
United States and Egyptian officials are discussing a plan that would see embattled Egyptian President Hosni Mubarak step down immediately, according to a published report.

By 3pm last Friday afternoon, the protesters in central Cairo were chanting: Where is the army? Come and see what the police are doing to us. We want the army. And that is the main question, really. Where is the Egyptian army in all this?

Copper hit a record price of 10,000 USD per ton on Thursday on the back of growing worldwide economic optimism and concerns about the impact of an Australian cyclone on stretched global supplies.

UK’s Vodafone was ordered to send mobile-phone text messages by the Egyptian government, urging people to confront “traitors and criminals” as demonstrators demanded the ouster of President Hosni Mubarak.

The world is going into a period of food volatility and supply disruptions due in part to weather related problems and a backdrop of rising prices, the UN World Food Program's executive director said.

The collapse of the Spanish property prices helped pull annual profit down 8.5% at the Euro zone largest bank Santander. Solid results from Brazil and Britain, which each account for more profit than Spain at the diversified bank, failed to calm fears about exposure to a stagnant domestic economy, struggling to shake off the worst recession in half a century.

European Central Bank (ECB) has kept interest rates in the Euro zone unchanged at a record low 1%, despite fears of increasing inflation. Speaking at a press conference after the rate decision, the ECB president Jean-Claude Trichet claimed that inflation pressures remained contained.

The first reliable blood test for the fatal Variant Creutzfeldt-Jakob Disease (vCJD) – said to be 100,000 times more accurate than the current method – has been developed by British scientists.

Air traffic increased 8.2% in the passenger business and 20.6% in freight according to the full 2010 report from the International Air Transport Association, IATA. Middle-East, Asia-Pacific and Africa regions were above average in passenger transport and Latinamerica led in cargo expansion.

World food prices surged to a new historic peak in January, for the seventh consecutive month, according to the updated FAO Food Price Index, a commodity basket that regularly tracks monthly changes in global food prices.