
The European Union Trade Commissioner Karel De Gucht will travel next week to Paraguay and Uruguay to reinforce bilateral relations and to advance on the ongoing EU/Mercosur negotiations to reach an overall trade and cooperation agreement.

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?

Brazil is to provide free medicines for everyone suffering from high blood pressure or diabetes. The drugs will be distributed as of next month through a nationwide network of budget pharmacies, where many medicines are already heavily subsidised.

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.

Competition with top trading partner China is costing Brazilian industry valuable market share, the National Confederation of Industry (CNI) in South America's largest economy said on Thursday.

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.

Venezuelan President Hugo Chavez celebrated Wednesday his twelfth anniversary in power saying he is ready to battle for six more years in elections next year. Chavez said in a televised speech that the battle has begun for his 2012 re-election.

Gunfire has rung out in the early hours of Thursday around Cairo's Tahrir Square, where Egyptian anti-government protesters are camping out. At least two people are reported dead. On Wednesday three died in clashes with supporters of President Hosni Mubarak.

BBVA, Spain's second-biggest bank, reported on Wednesday a full year 9.4% net profit increase in 2010 as solid results from Latin America offset continued weakness in its domestic market.