France and Germany have warned that outright confiscation would reflect badly on the West’s financial system A rift is growing between Western allies over confiscating frozen Russian assets to help Ukraine as they continue to argue over legal ways to use the immobilized funds, Bloomberg reported on Wednesday.

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Washington has denied claims its warship was ‘expelled’ and says it will continue to sail in the region China claims it monitored and “warned off” a US Navy destroyer, after detecting it near the Paracel Islands in the South China Sea on Thursday. This comes as tensions between Beijing and Washington in the region continue…