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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 manufacturing orders fall : Report

FRANKFURT
German manufacturing orders slumped at the start of the fourth quarter owing to weak demand for capital goods, especially from the euro zone, and following a previous glut of bulk orders
Manufacturing orders in October dropped 2.2% on the month, partly erasing September's 3.1% gain, and falling short of economists' forecasts of a 1.0% decline
Orders growth in September was slightly weaker than previously estimated
Feeble demand in October follows a flood of bulk orders in September, especially for ships, rail and aviation equipment, indicating that "the positive trend in orders continues", according to the ministry
Domestic orders in October dropped 2.0% on the month; foreign orders were down 2.3%
Total orders of capital goods, meanwhile, declined 5.2%, fully erasing September's gain of the same order
Euro-zone demand for capital goods in October dropped 6.9% on the month, after surging 22.8% in September
The recovery of Germany's key industrial sector is expected to continue as companies become increasingly optimistic about future trade, the ministry said
Separately, Germany's central bank Friday raised its growth forecasts for Europe's largest economy Economic growth should accelerate to 1.7% in 2014 and 2.0% in 2015 from "no more than 0.5%" this year, the Bundesbank said
"The German economy is in good shape: the unemployment rate is low, employment is rising, and wage growth is returning to normal," Bundesbank president Jens Weidmann said
Those factors combined with low interest rates "are supporting private consumption and driving housing construction," he added
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