Funding the Recovery Plan, Budget Speech in Focus


  South African Rand Analysis: The ZAR regained all of its lost ground after the announcement of the recovery plan USD/ZAR continues to oscillate around the 16.50 mark Focus shifts to the delayed Medium-Term Budget statement later this month which is set to reveal how the economic recovery plan isRead More →

U.S. runs June budget deficit of $8 billion


Getty Images The US Treasury Department in Washington, DC is seen on August 08, 2011. The numbers: The federal government’s June budget deficit narrowed to $8 billion, the Treasury Department reported Thursday, down nearly 90% from the same month a year ago. The much-lower monthly figure was affected by shiftsRead More →