Rail traffic has been temporarily suspended between the Crimean cities of Simferopol and Sevastopol, after several cars carrying grain derailed, regional leader Sergey Aksyonov said on Thursday. Some media have reported that the disruption was caused by sabotage.

Investor confidence in Germany has fallen for a third consecutive month as growth prospects worsen, fueling fears of a recession in the EU’s largest economy, Bloomberg reported on Tuesday. The economic sentiment index measured by the ZEW economic research institute dropped to -10.7 in May from 4.1 in April, representing the first sub-zero reading this…

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