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The Latest Breaking News from Deficit

Israel's economy is struggling. Economists say ending the war would help

Nearly 11 months into the war with Hamas, Israel’s economy is struggling as the country’s leaders grind ahead with an offensive in Gaza that shows no signs of ending and threatens to escalate into a wider conflict

The Independent UK

Leclerc: Ferrari’s deficit “too much” in poor Zandvoort qualifying

Charles Leclerc has declared his 0.909s gap to Lando Norris’s Formula 1 Dutch Grand Prix pole lap time for McLaren was “too much” for Ferrari.

Motorsport

Russell: Gap to Dutch GP pole "all down to tyres"

George Russell thinks tyre overheating led to his half-second deficit to Dutch Grand Prix polesitter Lando Norris after being on the pace throughout Q1 and Q2.

Motorsport

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Big job and course cut fears as University of Canberra deficit deepens

UC and ANU search for cuts as they struggle to control ballooning deficits.

The Canberra Times

Asian handicap betting explainer

This form of handicap betting may seem confusing, but with just a bit of knowledge, its a comprehensible way to bet on previously unappealing markets

The Independent UK

Alba Party post deficit of £80k despite rise in membership

THE Alba Party have recorded a deficit of more than £80,000 despite a rise in members.

The National (Scotland)

Asian Shares Decline Following Wall Street Slip

Asian shares decline, Japan reports trade deficit, focus on Powell's speech, and U.S. economy faces pressure from high interest rates.

Top News

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Japan records trade deficit as surging global prices pushes imports higher

Japan racked up a 621 billion yen, or $4.3 billion, trade deficit in July, as prices of imports surged

The Independent UK

Thames Water barred from billing customers for pension shortfall

Company faces scramble for funds after Ofwat says deficit is for managers and shareholders alone to deal with

The Guardian - UK

GDP growth is strong but it masks UK plc’s deep-seated structural problems

Rachel Reeves must show how the Tories failed to tackle longstanding productivity, investment and trade deficits and stress how Labour can

The Guardian - UK

Budget blow as state's child sexual abuse payouts soar

Tasmania's budget deficit for 2023/24 is set to grow fourfold, mainly because of a $571 million increase in payouts to child sexual abuse survivors.

AAP

Carving Out a Tax Cut Just for Tips Doesn't Make More Sense When Kamala Harris Does It

Exempting tips from the federal income tax would add to the deficit and unfairly penalize nontipped workers. It's a bad idea no matter who is pitching it.

Reason

Richard Murphy: Why GERS is inherently biased against Scotland

IT is GERS day – the one when the Scottish Government publishes data that seems deliberately designed to provide the very worst view of…

The National (Scotland)

Team USA Maintains Lead Over France In Tense Basketball Match

In a closely contested basketball match, the French team faces a six-point deficit against Team USA with time running out.

Top News

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The Guardian - AU

Adelaide festival to post 2024 deficit despite $2.3m boost from SA government

Spokesperson says losses will be revealed in next month’s financials and the festival has access to reserves to fund next year’s program

Top News

Serbia On Verge Of Historic Upset Against Team USA

Team USA faces a challenging deficit against Serbia in a crucial Olympic basketball match, risking a potential upset.

Sports Illustrated

Nikola Jokic’s Huge Game Helps Serbia Rally Back to Beat Australia in OT Thriller

Serbia won in overtime after facing a 24-point deficit.

International Business Times

US Trade Gap Narrows Less Than Expected In June

The US trade deficit narrowed slightly less than analysts anticipated in June, according to government data released Tuesday, helped by an uptick in exports.

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Tom’s Guide

Who needs weights? This 5-move bodyweight workout boosts core strength and torches every major muscle group

You don't need weights to target every major muscle group, build core strength and boost your metabolism, just this five-move bodyweight created by a personal trainer.

Top News

Morocco Takes Lead Against Team USA In Quarterfinal Match

Moroccan striker Rahimi's penalty kick puts Team USA at a 1-0 deficit in the quarterfinal match. Can the Americans stage a comeback?

The Conversation

University finances are in a perilous state – it’s the result of market competition and debt-based expansion

The higher education sector in the UK is in financial crisis. Over 60 institutions have announced severance or redundancy programmes, and around 40% expect to be in deficit in 2023-24.

Top News

France's Lavish State Dinners Overspend, EU Issues Warning

France's extravagant state dinner for King Charles III of England incurred a €475,000 expense, contributing to a budget deficit and EU criticism.

The Guardian - UK

Proportional representation? The House of Lords is the best place to start

Letters: Former Labour MP Liz McInnes says a House of Lords elected by PR would address the democratic deficit at the heart of government. Plus a letter from Rosanne Bostock

Radio France Internationale

French state to bail out New Caledonia electricity provider

France has granted a "repayable advance" of €14.2 million to Enercal, the main provider of New Caledonia's electric grid, which is running a chronic budget deficit.

The Guardian - UK

Greening the desert: is Sisi’s grand plan using up all of Egypt’s water?

The ‘Future of Egypt’ envisages turning tracts of desert into farmland to grow crops for exports. But with sky-high food price inflation and a water deficit, critics doubt it is viable

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