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US reports $232 bn budget deficit

Tuesday, 13 March 2012 19:17
This marked the biggest monthly budget imbalance in history, and was $9.2 billion higher than the previous record of $222.5 billion registered in February 2011. The US federal government raked in $103.4 billion last month, and registered outlays of $335.1…

Boeing got illegal US subsidies: WTO

Tuesday, 13 March 2012 19:13
The US government had pumped at least $5.3 billion in illegal subsidies into Boeing between 1989 and 2006, according to the WTO’s Appellate Body report. It said the subsidies granted to Boeing by the Wichita City of Kansas violate WTO…