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Asian stocks witnessed a fresh round of volatility Wednesday, as further evidence of slowing growth in China's economy brought a new bout of uncertainty to global markets. An early sell-off followed a dismal day on US and European markets as clouds gathered over the worldwide economy, amid mounting signs of stumbling growth. The Australian dollar -- which is heavily linked to demand for the country's abundant natural resources -- plumbed six-year lows with figures out of Canberra showing the economy logged a slower-than-expected 0.2 percent quarterly expansion.
Guatemala's Congress voted to strip embattled President Otto Perez of his immunity, clearing the way for him to be prosecuted for allegedly masterminding a multi-million-dollar corruption scheme. The result gives Perez the dubious distinction of becoming the first president to have his immunity revoked in the Central American country's history. After months of unprecedented protests that have swept Guatemala, hundreds of demonstrators outside Congress erupted into jubilant cheers at the news, chanting "yes we did" as passing drivers honked their horns in celebration.