US budget deficit slightly lower in March

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Source: Marketwatch
The US had a budget deficit equal USD 198 billion in March, Treasury department said on Wednesday. It compares with a slightly worse shortfall of USD 232 billion in February. Nevertheless the current estimate exceeds the USD 188 billion gap posted in March 2011. A portion of deficit came from reviewed TARP. No additional cash was provided for the programme. 
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Thu, 12 Apr 2012 07:07:32 GMT

IMF to lend 987 US Dollars to Bangladesh

The IMF agreed to provide a 987 US Dollars loan to Bangladesh to increase country's  foreign exchange reserves. Bangladesh faced a decline in currency reserves as sharp growth of the energy prices spurred oil import costs. To receive the loan the country has to raise tax revenues and cut subsidy costs.

Thu, 12 Apr 2012 06:22:22 GMT

Australia added more jobs than forecast in March

The number of Australian payrolls surged more than analysts predicted in March and sending Aussie to one-week record high. Australian employers added 44 000 new jobs, reported statistics bureau on Thursday. The reading by almost 7 times surpasses the expected figure of 6500 jobs. The unemployment level remained unchanged at 5.2% instead of predicted increase to 5.3%.

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