“I am honored to have the President’s endorsement and my intention is to earn and win this nomination. Over the past year, I have traveled across the country, talking with Americans about the clear choice in this momentous election,” Vice President Harris said in a statement.

Shortly after Biden dropped his reelection bid, Harris received endorsements from several prominent Democrats, including Bill and Hillary Clinton. Read the latest here: https://trib.al/BCst7oB

📷: NASA via Getty Images

Passing the baton to Kamala Harris is a $96 million bet that she can energize the campaign in the shortest presidential race in history. Read the Big Take to understand Biden's decision to drop out https://bloom.bg/46bFuDj

📷: Michael Reynolds/EPA/Bloomberg

Nigeria standoff: Aliko Dangote, Africa’s richest man, has been battling with authorities in his home nation Nigeria, scrapping a plan to invest in a steel plant as lawmakers consider a probe into the quality of fuel from his mega oil refinery. https://bloom.bg/46n6PT5

Shilling riot: Anti-government riots that disrupted Kenya’s economy for the past month and spooked investors are hurting its currency, which has suffered its longest decline since January. https://bloom.bg/3WbbfYF

Pensions law: South African President Cyril Ramaphosa signed a law that will give savers early access to part of their retirement funds. https://bloom.bg/4dedill

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Roblox is the internet's biggest playground for kids. But in its fight to keep pedophiles away, it's not always winning. Read our investigation here: ⁣https://trib.al/uXvKKqm
⁣
📷: Elliot Gray

BREAKING: Kamala Harris has enough pledged delegates to clinch the Democratic nomination for president, according to an AP survey https://bloom.bg/4cXuWKM

📷: Brendan Smialowski/AFP/Getty Images

India is unveiling its budget for the financial year, the first since Modi's party lost its majority in parliament. Follow our free-to-read live blog here: https://bloom.bg/3YesISn

📷: Prakash Singh/Bloomberg

Anti-graft rally: Ugandan police detained several protesters marching in the capital against alleged corruption in the nation’s parliament. https://bloom.bg/3A59THe

Price crash: The devaluation of the Egyptian pound has sent prices for big-ticket items like cars and furniture tumbling, leading to delayed purchases and impacting Egypt's consumer-driven economy. https://bloom.bg/4daeWVi

Rates hike: Nigeria’s central bank lifted its key interest rate for a 12th straight time to a record high. https://bloom.bg/3LCwsWE

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

🚨 LIVE: Does Modi 3.0's first budget kickstart India's transformation into a developed nation? Menaka Doshi analyzes the budget fine print with Sajjid Z. Chinoy, chief India economist of J.P. Morgan.

Register for free to watch live and submit questions: https://bloom.bg/3Sk6ACu

🎙 BTS, Blackpink and EXO brought global audiences to K-pop.

Now, Sohee Kim tells Sarah Holder why some say the industry’s plans for expansion are threatening its identity https://link.podtrac.com/jxfy2rhy

Having a Singapore passport means getting visa-free entry to a record 195 global destinations, putting the city state at the top on the Henley Passport Index. See the full list https://bloom.bg/3Sknwcb

📷: Roslan Rahman/AFP/Getty Images

New cabinet: Kenyan President William Ruto names John Mbadi as finance minister, as he extends an overhaul of his administration to end anti-government protests in which at least 54 people have died. https://bloom.bg/3LDYr8e

Unfriended: Facebook parent company Meta Platforms removed 63,000 accounts in Nigeria linked to scammers who were using its social media services to blackmail targets after soliciting intimate photos. https://bloom.bg/3WkdJUn

Gold is back: African nations are rushing to build their bullion reserves to hedge against geopolitical tensions that have battered their currencies and fanned inflation. https://bloom.bg/3ShwBT6

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Airline passengers around the world are winning some respite from the fare madness that followed the pandemic — and further price declines are coming https://bloom.bg/3WzyIEg

📷: Akos Stiller/Bloomberg

Climate targets missed: South Africa is falling short of its ambitious targets and commitments to combat and prepare for climate change, an advisory body appointed by the nation’s president said. https://bloom.bg/4flydFk

Food costs surge: Zambia’s annual inflation rate climbs in July to the highest level since December 2021, even as the southern African nation considers rules to curb increasing dollarization that’s making it harder to contain price pressures. https://bloom.bg/3WCj7Uo

Fuel price hike: Egypt raises prices for a wide range of fuel products by up to 15%, the latest trimming of state subsidies following a new pact with the International Monetary Fund. https://bloom.bg/4c0NxnQ

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Despite the explosive growth of K-pop to a $9.2 billion a year business, the industry is at a crossroads. To try and expand its global appeal, it’s consciously trying to become less. Korean.⁣
⁣
Read more about the K-pop industry's tactical shift here: https://trib.al/xFEbRNM
⁣
📷: Additional photography via Getty Images

Singapore wants to produce more of its own food, but local farmers say residents aren't eating it.

To find out why, and what else is going on in the city, read this week's free Singapore Edition newsletter: https://bloom.bg/3yf7A3Y

Nicolás Maduro declared winner of Venezuela's election, setting up a likely clash after exit polls suggested the opposition candidate winning https://bloom.bg/3zYd8Ap

📷: Gaby Oraa/Bloomberg

Short on gas: Nigeria, one of Africa's top oil producers, is running short of fuel days before planned protests over the high cost of living in the nation. https://bloom.bg/4cZFby5

Attracting investors: Ethiopia allowed its currency to trade freely in a bid to unshackle the economy, lure investors and entice lenders including the International Monetary Fund to provide $10 billion in new financing. https://bloom.bg/3WEsrXM

Party ban: South Africa’s ANC expels former leader Jacob Zuma for starting a rival political group that cost the party its parliamentary majority. https://bloom.bg/4d0tQ0u

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday

Some of Hong Kong’s wealthy families have been caught up in the city’s real estate slump, after selling luxury homes and other properties at losses of up to 60% to pay back loans. Read more: https://bloom.bg/4c3VmJo

📷: Google Maps

🎙 The people running small and midsize businesses in Japan have a problem: they don’t know how to raise prices. Reed Stevenson tells Rebecca Choong Wilkins why they need to pick up this lost skill now.

Listen to the Big Take Asia podcast https://link.podtrac.com/jxfy2rhy

IMF loan: Ethiopia’s defaulted international bond jumped after the IMF agrees to lend the country $3.4 billion over four years as part of an economic reform program. https://bloom.bg/3Souw7B

First place: Africa secured its first gold medal at the Paris Olympics, with South Africa's Tatjana Smith winning the women's 100m breaststroke. https://bloom.bg/46ujhRe

Explainer: Dire poverty, a slumping currency and investors keeping their distance. This is how Nigeria's economic crisis spiraled. https://bloom.bg/4d5pQMy

Sign up for our twice-weekly newsletter on where sub-Saharan Africa stands now — and where it’s headed at https://bloom.bg/3OsOf3y. Next Africa publishes every Tuesday and Friday