2025-12-10
11 分钟Good morning from the Financial Times.
Today is Wednesday, December 10th, and this is your FT News Briefing.
The EU is racing to get around Hungary for a Russian asset plan,
and there's a widening gulf between US interest rates and the rest of the world.
Plus, Australia has implemented the first ever social media ban for children.
I'm Mark Filipino, and here's the news you need to start your day.
The European Union plans to fast-track legislation that would indefinitely freeze up to 210 billion euros in Russian assets.
The legislation looks to protect the Europeans' leverage in US-led peace talks over the war in Ukraine,
as according to officials familiar with the plans.
So, what's the rush?
Well,
diplomats want to separate this idea of freezing assets from the debate about raising loans for Kyiv backed by those Russian funds.
The lending question will be picked up at a summit next week.
It's worth noting that the EU is prepared to pass this without Hungary's support.
Most EU legislation requires buy-in from all 27 member states,
but Brussels is invoking emergency powers to get around Hungary,
which has close ties to Russia and other countries who would oppose the measure.
Meanwhile, sources tell the FT that U.S.
President Donald Trump is pressuring his Ukrainian counterpart Vladimir Zelensky to respond to a peace plan That plan would accept territorial losses in exchange for unspecified US security guarantees.
The Federal Reserve meets today and is expected to cut interest rates by a quarter point.