Boris Johnson bows out as British prime minister

The Reuters Daily Briefing Tuesday, September 6, 2022 by Linda Noakes Hello Here's what you need to know. Congress returns, Boris bows out, and why bitcoin's no longer the king of the swingers Today's biggest stories Outgoing Prime Minister Boris Johnson and his wife Carrie Johnson come out from Number 10 Downing Street in London, September 6, 2022 WORLD Boris Johnson bowed out as British prime minister, ending a tumultuous three years in office and bequeathing his successor Liz Truss a daunting list of problems to tackle. Only one in seven Britons say that Truss will be a better prime minister than Johnson, according to a snap poll by YouGov, with around a quarter of people feeling she will be worse. The U.N. nuclear watchdog is due to issue a report on the Zaporizhzhia nuclear power station in Ukraine today, a day after shelling cut its electricity supplies for the second time in two weeks and raised fears of a catastrophe. Meanwhile, President Vladimir Putin approved a new foreign policy doctrine based around the concept of a 'Russian World,' a notion that conservative ideologues have used to justify intervention abroad in support of Russian-speakers. Chinese firefighters worked in treacherous terrain to help evacuate more than 11,000 people after a magnitude-6.8 quake struck China's mountainous southwestern province of Sichuan a day earlier, killing at least 66 people. Pakistan was scrambling to widen a breach in its biggest lake and keep the waters from overflowing amid unprecedented floods that have inundated a third of the South Asian nation, as a U.N. official warned of more misery in store. In India, authorities in Bengaluru used tractors to rescue residents of posh housing estates marooned by floods after two days of torrential rain brought chaos to the technology hub. Canada's largest manhunt extended into its third day with hundreds of officers searching for the lone surviving suspect in a stabbing spree that killed 10 people on Sunday, roiling a country where mass violence is rare. President Joe Biden delivers remarks on Labor Day at Henry Maier Festival Park in Milwaukee, Wisconsin, September 5, 2022 U.S. President Joe Biden assailed "MAGA Republicans" loyal to former President Donald Trump as he spent Labor Day working to ensure union workers provide strong turnout for Democratic candidates in the November elections. Congress needs to pass a stop-gap bill to keep the federal government funded and could also vote on protecting gay marriage rights during a brief Washington work period starting today before Democrats and Republicans return to the campaign trail. U.S. states have enacted more than 30 new voting restrictions since 2020, from voter ID requirements to limits on mail-in voting, fueling tensions between Republicans and Democrats. We explain how new U.S. laws could trip up voters. We also take a look at how Americans are being deluged by ads in the fight to control Congress. A federal judge agreed to appoint a special master to review records seized by the FBI during its search of Trump's Florida estate, a move that is likely to delay the Justice Department's criminal investigation. We look at how attorney-client privilege will affect the Trump records probe. The blank-check acquisition firm that agreed to merge with Trump's social media company failed to secure enough shareholder support for a one-year extension to complete the deal, people familiar with the matter said. The transaction has been on ice amid civil and criminal probes into the circumstances around the deal. People take part in a left-wing protest against increasing energy prices and rising living expenses in Leipzig, Germany, September 5, 2022. The banner reads: 'Let the rich pay for the crisis. Prices down, wages up!'. BUSINESS Finland and Switzerland provided billions in financial support to power companies, as Europe scrambles to secure energy supplies in a deepening crisis sparked by Russia's move to shut a major gas pipeline. Nord Stream 1 will not resume pumping until Siemens Energy repairs faulty equipment, Gazprom’s Deputy Chief Executive Vitaly Markelov told Reuters. The hit to the euro zone economy and its currency from the deepening energy crisis is so severe that more aggressive monetary tightening from the European Central Bank will do little to stop the euro's slide. German airline Lufthansa said it would make an improved offer to pilots today in a bid to stop an escalation of a wage dispute after the union said it would go on strike again this week. Volkswagen announced its intention to float sports car brand Porsche, triggering what could become one of the world's largest listings. We look back at the long and winding road to the IPO. Credit Suisse is selling its global trust business, an offshore arm for wealthy clients, as it embarks on an overhaul of its business following a series of scandals. By using bigger cells and a new process to dry-coat electrodes, Tesla could halve the cost of a Model Y battery, saving more than 8% of the car's U.S. starting price. The bad news is that it's only halfway there. We go inside Tesla's drive to keep Elon Musk's battery promise. CRYPTOVERSE Bitcoin's been called a lot of things. Buzzy, beguiling, baffling, even bogus. But never boring. Yet, of late, it's been eerily subdued. Read our weekly analysis of the wild world of cryptocurrencies Quote of the day "I am now like one of those booster rockets that has fulfilled its function and I will now be gently reentering the atmosphere and splashing down" Boris Johnson says farewell, for now Video of the day Typhoon slams into South Korean port city Busan Thousands of South Koreans were evacuated as Typhoon Hinnamnor hit southern parts of the country. And finally… Dream job: the Japanese man who gets paid to do nothing Shoji Morimoto charges $71 per booking to accompany clients and simply be a companion. "Basically, I rent myself out. My job is to be wherever my clients want me to be and to do nothing in particular." More from Reuters Sustainable Business Future of Health Disrupted Legal News Breakingviews Thanks for spending part of your day with us. You are receiving this email because you signed up for newsletters from Reuters. No longer want to hear from us? Unsubscribe from The Reuters Daily Briefing. 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