A European proposal meant to rival President Trump’s 28-point peace plan calls for Ukraine to keep its military forces and leaves the door open for the country to join NATO, according to a

About $300bn of Russian central bank reserves were frozen at the beginning of Russia’s full-scale invasion. But the US only controls about $5bn, with most of it sitting in the EU, smaller amounts in Japan, the UK, Switzerland and other jurisdictions.

When Poland announced that an explosion damaged a railway track leading to Ukraine this week, Prime Minister Donald Tusk was quick to declare it was an unprecedented act of sabotage designed to cause catastrophe.

The European Union has introduced a new defense package to speed up the deployment of tanks and troops across its 27 nations.

The European Union said the decision was prompted by sabotage attacks in Europe, but Russians living abroad say Europe is punishing ordinary people.

As the India-US trade deal hangs fire, New Delhi’s negotiations with the European Union may ultimately deliver a bigger lift — boosting exports, deepening India’s role in global supply chains and cementing ties with the West.