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Three people were killed in the attack on the capital of the Donetsk People’s Republic, local authorities have said Three people were killed and eight others wounded in a Ukrainian rocket strike on the Russian city of Donetsk on Saturday, the leader of the Donetsk People’s Republic has said.

The move would undermine confidence in the country’s banking system, according to the former head of Deutsche Bank Former head of Deutsche Bank Josef Ackermann has warned Switzerland against confiscating Russian assets that have been frozen under EU sanctions, as the move would jeopardize investor confidence in the Swiss banking system.