IMF economist: Biden’s policies to turn U.S. into Latin American-style economy
A rising number of economist have warned Joe Biden’s policies could turn the U.S. into a Latin American type of
Περισσότερα...deficit
U.S. trade deficit surges to record; shortfall with China keeps rising
The U.S. trade imbalance jumped to a record $74.4 billion in March. The deficit with China increased 22%, while the
Περισσότερα...India April trade deficit at $15.24 billion
India’s trade deficit in goods was $15.24 billion in April, preliminary data released by the government on Sunday showed. Merchandise
Περισσότερα...After issuing record debt in 2020, Gulf countries will likely borrow less this year
Gulf states will not need to borrow as much as they did last year because their fiscal positions are likely
Περισσότερα...Budget office expects $2.3T deficit before Biden relief plan
The Congressional Budget Office says the federal government is on track for a $2.3 trillion deficit this year, down roughly
Περισσότερα...Turkey CDS rates indicate bankruptcy now is possible
On the 17th of July, according to Bloomberg Turkey said it’s raising the amount of foreign exchange lenders must hold
Περισσότερα...Erdogan’s imperialistic wars lead to 47% surge in expenses and to -10% Turkish deficit in April
An unexpected surge in expenses of the Turkish state resulted in a huge hole in the country’s public finance. The
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