President Jose Mujica confirmed that Uruguay recognizes the Palestinian State and announced the establishment of a representation to begin bilateral relations. The announcement was done during the sixteenth congress of Ferab, Federation of Arab entities in Latinamerica which took place in Montevideo last week.
Ireland is in talks with European officials about current “market conditions” as Germany pushes it to accept a bailout and help reverse a bond sell-off across the euro-region’s periphery.
Leaders of the 21-member Asia-Pacific Co-operation (Apec) forum have pledged to move towards creating a regional free-trade area. The agreement was announced at the end of a two-day summit in Yokohama, Japan.
French President Nicolas Sarkozy reappointed Francois Fillon as prime minister on Sunday, but named new defense and foreign ministers in a cabinet reshuffle ahead of the 2012 presidential election.
Argentine businessmen from different sectors showed their concern about the upward trend of the inflation and assured that the real volume doubles the one reported by the Indec national statistics bureau.