deficit

Shipping containers are seen at the port of Oakland, as trade tensions continued over U.S. tariffs with China, in Oakland, California, on May 12, 2025.Carlos Barria | ReutersReceipts from U.S. tariffs hit a record level in April as…

A security guard stands outside the building near signs advertising the International Monetary Fund/World Bank Spring Meetings in Washington, DC, on April 17, 2025. Jim Watson | AFP | Getty ImagesThe International Monetary Fund forecasts…

Riyadh, Saudi Arabia.Johnnygreig | E+ | Getty ImagesCrashing oil prices triggered by waning demand, global trade war fears and growing crude supply could more than double Saudi Arabia's budget deficit, a Goldman Sachs economist…

The U.S. Treasury Building is seen from the Washington Monument on a cold, winter day on Jan. 21, 2025 in Washington, DC.Kevin Carter | Getty ImagesThe U.S. debt and deficit problem worsened during President Donald Trump's first month in…

A view from the United States Department of the Treasury building in Washington DC, United States on December 30, 2024. The US Treasury Department was cyberattacked by a Chinese state-sponsored actor in early December. Celal Gunes |…

The US Treasury building in Washington, DC, US, on Tuesday, Aug. 15, 2023.Nathan Howard | Bloomberg | Getty ImagesThe U.S. budget deficit swelled in November, putting fiscal 2025 already at a much faster pace than a year ago when the…

SAN ANTONIO – In the face of a reported $4 million hole in the current year’s budget, the administration at Texas A&M University-San Antonio claims all is well.Faculty, though, have been left wondering about the university’s…

The Africa President, International Federation of Consulting Engineers (FIDIC), Kabelo Motswagole, an engineer, who is also the Managing Director of Herbco Technical Services, Botswana, was in Nigeria…

Welcome to independence week. The big one — the celebration of 1776 and all that — kicks off across the US on Monday. But from Algeria to Venezuela, Argentina to South Sudan, disconnecting from former colonial powers is a strong theme —…

A prolonged war in Ukraine has pushed the prices of crude oil beyond $100 a barrel. And due to it, the trade deficit in June soared to a high of $25.63 billion. It stood at $9.61…