In the face of a recession, the Bank of Canada would then be able to cut borrowing costs more aggressively without resorting to risky unconventional methods. (canadianbusiness.com)
COPENHAGEN, Oct 9 - Denmark's current account surplus swelled to a near - record high and the trade surplus rose in August, signs its economy was holding up well in the face of recession across Europe. (cnbc.com)
Even in the face of recession warnings and the agency's downgrades, the European debt market keeps improving. (nytimes.com)