The US trade deficit expanded in March

Note: This section contains information in English only.
Source: The Wall Street Journal
According to the US government report, the US trade gap widened 14.1 % to $51.8 billion from the previous month. However, the other data shows two factors that may foster the US economic upturn: increasing demand for the US exported goods and services from abroad, despite the European turmoil and slow growth in Asia, and decreasing oil prices. 

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Fri, 11 May 2012 04:55:11 GMT

Further deterioration of the Eurozone economy

On Friday the European Commission will publish its economic forecast for the Euro bloc member states, which is anticipated to reflect a further worsening of Europe's periphery economies with Spain being in focus, as the country does not meet the EU deficit target and combats the economic downturn. The European Commission outlook will show whether the member states will be able to

Thu, 10 May 2012 19:08:10 GMT

First US government budget surplus after Lehman Brothers collapse

After cutting expenses on education, Medicare and defense programs and increasing tax revenues US government announced budget surplus of USD 59.1b in April. It is the first budget surplus after Lehman Brothers collapsed in September 2008. Budget deficit was USD 40.4b same time last year and USD 198.2b a month ago.  

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