Yesterday's panic-buying stocks into the close to ensure The Dow closed May in the green has now been entirely erased as Oil plunges to a $47 handle...
This is oil's biggest drop in 3 weeks...
Crude is tumbling despite notable weakness in the US Dollar...
Submitted by Michael Snyder via The End of The American Dream blog,
Be afraid... be very afraid (oh and lay down your arms)...
Source: The Burning Platform
Dozens of people including children were seriously injured in two separate lightning strikes in Germany and France. In France eight children and three adults were hit by lightening on Saturday afternoon, according to the fire service. Daily Star reports: Six were severely injured in the horror accident during a violent thunderstorm. They were at a child’s birthday party in Parc Monceau in north-west Paris. Police said a medical unit was set up on site to treat the victims with “absolutely urgency”.
An engine on a KoreanAir plane caught fire on the runway at Haneda Airport in Japan just before taking off. Over 300 passengers and 17 crew members were all safely evacuated from the jet and all flights were temporarily suspended at the airport. According to RT, the incident took place as Flight 2708 was preparing to head to Seoul. At least two fire trucks arrived to battle the flames, Japanese television reported. It also showed emergency chutes and the plane surrounded by white foam. The cause of the incident is as yet unknown