Wednesday

July 8, 2015

Armed conflicts and attacks

At least 22 people are killed in clashes between Arab and Berber communities in Ghardaia, Algeria. (BBC)

Boko Haram insurgency, Timeline of Boko Haram insurgency

Suspected militants from the Nigerian Islamist group Boko Haram killed 26 people in attacks on two villages on Lake Chad, Chad. (Daily Star via Reuters)

Yemeni Crisis (2011–present)

The Yemeni government in exile announces that it has reached a truce with the Houthi rebels. (Al-Arabiya)

Business and economy

The British bank Barclays fires Chief Executive Antony Jenkins for his failure to reduce head count and the pace of cost cutting with Chairman John McFarlane to act as interim CEO until a replacement is appointed. The bank was recently convicted of earning billions through fraud as part of the LIBOR scandal (BBC), (The Guardian)

Chinese stock market collapse: The Shanghai stock market falls 30% over the past three weeks as 1,400 companies, or more than half listed, file for a trading halt in an attempt to prevent further losses. (The Guardian)

Microsoft announces another 7,800 job cuts primarily in its struggling phone division acquired from Nokia. (Wired)

The New York Stock Exchange stops trading for nearly four hours due to a technical error. (CNN)

Staff workers for the London Underground begin a 27-hour strike after management and labor unions were unable to reach a deal regarding overnight train services. (BBC)