Armed conflicts and attacks
2016 India–Pakistan military confrontation
Pakistani officials say nine civilians have been killed after cross-border Indian shelling hit their passenger bus in Neelam Valley, northeast of Muzaffarabad, while three Pakistani soldiers were killed in other cross-border firing incidents. (Reuters), (The Washington Post)
Business and economy
Peabody Energy says it plans to file a reorganization plan in the middle of December because recent increases in the price of coal have eased conflicts among its creditors. (Reuters)
Economy of Brazil
The Brazilian Development Bank announces plans to repay up to $29 billion in loans to the Government of Brazil in order to stem a burgeoning deficit. (Reuters)