This story was updated with new information. Last month, President Donald Trump signed an executive order aimed at reforming and overhauling the Federal Emergency Management Agency (FEMA). He had ...

The IMF’s “message” is that the widening of the U.S. deficit and the Chinese surplus over the course of 2024 was unwelcome—it took both countries away from their estimated current account balances (in ...

The concept of balance-of-payments-constrained economic growth has long served as a vital framework for understanding how external imbalances can limit long-run economic expansion. This approach ...

The balance of payments is a double-entry accounting system that's based on corresponding debits and credits. Its purpose is to record payments and receipts from the residents of one country with ...

Today, the Ministry of Economy and Labour released the 2025 Q2 Balance of Payments & International Investment Position publication. The Minister explained, “Bermuda’s trade with non-residents resulted ...

China’s GDP statistics are widely thought to be, well, works of performance art. Targets, once set, are almost always met. GDP—apart from the pandemic years—smoothly glided upward. And since China ...