Thursday

March 12, 2015

Armed conflicts and attacks

A U.S. drone strike in Somalia near the town of Bardhere kills the mastermind al-Shabab terrorist Aden Garaar responsible for the September 2013 three-day siege Westgate shopping mall attack in Nairobi, Kenya, in which 67 people were killed by four gunmen. (AP)

Business and economy

The United Steelworkers union and Royal Dutch Shell negotiate a contract, pending union ratification, to end of a six-week strike that began February 1 that has affected twelve U.S. refineries. Previously, the strike had been cited as a reason for recent oil price increases. (AP)

In New York City, U.S. district court judge Thomas Griesa expands the force of his existing remedial rulings in the ongoing litigation over the Argentine debt restructuring, blocking planned bond payments by Citigroup. The Citigroup processing of payments would violate a requirement that Argentina treat bondholders equally. (Reuters)