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Putin tries to lure $1trn home as US sanctions fear deepens

Bloomberg President Vladimir Putin is using the threat of additional US sanctions to encourage wealthy Russians to repatriate some of their overseas assets, which exceed $1 trillion by one estimate. Putin told lawmakers that a new capital amnesty program was needed “given the foreign restrictions, which instead of lessening are now worsening,” according to a transcript posted on the Kremlin’s ...

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Syrian rebel groups reject Sochi meet

Bloomberg Syrian rebel groups rejected Russia’s planned Sochi conference on Syria, saying Moscow was seeking to bypass a UN-based Geneva peace process and blam- ing Russia for committing war crimes in the wartorn country. In a statement by around 40 rebel groups who include some of the military factions who participated in earlier rounds of Geneva peace talks, they said ...

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China steps up to broker peace in Afghan-Pakistan conflict

Bloomberg China hosted top diplomats from Afghanistan and Pakistan on Tuesday in a bid to mediate a long-simmering conflict between the neighboring countries. Afghan Foreign Minister Salahuddin Rabbani and Pakistan Foreign Minister Khawaja Asif joined their Chinese counterpart Wang Yi on Tuesday to discuss possible economic and security cooperation. The first trilateral minister-level dialogue in Beijing comes as China expands ...

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