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Good monsoon outlook in India tempers ‘export curb’ fears

  Bloomberg Ample rice reserves in India, the world’s biggest exporter of the food staple, and expectations for bountiful monsoon rains should allay concerns about the possibility of any “drastic” measures to curb exports, according to National Commodities Management Services Ltd. Global markets are fretting that rice may be next on the agenda after India restricted wheat and sugar exports. ...

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Rajapaksa vows to finish term, not to stand for re-election

  Bloomberg President Gotabaya Rajapaksa vowed to finish the remaining two years in his term despite monthslong street protests calling for his ouster, but won’t stand for re-election as he focuses on fixing a financial mess that tipped Sri Lanka into its worst-ever economic crisis. “I can’t go as a failed president,” Rajapaksa said in a wide-ranging interview at his ...

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Johnson faces UK Tory leadership vote as party anger boils over

Bloomberg Boris Johnson will face a leadership vote in his ruling Conservative Party, after a series of missteps and scandals became too much for scores of Tory Members of Parliament. Senior Conservative MP Graham Brady said the threshold of at least 54 MPs — 15% of the Conservative total — has been met to trigger a confidence vote in Johnson, ...

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