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    • Europe scrapes out economic growth by dodging gas disaster

    During post-Christmas sales in London, on Dec. 29, 2022. (Alastair Grant / AP) During post-Christmas sales in London, on Dec. 29, 2022. (Alastair Grant / AP)
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    FRANKFURT, Germany -

    Europe's economy scraped out meager gains at the end of last year as galloping inflation fed by high energy prices and Russia's invasion of Ukraine deterred people from spending in shops and restaurants.

    Economic output crept 0.1% higher in the last three months of 2022, European Union statistics agency Eurostat reported Tuesday, avoiding an outright downturn as warmer-than-usual winter weather shelved fears of energy rationing in Europe.

    The countries that share the euro currency -- 19 in 2022, now 20 after Croatia joined the eurozone in the new year -- appeared to have avoided the worst case scenario: forced industrial shutdowns from running out of natural gas after Russia halted most supplies. Warm weather and efforts to find new supply that comes by ship instead of pipeline from Russia have eased that worry for now.

    Nonetheless, natural gas prices are still three times higher than before Russia started massing troops on Ukraine's border, after rising to a record of 18 times that level in August. Those prices are hitting utility bills and leading companies to pass on costs to customers by charging more for goods and food.

    "Growth was still very weak," said Rory Fennessy, European economist at Oxford Economics. He added that "the positive reading could mask underlying weakness in domestic demand" and that "private consumption is likely to have contracted."

    Growth also faced headwinds from reduced activity in China, a major trade partner, due to the severe COVID-19 restrictions that have since been lifted. A possible economic rebound there is a key question for Europe and the global economy this year, given China's previous role as a motor of global growth.

    While underwhelming, Europe's growth figure at least raises the chance it will scrape by without a technical recession even if economic expansion is negative in the first three months of this year. Two straight quarters of falling output is one definition of recession, although the economists on the eurozone business cycle dating committee use a broader range of data such as unemployment and the depth of the downturn.

    The news comes as the International Monetary Fund raised its forecast for global economic growth this year to 2.9% from 2.7% -- not great but an improvement based partly on hopes for China. A stronger global economy is important for Europe given its extensive trade links.

    However, Germany's economy, Europe's largest, unexpectedly shrank by 0.2% in the fourth quarter, according to figures released Monday. Fears of lagging economic growth so far have not deterred the European Central Bank from its series of interest rate increases, which are sharply raising the cost of borrowing for businesses and consumers in an attempt to cool off inflation.

    Consumer prices jumped 9.2% in December from a year earlier, far above the central bank's goal of 2%. Rate increases are the chief antidote to excessive inflation but can slow the economy by making it more expensive to buy a house or a car on credit or borrow to expand a business.

    The central bank's governing council is expected to add another half-percentage point rate hike at its meeting Thursday.

    Rate increases by other central banks around the world, including the U.S. Federal Reserve and the Bank of England, also have added strain to the global economy. ECB officials say that raising rates now and capping inflation before it gets baked into the economy avoids the need for more drastic action later.

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    Top Hezbollah commander among 12 killed in Israeli strike on Beirut

    Israel killed a top Hezbollah commander and several members of the group's elite Radwan unit in an airstrike on Beirut's southern suburbs on Friday, the Israeli military and a security source in Lebanon said, sharply escalating the year-long conflict between Israel and the Iran-backed group.

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    • Emergency crews in northern Ontario found the bodies of four people inside a home where a fire broke out Thursday night.

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    Sports

    • Agreement in principle has been reached to build a new NHL arena at LeBreton Flats has been reached between the Ottawa Senators and the National Capital Commission (NCC), the two sides announced Friday.

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    Autos

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    • Video of a brazen daylight auto theft which shows a suspect running over a victim in a stolen luxury SUV has been released by police west of Toronto.

    Local Spotlight

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    The search for a missing ancient 28-year-old chocolate donkey ended with a tragic discovery Wednesday.

    The Royal Canadian Mounted Police is celebrating an important milestone in the organization's history: 50 years since the first women joined the force.

    It's been a whirlwind of joyful events for a northern Ontario couple who just welcomed a baby into their family and won the $70 million Lotto Max jackpot last month.

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    Edmontonians can count themselves lucky to ever see one tiger salamander, let alone the thousands one local woman says recently descended on her childhood home.

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    • For the last seven-and-half months, Toronto resident Heather McArthur has been living out what she describes as her 'worst nightmare.' On Feb. 7, her then three-year-old son Jacob along with his father Loc Phu 'Jay' Le departed for what was supposed to be a week-long visit to Vietnam to celebrate the Lunar New Year with family, McArthur says.

    • A field trip aimed at educating Toronto students about the plight of a northern Ontario First Nation ended with them taking part in a protest where pro-Palestinian slogans were shouted.

    • Defence counsel for accused murderer John-Christopher Arrizza argues he was in an “altered state of mind†due to days of drug and alcohol use, sleep deprivation and not eating, when he fatally stabbed a man at a Banff nightclub in 2022.

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    • The Montreal couple from Mexico and their three children facing deportation have received a temporary residence permit.

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    • Mounties say there was an increased police presence in the Emerald Hills area of Sherwood Park on Friday morning as officers searched for a man who is wanted by police.

    • Edmonton police say a man who was died in the river valley last weekend was fatally shot.

    • DEVELOPING

      DEVELOPING

      Edmonton police are warning about traffic disruptions on Friday near the headquarters of the Alberta Teachers' Association, where a protest against the inclusion of sexual orientation and gender identity in school curricula will be taking place.

    • A Nova Scotia woman has applied for a medically assisted death, saying after years of battling to receive out-of-country surgery for an illness that causes 'indescribable' pain, she struggles to maintain the will to live.

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    • Emergency crews in northern Ontario found the bodies of four people inside a home where a fire broke out Thursday night.

    • Two people emerged unhurt after a float plane had a hard landing late Friday morning on Lake Temiskaming.

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    • Two men from Barrie have been charged after a deadly shooting at a park in Keswick on Wednesday.

    • Police are investigating after they say several firearms and other valuables were stolen from a home in Tiny Township.

    • A truck driver from Orillia is proof that saying yes to Encore can pay off in a big way.

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    • Windsor fire is on scene at an incident on McDougall Street.

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    • Animal protection officers in British Columbia have rescued three pit bulls – including one that gave birth to 10 puppies – from a rat-infested home in Kelowna.

    • A Vulcan, Alta., man has been charged with a Lethbridge woman's murder after her body was found in the Oyen area.

    • A Lethbridge couple got a good reminder as to why you should keep your vehicle doors locked at all times.

    • Lethbridge residents who live near the police range can expect to hear plenty of shots fired Wednesday and Thursday.

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    N.L.

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