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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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ISM manufacturing index surges in July

WASHINGTON (MarketWatch)
U.S. manufacturers reported a big jump in activity in July, with a key index reaching its highest level in over two years
The Institute for Supply Management said its July manufacturing index surged to a reading of 55.4% vs. 50.9% in June
That’s the highest level since June 2011
Economists polled by MarketWatch had expected a reading of 52.0%
Earlier, a similar survey conducted by Markit produced a reading of 53.7 in July, the fastest rate of growth since March
Readings above 50 indicate expansión
The ISM numbers were unusually strong
The production index jumped 11.6 points to a nine-year high of 65.0%
The new-orders component rose 6.4 points to 58.3%, and the employment index leaped 5.7 points to 54.4%
The comments from the purchasing managers themselves were positive but not quite as optimistic
“Overall conditions remain steady and slightly above prior year,” said a manager in paper products
“Sales are holding steady. Business is good,” said a manager in furniture and related products
 
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