cbs12.com14h
Tax cuts, debt limit, spending caps: Congress faces key fiscal choices this year
The Fiscal Responsibility Act of 2023, which suspended the debt limit until last week, also established binding discretionary ...
The Economist22h
Does China have the fiscal firepower to rescue its economy?
The likely aim of China’s fiscal push is to bolster the confidence of households, according to Mr Zook. The more of their ...
Marketplace2d
The $78 billion trade deficit may look big. But compared to what?
The trade gap signals strong demand for imports, which can be a good sign for the economy. Also, it's been fairly stable ...
Trump Aims at a Lower Trade Deficit. He’s Likely to Miss, Again.
Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.
The Guardian Nigeria16d
Address infrastructural deficit, telecoms companies tell FG
Association of Telecommunications Companies of Nigeria (ATCON) has called on the Federal Government to address infrastructural deficit, economic constraints and systemic challenges of broadband ...
Indiatimes22d
What is deficit financing and why is it necessary in some countries?
Governments use deficit financing, borrowing or printing money, to cover budget shortfalls and stimulate economic growth. While crucial for development, particularly in countries like India, it ...
Couriermail22d
‘Unavoidable’: Treasurer Jim Chalmers defends budget deficit after revealing astonishing $21.9bn deficit blowout
the deficit forecast over 2025-26 will grow from $42.8bn to $46.9bn, or 1.6 per cent of Australia’s GDP, according to figures released in the Mid-Year Economic Fiscal Outlook (MYEFO).
headtopics23d
B.C. Economic Update: Record Deficit Projected, Growth Revised Down
Finance Minister Brenda Bailey presented an economic update with concerning numbers, including a revised deficit projection of $9.4 billion and sluggish economic growth. Bailey acknowledged the ...
Investing23d
US current account deficit hits record high in the third quarter
The Commerce Department's Bureau of Economic Analysis said on Wednesday the current account deficit, which measures the flow of goods, services and investments into and out of the country ...
The Straits Times23d
Austrian coalition talks to continue into the new year, party leaders say
That has hurt the tax take and swollen the deficit. Economic think-tank Wifo and the Austrian National Bank predict the budget deficit will swell to 3.7% of gross domestic product this year ...
The Economist23d
Ukraine is winning the economic war against Russia
Ukraine’s economic history since 2022 has had three ... In the first half of 2022 it financed half of the public deficit. It imposed strict capital controls and flooded banks with liquidity.
Toronto Star23d
What is a trade deficit — and does it matter to the economy?
In a post on Truth Social early Wednesday, Donald Trump claimed his country is financially supporting its northern neighbour. The U.S. president-elect wrote that “we subsidize Canada to the tune ...