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Licenciado Matemáticas (Especialidad Fundamentales) por UCM, MBA Executive, MBA Financial Markets, Project Management Excellence Certified
Financial Markets Services Consulting, IT CIO ACO Grupo Santander, IBM Global Services Principal, Electronic Data System Client Ececutive
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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
WASHINGTON (MarketWatch)
The Empire State manufacturing index rebounded a bit
to 7.4 in July, the New York Federal Reserve Bank said Monday
The increase was
larger than expected
Economists polled by MarketWatch expected the index to
rebound to 5.0 in July
The index had fallen sharply in June to 2.3 from 17.1 in
May
Many economists said the June decline probably overstated the weakness in
the factory sector in New York
However, a key sub-index for new orders fell
below zero in July for the first time since last November
The prices paid index
also decline to its lowest level since mid-2009
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