Thursday, May 15, 2014

News - Daily Summary

In Eastern Ukraine thousands of unarmed steel workers took to the streets of Mariupol and took control away from separatists. This deals a major blow to separatists and Russia and undermines the move for self rule. Also, government troops in other areas are gaining the upper hand. Could the tide be turning? In the Turkey coal mine disaster, the death toll nears 300. There were more violent protests as well. Experts say that the accident could have been prevented. This is what happens when life is considered cheap and expendable. Shortcuts will always be taken to make some money. Venezuela is still in turmoil. The Syrian government looks to have used chemical weapons again. There were no new developments with North and South Korea, or China and Vietnam, Japan, and the Philippines.

In the U.S., San Diego County is still on fire. Over 10,000 acres have burned and most of the fires are believed to have been started by arson. The smoke is still heavy here in Southwest Riverside County.

Stocks were down today. Gold was down and oil was flat. Earnings news from retailers spooked the market. Especially disappointing earning news from Walmart. There were no other new developments other than the usual murder, mayhem, corruption, trivialities, and tragedies.

It was another day in the calm before the storm.

What do you think?