Wednesday

July 6, 2016

Armed conflicts and attacks

CPP-NPA-NDF rebellion

Twenty Philippine Army soldiers are under investigation after they are suspected of mutilating the body of a New People's Army member. The communist militant's eyes were gouged, his tongue was cut off and his throat was slit. (GMA News)

Yemeni Civil War

A suicide car bomb, that targeted the Central Security headquarters in the port city of Aden, Yemen, kills at least 26 people. Following the blast, militants stormed the compound and clashed with soldiers. No group immediately claimed responsibility but it is similar to an Islamic State in Iraq and the Levant attack on the port of Al Mukalla. (AP via The New York Times) (Reuters)

Business and economy

The price of nickel swings wildly after Philippines environment secretary Gina Lopez announces plans to close existing mines in the country. (Financial Times) (Bloomberg)

Business magnate and former Italian prime minister Silvio Berlusconi sells leading football club A.C. Milan to a Chinese consortium for an eventual €400 million. (BBC)

Australian federal election, 2016

Standard & Poor's drops Australia's debt outlook from stable to negative following the country's surprisingly close election this weekend. (The Guardian)