Turkey raised withholding taxes on lira-denominated deposits and mutual funds, tightening its grip on household savings as it seeks fresh revenue to ease the budget deficit https://t.co/uYeCYDxBBi ...

Romania’s central bank left borrowing costs unchanged as government efforts to rein in the ballooning budget deficit with tax hikes are likely to trigger a temporary spike in inflation https://t.co/R5WixuF14R ...

Even the most hopeful forecasts put Cuba’s budget deficit at around 10% of GDP this year, one of the highest rates in the world.Discontent has fuelled another wave of emigration from the country. Anti-government protests may be on the way https://t.co/7tm5dlwR3C ...

Forecasts suggest that the bill would widen America’s budget deficit, slow long-term economic growth and hurt the poor. Our charts show by how much https://t.co/3EZgqZ1ItL ...

Investors in Romanian sovereign bonds are welcoming long-awaited measures to curb the budget deficit, with the reduced risk of a credit-rating cut likely to fuel a further rally in the country’s debt securities https://t.co/0xhChOuJMO ...

Budget Deficit & GDP Target - The consensus is to reduce the budget deficit to 3% of GDP [1] - Political constraints prevent pledges to achieve the 3% GDP target [1] Political Obstacles - Politicians are hesitant to compromise due to constituent and party pressures [2] - Fear of political repercussions hinders necessary budget adjustments [2] Potential Financial Crisis - Failure to adjust the current trajectory may lead to a financial crash [1]

Romania is set to present a fiscal package of tax hikes and wage freezes in the public sector to scale back the budget deficit https://t.co/y44U1kOGbf ...

Well, uh, the major averages wrapped up a strong quarter of gains yesterday. S&P and NASDAQ both up double digits with tech leading the way and the S&P 500. But not all areas of this market had a great quarter.The S&P Value ETF up less than 3% while the growth stocks rallied more than 18. So, will the trend last. Let's ask Bespoke Investment Group co-founder Paul Hickeyi and HSBC Global Private Banking and Wealth Management CIO Jose Rasco.Guys, welcome. Jose, I actually though want to start with the market ...

Forecasts suggest that the bill would widen America’s budget deficit, slow long-term economic growth and hurt the poor. Our charts show by how much https://t.co/3u9XaOlKEG ...

Indonesia expects to post a much bigger budget deficit this year due to weak revenue collections and the acceleration of President Prabowo Subianto’s priority programs. https://t.co/NuS2JJ9Gfm ...