BLOOMBERG European Union (EU) defense ministers cautiously welcomed a plan to send Ukraine ammunition from their existing stocks, but urged the bloc to work faster on jointly procuring shells to jump-start production. “What is crucial is that Ukrainians direly need ammunition and we have to ramp up production within Europe,” Swedish Defense Minister Pal Jonson told reporters in Stockholm ahead …

BLOOMBERG Back in November, before the latest downward spiral in US-China ties, Xi Jinping cast himself as a statesman in a meeting with Joe Biden. Saying both nations need “a responsibility for history,” Xi appeared to play ball with US calls to “compete vigorously” with China while establishing “guardrails” to avoid conflict. After speaking with Biden for more than three …

BLOOMBERG The M23 rebel group clashed with Democratic Republic of Congo soldiers, defying a ceasefire that was meant to go into effect on March 7, according to the United Nations. “The secretary-general reiterates his call on the M23 to respect the ceasefire to create conditions for its full and effective withdrawal from all occupied areas,” Farhan Haq, deputy spokesman, said …