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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

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Japan's deflation speeds up in June; yen falls

LOS ANGELES (MarketWatch)
Japan's deflation accelerated in June, as the core consumer price index fell 0.2% from a year earlier, compared to a 0.1% drop in May, according to government data Friday
The drop in core CPI, which strips out volatile fresh-food prices, outpaced a forecast 0.1% fall projected in a Dow Jones Newswires survey of economists
June's core CPI was down 0.3% from May, while overall CPI fell 0.2% year-on-year and 0.5% month-on-month
Furniture and household utensils saw the largest price drop, falling 3.4% from a year earlier, while fuel, light and water led price gains, rising 3.5% from June 2011
 More deflation makes the Bank of Japan more likely to expand its monetary easing, which would pressure the yen lower
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