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EU considering Draghi or Merkel for potential talks with Russia's Putin, FT reports

BY Reuters | ECONOMIC | 12:11 AM EDT

May 20 (Reuters) - European Union governments are discussing whether former European Central Bank President Mario Draghi, or former German Chancellor Angela Merkel, could represent the bloc in potential negotiations with Russian President Vladimir Putin, the Financial Times reported on Wednesday.

Foreign ministers will discuss the merits of possible candidates at an EU meeting in Cyprus next week, the report said, citing people familiar with the matter.

Reuters could not immediately confirm the report. (Reporting by Gnaneshwar Rajan in Bengaluru; Editing by Jacqueline Wong)

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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