Guess who is back? Argentina's First Escort and with a resounding This crisis does not affect us. Former president Nestor Kirchner has returned to open politics and in a rally to prop President Cristina Fernandez de Kirchner made the daring remarks.
The economy of the euro zone contracted 0.2% in the second quarter after growing 0.7% the previous quarter, according to the latest EU data, which confirmed earlier estimates.
Stocks fell sharply on Wednesday as co-ordinated global interest rate cuts by major central banks failed to dispel the gloom engulfing world markets. On Wall Street, the Dow Jones ended 189.01 points lower, or 2%, at 9,258.1 despite having risen in earlier trade.
The world's fishing fleets are losing billions of dollars each year through depleted stocks and poor management, according to a UN report. The World Bank and the UN Food and Agriculture Organization (FAO) calculate the losses at 50 billion US dollars per year.
Latin American economies are facing an awkward combination of slowing activity, more difficult external conditions, and still-high inflation. After four years of strong output growth, the pace eased in most economies of the region during the first half of 2008, largely because of moderating exports, according to the IMF World Economic Outlook.
Gillian Merron has been named United Kingdom Parliamentary Under Secretary of State for the Foreign and Commonwealth Office, effective October 5. She joins the five-member ministerial team at the Foreign and Commonwealth Office, led by Foreign Secretary David Miliband.
Latin American stocks and currencies fell during another day of volatile trading on Wednesday on fears of a global slowdown. Several central banks had to intervene to cool the demand for US dollars.