Friday, November 23, 2012


  • UPDATE 1-Mexico's current account posts deficit in 3rd quarter

    Flagging exports, fewer remittances feed deficit. * Foreign investment in stocks, bonds hit record high. MEXICO CITY Nov 23 (Reuters) - Mexico posted a current account deficit in the third quarter as a global slowdown weighed on exports, but foreign ...

  • German Parliament Approves 2013 Budget Amid Risk to Deficit

    Germany's lower house of parliament passed the 2013 federal budget that the Bundesbank said may include an optimistic forecast for cutting the deficit. The federal budget envisages spending of about 302 billion euros ($390 billion) in 2013, about 10 ...

  • S&P confirms France's AA+ rating, warns on deficit

    PARIS (Reuters) - Standard & Poor's rating agency confirmed France's long-term rating of AA+ on Friday and negative outlook but warned the government was likely to miss its public deficit target next year. Days after rival Moody's stripped France of ...

  • Cowboys can't make up deficit against Redskins, lose 38-31

    ARLINGTON, TX - NOVEMBER 22: Tony Romo #9 of the Dallas Cowboys looks for an open receiver under pressure against the Washington Redskins on Thanksgiving Day at Cowboys Stadium on November 22, 2012 in Arlington, Texas.

  • Attention-deficit patients are more likely to commit crimes when off ADHD ...

    Older teens and adults with attention deficit disorder are much less likely to commit a crime while on ADHD medication, a provocative study from Sweden found.

  • Japan logs 4th straight trade deficit in October

    The Ministry of Finance said Wednesday that imports exceeded exports by 549 billion yen ($6.7 billion), the biggest deficit for October since at least 1979, when the ministry began keeping comparable records. Exports for the month fell 6.5 percent from ...

  • US energy boom likely to fuel long-term dollar demand

    Shrinking U.S. deficit to entice dollar buyers. * Yen vulnerable to energy import needs. * Short-term risk to Canadian dollar from export decline.

  • Time to fix state's structural deficit

    Gov. Mark Dayton and the newly elected DFL Legislature need to address Minnesota's budget deficit in the session that convenes in January.

  • UPDATE 2-Brazil recovery widens current account gap in Oct-cenbank

    Brazil posts larger-than-expected $5.4 bln c/a deficit. * Economic recovery boosts imports and profit remittances. * Foreign direct investment marks new record for October.

  • 400 000 oz platinum supply deficit expected, owing to South African labour ...

    The global platinum market will move from a surplus of 430 000 oz in 2011 to a deficit of 400 000 oz in 2012, as supplies are expected to drop by 10% to 5.84-million ounces, owing to labour disruptions and mine closures in South Africa and a lower ...

  • UK Budget Deficit Unexpectedly Swells on Spending Gain

    Britain's deficit is on course to overshoot the 120 billion pounds forecast by the Office for Budget Responsibility for the fiscal year, dealing a blow to Chancellor of the Exchequer George Osborne before his Autumn Statement on Dec. 5. He will present ...

  • Establishment Screams: Avoid Fiscal Cliff and Borrow, Borrow, Borrow!

    All of official Washington and their media lapdogs are shaking in fear of the so-called "fiscal cliff" that is looming January 1, counseling that the economy needs to continue its wild trillion-dollar deficit spending habits into the indefinite future ...

  • Great Graphic: Deficit Reduction American Style

    Besides the demobilization after WWII, the other time the deficit was cut quicker was the tightening of fiscal policy in 1937 served to extend the Great Depression.

  • UPDATE 2-Widening UK budget deficit casts fresh gloom on economy

    LONDON, Nov 21 (Reuters) - Britain borrowed much more than expected in October, thwarting finance minister George Osborne in his efforts to reduce the deficit and shunt the economy away from stagnation. The figures published on Wednesday show ...

  • Serb Current-Account Deficit Widens 27.7% on Bigger Trade Gap

    Serbia's current-account deficit widened 27.7 percent in the first nine months from a year earlier as the trade gap expanded, remittances fell and foreign direct investments declined.

  • State Sen. Rob Kane: Please don't use the D-word

    It's called a projected deficit, but Gov. Malloy doesn't want us to use that "d" word. He says he views the billion-dollar budget deficit as a "shortfall" and not a deficit. "Shortfall" sounds so much nicer when you are referring to a billion-dollar ...

  • Mauritius Trade Deficit Narrows In September

    Mauritius' merchandise trade deficit decreased notably from the previous month in September, data released by the statistical office showed Friday.

  • Boehner Wants 'Obamacare' as Part of Deficit Talks

    We'll know soon enough whether everything really is on the table in the deficit-reduction talks between the White House and Congress.

  • Exclusive: India's fiscal deficit could reach 5.5-5.6 percent of GDP in 2012 ...

    NEW DELHI (Reuters) - India's fiscal deficit could reach 5.5-5.6 percent of GDP in the current fiscal year that ends in March, forcing the government to borrow up to 400 billion rupees ($7.2 billion) extra from the market, a senior government official ...

  • Russ Pulliam: A human deficit

    Robert Hall thinks that our most important national problem is not the federal deficit, the economy or the crisis in public education.

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