Fees and taxes: How the 2026 Alberta budget may hit your wallet
The 2026 Alberta budget forecasts a deficit of $9.4 billion and plans to increase fees and property taxes instead of personal income taxes.
Multibillion-dollar budget deficit on tap as Alberta introduces its 2026 budget
Alberta's 2026 budget introduces a significant multibillion-dollar deficit amid rising costs due to low oil prices and population growth.
The Russian Prime Minister Acknowledged the Truth About Money: Spoke for Hours with Putin
Russia's Prime Minister publicly recognized the growing budget deficit and discussed potential solutions with President Putin and government members.
State of emergency declared in Slovakia: oil deficit has arisen
Slovakia has declared a state of emergency due to an oil deficit caused by the ongoing war in Ukraine.
Kremlin's dismal economic figures
According to the Russian Ministry of Finance, the budget deficit surged to 1.7 trillion rubles in January, almost half of the Kremlin's annual deficit target, due to a 50% drop in oil and gas revenue and falling prices for Russian oil.
Russia's budget deficit may triple amid plunge in oil revenues
Russia's budget deficit is projected to nearly triple by the end of 2026 due to declining oil revenues and increased military spending.
Is Russia ‘turning its back’ on Cuba? Suggests Havana find ‘new oil suppliers’
Russia's ambassador to Havana, Viktor Koronelli, acknowledged Cuba's severe oil deficit but refrained from addressing potential oil shipments, suggesting Cuba seek new suppliers.
What else will India buy from the US besides oil and aircraft? Report by Reuters
India is set to purchase petroleum, defense, electronics, pharmaceuticals, telecom products, and aircraft from the US, according to a report by Reuters, which also indicates that an official trade deal is expected soon to reduce the trade deficit with the US.