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.

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Officials in Taipei have reportedly raised questions about what wavering support for Kiev means for their security US lawmakers who visited Taiwanese leaders this week have reportedly been met with apprehension and questions over Washington’s security commitments amid its stalled support for Ukraine.