BUDGET DEFICIT

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ECONOMY

US deficit expected to hit $3 trillion in 2021: Budget office

The US government's budget deficit is projected to hit $3 trillion for the second year in a row, according to a Congressional Budget Office estimate released Thursday.

ew

GLOBAL BATTLE AGAINST CORONAVIRUS

WHO in ‘imminent danger’ due to funding shortage: Top expert

The WHO is facing a critical lack of funding which is highly impeding its urgent operations and risks "paralyzing" its ability to provide rapid and flexible help to countries.

The World Heath Organization

BUSINESS

Sudan inflation soars, raising specter of hyperinflation

Sudan is grappling with increasing prices as the country’s budget deficit widens.

sudan market

BUSINESS

Brazil posts $17 billion budget deficit in August

Brazil government posts $17 billion budget deficit in August as emergency spending continues apace

jair bolsonaro

FRANCE

France unleashes 100-billion-euro stimulus to revive economy

The French government details its 100-billion-euro ($118.3-billion) stimulus plan to erase the economic impact of the coronavirus crisis over two years.

France

ECONOMY

US federal deficit soars to record $2.7 trillion amid pandemic: CBO

The federal deficit in the first nine months of the fiscal year hit a record $2.7 trillion, according to Congressional Budget Office (CBO) estimates.

re

ECONOMY

US reports record $738 billion budget deficit in April

The United States has reported a record $738 billion budget deficit in April as an explosion in government spending and a shrinking of revenues.

US dollar bills