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Moscow and Kiev have agreed to create a “coordination center” on exports in Istanbul, Turkey has said Russia and Ukraine have agreed to establish a joint coordination center on grain exports in Istanbul that will include representatives from all parties, Turkish Defense Minister Hulusi Akar told local media following the four-way talks that also involved…

The German statistics office Destatis has reported another jump in inflation in May as food and energy prices continue to climb. Annual inflation in Europe’s top economy has reached 7.9%, the highest level since the 1973 oil crisis.