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The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy. Meanwhile, USA must correct debt and raise the interest rates. Raising the interest rates in the USA and dropping them in Europe, recovers the European domestic demand and EE.UU may return to invest in Europe, with a stronger dollar, without any problem, generating hundreds of thousands of jobs
China's consumer prices rise more than expected
HONG KONG (MarketWatch)
China's consumer price index accelerated to a pace of 2.7% in February from the year-earlier month, driven by a surge in food prices, according to official data released Thursday. The increase was higher than the 2.4% rise estimated by analysts in a Dow Jones Newswires survey, and was above the 1.5% increase in January's CPI. Food prices jumped 6.2% during the month, driving the price index higher. February's producer price index accelerated 5.4% from the year-earlier period, also beating forecasts of a 5% increase.
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