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Obama ‘heartbroken’ by devastation in Japan

President Barack Obama said he was “heartbroken” by images of devastation in Japan following Friday’s deadly earthquake and tsunami, and pledged U.S. assistance to help the country recover. “Our hearts go out to our friends in Japan and across the region, and we’re going to stand with them as they recover and rebuild from this tragedy,” Obama said during a White House news conference. Hundreds were dead or missing in Japan following Friday’s 8.9 magnitude earthquake — the largest in Japan’s history — and the accompanying tsunami. The West Coast and several islands in the Pacific were also under tsunami
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California, Oregon suffer damage from tsunami

The warnings traveled quickly across the Pacific in the middle of the night: An 8.9-magnitude earthquake in Japan spawned a deadly tsunami, and it was racing east Friday as fast as a jetliner. Sirens blared in Hawaii. The West Coast pulled back from the shoreline, fearing the worst. People were warned to stay away from the beaches. Fishermen took their boats out to sea and safety. The alerts moved faster than the waves, giving millions of people across the Pacific Rim hours to prepare. In the end, harbors and marinas in California and Oregon bore the brunt of the damage,
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U.S. to rebid $2.4 billion in Florida rail funds

WASHINGTON (Reuters) – The Obama administration will rebid nearly $2.4 billion in high-speed rail grants recently rejected by Florida, one of three states to conclude “bullet train” projects are too expensive in a tough economy. Read the full story.
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WTO top court backs China in U.S. duties dispute

GENEVA (Reuters) – The World Trade Organization’s top court upheld on Friday some Chinese objections to a ruling that had backed the right of the United States to impose extra duties on Chinese goods that Washington said were unfairly priced and subsidized. Read the full story.
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