13, August 2019
US: Budget deficit widens; spending up on health, military 0
The US government’s deficit widened to $120 billion in July, fueled by increases in spending on health care and the military, according to data released on Monday by the Treasury Department.
The size of the deficit was in line with expectations in a Reuters poll of analysts.
The Treasury Department said federal spending in July was $371 billion, up 23 percent from the same month in 2018, while receipts were $251 billion, up 12 percent compared with July 2018.
The fiscal-year-to-date deficit was $867 billion, compared with $684 billion in the comparable year-earlier period.
The US government’s fiscal position has deteriorated since 2016, hit by an aging of the population that has led to more people drawing on Medicare, a federal health insurance program for the elderly.
Increased spending on the military has also fueled the deficit under President Donald Trump, who took office in January 2017 promising to strengthen the military.
Earlier this month, the US Congress passed a two-year budget deal backed by Trump that would increase federal spending on defense and other domestic programs, which could significantly add to the government’s growing debt.

In July, Washington spent $53 billion on defense programs, up from $43 billion in the same month of 2018. Spending on Medicare rose to $66 billion from $34 billion, though some of that increase was because of calendar adjustments, a Treasury official said.
When adjusted for calendar effects, the US government’s deficit last month was $129 billion compared with an adjusted deficit of $122 billion in July 2018, the Treasury official said.
Even accounting for the calendar adjustments, spending on Medicare rose 11 percent in July compared to the same month a year earlier.
(Source: Reuters)



























13, August 2019
Federal Republic of Ambazonia: Presidential Message on Eid al-Adha, 2019 0
I send my warmest greetings to all Muslims celebrating Eid al-Adha.
Eid al-Adha honours Abraham’s obedience to God’s command in agreeing to sacrifice his only son. Seeing Abraham’s remarkable demonstration of faith, God stopped Abraham from sacrificing his son and gave him a lamb to sacrifice instead. In like manner, an animal is sacrificed ritually, and the meat is shared with the poor, relatives, friends and neighbours during Eid al-Adha.
During these three days of Eid al-Adha, we join the community thanks in the spirit of shared thankfulness for the blessings we have been given, and reflect on our duties towards one another during these very challenging times for our country.
In the spirit of Eid al-Adha, may we all resolve to be more giving towards one another, especially towards those who have been hardest hit by the ongoing war.
Happy celebrations to Ambazonia’s Muslim community and goodwill to Muslims worldwide.
Respectfully,
Dabney Yerima
Vice President, Interim Government (IG) Federal Republic of Ambazonia