Monday

June 27, 2016

Armed conflicts and attacks

At least two people are killed and 72 are injured following a grenade attack on a concert at the Mahamasina Municipal Stadium in Madagascar's capital, Antananarivo. (Reuters)

Syrian Civil War spillover in Lebanon

A suicide bomber attacks the Lebanese village of Qaa near the Syrian border, with at least six people dead and 13 people injured. (BBC)

Business and economy

Brexit impact

The value of the British pound initially falls by more than 2% as Asian markets open to a decline. (Reuters)

A number of analysts, including Ralf Preusser from Bank of America and Ric Deverell from Credit Suisse, believe that the United Kingdom economy is heading into a recession. (Poundsterlinglive)

The Dow Jones drops by more than 300 points in early trading, but rebounds a bit to close at a loss of 260.51. (CNBC)

Standard & Poor's downgrades the UK credit rating from AAA to AA with a negative outlook. Fitch follows by downgrading UK from AA+ to AA. (The Guardian)

Volkswagen emissions scandal

Volkswagen faces settlement costs of $15 billion to settle lawsuits in the United States resulting from the rigging of emissions tests. (Bloomberg)