Argentina's Supreme Court could play a decisive role in the several months stand off between the administration of President Cristina Fernandez de Kirchner and farmers over the implementation of levies on grains and oil seeds exports.
Brazil has promised farmers 78 billion Reais, approximately 48 billion US dollars, in soft loans to promote agriculture production and help curb inflation announced on Wednesday the country's development bank, BNDES.
The Dow Jones Industrial Average closed more than 20% below its October 2007 peak on Wednesday, meaning it is officially a bear market. The blue-chip index fell 166.8 points or 1.46% to 11,215.5, which is 21.0% below its 14,198.1 close on 11 October.
In a bid to boost his foreign policy credentials United States Republican presidential candidate John McCain began in Colombia a three-day visit to Latin America, highlighting his support for free trade and progress against narcotics and terrorism
Former presidential candidate Ingrid Betancourt said she was grateful to the Colombian Army and President Alvaro Uribe for her liberation on Wednesday together with other fourteen hostages from the FARC rebel group.
The EU farm chief called for the comeback of the curvy cucumber and other odd-shaped produce sold in shops as part of proposals to ease market restrictions on fruit and vegetables amid rising food prices.
Annual inflation in the Euro zone hit a record 4% in June, the EU statistics agency Eurostat said Monday, adding pressure on the European Central Bank to raise borrowing costs even as the economy slows.
Argentine Economy minister Carlos Fernandez denied on Monday a slowdown of activity and insisted that the economy of Argentina is doing fine, adding that prospects are good.
Monday June 30 marks the day Microsoft has stopped selling its Windows XP operating system to retailers and major computer makers, clearing the way for the system and successor, Vista.
French President Nicolas Sarkozy said on Monday something isn't right with the European Union, as France took over the rotating presidency of the bloc. Speaking on national French TV, Mr Sarkozy warned that Europe's citizens were losing faith in the project.