Recession fears slam global stocks (Reuters)

A man uses his mobile phone in front of an electronic board showing stock information at a brokerage house in Wuhan, Hubei province November 5, 2008. (Stringer/Reuters)Reuters - Asian stocks slumped 7 percent and commodity-related currencies tumbled on Thursday as more evidence that the U.S. economy is shrinking made investors brace for a potentially deep and prolonged global recession.


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