Thursday, July 14, 2005

Deficit Shrinks on Temporary Oil Drop

Safe Haven | Deficit Shrinks on Temporary Oil Drop
As the chart shows below, the US deficit deteriorated with China (+7.1% to $15.8 bln), Eurozone (+17.2% to $8.1 bln) and OPEC (+3% to $7.3 bln). But the trade gap eased with Japan (-8% to $6.6 bln) and Canada (-12% to $4.8 bln).
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