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NEW YORK (CNNMoney.com) -- Concerns about the global economy roiled world financial markets Tuesday after a report on leading indicators in China was revised lower.

NEW YORK (CNNMoney.com) -- Stocks tumbled Tuesday, with the Dow falling as much as 326 points and the S&P hitting an 8-month low after a big drop in consumer confidence and signs of a bigger slowdown in the global economy.

New Orleans, Louisiana (CNN) -- The disaster thousands of feet deep in the Gulf of Mexico may be exacerbated by a different type of calamity in the coming week -- a tropical storm -- that could push the oil farther along Florida's pristine Panhandle beaches.

Beijing, China (CNN) -- Hundreds of workers tried Friday to shore up two dikes on a river in eastern China as the area dealt with continued deadly flooding, state-run media reported.

Kabul, Afghanistan (CNN) -- Afghanistan's president has backed the selection of Gen. David Petraeus as the top NATO commander in Afghanistan, saying he is "experienced" and an "expert commander" with knowledge of his war-torn nation.

The commander of multinational forces in Afghanistan, Gen Stanley McChrystal, has been dismissed by US President Barack Obama after critical comments about senior administration officials.

Washington (CNN) -- Secretary of State Hillary Clinton announced the United States will give $60 million to the U.N. Relief and Works Agency for help to Palestinian refugees on Friday, a move designed to improve the lives of 4.7 million people.

Tropical Storm Agatha unleashed torrential rains over Guatemala, southeast Mexico and much of El Salvador, triggering flash floods and mud slides.