SATURDAY 7/26/14

A Chinese river that runs through the Zhejiang province turns blood red. Local paper, clothing and food-coloring companies are under investigation for potential illegal dumping. Residents say the bloody red waterway smells foul. China continues to lay in a bed of pollution. Many Chinese, foreign nationals and contractors have fled Beijing due to the worries of lasting negative health effects due to the detrimental air pollution.

Norwegian Air deals with a PR nightmare as 200 passengers are held over for two days since a part for the Boeing 787 airplane was not available. BA stock crumbles from 130 to 121 over the last three days, -7%, and should see active trading come Monday. The Boeing 787 Dreamliner is experiencing a nightmare.

[Text is Redacted: Purchase July 2014-07 to Read the Complete Chronology]

The US embassy in Libya is evacuated and closed since no one wants a repeat of the Benghazi terrorist attack. Regional militias and tribes are battling for control across Libya ever since Muammar Gaddafi was killed three years ago. Rebels are fighting over the Tripoli Airport and the smoke is visible for miles. Brent crude oil price dropped recently as the Libya ports reopened for oil exports but Brent runs quickly above 108 as violence increases in this lawless nation.

A new moon occurs today; the darkest time of the month. Israel says it plans to expand its operation into Gaza which makes sense under the new moon. The military with the superior infrared and night vision technology (Israel) prefers to operate at the darkest time of the month and this is noted by the increased fighting in Gaza once the sun goes down. Since the new moon is now waning, Israel will likely be more open to bringing the Gaza incursion to an end since an advantage in the fighting would be lost, at least until the next new moon 8/25/14. Perhaps the Israeli offensive is reaching a crescendo this weekend and early in the new week as day 19 of the conflict occurs and day nine of the incursion into Gaza. The temporary cease fire ends at 8 PM local time (1 PM EST).

COST, WMT and Trader Joe’s recall fruit from Wawona Packing Company in California due to potential listeria contamination. Consumers must destroy the nectarines, peaches and plums or return them to the store for a refund.