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Inability to produce text will intensify questions over body’s relevance in era of waning US support for multilateral forums

Plus, Ukraine war passes 1,000th day milestone

Speeding up digital systems makes them more vulnerable to criminal networks and money laundering

Belgian government circulates proposal as Kyiv’s allies seek ways to tap Moscow’s frozen wealth

Ministers meeting in Italy also pledge to press China to cut industrial subsidies

Also in this newsletter: Poland and Greece demand a shared EU air defence system

Engineering a $50bn advance from the profits of frozen Russian assets is presenting a challenge

Talks on scheme to unlock funds to support Ukraine’s war effort continue as summit begins in Italy

Leaders agree to front-load funding for Kyiv backed by expected profits from frozen Russian assets