Economic recovery still years away?

WASHINGTON — The stagnant job growth that has plagued the American economy for more than three years is finally showing signs of easing, but it still could take years before the nation returns to the levels that preceded the economic collapse of 2008.

G20 chiefs: Europe needs a bigger financial firewall

NEW YORK (CNNMoney) -- European leaders have taken "substantial" steps to contain the eurozone debt crisis, but they need to build a stronger financial firewall to ensure the safety of the global economy, top finance officials said Sunday.

Tanzania economy may grow 7 pct in 2012/13: World Bank

DAR ES SALAAM (Reuters) - Tanzania's economy could rebound to 7 percent growth in 2012/13 if the global economy recovers, with gas revenues expected to boost domestic growth in the next decade, a World Bank official said on Friday.

Structural reforms needed even in recovery: OECD

Reuters) - The recent financial crisis and sluggish recovery around the globe have rightly helped spur governments to take on structural reforms such as in the labor, retirement and tax sectors to the benefit of many nations, the OECD said on Friday.

ECB's Draghi says euro zone recovering slowly

FRANKFURT (Reuters) - The euro zone economy is on the mend after a very weak end to 2011 and there have been more positive signs over the last two weeks, European Central Bank President Mario Draghi was quoted on Thursday as saying.