The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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NFIB small-business optimism index rises

WASHINGTON (MarketWatch) 
The small-business optimism index of a trade group rose 1.4 points to 93.9 in December, according to data released
The National Federation of Independent Business said its index rose on gains in the component of those who expect the economy to improve and those who expect real sales to be higher
Three of the ten components were negative
The NFIB said the index was nonetheless short of its recovery high of 95.4 and well below the readings over 100 that typify post-recession periods

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El Genio dijo...

WASHINGTON (MarketWatch)-- President Barack Obama said Tuesday that he can take steps to help the economy without the cooperation of Congress. "We are not just going to be waiting for legislation in order to make sure that we're providing Americans the kind of help that they need. I've got a pen, and -- and I've got a phone," Obama said in brief remarks at the start of a Cabinet meeting, The president said he could use the "pen" to take steps to push forward on efforts to create new hubs for manufacturing, making college more affordable and helping the long-term unemployed. He said he would use the phone to talk to nonprofits, businesses, the private sector and universities to improve economic conditions. "So overall, the message to my Cabinet and that will be amplified in our State of the Union is that we need all hands on deck to build on the recovery that we're already seeing. The economy is improving but it's in need of improving even faster," Obama said.

geniopolis.net dijo...

WASHINGTON (MarketWatch) -- The Senate on Tuesday failed to advance legislation to extend long-term unemployment benefits. Two separate proposals failed to clear procedural hurdles, leaving the fate of the benefits uncertain. Earlier Tuesday, Senate Majority Leader Harry Reid had offered Democrat and Republican amendments at 60-vote thresholds. But Senate Minority Leader Mitch McConnell slammed that proposal, saying it was unfair since the final bill would require just a simple majority. Emergency jobless benefits expired on Dec. 28 for 1.3 million Americans.