Iran has been causing trouble in the region as Tehran cut off crude exports to Europe. United Nations nuclear inspectors are back in the country this morning for the second time in a month. This time they are seeking more talks about the country's nuclear program. Yesterday, Iran signaled that it was ready to hit back hard at sanctions threatening its economy by announcing it was halting its limited oil sales to France and Britain. James Reynolds is correspondent for our partner the BBC.

Iran warned a U.S. Navy aircraft carrier to stay out of the Persian Gulf on Tuesday, just a day after Iran completed naval exercises in the Strait of Hormuz. In the latest episode of saber-rattling toward the West, Iran tested two short and medium range missiles on Monday. A U.S. Navy aircraft carrier moved into the area in response to the exercises. Iran's army chief threatened to attack the ship if it returns. Iran said during the drills that if the West imposed sanctions on its oil exports, it would close the Strait of Hormuz, the source of 40 percent of the world's oil shipments.

Chinese Prime Minister Wen Jiabao said today that he's worried about the safety of the the U.S. Treasury Department's large holdings and other debt. He noted nearly half of China's $2 trillion in currency reserves are invested in U.S. treasuries making China the largest creditor to the U.S. Joining The Takeaway to discuss the prime minister's remarks is BBC correspondent James Reynolds in Beijing.

Chinese state media reports four milk company executives and five others have gone on trial in connection with the melamine-tainted milk scandal. Sanlu, the company at the center of the scandal, has gone bankrupt after officials blamed their milk and milk-based products of killing at least six people and sickening hundreds of thousands of others. The BBC's James Reynolds is covering this story from Beijing.