(AP Photo/Lucas Nunez)Paraguay's President Fernando Lugo, wearing sandals, and his eldest sister and first lady Mercedes Lugo, right, attend a mass in Asuncion, Friday, Aug. 15, 2008. Leftist ex-bisho…

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Brazil, the United States, Japan and Germany progressed to the semifinals of the Olympic women's soccer tournament after winning their quarterfinals on Friday. The Brazilians became the first team int…

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The United States, Brazil and China each earned two places in the quarterfinals of women's beach volleyball tournament at the Beijing Olympic Games on Friday. China's two women's beach volleyball duos…

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Three people were killed and at least four others injured overnight in a shootout between the police and drug dealers in Rio's Vigario Geral shantytown, local police said on Friday. According to the p…

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Al Jazeera's Lucia Newman in Asuncion said Lugo's election win had been seen as a chance to create a new political and economic culture after decades of rule by the Colorado party.

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Leftist ex-bishop Fernando Lugo shoved aside Paraguay's infamous 61-year history of one-party rule as he took office yesterday with promises to end corruption and hunger in the poor South American nat…

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Lugo spoke in Spanish and the indigenous Guarani language, pledging to end the extreme poverty, institutional political corruption and trade in black market goods that defined Paraguay under the Color…

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'The current trend toward lower oil prices is temporary,' said Jose Sergio Gabrielli, president of state-controlled Petroleo Brasileiro SA, or Petrobras. 'Prices will rebound.' Gabrielli made the comm…

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(AP Photo/Lucas Nunez)Paraguay's President Fernando Lugo, wearing sandals, and his eldest sister and first lady Mercedes Lugo, right, attend a mass in Asuncion, Friday, Aug. 15, 2008. Leftist ex-bisho…

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SAO PAULO -(Dow Jones)- World crude oil prices are likely to rebound, and with them the value of shares in Brazilian oil giant Petrobras (PBR), the company's president said Friday. 'The current trend …

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RIO DE JANEIRO (Reuters) - The drop in share price of Petrobras, Brazil's state-run oil company, reflects the softening world oil prices rather than investor concerns of talk of a new rival state oil …

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LOS ANGELES (MarketWatch) — Mexican stocks finished higher Friday after the central bank indicated that it may be near the end of its interest rate-tightening cycle, while a slide in energy prices se…

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Asuncion, Paraguay - Former Roman Catholic bishop Fernando Lugo was sworn in Friday as Paraguay's president, in a historic transfer of power after 61 years of uninterrupted rule by the conservative Co…

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Research results from University of Sao Paulo update understanding of bone research (NewsRx.com) — Researchers detail in 'Bone repair in rat mandible by rhBMP-2 associated with two carriers,' new dat…

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Latin America embodied by Venezuela's Chavez — who frequently tries to use his oil wealth to woo poorer countries in the region into his orbit — and Bolivia's Morales, and the more centrist …

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Fernando Lugo says his impoverished nation "could go up in flames" within months.The former Catholic bishop has made history by ending 61 years of authoritarian one-party rule, but his first task is t…

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Brazil Stocks Drop on Commodity Slump, CSN Profit; Bolsa GainsBloomberg - 11 hours agoPetroleo Brasileiro SA, Brazil's state-controlled oil company, dropped as crude fell more than a barrel. Cia. Vale do Rio Doce slid for a third time this …GOL Implements New Ticket Sales System MarketWatchTAM Begins Regular Flights between Sao Paulo and Bariloche PR [...]

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Posted on: Friday, 15 August 2008, 12:00 CDT Yahoo! Brazil is introducing a new and improved version of their homepage, www.yahoo.com.br; and with it, a brand campaign that will look to establish Yah…

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ALYI ) CEO Henryk Dabrowski was recently interviewed by Business News Americas on the Company's plans to implement its wireless e-ticket solutions in Central America, the Caribbean, and the Andean …

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SAO PAULO, Aug 15 (Reuters) - Brazilian aircraft manufacturer Embraer said on Friday it signed a deal with the Chilean Air Force for 12 Super Tucano military planes. Embraer (nyse: ERJ - news - people…

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The "Indomitable Lions Cubs" are roaring in the Olympics soccer tournament again, but this time the Brazilians aim to harness them in the quarterfinals, a revenge for their loss to the Afric…

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Brazil cruised to the semifinals in the Olympic women's soccer tournament after beating Norway 2-1 here on Friday. Midfielder Daniela put Brazil ahead in the 44th minute with a powerful shot from outs…

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ASUNCION — Leftist ex-bishop Fernando Lugo became Paraguay's President on Friday, ending six decades of one-party rule in a key step in the poor South American nation's democratic transformation….

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Marta of Brazil(L) is challenged by a Norwegian defender during their quarter-final women´s football match in Tianjin during the 2008 Beijing Olympics. Brazil won 2-1 to set up a World Cup final rema…

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Paraguay's president Fernando Lugo greets the crowd after his swearing-in ceremony in Asuncion. Photograph: Ivan Alvarado/Reuters Leftist ex-bishop Fernando Lugo became Paraguay's president today, e…

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Bossa Nova, Brazil's unique mix of jazz and samba, celebrates 50 years this month with shows by one of the genre's pioneers, Joao Gilberto, who brought "The Girl from Ipanema" to the world.The three c…

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Talita Antunes and Renata Ribeiro of Brazil earned a berth in top eight of beach volleyball tournament at the Beijing Olympics on Friday. They came from behind to beat Susanne Glesnes/Kathrine Maaseid…

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(RISI) - With the end of the year coming closer, containerboard producers' output and corrugated packaging demand are rising, resulting in a higher consumption of recovered corrugated paper grades in …

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- 1:51 p.m. BRASILIA, Brazil (AP) - Brazilian aircraft maker Embraer says the Chilean air force has inked an agreement to buy 12 Super Tucano light-attack aircraft for pilot training. Empresa Brasilei…

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(RISI) - Following several price hike announcements for kraftliner in Brazil, a PPI Latin America survey shows that some of the increases have already been implemented. According to sources, several s…

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As you step onto the black and white curved terrazzo flooring you are immediately transported to the sidewalks of Brazil's Copacabana Beach, accompanied by intoxicating sounds of samba. The bar, furni…

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The chief executive of Petrobras Energa, Dcio Oddone, and Santa Cruz Province Governor, Daniel Peralta, met yesterday for the first time in the governor's office to discuss the project that the Brazil…

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Bloomberg reports: Soros Fund Management LLC, led by billionaire investor George Soros, bought an 1 million stake in Petroleo Brasileiro SA in the second quarter, making the Brazilian state-control…

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ASUNCION, Paraguay—Leftist ex-bishop Fernando Lugo was inaugurated Friday as Paraguay's president, ending six decades of one-party rule in a key step in the poor South American nation's democrat…

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Fernando Armindo Lugo Mendez, a former Catholic bishop who won Paraguay's presidential election on April 20, assumed office Friday. Lugo was born on May 30, 1949 in San Pedro del Parana in Itapua prov…

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Paraguay set to end 61 years of one-party rule Leftist ex-bishop Fernando Lugo will be inaugurated as president Lugo pledges to end corruption in nation under Colorado Party

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Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks …

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Brazil will play against Norway in the quarterfinals of the Olympic women's soccer tournament in Tianjin on Friday: Location: Tianjin Time: Friday August 15, 1800 local time Olympic Capacity: 60,000 S…

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If you have a business story, call our business editor Leigh Robinson on 01793 501855 or email lrobinson@newswilts.co.uk UK Trade & Investment South West is running free workshops for South West b…

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Leftist ex-bishop Fernando Lugo has been inaugurated as Paraguay's president. THE ASSOCIATED PRESS/Jorge Saenz ASUNCION, Paraguay - Leftist ex-bishop Fernando Lugo was inaugurated Friday as Paraguay'…

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World runner-up Russia on Friday earned their fourth consecutive victory after another comeback win over Brazil, 74-54, in the preliminary round of women's basketball competitions at Beijing Olympic G…

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The Brazilian Development Bank reported on Thursday a net income of 4.1 billion reais (2.5 billion U.S. dollars) in the first half of 2008, down 6.8 percent over the same period last year. However, th…

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Ultrapar Participacoes, a Brazilian fuels and petrochemicals group, has agreed to buy U.S. Chevron Texaco's fuel distribution assets in Brazil for 1.16 billion reais (716 million U.S. dollars), Ultrap…

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Brazil's retail sales registered a record growth of 10.6 percent in the first half of 2008, according to a study released on Thursday by the Brazilian Institute of Geography and Statistics (BIGS). The…

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Bolivian President Evo Morales on Thursday voiced his willingness to introduce full autonomy throughout Bolivia, but on a constitutional basis. At a meeting in the presidential Quemado Palace earlier …

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Cameroon is promising to create problems for Brazil when the teams meet in the Olympic football quarterfinals on Saturday."We are not afraid of anybody, not even Brazil," coach Martin Ndtoungou said. …

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Gama Filho has been welcoming Cape Verdean students at least since the 1990s, and has trained engineers, psychologists, journalists and other professionals who now work in Cape Verde or are carrying o…

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WHAT'S AT STAKE: The inauguration of leftist former bishop Fernando Lugo is a key step in Paraguay's transition to democracy, the first time in 61 years that the president has not represented the righ…

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, banking stocks finished mixed ahead of Friday's interest-rate decision from the Bank of Mexico. Market strategists largely expect Banxico to raise its key rate from 8% as the country works to fend…

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The odds are against Paraguay's president-elect even before he takes office on Friday. Fernando Lugo says his impoverished nation "could go up in flames" within months.The former Catholic bishop has m…

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