Japan to propose emergency global gas reserve – Bloomberg   

Tokyo will suggest the idea to the International Energy Agency, the outlet has said   Japan is planning to create a global strategic natural gas reserve to guard against energy crunches such as the one that hit the EU and its allies last year, Bloomberg reported this week.

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EU makes new attempt to seize frozen Russian money

The bloc is considering using interest generated from the funds to help rebuild Ukraine, Bloomberg reports European Union leaders have been discussing plans to impose a windfall tax on profits generated by more than €200 billion ($217 billion) of frozen Russian central bank assets to aid Ukraine’s reconstruction, according to Bloomberg.

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Trump trial begins in New York

The former president has not been personally charged, and thinks his company is being unfairly prosecuted The criminal trial of Donald Trump’s family real estate business has opened in New York City. While the Trump Organization is accused of committing tax fraud, the former US president himself is unlikely to take the stand.

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