The economic turmoil provoked by crises in the United States subprime and finance markets has put an end to the free market economy, French President Nicolas Sarkozy said on Thursday.
Presidents and representatives from the Union of South American Nations, Unasur agreed on the creation of a committee to investigate recent peasant massacres in the Bolivian province of Pando.
Ireland, better known as the Celtic tiger became the first Euro zone economy to slide into a recession as homebuilding and consumer spending continued to slump. GDP contracted 0.5% in the second quarter from the previous quarter which had also shrank 0.3%, according to the Central Statistics Office said Thursday in Dublin.
The number of mobile cellular subscribers worldwide will reach the 4 billion mark by the end of 2008, the head of the United Nations International Telecommunications Union (ITU) announced Thursday.