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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Consumer sentiment lowest since December

WASHINGTON (MarketWatch)
The University of Michigan-Thomson Reuters consumer-sentiment index fell to a final June reading of 73.2 -- the lowest level since December -- from 79.3 in May, according to Friday reports
A preliminary estimate for June pegged the level at 74.1
Economists polled by MarketWatch had expected a final June reading of 74, on weak jobs data and concerns about challenging conditions in the U.S. and overseas
The sentiment gauge, which covers how consumers view their personal finances as well as business and buying conditions, averaged about 87 in the year before the most recent recession
Economists watch sentiment data to get a feel for the direction of consumer spending.

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