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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
RIO DE JANEIRO -(MarketWatch)
General Electric Co. expects to
confirm within two months that it will set up a factory at Brazilian EBX Group's
Acu port in Rio de Janeiro state, GE Latin America's chief executive Reinaldo
Garcia said Thursday
"
The factory is almost confirmed," Garcia told Dow Jones Newswires on the
sidelines of an event to mark GE's setting up of a technology center in Rio de
Janeiro
The Acu factory will produce equipment for the oil, gas and energy
industries, Garcia said, without stipulating the investment required
GE said its Brazil revenues are expected to grow 30% this year from 2011's
$3.7 billion
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