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Global markets plunge, with Japan's Nikkei diving nearly 8%, after big meltdown on Wall St

European shares followed Asian markets lower, with Germany's DAX falling 6.5 per cent to 19,311.29. In Paris, the CAC 40 shed 5.7 per cent to 6,861.27, while Britain's FTSE 100 lost 4.5 per cent to 7,694.00.

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