Aracruz, one of Brazil’s biggest paper and pulp producers, yesterday announced a net loss of R.19bn (.8bn) in 2008 after bets on currency futures went badly wrong…

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Aracruz, one of Brazil’s biggest paper and pulp producers, announced a net loss of R.19bn (.8bn) in 2008 after bets on currency futures went badly wrong

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Britain and other wealthy nations have been roundly condemned by Brazil in a foretaste of what are expected to be heated discussions at a gathering of world leaders in London next week in the backdrop of the global financial crisis.

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WASHINGTON — The governmnet says more states logged double-digit unemployment rates in February, with North Carolina and Rhode Island seeing their rates hit record highs. The U.S. Labor Dep…

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This march 2, 2009 file photo shows South Africa's ambassador to the International Atomic Energy Agency (IAEA), Abdul Samad Minty, left, talks with Japan's ambassador to the International Atomic Energ…

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A man reads a copy of a spoof edition of Britain's Financial Times newspaper, handed out in a street in London, alerting readers to the importance of taking action to stop climate change, Friday, Marc…

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7:28 a.m. March 27, 2009 A look at some of the bloodiest attacks in Pakistan since the slaying of former leader Benazir Bhutto in December 2007: – March 27, 2009: A suicide bomber demoli…

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NEW YORK — Cablevision Systems Corp. should stop saying its Internet service is "the fastest around," the advertising industry's self-regulatory body said Thursday, in response to complaints fro…

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ST. LOUIS — Charter Communications Inc. says it filed a prearranged Chapter 11 bankruptcy in the United States Bankruptcy Court for the Southern District of New York. The nation's fourth-la…

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BERLIN — President Barack Obama's administration will be guided by a mix of "science and pragmatism" as it helps craft a global deal on climate change, the top U.S. climate official said Friday….

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6:52 a.m. March 27, 2009 LONDON – Oil prices fell below a barrel Friday, a day after hitting a high for the year, on concerns about the sustainability of recent gains and lingering doubts…

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7:27 a.m. March 27, 2009 Friday, 27 March: – Early morning – Activists begin distributing alternative literature at London subway stations. Saturday, 28 March: – 11…

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A customer looks over large screen televisions at a Costco store Tuesday, March 24, 2009 in Shoreline, Wash., a suburb of Seattle. Consumers increased spending for a second straight month in February …

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WASHINGTON — The Federal Aviation Administration has reversed itself after promising to disclose records about how frequently commercial planes are damaged by hitting flying birds. The agen…

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DETROIT — Ex-Detroit Mayor Kwame Kilpatrick is looking for a break on his restitution bill, saying he has only left a month to meet the ,000, court-ordered obligation. Kilpatrick's law…

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7:09 a.m. March 27, 2009 KB Home slashed its quarterly loss by 78 percent, more than expected, and reported a 26 percent increase in new homes orders as cost-conscious buyers flocked to the builder…

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2:00 a.m. March 27, 2009 A former employee at the San Diego Hispanic Chamber of Commerce was sentenced yesterday to six months in jail and five years of probation for embezzling more than ,000. …

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LOS ANGELES — The widow of producer Aaron Spelling is placing "The Manor" in the exclusive Holmby Hills neighborhood on the market for a jaw-dropping 0 million, making it by far the most expe…

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Prime Minister Gordon Brown will continue his push towards a G20 deal when he arrives in Chile on the last leg of his whistlestop tour. Mr Brown is to meet President Michelle Bachelet, as he lays the…

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Tehran, March 27, IRNA – Foreign Minister Manouchehr Mottaki said in Brasilia on Thursday that the ongoing conditions invite Tehran and Brasilia to expand and promote the sort of cooperation which j…

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FRANKFURT, — Christopher Flowers, the chief of U.S. private equity firm J.C. Flowers & Co LLC, resigned Friday from the supervisory board of Hypo Real Estate Holding AG, seeking to avoid a confl…

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LONDON — European stock markets fell modestly Friday after a mixed performance in Asia as investors booked profits on recent gains ahead of the U.S. open, though reports that British bank Barcla…

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MILWAUKEE — Johnson Controls Inc. said Friday it will cut jobs and close 10 manufacturing plants as part of a restructuring effort that it said will cost between 0 million and 5 million. …

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NEW YORK — Stocks are retreating in early trading as investors cash in some of this month's big gains. After a 21 percent surge in the Dow Jones industrial average over just 13 days, a dip …

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Falling prices, sluggish sales and currency fluctuations, the global financial crisis has hurt real estate in the most expensive markets in the world.

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CANBERRA, Australia — Australia threw up an obstacle Friday to a state-owned Chinese metals company's bid to acquire miner Oz Minerals Ltd., saying the purchase cannot include a key gold and cop…

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President Barack Obama, left, talks to Vice President Joe Biden on stage at an event commemorating Greek Independence Day in the East Room of the White House in Washington, Wednesday, March 25, 2009. …

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WASHINGTON — Federal health regulators say its unclear whether Genentech's blockbuster cancer drug Avastin significantly shrinks the deadliest form of brain tumor. The Food and Drug Adminis…

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WASHINGTON — The Obama administration plans to raise fuel efficiency standards by 2 miles per gallon to 27.3 mpg for new cars and trucks in the 2011 model year, marking the first increase in pas…

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2:00 a.m. March 27, 2009 A glass of wine and small talk at a San Diego convention last year fermented into a collaboration that could bring millions of needed research dollars into the Salk Institu…

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Matchday 11 of the South American qualifiers is just hours away, with a host of delectable sub-plots adding emotion and intensity to what could be a pivotal weekend in the race for the 2010 FIFA World…

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Pakistani tribesmen search for survivors after a blast in a mosque in Jamrud, in the Khyber region, about 25 km (16 miles) from Afghan border, Pakistan, Friday, March 27, 2009. A suicide bomber blew h…

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OMAHA, Neb. – (Business Wire) Ballantyne of Omaha, Inc. (NYSE Amex: BTN), a provider of cinema equipment and services, and GDC Technology (USA) LLC today announced that Ballantyne has been granted rig…

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SCRANTON, Pa. — One of three teens suing a Pennsylvania prosecutor says she does not want to be bullied by the district attorney, who threatened to charge the girls over racy cell-phone pictures…

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Algerian President Abdelaziz Bouteflika, center, salutes crowd in the coastal town of Jijel, in the Kabylie region, east of Algiers on Wednesday, March 25, 2009 as he campaigns for re-election next mo…

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Brazil on Thursday. Parts of one of the turbines of the aircraft caused some damage to a car and a few houses, but no injuries were reported. The airplane was traveling to its destination of

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NEW YORK — Federal prosecutors say a U.S.-trained scientist suspected of being an Al Qaida operative is faking mental illness to avoid a trial. Aafia Siddiqui (ah-FEE'-uh see-DEE'-kee) was …

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2:00 a.m. March 27, 2009 San Diego Gas & Electric parent Sempra Energy said yesterday that it expects earnings and dividends to increase next year, in part because it will make more money from its …

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Tehran, March 27, IRNA – Brazilian Foreign Minister Celso Amorim on Thursday lauded Iran as an influential power and a key player in the Middle East.

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Tehran, March 27, IRNA – Foreign Minister Manouchehr Mottaki said in Brasilia on Thursday that the Iranian and Brazilian presidents are determined to expand bilateral relations.

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Dec.+ (AP) – TOKYO, March 27 (Kyodo)—The number of children attending schools for Brazilians in Japan decreased by around 40 percent in the two months to early February amid the economic downturn…

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Latin American equity markets surged Monday, rallying alongside Wall Street after the U.S. government unrolled blueprints for getting rid of as much as

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Brazil playmaker Kaka will miss Sunday’s World Cup qualifier in Ecuador because he has not fully recovered from an injury to his left foot, team doctor Jose Luis Runco said on Friday.

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WASHINGTON — President Barack Obama plans to announce a new aid package for General Motors and Chrysler in the coming days and says the carmakers must make "pretty drastic changes" to save their…

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WASHINGTON — President Barack Obama wants to hear from the chief executives of some of the country's biggest banks as he caps a week in which he clarified his overall plan for stabilizing the fi…

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Williams Formula One driver Kazuki Nakajima of Japan speeds into a turn during the first timed practice session for the Australian Formula One Grand Prix at the Albert Park racetrack in Melbourne, Aus…

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A former Tibetan Serf wearing traditional Tibetan costume attends a ceremony marking the newly created "Serf Liberation Day" in Beijing, China, Friday, March 27, 2009. China's communist government app…

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In this Feb. 21, 2009 file photo, Secretary of State Hillary Rodham Clinton, left, talks with Chinese Foreign Minister Yang Jiechi in Beijing (AP Photo/Greg Baker, Pool, File) – AP

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OLATHE, Kan. — Cash-strapped former "Eight is Enough" and "Charles in Charge" star Willie Aames is selling off his belongings in suburban Kansas City. Dozens showed up Thursday at a garage …

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Residents stand near a burst dam in Jakarta, Indonesia, Friday, March 27, 2009. The dam burst before dawn Friday, sending a flash flood into a crowded residential neighborhood, submerging hundreds of …

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