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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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June U.S. trade deficit sinks 22% to $34.2 billion

WASHINGTON (MarketWatch)
The U.S. trade deficit shrank in June by 22.4% to $34.2 billion to mark the smallest gap since fall 2009, a decline likely to give a boost to the nation's 1.7% growth figure for the second quarter when it's revised at the end of the month
A smaller deficit is a positive for gross domestic product
Economists surveyed by MarketWatch had forecast the deficit to fall to $43 billion
What's more, the trade gap for May was also revised a touch lower to $44.1 billion from $45.0 billion, the Commerce Department said
The Sharp narrowing of the trade gap reflected higher exports and lower imports
Imports decreased by 2.5% in June to a seasonally adjusted $225.4 billion, while exports rose 2.2% to $191.2 billion
The U.S. exported more oil, chemicals, jetliners and jewelry and imported less oil, cell phones and industrial supplies
The trade deficit with Europe declined to $6.74 billion in June from $12.36 billion in May on an unadjusted basis, mainly because the U.S. imported fewer goods and services from that región
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