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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Dow, S&P's three-week losing streak is longest this year

NEW YORK (MarketWatch)
U.S. stocks declined Friday, with the Dow and S&P falling for a third week, on concern about Europe's debt troubles and prospects for global growth
"The problems in Europe are not getting any better. We still have more downside to go here," said Randy Frederick, managing director of active trading and derivatives at Charles Schwab
The Dow Jones Industrial Average fell 73.11 points, or 0.6%, to 12,369.38
The S&P 500 Index fell 9.64 points, or 0.7%, to 1,295.22
The Nasdaq Composite shed 34.9 points, or 1.2%, to 2,778.79.

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