The Latest Breaking News from Deficit

All 24 jobs at Dundee University’s Leverhulme research centre could be axed because of £30m budget deficit

Hong Kong is facing its toughest fiscal test in three decades following a painful run of mammoth deficits, with experts urging the government to make careful cuts as the economy wobbles.

The US-EU trade war is gathering pace. Following the imposition of 25% US import tariffs on steel and aluminium from March 12, President Trump has announced further plans to introduce “reciprocal” tariffs on all countries on or after April 1. This means that the US would match other countries’ import…

South East Melbourne erased a 20-point deficit against Adelaide to book their spot in the NBL Playoffs with an 85-75 win at John Cain Arena.

A value-added tax is not a tariff, but Trump blames it for America’s trade deficit with the European Union.

Austerity is an unusual economic concept. While it is one of the economic terms that attracts the most interest from the public, it remains controversial in policy debates. Advocates argue that reducing government deficits through spending cuts and tax increases restores confidence and stabilises economies. Critics, however, warn that these…

Liverpool opened up a nine-point gap at the top with their win over Everton – so what hope can Arsenal have of catching the Reds?

​The House Budget Committee approved a fiscal framework that inches Republicans closer to their prized “big, beautiful” reconciliation bill.

The U.S. must slash its deficit to 3% from an expected 7.5% before the president’s second term in office ends, otherwise a death spiral will likely ensue.