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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Calendario económico en tiempo real proporcionado por Investing.com España.

Richmond Fed index plunges

WASHINGTON (MarketWatch)
The performance of manufacturers in the upper Southeast and mid-Atlantic softened considerably in July, the Richmond Federal Reserve said
The bank's index of manufacturing conditions sank to -11 from 7 in June, as new orders and shipments both fell sharply
The Richmond Fed's new orders index dropped to -15 from 9 and shipments plunged 26 points to -15
The gauge for employment remained at zero for the second straight month

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