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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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China manufacturing activity at 7-month low: HSBC

LOS ANGELES (MarketWatch)
Chinese manufacturing is contracting as activity hits its weakest pace in seven months, according to HSBC's preliminary reading on the sector for February
The HSBC/Markit "flash" version of its monthly Purchasing Managers' Index dropped to 48.3 compared to a final reading of 49.5 in January
A reading below 50 suggests contraction, while one above 50 shows expansion
The subindex for manufacturing output also hit a seven-month low, while the employment gauge showed a faster decrease than in the previous mont
The new-orders component swung to a decrease as well, with new export orders also showing a decline, though at a slower pace than in January
HSBC chief China economist Hongbin Qu said the result reflected "renewed destocking activities." Qu said that "Underlying momentum for manufacturing growth could be weakening
We believe Beijing policy makers should and can fine-tune policy to keep growth at a steady pace in the coming year."
The flash PMI usually includes 85% to 90% of the survey responses used for the final report, which is due out March 3
               
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