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Hazard and Event Risks 

  • Recently in Libya, it was reported that for a second day, the Libyan National Army, led by Khalifa Haftar, conducted an air strike on a military base in Tripoli’s Mitiga International airport, which targeted a Turkish plane accused by the LNA of supporting the Government of National Accord and its forces. 
  • Mount Sinabung in Indonesia erupted for approximately nine minutes earlier this month, spewing a 4.3 mile ash column and aftershocks were also reported. Operational and Physical Risks
  • Last week, the Yemeni rebel group Houthis, carried out a missile attack on the arrivals terminal at Abha airport, located in the southern region of Saudi Arabia. At least 26 people were injured in the attack, and 8 of them were taken to the hospital. Thousands of Nicaraguans went on a nationwide strike to complain about the current government led by President Daniel Ortega last week. 

Operational and Physical Risks

  • As reported on earlier this month, heavy rainfall, marking the beginning of the rainy season that typically lasts from June to July, is hitting western Japan.
  • A protest march was held in Hong Kong this month against an extradition law, government-sponsored legislation which if approved will permit suspects to be judged in mainland China. 
  • In India, the Indian Meteorological Department reported that the Tropical Cyclone Vayu, which is expected to make impact as the equivalent of a category two Hurricane, would likely hit the northeastern coastline late last week. 

Technology and Information Risks

  • As reported earlier this month, a German information security agency informed about firmware-based malicious software present on several Android devices, including the Doogee BL7000, the M Horse Pure 1, and the Keecoo P11 models. 
  • In the U.S., malware shut down Philadelphia’s court system last week, blocking anyone from filing documents or foreclosures postponements, signing up for jury duty, navigating the court’s website, and using its e-mail system. 
  • A security researcher discovered last week a vulnerability in Vim and Neovim, the most highly used command-line text editing applications which are pre-installed in most Linux-based operating systems. 

Market and Economic Risks

  • The car manufacturer, Ford, announced that it would close its engine plant in Bridgend, Wales in the U.K by September 25, 2020. 
  • Last week, it was reported that Fiat Chrysler Automobiles and Renault were looking for alternatives, as to revive the merger plans that collapsed on June 6. 
  • U.S. President Donald Trump announced he might use sanctions against Germany and Russia in order to stop the construction of the Nord Stream 2 gas pipeline, also known as North European Gas Pipeline, a project in which both countries are involved.

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