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Abbas gives victory speech in Ramallah: We have a state now

Palestinian Authority President Mahmoud Abbbas on Sunday delivered a victory speech to thousands of Palestinians who welcomed him back to Ramallah following his triumphant statehood bid at the United Nations General Assembly Thursday.

The UNGA voted to upgrade the Palestinians to non-member observer status.

"We went to New York taking to the world a dream..." he said. "We have a state now" he stated, but warned that the people still faced many obstacles.

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