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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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Euro-zone factory growth slows : The Euro Is Dead - Report

Factory growth ebbed in September in some of the euro zone's biggest and most vulnerable economies alike, pointing to a tepid recovery in the third quarter that will do little to soothe fears over the strength of the bloc's economy
The figures, which showed growth slowing among manufacturers in Germany, Italy, Spain, Austria and Greece, accompanied data Tuesday showing a modest fall in unemployment that was insufficient to cut the jobless rate from a near-record 12%, one of the highest in the developed world
ECB policy makers have cautioned on the strength of the recovery and predict record-low interest rates for some time to come
Data firm Markit said Tuesday its monthly gauge of factory activity pointed to a reduced rate of growth, as executives from firms in Germany, Italy, Austria, Spain and Greece reported slowdowns
A deceleration, if confirmed by official figures, would be a blow to euro-zone leaders hoping the 17-nation economy as a whole will soon pick up steam
The economy staged a muted recovery during the second quarter of the year after 18 months of contraction
Markit said its purchasing managers index for the manufacturing sector fell to 51.1 in September from 51.4 in August, confirming an earlier estimate
A reading above 50 indicates growth, and September's expansionary figure is the third in a row, suggesting the industry grew modestly during the third quarter of the year
But the slowdown in the rate of growth, and continued evidence of job cuts also included in the survey, are a warning signal
"This is still early days in what looks like a fragile recovery," said Chris Williamson, chief economist at Markit.
Eurostat, the European Union's statistics agency, said Tuesday that unemployment in the euro zone edged lower for a third straight month in August
But the small improvement in the number of unemployed people to 19.178 million in August from 19.183 million in July wasn't enough of a change to affect the rate, which held steady at 12%--just below the high of 12.1%
The jobless rate rose in Italy, to 12.2% from 12.1%
It stayed at 26.2% in Spain, indicating continued suffering for households in that country and ongoing pressure on the government's finances.
Tuesday's data suggest unemployment will improve only slowly and imply consumer spending will provide limited support to the recovering economy
"With the employment PMI still below the 50 no-change level and economic indicators still consistent with pretty weak growth in the region as a whole, unemployment looks set to fall only very gradually at best," said Ben May, economist from Capital Economics
There were some brighter spots in the raft of releases, however
The unemployment among under-25-year-olds edged down to 23.7% in August from a record of 23.8% in July and June
And, Markit's Mr. Williamson said an increase in the volume of orders taken by factories was a reason for hope
He also cited relatively rapid growth in factory activity in some countries, such as the Netherlands and Ireland
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