Posts Tagged ‘deficit’

U.S. trade deficit fell, exports surged in May

The U.S. Commerce Department announced Wednesday that the economy’s trade deficit dropped 3.8 per cent in May as exports slightly improved and cost of crude oil imports continue to slide. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Egypt’s new president faces lengthy economic agenda

The Media Line Staff Cairo, Egypt David Rosenberg (The Medi – Egypt’s new president, Mohamed Morsi, could take some pleasure in seeing the Egyptian Stock Exchange rise in the days after the news of his election victory became known. The Egyptian Stock Exchange posted a power rally, with its EGX 30 index tacking on 11 […]

UK trade gap rises

The United Kingdom saw its trade deficit widen in April to its second largest gap on record. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Dutch prime minister, cabinet resign as budget cut talks fall

Prime Minister Mark Rutte’s minority government ended on Monday after just one-and-a-half years in power as the collapse of budget deficit talks with a populist party forced him to resign. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Dutch prime minister, cabinet resign as budget cut talks fall

Prime Minister Mark Rutte’s minority government ended on Monday after just one-and-a-half years in power as the collapse of budget deficit talks with a populist party forced him to resign. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Revamping Medicare: A Guide To The Proposals, Politics And Timeline

The more immediate pressure is to reduce the deficit by the end of this year to stop automatic 2 percent spending cuts from going into effect in 2013, as required by last year’s budget agreement. That will likely entail slowing spending in Medicare, which provides health care to 47 million seniors and disabled people and consumes […]

U.S. trade deficit widens as imports hit hig

The U.S. trade deficit surged to the widest imbalance in more than three years in January as imports hit an all-time high, the Commerce Department reported Friday. Economists forecast the deficit in 2012 will widen from last year’s $ 560 billion imbalance, thanks in part to the ongoing economic woes in Europe. Article © AHN […]

Panetta proposes leaner force along with transparency on fed proposals

The Defense Secretary Leon Panetta on Tuesday told the Senate Budget Committee that his department should not be made to carry the burden of deficit reduction instead there should be a transparent on-the-table federal pan-budget discussion. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Obama has a jobs deficit — like Reagan did

A year from Election Day 2012, Obama’s jobs record so far resembles Reagan’s but with stronger economic headwinds against him. View full post on Business Stories