The number of Britons claiming jobless benefit rose by less than expected in March, although the total in unemployment number surged higher, while government borrowing hit a record high, data showed on Wednesday. Official data from the Office for National Statistics showed the claimant count rate rose by 73,700 in March, well below forecasts for
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Dow Jones futures were down 0.5 percent at 0920 GMT, S&P 500 futures off 0.7 percent and Nasdaq futures off 0.5 percent, suggesting a softer start for U.S. stocks on Wednesday. * S&P 500 (.SPX) companies scheduled to report quarterly earnings include Morgan Stanley (MS.N), Apple (AAPL.O), Boeing (BA.N), McDonald's (MCD.N), eBay (EBAY.O), Qualcomm (QCOM.O),
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The pregnancy was unexpected, and for one 32-year-old single mother in Syracuse, New York, the ailing economy became a factor in her decision to have an abortion. "More so now that we are in a recession … I felt I had to go through with the procedure because I cannot afford another child," said the
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By Jason Szep After one of the worst slumps in memory, the housing market in the Northeast United States is stirring to life with more buyers on the prowl and bigger crowds at home showings. But few are in a rush to buy and many of those willing to spend kawatches.com find it hard to
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By Alison Bevege The white sandy beaches, wildlife and tropical climate of East Africa are losing their attraction for long-distance visitors facing recession and unemployment as a result of the global financial crisis. To Europeans and North Americans, it is a remote and expensive destination, and one of the first to be dropped from holiday
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Asian stocks edged up on Wednesday supported by the top U.S. Treasury official saying most banks have adequate capital, but caution was likely to reign until official results of "stress tests" were released on May 4. Treasury Secretary Timothy Geithner said most U.S. banks have enough in reserve to keep lending, but the yen and
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Africans and Roma face acute discrimination in the European Union but little of it gets reported to the authorities because victims don't believe any action will be taken, an EU report said on Wednesday. It said about 55 percent of minority residents and migrants felt ethnically-inspired bias was widespread, but of the 12 percent who
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Turkish Cypriot hardliners who swept to victory in parliamentary elections this week must support the peace process with Greek Cypriots, Turkish Prime Minister Tayyip Erdogan said. Turkish Cypriot leader Mehmet Ali Talat, whose allies were routed in the vote, said the peace talks would not be affected. Their fate holds the key to Turkey's aspirations
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A European Union laboratory will prepare a new control protocol on scrapie to confirm the genetic resistance of goats in Cyprus to the disease, according to Commission sources. A decision to this effect was taken at a meeting in Brussels which has asked the Community Reference Laboratory to prepare the protocol, aiming at gathering more
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Greek Prime Minister Costas Karamanlis arrives for a two-day official visit Wednesday, timed to coincide with the outcome of the Turkish Cypriot assembly election on Sunday. Karamanlis, accompanied by his wife Natassa and Foreign Minister Dora Bakoyianni, as well as other officials, will arrive at 1pm and will be welcomed at Larnaca airport by President
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