U.S. budget gap declines 37% in October-January

Note: This section contains information in English only.
Source: ABC News
Budget deficit of the U.S. government dropped significantly in October-January of the current financial year, retreating by 36.6% on the annual basis. In January only, the deficit reached $10.4 billion, also considerably lower than it was predicted by analysts. The U.S. Budget Office forecasts the deficit to decrease from $680 billion in the financial year 2013 to $514 billion this year.
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Thu, 13 Feb 2014 11:31:16 GMT

Greek unemployment jumps to new record

Unemployment rate in Greece reached a new record-high level in November of the last year, surging to 28% from 27.7% a month before that and 26.3% in November 2012. Therefore, the total number of unemployed people hit 1.38 million. Moreover, the official statistical data showed an increase in youth joblessness as well – for this time from 61% to 61.4%

Thu, 13 Feb 2014 16:54:37 GMT

U.S. shares stable as S&P 500 rally ends

Wall Street shares remained flat on Wednesday trading session with the benchmark index Standard & Poor's 500 rising by 3.9% in the last four sessions after company Procter & Gamble revealed its earnings outlook. The Dow Jones industrial average shed 0.19% to 15,963.94, the S&P 500 Index lost 0.03% and the Nasdaq Composite Index added 0.24% to 4,201.29.

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