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2017-02-08 18:40:00

U.S. DEFICIT $44.3 BLN

U.S. DEFICIT $44.3 BLN

BEAU.S. INTERNATIONAL TRADE IN GOODS AND SERVICES,  December 2016

The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $44.3 billion in December, down $1.5 billion from $45.7 billion in November, revised. December exports were $190.7 billion, $5.0 billion more than November exports. December imports were $235.0 billion, $3.6 billion more than November imports.

The December decrease in the goods and services deficit reflected a decrease in the goods deficit of $1.2 billion to $65.7 billion and an increase in the services surplus of $0.3 billion to $21.4 billion.

For 2016, the goods and services deficit increased $1.9 billion, or 0.4 percent, from 2015. Exports decreased $51.7 billion or 2.3 percent. Imports decreased $49.9 billion or 1.8 percent.

The average goods and services deficit increased $2.6 billion to $44.2 billion for the three months ending in December.

* Average exports of goods and services increased $0.4 billion to $187.5 billion in December.

* Average imports of goods and services increased $3.0 billion to $231.7 billion in December.

Year-over-year, the average goods and services deficit increased $2.8 billion from the three months ending in December 2015.

* Average exports of goods and services increased $3.4 billion from December 2015.

* Average imports of goods and services increased $6.2 billion from December 2015.

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Earlier: 

U.S. JOBS UP 

U.S. FEDERAL FUNDS RATE: 0.5 - 0.75% 

U.S. GDP UP 1.6% 

U.S. SECURITIES UP $23.7 BLN 

U.S. DEFICIT: $45.2 BLN

 

 

 

Tags: USA, ECONOMY, TRADE, DEFICIT

Chronicle:

U.S. DEFICIT $44.3 BLN
2017, December, 15, 12:50:00

LUKOIL'S PLAN: $50

LUKOIL - The plan is based on the conservative $50 per barrel oil price scenario. Sustainable hydrocarbon production growth is planned in the Upstream business segment along with the growth in the share of high-margin projects in the overall production. In the Downstream business segment, the focus is on the improvement of operating efficiency and selective investment projects targeted at the enhancement of product slate.

U.S. DEFICIT $44.3 BLN
2017, December, 15, 12:45:00

BP INVESTS TO SOLAR

BP - BP will acquire on completion a 43% equity share in Lightsource for a total consideration of $200 million, paid over three years. The great majority of this investment will fund Lightsource’s worldwide growth pipeline. The company will be renamed Lightsource BP and BP will have two seats on the board of directors.

U.S. DEFICIT $44.3 BLN
2017, December, 13, 12:40:00

OIL PRICE: ABOVE $64 YET

REUTERS - Brent crude was up 69 cents, or 1.1 percent, at $64.03 a barrel by 0743 GMT. It had settled down $1.35, or 2.1 percent, on Tuesday on a wave of profit-taking after news of a key North Sea pipeline shutdown helped send the global benchmark above $65 for the first time since mid-2015. U.S. West Texas Intermediate crude was up 45 cents, or 0.8 percent, at $57.59 a barrel.

U.S. DEFICIT $44.3 BLN
2017, December, 13, 12:35:00

RUSSIAN-TURKISH NUCLEAR

ROSATOM - On December 10, 2017, the construction start ceremony took place at the Akkuyu NPP site under a limited construction licence issued by the Turkish Atomic Energy Agency (TAEK). Director General of the ROSATOM Alexey Likhachev, and First Deputy Minister of Energy and Mineral Resources of the Turkish Republic, Fatih Donmez, took part in the ceremony.

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