Uruguay backs EU-Mercosur deal; nation of 3.5M in South America, hotspot for dairy, beef, and stable democracy.
The EU has triggered the start of the EU-Mercosur free trade agreement, after Paraguay ratified it. The deal, which links over 700 million people and 25% of global GDP, faces legal challenges in the EU but is expected to begin trade in May. The agreement aims to reduce EU dependence on China and the US.
European Commission President Ursula von der Leyen announced the signing of an eight-year trade agreement with Australia, aimed at diversifying supply chains, reducing dependence on China, and boosting exports. The deal includes tariff reductions, critical mineral cooperation, and enhanced defense ties, with some contentious issues still unresolved.
Since the Iran war began in February 2026, disruptions in the Strait of Hormuz have driven global fossil fuel prices higher and exposed vulnerabilities in energy supply. Europe is accelerating plans to reduce fossil fuel dependence, while China has solidified its dominance in renewable energy manufacturing, exporting record volumes of solar panels, batteries, and electric vehicles. This shift is reshaping global energy geopolitics.
The EU has provisionally applied the EU-Mercosur trade pact amid domestic opposition, with tariffs set to fall on most bilateral trade. Final ratification remains pending the EU judiciary's ruling; the bloc cites potential GDP gains while critics warn of farming disruption and environmental risks. Leaders are coordinating Friday to mark the milestone as negotiators push for full implementation.
Pope Leo XIV has confirmed a Europe-focused itinerary this year, including a visit to UNESCO in Paris and planned stops in Spain and Lourdes. The Vatican says the trip is part of efforts to engage European Catholic communities amid rising secularism.
Spain has named its 26-man squad for the 2026 World Cup, with Lamine Yamal as a star presence. For the first time since 1950, no Real Madrid player features as Dean Huijsen is injured and Dani Carvajal is left out. Mikel Merino has returned from injury, and Yamal faces a potential hamstring issue ahead of the tournament.
Across host North America, fans report record prices for tickets, travel and accommodation for the 2026 World Cup. Dynamic pricing and an expanded 48-team format are driving costs higher, leading some fans to watch from home or abroad while others pay premium for knockout-stage seats.
Spain's World Cup squad has been announced; Lamine Yamal and Nico Williams are listed but hamstring injuries have raised fitness concerns. De la Fuente has emphasised continuation programmes with clubs and potential limited minutes if needed. Spain aims to defend European title and perform strongly in Canada, Mexico and the United States.