The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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British retail sales fall 0.8% in February

FRANKFURT (MarketWatch)
February British retail sales volumes fell 0.8% from January and were up 1% compared to February 2011, the U.K. Office for National Statistics reported Thursday
Economists surveyed by Dow Jones Newswires had forecast a 0.4% monthly fall and a 2.6% year-on-year increase

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