Tag: deficit
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US deficit is a growing threat to global equities: Geoffrey Dennis
The mounting fiscal deficit in the United States poses a long-term risk to global equity markets, according to Geoffrey Dennis, independent emerging markets commentator.“I...
Moody’s cuts US credit as debt rises and $4 trillion tax cut extension adds to deficit
Moody’s Ratings stripped the US government of its top credit rating Friday, citing successive governments’ failure to stop a rising tide of debt.Moody’s lowered...
US trade deficit widens to $140.5 billion in March, driven by rising imports
The United States posted a trade deficit of $140.5 billion in March, widening from $123.2 billion in February and coming in above economists’ expectations...
India’s trade deficit jumps to $21.5 bn in March, after 3-year low in February
India’s merchandise trade deficit widened sharply to $21.54 billion in March, reversing the relief seen in February when the gap had narrowed to a...
China boosts official budget deficit to the highest in over 30 years
China raised its general budget deficit to the highest level in more than three decades, as Beijing ramps up spending to counter the effects...
