Bloomberg Germany is open to using billions of euros in frozen Russian assets to help Ukraine rebuild as long as legal issues can be resolved and allies follow suit. Chancellor Olaf Scholz’s government supports Ukraine’s demand for war reparations but hasn’t yet taken an official position on seizing assets from the Russian state. The issue is complex and some parts ...

Bloomberg Philippine President Ferdinand Marcos Jr said his government expects to sign more than 10 agreements with China during his visit there, as he seeks to shift the two nations’ ties to “higher gear.” “I will be opening a new chapter in our comprehensive strategic cooperation with China,” Marcos said in a speech before departing for Beijing. He added that ...

Bloomberg The US is in discussions with South Korea on ways to deter Kim Jong-un’s regime from using nuclear weapons, according to a spokesperson for the National Security Council. Following a meeting in Cambodia last year, US President Joe Biden and South Korean counterpart Yoon Suk Yeol asked their teams to plan for an effective coordinated response to a range ...