An economic downturn in the region will take hold by year-end, Mario Draghi has warned The European Union will likely plunge into recession by the end of the year, former Italian prime minister and European Central Bank (ECB) president Mario Draghi has told the Financial Times.

Tajikistan and Kyrgyzstan blame each other for the renewed cross-border skirmishes Border guards from Tajikistan and Kyrgyzstan once again exchanged fire on Friday morning, following an escalation of tensions earlier in the week.

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