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The Latest Breaking News from Deficit

Wilko owed £625m when it collapsed, leaving pension fund £50m short

Retailer’s unsecured creditors, who include suppliers, will recoup less than 8% of what they are owed

The Guardian - UK

Vasseur: Ferrari can’t "postpone the fight" with Mercedes to 2024 F1 season

In the four races held since the summer break, Ferrari has passed Aston Martin for third place in the constructors’ championship, and cut the deficit to Mercedes in second from 56 points to 20, while Carlos Sainz became the first non-Red Bull winner of the season in Singapore.

Autosport

India’s external debt rises to $629.1 billion at end-June 2023: RBI

India's external debt rose to $629.1B at end-June 2023, with long-term debt up $9.6B. CAD widened to $9.2B in Q1:2023-24, due to higher trade deficit and lower net services surplus.

The Hindu

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Uruguay recover to beat indisciplined Namibia at rugby World Cup

Uruguay overturned an eight-point half-time deficit on Wednesday night to inflict yet another defeat on Namibia at a rugby union World Cup.

Radio France Internationale

GOP shutdown threat is the wrong way to win a budget war − history shows a better strategy for reducing the deficit

Congress has just days to keep the federal government from grinding to a halt, and a last-minute deal seems increasingly unlikely. The problem is that lawmakers need to pass a dozen appropriations bills – or a single continuing resolution – by Sept. 30, 2023, in order to keep the government’s…

The Conversation

Monsoon begins withdrawal from Rajasthan

Monsoon withdrawal begins in West Rajasthan on September 25, a week behind normal. August rains were 36% below normal, but Sept rains 16% above normal, reducing overall deficit. Sept rains most above-normal in S. India & C. India, below-normal in east and northeast India. Monsoon withdrawal takes until mid-Oct.

The Hindu

Behind the Numbers: Packers overcome 17-point fourth quarter deficit vs. Saints

Highlighting the numbers that help tell the story of the Packers' comeback win over the Saints in Week 3.

USA Today Sports Media Group

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Revenue deficit of Andhra Pradesh crosses budget estimates in first quarter itself

Q1 review of 2023-24 finances in Andhra Pradesh shows grim picture: revenue deficit exceeded BE; revenue expenditure 31.82% of BE; fiscal deficit 39.49% of BE; public debt 32% of BE; open market borrowings 36% of BE; 31.82% of commitments to Navaratnalu achieved.

The Hindu

Biggest plays from the Packers’ incredible fourth quarter comeback vs. Saints

The Packers erased a 17-0 deficit, scoring 18 straight points to stun the Saints on Sunday. Here's how it happened in the fourth quarter.

USA Today Sports Media Group

Kerala’s rainfall deficit dips ahead of southwest monsoon’s withdrawal

Kerala's monsoon deficit reduced to 38% due to late surge, withdrawal likely to begin in a day. Further strengthening of El Niño and positive IOD likely to bring relief in upcoming NE monsoon season. Idukki reservoir has only 36% water despite late surge.

The Hindu

Prakasam peasants worried over poor storage in Krishna basin reservoirs

Prakasam farmers cross fingers for poor reservoir storage in Krishna basin. Poor inflows result in meagre 285.69 tmc storage vs. 575.57 capacity. No inflows to Nagarjunasagar reservoir, irrigating district. 42.7% excess rainfall improves crop coverage, but 70.9% deficit in August affects standing crops. Chilli cultivation with bore well water in…

The Hindu

Mercedes not “clinging on” to current concepts for 2024 F1 car revamp

A one-second deficit to pole position man Max Verstappen in qualifying for the Japanese Grand Prix has exposed the major downforce deficit and balance struggles that Mercedes duo Lewis Hamilton and George Russell have been battling with all season.

Autosport

Mercedes not "clinging on" to current concepts for 2024 F1 car revamp

Motorsport

Federal budget back in black for first time in 15 years

The Labor federal government has smashed its earlier forecasts for a budget surplus, although the treasurer says deficits are expected in coming years.

AAP

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The Conversation

Traffic tickets can be profitable, and fairness isn't the bottom line in city courts where judges impose the fines

When city governments spend more money than they take in, officials often search for ways to generate revenue. One increasingly common source of money is traffic tickets. And research shows police officers issue more traffic tickets when cities are financially in a deficit.

Reason

'Bidenomics' Is Failing Everyday Americans

The big spending has fueled higher inflation, resulted in larger-than-projected deficits, and contributed to a record level of debt.

Reason

How the Federal Budget Deficit Doubled in a Single Year

It's not the first time that has happened, but there are key differences about what happened this year.

Sports Illustrated

NFL Week 2 Coaching Decisions: Why We Liked Arthur Smith’s Aggressiveness, Patriots’ Creativity

The Falcons’ coach looked like he was about to panic on a gutsy fourth-down play, while Bill Belichick’s use of motion on a field goal block was truly remarkable.

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The Guardian - AU

ADHD has become an identity, not just a disorder. We need a new way to talk about it

For many, an attention deficit hyperactivity disorder diagnosis is the thing it took to forgive ourselves and finally start healing

The Independent UK

Japan records a trade deficit in August as exports to China, rest of Asia weaken

Japan has reported that its exports fell 0.8% in August from a year earlier, with steep declines in shipments to China and the rest of Asia

Chicago Sun-Times

Lions fall to Seahawks 37-31 in overtime

The Seahawks (1-1) earned the victory after the Lions (1-1) rallied from a 10-point deficit late in the fourth quarter.

The Hindu

Testing times: On shrinking of India’s goods exports

Shrinking services exports imply that their ability to bridge the goods trade deficits that were up sharply last year, will be restricted

The Hindu

KSDMA recommends drought mitigation steps for Kerala

Kerala initiates drought mitigation measures despite 6% reduction in monsoon deficit. 3R approach for water security, assessment of rainfall, water availability & temperature, infrastructural works, rain harvesting pits, and availability of drinking water to animals. IMD forecasts above normal rainfall till Sep 28, but monsoon likely to end as deficient…

Sports Illustrated

College Football World Reacts to Colorado’s Furious Rally, Win Over Colorado State

The Buffaloes rallied from an 11-point deficit to win in double overtime and remain unbeaten on the season.

The Guardian - UK

NHS sinks into £7bn cash crisis as inflation and strikes bite

Soaring deficits at health trusts across England cast doubt on Rishi Sunak’s waiting lists pledge

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