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From Washington, this is VOA news. I'm Dave DeForest reporting.
Tensions ease on the Korean peninsula: South Korea agreed Tuesday to halt propaganda broadcasts into North Korea after the North expressed "regret" about a recent land mine explosion that maimed two Southern soldiers. The agreement, reached after 30 hours of negotiations, defused the latest confrontation on the Korean peninsula that had threatened to turn into a military conflict.
Worries about a slowdown in the rate of increase in China's growing economy is fueling a drop in stock and oil prices around the world. In Asia, Shanghai's stock index plunged more than 8 percent. Markets were down in Europe and the U.S. as well.