RALEIGH, N.C. (QUEEN CITY NEWS) – The North Carolina legislative “short session” wrapped up the last week of June with several pieces of unfinished business. Lawmakers adjourned without deciding how to spend a billion-dollar surplus. The two chambers could not agree on a budget amendment, despite Republicans having a veto-proof majority in both houses. State […]
Tag: surplus
India’s January-March quarter current account balance logs first surplus in 10
By Siddhi Nayak MUMBAI (Reuters) -India’s current account balance posted a surplus for the first time in 10 quarters in the January-March period, helped by higher service exports and private transfer receipts, the central bank said on Monday. The current account surplus stood at $5.7 billion, or 0.6% of the GDP, in the fourth quarter […]
Turkey’s Budget Swings to Record Surplus as Fiscal Policy Shifts
(Bloomberg) — Turkey posted its biggest monthly budget surplus on record as the government shifts to repairing public finances to complement monetary policies geared toward bringing down inflation. Most Read from Bloomberg The central budget balance recorded a 219 billion-lira surplus ($6.7 billion) in May, the most in data that stretches back to 2006. It […]
How Ukraine’s surplus Western missiles humbled Putin’s billion dollar Crimea defences
Advanced Russian defences in Crimea are increasingly vulnerable to Ukraine’s US and British-supplied missiles The night sky over Crimea flashed with explosions and tracer fire as the barrage of American-made missiles arrived and found their targets. In a matter of minutes, three Russian surface-to-air missile systems that were supposed to be protecting the peninsula had […]
IEA warns of 8M barrel per day oil surplus by 2030
The International Energy Agency (IEA) has raised concerns about a potential oversupply in the global oil market, warning that a surge in US-led production could outstrip demand by a staggering 8 million barrels per day by the year 2030. Yahoo Finance’s Ines Ferré breaks down the projection, shedding light on the factors contributing to this […]
Muscatine sends city surplus to auction
Heads up bargain hunters, Muscatine is holding a public surplus auction! The City of Muscatine and the Department of Public Works (DPW) are holding an online public surplus auction from May 20 to June 3. Items up for bid were declared surplus by the Muscatine City Council on May 16. All items will be available […]
Muscatine holds online surplus auction
The City of Muscatine and the Department of Public Works (DPW) will conduct an on-line public surplus auction May 20 through June 3. The items for bid contain a variety of items that were declared surplus by the Muscatine City Council. All items are available to bid on through the auction web site www.publicsurplus.com starting May 20, […]
Open to the public; ATVs, dump trucks, cars and more at St. Johns County surplus auction
Department of Finance expects €8.6bn budget surplus this year
The State is set to deliver a budget surplus this year of €8.6 billion, or 2.8 per cent of national income, in line with forecasts and allowing most excess cash to be invested in a new wealth fund, the Department of Finance said on Tuesday. The department estimated that inflation would average 2.1 per cent […]
Milei announces Argentina’s first budget surplus in 16 years
Javier Milei won elections last November vowing to reduce Argentina’s deficit to zero (Juan Mabromata) Argentina’s spending-slashing new President Javier Milei has hailed his country’s first quarterly budget surplus since 2008 as an “historic achievement.” In the first quarter of 2024, the South American country recorded a budget surplus of about 275 billion pesos (some […]
Oklahoma Turnpike Authority to auction 28 parcels of surplus land. Here’s exactly where
Aerial view of 4.34 acres north of the Creek Turnpike in Tulsa, surplus state-owned land to be auctioned May 2 by Dakil Auctioneers for the Oklahoma Transportation Authority. The Oklahoma Turnpike Authority will be doing land-office business when 28 parcels of property alongside seven of the state’s 10 toll roads are sold at auction in […]
Lula’s Cabinet Spars Over How Lofty Its Budget Surplus Goal Should Be
(Bloomberg) — Brazil’s top economic officials are at odds over a closely-watched fiscal target just days before the government must finalize its 2025 budget outline, according to two people with knowledge of the situation. Most Read from Bloomberg The Finance Ministry, led by Fernando Haddad, wants to maintain its original aim for a primary fiscal […]