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…

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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.