Increase (decrease) in imbalance (as percentage of pensionable remuneration)

(a) Interest on prior imbalance

Despite import compression, trade and current account deficits remained largely unchanged.

The necessary adjustments should be shared by the major surplus economies and the major deficit countries.

In 2003, the Territory finished with a slight trade deficit in the amount of 375,000.27

For the ASEAN 5, current account deficits averaging 4 of GDP in 1996 97 swung dramatically into average surpluses of 6.8 of GDP in 1998 99. A similar transformation occurred in South Korea, where a 2.8 current account deficit in 1996 1997 became an 8.6 surplus in 1998 1999.

In response, current account balances the Achilles heel of the so called East Asian growth miracle went from deficit to surplus. For the ASEAN 5, current account deficits averaging 4 of GDP in 1996 97 swung dramatically into average surpluses of 6.8 of GDP in 1998 99.

Yes, the US runs a massive trade deficit with China around 295 billion in 2011, or fully 40 of America s total merchandise trade gap of 738 billion. Republicans and Democrats alike argue that this is the crux of America s jobs problem.

Led by an impressive growth in export revenues and a substantial reduction of current account and trade deficits, external indicators improved overall.

In Latin America and the Caribbean and Asia, services trade deficits have shown positive signs of reducing over the past decade, whereas in the Middle East and the transition economies deficits have grown.

Sub Saharan Africa's deficit continues at roughly US 10 billion annually.

Within national income accounts, trade deficits represent the excess of a country s consumption over production. From an accountant s perspective, that makes it logical to label trade deficits as negative savings.

This, in turn, resulted in substantial currency devaluations and required a sudden contraction of trade deficits.

Thus, from a position of a small trade surplus ( 33 million) with markets other than Israel in 1981, the Palestinian economy today has a 144 million trade deficit with the rest of the world, and a 1,315 million deficit with Israel.

Most economists go a step further, asserting that the US deficit is caused by a savings shortage. But, since one country s trade deficit is another s surplus, US Federal Reserve Chairman Ben Bernanke has argued for turning the conventional logic on its head rather than resulting from a savings shortage, the US trade deficit is the result of a global savings glut especially in China.

Workers apos remittances have also contributed to reducing their deficit in services trade.

Saudi Arabia also has a bilateral and multilateral surplus Americans want its oil, and Saudis want fewer US products. Even in absolute value, Saudi Arabia s multilateral merchandise surplus of 212 billion in 2008 dwarfs China s 175 billion surplus as a percentage of GDP, Saudi Arabia s current account surplus, at 11.5 of GDP, is more than twice that of China.

20. As for the external situation the terms of trade have deteriorated and there is a structural balance of payments deficit.

He said to me, Son of man, I send you to the children of Israel, to a nation of rebels who have rebelled against me. They and their fathers have transgressed against me even to this very day.

He said to me, Son of man, I send you to the children of Israel, to a nation of rebels who have rebelled against me. They and their fathers have transgressed against me even to this very day.

And he said unto me, Son of man, I send thee to the children of Israel, to a rebellious nation that hath rebelled against me they and their fathers have transgressed against me, even unto this very day.

And he said unto me, Son of man, I send thee to the children of Israel, to a rebellious nation that hath rebelled against me they and their fathers have transgressed against me, even unto this very day.

43. The large current account deficits recorded in the years directly preceding the crisis emanated from private sector activity.

China breaks Crowther s mold. Given that it has been running an investment income deficit, a trade surplus, and current account surplus, it seems that it should be classified as a debtor repayer.

Nonetheless, the Territory generally runs at a trade deficit, owing to its heavy reliance on imported goods, most of which come from the United States mainland.

This translates into a merchandise trade deficit whose proportions grew from 35 per cent of GDP in 1981, to around 45 per cent by 1996.

Man Against the current! You did it against the current!

12. From the perspective of another key economic indicator, balance of trade, while Cayman has traditionally had an imbalance of visible trade, the export of services, mainly tourism and financial, continued to offset the deficit.

Here, it was argued that the global imbalances are largely a problem among developed countries, as the United States accounts for 70.1 per cent of global deficits and the main surplus economies are Japan (20 per cent) and Germany (11.9 per cent), while China accounts for only 7.9 per cent of the global surplus.

In sharp contrast to being diligent and responsible on reaching adulthood, Daniel Wu was a very mischievous child, even rebellious.

7. In 1994, the latest year for which official government figures are available, exports amounted to 252.2 million and imports totalled 497.8 million, resulting in a trade deficit of 245.6 million.

Then he who had been rebellious

So for one who rebelled,

then as for him who was insolent

Then as for him who waxed exorbitant,

Then, for him who Tagha (transgressed all bounds, in disbelief, oppression and evil deeds of disobedience to Allah).

As for him who was defiant.

then he who transgressed

Then, as for him who rebelled

as for him who has been rebellious

then as for whosoever was insolent

So as for he who transgressed

Those who have rebelled

Then as for him who is inordinate,

anyone who has acted arrogantly