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By , on May 22nd, 2013 <!– google_ad_section_start –> TOKYO (AP) — Japan reports trade deficit jumped to $8.6 billion in April as import costs surged. <!– google_ad_section_end –>
Continue reading Japan reports trade deficit jumped to $8.6 billion in April as import costs surged
By , on May 20th, 2013 <!– google_ad_section_start –> China and India agreed yesterday to launch a fresh round of talks to settle their long-running border disputes. They also pledged to draw up a roadmap to reach a “dynamic balance” in trade between the two emerging economic powers. We need to improve the border mechanisms…and make them more efficient Li Keqiang, Premier The announcements were made after Premier Li Keqiang held talks with officials including his counterpart Dr Manmohan Singh in New Delhi. <!– google_ad_section_end –>
Continue reading Li Keqiang visits New Delhi and vows to end disputes on border with India
By By ANNIE LOWREY, on May 17th, 2013 The plan includes limiting the deductions and exclusions high-income families can claim, increasing taxes on tobacco products and adopting a new minimum tax on income over $1 million.
Continue reading Obama’s Budget Would Cut $1 Trillion From Deficit
By Daniel Gross, on May 15th, 2013 As D.C. was consumed with scandals, the fiscal 2013 deficit shrunk. A lot. By Dan Gross.
Continue reading While Washington Slept
By , on May 15th, 2013 <!– google_ad_section_start –> Experts judged on Wednesday that a reactor on Japan’s west coast is located on ground at high risk of an earthquake, setting in motion a process that will likely lead to the first permanent shutdown of a nuclear plant since the 2011 Fukushima crisis. Mothballing the reactor at Japan’s oldest nuclear station would be the most stringent measure adopted in Japan since the meltdowns at the Fukushima Daiichi nuclear station north of Tokyo exposed failings in nuclear oversight. <!– google_ad_section_end –>
Continue reading Japan moving towards permanent nuclear reactor shutdown
By , on May 15th, 2013 <!– google_ad_section_start –> Israel’s prime minister is under fire again for a costly lifestyle at taxpayers’ expense, just as his government is slashing welfare benefits and raising taxes to cope with a huge deficit. Israeli media took aim Tuesday at reports that the expenses of Benjamin Netanyahu’s office have soared nearly 80 per cent since he took office in 2009. Netanyahu and his family split their time among three homes, including an official residence. The cost of maintaining them came to roughly US$905,000 last year. <!– google_ad_section_end –>
Continue reading Israeli leader under fire for costly lifestyle
By By ANNIE LOWREY, on May 14th, 2013 The Congressional Budget Office slashed its projections of the current-year fiscal deficit because of bigger-than-expected tax receipts and payments from Fannie Mae and Freddie Mac.
Continue reading C.B.O. Cuts 2013 Deficit Estimate by 24%
By By THE ASSOCIATED PRESS, on May 14th, 2013 The budget deficit for the current year is projected to come in well below what was estimated just a few months ago, according to a government study released Tuesday.
Continue reading 2013 Deficit Outlook Improves for U.S.
By Michael Tomasky, on May 14th, 2013 The deficit is vanishing. Obama should seize the opportunity to talk some economic sense.
Continue reading The Death of Deficit Scare-Mongering, Please
By , on May 14th, 2013 <!– google_ad_section_start –> WASHINGTON (AP) — US: 2013 deficit to shrink to $642B, much less than prior estimates. <!– google_ad_section_end –>
Continue reading US: 2013 deficit to shrink to $642B, much less than prior estimates
By Daniel Gross, on May 13th, 2013 Tree huggers and deficit hawks rejoice: The federal government is buying up to 10,000 hybrid cars. There’s never been a better time to switch gears, writes Daniel Gross.
Continue reading Big Fat Green Government
By , on May 13th, 2013
Eurozone finance minsters are due to meet in Brussels later to agree bailout payments for Cyprus and Greece, amid worries over Slovenia.
Continue reading Greece and Cyprus bailout funds due
By , on May 12th, 2013 <!– google_ad_section_start –> Finance ministers from the world’s richest industrialised countries have avoided a public rift with Japan, which has managed to convince its partners that it is not manipulating its currency as part of a bold attempt to lift its economy out of nearly two decades of stagnation. The rapid slide in the yen has sparked fears of a currency war, with countries engaging in competitive devaluations to make their exports cheaper. Last week, the yen fell to more than 100 units against the US dollar for the first time in over four years. <!– google_ad_section_end –>
Continue reading G7 avoids rift over Japanese monetary stimulus and weaker yen
By , on May 10th, 2013 <!– google_ad_section_start –> As Israeli Prime Minister Benjamin Netanyahu ended his visit to Beijing yesterday, analysts said China’s desire to play a greater role in Middle East affairs in order to expand its influence in the region had been conspicuous. <!– google_ad_section_end –>
Continue reading China’s play for role as Middle East peace broker ‘conspicuous’
By Daniel Gross, on May 9th, 2013 Just when everyone wrote us off as the next Greece, we started shrinking our deficit, then shrunk it some more. Daniel Gross on what’s behind the numbers.
Continue reading Our Swiftly Melting Deficit
By , on May 9th, 2013 <!– google_ad_section_start –> Indian Foreign Minister Salman Khurshid began a two-day trip to China on Thursday, as the Asian giants seek to repair the damage from a border flare-up that highlighted long-rumbling tensions. The world’s two most populous countries have in recent years seen relations improve and trade boom, and both sides had sought to stay low-key over the latest row, which lasted several weeks. Two-way trade totalled US$69 billion last year, dominated by US$54 billion of Chinese exports to India, figures from Beijing’s commerce ministry show. <!– google_ad_section_end –>
Continue reading India foreign minister seeks to mend China ties after border row
By , on May 8th, 2013 <!– google_ad_section_start –> Israel’s Prime Minister Benjamin Netanyahu met Chinese Premier Li Keqiang in Beijing on Wednesday, where the two witnessed the signing of a series of trade and cultural deals. Netanyahu’s arrival on a five-day trip to China overlapped with a journey by Palestinian leader Mahmud Abbas, but the two Middle Eastern visitors did not meet each other. The Israeli leader was greeted with full military honours including a 19-gun salute outside the Great Hall of the People in the capital, and called for closer trade ties between the two nations. <!– google_ad_section_end –>
Continue reading Netanyahu meets Li Keqiang in Beijing
By By ASHLEY PARKER, on May 8th, 2013 Senator Marco Rubio disputed a Heritage Foundation analysis released Monday that found the legislation offering a pathway to citizenship would produce a “lifetime fiscal deficit” of at least $6.3 trillion.
Continue reading Rubio Says Heritage Foundation Analysis on Immigration Is Flawed
By , on May 8th, 2013 <!– google_ad_section_start –> The United States and South Korea vowed on Tuesday to keep up their guard and not reward bad behaviour by North Korea, which US President Barack Obama said had won no benefits or prestige from recent war threats. “If Pyongyang thought its recent threats would drive a wedge between South Korea and the United States or somehow garner the North international respect, today is further evidence that North Korea has failed again,” Obama said at a joint news conference with South Korean President Park Geun-hye. <!– google_ad_section_end –>
Continue reading North Korea has gained nothing from recent threats, says Obama
By , on May 5th, 2013
Foreign Secretary William Hague says the Conservative Party does not need a “drastic change of course” despite last week’s local election results.
Continue reading ‘No change of course’ says Hague
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Japan reports trade deficit jumped to $8.6 billion in April as import costs surged
<!– google_ad_section_start –> TOKYO (AP) — Japan reports trade deficit jumped to $8.6 billion in April as import costs surged. <!– google_ad_section_end –>
Continue reading Japan reports trade deficit jumped to $8.6 billion in April as import costs surged
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