GDP growth was a paltry 0.2% and will likely be revised into negative territory after accounting for the latest trade deficit numbers reported in early May. But this “news” is hardly new. Slow economic growth has been a staple of what
widening in more than 20 years. Well, that conveniently leaves out the fact that the February number was one of the best trade deficit numbers in a long time, too. Averaging February and March data, the deficit was little changed. Also, not often
NEW DELHI, May 8 (Reuters) - India will seek abolition of non-tariff barriers during Prime Minister Narendra Modi's visit to China next week, officials said, as part of efforts to reduce a widening trade deficit and boost local industry.
* Dong to fall 3.1 pct in 2015 vs 1.4 decline last year-ANZ (Adds more comments)
deficit reached 15.2% of GDP. Greece’s economy was not competitive enough to cope with that shock and its growing trade deficit made its external, public and private debts rise to non-sustainable levels, as it also happened in other European
OTTAWA, May 6 (Reuters) - A record Canadian trade deficit in March caused by plunging oil prices has masked an encouraging trend - strength in non-energy exports that the central bank is counting on to revive economic growth.
(Reuters) - U.S. stocks finished sharply lower on Tuesday after a surprisingly wide March U.S. trade deficit raised concerns that the economy shrank in the first quarter.
JOHANNESBURG, May 5 (Reuters) - South Africa's rand firmed on Tuesday after a mixed batch of U.S. economic data stoked uncertainty about the pace of interest rate increases in the United States,...
WASHINGTON (Reuters) - A surge in imports lifted the U.S. trade deficit in March to its highest level in nearly 6-1/2 years, suggesting the economy contracted in the first quarter.
by strangers you beg to take. Data this week: Factory orders on Monday; ISM non-manufacturing, international trade deficit on Tuesday; Q1 productivity on Wednesday; job cuts announcements, consumer credit on Thursday; wholesale inventories