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.
The sides are working to arrange the talks during a defense summit in Singapore next month, according to the Wall Street Journal US Secretary of Defense Lloyd Austin and Chinese Defense Minister Wei Fenghe could hold their first ever face-to-face meeting next month, the Wall Street Journal (WSJ) reported on Monday.