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2024-04-08 22:59
Israel’s budget deficit rises amid Gaza war
Israel’s fiscal deficit grew to 6.2 percent of gross domestic product (GDP), or NIS 15 billion ($4 billion), in March over the prior 12 months, as the cabinet pours billions of shekels into funding the ongoing war against Gaza, according to preliminary figures released by the Finance Ministry Monday.
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2021-11-19 23:14
Biden’s “Build Back Worse Act”
TEHRAN - Contrary to Joe Biden’s promise that his climate change and social policy package plan (dubbed “Build Back Better Act”) would pay for itself, a nonpartisan agency has cast serious doubt on the U.S. President’s legislation proposal.
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2021-09-27 17:30
U.S. Fed warns of "severe damage" over debt default
TEHRAN - The chairman of the U.S. Federal Reserve called on lawmakers to raise the nation's borrowing limit urgently on Wednesday, warning that failure to pay government debts would do "severe damage" to the economy.