The trade surplus that Trump never mentions | Services Industries News
In justifying his latest tariffs announcement, President Donald Trump complains of unfair trade deficits, saying the US has been “looted, pillaged, raped, plundered” by other…
Fresh blow to Rachel Reeves after surplus in govt finances comes in more than £5bn below forecasts
RACHEL Reeves has suffered a new setback after a surplus in government finances came in more than £5billion below forecasts.It has left experts warning the…
China Trade Surplus Surges To A Record
China’s trade surplus hit a record high in 2024, a symbolically potent $1 trillion. The optics of that rounded-up figure—the exact number was $992.2 billion—dovetail…
Canada’s Trade Surplus With US Widens Before Trump’s Return
Breadcrumb Trail LinksPMN BusinessCanada’s trade surplus with the US widened as did its deficit with the rest of the world, underscoring the major role its…
Major Oil Surplus Seen This Decade as Demand Peaks, IEA Says
Breadcrumb Trail LinksPMN BusinessGlobal oil markets face a “major” surplus this decade as the shift away from fossil fuels causes demand to hit a plateau…
HECS relief but universities, students still waiting for answers as budget reality dampens promise of historic ‘accord’
In short: $1.1 billion will be spent over five years on initiatives such as HECS relief, addressing "poverty placement" and better access to courses.A "needs based"…
Treasurer Jim Chalmers to temper great surplus expectations in pre-budget speech
Federal Treasurer Jim Chalmers is set to manage the expectations of a larger surplus in a pre-budget address, warning a decline in iron ore prices…