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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

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Clases Particulares para hacer crecer tu Negocio. #Coaching #Growth #Bigdata

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#Bigdata y #Desarrollo #Cognitivo para Personas entre 15 y 65 años

#Bigdata y #Desarrollo #Cognitivo para Personas entre 15 y 65 años
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American Express to cut 5,400 jobs, log charges

American Express Co. announced several hundred million dollars of charges related to cost-cutting measures as it plans to eliminate 5,400 jobs in a move that will reduce its current headcount by 8.5%
The planned layoffs resulted in a $400 million restructuring charge in the fourth quarter, the New York-based credit-card company said in a surprise earnings announcement
It also said it would record $342 million in expenses related to its cardholder rewards program, and refund $153 million to cardholders related to past customer transactions
The moves resulted in a profit of $637 million, or 56 cents per share, in the fourth quarter
Excluding the charges, the company would have posted a profit of $1.2 billion, or $1.09 per share
Analysts polled by Thomson Reuters were expecting earnings of $1.06 per share
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