neeners

 

The world this week this week

July 30, 2016

 

A terrorist plot at the Olympics was thwarted by police in Brazil, who said the would-be terrorists were "unprepared amateurs."

 

Two assailants were shot and killed by police after they slit the throat of Father Jacques Hamel, near Rouen in northern France.

 

Britain’s prime minister, Theresa May, assured that the border between Ireland and Northern Ireland would not revert to the strict passport requirements of the pre-EU era. Irish passport applications by citizens of Northern Ireland are up 60%.

 

Palestine plans to sue Britain over its 1917 Balfour Declaration, which proposed the establishment of Palestinian territory for Jewish settlers.

 

The vice president of South Sudan was fired by the president for leading an attempted overthrow of the government.

 

Two journalists were jailed for mailing their Hong Kong publication to mainland China, which is less tolerant of freedom of the press.

 

In Japan, an employee of a disabled-care facility stabbed 44 residents, killing 19. Known to believe in euthanasia of the disabled, he turned himself into police.

 

Business

Yahoo, which has been struggling with earnings, will sell most of its business holdings to Verizon.

 

AB InBev and SABMiller continue to move toward a merger that would give them one-third of the world’s beer market.

 

1MDB (1Malaysia Development Berhad), a state-owned foreign-investment group,  is undergoing an FBI investigation into funneling of funds to Prime Minister Najib Razak, and the fund’s banking practices with Goldman Sachs and banks in the UK, Australia and Hong Kong.

 

BP’s profits for the first half of 2016 are down 44% from the first half of 2015. Shell’s are down 72%.

 

Twitter’s revenue and number of users seems to be stalling out, which may prompt major changes by CEO Jack Dorsey.

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