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