• The Independent

    Martin Brundle slams ‘lucky dip’ F1 points revamp proposal ahead of key meeting

    A team has proposed changing the points-scoring system from a top-10 to a top-12 for next season

  • The Independent

    Scottish government coalition collapses as SNP end power-sharing with Greens

    The decision came after first minister Mr Yousaf called an emergency meeting of the Scottish cabinet to address growing tensions between the Scottish Greens and the SNP

  • Reuters

    US proposal for frozen Russian asset revenues gaining ground, G7 officials say

    A U.S. proposal for using future interest on some $300 billion in frozen Russian assets to aid Ukraine, instead of seizing them outright, is gaining momentum among the Group of Seven nations, two G7 officials said. Collateralizing the interest earned on the frozen Russian assets, which would amount to some $5 billion a year, is emerging as one of the favored options to bridge differences between the U.S. and Europe ahead of a G7 leaders summit in Italy in June. But G7 members are still arguing about certain "holdbacks" that would whittle down those expected windfall profits to just $2.5-$3.0 billion, one of the officials said, pointing to Belgium's 25% tax rate, a "convenience fee" applied by depository Euroclear, and a proposed litigation reserve.