Japan, China, South Korea Meet at Geopolitical ‘Turning Point in History’

Chinese Foreign Minister Wang Yi (L) and South Korean Foreign Minister Cho Tae-yul (R) shake hands as Japanese Foreign Minister Takeshi Iwaya (C) smiles at a joint press conference during the 11th Japan-China-South Korea (Japan-China-ROK) Trilateral Foreign Ministers' Meeting in Tokyo, Japan, 22 March 2025. (EPA)
Chinese Foreign Minister Wang Yi (L) and South Korean Foreign Minister Cho Tae-yul (R) shake hands as Japanese Foreign Minister Takeshi Iwaya (C) smiles at a joint press conference during the 11th Japan-China-South Korea (Japan-China-ROK) Trilateral Foreign Ministers' Meeting in Tokyo, Japan, 22 March 2025. (EPA)
TT

Japan, China, South Korea Meet at Geopolitical ‘Turning Point in History’

Chinese Foreign Minister Wang Yi (L) and South Korean Foreign Minister Cho Tae-yul (R) shake hands as Japanese Foreign Minister Takeshi Iwaya (C) smiles at a joint press conference during the 11th Japan-China-South Korea (Japan-China-ROK) Trilateral Foreign Ministers' Meeting in Tokyo, Japan, 22 March 2025. (EPA)
Chinese Foreign Minister Wang Yi (L) and South Korean Foreign Minister Cho Tae-yul (R) shake hands as Japanese Foreign Minister Takeshi Iwaya (C) smiles at a joint press conference during the 11th Japan-China-South Korea (Japan-China-ROK) Trilateral Foreign Ministers' Meeting in Tokyo, Japan, 22 March 2025. (EPA)

The top diplomats from Japan, China and South Korea met in Tokyo on Saturday, seeking common ground on East Asian security and economic issues amid escalating global uncertainty.

"Given the increasingly severe international situation, I believe we may truly be at a turning point in history," Japanese Foreign Minister Takeshi Iwaya said at the start of the meeting in Tokyo with Chinese Foreign Minister Wang Yi and South Korean Foreign Minister Cho Tae-yul.

The three agreed to accelerate preparations for a trilateral summit in Japan this year that would also include talks on how Tokyo, Beijing and Seoul can tackle declining birthrates and aging populations, Iwaya said in a joint announcement after the meeting.

The first gathering of the countries' foreign ministers since 2023 comes as US President Donald Trump upends decades-old alliances, potentially opening the door for China to forge closer ties to countries traditionally aligned with Washington.

"Our three nations have a combined population of nearly 1.6 billion and an economic output exceeding $24 trillion. With our vast markets and great potential, we can exert significant influence," Wang said. China, he added, wants to resume free trade talks with its neighbors and expand membership of the 15-nation Regional Comprehensive Economic Partnership.

However, deep divisions remain. Beijing is at odds with Tokyo and Seoul on several key issues, including its support of North Korea, its intensifying military activity around Taiwan, and its backing of Russia in its war with Ukraine.

US allies Japan and South Korea, which each host thousands of US troops, share Washington’s view that China - the world’s second-largest economy - poses a growing threat to regional security.

Cho said he had asked China in the meeting to help persuade North Korea to abandon its nuclear weapons.

"I also stressed that illegal military cooperation between Russia and North Korea should stop immediately, and that North Korea should not be rewarded for its wrongdoings in the course of bringing about the end of the war in Ukraine," he added.

Iwaya met separately with his Chinese and South Korean counterparts, including the first high-level economic dialogue with Beijing in six years.

A key issue for Tokyo in the talks with Beijing is a ban on Japanese seafood imports imposed by China after the release of wastewater from the destroyed Fukushima nuclear plant from 2023.

Iwaya said he confirmed a commitment by China made in September to allow imports of marine products and also asked about expanding imports of Japanese agricultural products, including beef and rice.

"I emphasized that it is important to prioritize resolving those issues that can be addressed early," Iwaya told reporters after the meeting.



EU Holds Crunch Summit on Russian Asset Plan for Ukraine

Ukrainian President Volodymyr Zelensky hold talks with German Chancellor Friedrich Merz (not pictured) in the Chancellery in Berlin, Germany, 15 December 2025.  EPA/NADJA WOHLLEBEN / POOL
Ukrainian President Volodymyr Zelensky hold talks with German Chancellor Friedrich Merz (not pictured) in the Chancellery in Berlin, Germany, 15 December 2025. EPA/NADJA WOHLLEBEN / POOL
TT

EU Holds Crunch Summit on Russian Asset Plan for Ukraine

Ukrainian President Volodymyr Zelensky hold talks with German Chancellor Friedrich Merz (not pictured) in the Chancellery in Berlin, Germany, 15 December 2025.  EPA/NADJA WOHLLEBEN / POOL
Ukrainian President Volodymyr Zelensky hold talks with German Chancellor Friedrich Merz (not pictured) in the Chancellery in Berlin, Germany, 15 December 2025. EPA/NADJA WOHLLEBEN / POOL

EU leaders gather in Brussels Thursday for a make-or-break summit on using frozen Russian assets for Ukraine -- with key player Belgium under pressure to drop its opposition.

The 27-nation bloc is scrambling to strengthen Kyiv's hand as Russia's war drags towards the four-year mark and US President Donald Trump pushes for a quick deal to end the fighting, AFP said.

Officials have insisted the talks will last as long as it takes to hammer out an agreement, saying both Ukraine's survival and Europe's credibility are at stake.

"If we do not succeed in this, then the European Union's ability to act will be severely damaged for years," German Chancellor Friedrich Merz warned this week.

"We will show the world that we are incapable of standing together and acting at such a crucial moment in our history."

The EU estimates Ukraine, whose president Volodymyr Zelensky will join the meeting, needs an extra 135 billion euros ($159 billion) to stay afloat over the next two years -- with the cash crunch set to start in April.

In a bid to plug the yawning gap, the European Commission, the EU's executive, has put forward a plan to tap some 210 billion euros of Russian central bank assets frozen in the bloc.

The scheme -- which would initially provide Kyiv 90 billion euros over two years -- involves an untested financial switcheroo under which the funds are loaned to the EU, which then loans them on to Ukraine.

Kyiv would then only pay back the "reparations loan" once the Kremlin coughs up for all the damage it has wrought.

Belgium blocking

Belgium, where international deposit organization Euroclear holds the vast bulk of the funds, has been firmly opposed due to fears it could face crippling financial and legal reprisals from Moscow.

Russia has already fired a shot across the bows by announcing it was suing Euroclear.

Belgium's outspoken prime minister Bart De Wever will be in the spotlight as his EU counterparts -- most of whom back the plan -- try to cajole him to accept.

EU officials say they have gone out of their way to allay Belgian worries and that multiple layers of protection -- including guarantees from other member states -- mean the risks are minimal.

But so far Flemish nationalist De Wever has only dug in further, insisting that any guarantees must be unlimited and assets frozen in other countries should be used too.

In theory, other EU countries could override Belgium and ram the initiative through with a weighted majority but that would be a nuclear option that few see as likely for now.

"These are complex decisions that cannot be forced," said Italian premier Giorgia Meloni, who could offer key political cover for Belgium.

Plan B?

The commission has floated a potential fallback plan of the EU raising the money itself to lend Ukraine.

But officials say that scheme has been shelved as it requires unanimous approval from the EU's 27 leaders and Hungary has ruled it out.

De Wever nonetheless looks set to try to revive that idea, and other countries may be open to his arguments.

"It is on the shelf, not in the bin," said one EU diplomat, speaking like others on condition of anonymity. "But we are focused now on the reparations loan."

Bubbling close to the surface of the EU's discussion are the US efforts to forge a deal to end the war.

US and Russian officials are set to meet in Miami this weekend to discuss Trump's peace plan, a White House official told AFP Wednesday.

Trump's roving envoy Steve Witkoff and son-in-law Jared Kushner are expected to take part on the US side, while Putin's economic envoy Kirill Dmitriev is set to be in the Russian delegation, Politico reported.

Ukraine has said Washington was "pressuring" the EU not to use the assets as they view them as a vital bargaining chip in winning over Russia.

But EU officials deny that and say that, if anything, the push for peace has spurred the efforts to tap the Russian funds.

Given that Ukraine has only months before the shortfalls bite, diplomats and officials insist leaders will find a way to keep funds flowing -- even if this week yields only a loose deal with details to be hammered out later.

"We need to find a solution," said a second EU diplomat. "I'd be surprised if they break up on Saturday or Sunday without a decision."


Trump Vows Economic Boom, Blames Biden in Address to Nation

US President Donald Trump delivered a speech to the American people from the White House. (AP)
US President Donald Trump delivered a speech to the American people from the White House. (AP)
TT

Trump Vows Economic Boom, Blames Biden in Address to Nation

US President Donald Trump delivered a speech to the American people from the White House. (AP)
US President Donald Trump delivered a speech to the American people from the White House. (AP)

President Donald Trump promised Americans an economic boom in an address to the nation on Wednesday, while blaming Democratic predecessor Joe Biden for high prices that have hit the Republican's popularity.

"Good evening America. Eleven months ago I inherited a mess, and I'm fixing it," the 79-year-old said in his live speech from the White House at the end of his first year back in power.

Trump faces growing voter anger over the issue of affordability despite his efforts to dismiss it as a "hoax" by Democrats, sparking Republican fears they could be punished in the 2026 midterm elections, said AFP.

The billionaire president insisted that prices of gas and groceries that have worried Americans were "falling rapidly, and it's not done yet. But boy, are we making progress."

In a surprise announcement, Trump said that 1.45 million United States military service members would each receive "warrior dividend" bonus checks for $1,776 before Christmas, paid for with revenues raised from tariffs.

He added that specific amount was in honor of the year of the founding of the United States, the 250th anniversary of which the country will celebrate next year.

Trump then promised that "we are poised for an economic boom the likes of which the world has never seen" in 2026, when the United States will co-host the FIFA World Cup, with Canada and Mexico.

But while the White House had billed the speech as a chance for Trump to set out his economic agenda for the rest of his second term, much of it consisted on attacks on familiar targets.

He repeatedly raged against Biden, the Democrats, and migrants whom he said "stole American jobs."

Democrats fired back after the speech, with Senator Chuck Schumer saying in a statement that Trump "just showed he lives in a bubble completely disconnected from the reality everyday Americans are seeing and feeling."

"The facts are that prices are going up. Unemployment is going up. And there's no end in sight," he added.

Trump's speech comes at the end of a whirlwind year in which he has launched an unprecedented display of presidential power, including a crackdown on migration and the targeting of political opponents.

Poll worries for Trump

But polls show what Americans are most concerned about is high prices, which experts say are partly fueled by the tariffs he has slapped on trading partners around the world.

Trump got his worst approval ratings ever for his handling of the economy in a PBS News/NPR/Marist poll published Wednesday, with 57 percent of Americans disapproving and expressing concerns about the cost of living.

A YouGov poll published Tuesday showed that 52 percent of Americans thought the economy was getting worse under Trump.

He has also faced criticism from his Make America Great Again (MAGA) movement for focusing on peace deals in Ukraine and Gaza and on tensions with Venezuela, instead of domestic issues.

Trump did not mention Ukraine or Venezuela, but did boast about the Gaza ceasefire, the US attacks on Iran's nuclear program, and what he calls a war on drug traffickers.

There are signs Trump's team has had a wake-up call on the economy in recent weeks, with next year's midterm elections for the control of Congress already looming.

Republicans lost heavily in elections in November for the mayor of New York and governorships in Virginia and New Jersey, while Democrats ran them close in a previously safe area in Tennessee.

The president is now ramping up his domestic travel to push his economic message.

Last week in Pennsylvania he promised to "make America affordable again," and on Friday he is due to give another campaign-style rally in North Carolina.

Vice President JD Vance -- who is rapidly becoming Trump's messenger on the issue as he eyes his own presidential run in 2028 -- also urged voters to show patience during a speech on Tuesday.


US Military Says Strike on Alleged Drug Boat Kills 4 in Eastern Pacific

File photo: This screen grab from a video posted by US Defense Secretary Pete Hegseth on his X account on October 28, 2025 shows what he says is one four alleged drug-smuggling boats in the eastern Pacific Ocean that was destroyed in strikes, bringing the death toll from Washington's anti-narcotics campaign to at least 57. (Photo by Handout / US Secretary of Defense Pete Hegseth's X Account / AFP)
File photo: This screen grab from a video posted by US Defense Secretary Pete Hegseth on his X account on October 28, 2025 shows what he says is one four alleged drug-smuggling boats in the eastern Pacific Ocean that was destroyed in strikes, bringing the death toll from Washington's anti-narcotics campaign to at least 57. (Photo by Handout / US Secretary of Defense Pete Hegseth's X Account / AFP)
TT

US Military Says Strike on Alleged Drug Boat Kills 4 in Eastern Pacific

File photo: This screen grab from a video posted by US Defense Secretary Pete Hegseth on his X account on October 28, 2025 shows what he says is one four alleged drug-smuggling boats in the eastern Pacific Ocean that was destroyed in strikes, bringing the death toll from Washington's anti-narcotics campaign to at least 57. (Photo by Handout / US Secretary of Defense Pete Hegseth's X Account / AFP)
File photo: This screen grab from a video posted by US Defense Secretary Pete Hegseth on his X account on October 28, 2025 shows what he says is one four alleged drug-smuggling boats in the eastern Pacific Ocean that was destroyed in strikes, bringing the death toll from Washington's anti-narcotics campaign to at least 57. (Photo by Handout / US Secretary of Defense Pete Hegseth's X Account / AFP)

The US military said Wednesday that it attacked a boat accused of smuggling drugs in the eastern Pacific Ocean, killing four people on the same day the House rejected efforts to limit President Donald Trump’s power to use military force against drug cartels.

US Southern Command stated on social media that the vessel was operated by narco-terrorists along a known trafficking route. The military didn't provide evidence behind the allegations but posted a video of a boat moving through water before there was an explosion, The Associated Press said.

The attack brought the total number of known boat strikes to 26 while at least 99 people have been killed, according to numbers announced by the Trump administration. Trump has justified the attacks as a necessary escalation to stem the flow of drugs into the United States and asserted the US is engaged in an “armed conflict” with drug cartels.

The administration is facing increasing scrutiny from lawmakers over the boat strike campaign. The first attack in early September involved a follow-up strike that killed two survivors clinging to the wreckage of a boat after the first hit.

House Republicans rejected a pair of Democratic-backed resolutions Wednesday that would have forced the Trump administration to seek authorization from Congress before continuing attacks against cartels.

They were the first votes in the House on Trump’s military campaign in Central and South America.

A majority of Republicans in the Senate had previously voted against similar resolutions, and Trump would almost certainly veto them if they were to pass Congress.