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Articles for Deficits

Rahul slams govt over trade deficit touching all-time high
3 weeks, 1 day ago

Rahul slams govt over trade deficit touching all-time high

Deccan Chronicle  

New Delhi: Slamming the Modi government, Leader of Opposition in the Lok Sabha Rahul Gandhi on Wednesday said prioritising crony businesses over play-fair ones leads to weakened manufacturing sector, depreciating currency, record high trade deficits, high interest rates, falling consumption and soaring inflation.Tagging a media report which said that trade deficit and imports are at an all-time high, Gandhi hit …

Record Trade Gandhi Imports Trade Deficit High Billion
Sticky US inflation and Trump tariffs cast doubt on Fed’s rate cut path, say experts
4 weeks ago

Sticky US inflation and Trump tariffs cast doubt on Fed’s rate cut path, say experts

Live Mint  

Although US CPI inflation recorded its sharpest increase in seven months, it aligned with forecasts and did not disrupt expectations of a 25 bps rate cut by the US Federal Reserve next week. However, the November inflation data highlighted that the Fed still faces significant challenges in bringing inflation below its 2 per cent target, leaving the outlook for future …

Inflation Trump Cent Fed Rate Cut Rates
Trump tells Trudeau Canada should become 51st state if it doesn't like tariffs: report
1 month ago

Trump tells Trudeau Canada should become 51st state if it doesn't like tariffs: report

Raw Story  

President-elect Donald Trump told the Prime Minister of Canada that if his country can't deal with his tariffs, maybe they should become the 51st U.S. state, according to anonymous sources speaking to Fox News. Trump reportedly told Trudeau that Canada was not doing enough to secure the border, and complained about the U.S. trade deficit with its northern neighbor, which …

Canada Trump Trudeau Tariffs Trade Deficits
Trump 2.0: How high spending, tax cuts could rock global markets, end dollar dominance, warns analyst
1 month, 3 weeks ago

Trump 2.0: How high spending, tax cuts could rock global markets, end dollar dominance, warns analyst

Live Mint  

The second term of Donald Trump, often referred to as "Trump 2.0," could bring heightened volatility to global stock and bond markets, highlighted a report by LLama Research. The report highlighted that Trump's economic agenda, which is expected to include high public spending, tax cuts, and rising government deficits, could drive up bond yields and create turbulent conditions in financial …

Markets Trump Bond Tax Cuts Bond Yields High Spending
Double-digit deficits are barely a speed bump for Patrick Mahomes and the Chiefs
1 month, 3 weeks ago

Double-digit deficits are barely a speed bump for Patrick Mahomes and the Chiefs

Associated Press  

Inside the Numbers dives into NFL statistics, streaks and trends each week. Kansas City improved to 19-14 with Mahomes at quarterback after falling behind by double digits in the regular season or playoffs for a staggering.576 win percentage in those typically dire situations, compared with the.139 mark in NFL history and the.160 mark since Mahomes entered the NFL in 2017. …

Games Teams Super Bowl New York Yards Giants Season
Opinion | Debt, deficits, and a divided economy: Challenges Ahead for Trump 2.0
2 months ago

Opinion | Debt, deficits, and a divided economy: Challenges Ahead for Trump 2.0

Firstpost  

America has voted for a new President. However, the president will face a big challenge on the economic front Republican presidential nominee former President Donald Trump waves as he walks with former first lady Melania Trump at an election night watch party at the Palm Beach Convention Center, Wednesday, Nov. 6, 2024, in West Palm Beach, Fla. AP In the …

Growth Japan Economic Debt Spending President Cent
US yields post sharp gains as Trump victory triggers caution about deficits
2 months ago

US yields post sharp gains as Trump victory triggers caution about deficits

Live Mint  

* Longer-dated US bond yields surge * Trump win seen widening deficits * Tariff plans could also increase inflation * US yield curve hits steepest since late September * Focus shifts to Fed meeting By Gertrude Chavez-Dreyfuss NEW YORK, - U.S. Treasuries fell sharply on Wednesday, propelling yields to multi-month highs as Donald Trump's presidential election victory ignited bets on …

Trump Treasury Fed Yields Treasury Yields Yield Bps
Special educational needs system ‘not delivering’ for families – watchdog
2 months, 2 weeks ago

Special educational needs system ‘not delivering’ for families – watchdog

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The special educational needs system is not delivering better outcomes …

Education England Children Local Local Authorities Young People Sen
Opinion: Don’t be stupid: Skipping your COVID booster could reduce your IQ
2 months, 3 weeks ago

Opinion: Don’t be stupid: Skipping your COVID booster could reduce your IQ

LA Times  

Many people know that COVID infections might lead to short-term “brain fog,” but studies raise the prospect of cognitive deficits that can last for years. Participants who had long COVID — that is, with symptoms that lasted more than 12 weeks — had the equivalent of a 6-point IQ loss on average, and those who had been “admitted to the …

Health Cognitive Long Covid Covid Know Many People Cognitive Deficits
Key US economic data raises global concerns
4 months, 3 weeks ago

Key US economic data raises global concerns

China Daily  

An American flag flies outside of the US Capitol dome in Washington, US, Jan 15, 2020. "The high debt level can cause significant problems if economic conditions worsen," Ke Jing, associate research professor at the Shanghai Academy of Social Sciences' Institute of International Relations, said. The US abuse of financial sanctions due to dollar hegemony and the high national debt …

National Debt Interest Rates Interest High Chen Federal
Key US economic data raises global concerns
4 months, 3 weeks ago

Key US economic data raises global concerns

China Daily  

An American flag flies outside of the US Capitol dome in Washington, US, Jan 15, 2020. "The high debt level can cause significant problems if economic conditions worsen," Ke Jing, associate research professor at the Shanghai Academy of Social Sciences' Institute of International Relations, said. The US abuse of financial sanctions due to dollar hegemony and the high national debt …

National Debt Interest Rates Interest High Chen Federal
NSW Treasurer Daniel Mookhey set to hand down budget forecasting years of deficits
6 months, 3 weeks ago

NSW Treasurer Daniel Mookhey set to hand down budget forecasting years of deficits

ABC  

In short: The NSW government forecasts four years of deficits in Tuesday's state budget. The NSW government forecasts four years of deficits in Tuesday's state budget. NSW Treasurer Daniel Mookhey said affordable housing would be the centrepiece of the state budget. The New South Wales government is forecasting four more years of deficits in Tuesday's budget, after a change to …

Housing Budget State Million Gst Hand New South Wales
Budget to confirm a surplus this year, but bigger deficits for the next three years
7 months, 3 weeks ago

Budget to confirm a surplus this year, but bigger deficits for the next three years

ABC  

In short: The federal budget will reveal a $9.3 billion surplus for the 2023-24 financial year, which ends next month. The federal budget will reveal a $9.3 billion surplus for the 2023-24 financial year, which ends next month. But the next three financial years will each have higher deficits than the government had expected as recently as December, owing to …

Inflation Spending Billion Rba Surplus Federal Budget Revenue Upgrades
Warren Buffett reveals the news no American taxpayer wants to hear as the government tackles rising debt - here's what it means for you
8 months ago

Warren Buffett reveals the news no American taxpayer wants to hear as the government tackles rising debt - here's what it means for you

Daily Mail  

Warren Buffett has said he expects the US government to increase taxes rather than reduce spending as the country struggles with its mounting national debt. The 93-year-old is seen here Fortune's Most Powerful Women Summit in Washington, DC, in 2015 The declaration, delivered Saturday, comes as the US is hard-pressed to address widening fiscal deficits, and as the national debt …

Tax Debt Fed Iphone Fiscal Warren Buffett Buffett
Lightning and Islanders searching for answers to rebound from 2-0 deficits in NHL playoffs
8 months, 2 weeks ago

Lightning and Islanders searching for answers to rebound from 2-0 deficits in NHL playoffs

Associated Press  

TAMPA, Fla. — Experience tells the Tampa Bay Lightning it’s time to go to work — not panic. “Obviously it’s a big hole, but we have done it before,” Lightning captain Steven Stamkos said. “It’s our job to make sure it’s 2-1.” PANTHERS at LIGHTNING, Panthers lead 2-0, 7 p.m. The good news, Panthers coach Paul Maurice said without revealing …

Games Florida Game Team Panthers New York Tampa Bay
NCAA Tournament Midwest Region analysis: Can Purdue bounce back from last year’s embarrassing upset?
9 months, 3 weeks ago

NCAA Tournament Midwest Region analysis: Can Purdue bounce back from last year’s embarrassing upset?

New York Times  

The Midwest Regional of the 2024 NCAA Tournament features the Big 10 regular season champion Purdue, the SEC regular season champion Tennessee, as well as Kansas and several teams looking to pull an upset in March Madness. 1 Purdue MIDWEST 29-4 Profile Strengths: Matt Painter’s crew is in the top five in adjusted offensive efficiency and top 25 in adjusted …

Volunteer Defense Florida Dark Miami Team Region
Biden to call in State of the Union for business tax hikes, middle class tax cuts and lower deficits
10 months ago

Biden to call in State of the Union for business tax hikes, middle class tax cuts and lower deficits

Associated Press  

WASHINGTON — President Joe Biden is going into Thursday’s State of the Union address with an expanded plan to raise corporate taxes and use the proceeds to trim budget deficits and cut taxes for the middle class. State of the Union 2024 President Joe Biden delivered his 2024 State of the Union address, hammering Republican lawmakers on immigration, tax policy …

Corporate Tax Republican Biden President Tax Hikes State Of The Union
Covid victims from first wave ‘suffered long-lasting damage to memory and thinking ability’
10 months, 1 week ago

Covid victims from first wave ‘suffered long-lasting damage to memory and thinking ability’

The Telegraph  

Those who caught coronavirus in the first wave of the pandemic suffered long-lasting damage to memory and thinking ability, a study suggests. ‘Important to continue monitoring’ Prof Paul Elliott, from the School of Public Health at Imperial, said: “The cognitive impact of Covid-19 appears to have reduced since the early stages of the pandemic, with fewer people having persistent illness, …

Research Pandemic Cognitive Mental Covid Study Imperial
Tunisia wants to borrow billions from its central bank to address deficits. Experts call that risky
11 months, 1 week ago

Tunisia wants to borrow billions from its central bank to address deficits. Experts call that risky

Associated Press  

TUNIS, Tunisia — Cash-strapped Tunisia wants to take the unprecedented step of borrowing billions from its central bank to address budget deficits and bandage its economic crisis, a step that experts warn could bring inflation and lessen faith in institutions. In an emergency meeting behind closed doors, parliament’s finance committee on Wednesday considered a request from President Kais Saied’s government …

Bank Central Billion Tunisia Borrow Saied
Former minister shares financial wisdom at forum
1 year ago

Former minister shares financial wisdom at forum

China Daily  

Lou Jiwei, chairman of Global Asset Management Forum and former finance minister, delivers a speech at the China Wealth Management 50 Forum in Shenzhen on Dec 23. To better stabilize economic recovery with a more proactive fiscal policy, China should maintain the fiscal deficit rate at around 3.8 percent next year and spend the increased fiscal funds mainly on smaller …

China Investment Fiscal Fiscal Deficits Public Investment
COP28: Data Deficits and India's Role in Dealing With Climate Tipping Points
1 year, 1 month ago

COP28: Data Deficits and India's Role in Dealing With Climate Tipping Points

The Quint  

The recently released Global Tipping Points report issues a stark warning as carbon pollution continues to drive global temperatures to dangerous heights: humanity stands on the brink of five critical climate tipping points, with three more looming in the 2030s if temperatures rise by 1.5C above pre-industrial levels. These tipping points—the thawing of permafrost, the collapse of ice sheets, and …

Tipping Tipping Points Points Report
Upping revenue likely the least disruptive way to address future deficits, state budget expert says
1 year, 2 months ago

Upping revenue likely the least disruptive way to address future deficits, state budget expert says

Associated Press  

— Raising revenues, rather than deep state budget cuts or relying on rainy day reserves, would likely be the least disruptive way of addressing future Maryland budget deficits, a leading state budget expert said at a budget hearing Tuesday. “This is one of the larger challenges we’ve seen in some time.” To illustrate the magnitude, Romans said trying to solve …

Future Budget Revenue State Help Fund Maryland
Tax Cuts Are Here to Stay—And So Are Exploding Budget Deficits
1 year, 3 months ago

Tax Cuts Are Here to Stay—And So Are Exploding Budget Deficits

Live Mint  

WASHINGTON—President Biden and Republicans are gearing up for a hyperbolic election-year battle over extending the 2017 law that lowered taxes for individuals and businesses. In his budget, Biden has already proposed extending Trump’s tax cuts for almost all households, and he has promised to avoid raising taxes on anyone making under $400,000. Contrary to claims that the tax cuts would …

Law Tax Taxes Budget Congress Trump White House
Social stress, problem-solving deficits contribute to suicide risk in teen girls: Study
1 year, 7 months ago

Social stress, problem-solving deficits contribute to suicide risk in teen girls: Study

Hindustan Times  

Teen females who have more trouble efficiently resolving interpersonal difficulties when they are under social stress, as well as those who have more interpersonal stress in their lives, are more likely to engage in suicidal behaviour, according to a study published by the American Psychological Association. Social stress, problem-solving deficits contribute to suicide risk in teen girls: Study Suicide is …

Social Stress Suicide Girls Behavior Study Teen