Second storm slams into northern Philippines MANILA, Philippines - Typhoon Parma slammed into the Philippines on Saturday, ripping off roofs, toppling power pylons and swelling rivers in the country's mountainous north. At least two people were killed, an official said. East Asia sets up emergency $120 bln fund for crisis NUSA DUA, Indonesia (Reuters) - Thirteen East and Southeast Asian countries agreed on Sunday to set up a $120 billion emergency fund for use in an economic downturn, the first independent move by Asia to shield itself from financial crisis. China, Vietnam settle long-disputed land border HANOI (AFP) - Communist China and Vietnam on Wednesday said they had settled their long disputed land border, only hours before a deadline was due to expire and nearly 30 years after they fought a border war.
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