The initial stage of the fiscal year for the US budget was marked by a significant increase in the deficit. This growth is mainly due to increased spending on health and defense.Data from the Ministry of Finance, released on Wednesday, showed a deficit of $121 billion for October. Compared to the same period last year, this increase was 89%, although after excluding distortions related to the inflow of deferred tax revenues in 2023, the increase was only 22%.These figures are of serious concern ... Прочетете още
The Japanese economy is seen to grow at a faster rate than expected in the first quarter which was... Прочетете още
As shown in the advance data of the Statistics Finland, the Finnish economy was able to increase by... Прочетете още
The U.S. economy grows at a steady but slow rate in the second quarter of the year based on the... Прочетете още
The economy of the seventh-largest country in the world experienced a steep decline in the first... Прочетете още
US President Donald Trump is currently leaning towards the complete cancellation of the role of... Прочетете още
A trade deal between the United States and Vietnam worth $15 billion of goods and services will be... Прочетете още
Based on the data issued on Wednesday, the growth in the manufacturing activity of China was... Прочетете още
The US Federal Reserve is more than ready to raise its interest rates this coming June, but the... Прочетете още
The stock markets of Asia were unsteady on Tuesday since investors hovered in the sideline prior... Прочетете още
The negotiated wages in Germany climbed by 2.8 percent in the first quarter which has significantly... Прочетете още
ECB President Mario Draghi stressed in a statement made last Monday that the eurozone is still in... Прочетете още
The economy of India is considered as the fastest developing major economy globally in the previous... Прочетете още
Amidst the ongoing G-7 summit in Italy, US President Donald Trump has stated via his adviser that... Прочетете още
Oil prices declined by 5 percent following the extension of production cuts by Opec causing other... Прочетете още
The South African Reserve Bank kept its interest rates unchanged on Thursday as it played down the... Прочетете още
US President Donald Trump has already called for an investigation regarding the “Manchester leaks” ... Прочетете още
New Zealand anticipates exceeding the budget excess prediction for 2017. The former projected... Прочетете още
The credit rating of China was downgraded by Moody’s Investors Service on Wednesday, the previous A... Прочетете още
Fed officials are now more than ready to raise its short-term interest rates after stating in... Прочетете още
On Tuesday, the U.S. spending reserved for foreign aid for Mexico and Central America are to be... Прочетете още
Two surveys conducted by American businesses this month and showed that the US economy continued to... Прочетете още
British people could possibly face a period of living squeeze as the UK consumer prices are now... Прочетете още
The Organization of the Petroleum Exporting Countries together with its partners are about to... Прочетете още
Intercontinental lenders in Greece has a comprehensive meeting discussing debt sustainability on... Прочетете още
The Supplemental Nutritional Assistance Program or SNAP is currently in peril as Trump’s budget p... Прочетете още
Exports from Japan notably increased for five consecutive months indicating a strong offshore... Прочетете още
During the council held in early May, the staffs of Owasso City made a project proposal for a new... Прочетете още
The extension of production output cut from big oil producing countries caused the oil prices to... Прочетете още
Applications for U.S unemployment benefits had fallen circumstantially during the previous week,... Прочетете още
The Trump administration has already started the first part of its renegotiations with regards to... Прочетете още