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Licenciado Matemáticas (Especialidad Fundamentales) por UCM, MBA Executive, MBA Financial Markets, Project Management Excellence Certified
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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 U.S. manufacturing sector remained in a weakened
state in July, according to the closely followed ISM index
The index was
basically unchanged last month, edging up to 49.8% from 49.7% in June, the
Institute for Supply Management said Wednesday
Readings below 50% indicates
more manufacturers are contracting instead of expanding
It's the first time the
index has been below 50% for two straight months since the end of the last
recession in mid-2009
Economists surveyed by MarketWatch had forecast the index
to edge up to 50.2%
The new-orders index rose slightly to 48.0% from 47.8% in
June,
but the employment index fell to 52.0% from 56.6
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