Thursday 27 November 2014
 
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Trade deficit

US trade deficit drops to record $40.1bn

The US trade deficit shrank for the fourth straight month in August, falling to the lowest level since January as exports rose to an all-time high. The deficit dropped 0.5 per cent in August to $40.1 billion, compared to a revised

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Jordan's trade deficit widens by 10.5pc in first half

Jordan's trade deficit widened in the first six months of this year by 10.5 percent to 5.35 billion dinars ($7.5 billion) compared with the same period in 2013, due to a higher bill for Saudi oil and increased consumption, official data show

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US trade deficit widens in Nov

The US trade deficit unexpectedly widened in November due to a surge in imports, pointing to a sharp slowdown in economic growth during the last three months of 2012. Still, the trade gap's growth was driven by imports of cons

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Jordan trade deficit widens 34pc in Q1

Jordan's trade deficit widened 34.2 per cent to JD3.24 billion ($4.56 billion) in the first quarter of this year against the same period in 2011, due to a higher bill for imported Saudi oil and other petroleum products, official data showed on Wed

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US trade deficit shrinks 4.9pc

The US trade deficit narrowed in April on slowing global demand, with both imports and exports dropping from record high levels set in March as Europe's slumping economy appeared to take a toll, a government report showed. The gap shra

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India trade deficit swells to most in 22 months

India's trade deficit swelled in July to its biggest level in almost two years, putting further pressure on the current account and on the need for India to attract capital inflows to avoid pressure on its currency.    The

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Jordan's H1 trade deficit widens to $3.9bn

Jordan's first-half trade deficit widened 18 per cent from the same period last year to JD2.792 billion ($3.9 billion), due to a higher bill for imported Saudi oil, official data showed on Monday. A chronic trade deficit and spiralling

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US presses China on trade, Beijing warns on risks

The United States on Sunday pressed China to give 'fair access' for foreign companies, and China stressed the risks both economies face from Europe's debt woes, ahead of top-level talks in Beijing. Speaking in China's comme

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China denies currency manipulation

Beijing offered a robust defence of its currency policy on Tuesday, denying that it manipulates the yuan and rejecting the argument that a stronger exchange rate would erase the US trade deficit with China. A Foreign Ministry spokesman, Ji

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Jordan Jan-Sept trade deficit narrows to $5.5bn

Jordan's trade deficit narrowed 22.9 per cent to 3.9 billion dinars ($5.5 billion) from January to September, compared with the same period in 2008, mainly due to a lower bill for Saudi oil imports, official data showed on Tuesday. Departm

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