Plus, West Africa threatens use of force on Niger coup leaders.

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Daily Briefing

West African nations threaten the use of force on Niger's coup leaders, a Ukrainian official reported heavy fighting in the northeast of the country, and Japanese eateries in China fear ruin as the Fukushima water discharge looms.

 

Plus, passionate Colombia fans set the standard at the Women's World Cup.

 

By Kate Turton

Today's Top News

 

Nigerian security forces prepare to disperse pro-junta demonstrators outside the French embassy, Niamey, Niger July 30, 2023. REUTERS/Souleymane Ag Anara

  • West African nations imposed sanctions and threatened to send in forces if Niger's new military leaders don't reinstate the ousted president within a week. Will they work? Listen to our West and Central Africa Bureau Chief Bate Felix on the Reuters World News podcast. 
  • A senior Ukrainian official reported heavy fighting in the northeast, with Kyiv's forces holding their lines and making gains. Former Russian President Dmitry Medvedev said Moscow would have to use a nuclear weapon if Kyiv's ongoing counter-offensive was a success. 
  • At least 45 people were killed and over 130 injured when a suicide bomber set off explosives at a political rally in Pakistan's northwestern Khyber Pakhtunkhwa province, police and rescue officials said.
  • Italy made an "improvised and atrocious" decision when it joined China's Belt and Road Initiative (BRI) four years ago as it did little to boost exports, Italian Defence Minister Guido Crosetto said in an interview. A study shows China spent $240 billion bailing out 'Belt and Road' countries.
  • Japanese eateries in China fear ruin as Fukushima water discharge looms, just over three weeks after China increased checks on Japanese food imports over radiation concerns. Here's what you need to know about post-Fukushima food import curbs.
  • Former US President Donald Trump's political action committee is expected to report that it has spent about $40 million in legal fees in the first half of 2023 to defend Trump and his advisers, among others, the Washington Post reported.
 

Business & Markets

 
  • Oil inventories are beginning to fall in some regions as demand outpaces supply constrained by deep production cuts from OPEC leader Saudi Arabia, providing support for prices which are expected to rise in coming months.
  • Manchester United signed a $1.1 billion deal with Adidas, renewing the English soccer club's partnership with its official kit supplier for 10 more years. United, whose US owners have been considering selling the Premier League club, will return to the lucrative UEFA Champions League this year.
  • Commercial real estate investors and lenders are slowly confronting an ugly question - if people never again shop in malls or work in offices the way they did before the pandemic, how safe are the fortunes they piled into bricks and mortar?
  • The euro zone returned to growth in the second quarter of 2023, with a greater than expected expansion after narrowly avoiding a technical recession around the turn of the year, preliminary data showed.
  • Banks working to develop global standards on accounting for carbon emissions in bond or stock sale underwriting have voted to exclude most of these emissions from their own carbon footprint, three people familiar with the matter said. 
  • Britain will grant more than 100 new oil and gas licenses in the North Sea as part of efforts to tap domestic supplies and become more energy independent, the government said. Sign up to the Reuters Power Up newsletter for more on the global energy industry.
 

Promising new Alzheimer's drugs may benefit whites more than Blacks

 

Barrington and Vickie Riley pose at the Emory University Brain Health Center in Atlanta, Georgia, US, July 12, 2023. REUTERS/Alyssa Pointer

Groundbreaking treatments for Alzheimer's disease that work by removing a toxic protein called beta amyloid from the brain may benefit whites more than Black Americans, whose disease may be driven by other factors, leading Alzheimer's experts told Reuters.

 

The two drugs – Leqembi, from partner biotech firms Eisai and Biogen and an experimental treatment developed by Eli Lilly, donanemab - are the first to offer real hope of slowing the fatal disease for the 6.5 million Americans living with Alzheimer's.

  • Insight: The growing evidence of a disparity around amyloid is raising questions among some scientists
 

And Finally...

 

A Colombia fan outside the Sydney Football Stadium at the FIFA Women’s World Cup Australia and New Zealand, Sydney, Australia, July 30, 2023. REUTERS/Carl Recine

Colombia's dramatic 2-1 victory over twice world champions Germany in Sydney was one of the great Women's World Cup upsets but the South American nation also set new standards for fans at the global showpiece on Sunday.

 

The most recent census showed there are only about 38,000 Colombian-born people living in Australia and it felt like every single one of them was in the Sydney Football Stadium for the match.

  • Read more: Passionate Colombia fans set standard at Women's World Cup
 

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