Euro-Zone Data Hint at Resilience

The euro-zone economy continued to shrink in October but at a slower pace than in recent months an early gauge of activity showed, while a rise in consumer sentiment in Germany bolstered hopes that the slowdown there will be brief.

UK economy grew 0.1% to avoid recession, says NIESR

The UK economy has avoided a double-dip recession by the narrowest of margins, a leading thinktank predicted after a manufacturing slump underscored the fragile nature of Britain's recovery.

Canada's economy grows 2.5 percent in 2011

OTTAWA: Canada's economy grew 2.5 percent in 2011, down from 3.2 percent in the previous year, but it is much better than the economists' estimates a few months ago, and also slightly higher than the central bank's prediction in January, Statistics Canada announced.