Slowly lower: Emerging market central banks cut interest rates for 18th month - Reuters

LONDON (Reuters) - Emerging market central banks continued to cut interest rates in July as policymakers battling the fallout from the coronavirus pandemic tried to shore up their economies, though the pace of reductions has slowed down considerably.

Interest rate moves by central banks across a group of 37 developing economies showed a net eight cuts in July following 16 cuts in June and May each.

July marked the 18th straight month of net cuts - the longest easing cycle for emerging market central banks since 2013.


Mauritius must brace for 'worst case scenario' after oil spill, says PM - Reuters

NAIROBI (Reuters) - A Japanese ship that ran aground on a reef off Mauritius two weeks ago has now stopped leaking oil into the Indian Ocean but the island nation must still prepare for “a worst case scenario”, Prime Minister Pravind Jugnauth said late on Monday.

Conservationists said they were starting to find dead fish as well as seabirds covered in oil, increasing fears of an ecological catastrophe despite a massive local cleanup operation that includes making floating booms from leaves and human hair.

Jugnauth said the leak from a damaged oil

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WHO decries 'vast global gap' in funds needed to fight coronavirus - Reuters UK

GENEVA (Reuters) - There is a “vast global gap” between funds needed to fight the coronavirus pandemic and funds committed, World Health Organization chief Tedros Adhanom Ghebreyesus said on Monday, and the WHO was only “10% of the way” there.

More than 19.92 million people have been reported to be infected by the coronavirus globally and 729,883​ have died, according to a Reuters tally.

Infections have been reported in more than 210 countries and


France's counter-terrorism prosecutor investigates Niger killings - Agricultural Commodities - Reuters Africa

PARIS, Aug 10 (Reuters) - France’s counter-terrorism prosecutor said on Monday it had opened an investigation for murder after gunmen killed six French aid workers in a wildlife park in Niger on Sunday.

A French military source said that French and Nigerien soldiers searched a wildlife reserve in Niger and the surrounding area for traces of the gunmen who also killed a Nigerien guide and a local driver.

Reporting by Tangi Salaun; Writing by Matthieu Protard; Editing by Alison Williams


Indian temple reports huge coronavirus outbreak as cases surge - Reuters India

MUMBAI/NEW DELHI (Reuters) - A well-known Hindu temple in India has seen more than 700 cases of the novel coronavirus among its staff in the past two months, a temple official said on Monday, as cases in the country surged past 2.2 million.

A health worker wearing a face shield and a protective face mask checks the temperature of a man with an electronic thermometer at a school in Mumbai, India, August, 10, 2020. REUTERS/Francis Mascarenhas

As Trump falters, Democrats and Biden eye an elusive prize: Texas - Reuters

(Reuters) - As polls show Texans increasingly frustrated with President Donald Trump’s response amid a massive resurgence in coronavirus cases, Democrats say they have a real chance to turn a long-held dream into reality: winning the state’s presidential contest for the first time in more than four decades.

FILE PHOTO: Democratic presidential candidate and former Vice President Joe Biden speaks about his plans to combat racial inequality at a campaign event in Wilmington, Delaware, U.S., July 28, 202

Germany: There are many indications of electoral fraud in Belarus - Reuters

FILE PHOTO: Police patrol during clashes with opposition supporters after polls closed at the presidential election in Minsk, Belarus, August 9, 2020. REUTERS/Vasily Fedosenko

BERLIN (Reuters) - There are numerous indications of fraud in Belarus’ presidential election, a spokesman for the German foreign ministry said on Monday, after the election commission said President Alexander Lukashenko had won 80% of the vote.

A German government spokesman told the same news conference that minimum standards were not adhered to in the vote and added


Sterling in limbo with markets bearish on dollar, bullish on euro - Reuters UK

LONDON (Reuters) - Sterling gained against a slightly stronger dollar on Monday after failing to hold onto last week’s five-month high of $1.3185, with traders expecting further swings.

FILE PHOTO: An English ten Pound note is seen in an illustration taken March 16, 2016. REUTERS/Phil Noble/Illustration

The pound was up 0.3% to $1.3087 at 1518 GMT after earlier falling 0.2%


China imposes sanctions on Republican U.S. lawmakers over Hong Kong - Reuters

BEIJING (Reuters) - China imposed sanctions on 11 U.S. citizens including lawmakers from President Donald Trump Republican Party on Monday in response to Washington’s imposition of sanctions on Hong Kong and Chinese officials accused of curtailing political freedoms in the former British colony.

FILE PHOTO: Senator Ted Cruz (R-TX) asks a question to Secretary of State Mike Pompeo during a Senate Foreign Relations Committee hearing on the State Department's 2021 budget, in the Dirksen Senate Office Building, in Washington

Russia fines Google for not blocking banned content: Ifax - Reuters

FILE PHOTO: After the company announced it would extend its coronavirus work-from-home order until summer 2021, a Google sign is shown at one of the company's office complexes in Irvine, California, U.S., July 27, 2020. REUTERS/Mike Blake

MOSCOW (Reuters) - A Russian court on Monday fined Google 1.5 million roubles ($20,350) after finding it guilty of failing to block content banned in Russia