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Licenciado Matemáticas (Especialidad Fundamentales) por UCM, MBA Executive, MBA Financial Markets, Project Management Excellence Certified
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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
CHICAGO (MarketWatch)
Fitch Ratings on Thursday downgraded its long-term
foreign and local currency issuer default ratings on Spain to BBB from A, with a
negative outlook
The BBB credit rating is just a notch higher than junk status
The firm said Spain's "high level of foreign indebtedness has rendered it
especially vulnerable to contagion from the ongoing crisis in Greece."
Fitch
added that the nation's reduced financing flexibility hampers its ability to
"intervene decisively in the restructuring of the banking sector and has
increased the likelihood of external financial support."
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