US trade deficit reaches $63.5bn (BBC)

[eppur_se_muova]

The US trade deficit increased in April by 2.5% to $63.4bn (£35.4bn), as oil prices surged to nearly $71 per barrel.

The figure was below that expected by analysts, who had feared that the deficit could soon reach $65bn.

The trade gap was $252bn for the year to date, leaving it on course to exceed the record $716bn recorded in 2005.

The high US trade deficit is leading to pressure on the US dollar, which has been falling in international markets, amid worries about financing the gap.
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Most of the trade deficit's widening can be put down to an $1.44bn increase in oil costs after crude prices climbed to record levels in April.
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more: http://news.bbc.co.uk/2/hi/business/5064400.stm

[xchrom]

1. yeah but we bombed the shit out of zarqawi.

report the good stuff -- and don't you dare mention that new beheading!

[dmoded]

2. money well spent..

makes me wonder, instead of starting an endless war with every nation out there (face it, we dont have the troops or knowhow to get to iran or north korea now, people are deserting left right and center and they are even running out of bullets.. (god bless grandma)

i wonder what that money could have done for our own country, feeding the poor/sick, investing in health care, etc.

but, bush wanted it this way, the deficit has never been higher and where are we? IN MEGA CROSSHAIRS!!