The US posted a federal budget deficit of $66 billion in June, according to Treasury Department figures released Thursday.
For June, total receipts, or income, were around $466 billion against total outlays, or spending, of $572 billion.
For receipt…
The “hardest” time in inflation was left behind by Trkiye, the Turkish treasury and finance minister stated on Thursday, adding that the country is at the threshold of a disinflation period.
Mehmet Simsek said the annual inflation rate will probably…
The world needs to ramp up annual renewable energy capacity growth to 16.4%, up from last year’s 14% increase rate, through 2030 to achieve global goal of tripling renewables set at COP28, according to the International Renewable Energy Agency (IRENA)…
World oil production rises by more than 0.15%, or around 150,000 barrels per day (bpd), to nearly 102.90 million barrels per day (bpd) in June, according to the International Energy Agency’s (IEA) latest report on Thursday.
According to the Oil Mark…
ISTANBUL: Japan’s annual producer inflation was 2.9% in June, the Bank of Japan announced on Wednesday.
On a monthly basis, the producer price index was also up by 0.2% in June, the bank’s figures showed.
The highest annual hike was seen in nonferro…
ISTANBUL: The annual inflation rate in June in China was 0.2%, below market expectations, according to an official press release on Wednesday by the National Bureau of Statistics.
Food prices fell by 2.1% in the country year-on-year in June, while no…
