Tag:

Deficit

US budget deficit widens in March as tax breaks boost refunds

The United States reported a higher budget deficit in March, as increased tax refunds and relief payments outweighed modest gains in revenue, according to the U.S. Department of the Treasury.

10 Apr 2026-22:50
Italy urges EU to ease deficit rules amid Iran conflict

Italy has said the European Union may need to reconsider its strict budget deficit rules if the ongoing conflict involving Iran and broader Middle East tensions continues, raising the possibility of renewed fiscal flexibility within the bloc.

03 Apr 2026-13:37
Despite Trump’s tariffs, US trade deficit climbs to a new peak

US goods imports continued to exceed exports last year, pushing the country's trade deficit to a record high, despite the extensive tariffs imposed by President Donald Trump.

19 Feb 2026-20:49
Japan logs fifth straight annual trade deficit

Japan recorded a trade deficit for the fifth consecutive year in 2025, according to government data released Thursday, as exports were affected by U.S. President Donald Trump’s tariffs and strained diplomatic relations with neighboring China.

22 Jan 2026-09:40
Philippines faces $5.7 billion BOP deficit in 2025

20 Jan 2026-20:36
Azerbaijan approves 2026 state budget with projected deficits

Azerbaijani President Ilham Aliyev has approved the “State Budget for 2026,” following its adoption by the National Assembly on December 9.

29 Dec 2025-14:08
Czech 2025 budget deficit likely higher than target

The Czech central state budget is expected to exceed its planned deficit this year, Finance Minister Alena Schillerova said. The target was 241 billion crowns ($11.7 billion), but the deficit had already reached 266 billion crowns when she took office on December 15 and rose to 275 billion crowns just four days later.

29 Dec 2025-13:45
US faces a $1.8T deficit in fiscal year 2025

The US budget deficit decreased to $1.77 trillion in fiscal year 2025, marking a 2% reduction compared to the previous year, according to an announcement from the Treasury Department on Thursday.

16 Oct 2025-23:57
French millennials blame boomers amid backlash over soaring deficit

A social media movement in France is spotlighting generational tensions as millennials protest the country’s mounting deficit. Under the hashtag NicolasQuiPaie, younger workers argue that wealthier baby boomers—born 1945–1964—should shoulder more of the fiscal burden.

05 Sep 2025-10:49
US budget deficits projected $1 trillion higher over next decade - watchdog

The U.S. federal budget deficit is expected to be nearly $1 trillion higher over the next ten years than previously forecast, the Committee for a Responsible Federal Budget said on Wednesday.

20 Aug 2025-10:01