The number of bank failures rises to 78 so far this year as 3 banks in Florida, 1 in Nevada, and 1 in California shut down on Friday, May 28. The number of banks expected to fail this year is more than 140, the number of failed banks in 2009.
The Israel Navy opened fire on an unarmed, six-ship aid flotilla headed for Gaza. The flotilla is carrying 10,000 tons of humanitarian aid and supplies to the Gaza strip. Israel and Egypt have been enforcing a blockade of the seaside area for nearly three years, provoking widespread criticism for the ensuing humanitarian crisis. Various reports put the number killed from the Israeli attack between two and ten. Scores were injured. Israel attacked the flotilla, loaded with medicine, food and supplies, in international waters about 40 miles from the Gaza coast.
The flotilla carried roughly 700 humanitarian activists including several European government officials, an elderly Holocaust survivor and Mairead Corrigan Maguire, the 1976 Nobel Peace Prize winner from North Ireland. By violently attacking the peaceful collection of activists who hailed from many different countries all over the world, Israel risks provoking a major international backlash against them.
Oddly, CNN has still not reported about this extremely important incident, one that could set in motion a major war.