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The Latest Breaking News from Deficit

Japan records a trade deficit in August as exports to China, rest of Asia weaken

Japan has reported that its exports fell 0.8% in August from a year earlier, with steep declines in shipments to China and the rest of Asia

The Independent UK

Lions fall to Seahawks 37-31 in overtime

The Seahawks (1-1) earned the victory after the Lions (1-1) rallied from a 10-point deficit late in the fourth quarter.

Chicago Sun-Times

Testing times: On shrinking of India’s goods exports

Shrinking services exports imply that their ability to bridge the goods trade deficits that were up sharply last year, will be restricted

The Hindu

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KSDMA recommends drought mitigation steps for Kerala

Kerala initiates drought mitigation measures despite 6% reduction in monsoon deficit. 3R approach for water security, assessment of rainfall, water availability & temperature, infrastructural works, rain harvesting pits, and availability of drinking water to animals. IMD forecasts above normal rainfall till Sep 28, but monsoon likely to end as deficient…

The Hindu

College Football World Reacts to Colorado’s Furious Rally, Win Over Colorado State

The Buffaloes rallied from an 11-point deficit to win in double overtime and remain unbeaten on the season.

Sports Illustrated

NHS sinks into £7bn cash crisis as inflation and strikes bite

Soaring deficits at health trusts across England cast doubt on Rishi Sunak’s waiting lists pledge

The Guardian - UK

Pep Guardiola hails impact of Jeremy Doku in Man City’s win at West Ham

City fought back from a 1-0 deficit at half-time to secure victory.

The Independent UK

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Premier League: Manchester City storm back to beat West Ham 3-1

NEW DELHI: Jeremy Doku, Bernardo Silva, and Erling Haaland found the net in the second half as Manchester City staged a comeback from a one-goal deficit to defeat West Ham United 3-1 at the London Stadium on Saturday, reclaiming the top spot in the Premier League table.

The Times of India

Bidenomics: why it's more likely to win the 2024 election than many people think

Joe Biden has come out fighting against perceptions that he is handling the US economy badly. During an address in Maryland, the president contrasted Bidenomics with Trumpian “MAGAnomics” that would involve tax-cutting and spending reductions. He decried trickle-down policies that had, “shipped jobs overseas, hollowed out communities and produced soaring…

The Conversation

Leclerc: Ferrari's fresh insight of SF-23 weakness a boost for 2024 F1 car revamp

Although Ferrari enjoyed its most competitive weekend of the year so far in Italy a fortnight ago, the performance also served to highlight some core deficits in the performance of the SF-23.

Motorsport

Leclerc: Ferrari’s fresh insight of SF-23 weakness a boost for 2024 F1 car revamp

Although Ferrari enjoyed its most competitive weekend of the year so far in Italy a fortnight ago, the performance also served to highlight some core deficits in the performance of the SF-23.

Autosport

Facing $1.5B deficit, California State University to hike tuition 6% annually for next 5 years

Trustees at California State University, the nation’s largest public university system, have voted to raise student tuition by 6% each year for five consecutive years to try to narrow a $1.5 billion deficit

The Independent UK

Kalaignar Magalir Urimai Thogai is a massive, one-of-its-kind, data driven scheme: T.N. Finance Minister Thangam Thennarasu

Tamil Nadu Finance Minister Thangam Thennarasu in an interview with The Hindu spoke about issues related to GST, and managing revenue deficit and borrowings.

The Hindu

All Welsh health boards placed on enhanced monitoring amid deficit concerns

Health minister Eluned Morgan said the boards had been unable to submit financially balanced mid-term plans.

The Independent UK

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The Hindu

Cauvery panel ‘directs’ Karnataka to continue water release

CWRC directs Karnataka to release 5,000 cusecs of water to TN for 15 days. CWRC has power to issue such direction. CWRC took into account deficit in inflows, weather forecast, storage in reservoirs, Karnataka's needs for drinking & irrigation before deciding quantum. TN urged CWRC to make up for 9…

The Guardian - UK

Woking plans to cut funds for care, arts, sports and toilets to plug £1.2bn deficit

Council lays out drastic package of cuts, including to playgrounds and community schemes, in measures described as ‘horrendous’

The Hindu

RBI resisted govt push for ₹3 lakh crore transfer in 2018 ahead of elections: Viral Acharya

He called the exercise a “backdoor monetisation of the fiscal deficit by the central bank”.

StockNews.com

Is Snap (SNAP) a September Internet Buy?

Social media company Snap (SNAP) is struggling to grow its revenue amid a weak advertising market. Moreover, the company remains unprofitable. However, with the company tapping into the potential of AI, will it be worth buying SNAP shares this month? Keep reading.

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Barchart

Sugar Prices Surge on Forecasts for a Global Sugar Deficit

Oct NY world sugar #11 (SBV23 ) on Tuesday closed up +0.84 (+3.25%), and Oct London white sugar #5 (SWV23 ) closed up +16.70 (+2.29%). Sugar prices Tuesday rallied sharply, with NY sugar climbing to a 4-1/2 month high and London sugar posting a 12-year high. Sugar prices surged Tuesday...

Reason

'Free Speech Absolutist' Elon Musk Threatens Anti-Defamation League With Defamation Lawsuit

Plus: The doubling of the deficit, young Americans souring on college, and more...

The Hindu

September holds promise of an intensified monsoon in Kerala

Kerala's paddy growers face a dire need of rainfall due to an extremely dry August. Sept. brings hope of improved monsoon with enhanced cross equatorial flow and strengthening of weather systems. Aug. saw lowest rainfall in Kerala from 1901-2023, with 59.6mm against 445.2mm average. Sept. will have to get 271.8mm…

The Hindu

Stingy southwest monsoon keeps farmers in A.P.’s Prakasam district on edge

Prakasam district farmers in drought-prone area are worried due to meagre inflows into reservoirs and 48.4% deficit rainfall. Crop coverage is poor at 22% of normal area. Irrigation authorities suggest rain-fed crops on 2.53 lakh acres. Storage in Krishna basin is poor at 45.37%. Farmers have been advised to sow…

Autosport

The 10km/h deficit that exposes Mercedes' ongoing weakness in F1

Although George Russell exceeded expectations in qualifying at Monza with fourth place on the grid, less than four tenths off pole, it has come despite some obvious car limitations.

The Hindu

Novak Djokovic comes back after dropping the first 2 sets to beat Laslo Djere at the U.S. Open

Novak Djokovic overcame a two-set deficit to beat Laslo Djere 4-6, 4-6, 6-1, 6-1, 6-3 in the third round of the U.S. Open, avoiding his earliest exit since 2006. Despite being countrymen, Djokovic managed to read Djere's game and seize control of the match, eventually winning in a 3 1/2…

The Hindu

Truant monsoon jacks up energy consumption by 46% in June-Aug. period

With nearly 66% average rainfall deficit recorded in August in Telangana, both demand for power on the transmission system and energy consumption have shot up to unprecedented levels

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