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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 Monday downgraded Banco Santander's
and Banco Bilbao Vizcaya Argentaria's long-term issuer default ratings to BBB+
from A and viability ratings to bbb+ from a
The outlooks on the long-term IDRs
are negative
The moves "are primarily based on the downgrade of the Spanish
sovereign" and reflect concerns that "Spain is forecasted to remain in recession
through the remainder of this year and 2013 compared to the previous expectation
that the economy would benefit from a mild recovery in 2013," Fitch said
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