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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The Japanese PM said that Russia’s actions in Ukraine are ‘shaking the very essence of the international order’ Indian Prime Minister Narendra Modi hosted his Japanese counterpart Fumio Kishida in New Delhi on Saturday, where the two leaders discussed bilateral affairs and international security, as India continues to resist pressure to openly condemn Russia for its military actions…