The Group of Seven (G7) countries intend to discuss the US idea of confiscating the proceeds of Russian assets in favor of Ukraine before the June summit, according to Reuters. Securing interest on frozen Russian assets, which will amount to about $5 billion a year, is becoming one of the best options for overcoming differences between the United States and Europe ahead of the G7 leaders’ summit in Italy in June. But G7 members are still arguing over some ‘holdbacks’ that would cut the expected profit to $2.5-3.0 billion, one official said, pointing to Belgium’s 25% tax rate, a ‘convenience fe…