Bloomberg President Joe Biden was to issue an executive order to transfer shift the $7 billion in Afghan central bank assets frozen in the US so it can be used to compensate victims of the Sepember 11 terrorist attacks and support aid efforts in Afghanistan, a person familiar with the matter said. The order will direct US financial institutions ...

  Bloomberg US Secretary of State Antony Blinken said that “China has been acting more aggressively,” although he didn’t consider a conflict in the Indo-Pacific inevitable. Blinken spoke as a meeting of the Quad, a regional partnership that also includes Japan, India and Australia, got underway in Melbourne. “Nothing is inevitable,” Blinken said in response to a reporter’s question about ...

  Bloomberg The Taliban-appointed permanent representative to the United Nations says the new Afghan government is pressing the international body for recognition and a member’s seat as the lack of legitimacy hurts the country’s economy and diplomacy. “Why the world is not recognizing us when we have met their conditions,” Suhail Shaheen said in an interview from Doha, Qatar. He ...