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The Latest Breaking News from Deficit

Sudan to Raise Import Duties on 130 Items

The Sudanese authorities have raised customs duties on 130 commodities, including gasoline and wheat, to cover the expected deficit in this year's budget. The tariff hike, which immediately entered into force, would increase the prices of many imported and local goods amid the country's stagflation. The Customs Authority stated that…

Asharq Al-Awsat

FTSE 100 Live: Ocado posts big loss, AO World upgrades earnings guidance

Education publisher Pearson today said it beat expectations in 2022 after an 11% rise in underlying operating profits to £456 million.

Evening Standard

Why Zlatan Ibrahimovic cannot play for AC Milan against Tottenham in Champions League clash

Tottenham Hotspur will look to qualify for the Champions League quarter-finals by overturning a first leg deficit against AC Milan and will avoid coming up against one of the all-time great strikers

Football London

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Kirill Kaprizov's natural hat trick rallies Wild to 3-2 overtime victory over Columbus

The Wild picked up their first multi-goal comeback of the season on Sunday, erasing a two-goal deficit before shrugging off the Blue Jackets 3-2 in overtime at Xcel Energy Center for their fifth win in the last six games.

Tribune News Service

Lamont Butler Stuns Lobos With 73-71 Aztecs Buzzer Beater Win

Lamont Butler Stuns Lobos With 73-71 Aztecs Buzzer Beater Win The Aztecs came back from a ten-point deficit at the half and clawed their way back to victory at The Pit, showing incredible grit. Contact/Follow @tedmcgovern & @MWCwire "It stings. It ...

USA Today Sports Media Group

‘They want the aggressive option’: Ben Stokes backed on decision to enforce follow-on

Stokes sent the home side back into bat with a 226-run deficit midway through the third morning

The Independent UK

Julius Randle ties career high with 46 points as Knicks rally to overcome 19-point deficit against Wizards

A crowning moment for King Julius.

Tribune News Service

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Feds seek to limit telehealth prescriptions for some drugs

The Biden administration is moving to require patients see a doctor in person before getting drugs to treat attention deficit disorders or addictive painkillers, toughening access amid a deepening opioid crisis

The Independent UK

Malaysia helps poor, raises taxes for rich in 2023 budget

Malaysia will raise development spending and plans new taxes for the wealthy in a smaller budget plan this year, as the new government seeks to balance between spurring economic growth and reining in the budget deficit

The Independent UK

Shannon’s surge rallies Illinois past No. 21 Northwestern

Terrence Shannon Jr. shook off a slow start in his return from a concussion, scoring 24 of his 26 points in the second half as Illinois rallied from an 18-point halftime deficit to win 66-62.

Chicago Sun-Times

How Sri Lanka sleepwalked over a debt cliff

The issues that led Sri Lanka to become an economic basket case in 2022 serve as a warning for other nations.

360info

Commentary: On the debt limit fight, it’s time to end business as usual

President Joe Biden has called for an increase in the debt ceiling. To avoid another fight with Congress on the issue ahead of the 2024 elections, he would need lawmakers to boost the current ceiling by roughly $2.5 trillion. This would allow for total debt of about $34 trillion, or…

Tribune News Service

Pritzker steers Illinois toward a true balanced budget

The deficit at the end of the coming fiscal year is said to be the lowest “in nominal, non-inflation-adjusted dollars that it has been in 25 years.” Not bad.

Chicago Sun-Times

Liverpool can cancel entire Champions League points deficit in game-changing week of fixtures

Liverpool are currently nine points off the Champions League places but could be about to cancel out that deficit by March 1

Liverpool Echo

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Fortune

How to solve the U.S.'s deficit problem

It's time for shared sacrifice—so don't hold your breath.

Reuters

Russia stands by 2% of GDP budget deficit plan after huge Jan shortfall

Russia's finance ministry is sticking with plans to post a budget deficit of no more than 2% of gross domestic product (GDP) in 2023, despite towering spending and slumping energy revenues contributing to a huge shortfall in January.

Daily Mirror

Joe Cole ignores Kylian Mbappe and Lionel Messi as he picks key PSG duo in Bayern rematch

Paris Saint-Germain lost the first leg of their Champions League last 16 tie to Bayern Munich on Tuesday and now have a 1-0 deficit to overturn at the Allianz Arena in Munich next month

The Independent UK

Protocol deal must address ‘democratic deficit’ in NI, DUP MP insists

Sinn Fein’s Michelle O’Neill said the DUP had to stop holding people in Northern Ireland ‘to ransom’.

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Evening Standard

Tottenham narrow favourites to keep Champions League dream alive despite AC Milan deficit

Spurs must improve but plenty of reasons to feel cautiously optimistic

The Independent UK

White House: GOP plans would drive deficits up $3 trillion

President Joe Biden plans to go on the offensive against Republicans by saying their policies would add $3 trillion to the national debt

Asharq Al-Awsat

PSG Coach Galtier Sees Hope of Turning around Bayern Deficit

Paris Saint-Germain coach Christophe Galtier said he was hopeful his side could still qualify for the quarter-finals of the Champions League despite losing 1-0 at home to Bayern Munich in the first leg of their last 16 tie on Tuesday. "It might seem a banal thing to say but tonight…

Tribune News Service

Luke DeCock: Coach K makes his Cameron return — as a fan, to help honor Mike Brey

DURHAM, N.C. — The day was surely going to come, eventually. Mike Krzyzewski couldn’t stay away forever. Not from Duke basketball. And not from Cameron Indoor Stadium.

Evening Standard

Tottenham have a star in Pape Matar Sarr as older heads continue to underwhelm

Tottenham will have to overturn a 1-0 deficit against AC Milan to reach the Champions League quarter-final but a 1-0 defeat in the last-16 first leg could not be blamed on their rookie midfield of Oliver Skipp and Pape Matar Sarr.

Glasgow Live

Glasgow unions demand 'no cuts' budget amid fears over £100million council cash crisis

Glasgow's deficit is at an estimated £100 million - the largest Glasgow has ever faced. Unions are calling on the council not to deliver further cuts when the budget is announced.

Liverpool Echo

Son of former Premier League star scores brace as Liverpool come from behind in six-goal thriller

A last-minute penalty ensured Liverpool U18s took home a share of the spoils against Derby County

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