Similar Stories to Current-account Deficit Narrows on Bing News

The U.S. current-account deficit narrowed in the second quarter as the trade gap shrank and the surplus on income rose.

Topics:  u.s    current-account deficit   
BING NEWS:
  • Türkiye sees current account surplus of $3B in September
    Türkiye's current account balance posted a surplus of $2.98 billion in September, the Central Bank of the Republic of Türkiye (CBRT) revealed on Tuesday. Gold-and-energy-excluded current account ...
    11/11/2024 - 10:19 pm | View Link
  • Turkey’s current account remains benign in September
    Turkey’s current account recorded another surplus in September, while its 12-month rolling deficit dropped to single digits at US$9.7bn. We think that the current policy mix is contributing to the ...
    11/11/2024 - 9:25 pm | View Link
  • Israel budget deficit dips to 7.9%/GDP in Oct despite higher war expenses
    Israel posted a budget deficit of 11.2 billion shekels ($3.0 billion) in October, the Finance Ministry said on Monday, citing high expenses to finance the wars with the Palestinian Islamist militant ...
    11/10/2024 - 9:23 pm | View Link
  • Ex-WTO Chief Lamy Says US Should View Trade Deficit as Strength
    President-elect Donald Trump should see America’s trade deficit as an advantage rather than a weakness because of the power of the US dollar, former World Trade Organization chief Pascal Lamy said.
    11/10/2024 - 11:40 am | View Link
  • CBO Estimates $255 Billion Deficit for First Month of Fiscal Year 2025
    The United States borrowed $255 billion in the first month of fiscal year 2025, according to the latest Monthly Budget ...
    11/8/2024 - 6:13 am | View Link
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BING SEARCH:
  • Current Account Deficits
    When a country runs a current account deficit, it is building up liabilities to the rest of the world that are financed by flows in the financial account. Eventually, these need to be paid back. Common sense suggests that if a country fritters away its borrowed foreign funds on spending that yields no long-term productive gains, then its ...
    11/11/2024 - 2:22 pm | View Website
  • Current Account: Definition and What Influences It
    The current account deficit of the United States in Q2 of 2023 was negative $212.1 billion. Key Takeaways. The current account represents a country's imports and exports of goods and...
    11/11/2024 - 2:07 pm | View Website
  • U.S. Current-Account Deficit Widens in 2022
    The U.S. current-account deficit, which reflects the combined balances on trade in goods and services and income flows between U.S. residents and residents of other countries, widened by $97.4 billion, or 11.5 percent, to $943.8 billion in 2022.
    11/11/2024 - 7:05 am | View Website
  • Current account (balance of payments)
    A current account deficit implies a reduction of net foreign assets: Current account = change in net foreign assets. If an economy is running a current account deficit, it is absorbing (absorption = domestic consumption + investment + government spending) more than that it is producing.
    11/10/2024 - 11:20 pm | View Website
  • Current Account Deficit: What It Is, Structural & Cyclical Causes
    The current account deficit is a measurement of a country’s trade where the value of the goods and services it imports exceeds the value of the products it exports.
    11/10/2024 - 9:25 pm | View Website
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