European leaders have agreed on new measures to stem the sovereign debt crisis, easing concerns over the Euro’s fate. But will it last?

Manufacturing in the world’s largest economy is expected to expand at a faster pace in January, and the rise in production may prop up the U.S. dollar as the development highlights an improved outlook for growth.

One of Canada's top federal bureaucrats in charge of energy policy says Canadians in Eastern Canada may see more Alberta oil coming their way in the near future as oil prices rise.

Korea's January trade numbers were terrible. The headline was a deficit of US$2.0 billion, against expectations for a decent-sized surplus. Import growth slowed but exports crumbled. This is bad news for Korea's export-driven economy.

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AP - Unemployment across the 17 countries that use the euro ended 2011 at a record high, official figures showed Tuesday, a day after EU leaders acknowledged they would have to boost economic growth with the same urgency that they had shown in combating their nations' debts.

AP - Eurostat, the EU's statistics office, estimates that unemployment across the 17-nation eurozone rose by the end of 2011 to 10.4 percent, a joint record high since the euro launched in 1999.

Reuters - Midwestern U.S. lawmakers and union groups on Tuesday urged President Barack Obama to restrict imports of auto parts from China that they said benefited from massive illegal subsidies and threatened hundreds of thousands of American jobs.

Greece has all but concluded a crucial deal to write off half its privately held debt and is now working on new austerity measures needed to secure continued bailout loans, Finance Minister Evangelos Venizelos said Tuesday.