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Toyota headed for first year in the red

Toyota headed for first year in the redTokyo  - Japan's largest car company Toyota is expected to run into the red for the year for its first annual operating loss ever, according to the Japanese financial newspaper Nikkei Friday.

In addition to the worldwide financial crisis, the rapid rise of the value of the Japanese currency, the yen, were named as the main reasons, according to the story which did not cite sources.

Toyota in early November drastically reduced its expectations for its current business year, which ends March 31.

UN Secretary General Ban commends Rwanda genocide convictions

UN Secretary General Ban Ki-MoonNew York  - UN Secretary General Ban Ki-Moon Thursday commended an international tribunal for its conviction and sentencing of a key player in the 1994 Rwandan genocide, former army colonel Theoneste Bagosora.

Bagosora and two other senior army officers were sentenced earlier Thursday to life in prison for their role in the massacre of more than 800,000 ethnic Tutsis and moderate Hutus within the span of several months in 1994.

Saudi Arabia among Clinton foundation donors

Saudi Arabia among Clinton foundation donorsWashington  - The William J Clinton Foundation released thousands of pages Thursday documenting governments, individuals and businesses who contributed to the former president's charitable causes around the world.

Bill Clinton agreed to publicize the information after President- elect Barack Obama nominated his wife, Senator Hillary Clinton, as secretary of state. In her position, Clinton will be in charge of foreign policy toward the countries which have given money to the foundation.

Push begins at UN for universal human rights of homosexuals

Push begins at UN for universal human rights of homosexuals New York  - A move was launched Thursday at the United Nations to expand universal recognition of human rights to homosexuals, with 63 countries having already signed a declaration to push for the change.

At a meeting that was not part of official UN proceedings, France, Argentina, Brazil, Croatia, Gabon, the Netherlands and Norway announced the drive to collect more signatures - a move that could eventually bring the declaration into the General Assembly for a vote.

US stocks fall sharply as oil prices continue decline

US stocks fall sharply as oil prices continue decline New York  - US stocks plunged on Thursday as oil prices dropped to new lows and the White House continued to stall on a possible bail-out for the US car industry.

General Motors Corp dropped 16 per cent and Ford Motor Co fell 10 per cent after spokeswoman Dana Perino said the White House was considering a structured bankruptcy for the struggling industry.

Clinton foundation names donors, including Saudi Arabia

Clinton foundation names donors, including Saudi ArabiaWashington - The William J Clinton Foundation released thousands of pages Thursday documenting governments, individuals and businesses who contributed to the former president's charitable causes around the world.

Bill Clinton agreed to publicize the information after President- elect Barack Obama nominated his wife, Senator Hillary Clinton, as secretary of state. In her position, Clinton will be in charge of foreign policy toward the countries who gave money to the foundation.

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