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 ... Read More
Following the Easter holiday this weekend and the benchmark increased for three successive weeks,... Read More
The Turkish lira surged in value as Recep Tayyip Erdogan came out victorious in the Turkish... Read More
In the first quarter of this year, the Chinese economy performed in a faster pace as it showed some... Read More
Raising inflation rates is part of Bank of Japan’s options to stop its Quantitative Easing program a... Read More
The Canadian central bank will release on Wednesday the economic outlook of the country, however,... Read More
Trump administration intends to revise the Dodd-Frank Wall Street reform law and changes its rules... Read More
As stated in the monthly economic assessment report of the government published on Tuesday, the... Read More
Fed Chair Janet Yellen has stated that the Federal Reserve will now be shifting its policy... Read More
The U.K. consumer spending rose but in a sluggish manner that is considered to be the slowest in... Read More
The Deputy Finance Minister of Italy, Enrico Morando has declared a pragmatic assessment regarding... Read More
Barclays CEO James Staley is now under investigation by US and London-based regulators following... Read More
The Indian economy is projected to increase by 7.4% amid the fiscal year 2017-2018 versus its... Read More
The number of applicants for U.S. unemployment benefits has declined to a record low in almost two... Read More
Asian stocks dropped after the US government led an airstrike against Syria as an apparent... Read More
Several Fed officials have already confirmed that the central bank will be starting to cut down... Read More
The Australian Tax Office intends to pursue multinational companies over seven global business... Read More
A low-cost transatlantic airline of Norway is about to launch, with a route from Denver... Read More
If Brexit negotiations did not end well could affect the wholesale banking and financial stability... Read More
The economic experts of Germany have given their advice regarding the zero-interest rate policy of... Read More
The Trump administration is now slowly but surely implementing Trump’s campaign proposal to clamp d... Read More
The trade surplus for the month of March was recorded to reach $7.1 billion according to the... Read More
Former Prime Minister of Denmark and Chief Executive of Save the Children International, Helle... Read More
Fed New York President William Dudley stated that US interest rates are being weighed down by the... Read More
The price for the Annual consumer price increased as high as 11.29 percent in the month of March as... Read More
The housing prices in the main cities in Australia accelerated in March with the fastest growth in... Read More
In early Friday before dawn, the government tax amnesty program of Indonesia had attracted hundreds... Read More
President of Russia, Vladimir Putin pronounced that the recent ice melting and global warming in... Read More
Japanese core consumer prices increased by a fraction for the second consecutive time last month,... Read More
Change in market sentiment after a regional inflation in Germany pulling the Euro currency back to... Read More
In an interview with CNBC, Fed Vice Chairman Stanley Fischer anticipates the central bank for a... Read More
