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Russia's oil, gas September revenues down 25% from last year amid high budget deficit: https://benborges.xyz/2025/10/03/russias-oil-gas-september-revenues.html

Exchange for Growth: Currency Dynamics in Emerging Markets
Shaunak Kulkarni, Rohan Ajay Dubey
https://arxiv.org/abs/2510.07039 https://arxiv.org/pdf/2510.0…

Exchange for Growth: Currency Dynamics in Emerging Markets
Currency crises are frequently discussed retrospectively as a necessary and deterministic outcome of a finite sequence of fiscal decisions, monetary manoeuvres, and limited exogenous inputs. Parallelly, the Twin Deficits Hypothesis (TDH) posits that an increase in the budget deficit leads to a direct rise in the current account deficit; although analogous to the idea of currency crises being the outcome of finite inputs (through a balance of payments crisis here), this notion runs contrary to t…

Tariffs will pay for tax cuts?
-- The White House can’t be serious.
After passing tax cuts that will likely cost $5.5 trillion over the coming decade, the Trump administration is under increasing pressure to rein in soaring budget deficits. So what’s the plan? Tariffs, tariffs and more tariffs.

Commerce Secretary Howard Lutnick recently claimed on CBS’s “Face the Nation” that tariff revenue “is going to pay off our deficit.”
Administration estimates of 10-year tari…

Tariffs will pay for tax cuts? The White House can’t be serious.
Trump officials say trillions of dollars in tariff revenue will pay for their tax cuts. Don’t hold your breath.

From ⁨⁨⁨⁨⁨#AnnafromUkraine⁩⁩⁩⁩⁩ @AnnafromUkraine@youtube.com
COLLAPSE IN #RUSSIA: MASSIVE #BUDGET #DEFICIT