IMF: eurozone in critical danger, ECB should launch QE

The eurozone is in "critical" danger and the European Central Bank should play a bigger role in fighting the debt crisis through more rate cuts, QE and further liquidity provision, the International Monetary Fund has said.

UK Economy Continued To Contract In Three Months To January-NIESR

LONDON -(Dow Jones)- The U.K economy continued to contract in the three months to the end of January and is expected to be flat for the remainder of the year, an independent economic research group said Thursday.