Saudi Arabia posts $33.5bn budget deficit amid drop in oil sales | Business and Economy News
Kingdom announces sharp rise in budget shortfall amid the effective closure of the Strait of Hormuz. Published On 6 May…
Tag: deficit
US Trade Deficit Widens in March to $60.3 Billion
The value of imports rose by 2.3% while exports increased 2% in March from the prior month. The trade gap…
Saudi Arabia Posts Biggest Deficit Since 2018 On Hormuz Closure
Saudi Arabia’s fiscal deficit widened in the first quarter to the highest level since 2018 as the closure of the…
Australia to Boost Medicare Clinic Spending Amid Deficit Concern
Australian Prime Minister Anthony Albanese said the coming budget will boost spending on Medicare urgent care clinics as his government…
Hong Kong Has Widest Trade Deficit Since 1952 in Echo of AI Boom
Hong Kong ran its widest trade deficit in at least 74 years as imports surged, a likely spillover from the…
The federal deficit is a mess — but fixing Social Security could help a lot
It’s good policy and would restore confidence in America’s most important program www.marketwatch.com #federal #deficit #mess #fixing #Social #Security #lot
UK Budget Deficit at Three-Year Low But War Headwinds Build
UK government borrowing dropped to the lowest level in three years, a boost for Chancellor of the Exchequer Rachel Reeves…
France to Keep 5% 2026 Deficit Goal for Now, Budget Chief Says
France’s budget minister said it’s too soon to set a more ambitious deficit reduction target despite a sharper-than-expected narrowing of…
Italy Deficit at 3.1% Breaches EU Ceiling in Setback for Meloni
Italy’s deficit breached the European Union’s ceiling last year in the biggest fiscal setback for Prime Minister Giorgia Meloni’s government…
US Economy: Jobless Claims Fall, Trade Deficit Widens Less Than Forecast
Applications for US unemployment benefits fell last week to just shy of a two-year low as Initial claims decreased by…