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(Image from article: "Thousands join May Day protests in Europe")

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China's economy slows moderately

China's economy slowed in the second quarter as the government steered monetary and fiscal policy back to normal after a record credit surge last year to counter the global crisis.

Thousands join May Day protests in Europe

Hundreds of thousands of people joined May Day rallies across Europe on Saturday, many protesting against government austerity policies in the wake of the global financial crisis.

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