Four nations - the UK, Canada, Australia and Portugal have formally recognised Palestine to protect the viability of a two-state solution and create a path towards lasting peace for the Israeli and Palestinian people.
In apparently coordinated announcement Sunday, Canadian Prime Minister Mark Carney said on X his government "recognises the State of Palestine and offers our partnership in building the promise of a peaceful future for both the state of Palestine and the State of Israel."
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Political News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.