US deficit grows 13.6% in 2017, now 3.5% of GDP
Washington economy
Washington - Al Maghrib Today
The US budget deficit grew to $666 billion in fiscal year 2017, up 13.6 percent from the year before, according to official data released Friday.
The deficit now accounts for 3.5 percent of gross domestic product, up from 3.2 percent in 2016.
"Growth in spending outpaced growth in tax receipts for the second year in a row as a result of historically subpar economic growth," a Treasury Department statement said.
- Monday ,22 January GMT 19:53 2018 Afrin clashes kill 54 Syrian Kurd and pro-Turkey fighters: monitor
GMT 14:12 2018 Tuesday ,23 January
Oscar best director nomineesGMT 14:09 2018 Tuesday ,23 January
Oscar best actress nomineesGMT 14:06 2018 Tuesday ,23 January
Oscar best actor nomineesGMT 13:58 2018 Tuesday ,23 January
Oscar best foreign film nomineesGMT 20:03 2018 Monday ,22 January
Eurozone approves 6.7-bln-euro bailout tranche for GreeceGMT 20:00 2018 Monday ,22 January
Trump to travel to Davos as shutdown deal reached: W.HouseGMT 19:57 2018 Monday ,22 January
Democrats to vote to reopen US government: SchumerGMT 19:53 2018 Monday ,22 January
Afrin clashes kill 54 Syrian Kurd and pro-Turkey fighters: monitor
Argentine peso starts to recover after two days of crashes
Buenos Aires - AFP
Argentina's peso began to recover on Friday as markets opened, making a tiny 0.68 percent gain after losing 20 percent of its value against the dollar over the previous twoTo partake in Beiteddine Festivals
Singer Bruni arrives in Beirut Sunday evening
Beirut - NNA
French renowned singer and supermodel, Carla Bruni, is expected to arrive this evening at Rafic Hariri International Airport in Beirut, accompanied by her husband, former French President Nicolas Sarkozy. BruniIn France
Microsoft to open 4 data centres
Paris - Al Maghrib Today
Microsoft is to open 4 data storage centers in France to meet strong customer demand for cloud computing, the head of the software giant's French operations told the Agence France-Presse onVAR in Champions League only from 2019-20 season
Moscow - AFP
UEFA are set to wait until next season before introducing Video Assistant Referees (VAR) in the Champions League, although they are still not ruling out having it in this season's final, president Aleksander Ceferin said on Friday. Ceferin has soFor $11.6 bn
Sanofi buys US haemophilia treatment firm
Paris - Al Maghrib Today
French pharmaceutical firm Sanofi said Monday it had reached an agreement to purchase US biotech company Bioverativ, which specialises in treatments for haemophilia and rare blood disorders, for $11.6 billion. Sanofi's chief executive Olivier Brandicourt said the acquisition "enhances itsParis show pays homage
To 'eternal style' of late Alaia
Paris - Al Maghrib Today
Two months after legendary designer Azzedine Alaia's sudden death plunged the fashion world into mourning, an exhibition in homage to the "King of Cling" opened Monday in his studios in Paris. The Tunisian-born designer, renowned for the way his clothes hugged the body, died suddenly in November aged 82, reportedly of heart failure after falling down the stairs at his home. The diminutive maverick, who ignored fashion week convention by showing when and where he wanted, in July produced his first couture collection in six years to rapturous reviews. Now some of his most iconic dresses are going on display in the glass-roofed gallery next to his studio and home in the Marais district where he used to show his creations. It includes the dress worn by supermodel Naomi Campbell, his longtime friend and muse, when she led hisGMT 09:22 2018 Monday ,22 January
Skincare PR Performance Full Year 2017GMT 11:03 2018 Wednesday ,24 January
New hunt for flight MH370 gets under wayGMT 10:57 2017 Thursday ,21 December
Modern colorful bedroom renovationGMT 13:56 2018 Tuesday ,23 January
Puigdemont candidate for Catalan presidentGMT 10:47 2018 Wednesday ,24 January
Turkey detains dozens moreGMT 10:46 2018 Tuesday ,16 January
The Rake announces editorial updatesGMT 11:51 2018 Tuesday ,23 January
Europe brings on charm and blue skiesGMT 10:46 2017 Tuesday ,19 December
For the Variety of Interior Design StylesGMT 13:44 2018 Monday ,22 January
US Christian tourists see deep meaningGMT 10:03 2018 Tuesday ,23 January
Amazon to open first cashierless shop
GMT 11:14 2017 Saturday ,09 December
Bitcoin surges towards $17,000
GMT 14:43 2017 Sunday ,24 December
N. Korea slams new UN sanctions as an "act of war": state media
GMT 12:37 2017 Tuesday ,21 November
Merkel's fate in balance as German coalition
GMT 08:44 2017 Friday ,13 October
Iraq army launches operation to retake disputed Kirkuk
GMT 18:07 2017 Monday ,30 October
Palestinian killed in Israeli operation to blow up tunnel: ministry
GMT 10:50 2017 Saturday ,29 April
Dubai welcomes over 1.6m Saudi travelers in 2016GMT 12:31 2013 Wednesday ,08 May
India\'s ruling Congress party wins assembly polls in southernGMT 10:44 2011 Wednesday ,28 December
Afghanistan signs \'$7 bn\' oil deal with China
GMT 09:57 2017 Wednesday ,30 August
Guatemala court overrules leader's order expelling
GMT 03:01 2016 Monday ,25 July
Flood death toll rises to 130 in nourth China
GMT 19:42 2016 Wednesday ,19 October
Earthquake Strikes Off Dominica Island in Lesser AntillesGMT 14:10 2012 Monday ,20 February
Egypt more precious than sight
GMT 14:25 2013 Sunday ,30 June
Americans spend 23 hours a week online
GMT 13:05 2017 Monday ,27 March
Tears and laughter for Debbie Reynolds, Carrie FisherGMT 00:29 2012 Thursday ,12 January
Chalet GirlGMT 13:40 2011 Monday ,11 July
DEWA launches Al Barshaa substation
GMT 07:11 2017 Thursday ,16 February
Intermittent rain on ThursdayGMT 14:17 2011 Tuesday ,31 May
Abu Dhabi airport passenger, cargo up 15%GMT 12:55 2011 Monday ,30 May
Saudi Arabia plans six-year cap on expat visasGMT 15:19 2011 Monday ,06 June
Shark guardians see momentum to save top predator
GMT 20:00 2017 Sunday ,08 January
Why Tehran claims its war in Syria is defensiveGMT 08:21 2011 Thursday ,26 May
Air India airline fined for fake visas
GMT 08:04 2015 Friday ,04 September
Lights out for movie houses in Libya's 'Mermaid of Med'
GMT 16:02 2014 Friday ,07 November
Creditors to shoulder potential debts of Taihan Electric in Korea
GMT 16:27 2016 Thursday ,21 July
Indonesia bans ‘Pokemon Go’ in palace, police and military
GMT 06:11 2015 Friday ,31 July
Researchers make high-end fabrics from animal wasteGMT 09:48 2011 Monday ,06 June
new humanities-focused institution to charge £18K fees
GMT 20:49 2016 Thursday ,26 May
Minister: BUE offers 10 scolarships to top STEM students
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor