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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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USDA holds food price forecasts

WASHINGTON (MarketWatch)
Food price forecasts from the United States Department of Agriculture were kept steady Wednesday, with the government still forecasting 2.5% to 3.5% growth this year and 3% to 4% growth next year
The full extent of the drought and its effect on commodity prices are as yet unknown, the USDA said

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