Friday's global agenda: New chance for Syria?

The deal at the end of the first day of a European Union summit sparked a huge rally in Spanish and Italian bonds, reports The Wall Street Journal.

Trouble in Africa: Meanwhile, on Capitol Hill, the House Foreign Affairs subcommittee on Africa holds a hearing on the Tuareg revolt in Mali and its implications for national security. Assistant Secretary of State Johnnie Carson and U.S. Agency for International Development Assistant Administrator Earl Gast are slated to testify.

In other news

The U.S.-Egypt relationship is in flux as the Muslim Brotherhood seeks the Obama administration's support while the former U.S. allies in the military feel betrayed. [The Wall Street Journal]

Enrique Pena Nieto of the Institutional Revolutionary Party is expected to sail to victory as Mexico's next president this weekend. [Associated Press]

South Korea postponed its first post-World War II military cooperation pact with Japan. [The New York Times]

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