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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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Boehner: New taxes OK under right conditions

WASHINGTON (MarketWatch)
New revenues "under the right conditions" are acceptable to Republicans as part of a deal to reduce the deficit, House Speaker John Boehner said Wednesday
But Boehner, speaking a day after his party retained its House majority in elections, said revenue should come through growth and reform, not higher tax rates
Bush-era tax cuts are set to expire and automatic spending cuts will kick in next year if Congress doesn't act in the lame-duck session

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WASHINGTON (MarketWatch) -- The U.S. trade deficit narrowed in September to $41.5 billion after exports rose more quickly than imports, the Commerce Department said Thursday. Economists polled by MarketWatch had forecast a $45.1 billion deficit. August's trade gap was revised to $43.8 billion