE robusta coffee (RMU23 ) closed up +11 (+0.46%). Coffee prices Wednesday shook off early losses and closed moderately higher. Strength in the Brazilian real sparked short covering in coffee futures. The real (^USDBRL ) Wednesday rose...

Barchart

Coffee Recovers Early Losses on Brazilian Real Strength

Sep arabica coffee (KCU23 ) this morning is up +1.55 (+0.96%), and Sep ICE robusta coffee (RMU23 ) is up +12 (+0.46%). Coffee prices this morning shook off early losses and are moderately higher. Strength in the Brazilian real sparked short covering in coffee futures. The real (^USDBRL ) is...

Barchart

Incessant rains pound Nellore, motorists rue riding on waterlogged roads

SPSR Nellore district experienced light-moderate rain due to active southwest monsoon. Roads were flooded, causing protests from TDP activists. Despite June's 63% rainfall deficit, July's 76.4 mm rainfall compensated. Weathermen predict more rain in the next 48 hrs. Dagadarthi recorded 24.4 mm, Sydapuram 22.4 mm, T.P. Gudur 16.8 mm, Indukurpet…

The Hindu

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Barchart

Coffee Prices Close Lower on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) on Tuesday closed down -1.15 (-0.71%), and Sep ICE robusta coffee (RMU23 ) closed down -21 (-0.79%). Coffee prices Tuesday settled moderately lower. Drier conditions in Brazil that speed up the country's coffee harvest are bearish for prices. Somar Meteorologia reported Monday that Brazil's Minas...

Barchart

Coffee Prices Slip on Brazil Harvest Pressures

Sep arabica coffee (KCU23 ) this morning is down -0.70 (-0.43%), and Sep ICE robusta coffee (RMU23 ) is down -19 (-0.72%). Coffee prices this morning are moderately lower. Drier conditions in Brazil may speed up the country's coffee harvest and are bearish for prices. Somar Meteorologia reported Monday that...

Barchart

Coffee Settles Moderately Higher on Brazilian Real Strength and Tight Supplies

Sep arabica coffee (KCU23 ) on Monday closed up +1.15 (+0.71%), and Sep ICE robusta coffee (RMU23 ) closed up +47 (+1.81%). Coffee prices Monday rallied to 3-1/2 week highs and closed moderately higher. Strength in the Brazilian real (^USDBRL ) boosted coffee prices as the real Monday jumped to...

Barchart

Coffee Prices Supported by Strength in the Brazilian Real and Tight Supplies

Sep arabica coffee (KCU23 ) this morning is up +2.20 (+1.36%), and Sep ICE robusta coffee (RMU23 ) is up +50 (+1.92%). Coffee prices this morning rallied to 3-1/2 week highs and are moderately higher. Strength in the Brazilian real (^USDBRL ) is boosting coffee prices as the real today...

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The Hindu

Ensure effective implementation of Anna Bhagya, Gruha Lakshmi schemes, officials told

Minister Jarkiholi directs officials to set up goshalas in drought-affected areas, build new Deputy Commissioner's office, provide two-wheelers to physically challenged people, focus on getting own buildings for Anganwadi centres, and take up awareness programmes on Gruha Lakshmi scheme. Officials report 11% rainfall deficit for June and July, no threat…

The Hindu

Signs of monsoon revival: Storage position in Cauvery basin reservoirs still an area of concern

Monsoon revival in Cauvery basin brings hope of increased storage in major reservoirs, but current levels remain low. Harangi nearing full capacity of 8.50 tmc ft, KRS 17.05 tmc ft (34%), Hemavathi 19.75 tmc ft (53%), Kabini 2,275.49 ft (FRL 2,284 ft). Cumulative storage of four major dams in basin…

The Hindu

Leaders of Gupkar Alliance meet J&K L-G, plead for retaining SKIMS hospital’s autonomy

Gupkar Alliance leaders met J&K L-G to press for SKIMS autonomy & highlight staff shortage. Submitted memorandum to L-G, citing 50% staff deficit & lack of recruitment in 7 yrs. Raised concerns over quality of care due to shortage of manpower in SKIMS, SMHS & Children's Hospital.

Barchart

Coffee Rallies on Tight ICE Inventories and Brazilian Real Strength

Sep arabica coffee (KCU23 ) on Friday closed up +3.80 (+2.40%), and Sep ICE robusta coffee (RMU23 ) closed up +66 (+2.60%). Coffee prices Friday closed moderately higher on signs of tighter coffee supplies. ICE-monitored robusta coffee inventories on Thursday fell to a record low of 5,273 lots (data history...

Barchart

Coffee Prices Climb on Strength in Brazilian Real

Sep arabica coffee (KCU23 ) this morning is up +3.35 (+2.12%), and Sep ICE robusta coffee (RMU23 ) is up +55 (+2.17%). Coffee prices this morning are moderately higher. Strength in the Brazilian real (^USDBRL ) is bullish for coffee prices as the real today rallied to a 2-1/2 week...

The Guardian - UK

UK budget deficit falls in June but experts say tax cuts are unlikely

Jeremy Hunt says government needs to keep fiscal discipline as it attempts to halve inflation

Barchart

Arabica Coffee Closes Higher on Supply Concerns

Sep arabica coffee (KCU23 ) on Thursday closed up +2.55 (+1.64%), and Sep ICE robusta coffee (RMU23 ) closed down -68 (-2.61%). Coffee prices on Thursday settled mixed. Arabica has support from recent heavy rain in Brazil's Minas Gerais region that may delay the country’s coffee harvest. Somar Meteorologia reported...

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