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Wall Street Journal
Nov 6
Comment
Greece's newly elected Socialist government unveiled its first budget, aiming to cut the country's fiscal deficit by a third by scaling back spending and raising new taxes.
Wall Street Journal
Nov 5
Comment
Greece's newly elected Socialist government unveiled its first budget, aiming to cut the country's fiscal deficit by a third by scaling back spending and raising new taxes.
CBC.ca
Nov 5
Comment
Public-sector unions are warning Premier Dalton McGuinty not to try to force their members to bear the brunt of the costs of eliminating Ontario's record $24.7-billion deficit.
Financial Times
Nov 5
Comment
The Pension Protection Fund says that its deficit for the year to March 31 have risen from £517m to £1.2bn, as a wave of insolvencies led to an increase in claims
Reuters
Nov 5
Comment
Kenya's balance of payments swung into a deficit of $420 million in the year ended July from a surplus of $594 million last year on a worsening current account deficit, the central bank said.
Bloomberg
Nov 5
Comment
(Update1) South Africa must cut its fiscal
deficit, projected to be the highest since at least 1961, to
retain its credit rating, Standard & Poor’s said.
The Economic Times
Nov 5
Comment
The government on Thursday changed rules on using stake sale proceeds and made it mandatory for all profit-making, listed, state-run firms to float at least 10 percent stake, in a move aimed at cutting its fiscal deficit.
Sydney Morning Herald
Nov 5
Comment
The Australian balance of goods and services was a deficit of $1.849 billion in September, seasonally adjusted, Australian Bureau of Statistics data shows.
The Economist
Nov 3
Comment
The best of the rest of the economics web
TODAY'S recommended economics writing:• "Should central banks be quasi-fiscal actors?" No, says Willem Buiter. (Maverecon)• Obviously, White House strategists are...
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