Carla Bruni Sarkozy, she was a big time model before she became France's first lady, French President Nicolas Sarkozy's main squeeze.

NPR: Auctioning a Nude Pic of France's First Lady

This credit squeeze will feed through to slower growth in three main areas, according to Charles Bean, the Bank of England's chief economist.

ECONOMIST: Economic troubles: When the credit dries up | The

Because this time Argentina would see not only a monetary squeeze, but a currency undercut by that of its main (and Mercosur) trade partner.

ECONOMIST: The battle royal for Brazil��s real

The German export association BGA has warned of a "massive credit squeeze" by late summer while Business Europe, the region's main business lobby, told the European Central Bank that bank lending desperately needs to be improved.

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