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The Hot Zone
China's newly announced air defense identification zone over the East China Sea aims to shore up national security
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Frustration
A trader monitors share prices at the Philippine Stock Exchange in Manila's financial district of Makati on October 16, 2008. Philippine share prices closed 5.2 percent lower on continued worries over a likely global recession, dealers said. The composite index fell 116.04 points to close at 2,122.37 points, while the all-shares index fell 4.43 percent to 1,364.45 points. (Xinhua/AFP)


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