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The Latest Breaking News from Deficit

Editorial: GOP opposition to climate-and-drug bill highlights party's twisted priorities

Senate Democrats over the weekend passed legislation to help industry and individual Americans move to cleaner energy, make corporations pay their fair share in taxes and lower prescription prices for struggling seniors, all while lowering the deficit and, potentially, inflation. Republicans’ sole contribution to this historic package was to keep…

St. Louis Post-Dispatch

Bihar: BJP on back foot as political temperature surges

PATNA: The political developments in Bihar not only exposed the chinks in the armour of CM Nitish Kumar's JD(U), but also its trust deficit with ally BJP. The reported telephone talks between Nitish and Congress chief Sonia Gandhi on Monday have further raised the political temperature in Bihar.

The Times of India

The Inflation Reduction Act Won't Meaningfully Address the Budget Deficit

Congress has added $2.4 trillion to the long-term deficit since President Joe Biden took office. Now they want credit for reducing the deficit by $300 billion?

Reason

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NHS trust could face £8.5m deficit this year - as vacancy rates and staff sickness see big spend on agency workers

The CNTW NHS Trust is dealing with pressures on three fronts - staffing, finances and demand for services.

Chronicle Live

Explainer: What India’s external debt position tells about its economy

NEW DELHI: A depreciating rupee and contracting foreign exchange reserves raised concerns about India's external debt position.

The Times of India

5 Rangers burning issues as Gio van Bronckhorst faces Morelos, McGregor and Kent dilemmas ahead of Champions League crunch

The Ibrox side have to do something they have never managed in their history by overturning a two-goal first leg deficit in Europe and the Dutchman has some big decisions to make.

Daily Record

Is Rangers vs Union Saint Gilloise on TV? Live stream and kick-off details for Champions League clash at Ibrox

It's going to be a huge night in Govan as the Belgians come to town with Giovanni van Bronckhorst's men looking to overturn a two-goal deficit.

Daily Record

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Argentina's economy chief names new energy secretary

Argentina's economy chief Sergio Massa appointed on Sunday a new head of the energy secretariat, which in recent years has doled out multi-million dollar subsidies that have led to a widening budget deficit.

Reuters

Ramesh Ponnuru: The Democrats are taking Joe Manchin for a ride

In the week since he reached a deal with Senate majority leader Chuck Schumer on the “Inflation Reduction Act,” Sen. Joe Manchin has been everywhere promoting it. One of the West Virginia Democrat’s top selling points is the promise to speed up permitting for U.S. energy production.

Tribune News Service

Is the declining rupee a crisis or an opportunity?

There is an expectation of further depreciation, which can lead to further capital outflows

The Hindu

Dow Drops Over 100 Points; U.S. Trade Deficit Shrinks To This Level In June

U.S. stocks traded lower this morning, with the Dow Jones falling more than 100 points on Thursday.

Benzinga

Love Island's Jacques was 'so angry' with mum for sharing ADHD diagnosis

Jacques O'Neill was still living in the Love Island villa when his mother Janet Wright decided to defend her son and confirmed he had been diagnosed with attention deficit hyperactivity disorder at the age of nine

Daily Mirror

Warning of Universal Credit income deficit for millions

Households on Universal Credit are being warned of a cut to income from October.

The National (Scotland)

Everyone on Universal Credit warned of income deficit from October

Charity warns over impending move

Wales Online

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The Hindu

Trade worries: On the expanding trade and current account deficits

The burgeoning trade deficit is set to swell the current account deficit

The Times of India

Govt releases 5th instalment of revenue deficit grant of Rs 7,183 crore to 14 states

NEW DELHI: The finance ministry on Wednesday released the fifth instalment of revenue deficit grant of Rs 7,183 crore to 14 states for the current fiscal.

Reuters

Bangladesh seeking $2 Billion from World Bank, ADB - Bloomberg News

Bangladesh is seeking $2 billion from the World Bank and the Asian Development Bank (ADB) amid efforts to bolster its foreign exchange reserves, Bloomberg News reported on Wednesday.

The Times of India

Exports decline marginally to $35.24 billion in July; trade deficit triples

NEW DELHI: Exports dipped, though marginally, for the first time in 17 months in July, while trade deficit tripled to a record $31 billion fuelled by over 70 per cent rise in crude oil imports.

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The Canberra Times

Barr's got a $1b windfall, but it won't be used for expanding services

A booming Canberra population has handed the territory a larger share of GST revenue.

USAFacts

What is the budget reconciliation process and why is it important?

Congress passed reconciliation bills for 77% of budget resolutions since 1981.

Chronicle Live

You may have ADHD if you have five or more of these symptoms

Many assume that ADHD consists solely of hyperactivity and constant surges of energy - but these are just the tip of the proverbial iceberg.

Tribune News Service

Sal Perez’s home run lifts Kansas City Royals over Yankees in series finale at New York

NEW YORK — Salvador Perez’s three-run home run in the top of the ninth inning turned a one-run deficit into a two-run lead for the Kansas City Royals.

Motorsport

Jaguar's Evans explains brake issue that hit Formula E title bid

'Strange behaviour' on Mitch Evans' Jaguar Formula E car's brakes preceded his London E-Prix retirement, but he refuses to give up on the title despite a 36-point deficit to Stoffel Vandoorne.

Autosport

Evans explains "strange" braking behaviour that led to London Formula E retirement

'Strange behaviour' on Mitch Evans' Jaguar Formula E car's brakes preceded his London E-Prix retirement, but he refuses to give up on the title despite a 36-point deficit to Stoffel Vandoorne.

The Hindu

Data | Why the rupee is under pressure — explained in seven charts

Amid the geopolitical tensions and increases by the Fed to combat U.S. inflation, the rupee has been on a downward spiral. Slowing exports and an inflated import bill have also weighed down the local currency. In order to iron out sharp volatility in the rupee, the RBI has dipped into…

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