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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.

Earlier reports had suggested Washington was likely to provide the equipment for Kiev’s fight against Russia The US will not supply Ukraine with long-distance missile systems that are capable of striking deep into Russian territory, President Joe Biden explained on Monday. Asked by reporters about the prospect of such deliveries, Biden flatly rejected the possibility.