
Key UK Mortgage Rate Exceeds 6% for the First Time This Year
The squeeze on finances for thousands of British homeowners is set to intensify after a key rate on
2023-06-19 18:56

Malta country profile
Provides an overview of Malta, including key dates and facts about this Mediterranean island state.
2023-06-19 18:50

UK FCA Places Restrictions on Odey Asset Management Withdrawals
The UK’s Financial Conduct Authority imposed restrictions on the movement of cash and assets by Odey Asset Management
2023-06-19 18:18

A Cheap Fix to Global Warming Is Finally Gaining Support
Global support for one of the cheapest and most powerful climate actions is accelerating — and it couldn’t
2023-06-19 17:24

Netherlands media guide
An overview of the media in the Netherlands, including links to broadcasters and newspapers.
2023-06-19 17:21

Netherlands country profile
Provides an overview of the Netherlands, including key dates and facts about this European country.
2023-06-19 17:16

London Home Asking Prices Slide as Surging Rates Stretch Buyers
Homesellers in London cut prices more than any UK region in June as surging borrowing costs stretched affordability
2023-06-19 16:59

Warren Buffett Raises Stake in Five Japanese Trading Houses
Berkshire Hathaway Inc. raised its stake in five of Japan’s trading houses to an average of over 8.5%,
2023-06-19 16:15

Are Red Bull now the most successful F1 team ever – and how long can this dominance last?
At the moment it seems a grand prix does not go by without Red Bull – and their peerless linchpin Max Verstappen – setting milestones and breaking records. Such is their dominance in Formula 1 right now, winning 18 of the last 19 races, the double-symphony of the Dutch and Austrian national anthems on the podium is as much a regularity these days as five red lights going out to start the race. But Canada really did take the biscuit. Red Bull’s 100th race victory; Max Verstappen’s 41st grand prix win, equalling Ayrton Senna’s record; Verstappen brought up 250 consecutive laps led, dating back to Miami six weeks ago; Red Bull’s 10th consecutive victory, including Abu Dhabi at the end of last year. It was notable who was on the podium, too, celebrating Verstappen’s 20th win in his last 27 races. Adrian Newey, Red Bull’s mastermind-in-chief, who was unofficially celebrating his 200thF1 race win involvement, dating back to his first in Mexico 32 years ago. The man extolled, appropriately, with engineering the team’s latest RB missile on four wheels. By this season’s standards, Verstappen’s win in Montreal was far from a cruise. Qualifying on Saturday was tricky in wet-dry-wet conditions. But Max prevailed. An early safety car bunched the pack up on Sunday. But Max prevailed. Tyre wear was an issue in the cockpit with Fernando Alonso and Lewis Hamilton chasing; not on the pit wall who again oozed perfectibility. Again, Max prevailed. No 100 is a significant landmark for the team. An “incredible achievement”, as Christian Horner put it, becoming the fifth team to reach such a figure. When he spearheaded Red Bull’s involvement by taking over Jaguar in 2004, surely even he could not have forecasted such periods of dominance, up against the historic titans of world motorsport. Red Bull have won 28.1% of all the races they’ve entered in the sport as they hit a century. By way of comparison, Ferrari have won 242 races in 1060 – a hit-rate of 22.8%. McLaren’s is lower at 19.6%; Williams’ fewer still at 14.4%. But Mercedes at 44.8% beat the lot. Such was their near-decade of utter dominance – eight constructors’ titles in a row from 2014-2021 – Red Bull have some way to go before their percentage hit-rate matches the Silver Arrows. Currently, the difference is 16.7%. MOST WINS IN FORMULA 1 – 100 CLUB 1) Ferrari – 242 (22.8% hit-rate) 2) McLaren – 183 (19.6% hit-rate) 3) Mercedes – 125 (44.8% hit-rate) 4) Williams – 114 (14.4% hit-rate) 5) Red Bull – 100 (28.1% hit-rate) There are contentious points. For example, included in Mercedes’ tally is the nine wins from 1954-55, technically a different entity to the current works team. Yet on the whole, the difference is stark. But not insurmountable. It’s important to note this with caution. Predicting dynasties in sport is always a dangerous game: jump the gun on a Formula 1 forecast and the usual unpredictability of natural drama and human emotion can come back to bite you. Ferrari, for instance, have won just one drivers’ title in 16 years since their five-on-the-spin with Michael Schumacher in the early noughties. However, the outlook is particularly shiny at Milton Keynes. Red Bull have unequivocally nailed the current “ground-effect” regulations, not least due to Newey’s expertise in the area. This year is virtually sewn-up, with focus already switching to 2024 when they will be the heavy favourites once more. The next phase of regulations are not enforced until 2026. By that point, with Newey having recently signed an extension to stay, Red Bull could have secured another three world titles. It could be another 50 or so wins by that point, such is the current trajectory. And from then, the launch of their own powertrains division comes to fruition, with American giant Ford as a partner. In the constantly-shifting arms race that is Formula 1, Aston Martin, Mercedes, Ferrari and the rest – including new teams such as Audi – may well have something to say about that. Indeed, Red Bull have recently lost a key figure in engineer Rob Marshall, who joins McLaren next year. Dan Fallows similarly joined Aston Martin last year. Newey’s omnipresence is the unignorable advantage. Yet as the sun set in Canada on another victory, did the 64-year-old give Red Bull a scare? And the rest of the paddock a glimmer of hope? “My career can’t go on forever,” he said, post-podium. “As long as the team wants me and I keep enjoying it I’ll keep going. “But realistically it’s on a countdown.” When that time will be, only he knows. What is not in question, however, is the absolute supremacy of this current Red Bull machine. From top-to-bottom, they now set the benchmark. The statistics of the past allude to that; the projection for the future indicate there could be plenty more to come. Read More Max Verstappen wins Canadian Grand Prix to match F1 legend in race wins Red Bull mastermind Adrian Newey hints at retirement: ‘It’s on a countdown’ Lando Norris angry at penalty which cost him points in Canadian Grand Prix ‘It’s on a countdown’: Red Bull mastermind Adrian Newey hints at retirement F1 Canadian Grand Prix LIVE: Race updates and lap times from Montreal
2023-06-19 14:56

Sweden’s Property Crunch Worsens as Another Landlord Cut to Junk
Sweden’s beleaguered property sector suffered another blow late on Friday night when one of the largest office landlords
2023-06-19 14:55

Ukraine war: BBC on the front line as Ukraine attacks Russian trenches
Quentin Sommerville joins troops pushing eastward from a recaptured village in Donetsk.
2023-06-19 13:20

Five Tools Europe Will Use to Counter China’s Geopolitical Rise
The European Union is looking at an array of tools to ensure it punches at its global weight,
2023-06-19 12:20