Today in News History

On July 13, several notable moments in the history of News stand out. In 939, Leo VII, pope of the Catholic Church passed away. In 1573, Eighty Years' War: The Siege of Haarlem ends after seven months. In 1927, Simone Veil, French lawyer and politician, President of the European Parliament (died 2017) was born. In 1950, Jurelang Zedkaia, Marshallese politician, 5th President of the Marshall Islands (died 2015) was born. In 1962, In an unprecedented action, British Prime Minister Harold Macmillan dismisses seven members of his Cabinet, marking the effective end of the National Liberals as a distinct force within British politics. In 1973, Watergate scandal: Alexander Butterfield reveals the existence of a secret Oval Office taping system to investigators for the Senate Watergate Committee. In 1977, New York City: Amidst a period of financial and social turmoil experiences an electrical blackout lasting nearly 24 hours that leads to widespread fires and looting. In 2008, Battle of Wanat begins when Taliban and al-Qaeda guerrillas attack US Army and Afghan National Army troops in Afghanistan. The U.S. deaths were, at that time, the most in a single battle since the beginning of operations in 2001. In 2013, Typhoon Soulik kills at least nine people and affects more than 160 million in East China and Taiwan. In 2016, Prime Minister of the United Kingdom David Cameron resigns, and is succeeded by Theresa May. Together, these milestones provide historical context for today's news news and ongoing narratives.

Fiscal, current account deficits expected to continue until 2028 

BusinessWorld Online

BusinessWorld Online

·

July 12, 2026

·

center
Fiscal, current account deficits expected to continue until 2028 

THE Philippines is expected to continue running fiscal and current account deficits through 2028, with economists warning that sustained government spending will be needed to help keep the domestic private sector in surplus and avoid a financial crisis. In a paper, Lessons from Sectoral Financial Balances for Philippine Crises, De La Salle University Economists Jesus []

Narrative Intelligence Brief

This article was published by BusinessWorld Online, a source frequently categorized with a center bias based in Philippines. Our narrative intelligence engine continuously monitors coverage from this outlet to track framing, bias, and rhetorical patterns. Our initial algorithmic scan of this specific piece did not flag high-confidence rhetorical techniques, suggesting a generally straightforward reporting style or neutral framing. By understanding the editorial perspective of BusinessWorld Online, readers can better contextualize the information presented and compare it across our broader media matrix to find the real narrative.

Analysis Methodology
This narrative analysis was generated using the CoDataLab Global Intelligence Engine. Our proprietary AI scans thousands of cross-border sources to identify sentiment patterns, framing techniques, and potential media bias. While AI provides the data-driven foundation, our objective is to empower readers with additional context beyond the standard headline.The content displayed above is a structured summary designed for rapid information processing. For the full original report, please visit the source outlet.

How other outlets are covering this story

Compare narratives across 36 related reports from 36 sources. Real Narrative News aggregates the coverage spectrum so you can see who emphasises what — bias tags reflect the outlet, not the story.

Coverage bias distribution

36 sources

Left 22%

Center 39%

Right 33%


Business Today

center

· Jul 6, 2026

War pause eases pressure on FY27 fiscal deficit target as govt sees improving outlook

The latest fiscal accounts nevertheless reflect the impact of front-loaded government spending.

The West Australian

lean right

· Jun 29, 2026

Tax cuts, pay rises and text message changes on the way

A new financial year brings with it a raft of changes to government payments, tax rates and business reporting requirements.

Toronto Sun

right

· Jun 30, 2026

Tax cut for Ontario small businesses begins on Canada Day

But financial savings for some companies could be offset by tax credit reduction in 2027

Globes English

center

· Jun 21, 2026

Bank of Israel introduces bank fees reform

As part of the reform, which will come into effect in stages between October 2026 and July 2027, the public will pay up to NIS 10 monthly for 100 monthly transactions on the checking account.

WRAL News

center

· Jul 7, 2026

Stein to sign GOP-proposed NC budget, ushering in lower taxes and raises for state employees

North Carolina is expected to have a new budget in place for the first time in over a year. Raises and bonuses for state workers are retirees should soon hit bank accounts, and new state projects can now get started.

CNET

center

· Jun 26, 2026

GTA 6 Confirms $80 Price Tag, Ultimate Edition, Midnight Preorders and More

The next installment of the Grand Theft Auto series is poised to dominate 2026. Here's what we know so far.

MyJoyOnline

center

· Jul 12, 2026

Remaining external debt restructuring negotiations may create short term payment challenges – BoG

According to its May 2026 Monetary Policy Report (MPR), this may have implication for the domestic currency, thus more domestic savings would be needed to meet future external debt service obligation,

Spotlight Delaware

left

· Jun 26, 2026

Major bills loom as Delaware lawmakers face final day of session

As the final day of the 2026 legislative session approaches on Tuesday, several bills face uncertain futures, including a slate of property tax reforms and legislation that seeks to rein in healthcare costs. Also pending is the state’s perennially contentious capital budget that would distribute nearly 1.26 billion dollars to state building projects. The post Major bills loom as Delaware lawmakers face final day of session appeared first on Spotlight Delaware.

The Budapest Times

lean left

· Jul 9, 2026

Inherited fiscal chaos: new government says true deficit hit 8.3%

You must be logged into the site to view this content.

Off The Press

right

· Jul 10, 2026

Don’t look now: The federal debt is even worse than you thought

Only nine months into fiscal year 2026, the U.S. government has already borrowed 1.4 trillion, surpassing the entire federal deficit of the previous fiscal year. The federal government collected 4.2 trillion over the past nine months and spent or lost a total of 5.5 trillion, according to a new Congressional Budget Office report. During the []...Click to read more

The Economic Times

lean right

· Jul 10, 2026

6 key changes in EPS pension 2026 you must know

6 key changes in EPS pension 2026 you must know

The Rising Nepal

center

· Jul 6, 2026

Boost Spending Capacity

The current fiscal year 2025/26 is going to end in less than two weeks. In the final month of the fiscal year, the count...

The Motley Fool

lean left

· Jun 25, 2026

Why July Is a Critical Month for Social Security Recipients

If you are collecting Social Security, what happens in July is going to impact your finances in 2027.

The Hindu BusinessLine

lean right

· Jun 21, 2026

Normative shift in fiscal federalism

Fiscal issues. 16th Finance Commission’s stress on States’ contribution to national GDP could widen inter-State disparities

BOL News

lean right

· Jul 8, 2026

FBR projects Rs14.5 trillion tax revenue for FY 2026-27

ISLAMABAD: The Federal Board of Revenue (FBR) has projected that federal tax collections will reach PKR 14.5 trillion in fiscal year 2026-27, an 11.7 increase from the current year’s expected haul, according to the FBR’s revenue forecasting report released Tuesday. The projected increase of PKR 1.517 trillion is based solely on autonomous growth tied to ... Read more The post FBR projects Rs14.5 trillion tax revenue for FY 2026-27 appeared first on BOL News.

DNyuz

lean right

· Jul 3, 2026

The Best Movies of 2026 So Far

I’ve said it before and I’ll say it again: Every year is a great year for movies if you know where to look. But 2026 may already be one for the ages. We’re only halfway through, and we’ve already seen a new wave of original and quasi-original films from young filmmakers who cut their teeth []

Seeking Alpha

lean right

· Jul 11, 2026

Weekly Indicators: Consumer Spending Continues To Blow Its Stack

Weekly Indicators: Consumer Spending Continues To Blow Its Stack

Nepal News

center

· Jun 28, 2026

प्रतिनिधिसभा बैठक सुरु

काठमाडौँ। प्रतिनिधिसभा बैठक सुरु भएको छ। सभाको आजको बैठकबाट बजेट आश्रित दुई विधेयक पारित गर्ने कार्यसूची छ। बैठकमा अर्थमन्त्री डा स्वर्णिम वाग्लेले ‘आर्थिक विधेयक, २०८३’ र ‘राष्ट्र ऋण उठाउने विधेयक, २०८३’लाई पारित गरियोस् भनी प्रस्ताव राख्ने छन्। त्यसअघि आर्थिक विधेयक २०८३ माथि प्राप्त संशोधनसहित छलफल हुनेछ। सभामुख डोलप्रसाद अर्यालले ती विधेयकमाथि प्राप्त संशोधनलाई निर्णयार्थ प्रस्तुत []

Proto Thema - English

lean right

· Jul 2, 2026

Private debt: Six new opportunities for debtors with debts and loans

The new set of measures concerning debts to the State, non-performing loans, frozen bank accounts, and the protection of primary residence – 72 instalments for overdue debts up to 2023 – unfreezing of accounts upon payment of 25 of the debt – out-of-court settlement also for debts from 5,000 The post Private debt: Six new opportunities for debtors with debts and loans appeared first on ProtoThema English.

Utusan Malaysia

center

· Jun 22, 2026

Tekanan kos jadi cabaran utama sektor pengguna

PETALING JAYA: Tekanan kos yang semakin meningkat dijangka menjadi cabaran utama kepada syarikat-syarikat sektor pengguna pada separuh kedua 2026, sekali gus memberi tekanan kepada margin keuntungan walaupun permintaan pengguna masih kekal berdaya tahan. BIMB Securities berkata, inflasi kos dijangka menjadi tema utama bagi sektor itu pada bulan-bulan mendatang, didorong terutamanya oleh peningkatan kos berkaitan tenaga ... Read more The post Tekanan kos jadi cabaran utama sektor pengguna appeared first on Utusan Malaysia.

Times of India

lean right

· Jul 11, 2026

Where retirement goes to die: Inside America’s geriatric government

Where retirement goes to die: Inside America’s geriatric government

BizNews

center

· Jun 29, 2026

Section 10C: Income tax strategies in retirement structuring

Section 10C: Income tax strategies in retirement structuring

Medical Daily

center

· Jun 25, 2026

Medicaid Work Requirements Are Rolling Out Now — Here Is What Your State Has to Do Before Millions Lose Coverage

Medicaid work requirements from the One Big Beautiful Bill are taking effect in multiple states in 2026. Here is what it means for coverage, who is at risk, and what states must do.

Brisbane Times

center

· Jun 23, 2026

The NSW budget explained in five charts

Here are the key details that shed light on the state’s finances, the economic outlook and what lies ahead for households and consumers.

Tampa Free Press

right

· Jun 25, 2026

$37B Leak: Florida Lawmakers New Bill Forces Nationwide Crackdown On Medicaid Waste, Fraud

A new legislative push in Washington is targeting billions of dollars in improper government spending by tightening rules on how states track Medicaid funds. Senate Committee on Aging Chairman Rick Scott and U.S. Representative Gus Bilirakis introduced the Medicaid RAC Improvement Act of 2026, a bicameral bill designed to force all states to participate in [] 37B Leak: Florida Lawmakers New Bill Forces Nationwide Crackdown On Medicaid Waste, Fraud

EUobserver

lean left

· Jun 24, 2026

EU tax reform promises €8bn in savings, but shell companies untouched

The most impactful change is the abolition of taxes charged on cross-border payments of dividends, interest and royalties between companies. This alone accounts for around 5.3bn of the projected savings.

The Japan Times

center

· Jun 22, 2026

Takaichi says consumption tax cut would last only two years

Asked if the cut would expire after two years even if the economy worsened, the prime minister said the measure is only a bridge until a refundable tax credit program is created.

The Next Web

lean left

· Jun 30, 2026

Visa says AI investment and digital commerce are carrying the global economy

The payments giant’s midyear outlook forecasts 2.4 global growth in 2026, crediting an investment boom and online price competition for absorbing the strain of higher energy costs. The company that sees a slice of nearly every card swipe on the planet has a view on where the economy is heading, and the view is cautiously [] This story continues at The Next Web

Bloomberg

lean left

· Jul 3, 2026

France’s Lescure Wants 2027 Budget That Brings Deficit Below 5%

French Finance Minister Roland Lescure said he will push for a finance bill for next year that brings a further improvement in public finances, and expects parliament “most likely” will allow a budget to pass.

Hindustan Times

lean left

· Jul 10, 2026

IRS refund deadline today: Who qualifies to claim money, how to file and why taxpayers shouldn't miss the date

Millions of Americans could still be eligible for IRS refunds tied to the COVID-19 disaster period, and most affected taxpayers must act before July 10.

Coffman Chronicle

left

· Jul 10, 2026

U.S. Deficit Reaches $1.4 Trillion as Interest Costs Strain Federal Budget

The federal government’s borrowing pace is back under scrutiny after the Congressional Budget Office estimated that the deficit reached 1.4 trillion in the first nine months of fiscal year 2026.

https://cdn.mos.cms.futurecdn.net/LBULtH6X3qY4cZxzGWe6U8.jpg

· Jul 10, 2026

Take These Steps to Tame Your Taxes In Retirement

Take These Steps to Tame Your Taxes In Retirement

BERNAMA

center

· Jul 9, 2026

Business : Government's Statutory Debt Projected To Remain Below 65% Of GDP In 2026

KUALA LUMPUR, July 9 (Bernama) -- The federal government's statutory debt level, after taking into account borrowing requirements for 2026, is projected to remain below 65 per cent of gross domestic product (GDP).

https://cdn.mos.cms.futurecdn.net/TonXGC6ZJtXhATcSRZHQuj.jpg

· Jul 4, 2026

Your Retirement Plan Looks Watertight, But Have You Checked for Tax Leaks?

Your Retirement Plan Looks Watertight, But Have You Checked for Tax Leaks?

KMJNow – Fresno

right

· Jul 1, 2026

New CA Laws Include Gas Tax Increase, Change to Food Labels And More

A slate of new state and federal laws took effect Wednesday, including an increase in California's gas tax and other laws that impact how you repay st...

ING Think

center

· Jul 9, 2026

ING Monthly: The world economy at half-time

After a volatile first half of the year, will the remainder of 2026 be any calmer?

Topics:

World · 15
Business · 9
Politics · 6
Technology · 2
Unknown · 1

Related coverage for "Fiscal, current account deficits expected to continue until 2028 ": Business Today — War pause eases pressure on FY27 fiscal deficit target as govt sees improving outlook. The West Australian — Tax cuts, pay rises and text message changes on the way. Toronto Sun — Tax cut for Ontario small businesses begins on Canada Day. Globes English — Bank of Israel introduces bank fees reform. WRAL News — Stein to sign GOP-proposed NC budget, ushering in lower taxes and raises for state employees. CNET — GTA 6 Confirms $80 Price Tag, Ultimate Edition, Midnight Preorders and More. MyJoyOnline — Remaining external debt restructuring negotiations may create short term payment challenges – BoG. Spotlight Delaware — Major bills loom as Delaware lawmakers face final day of session. The Budapest Times — Inherited fiscal chaos: new government says true deficit hit 8.3%. Off The Press — Don’t look now: The federal debt is even worse than you thought. The Economic Times — 6 key changes in EPS pension 2026 you must know . The Rising Nepal — Boost Spending Capacity. The Motley Fool — Why July Is a Critical Month for Social Security Recipients. The Hindu BusinessLine — Normative shift in fiscal federalism. BOL News — FBR projects Rs14.5 trillion tax revenue for FY 2026-27. DNyuz — The Best Movies of 2026 So Far. Seeking Alpha — Weekly Indicators: Consumer Spending Continues To Blow Its Stack. Nepal News — प्रतिनिधिसभा बैठक सुरु. Proto Thema - English — Private debt: Six new opportunities for debtors with debts and loans. Utusan Malaysia — Tekanan kos jadi cabaran utama sektor pengguna. Times of India — Where retirement goes to die: Inside America’s geriatric government. BizNews — Section 10C: Income tax strategies in retirement structuring. Medical Daily — Medicaid Work Requirements Are Rolling Out Now — Here Is What Your State Has to Do Before Millions Lose Coverage. Brisbane Times — The NSW budget explained in five charts. Tampa Free Press — $37B Leak: Florida Lawmakers New Bill Forces Nationwide Crackdown On Medicaid Waste, Fraud. EUobserver — EU tax reform promises €8bn in savings, but shell companies untouched. The Japan Times — Takaichi says consumption tax cut would last only two years . The Next Web — Visa says AI investment and digital commerce are carrying the global economy. Bloomberg — France’s Lescure Wants 2027 Budget That Brings Deficit Below 5%. Hindustan Times — IRS refund deadline today: Who qualifies to claim money, how to file and why taxpayers shouldn't miss the date. Coffman Chronicle — U.S. Deficit Reaches $1.4 Trillion as Interest Costs Strain Federal Budget. https://cdn.mos.cms.futurecdn.net/LBULtH6X3qY4cZxzGWe6U8.jpg — Take These Steps to Tame Your Taxes In Retirement . BERNAMA — Business : Government's Statutory Debt Projected To Remain Below 65% Of GDP In 2026. https://cdn.mos.cms.futurecdn.net/TonXGC6ZJtXhATcSRZHQuj.jpg — Your Retirement Plan Looks Watertight, But Have You Checked for Tax Leaks? . KMJNow – Fresno — New CA Laws Include Gas Tax Increase, Change to Food Labels And More. ING Think — ING Monthly: The world economy at half-time