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Hidden value in phones could ‘cut US trade deficit in half’
The US trade deficit could technically be halved if statisticians were better able to capture the value of the software developed in Silicon Valley and embedded in smartphones worldwide, according to Hal Varian, Google’s chief economist.
Zarif: We suffer from dialogue deficit in our region
Iranian Foreign Minister Mohammad Javad Zarif said Middle East countries suffer from a dialogue deficit.
Japan has surprise deficit as import growth beats exports
Japan had a surprise trade deficit in May, as stronger-than-expected imports overpowered the best export growth in more than two years.
Saudi Arabia projects 2017 budget deficit of $53bn
Saudi Arabia has forecast that its budget deficit for next year will be about $53 billion despite economic measures adopted by the government in response to low oil prices.
Saudi Arabia posts record $98b deficit, cuts fuel subsidies
Saudi Arabia announced a record budget deficit and cuts to fuel and utility subsidies as the oil powerhouse suffers from a drastic fall in global crude prices.
Qatar faces first budget deficit for 15 years
Qatar faces a budget deficit in 2016 for the first time in 15 years because of the oil price slump but vowed Wednesday to forge ahead with huge spending plans as 2022 World Cup host.
Data: Japan's trade deficit rose to record high in 2014
Recently released figures show that Japan’s annual trade deficit in 2014 rose for a third consecutive year to the highest rate since 1979.
Tycoon prince assails Saudi fiscal policy over deficit
Billionaire Prince Alwaleed bin Talal has lashed out at the Saudi fiscal policy after projecting the largest ever budget deficit for 2015 following the slump in oil prices.
Saudis project largest deficit in 2015
Saudi Arabia announced a 2015 budget with a huge deficit on Thursday as the world's largest crude exporter begins to feel the impact of its own decision not to shore up oil prices.
Brits think deficit out of control: Poll
More than half of Britons believe Prime Minister David Cameron’s government has lost control of the country’s deficit, a newly-released poll shows.

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