Trump's intimidation tactics

Plus, Paetongtarn elected Thailand's youngest PM.

Sign up for Reuters newsletters  Daily Briefing Daily Briefing By Kate Turton Thailand's parliament elects political neophyte Paetongtarn Shinawatra as its youngest prime minister, anger over the brutal rape and murder of a doctor in India shows no signs of dying down, and mpox is detected in Pakistan. Plus, read our special report on Donald Trump's intimidation tactics and how they have reshaped the Republican party.  Today's Top News   Paetongtarn Shinawatra is confirmed as the country's next prime minister. REUTERS/Chalinee Thirasupa Thailand's parliament elected political neophyte Paetongtarn Shinawatra as its youngest prime minister, only a day after she was thrust into the spotlight amid an unrelenting power struggle between the country's warring elites. Breaking News Correspondent Shilpa Jamkhandikar tells the daily Reuters World News podcast how a brutal rape-murder case in India has led to shock and anger on the streets of India - listen now. Student demonstrators who ousted Prime Minister Sheikh Hasina have rejected calls from Bangladesh's two main political parties for quick elections and are considering creating their own party to cement in place reforms. Pakistan's health ministry has confirmed at least one case of the mpox virus in a patient who had returned from a Gulf country, it said, as provincial health authorities reported they had detected at least three cases. An influential aide to Russian President Vladimir Putin said that the West and the US-led NATO alliance had been directly involved in planning Ukraine's surprise attack on Russia's Kursk region. US news The US has negotiated down the prices of 10 top-selling prescription drugs used by Medicare by as much as 79%, hoping to save $6 billion in the first year as part of a plan hailed by President Joe Biden with the aim to ease anger about high prices ahead of November elections. Two doctors and three others including a personal assistant to Matthew Perry have been charged with supplying the "Friends" star with ketamine, the powerful sedative that caused his overdose death nearly a year ago, authorities said. Business & Markets Another round of bad Chinese economic figures is raising pressure on Beijing to loosen the fiscal spigot further and even dole out shopping vouchers to get growth back towards this year's target of roughly 5%. Scams such as recruitment for non-existent jobs, false advertising and loan traps are growing in China as the economy falters, with the top legal prosecuting agency saying last year that crooks were targeting more students and fresh graduates. Texas Instruments will receive as much as $1.6 billion in direct funding from the US Commerce Department to support the construction of three new domestic facilities, the analog chipmaker said. German automaker BMW and its joint venture will recall a combined 1.36 million locally produced and imported cars in China due to potential risks with the Takata airbag, China's market regulator said. Britain's Revolut has been valued at $45 billion through a secondary share sale to new and existing investors, the financial technology firm said, making it worth more than some of Europe's biggest banks. Deutsche Bank has proposed a settlement to shareholders who sued Germany's largest bank for underpaying them for the acquisition of Postbank but the offer is too low, a lawyer for the plaintiffs said. TikTok told a federal appeals court that the US Department of Justice has misstated the social media app's ties to China, urging the court to overturn a law requiring China-based ByteDance to sell TikTok's US assets or face a ban. The week ahead Central bank chiefs congregate in Jackson Hole for their annual retreat. The Democratic National Committee holds its convention in Chicago to celebrate the nomination of Kamala Harris.  Purchasing managers' indexes deliver a real-time snapshot of economic activity - with most of them out on Thursday. Here's your guide to the week ahead in financial markets. How Trump's intimidation tactics have reshaped the Republican party     Trump speaks at a campaign event in Asheville. REUTERS/Jonathan Drake As Donald Trump enters the final stretch of the presidential campaign, he's purged his Republican party of lawmakers and officials deemed as disloyal. But his obsession with loyalty may cost him critical voters in a tight race. Read our special report And Finally... The moon is pictured with the Olympic cauldron and the Eiffel Tower in Paris, France, August 9. REUTERS/Christian Hartmann A selection of our top photography from around the world this week. View the photos Sponsors are not involved in the creation of newsletters or other Reuters news content. 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