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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.
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U.S. stocks extend loss to third session


SAN FRANCISCO (MarketWatch)
U.S. stocks closed lower Monday, extending a slide in blue-chips to the third day, the first streak of that kind since early June, as Spanish debt concerns mounted and investors traded cautiously ahead of earnings-season kickoff
The Dow Jones Industrial Average fell 36.18 points, or 0.3%, to 12,736.29
The S&P 500 fell 2.22 points, or 0.2%, to 1,352.46, also down for a third session
The Nasdaq Composite lost 5.56 points, or 0.2%, to 2,931.77

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