The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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U.S. June services activity slowest since Jan. '10

WASHINGTON (MarketWatch)
U.S. services activity slowed in June to the weakest level since January 2010, according to data released by the Institute for Supply Management on Thursday
The ISM services index fell to 52.1% from 53.7% in May, which was worse than the 52.9% than economists expected
Of key components, the production index dropped 3.9 points, the new orders component fell 2.2 points, while the employment component rose 1.5 points.

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