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The Latest Breaking News from Deficit

France Must Make 'Credible' Progress On Deficit: Finance Minister

France must take "credible" steps to tackle its high deficit, its new finance minister said Thursday, shortly before a major credit ratings agency gives its verdict on the country's sovereign debt.

International Business Times

Sugar Prices Rally on Forecast for Sugar Deficit in Early 2025

March NY world sugar #11 (SBH25 ) today is up +0.67 (+3.08%), and December London ICE white sugar #5 (SWZ24 ) is up +12.30 (+2.19%). Sugar prices today are trading higher after Wilmar International, one of the world's largest sugar traders, said the sugar market faces a "huge risk of...

Barchart

In San Antonio, House Races Could Determine Future of Public Ed and Vouchers

Abbott-induced financial crises in public school districts are at the center of key legislative elections in Bexar County and beyond.

Texas Observer

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Government borrowing surged to £16.6 billion in September

The deficit was £2.1 billion more than the same time last year and the third biggest on record for the month, exceeded only by the two Covid years of 2020 and 2021.

Evening Standard

What are executive function delays? Research shows they’re similar in ADHD and autism

Neurodevelopmental conditions such as attention deficit hyperactivity disorder (ADHD) and autism affect about one in ten children. These conditions impact learning, behaviour and development.

The Conversation

US Budget Deficit Widens To $1.8 Tn, Third Highest On Record

The United States on Friday reported a budget deficit of $1.8 trillion for the past year, widening from 2023's level on greater spending, including for interest on the public debt.

International Business Times

France braces for economic judgment amid political turmoil and record debt

France's financial future is under close scrutiny this month as two of the world's top credit rating agencies assess the country's ability to manage its mounting debt. Meanwhile, a hung parliament, fierce budget debates and a record-high deficit have brought the economy to the edge of crisis.

Radio France Internationale

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Japan records trade deficit on weak yen, slowing exports

Japan has reported its exports to key destinations like China fell in September, leading it to rack up a trade deficit of about $2 billion for the month

The Independent UK

UW-Oshkosh chancellor set to resign next year amid declining enrollment, deficit

University of Wisconsin-Oshkosh Chancellor Andrew Leavitt says he plans to step down next summer

The Independent UK

Biggest Comebacks in WNBA Finals History

The Lynx tied the all-time record after overcoming an 18-point deficit against the Liberty in Game 1.

Sports Illustrated

Great Britain win twice to cut America's Cup deficit as Sir Ben Ainslie declares comeback is on

The best-of-seven series is still firmly alive

Evening Standard

Logano: "Expect the unexpected" after surprise return to Round of 8 playoffs

Joey Logano went through a roller coaster of emotions during last weekend's Round of 12 elimination race at the Charlotte Roval. He watched helplessly as Tyler Reddick charged through the field on fresh tires, slashing away at the points deficit while Logano could not move forward. At the checkered flag,…

Motorsport

LNP drum up support after dancing around costings

The Queensland opposition has drummed up interest for its youth crime prevention measures after being accused of dancing around costings ahead of the election.

AAP

WNBA World Reacts to Lynx's Exciting OT Win Over Liberty in Game 1 of Finals

The Lynx overcame an 18-point deficit to win in overtime.

Sports Illustrated

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Reason

Biden and Harris' Record on Spending and Debt Is a Tragedy of Epic Proportion

When they entered the White House, the budget deficit was a pandemic-influenced $2.3 trillion, and it was set to fall to $905 billion by 2024. It's now twice what it was supposed to be.

Radio France Internationale

French PM launches budget plan in test for new government

French Prime Minister Michel Barnier on Thursday presented a deficit-slashing budget to his cabinet ahead of its submission to a hostile parliament in what is seen as a major test of his government's staying power.

International Business Times

New French Government Faces Key Test With Budget Plan

New French Prime Minister Michel Barnier faces a major test Thursday as he presents a deficit-slashing budget to his cabinet before submitting it to a largely hostile parliament.

Radio France Internationale

France’s minority government to present make-or-break austerity budget

France's new government will on Thursday deliver its 2025 budget, with plans for €60 billion worth of tax hikes and spending cuts to tackle a spiralling fiscal deficit. But without a majority, Prime Minister Michel Barnier will likely need to make concessions to avoid a veto from opposition parties.

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France 24

French PM to present 2025 budget to cabinet with financial markets in mind

France's Prime Minister Michel Barnier will hold a cabinet meeting this Thursday where he'll unveil his budget plan for 2025. His bid to reduce the deficit from 6.1 percent of GDP will be looked at closely on international bond markets and by the country's disparate political forces. Also in this…

Sports Illustrated

Has Any Team Ever Come Back From a 2-0 Deficit in WNBA Finals History?

Starting fast will be crucial for the Lynx and Liberty.

Reason

Budget Deficit Hit $1.8 Trillion After Huge Increase in Borrowing Costs

Spending increased by 10 percent last year, while tax revenue increased by 11 percent. Interest payments on the debt shot up by 34 percent.

France 24

US Justice Department considers breaking up Google in search monopoly case

The US Justice Department has told a federal judge that it is mulling over recommending that Google be forced to sell parts of its operations, as a way to tackle the monopoly the tech giant holds over the online search market. This could be the biggest antitrust move in the…

Roll Call

CBO: Fiscal 2024 budget deficit was $1.8 trillion - Roll Call

The federal deficit clocked in at $1.8 trillion for fiscal 2024, according to the Congressional Budget Office.

Autosport

When can Verstappen or Norris clinch the 2024 F1 world title?

Max Verstappen started 2024 with seven victories in 10 grands prix, so it looked as though the Red Bull driver would cruise towards another championship.

Radio France Internationale

EU hails 'promising' initial budget talks with France

EU economy chief Paolo Gentiloni on Monday welcomed his "promising" discussions about France's budget with French Finance Minister Antoine Armand as Paris aims to rein in spending and bring down its deficit.

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