deficit

Chatib Basri, Finance Minister of Indonesia explains the measures the government is taking to stem capital outflows. He says their top priority is to improve the current account deficit. more...

In a sign of possible progress in bipartisan U.S. deficit talks, Republicans seem more flexible on corporate taxes, a change that could help the congressional "super committee" chart the country's path back to fiscal health. more...

Legislation aimed at pressing China to let its yuan currency rise has been propelled to the top of the U.S. Senate's agenda by concern about manufacturing job losses and anxiety about impending votes on three free-trade agreements. more...

In Greece, "further economic weakness expected this year, partly driven by the global slowdown, can only make things worse also on the fiscal front," according to economists at Credit Suisse in London. more...

President Nicolas Sarkozy ordered his finance and budget ministers to find new ways to prune the public deficit on Wednesday, as markets fretted over France's strained finances and banks following a U.S. debt downgrade. more...

"The debacle in Congress in terms of coming to a deal really highlighted the US government's inadequacy in dealing with the deficit, perhaps a little bit earlier than the government wanted, certainly in terms of the election cycle," Sir Martin Sorrell, chief executive at WPP told CNBC more...

Bad economic news bombarded the UK Treasury on Monday as new International Monetary Fund forecasts cast doubt on the chancellor’s deficit reduction plan, the FT reports. more...

Debt talks will again dominate Tuesday, as markets increasingly worry political cat fighting will lead to a weak deficit reduction deal, causing the U.S. to lose its top-notch credit rating. more...

The federal budget deficit is on pace to break the $1 trillion mark for the third straight year, ratcheting up the pressure on the White House and Congress to reach a deal to rein in spending. more...

that came in bigger than expected and a check on U.S. equity futures, with CNBC's Rick Santelli, Steve Liesman; Carl Quintanilla, Jim Cramer, Melissa Lee, and David Faber more...

CNBC's Steve Liesman has the employment and trade data breakdown. more...

Japan's trade balance dipped 700 billion yen ($8.5 billion) into the red in April, the largest deficit since the financial crisis, according to the median estimate of research institutions polled by a Nikkei Inc group firm, the Nikkei business daily reported. more...

The IMF's mission chief in Athens makes comments today on Greece's debt. Insight on how the markets will react, with CNBC's Ross Westgate and Carolin Schober. more...