President Evo Morales announced on Friday that Bolivia would recognize Palestine as an independent sovereign state. The Bolivian leader made the statement during the Mercosur summit in Brazil.
The United States government should create an online privacy bill of rights and an enforceable code of conduct for Internet firms handling consumer data and tracking Web users, the U.S. Department of Commerce has recommended.
Senators representing agricultural parts of Chile strongly criticized the Central Bank and President Sebastian Piñera this week for turning a deaf ear to the “social, cultural and economic problems” created by the falling value of the US dollar, now hovering at 470 pesos to the dollar.
Uruguayan president Jose Mujica called on the Mercosur summit for a quick incorporation of Venezuela as full member of the group and said it was time the rest of Latin America moved closer to the integration process.
Argentine president Cristina Fernandez de Kirchner underlined the significance of Venezuela as a full member of Mercosur which should enable the group to consolidate an energy front.
Conditions are ready to reach in the short term a trade agreement with the European Union, said Paraguayan president Fernando Lugo whose country, and for the next six months, holds the pro tempore chair of the South American block.
The International Monetary Fund said economic growth in Uruguay will probably slow over the next two years, requiring policy makers to prepare for a “soft landing.”
WikiLeaks founder Julian Assange said his organisation had come under attack not so much from governments but from banks as he vowed to release damaging leaks about them.
Uruguay is South America’s leading democracy and ranks 21 internationally according to The Economist Intelligence Unit, which makes an annual evaluation of democratic conditions.
Member nations of Mercosur will seek to boost economic and political ties with Cuba in a bid to make the island an associate member of the trade bloc.