The Financial Times reported that Sweden, the Netherlands, Spain, and Poland are jointly urging the European Commission to restart work on using more than €200 billion ($233 billion) in frozen Russian central bank assets to fund Ukraine. Belgium blocked the proposal in December over legal and financial concerns.

The Council says the EU’s €90 billion ($105 billion) loan covers two-thirds of Ukraine’s projected funding needs for 2026 and 2027. In the Financial Times, Swedish Foreign Minister Maria Malmer Stenergard called the loan a “manifestation of the EU’s commitment to support Ukraine,” but said it was “clearly not enough.”

A draft obtained by the Kyiv Independent is dated 27 August and asks EU foreign ministers to hold an initial discussion in Ireland on 1–2 September. Three EU diplomats told the outlet they expected it to be sent the same day.

EU rules already channel profits from frozen assets to Ukraine, primarily to help repay EU and G7 loans. The Commission proposed using cash balances from the Russian holdings for a separate reparations loan, while leaving the assets frozen.

In February, Kaja Kallas acknowledged that EU officials had done no further work on the option since December. Separately, Ukrainians and their supporters rallied across dozens of countries from 22 to 24 August to demand that Europe use the assets.

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Ukrainians rally across dozens of countries to demand Europe use Russia’s frozen billions

Belgium’s objections remain unchanged. The government fears Russian legal retaliation and wider risks to financial markets because most of the assets are held in Belgium. No new proposal has resolved those concerns, and the coalition is asking the Commission for a progress report on possible legal and technical solutions.

Kremlin dismisses US media reports after meeting as ‘scare stories’, as Pentagon policy chief prepares to meet Nato secretary general

Hello and welcome to the US politics live blog.

A trip by the CIA director to Moscow this week was to warn Russia against any attack on Nato member states, US media reported, after Donald Trump attempted to downplay the visit.

Two dozen mainly Democratic‑led states filed a fresh lawsuit to block Donald Trump’s executive order restricting mail voting in this year’s midterm elections.

Lawyers for Lisa Cook wrote to the White House on Wednesday, rejecting a new attempt to force the Federal Reserve governor to resign for allegedly listing two properties as her primary residence on mortgage applications. The letter goes on to detail the numerous other individuals who have made the same mistake on mortgage forms, starting with Trump.

The chief spokesperson for the US Secret Service and two other communications staffers are under investigation for “potential misconduct” and have been suspended, according to the agency and media reports.

A geography professor alleges in a lawsuit filed this week in federal court in Manhattan that he was fired from his tenured position at the US Military Academy at West Point “because he taught that humans influenced climate change”.

The US army announced on Wednesday that it has awarded to $2.2bn to five contractors “to own, construct and operate nuclear microreactors on military installations” in five states.

Russia warns Britain is ‘playing with fire’ over support for Ukraine

The race was at its peak when American riders were regularly challenging for titles. Its return could help prompt a revival

After a decade-long absence, the beloved Philadelphia International Cycling Classic is set to return this weekend, with some of the world’s best bike-racing teams taking to the famous circuit around the city’s leafy Art Museum, Manayunk, and Roxborough areas on Sunday.

The race is one of just a handful of events on American soil sanctioned by UCI, cycling’s international governing body, and will feature squads such as EF Education EasyPost, Lidl-Trek, Lotto-Intermarché, and Jayco AlUla in the men’s race, and powerhouses CANYON//SRAM zondacrypto and Human Powered Health in the women’s event. It is classified as a 1.1 race, meaning it’s two levels below the top-flight WorldTour, whose races include the Tour de France, Paris-Roubaix, and Liège-Bastogne-Liège.

The Philadelphia Cycling Classic will be livestreamed on Channel 6 ABC, with the women’s race kicking off at 8.30am Eastern. The men will follow at 12.30pm. Of course, you could always trek to Philly and become part of the party yourself. I highly recommend snagging a spot somewhere along The Wall.

Tim Curry was a versatile performer of stage and screen who made his name as the flamboyant Dr Frank-N-Furter in The Rocky Horror Show. Curry’s best-known roles often required a considerable physical transformation, to the extent that he was unrecognisable in some of them. As Frank-N-Furter, Rocky Horror’s eccentric scientist, he was daubed in garish makeup and dressed in stockings and suspenders Ridley Scott's fantasy Legend, he sported giant horns and scarlet skin as the Lord of Darkness and, in 1990, Curry was transformed with full-face clown makeup to play Pennywise in the TV miniseries It, based on Stephen King's novel

• Tim Curry, star of The Rocky Horror Picture Show and Stephen King’s It, dies aged 80