deficit Archives - Rvpg media

South Korea trade deficit heralds coming global crisis – Asia Times

South Korea posted a trade deficit of US$3.8 billion in September 2022 — higher than experts predicted in a Reuters poll at the end of September but slightly lower than South Korea’s Customs Services forecast. The latest official data of South Korea shows that the trade deficit reached $7 billion in November and the cumulative trade deficit has reached … Read more

South Korea’s trade deficit reflects global economic challenges

South Korea posted a trade deficit of US$3.8 billion in September 2022 — higher than experts predicted in a Reuters poll at the end of September but slightly lower than South Korea’s Customs Services forecast. The latest official data of South Korea shows that the trade deficit reached US$7 billion in November and the cumulative … Read more

New data shows how dire S.F.’s budget deficit could get as economic outlook sours

San Francisco is facing a projected $728 million deficit over the next two fiscal years as the city confronts falling tax revenues amid a lackluster recovery from the pandemic. Mayor London Breed’s office told city departments Thursday that it’s forecasting a shortfall of more than $200 million in the 2024 fiscal year and a $528 … Read more

Greek Jan-Nov primary budget deficit beats target, tax revenues help

ATHENS, Dec 15 (Reuters) – Greece’s central government reported a lower-than-expected primary budget deficit in the first 11 months of the year as tax revenues slightly beat initial estimates, finance ministry data showed on Thursday. The deficit stood at 1.126 billion euros ($1.20 billion) in January to November, beating the government’s target of a 2.239 … Read more

Japan extends long trade deficit run, slow Chinese demand stokes worry

Japan exports, imports hit records in November Japan on course for record annual trade deficit in 2022 TOKYO, Dec 15 (Reuters) – Japan logged a trade deficit for a 16th straight month in November as imports surged to a record level, while subdued growth in exports to China fanned concern about how COVID disruptions there … Read more

India needs to bring down its fiscal deficit which is highest among G20 countries

As India takes over the G20 presidency, one of the big jobs under the finance track is to ensure that G20 nations come up with a credible policy framework to tame inflation, especially food inflation, while protecting growth and ensuring overall financial stability. The massive stimulus that was injected in almost all G20 nations to … Read more