Morning Minutes: What will make headlines, July 11, 2016

Prime Minister Lee Hsien Loong is set to take part in a dialogue at the Lee Kuan Yew World City Prize 2016 Laureate and Lee Kuan Yew Water Prize 2016 Awards Ceremony.
Prime Minister Lee Hsien Loong is set to take part in a dialogue at the Lee Kuan Yew World City Prize 2016 Laureate and Lee Kuan Yew Water Prize 2016 Awards Ceremony.ST PHOTO: LIM YAOHUI

Good morning! Morning Minutes is a round-up of stories that will break on Monday, July 11, and which we think you'd be interested in.

It appears on weekdays, available by 7am.

LKY awards: PM to take part in dialogue

Prime Minister Lee Hsien Loong will take part in a dialogue at the Lee Kuan Yew World City Prize 2016 Laureate and Lee Kuan Yew Water Prize 2016 Awards Ceremony.

PM Lee will be participating in a dialogue at the ceremony.

The session will be moderated by Prof Chan Heng Chee, Ambassador-at-Large and Chairperson, Lee Kuan Yew Centre for Innovative Cities, Singapore University of Technology and Design.

Angela Eagle to launch Labour Party leadership bid


British opposition lawmaker Angela Eagle is set to launch a bid to replace Jeremy Corbyn as leader of the Labour Party. PHOTO: REUTERS

British opposition lawmaker Angela Eagle is expected to launch a bid today (July 11) to replace the embattled Jeremy Corbyn as leader of the Labour Party, which is facing its worst crisis in three decades. Mr Corbyn, who was elected party chief only last September, has faced fierce criticism after the June 23 Brexit vote for his lukewarm campaigning in favour of staying in the EU.

Eagle, 55, was the shadow first secretary of state – implying seniority over other front-bench spokespersons – before she and a host of others quit the so-called shadow Cabinet en masse last month in protest against Mr Corbyn. If she wins the contest, she would be the first openly gay leader of a major British political party. But the socialist Mr Corbyn vowed on Sunday to fight on, saying he expected to automatically be on the ballot for an upcoming leadership contest without needing to be nominated by party lawmakers.Labour’s national executive committee will convene a special meeting on Tuesday to rule on whether Mr Corbyn needs to have the support of 51 MPs to get on the ballot paper alongside Eagle and any other contenders. 

EU finance ministers meet in Brussels  


A British flag and European Union flags flutter outside the EU Commission headquarters in Brussels. PHOTO: REUTERS

European Union finance ministers will meet in Brussels today (July 11), with plenty to discuss. Britain’s decision to leave the EU , or Brexit, will be among the major subjects that they Eurogroup will likely have on their plate. So is the fate of Italy and its banking sector, which observers say is on the brink of collapse. Investors will be watching today’s meeting closely to see if EU ministers will budge on allowing Italy to bail out its third biggest bank, a move that Germany has vetoed.