Deficits

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The Globe and Mailadded this to Politics
Bill Morneau
Federal budget 2019: Deficit to rise as Liberals unveil $22.8-billion in new spending aimed at seniors, young Canadians
The Globe and Mail - Bill Curry
The Trudeau government’s fourth budget unveiled $22.8-billion in new spending across more than a hundred different areas as the Liberals aim to win the support of key voters ahead of the fall election
The Globe and Mail
Tariffs
Trump has put Trudeau in a bind, again
The Globe and Mail - Lawrence Martin
The Trudeau government wants Donald Trump to remove his punitive steel and aluminum tariffs – and pronto. Instead of seeing the President of the so-called free world cozying up to authoritarian leaders,
National Postadded this to Financial News
Federal Budget
Busy, busy, busy and never, ever a failure
financialpost.com - William Watson
I must be getting old — I am getting old, we all are — but I got tired just reading the table of contents of Tuesday’s federal budget. Housing, …
Economy
Federal government's deficit to grow to $19.8B in 2019-20 fiscal year
canadianbusiness.com - www.canadianbusiness.com
OTTAWA — The federal Liberal government expects to sink deeper into the red this year, thanks to a federal budget Tuesday that’s laden with …
The Hindu Groupadded this to BusinessLine
India
India’s growth in last 5 years has been transformational: Shringla
thehindubusinessline.com - PTI
‘Country is set to emerge as $5 trillion economy in next five years’
Outlook Magazineadded this to Outlook India
Business (India)
Following are the top foreign stories at 1700 hours
outlookindia.com
New Delhi, Mar 20 : FGN21 UK-NIRAVMODI-LD ARREST Nirav Modi arrested in UK London: Nirav Modi, the main accused in the USD 2 billion PNB scam case, has …
Budget Deficit
Free Press Head Start for March 20
winnipegfreepress.com - Posted: 03/20/2019 6:00 AM | Comments:
What you need to know School-tax salvo: Mayor Brian Bowman gave Premier Brian Pallister an ultimatum Tuesday, saying if the province won’t stop …
The Globe and Mail
Opinion (Canada)
Globe editorial: A Liberal budget windfall spent – some of it wisely and some not
The Globe and Mail
Let’s start with the elephants in the room – which are now mice. The federal debt and deficit used to be massive and terrifying creatures, the pachyderm pair’s every movement obsessing politicians, pundits
National Postadded this to Financial News
Bill Morneau
Get ready for a new wave of spending in budget today amid a revenue windfall and looming election
financialpost.com - Bloomberg News
Canada’s next budget will look very familiar, with Justin Trudeau set to spend much of a revenue windfall and continued red ink in his government’s …
jAradded this to India Notes
China
Many Indians want to shun Chinese goods -- here’s why that doesn’t make sense
businessinsider.in - Vivek Kaul
Later this week, India will celebrate Holi, the festival of colours. It’s also that time of the year when the boycott Chinese-goods-wallahs, tend to …
Budget Deficit
Egypt targets budget deficit of 7.2 pct, GDP growth of 6.1 pct in FY 19/20 -minister
reuters.com - Reuters
CAIRO, March 19 (Reuters) - Egypt is targeting a budget deficit of 7.2 percent and GDP growth of 6.1 percent in the 2019-2020 financial year, Finance Minister Mohamed Maait said on Tuesday on the sidelines
GDP
RO Court of Auditors finds budget deficit in 2017 was higher than officially reported
romania-insider.com - romaniainsider
Romania’s Court of Auditors found “significant and widespread” irregularities in the reporting of the Finance Ministry and tax collection agency …
Zimbabwe
Zimbabwe Expects to Raise $350 Million Selling State Companies
dailymaverick.co.za - Bloomberg
Zimbabwe plans to raise $350 million from the sale of stakes in five state-owned companies, Finance Minister Mthuli Ncube said. The proceeds will help …
Exports
Trade deficit touches $165 billion, highest since FY13
business-standard.com - www.business-standard.com
A report by CARE Ratings shows that the gap between exports and imports is the highest since 2012-13 when it peaked to $190 billion
News (Scotland)
Ex-Scotland Office chief statistician says Scots should be paid back for oil revenues
thenational.scot - Andrew Learmonth
A FORMER senior Scotland Office official has told The National that an independent Scotland should seek “compensation” from the UK Government for …
U.S. Dept. of Defense
The Pentagon's Budget Is Crazy—by Trump's Own Admission
fee.org - Hans Bader
Given the sheer size of the deficit, it is necessary to cut government waste and excessive spending literally everywhere. But instead of cutting …
The Independentadded this to Voices
Opinion (UK)
The school funding crisis will worsen if Philip Hammond keeps lowballing the education sector
independent.co.uk - Editorial
Sunday’s televised clash between Andrew Marr and Philip Hammond highlighted the tension over the direction of public spending now that the fiscal …
Romania
S&P maintains Romania’s stable outlook
romania-insider.com - romaniainsider
International rating agency S&P affirmed the stable outlook for Romania’s sovereign ratings after it confirmed the rating itself a couple of weeks …
Budget Deficit
Pulling away from the possible
bangkokpost.com - www.bangkokpost.com
Populism is circling back in Thailand's political arena as campaign promises clog streets nationwide and candidates vie for popularity before voters …
The Hindu Groupadded this to BusinessLine
Business (India)
Rupee appreciates 17 paise to 68.93 against US dollar
thehindubusinessline.com - PTI
The rupee appreciated 17 paise to 68.93 against the US dollar in opening trade on Monday driven by weakening greenback in overseas markets and sustai
The Globe and Mail
Why household overspending is worse than the federal deficit
The Globe and Mail - Rob Carrick
Just in time for the season of federal and provincial budgets comes a new line of thinking that deficits aren’t so bad after all. Government deficits, that is. Households that spend more than they earn
Bloombergadded this to Economics
Economics
Colombia Reviews Deficit Limits Amid Venezuela Migration Crisis
Bloomberg - Oscar Medina
Colombia is considering whether to ease its fiscal targets to allow the government to run a bigger deficit as it struggles to cope with the fallout …
Swarajyaadded this to Swarajya
Trade Deficits
Despite Slowdown And Rising Protectionism, FY19 Exports Set To Surpass UPA 2 Record; Trade Deficit At 17-Month Low
swarajyamag.com - Swarajya Staff
Despite major headwinds like global economic slowdown and rising protectionism amidst US-China trade war and US President Donald Trump’s ‘America …
Budget Deficit
Pima County sheriff turns budget deficit into surplus, increases command staff
tucne.ws - Caitlin Schmidt
A multi-million-dollar budget deficit inherited by Pima County Sheriff Mark Napier has been turned into a surplus, allowing the department to …
Unions
IKEA restructuring: trade unions will pass on “management’s final offer”
brusselstimes.com - TBT News
UN agrees “significant” reduction in single-use plastic The international community committed to "significantly reducing” the use of single-use …
Bloombergadded this to Bloomberg
Yellow Vests Movement
Champs Elysees Store Windows Smashed in Yellow Vest Protests
Bloomberg - Angelina Rascouet
Shop windows on Paris’ Champs Elysees avenue were destroyed on Saturday amid another weekend of protests led by the Yellow Vest movement. Live footage …
Indian Expressadded this to Indian Express
Trade Deficits
Exports up 2.44 per cent in Febraury; trade deficit narrows
indianexpress.com - PTI
The country’s exports grew by 2.44 per cent year-on-year to USD 26.67 billion in February on account of higher shipments in sectors such as …
Trade Deficits
Trade deficit seen to widen this year
philstar.com - Lawrence Agcaoili
MANILA, Philippines — Barcelona-based Focus Economics expects the Philippines to incur a wider trade deficit this year as imports continue to …
The Economic Timesadded this to ET's Top Stories
Modi
Record exports in current fiscal set to burnish Modi government's economic credentials
indiatimes.com
India's exports in the current fiscal are set to surpass the record exports achieved during the UPA 2 era even as headwinds like economic slowdown …
Sean Sadleradded this to House of Stone
Budget Deficit
Op-Ed: Why Zimbabwe is on the path to progress
cnbcafrica.com - CNBC Africa
Mthuli Ncube* Zimbabwe is on a journey of reform. Nobody ever said it wouldn’t be a bumpy ride; but the most important thing is that the journey has …