| Recession fears hit stock markets [4 mins][Hoboken, NJ] European and Asian markets fall sharply amid growing concerns that the world economy will enter a protracted downturn. | China to overhaul battered dairy industry (AP) [11 mins][China] AP - China announced a complete overhaul of its dairy industry Thursday to improve safety at every step ? from cow breeding to milk sales ? saying its worst food quality scandal in years had revealed "major problems" in quality control. |
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