Tuesday, Sep 12, 2006

US in the red

BBC News: US trade deficit hits fresh high

The US trade deficit hit a fresh high of $68bn (36bn) in July, due to the cost of crude oil imports reaching a new record, official data has shown. The figure was up 5% on June\'s deficit, and the gap for 2006 as a whole is now set to exceed 2005\'s record $717bn.

Posted by webmaster @ 06:54 PM (672 views)
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