Germany has turned down the idea of a new multilateral defense bank, dealing the latest blow to dueling proposals to create a global state-backed lender to help rearm European and NATO member countries. https://www.japantimes.co.jp/news/2025/12/11/world/politics/germany-multilateral-defense-bank/?utm_medium=Social&utm_source=mastodon #worldnews #politics #germany #defense #nato #europe #russia #ukraine #russiaukrainewar #us