The week’s data show how clothing prices have been under wraps for over 20 years, while the budget deficit looks to be in better shape than previously estimated. See the data in charts. MarketWatch – Top Stories
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Budget Deficit Outlook Improves Since February
By admin on Wednesday, May 15th, 2013 | Comments Off
The latest Congressional Budget Office report shows the U.S. budget deficit shrinking dramatically over the next few years. What are the forces behind the turnaround? Economy
Read More...Australia forecasts budget deficit
By admin on Tuesday, May 14th, 2013 | Comments Off
The Australian government forecasts a deficit for its current financial year, despite promising a surplus a year ago. BBC News – Economy
Read More...GOP Mulls Deficit Strategy
By admin on Friday, May 10th, 2013 | Comments Off
House Republicans, looking ahead to the next budget battle, are broadening their focus beyond a signature insistence on spending cuts to explore other strategies for reducing the deficit. WSJ.com: Economy
Read More...Deficit Debate Gets a Reset
By admin on Friday, May 10th, 2013 | Comments Off
The federal deficit is shrinking faster than expected due to surging tax revenue and bailout paybacks, altering the budget debate. WSJ.com: Economy
Read More...EU sees deeper euro zone recession in 2013, slower deficit cuts
By admin on Wednesday, May 8th, 2013 | Comments Off
The euro zone economy will contract by more than expected this year and budget deficits will decline more slowly, the European Commission said on Friday as it set out forecasts for the next two years. … Economy, Government & Policy News and Information on Yahoo! Finance
Read More...France to get two more years to cut deficit: EU’s Rehn
By admin on Monday, May 6th, 2013 | Comments Off
France is likely to be given two more years to reach its budget deficit goals, the EU’s top economic official said on Friday, following in Spain’s footsteps as the euro zone relaxes its strict austerity … Economy, Government & Policy News and Information on Yahoo! Finance
Read More...Italy deputy economy minister calls for more time on deficit goal
By admin on Sunday, May 5th, 2013 | Comments Off
MILAN (Reuters) – Italy should seek two more years to meet its deficit targets, new deputy economy minister Stefano Fassina said in a newspaper interview on Sunday, underscoring splits within the ruling coalition on the central issue of austerity versus growth. “I consider it absolutely necessary,” Fassina, a leading critic of Europe’s austerity programmes, told [...]
Read More...French finance minister says Europe’s deficit move marks end of “austerity dogma”
By admin on Sunday, May 5th, 2013 | Comments Off
PARIS (Reuters) – Europe's move to give France two more years to cut its public deficit to below 3 percent marks the end of the "austerity dogma" in Europe, French Finance Minister Pierre Moscovici said on Sunday. The European Commission on Friday gave France two more years to meet its budget deficit target because of [...]
Read More...France to get more time to cut deficit as euro zone recession bites
By admin on Friday, May 3rd, 2013 | Comments Off
By Jan Strupczewski and Robin Emmott BRUSSELS (Reuters) – France will get two more years to meet its budget deficit target because of the country's poor economic outlook within a recession-hit euro zone, the European Commission said on Friday. Presenting economic forecasts for the next two years, Olli Rehn, the European monetary affairs commissioner, also [...]
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