Plans for tariffs and tax cuts are likely to worsen the U.S. trade balance, Desmond Lachman writes in a guest commentary.

The Hong Kong budget has been forecast to hit an all-time deficit (loss ... the term “poverty” needs to have a specific definition to be useful. Different governments and non-governmental ...

Definition: The difference between total revenue and total expenditure of the government is termed as fiscal deficit. It is an indication of the total borrowings needed by the government. While ...

Definition: The excess of expenses over receipts on revenue account is called revenue deficit. Revenue deficit = Revenue Expense – Revenue Receipts . Description: This is an important control ...

Despite the conventionally accepted definition for such behavior ... need to chip away at France’s current deficit, which has ballooned to 6.1% of economic output. A fragmented National Assembly ...

In a message on the eve of Christmas Day, President Myriam Spiteri Debono stressed the importance of collective responsibility, urging all citizens to recognise their duty to contribute positively to ...

The trade gap signals strong demand for imports, which can be a good sign for the economy. Also, it's been fairly stable ...

Romania’s Prime Minister Marcel Ciolacu announced on Monday that he and his coalition partners decided to adopt new economic ‘ordinance’ measures to address governmental budget deficit issues.

The infrastructure deficit in Canada is conservatively estimated ... There is a lot at stake. Increasing economic polarization between the places getting by and those falling further behind.

Financial Secretary Paul Chan on Saturday warned that promoting economic development amid a fiscal deficit would be Hong Kong's "main challenge", saying the government is studying how to boost ...

The Congressional Budget Office recently estimated that such tariffs would shrink the budget deficit, but also reduce economic output. Donald Trump made tariffs a centerpiece of is successful ...

Yet, “El Loco”—The Madman, as his countrymen call him— accomplished the unimaginable: Argentina’s fiscal deficit was eliminated for the ... Figures show that the economic recovery has not translated ...