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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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Japan posts July price-rise; jobless rate drops

LOS ANGELES (MarketWatch)
Japan posted some strong economic data, with the Finance Ministry reporting a second straight rise for consumer prices in July and a drop in the jobless rate
The core consumer price index, which excludes volatile fresh-food costs, rose 0.7% from a year earlier, accelerating from June's 0.4% rise
The gain was the largest since November 2008 and marked a victory for the government of Prime Minister Shinzo Abe and the Bank of Japan, which have been pushing policies to rid Japan of crippling deflation
Separate Dow Jones Newswires and Reuters surveys had tipped a 0.6% rise
On a monthly basis, the core CPI was up 0.1%
Meanwhile, August's core CPI for metropolitan Tokyo -- seen as a leading indicator for the nation as a whole -- was 0.5% higher than a year earlier, compared to a projected 0.4% rise seen in the Dow Hones Newswires poll
The unemployment rate slipped to 3.8% from 3.9% in June, with the Dow Jones Newswires and Reuters having both tipped no change for the rate
It marked the second consecutive monthly drop for the jobless rate
In other data, spending for households of two or more people edged up a price-adjusted 0.1% during July, swinging from a 0.4% drop in June
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