On February 7, local time, according to data released by the US Bureau of Economic Analysis and the US Census Bureau, the US international trade deficit in December 2023 was US$62.2 billion, up from US$61.9 billion in November (revised). US exports in December 2023 were worth US$258.2 ...
Ukraine would like to bridge next year's $43 billion budget deficit mostly through foreign financial aid, including 18.5 billion euros ($20.40 billion) from the EU and more than $8 billion from a US package that also contains vital military assistance. However, Ukrainian President Volodymyr Zelen...
“As long as it stays in the 3% range, then there shouldn’t be a problem,” he added. “For what it’s worth, that’s where I think it will settle.” Core inflation in the US has remained “stubbornly high” and has been stuck at around 3.3% for five quarters, according toJason...
(CNN) — The US government recorded a deficit of $85 billion in December, bringing the total deficit to nearly $1.42 trillion for the 2022 calendar year, the Treasury Department reported Thursday. The government, which runs on a fiscal year that starts in October, is running a deficit of ...
Thus, in our baseline scenario, we forecast the federal budget deficit as a share of GDP to rise slightly from the 6% expected in 2024 to 6.2% in 2025 before falling in the outer years of the forecast as economic growth outpaces spending growth. With the deficit as a share of GDP falli...
Objective In 2020, cancer screenings declined, resulting in a cancer screening deficit. The significance of this deficit, however, has yet to be quantified from a population health perspective. Our study addresses this evidence gap by examining how the pandemic changed the...
The share of USD-denominated foreign exchange reserves ticked up to 58.9% of total exchange reserves in Q1, from 58.4% in Q4, which had been the lowest share since 1994, according to the IMF’s COFER data released on Friday for Q1 2023. ...
The lithium market is facing a growing deficit through 2023, while high-grade in nickel required for EV batteries isexpected to outstrip supply by 2024.Finding the raw materials necessary to boost EV production is quickly becoming the most severe bottleneck in the industry, keeping prices sky-hig...
Both sides of the political aisle agree on the importance of reducing the trade deficit with China and decreasing reliance on Chinese imports. This consensus has led to the implementation of trade barriers during both the Trump and Biden administrations. President Trump initiated a trade war with ...
The share of USD-denominated foreign exchange reserves dipped to 59.2%, according to the IMF’s COFER data released on December 31 for Q3 2023. For the past 20 years, the USD’s share has been on a slow downward trend, with other currencies nibbling at it from...