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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
LOS ANGELES (MarketWatch)
Japan's industrial production dropped 3.1% in May,
accelerating from a 0.2% decrease, data released Friday showed
The decrease was
worse than a 2.8% fall expected in separate surveys by Dow Jones Newswires and
Reuters
Compared to a year earlier, when Japan was still reeling from a nuclear
crisis and the aftermath of a major earthquake, industrial output was 6.2%
higher
Car production led the drop in May, the Ministry of Economy, Trade and
Industry said, while non-pharmaceutical chemicals also drove the fall
On the
brighter side, a survey included with the data showed manufacturers now expect a
2.7% gain in June output, up from a forecast rise of 2.4% in last month's survey
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