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The Latest Breaking News from Deficit

Expected Interest Rate Hike Will Add $2 Trillion to the Deficit

So much for the idea that low interest rates meant the government could borrow endlessly with no consequences.

Reason

AJC poll gives Republicans the edge in most races

ATLANTA — The latest Atlanta Journal-Constitution poll paints a bleak picture for Georgia Democrats in November, with every statewide candidate aside from U.S. Sen. Raphael Warnock facing a sizable deficit less than two months before the election.

Tribune News Service

Government announces inquiry into childcare costs, while Chalmers promises 'conversation' about budget challenges

The Albanese government will set up an inquiry into the increasing cost of child care, which will start in January and run for a year.

The Conversation

From analysis to the latest developments in health,
read the most diverse news in one place.

Russia's PM sees budget deficit at 2% of GDP in 2023

(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine)

Reuters

Axe hangs over Morrison’s legacy as government gets serious before budget

Slashing budget deficits have long been cast as a Treasurer’s reason for being. But Jim Chalmers was muted on Tuesday.

The New Daily

Morocco’s Budget Deficit Reaches $3bn in August

Morocco’s Ministry of Economy and Finance said Monday that the situation of the Moroccan Treasury's expenses and resources indicated a budget deficit of 30.4 billion dirhams ($3 billion) by August 31, against 43.3 billion dirhams ($4.3 billion) a year earlier. Also, tax revenues showed a good overall performance, with an…

Asharq Al-Awsat

Week 2 provides a Comeback Sunday NFL hasn’t seen in years

Call it a Comeback Sunday the NFL hasn’t seen in years

The Independent UK

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Falcons nearly overcome 28-3 deficit in Week 2 loss

The Falcons nearly overcame a 28-3 Rams lead but fell short in the fourth quarter.

USA Today Sports Media Group

Tagovailoa throws career-high 6 TDs, Dolphins overcome 21-point deficit in win over Ravens

BALTIMORE — The Dolphins completed one of their most miraculous come-from-behind victories in franchise history in Baltimore.

Miami Herald

Flynn Goodman to the rescue as Maitland Magpies soar into NPL men's grand final

Flynn Goodman stepped in for an injured James Thompson to score a hat-trick and help send Maitland into the NPL men's NNSW grand final with a 4-1 comeback win over Broadmeadow at Cooks Square Park on Sunday. The Magpies, two weeks after clinching the premiership, lost Thompson to a nasty…

Newcastle Herald

Who picked the PM? Breakdown of voters for Tory leader

Critics have pointed to a democratic deficit at the heart of the contest

Wales Online

How climate change is altering Indian monsoon

Research shows that global warming increases the fluctuations in the monsoon, resulting in both long dry periods and short spells of heavy rains

The Hindu

Bescom has surplus power, but plans special drive to counter ₹1,412 crore deficit in revenue

Following the launch of the special drive, tariff collection efficiency reached 100.88% in August 2022

The Hindu

Japan logs record Aug trade deficit on weak yen, costly oil

Japan has reported it posted a record trade deficit in August as costs for imports of oil, gas and other commodities soared

The Independent UK

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Daily Record

Councillors unanimously agree to comprehensive review of Perth Harbour after decline in use

The Fair City's harbour has been operating at a deficit and one option mooted is to close it

Chronicle Live

Special education in North Tyneside facing financial pressures with £17m deficit

The council anticipates cash pressures as more and more children require additional educational support

Asharq Al-Awsat

Egypt’s Trade Balance Deficit Drops 12.4%

Egypt’s trade deficit declined by 12.4% year-on-year (YoY) in June, according to data released on Monday by the Central Agency for Public Mobilization and Statistics (CAPMAS). The monthly bulletin revealed that the deficit value of trade balance reached $3.21 billion in June, down from $3.66 billion for the same month…

Sports Illustrated

Why the Saints Shouldn’t Be Ignored After Week 1

They’re getting healthier and under new coach Dennis Allen and quarterback Jameis Winston, they were able to overcome a 16-point deficit for the first time in franchise history.

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USA Today Sports Media Group

Saints outdid themselves vs. Falcons in franchise-record fourth quarter comeback

The Saints outdid themselves against the Falcons on Sunday. The 16-point deficit they overcame in the fourth quarter is a new franchise record:

Chicago Sun-Times

Aces take Game 1 of WNBA Finals

The Aces staved off a late run by the Sun, who nearly erased a seven-point deficit with 1:24 left.

Asharq Al-Awsat

Barcelona’s LaLiga Spending Cap Raised by 800 Mln Euros

LaLiga has raised Barcelona's spending limit by 800 million euros ($803 million), bringing it out of a spending deficit after the Catalan side sold off chunks of assets to patch up its finances, the Spanish league said. Barcelona were given a cap of 96 million euros last year, which was…

Reuters

Bolsonaro narrows deficit to Lula ahead of Brazil election - Datafolha poll

Brazil's President Jair Bolsonaro's slightly narrowed his deficit to opponent Luiz Inacio Lula da Silva ahead of an October election, a poll published on Friday showed.

Dynamite News

"Salary delays, misgovernance" by Delhi Govt, says Delhi University Teachers' Association, urges Centre's intervention

The Delhi University Teachers' Association (DUTA) on Friday urged the Centre to take over colleges run by the Arvind Kejriwal-led Aam Aadmi Party (AAP) government claiming that teachers were not getting proper salaries due to budget cuts while political activists were being appointed as head of governing bodies. Read more…

Autosport

Leclerc expects "difficult" Ferrari home F1 race given Red Bull speed

Charles Leclerc says it will be a 'difficult weekend on paper' for the Ferrari Formula 1 team to stop Red Bull and win on its home turf in Monza given its straightline deficit.

Motorsport

Leclerc braces for "difficult" Ferrari home race given Red Bull's top speed

Charles Leclerc says it will be a 'difficult weekend on paper' for the Ferrari Formula 1 team to stop Red Bull and win on its home turf in Monza given its straightline speed deficit.

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