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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 business activity slows : France and Spain Down

By MarketWatch
A recovery in euro-zone business activity lost momentum at the start of the fourth quarter, as companies on the whole continued to cut jobs
Data firm Markit said its composite Purchasing Managers' Index, a monthly gauge of activity across manufacturing and services, edged down to 51.9 in October from 52.2 in September
A reading above 50 indicates growth
Still represents a slowdown from prior months
It is consistent with economic output rising 0.2% quarter-on-quarter, Markit's chief economist Chris Williamson said
The 18-nation euro-zone economy grew 0.3% in the second quarter, ending an 18-month downturn. Many economists expect data for July through September, due Nov. 14, to show the recovery flagging
Companies received fewer new orders than in previous months. In response, they cut jobs, represented by an employment balance below 50 for the 22nd straight month
The decline in employment was slightly faster than in September
Record levels of unemployment are among the euro zone's biggest economic problems and threaten to undermine its economic recovery due to weak domestic demand
Markit gives detailed figures for five countries--Germany, France, Italy, Spain and Ireland--that account for the bulk of euro-zone economic output
All showed growth in business activity in October, with the weakest rates in France and Spain
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