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The Latest Breaking News from Deficit

Five ways that the super-strong US dollar could hurt the world economy

The US dollar has been on a major surge against major global currencies in the past year, recently hitting levels not seen in 20 years. It has gained 15% against the British pound, 16% against the euro and 23% against the Japanese yen.

The Conversation

Egypt Registers Primary Surplus of $5.2 Billion

Egypt registered a primary surplus of EGP98.5 billion ($5.23 billion) in the 2021/22 financial year to June 30, the country’s finance ministry said on Thursday. The overall budget deficit stood at 6.1% of GDP, the statement added. Meanwhile, Egypt’s annual urban consumer inflation slowed to 13.2% year-on-year in June from…

Asharq Al-Awsat

Latest RBI moves to stabilise rupee face many economic hurdles

Economists estimate FY current account deficit to exceed 3%

The Hindu

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TikToker who lost 18 stone shares B&M’s best low-calorie crisps for weight loss

Neil Scurrah lost 18 stone through his diet, which he says allows you to still enjoy your favourite crisps. The Real Loss Boss believes in creating a "calorie deficit" but says it is not about not eating.

Daily Record

Change in rain pattern in Kerala: A wet week enough to offset deficit of a dry month

Late surge aided by low pressure over Bay of Bengal and monsoon trough

The Hindu

Saudi Arabia Forging ahead with Economic Reforms, Tackling Rising Costs

Saudi Arabia is carrying on with its economic reform process to achieve economic sustainability and mitigate the effect of global economic changes and developments. The government has developed financial planning that has contributed to creating tools capable of influencing and handling financial and economic variables. These tools have also been…

Asharq Al-Awsat

A matter of import: On spectre of wider trade and current account deficits

Spectre of wider trade and current account deficits is dragging the rupee down

The Hindu

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Despite Sanctions, German Exports To Russia Up More Than 29%

Germany saw its first trade deficit in three decades in May while its exports to Russia took an unexpected upward spike, despite sanctions against the government of Vladimir Putin.

Benzinga

Exports rise 16.78% to $37.94 billion in June; trade deficit at record $25.63 billion

NEW DELHI: India's merchandise exports in June rose by 16.78 per cent year-on-year to $37.94 billion while the trade deficit ballooned to a record $25.63 billion, according to the government's preliminary data released on Monday.

The Times of India

Germany records first monthly trade deficit since 1991 as inflation soars

May’s €1bn deficit came as rising prices, falling demand and supply chain disruption hit industrial base

The Guardian - UK

Govt. said to remain committed to 6.4% fiscal deficit target for FY23

‘Centre taking steps to deal with high global crude oil prices’

The Hindu

9/11 World Trade Center Health Program has $3B looming deficit

NEW YORK — The failure of President Joe Biden’s ambitious "Build Back Better" funding bill last December also had another casualty — nearly $3 billion meant to plug a looming deficit in the World Trade Center Health Program.

Tribune News Service

So the arguments over Brexit are done and dusted for a generation. Really, Tony Blair?

We desperately need to rejoin the single market and customs union, whatever the former PM thinks

The Guardian - UK

After two comebacks, Phillies can’t rally a third time Saturday against Cardinals

PHILADELPHIA — The Phillies were on the verge of a comeback on Saturday. They dug themselves into a five-run deficit in the top of the first inning, fell behind again, 6-5, in the top of the fifth, and again, 7-6, in the top of the ninth. Those first two times,…

The Philadelphia Inquirer

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Los Angeles Times

Analysis: UCLA's move to Big Ten is a win before kickoff for Martin Jarmond and Bruins

LOS ANGELES — UCLA's athletic deficit crisis could be solved by a new benefactor freely spewing cash.

The Hindu

Deficient rainfall in first month of monsoon in Karnataka

Coastal and Malnad too see similar trend, South Interior Karnataka sees large excess

The Times of India

Centre's fiscal deficit at 12.3% of full year target in May: Report

NEW DELHI: The central government's fiscal deficit at the end of May stood at 12.3 per cent of the annual budget target for 2022-23, mainly due to higher expenditure, according to official data released on Thursday.

Benzinga

U.S. Consumer Confidence And Other Macro Issues For Tuesday

Federal Reserve Bank of Richmond President Thomas Barkin is set to speak at 8:00 a.m. ET. An advance report on U.S. international trade in goods for May is scheduled for release at 8:30 a.m. ET. The US goods deficit is projected to shrink further to $102.0 billion in May after…

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Benzinga

5 Key Benefits Of Promoting Transparency In The Workplace

By Kiara Miller Do you think transparency is a much-talked-about idea in the workplace? Rather, it is correct to say that transparency is an underrepresented idea in the corporate world. There is always a deficit between employees’ expectations of transparency and organizations’ response to the same.

The Times of India

Karnataka: Rain deficit in Malnad worries ryots

MYSURU: After good pre-monsoon rain, the Malnad areas of Mysuru region are witnessing a deficit in rainfall, which has affected farming. These areas have recorded over 50 per cent rainfall deficit.

Chicago Tribune

Chicago Cubs rally to win a series against the St. Louis Cardinals — then the subject turns to trade speculation

ST. LOUIS — The Chicago Cubs rallied from a five-run deficit Sunday to beat the St. Louis Cardinals 6-5 in 10 innings, taking the series and ending a 17-games-in-17-day stretch with a 5-12 record.

USA Today Sports Media Group

Lightning could join this extremely exclusive club with comeback from 3-1 series deficit in Stanley Cup Final

The only other team to make history isn't one you'll expect.

The Times of India

Govt contained fiscal deficit: Andhra Pradesh finance minister Buggana Rajendranath

AMARAVATI: Finance minister Buggana Rajendranath has said that in the last three years the state has performed well. He said the YS Jagan Mohan Reddy-led government courageously handled the Covid-19 situation by continuing all welfare schemes.

The National (Scotland)

New warning on university financing as staff subsidise higher education

New economic analysis estimates that Scottish universities are running deficits that are subsidised by staff and shortfalls in financing the…

Edinburgh Live

West Lothian SNP accused of 'throwing toys out the pram' over representation

The SNP refused to take seats on the Licensing Board, and again hit out at a 'democratic deficit' on new council committees.

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