The United States government recorded a budget deficit of 174 billion dollars in June, which is approximately a fifth of the 864 billion dollars the same month a year ago. Recovery of the labor and jobs markets, together with an advanced deadline to pay taxes this year helped to achieve the positive tendency.
The Trump administration has notified World Bank shareholders that President Donald Trump intends to pick senior Treasury Department official David Malpass as the U.S. nominee to lead the development lender, people familiar with the decision said on Monday.