MANILA (Reuters) -The Philippine central bank is forecasting the country's current account deficit to narrow to 3.3% of gross domestic product this year and to 2.5% next year, compared to a previous ...
But excessive current account deficits aren’t sustainable for a prolonged period. A vast body of academic literature has ...
BRASILIA (Reuters) -Brazil's current account deficit reached $9.77 billion in September, wider than the $7.75 billion shortfall forecast by economists in a Reuters poll, central bank figures released ...
THE International Monetary Fund (IMF) expects the Philippine current account deficit to narrow gradually through 2030, driven by declining commodity prices and increased public and private savings. In ...
A REBOUND in domestic consumption could widen the Philippines’ trade and current account deficits this year amid a surge in imports, Bank of America (BofA) Global Research said, which could increase ...
The trade deficit has long been a fixture in political debates, often presented as a sign that America is falling behind economically. Candidates talk about it as if it's a national failing, something ...
New Zealand’s current account deficit has narrowed dramatically after a downward revision to imports because of more low-value parcels arriving from e-commerce retailers like Temu. The deficit ...
MUMBAI, Sept 1 (Reuters) - India's current account logged a deficit in the April-June quarter on the back of a higher merchandise trade shortfall, the Reserve Bank of India said on Monday. Sign up ...
Global current account balances widened by a sizable 0.6 percentage points of world GDP in 2024. When adjusted to account for the volatility around the pandemic and Russia’s war in Ukraine, the ...
MUMBAI, Dec 1 (Reuters) - India's current account deficit moderated in the July-to-September quarter on the back of a lower merchandise trade deficit, the Reserve Bank of India said on Monday. Sign up ...