Reuters

LONDON (Reuters) - Scotland's First Minister Humza Yousaf said on Monday he would step down, saying he was not the right candidate to rebuild ties with other parties after he ended a coalition with the Greens and faced defeat in confidence votes this week.

Here are some of the possible candidates to be the next Scottish National Party (SNP) leader.

JOHN SWINNEY

Swinney led the SNP from 2000-2004, served as deputy leader to... (continue reading...)

By Elizabeth Howcroft

LONDON (Reuters) - Crypto company Tether has invested $200 million in Blackrock Neurotech, taking a majority stake in the U.S. brain implant company, Tether said in a statement on Monday.

Blackrock Neurotech makes brain-to-computer interfaces, including neural implants which can allow people to control computers and prosthetic arms without moving, its website says. It has no relation to the asset manager BlackRock.

By Nell Mackenzie

LONDON (Reuters) - Japan would face "a fairly strong" recession if it were to raise interest rates, Olivier Blanchard, former chief economist at the International Monetary Fund, said on Monday.

Blanchard delivered his remarks on the same day the Bank of Japan was widely suspected of having intervened in the currency markets to boost the yen, which has fallen sharply this year to 34-year lows against the dollar.

By Hannah Lang

(Reuters) - Two lawmakers are pressing the Biden administration on the use of cryptocurrency to evade sanctions in Russia, Iran and North Korea, asking officials what additional authorities might be needed to prevent digital assets, such as stablecoin Tether from being used by sanctioned entities in Russia and elsewhere.

WHY IT'S IMPORTANT

The letter sent on Sunday by U.S. Senators, Democrat Elizabeth... (continue reading...)

NEW DELHI (Reuters) - India summoned the Canadian Deputy High Commissioner on Monday and expressed "deep concern and strong protest" after separatist slogans in support of a Sikh homeland were raised at an event addressed by Prime Minister Justin Trudeau.

Bilateral diplomatic relations soured last year after Trudeau said Canada was "actively pursuing credible allegations" that Indian agents were potentially linked to the June 2023 murder of a Canadian... (continue reading...)