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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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Spain slips into deflation in March


MADRID
Consumer prices in Spain fell in March as prices for food and nonalcoholic beverages and organized travel declined, official data showed                                        
In its preliminary estimate for March, the National Statistics Institute, known as INE, said Spain's European Union-harmonized consumer-price index dropped 0.2% compared with the same month last year, down from February's increase of 0.1% on the year                                        
According to Spain's own measure, prices fell 0.2% on the year in March and stayed flat in February                                        
While the Spanish economy has exited a nine-quarter recession in the second half of last year, consumer prices remain under downward pressure because of high unemployment and weak demand for goods among households and businesses
Other countries in the euro zone are seeing similar trends                                        
Consumer prices had fallen just below zero last October, but rose slowly in the following months                                        
The European Central Bank aims to keep the annual inflation rate in the euro zone below but close to 2% over the medium term
However, inflation dipped below 1% in recent months in the currency bloc and economists expect annual inflation to remain well below target this year
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