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
Asian stocks started off on a mixed note as global equities stayed within its record highs as the... Read More
Stakeholders from Nigeria and Norway looked for opportunities outside to increase direct foreign... Read More
Nuclear energy firm Westinghouse has been declared bankrupt by the board of Toshiba Corp. after... Read More
Public Officials Benefit Association (POBA), a local authority that manages the retirement funds of... Read More
Australia withdrew its vote to ratify the extradition treaty with China on Tuesday. This is a... Read More
As stated by the Central Bank of Korea on Tuesday, their economy gained 2.8 percent from a year... Read More
High-risk assets experienced an easing in its selloff after US stocks managed to make a slim... Read More
Further countries of the Great Britain agreed to withdraw from the European Union despite its high... Read More
Chinese Premier Li Kequiang and New Zealand’s Prime Minister Bill English have agreed to expand the ... Read More
Republican leaders and groups bore the brunt of President Donald Trump’s ire on Sunday as the a... Read More
During the recent monetary policy meeting of the central bank of New Zealand, they concluded to... Read More
Tech giant Samsung Electronics Co. issued an apology last Friday following the firm’s involvement i... Read More
In spite of signs of improvement in the global economy, Yongmaan Park, Korea Chamber of Commerce... Read More
Japanese exports surged for the third consecutive time last month as the country’s economic r... Read More
A rare poll conducted over the Cuban populace showed results that nearly all of the citizens of... Read More
Japan exports rose for more than two years in February after a decline in January. It has exceeded... Read More
China has reshuffled its cabinet officials. Guo Shuqing has been appointed as China's banking... Read More
Asian stocks dropped as the Japanese yen maintained its hold on its recent gains while bonds... Read More
The supreme Leader of Iran, Ayatollah Ali Khamenei have reiterated on Monday for a call of a... Read More
The Scandinavian country, Denmark is scheduled to pay off its latest foreign currency loans with an... Read More
German Chancellor Angela Merkel and Japan’s Prime Minister Shinzo Abe discussed free trade between c... Read More
North Korea has recently carried out the testing of a brand new high-thrust rocket engine which... Read More
The European Central Bank is most likely to raise its deposit rate with 80% chance on December... Read More
PricewaterhouseCoopers LLP stated UK consumer spending would probably weaken in the long run after... Read More
Canadian Federal Finance Minister, Bill Morneau is preparing for disclosing the details regarding... Read More
In January 2017, the economy of Peru rose up to 4.81% which indicates the progressive the country’s ... Read More
The unemployment rate in Australia reached a 14-month high as it increased by 5.9% in February. It... Read More
The US Federal Reserve implemented another interest rate hike last Wednesday, the central bank’s s... Read More
Benedikt Jóhannesson, minister of finance in Iceland, have affirmed that the nation’s central bank h... Read More
The Kingdom of Saudi Arabia has stated to OPEC that the country has reverted part of its supply... Read More
