Bloomberg Finland has taken legal custody of 21 yachts while it investigates whether their owners are sanctioned following Russia’s attack on Ukraine. The luxury boats sit in winter storage and cannot be transferred while Finnish Customs looks into their beneficial owners, Sami Rakshit, head of the enforcement department, said by phone on Wednesday. Asked to describe the boats, Rakshit ...

Bloomberg Ukrainian President Volodymyr Zelenskiy urged Japanese lawmakers to expand their already unprecedented sanctions regime against Russia, saying he needed more help to turn back the “tsunami of brutal invasion.” In a speech on Wednesday to the Japanese Diet, Zelenskiy reiterated his call for a trade embargo against Russia. The video address — like his other appeals to supportive parliaments ...

  Bloomberg The US and Philippines will hold their biggest military drills in three decades as tensions grow with China, injecting new life into a defense alliance that had languished in recent years. Some 5,100 American soldiers and 3,800 Philippine military members will train in the Southeast Asian nation from March 28 to April 8, the US Embassy in Manila ...