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The U.S. Treasury Department said its budget deficit reached $171 billion during August, $29 billion less than last month and $2 billion less than previously thought, according to Financial News. With the resumption of a large portion of economic activity, the government's tax revenues have been on the rise, and this has had a major impact on reducing the budget deficit even as the government is forced to maintain a large portion of its expenditures due to corona.
The European Union's Statistics Center published the second-quarter economic growth report for 2021, with the average economic growth of the 19 eurozone member states and 27 EU member states at 2.2 percent and 2.1 percent, respectively. This is up 2.5 percent compared with last quarter's growth in the eurozone and 2.3 percent at the European Union level. Also, annual economic growth over the above period was 14.3 percent in the eurozone and 13.8 percent in the European Union on average.
David Spica, senior investment officer at Guidstone Capital Institute, said overall, traders' willingness to sell their shares has become much less likely than in the past by improving the economic outlook. However there are many risks that can reverse the trend completely.
Ahan Pouya with more than a decade of best-selling experience, adheres to professional and ethical principles in the field of selling and buying at inside and outside the borders of Iran, helping you in the steel industry.
