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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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German trade surplus narrows in July

By MarketWatch
FRANKFURT
Germany's trade surplus narrowed in July in adjusted terms, confounding experts' expectations of a slight increase, data from the country's statistics agency Destatis showed Friday
Exports of goods fell 1.1% on the month in July, while imports increased by 0.5%
The data are adjusted for calendar and seasonal effects
The country's adjusted trade surplus came in at 14.5 billion euros ($19 billion) in July, below experts' expectations of EUR16 billion
June's adjusted trade surplus was EUR15.8 billion, a slight revision from the EUR15.7 billion first reported
In yearly, unadjusted terms, exports were unchanged in July, while imports rose 0.9%, Destatis reported
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