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The Latest Breaking News from Deficit

Trump’s obsession with trade deficits has no basis in economics. And it’s a bad reason for tariffs

Those of us who study trade and investment for a living are, I suspect, becoming exasperated with both the White House stance on tariffs and the way that this is reported in much of the media. US president Donald Trump believes that if a country has a trade surplus with…

The Conversation

Ronnie O'Sullivan holds narrow lead over rival Ali Carter in World Snooker Championship opener

Ali Carter made an impressive recovery to close the gap on Tuesday afternoon

Evening Standard

Ronnie O’Sullivan leads rival Ali Carter on snooker return at the Crucible

The pair’s much-hyped first-round clash failed to produce fireworks on or off the table.

The Independent UK

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All-Time Record for Teams Who Fall Behind 2–0 in NBA Playoff Series

Every second matters in the NBA playoffs. There isn't a single play that isn't of the utmost importance. That's because losing a game is a tall order to overcome. And losing two of them is practically impossible to battle back from.

Sports Illustrated

Every NHL Team That Has Ever Come Back From 3-0 Series Deficit in Stanley Cup Playoffs History

Only four times in Stanley Cup Playoffs history has a team erased a 3–0 deficit and come back to win the series.

Sports Illustrated

U.S. and China Locked in a ‘Mutual Embargo’ That Trump Won’t Win, Says Former WTO Chief

Trump’s bid to solve the U.S. trade deficit won’t work, says Pascal Lamy

Caixin Global

How Many Teams Have Come Back From Down 0-2 in the NBA Playoffs?

An 0-2 deficit is one that NBA teams face every postseason, but rarely come back from. Here's what the statistics say.

Sports Illustrated

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Lucy Bronze’s rousing speech gives Chelsea hope for Barcelona second leg

Lucy Bronze delivered a rousing post-match speech urging Chelsea to believe they can overturn a 4-1 Champions League semi-final deficit against Barcelona

The Guardian - UK

Report commissioned by Welsh Government explores currency pathways post-independence

THIS report delves into the potential currency pathways for Wales post-independence ...

The National (Scotland)

'I thought, if the doctor is telling me it's fine, it must be fine - but it wasn't': Battling REDs and spotting the symptoms

Former pro cyclo-cross racer Corey Coogan Cisek assesses the problem of relative energy deficit in sport – REDs – drawing on her own battle with the condition

Cycling Weekly

The U.S. trade deficit: It’s time to dump do-it-yourself economics and go back to basics

The Trump admin and critics alike seem unaware of a key mechanism that governs the magnitude of a trade balance.

Fortune

Japan reports a $63 billion trade surplus with the US as it talks with Trump on tariffs

Japan recorded a trade deficit for the fiscal year that just ended but racked up a $63 billion surplus with the United States

The Independent UK

Closest a Team Has Ever Been to Coming Back from a 3-0 Deficit in NBA Playoff History

Can history be made during this year's NBA playoffs?

Sports Illustrated

Champions League: Madrid target 'remontada' against Arsenal in fight to face PSG

Holders Real Madrid take on Arsenal on Wednesday night aiming for a remontada – Spanish football jargon for a comeback – to overturn a three-goal deficit and advance to a semi-final clash with Paris Saint-Germain.

Radio France Internationale

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The Guardian - AU

Rugby Australia posts $36.8m deficit amid wait for financial windfall to arrive

RA expects a commercial bonanza from British and Irish Lions tour after taking a hit from costs of running Waratahs, Brumbies and Rebels

The Independent UK

Serhou Guirassy hat-trick in vain as Barcelona hold on against Borussia Dortmund to reach semi-finals

Borussia Dortmund 3-1 Barcelona (3-5 agg.): A win on the night was not enough for the German side to overturn their first-leg deficit

Evening Standard

Carlo Ancelotti channels Carlos Alcaraz to inspire Real Madrid comeback against Arsenal

Los Blancos boss also insists failure to overturn sizable deficit in the Champions League quarter-finals won’t impact his position at the Bernabeu

Euronews

UN trade agency urges US to exempt poorest countries from reciprocal tariffs

UN report says 28 of the 57 nations targeted by the Trump administration's now-paused tariffs each account for less than 0.1% of the US trade deficit.

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Sports Illustrated

How Many Teams Have Come Back From 3–1 Deficits in the NBA Playoffs?

It's not easy, buit it can be—and has been—done.

Al Jazeera

Trump’s tariffs: A simple illustrated guide to 15 economic terms to know

What do terms like tariffs, trade deficits, trade wars, bonds, and recession mean in simple language?

Euronews

Can the EU really ramp up imports of US energy as Trump demands? - Analysis

Amid the chaotic lunges, feints and ripostes of his incipient trade war, Donald Trump has refloated the idea that Europe could close its trade deficit with the US by dramatically increasing imports of US energy.

The Independent UK

US budget deficit grows to $1.3 trillion, the second highest six-month level on record

The U.S. budget deficit has grown to more than $1.3 trillion in the first half of the fiscal year

Autosport

Why Verstappen fears "severe" tyre deg deficit to McLaren in Bahrain

Although Max Verstappen chalked up a decisive victory over the McLarens at last week's Japanese Grand Prix, he believes the higher-degradation properties of the Bahrain circuit will ensure Red Bull is in for a much tougher weekend.

The Independent UK

Olivia Munn mocks Trump’s ‘destructive’ tariff strategy in surprise Daily Show return

‘This is all to make up for Donald Trump’s enormous deficit of attention and love,’ Munn quipped

The Independent UK

House passes budget framework in tense vote after Mike Johnson wins over conservatives

Speaking alongside Senate’s John Thune as holdouts balk over deficit spending, Johnson promises final budget will include steep cuts

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