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General view of the leaders of the euro zone countries attending a meeting at the Elysee Palace in Paris October 12, 2008. France's President Nicolas Sarkozy and leaders of euro zone countries hold an emergency meeting in Paris to agree on specific, pan-European measures to prop up the battered financial sector and halt market panic. (Charles Platiau/Reuters)Reuters - The world readied on Monday for a slew of bank bailouts worth hundreds of billions of dollars in an effort to staunch the credit rout that threatens to tip the global economy into recession.


In this July 3, 2007, file photo, a worker selects the daily product at the production line at Wahaha's factory in Hangzhou, China. Chinese beverage maker Wahaha Group is considering buying dairy assets from Sanlu Group, the milk maker at the heart of a scandal over milk tainted with an industrial chemical, reports said Monday October 13, 2008.  Wahaha spokesman Shan Qining said he could not confirm the reports citing the company's chairman, Zong Qinghou, as saying he wants to buy a milk powder production line from Sanlu. (AP Photo/Eugene Hoshiko, FILE)AP - A dairy ensnared in China's chemical-tainting scandal says it was a victim of unscrupulous behavior by the independent providers from whom it buys raw milk.


Republican presidential nominee Senator John McCain (R-AZ) (L) and Democratic presidential nominee Senator Barack Obama (D-IL) stand together onstage after the first U.S. presidential debate in Oxford, Mississippi in this September 26, 2008 file photo. REUTERS/Jim BourgReuters - Democratic presidential candidate Barack Obama is leading his Republican rival John McCain 53 percent to 43 percent among likely voters, according to a Washington Post-ABC News opinion poll released on Monday.


The All Ordinaries Index is shown at the Australian Stock Exchange at Sydney, Monday, Oct. 13, 2008. The Australian share market rebounded strongly in the first 20 minutes of trading with the All Ordinaries index gaining 5 percent in response to a government announcement that it would guarantee all bank and other lender deposits for three years. (AP Photo/Rick Rycroft)AP - Most Asian stock markets recovered Monday after last week's historic sell-off as governments in Europe and beyond intensified efforts to stabilize the world's troubled financial system.


Firefighters from the Los Angeles County Fire Department battle a wildfire in the Angeles National Forest near Los Angeles on Sunday, Oct. 12, 2008. Los Angeles County Fire Department spokesman Ron Haralson says the blaze has charred up to 750 acres in the rugged area of Little Tujunga Canyon, about 20 miles north of downtown. (AP Photo/Dan Steinberg)AP - Fire officials prepared late Sunday for rapid growth of a wildfire blazing 20 miles north of downtown with the expected arrival of strong, dry wind gusts overnight.