NYC faces $12B budget deficit, drawing comparison to 2008 financial crisis – as Zohran Mamdani uses dire forecast to push taxing the rich

The Big Apple was in the red — even before the socialist takeover. New York City is facing a mammoth $12 billion budget ...

Budget 2026: What is a fiscal deficit, its advantages, and how it is financed?

Union Budget 2026: As the budget approaches on Sunday, 1st February, know how the fiscal deficit shapes government spending.
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London universities join growing list of institutions pushed into financial deficit

Birkbeck, University of London and London Metropolitan University have each reported financial deficits for the 2025-2026 ...