
The European Parliament passed a highly critical report on trade negotiations between the EU and the Mercosur bloc for considering that they may imply “farming concessions damaging to European producers.”

Ms. Nemat Shafik, a national of Egypt and the UK has been nominated to the position of Deputy Managing Director of the International Monetary Fund. She will succeed Mr. Murilo Portugal, who resigned effective March 4, 2011.

President Barack Obama will nominate Commerce Secretary Gary Locke, who this year criticized China for not opening its markets, as next US ambassador to Beijing, two administration officials said.

Chile’s President Sebastian Piñera visited both sides of the hotly contested Israeli- Palestine border this weekend. He reasserted his support for an independent Palestinian state, but fell short of formally recognizing the pre-1967 borders.

The number of people who see Brazil as having a positive influence in the world is rising rapidly, according to a BBC World Service poll of 27 countries. The country is regarded positively by 49%, compared with 40% last year - the largest jump by any of the 16 nations respondents are asked to comment on.

China, normally contrary to releasing unemployment figures, has admitted to having a “labour surplus” of 32 million workers, according to Human Resources and Social Security minister Yin Weimin.

More than one million people fleeing Libya and inside the country need humanitarian aid, the United Nations said on Monday. The figures were issued by the world body's aid coordinator Valerie Amos as a refugee crisis built up around the borders of the North African country where a rebellion broke out last month against the 42-year rule of Muammar Gaddafi.

Irish farmers occupied Monday afternoon the offices of the European Commission in Dublin, over fears of a multibillion-Euro threat to the livestock industry from Mercosur.

Unemployment across Chile grew 0.2% in the last quarter (Oct-Dec) to stand at 7.3% nationally. That equates to 22,000 extra people who are without an income from the end of last year.

China must ensure social stability by reducing inflation and corruption, Premier Wen Jiabao has told the parliament's annual session. Mr Wen has been addressing about 3,000 delegates to open the National People's Congress in the Great Hall of the People in Beijing.