Problems facing the world demand statesmanship from serious leaders who simply don’t exist in the West, Milorad Dodik, the Serb member of the Bosnia-Herzegovina presidency, complained on Thursday. Russia’s Vladimir Putin, Chinese leader Xi Jinping – and Turkish head-of-state Recep Tayyip Erdogan, to some extent – are the only leaders who …
Read More »Germany facing cigarette deficit – media
A shortage of cigarette packaging paper could affect smokers in Germany, with some brands almost impossible to find in retail stores, Bild newspaper reported on Friday. According to the paper, one of the causes for the problem was the shutdown of a Philip Morris plant for the production of cigarette …
Read More »Grain deficit looming for EU – diplomat
Greece’s First Deputy Foreign Minister Miltiadis Varvitsiotis said on Tuesday that the country and the EU as a whole should brace for a grain deficit as the result of the conflict in Ukraine and anti-Russia sanctions. The shortage could mean, “Firstly, a significant increase in prices and, secondly, it could …
Read More »Biden bill will add tens of billions to US deficit, federal agency says
In a development that may put some moderate Democrats on the fence, the Congressional Budget Office, a non-partisan body in charge of estimating the cost of pending legislation, found that Biden’s Build Back Better plan is likely to come at a heavy price for the US economy. In its much-awaited …
Read More »US hits second largest deficit ever at $2.77 trillion after 2 years of pandemic spending
The fiscal year’s $2.77 trillion deficit may be the second largest on record, but the Treasury Department claimed the decline from year to year as a sign of the economy recovering. “Under President Biden’s leadership, the U.S. economy is getting back on track and Americans are getting back to work,” …
Read More »US trade deficit reaches record $73.3bn amid ongoing spat with China
The trade deficit, which amounted to $73.3 billion, topped the previous record of $73.2 billion set in June, according to a report released by the US Department of Commerce. Economists polled by Reuters had expected the trade gap to widen to $70.5 billion. Exports rose 0.5% to $213.7 billion, reflecting …
Read More »The US budget deficit has updated the record
In annual terms the budget deficit of the United States increased a hundred fold and continues to increase. By the end of June, the budget deficit rose to a record $864 billion, according to the Finance Ministry. A year ago the deficit was only $8,477 billion. A huge deficit due …
Read More »Anatomy of a rumor: the stability of the deficit
Scandals boil around the elections not only objects informatic increasingly, the Ministers, and even the previously untouchable head of state-owned corporations. The problem is the shape of the letter W The detention of the journalist Ivan Golunova, which the interior Ministry was forced to release after strong public pressure, has …
Read More »Became aware of the enormous deficit of the pension Fund of the Russian Federation
Anton Siluanov admitted that not enough about a trillion rubles. The deficit of the Pension Fund of Russia today is one trillion rubles. This means that the costs of the pension Fund is about eight trillion rubles. Revenue, which collects the Pension Fund at the expense of deductions from the …
Read More »The deficit on the Apple iPhone X will remain until the summer of 2018
Analysts believe the high demand for the new smartphone Apple iPhone X presented last Tuesday, so much so that even predicted the time of his stay in a deficit. Says analyst firm KGI Securities, the difficulty in buying top-end Apple cell phone in the right color or picking will last …
Read More »