Saturday, December 18th 2010 - 03:05 UTC

Bolivia recognizes Palestine as an independent state with pre-1967 borders

President Evo Morales made the announcement at the Mercosur summit

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.

Saturday, December 18th 2010 - 00:37 UTC

Recommendation for an online privacy bill of rights to protect web users

The proposal was presented by the US Department of Commerce

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.

Saturday, December 18th 2010 - 00:22 UTC

Chilean Senators warn about ‘social impact’ of cheap US dollar for farm areas

The Central bank and Piñera “haven’t done a thing”

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.

Saturday, December 18th 2010 - 00:11 UTC

Mujica calls on other Latinamerican countries to join Mercosur

The Uruguayan president (R) and Pte Lula da Silva

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.

Friday, December 17th 2010 - 23:58 UTC

Venezuela crucial to consolidate “energy front” says Cristina Kirchner

The Argentine president addressing the summit

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.

Friday, December 17th 2010 - 23:12 UTC

Paraguayan president confirms Mercosur/EU trade agreement is top of the agenda

Fernando Lugo now holds the Mercosur pro-termpore chair

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.

Friday, December 17th 2010 - 23:04 UTC

IMF anticipates ‘soft-landing’ of Uruguay’s economy in next two years

The economy expanded at an impressive 8.8% in the firs nine months

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.”

Friday, December 17th 2010 - 22:38 UTC

WikiLeaks claims worst attacks are from in Dubai, US, UK and Switzerland

Julian Assange free on bail at Ellingham Hall

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.

Friday, December 17th 2010 - 22:28 UTC

Uruguay, only “full democracy”• in South America; ranks 21 world-wide

The imposing building of the Uruguayan Legislative branch

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.

Friday, December 17th 2010 - 07:17 UTC

Mercosur after closer trade relations with Cuba, Palestine, Syria and NZ

Brazilian Foreign Secretary Celso Amorim

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.


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