Friday, October 17, 2008

FRESH OR FREEZE FRIDAY

EU DICTATOR (WORLD LEADER)

REVELATION 17:12-13
12 And the ten horns (NATIONS) which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
13 These have one mind, and shall give their power and strength unto the beast.

REVELATION 6:1-2
1 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.
2 And I saw, and behold a white horse:(PEACE) and he that sat on him had a bow;(EU DICTATOR) and a crown was given unto him:(PRESIDENT OF THE EU) and he went forth conquering, and to conquer.(MILITARY GENIUS)

REVELATION 13:1-10
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.(THE EU AND ITS DICTATOR IS GODLESS)
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.(DICTATOR COMES FROM NEW AGE OR OCCULT)
3 And I saw one of his heads as it were wounded to death;(MURDERERD) and his deadly wound was healed:(COMES BACK TO LIFE) and all the world wondered after the beast.(THE WORLD THINKS ITS GOD IN THE FLESH, MESSIAH TO ISRAEL)
4 And they worshipped the dragon (SATAN) which gave power unto the beast:(JEWISH EU DICTATOR) and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?(FALSE RESURRECTION,SATAN BRINGS HIM TO LIFE)
5 And there was given unto him a mouth speaking great things and blasphemies; and power was given unto him to continue forty and two months.(GIVEN WORLD CONTROL FOR 3 1/2YRS)
6 And he opened his mouth in blasphemy against God,(HES A GOD HATER) to blaspheme his name, and his tabernacle, and them that dwell in heaven.(HES A LIBERAL OR DEMOCRAT,WILL PUT ANYTHING ABOUT GOD DOWN)
7 And it was given unto him to make war with the saints,(BEHEAD THEM) and to overcome them: and power was given him over all kindreds, and tongues, and nations.(WORLD DOMINATION)
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.(WORLD DICTATOR)
9 If any man have an ear, let him hear.
10 He that leadeth into captivity shall go into captivity: he that killeth with the sword must be killed with the sword. Here is the patience and the faith of the saints.(SAVED CHRISTIANS AND JEWS DIE FOR THEIR FAITH AT THIS TIME,NOW WE ARE SAVED BY GRACE BUT DURING THE 7 YEARS OF HELL ON EARTH, PEOPLE WILL BE PUT TO DEATH (BEHEADINGS) FOR THEIR BELIEF IN GOD (JESUS) OR THE BIBLE.

THE WEEK OF DANIEL 9:27 WE KNOW ITS 7 YRS

Heres the scripture 1 week = 7 yrs Genesis 29:27-29
27 Fulfil her week, and we will give thee this also for the service which thou shalt serve with me yet seven other years.
28 And Jacob did so, and fulfilled her week: and he gave him Rachel his daughter to wife also.
29 And Laban gave to Rachel his daughter Bilhah his handmaid to be her maid.

DANIEL 9:26-27
26 And after threescore and two weeks shall Messiah be cut off, but not for himself: and the people of the prince that shall come (ROMANS IN AD 70) shall destroy the city and the sanctuary;(ROMANS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.
27 And he( EU ROMAN, JEWISH DICTATOR) shall confirm the covenant with many for one week:( 7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,( 3 1/2 YRS) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.

Barroso and Sarkozy plead for permanent EU presidency
ELITSA VUCHEVA Today OCT 17,08 @ 09:27 CET


EUOBSERVER / BRUSSELS - European Commission President Jose Manuel Barroso and French President Nicolas Sarkozy - currently chairing the EU - have urged the need for a permanent EU presidency to replace the rotating system.We need a president of the Council [the institution representing EU member states] that does not change every six months, Mr Barroso told journalists at the end of an EU leaders' meeting in Brussels on Thursday (16 October). To lead [EU] member states, we need a very strong presidency.French leader Nicolas Sarkozy - could he be the first permanent EU president? The EU's Lisbon treaty - rejected by Ireland in June but already ratified by 22 EU states - puts forward a permanent head of the council as one of its key reforms.Relations between Mr Barroso and Mr Sarkozy have warmed in the last months, with the French president referring to Mr Barroso by his first name, Jose Manuel, during Thursday's post-summit press conference and with the commission president even proposing the French leader fill the post.I do not know whether we are in condition to propose to president Sarkozy to be president of the European Council - I think he does not want it after his experience in the last months, Mr Barroso said referring to the Russia-Georgia conflict and the financial crisis, which the French president has had to tackle.In any case, me, I would vote in favour, of course, Mr Barroso added, smiling.Mr Sarkozy stressed that the current situation of the EU presidency rotating from country to country every six months must change, so that tough dossiers do not keep being passed around.But he made it clear that EU president or not, he would remain closely involved in the bloc's affairs.It is not because one is not president of the Council that one can say nothing in Europe. France will continue to say things [after its presidency ends on 31 December]. We will perhaps still have the right, no? he said.

Yes, Mr Barroso replied.French presidency noted 11.5 out of 20 at mid-term

Meanwhile, an independent Brussels-based think-tank has said the French presidency of the EU deserves a mark of 11.5 out of 20 for its mid-term performance.The Thomas More Institute for European studies gave Paris its highest marks – nine and eight out of 10 respectively – for delivering an immigration pact, which will govern the way the bloc tackles migration and which EU leaders adopted on Thursday (16 October), and its plans to deal with the global financial crisis. But France can do better when it comes to climate change and energy security, and has only provided minimum service to deal with the EU's institutional turmoil provoked by the Irish rejection of Lisbon, the Institute said on Wednesday.The think-tank based its assessment on a study of 12 major themes of the French EU presidency – which started on 1 July – and took into account not only the results obtained but also the implications and capacity of [French president] Nicolas Sarkozy and the French government to work in concert with France's partners.

DANIEL 7:23-24
23 Thus he said, The fourth beast(THE EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADE BLOCKS)
24 And the ten horns out of this kingdom are ten kings that shall arise:(10 NATIONS) and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.(BE HEAD OF 3 KINGS OR NATIONS).

Ireland to work with EU lawyers on Lisbon opt-outs
PHILIPPA RUNNER Today OCT 17,08 @ 09:15 CET


Irish Taoisach Brian Cowen said his government is consulting with EU council legal services on drafting possible opt-outs to the Lisbon treaty, speaking after an EU summit in Brussels on Thursday (17 October).We are prepared to go into that process in good faith, he said, the Irish Times reports, with the structure of the European Commission, EU military integration, taxation and civil rights the likely areas of concern.The Irish leader also underlined his personal support for the Lisbon document and used Iceland's financial meltdown to show the benefits of EU and eurozone membership.There is a huge body of opinion - not shared by the Irish people as things stand - that sees the need for stronger institutions, for better decision-making processes, for more effective decision-making to make sure we can deal with challenges that transcend national boundaries, Mr Cowen said.I wouldn't like to think what the situation would be if we ended up like them [Iceland] with our own currency, he added. The access to the resources of the ECB [European Central Bank] far outweighs the resources of the Irish central bank or Iceland's central bank.

Ireland rejected the Lisbon treaty in a referendum in June, causing a headache for the country's pro-European Fianna Fail government, with 22 other EU states having already completed ratification.The Irish leader on the first day of the EU summit pledged to come up with a road map in time for the EU summit in December for getting out of the situation.But any future solution is unlikely to be in place in time for the June 2009 European elections, in a situation that will see 12 EU states lose 15 MEPs between them in order to comply with exisiting Nice treaty rules.A debate in Ireland's upper house - the Seanad - on Thursday saw senator Eugene Regan, a lawyer and a member of the equally pro-European Fine Gael opposition party, suggest the EU runs the elections on Lisbon rules anyway.I don't believe any constitutional issue arises here. I do think it is a problem that we have created, he said.

CNN NEWS VIDEO
http://edition.cnn.com/video/

YAHOO NEWS VIDEO
http://news.yahoo.com/video

MIDEAST CONFLICT NEWS
http://news.yahoo.com/video/1874;_ylt=A0wNcxFdg6xIgbkAwD6z174F

ABC NEWS VIDEO
http://news.yahoo.com/video/2461

FOX NEWS VIDEO
http://news.yahoo.com/video/3074

FOX BUSINESS VIDEO
http://news.yahoo.com/video/3045

AP NEWS VIDEO
http://news.yahoo.com/video/2529

BBC NEWS VIDEO
http://news.yahoo.com/video/2918

REUTERS VIDEO NEWS
http://news.yahoo.com/video/2704

AFP NEWS VIDEO
http://news.yahoo.com/video/3091

CNBC NEWS VIDEO
http://news.yahoo.com/video/3245

HOARDING OF GOLD AND SILVER

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM

WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/

HALF HOUR DOW RESULTS FRI OCT 17,2008

09:30 AM -13.86
10:00 AM -44.10
10:30 AM -52.01
11:00 AM -10.52
11:30 AM -53.77
12:00 PM -43.37
12:30 PM +13.54
01:00 PM +147.19
01:30 PM +220.20
02:00 PM +223.89
02:30 PM +140.50
03:00 PM +90.40
03:30 PM -10.92
04:00 PM -127.04 8852.22

S&P 500 940.55 -5.88

NAS 1711.29 -6.42

GOLD 786.0 -18.5

OIL 72.01 +2.16

TSE 300 +269.17 9,539.14

CDNX +8.33 946.12

S&P/TSX 60 +15.67 574.79

HANG SENG -676.31

HONG KONG -148.94

UK FTSE +201.62

GER DAX +158.52

Down down 259 points at low today.
Dow up 260 points at high today.
CBOE Volatility Index surges to record high $81.17 Thursday.
Gold down 7 straight days.
Michigan consumer sentiment drops to 57.5 in Oct. VS 70.3 in Sept.
TSX down 200 points at its low today.

Warren Buffett says:Buy America,I do.

Warren Buffetts holdings,American Express,Anheuser Bush,Bank of America,Burlington Northern Santa Fe,Carmax,Coca-Cola,Comcast,Comdisco Holdings,Costco Wholesale,Gannett,General Electric,GlaxoSmithKline,Home Depot,Ingersoll Rand,Iron Mountain,Johnson&Johnson,Kraft,Lowe's Company,M&T Bank,Moody's,Nike,Norfolk Southern,NRG Energy,Procter&Gamble,Sanofi Aventis,SunTrust Banks,TorchMark,Union Pacific,UnitedHealthGroup,UPS,US Bancorp,WABCO Holdings,Wal-Mart,Washington Post,Well Point,Wells Fargo,Wesco Financial.

WHAT A WEEK AGAIN

82 of S&P 500 REPORTING
Earnings ACTUAL 33.7%, BLENDED 9.1%
BEAT CONSENSUS 59%, MISSED CONSENSUS 27%

GOOD BAD NEWS THIS WEEK

BAD NEWS
-Dramatic Volatility due to uncertainty over 2009 earnings.
-Economic News even worse than anticipated.
GOOD NEWS
-Lower Libor rates.
-Signs the corporate paper market is thawing.
-Earnings from large financial roughly in line.

NEXT WEEK

-Look for less shell-shocked analysts,fund managers.
-If patterns hold,look for selloff-MON,TUE.
-Improvement in Libor,CP market could bring bottom.
HOPE IS TO SEE:
-Analysts,fund managers grope for clarity on 2009 earnings.
-Distinguishing Winning/Losing sectors.

THIS WEEK

DOW Industrials up 4.7%
DOW Transports down 1.3%
S&P 500 up 4.6%
NASDAQ COMP. up 3.7%
RUSSELL 200 up 0.7%

European markets post modest rally By PAN PYLAS, AP Business Writer Pan Pylas, Ap Business Writer – OCT 17,08

AP – Members of the German parliament cast their votes for a national law to restore confidence in the battered … LONDON – European stock markets were modestly higher Friday after Wall Street rebounded strongly overnight and Japan's Nikkei recovered from its historic fall in the previous day's session.The FTSE 100 index of leading British shares was 42.03 points, or 1.1 percent, higher at 3,903.42, while Germany's DAX was up 11.38 points, or 0.3 percent, at 4,634.19. France's CAC-40 was up 37.28 points, or 1.2 percent, at 3,218.28.Even though stock markets were up Friday, traders remained nervous after an extremely volatile week when massive gains on Monday and Tuesday were mostly erased in the following two sessions. That volatility was evident Thursday on Wall Street where a late wave of buying lifted the Dow Jones index 4.7 percent to 8,979.26, a swing of more than 800 points over the day. The Dow remains up 528 points, or 6.3 percent, for the week.Equity markets remain in something of a quandary as we approach the weekend break, with traders struggling to determine just how much additional value can be deducted regardless of the outlook for the global economy, said Matt Buckland, a dealer at CMC Markets.Whilst this dilemma continues, it seems as if the volatility we've seen of late will struggle to fade and it's also going to be difficult to call an end to these choppy market conditions, he added.Much of Friday's session may depend on U.S. housing starts data later. The decline in the housing market has affected nearly all sectors of the economy, causing unemployment to rise, consumers to cut back on spending and the credit market to seize, sending the stock market plunging.The long-term key is whether the flurry of activity by governments over the last week or so can actually break the logjam in credit markets. Despite the coordinated interest rate reductions announced last week, and massive liquidity boosts, the rates at which banks lend remain abnormally high, despite some easing in rates and spreads this week. That could in turn make it harder for businesses and consumers to get the credit they need and hurt the economy.The Hong Kong interbank offered rate, known as Hibor, for three-month loans fell declined to 4.19 from 4.35 percent, its biggest drop in nearly a month.Though the rescue packages have helped alleviate the pressures on the banking system, they will do nothing to prevent a serious economic slowdown.Even if the financial maelstrom may be about to abate it is not over, said Russel Jones, global head of fixed income and currency strategy at RBC Capital Markets.A serious global recession is baked in the cake and this is bound to mean that there will be further pulses of risk aversion, further traumas for financial sectors and markets and acute pain both for corporate sectors and for individuals, he added.

Concerns about the global economic outlook have taken their toll on the oil price, which fell Thursday to a 14-month before rallying just over a dollar this morning to $70.97.The fall in the price of oil has weighed on markets in Russia, where indexes continued their losing streak on Friday, with the MICEX dropping 6 percent and the RTS down 4.7 percent by 1:30 p.m. (0930 GMT).Earlier, Tokyo's Nikkei 225 stock average advanced 235.27 points, or 2.78 percent, at 8,693.82. The index was still far from recouping Thursday's 11.4 percent loss — its biggest one-day percentage drop since the stock market crash of October 1987. For the week, the Nikkei gained 5 percent, much better than the 24 percent it lost last week.Compared to the gyrations earlier this week, Asian markets were moderately more stable.Shanghai's index rose for the first time in a week. But Hong Kong's Hang Seng index dropped over 4 percent to 14,554.21, its lowest level in almost three years as selling accelerated late in the day after banks said they would help investors in Lehman Brothers-backed bonds recouped some of their money. Australia, Singapore and South Korea also closed lower.

Governments across Asia remained focused on the financial crisis. Late Thursday, Malaysia said it would guarantee all bank deposits for the next two years, following similar moves by Hong Kong and Singapore amid fears about the health of banks.In Australia, Prime Minister Kevin Rudd gave a reassurances that the country would pull through the crisis in good shape. He said he would soon present a proposal in response to the crisis that would include a review of executive pay at financial institutions. With crisis and recession talk still weighing heavily, Japan investors bought targeted sectors such as utilities and telecommunications, whose earnings are considered somewhat insulated from global downturns. Nippon Telegraph and Telephone Corp. soared 9.82 percent and Tokyo Gas Co. jumped 5.85 percent. In currencies, the dollar declined to 100.65 yen from 101.30 yen late Thursday. The euro was down at $1.3433 from $1.3492. Associated Press Business Writer Jeremiah Marquez in Hong Kong AP Writer and Tomoko A. Hosaka in Tokyo contributed to this report.

US stocks set to open lower ahead of housing data
By MADLEN READ, AP Business Writer Madlen Read, Ap OCT 17,


AP – Specialist Gregg Reilly works on the floor of the New York Stock Exchange Thursday, Oct. 16, 2008. (AP … NEW YORK – Wall Street was headed for a lower open Friday after the previous session's strong finish, as nervous investors anticipated gloomy readings on the sagging housing market and consumer sentiment.The Commerce Department is expected to report at 8:30 a.m. Eastern time that new home construction dropped in September to an annual rate of 880,000 units, according to Wall Street economists surveyed by Thomson/IFR. Later, at 10 a.m., the University of Michigan is anticipated to report that consumer sentiment is declining in the month of October.The market is also waiting for a speech by President Bush, who is expected to give more details on the government's plans to resolve a financial crisis that has threatened to hurtle an already weak economy into a long, steep recession.Ahead of the market's open, Dow futures fell 115, or 1.28 percent, to 8,851. Standard & Poor's 500 index futures fell 12.90, or 1.37 percent, to 928.10, and Nasdaq 100 index futures fell 26.25, or 1.98 percent, to 1,296.75. Stock futures were off their lowest levels for the morning, however.It's been an erratic week on Wall Street, with the Dow soaring 936 points on Monday, slipping moderately Tuesday, sinking 733 points Wednesday, and then rallying 401 points Thursday. The volatility is not providing investors with much relief, but it is a welcome change from last week's seemingly relentless plunge, during which the Dow logged its worst week ever and Wall Street lost about $2.4 trillion in shareholder wealth.The credit markets have been improving after moves by governments around the world, particularly plans to buy stakes in private banks to boost their lending. But there's still high demand for Treasury bills, regarded as the safest assets around, an indication that there is still much fear in the markets.The three-month Treasury bill Friday yielded 0.45 percent, down slightly from 0.47 percent on Thursday. The yield has not surpassed 1 percent in more than a week.

The dollar rose against most other major currencies.

Light, sweet crude for November delivery rebounded by 75 cents to $70.60 a barrel in premarket electronic trading on the New York Mercantile Exchange. On Thursday, it sank to a 14-month low on worries about a deep global recession obliterating fuel demand.In earnings news, Schlumberger Ltd. reported a rise in third-quarter profit that was in line with analyst expectations. The oil field services company said tougher times might lie ahead, though. Manufacturing conglomerate Honeywell International Inc.'s report was similarly cautious: a better-than-expected quarterly profit increase, but a tightened outlook for the year.Late Thursday, Google Inc. posted a 26 percent increase in third-quarter profit. Google shares surged more than 10 percent in premarket trading; early Thursday, the Internet company's stock had fallen to a three-year low.

Markets overseas were mostly higher on Friday.

In Asia, Hong Kong's Hang Seng index dropped 4.44 percent to its lowest level in almost three years, but Japan's Nikkei average rose 2.78 percent after a 11.4 percent loss Thursday. In Europe, Britain's FTSE index traded up 0.66 percent, Germany's DAX index rose 0.21 percent, and France's CAC-40 rose 0.96 percent.On the Net:New York Stock Exchange: http://www.nyse.com Nasdaq Stock Market: http://www.nasdaq.com

Market slump suggests EU rescue package may be too late
LUCIA KUBOSOVA 16.10.2008 @ 09:29 CET


As Europe rallies behind a rescue plan for the banking sector and the G8 club of most industrialised states are set to hold global talks on tackling the financial crisis, a fresh slump in stock markets indicates the reaction may have come too late to prevent a worldwide recession.After an initially positive response by markets to earlier initiatives by G7 finance ministers (G8 minus Russia) and a rescue package by the 15-strong euro area at the weekend, gloom descended on stock markets once again on Wednesday (15 October).US markets showed the biggest losses, with the New York Dow Jones index undergoing its worst one-day percentage fall in 20 years, closing down almost eight percent, while the Nasdaq lost 8.5 percent and the S&P nine percent.Similar trends were reported from Asian and European markets, with London and Paris plummeting seven percent and the German DAX 30 6.5 percent. Asked by journalists at an EU summit in Brussels the same day what would happen if the EU initiative fails to calm markets, French President Nicolas Sarkozy said he is not ready to discuss alternatives to the current plan, stressing it's a good strategy.

Analysts suggest that while the financial turbulence was sparked by insecurity over banks, the current downturn is mainly due to worsening economic indicators, both in the US and Europe, as well as by signs of a slow-down in major developing economies, such as China.In the US, consumer confidence has been gravely affected by the constant stream of bad news on finance, with retail sales falling by 1.2 percent in September - the biggest drop for three years.One of Europe's largest economies, Britain, has seen a sharp jump in unemployment, a half percentage point to 5.7 percent in the second quarter, while analysts expect further rises up to some seven percent next year.

AP Russia to start pumping billions into banks Thursday October 16, 1:35 pm ET By Nataliya Vasilyeva, Associated Press Writer

Russia to start pumping billions into banks to help Russian companies pay off foreign debt GORKI, Russia (AP) -- Russia will start pumping more than $80 billion into Russian banks early next week to help ease a growing credit crunch, the finance minister said Thursday.Under the government plan, national development bank VEB is to receive $50 billion to be dispersed to companies and banks to help them pay off foreign debt.The banking sector is also to get $36.3 billion in long-term loans, chiefly via state-owned Sberbank, VTB and agriculture lender Rosselkhozbank.Some of Russia's biggest companies are bidding for a share of the government funding, but there will not be enough for everyone. VEB's chairman said earlier this week the bank has already received applications for more than the $50 billion.President Dmitry Medvedev on Thursday suggested special consideration would be given to Russia's construction, retail, agriculture and machinery industries -- among those hit hardest by the crisis -- describing them as crucial for maintaining economic growth.Speaking to ministers and bankers gathered at his residence outside Moscow, Medvedev said the relief package was aimed at making sure Russia's efficient enterprises and private entrepreneurs don't suffer because of the financial crisis.

But given a lack of clear criteria for disbursing the refinancing funds, market analysts say they expect those companies with the best political connections to come out ahead.No one knows how VEB is going to allocate the money, said Natalya Orlova, chief economist at Alfa Bank. The process does not look very transparent now.The relief package for the banking sector was announced last month by Prime Minister Vladimir Putin and approved by Russia's Parliament Oct. 10. Finance Minister Alexei Kudrin did not specify Thursday the amount of money to be transferred next week.

STORMS HURRICANES-TORNADOES

LUKE 21:25-26
25 And there shall be signs in the sun, and in the moon, and in the stars; and upon the earth distress of nations, with perplexity;(MASS CONFUSION) the sea and the waves roaring;(FIERCE WINDS)
26 Men’s hearts failing them for fear, and for looking after those things which are coming on the earth: for the powers of heaven shall be shaken.

Weakening Omar moves out into Atlantic By STEVE BULLOCK, Associated Press Writer Steve Bullock, Fri Oct 17, 5:08 am ET

AP – The sun rises over a beach, with the outer bands of the Hurricane Omar storm system visible in the background, … CHRISTIANSTED, U.S. Virgin Islands – A weakening Tropical Storm Omar roared out into the Atlantic Ocean on Friday after delivering a glancing blow to the U.S. Virgin Islands and pounding the most-populated island of St. Croix.The U.S. National Hurricane Center said Omar, which at one point was a fierce Category 3 hurricane, shrunk to a tropical storm late Thursday and had maximum winds near 60 mph (95 kph) by Friday.Omar passed between St. Martin and the U.S. and British Virgin Island, knocking down trees and causing some flooding and minor mudslides. But forecasters said the damage could have been much worse.There were no immediate reports of deaths or major damage, said Mark Walters, director of the disaster management agency for the Caribbean territory.A last-minute shift to the east spared St. Croix, the most populated of the islands.Gov. John P. deJongh announced that a 6 p.m. curfew on Thursday for St. Croix that would be lifted Friday at 6 a.m. because electricity was still being restored. He said the power company was having problems repairing downed lines and poles because major roadways were still being cleared.Public schools across St. Croix would remain closed Friday.The nearby British Virgin Islands emerged largely unscathed, said Deputy Gov. Inez Archibald, noting there was little damage beyond some mudslides and scattered debris.

We did reasonably well actually, Inez told The Associated Press.At least 30 people were evacuated in Antigua, where emergency officials in boats rescued people stranded on their roofs as floodwaters rose and lifted some homes from their foundations.Prime Minister Baldwin Spencer promised an investigation into why some areas flooded so quickly when safety measures should have prevented that from happening.He also warned residents that local produce could become scarce and food prices could rise.Our farming community appears to have suffered extensive loss of crops, he said.By Friday morning, it was a tropical storm centered about 670 miles (1,075 kilometers) southeast of Bermuda and was moving northeast at 25 mph (41 kph).
One death was reported on Puerto Rico's tiny island of Culebra.

EARTH DESTROYED WITH THE EARTH

GENESIS 6:11-13
11 The earth also was corrupt before God, and the earth was filled with violence.(WORLD TERRORISM,MURDERS)
12 And God looked upon the earth, and, behold, it was corrupt; for all flesh had corrupted his way upon the earth.
13 And God said unto Noah, The end of all flesh is come before me; for the earth is filled with violence (TERRORISM) through them; and, behold, I will destroy them with the earth.

EARTHQUAKES

MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.

MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.

LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.

Strong earthquake off Guatemala-Mexico coast
By Moises Arriola Moises Arriola – Thu Oct 16, 6:09 pm ET Reuters – A strong earthquake of magnitude 6.5 struck in the Pacific near Guatemala's border with Mexico, the U.S. … TAPACHULA, Mexico (Reuters) – A strong 6.5-magnitude earthquake struck in the Pacific near the Mexico-Guatemala border on Thursday, but there was no tsunami alert and no initial reports of casualties.The U.S. Geological Survey said the quake was 25 miles southwest of the Mexican city of Tapachula, on the border with Guatemala, with a depth of about 47 miles.Fortunately, no victims or damage has been reported in the city or the rural area, said civil protection official Herbert Schoeder in Tapachula, where people ran out on the streets in alarm as buildings began shaking.A Reuters reporter in Guatemala City said he felt shaking for 30 seconds, but there appeared to be no major damage and no reports of casualties, according to the Guatemalan emergency services.The Pacific Tsunami Warning Center said there was no threat of a destructive Pacific-wide tsunami.Earthquakes above magnitude 6 can cause widespread damage in populated areas. Thursday's quake was initially measured at magnitude 6.7.Heavy rain in recent weeks has left rural parts of Guatemala prone to mudslides.This kind of earthquake could result in damage. The edges of roads in mountainous areas are unstable, said Raul Mazariegos, a spokesman at Guatemala's natural disasters institute.Three years ago, mudslides killed hundreds of people in Guatemala, where many live in poor hillside villages that are hard for rescue workers to reach.(Additional reporting by Daniel LeClair and Sarah Grainger in Guatemala City and Cyntia Barrera in Mexico City; Editing by Peter Cooney)

LIKE MY STORY YESTERDAY ON THE ZEITGEIST CULT,THE EU DICTATOR PERMANANT PRESIDENT WILL BE COMING FROM THE EU AND THE EU ARE THE LEADERS IN THE ENVIROMENTAL MOVEMENT, THIS SHOULD TELL YOU SOMETHING...HINT HINT.

EU-15 mostly on track to meet Kyoto targets
LEIGH PHILLIPS Today OCT 17,08 @ 09:26 CET


EUOBSERVER / BRUSSELS - The 15 old European Union member states are on track to meeting their targets for cutting greenhouse gas emissions that they signed up to under the 1997 Kyoto Agreement.The EU-15 as a whole, excluding member states that joined in 2004 and 2007, should meet its collective target of cutting greenhouse gas emissions by eight percent for the period 2008-2012 compared with 1990, the Kyoto agreement's baseline year.While Denmark, Italy and Spain are behind in reducing emissions, the performance of the other EU-15 nations is enough to pick up the slack so that the EU-15 overall should meet its Kyoto commitments, according to figures in a report from the European Environment Agency (EEA).Emission performance remains mixed in the EU-15. A few member states are still off their Kyoto track, said Jacqueline McGlade, the executive director of the agency. The EEA figures show that as of 2006, four EU-15 Member States - France, Greece, Sweden and the UK - had already reached a level below their Kyoto target. Eight additional other states - Austria, Belgium, Finland, Germany, Ireland, Luxembourg, the Netherlands and Portugal - project that they will achieve their targets in the future.The reductions are being achieved by a combination of domestic policies and measures, reforestation and buying carbon offsets, in which the countries pay for other states to make the carbon reductions on their behalf.The EU-15 have already cut emissions by 2.7 percent, which should climb to 3.6 percent by 2010. Reforestation counts for 1.4 percent of the eight percent cut, and the purchase of carbon offset credits through Kyoto mechanisms delivers another three percent.

Most of the EU-15 are planning for reforestation to achieve much of their Kyoto target. However, the total amount of carbon dioxide that could be removed annually between 2008 and 2012 is relatively small (1.4 percent compared to 1990), according to the EEA, although it is somewhat higher than the projections made in 2007.This means that the countries may have to purchase more carbon offset credits to make up the difference.In the end, some member states might make use of Kyoto mechanisms more intensively than they are currently planning, the report says.

Climate package must now be cost-effective
LEIGH PHILLIPS 16.10.2008 @ 17:36 CET


EUOBSERVER / BRUSSELS - Europe's climate package was saved from collapsing during a summit of the bloc's leaders under threat of veto from Poland and Italy on Thursday (16 October).European Union heads of state and government agreed during a two-day meeting to reach an agreement on the package by December, but only by offering the two rebel nations a compromise that will now allow member states to implement the package in a way that is cost-effective. final statement agreed to by the leaders calls for intensified work in coming weeks to allow the European council to decide in December 2008 appropriate solutions to the issues in this work in progress.The package will be implemented in a rigorously established cost-effective manner to all sectors of the European economy and for all member states, respecting each member state's specific situation, the final conclusions continue.The objectives remain unchanged, the calendar remains the same, French President Nicolas Sarkozy told a press conference after the summit. The deadline on climate change is so important that we cannot use the financial and economic crisis as a pretext for dropping it, he said.The key issue for Poland, alongside Bulgaria, Estonia, Latvia, Hungary, Lithuania, Romania and Slovakia, is the use of 2005 as the baseline year for setting new emissions targets, rather than 1990. They argue that they made significant cuts in carbon emissions after 1990.Italy too had threatened a veto, arguing that its economy already has a problem with off-shoring jobs, and that the burden imposed on its manufacturing sector by having to reduce carbon emissions will now be squeezed even further if the world tips into recession.

Not yet in the clear

German foreign minister Frank-Walter Steinmeier, asked by reporters whether there had been at any point a real threat to the package as a whole, responded That was precisely what was at stake this morning.He added that at one point, the French presidency took the Poles out of the meeting for a short tete-a-tete to convince them.However, despite the compromise, the climate package is still not entirely in the clear, as the Poles have not put the threat of a veto back in its holster.

Speaking at the end of the summit, Polish Prime Minister Donald Tusk said Poland has won the right to veto if there is no other solution.His foreign minister, Radoslaw Sikorski, echoed Mr Tusk, telling reporters that Poland's veto is still possible.

Nevertheless, he said, Warsaw hopes to reach an agreement by December that is acceptable to every member state. That means that we have now a few weeks [to finish negotiations on] a very good package that has to take into account the interests of our part of the world.Mr Tusk stressed that Poland is interested in protecting the climate, as it is the very country that is to host the next UN climate change conference, which will take place in Poznan in early December. Yet this conference, he declared, will be host to both the rich and the poor. The poorer countries were afraid for their economies, he said.It is a 'to be or not to be' question for Poland, the Polish leader said, as his country depends for 90 percent of its power on coal. If Poland can not agree to the targets, how will the other 100 poor countries? he asked.We are not telling the French to decommission their nuclear power plants, which several tests show are very dangerous - and use only windmills as of tomorrow.Nobody is going to persuade Poland that we have to decommission all coal-fired power plants and start using windmills, he said.

Vague language

Danish Prime Minister Anders Fogh Rasmussen welcomed the result, admitting he had been taken by surprise when a paper from seven countries tabled on Thursday morning suggested the December deadline be scrapped.In return for keeping the December deadline, heads of states agreed to have final talks on the package at their December summit. This means that even if given the OK by qualified majority at the ministerial level when environment ministers meet to discuss the package next week, any final agreement will require unanimity, as decisions taken at European summits must be unanimous.Mr Rasmussen admitted it would be very difficult to reach a global agreement on a follow-up to the Kyoto Protocol at the UN climate change conference in Copenhagen in 2009 if European countries are not able to reach agreements at the latest by the end of this year.Greens relieved.Green groups, for their part, were relieved at the result.It could have been a lot worse, Greenpeace spokesperson Mark Breddy told EUobserver.Italy and Poland failed to delay the package for the moment, opportunistically using the financial crisis as an excuse, he said. There was vague language worked into [the final statement], but nothing that stops environment ministers to negotiate a strong deal.EU environment ministers meet to hammer out the details of the package on Monday (20 October).

FROM WND'S JERUSALEM BUREAU West Bank Jews targeted,Peace partner launching popular uprising to liberate strategic territory October 17, 2008 11:25 pm Eastern
By Aaron Klein 2008 WorldNetDaily


JERUSALEM – Top members of Palestinian Authority President Mahmoud Abbas' Fatah organization have made a strategic decision to start a popular uprising against Jewish settlements in the West Bank, informed Fatah militant sources told WND.

The popular uprising is to consist of what the sources termed low-grade attacks against West Bank Jewish communities, specifically throwing rocks, home-made fire bombs and Molotov cocktails by young Palestinian men.The uprising is in part aimed at increasing pressure on Israel to evacuate the West Bank. Israel is widely expected to offer the vast majority of the strategic territory to the PA in talks initiated at last November's U.S.-backed Annapolis summit, which seeks to create a Palestinian state by the end of the year.The Fatah sources also told WND the uprising is meant to appease hard-line members of Fatah who have been calling on the organization to step up attacks against Israel in the West Bank and for Fatah's Al Aqsa Martyrs Brigades terror group to increase its role in liberating the West Bank from Israel using violent means so it doesn't look as though Fatah is colluding with Israel and the U.S. in obtaining the territory.Violence long has been used by the PA as a tool to pressure Israel into concessions.Israeli security officials said they are concerned the Israeli responses to the uprising could be used by terrorists as an excuse to launch a new intifada, this time directed at West Bank Jews.A previous Palestinian terror war was started in 2000 in an orchestrated attack in which Arabs threw stones on Jewish worshippers at the Western Wall, prompting Israeli retaliation that was used by then-PA President Yasser Arafat as an excuse to terror launch attacks in which over 1,000 Israelis were murdered.The past few days, three Palestinians who tried to throw firebombs at Jewish settlements have been killed by the Israel Defense Forces in the West Bank. All three incidents took place near the Jewish settlement of Beit El, just outside Ramallah, and all involved young Palestinian men throwing firebombs at either IDF soldiers or settlers.

MUSLIM NATIONS

EZEKIEL 38:1-12
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog,(RULER) the land of Magog,(RUSSIA) the chief prince of Meshech(MOSCOW)and Tubal,(TOBOLSK) and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech(MOSCOW) and Tubal:
4 And I will turn thee back, and put hooks into thy jaws,(GOD FORCES THE RUSSIA-MUSLIMS TO MARCH) and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY)of the north quarters, and all his bands:(SUDAN,AFRICA) and many people with thee.
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.(RUSSIA-EGYPT AND MUSLIMS)
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.

ISAIAH 17:1
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.

PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,and the Ishmaelites;(ARABS) of Moab, and the Hagarenes;
7 Gebal, and Ammon,(JORDAN) and Amalek;(SYRIA) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)

EZEKIEL 39:1-8
1 Therefore, thou son of man, prophesy against Gog,(LEADER OF RUSSIA) and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech (MOSCOW) and Tubal: (TUBOLSK)
2 And I will turn thee back, and leave but the sixth part of thee, and will cause thee to come up from the north parts,(RUSSIA) and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou, and all thy bands,( ARABS) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire on Magog,(NUCLEAR BOMB) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.

JOEL 2:3,20,30-31
3 A fire(NUCLEAR BOMB) devoureth before them;(RUSSIA-ARABS) and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.

Russia Boosts Defense Budget by $13 Billion After Georgia War
By Paul Abelsky


Oct. 17 (Bloomberg) -- The Russian government approved 344 billion rubles ($13 billion) in new defense spending following its five-day war with Georgia in August, Deputy Prime Minister Sergei Ivanov said. Additional funds will be spent on purchases of modern weaponry, especially aircraft, Ivanov, a former defense minister, said during a meeting with President Dmitry Medvedev, according to a transcript published on the Kremlin's Web site late yesterday. Russia's incursion into Georgia, its biggest foreign military operation since the Cold War, followed a Georgian push into the breakaway region of South Ossetia. Russia later recognized the independence of South Ossetia from Georgia. Medvedev pledged to build up the country's defenses, saying Russia will resume building aircraft carriers and new submarines. The government has also created a working group to prepare proposals for giving state-backed loans to companies in Russia's defense industry. Russia will spend 1.3 trillion rubles on defense next year, with increases of 30 billion rubles in 2010 and 70 billion rubles in 2011, Ivanov said. The government's Military-Industrial Commission, headed by Ivanov, drafted the federal defense budget this year for the first time, taking over from the Economy Ministry.

Antitrust Probe

Russia also plans to use state funds to finance jet-fuel purchases and operational costs incurred by Russian airlines, Ivanov said. Medvedev urged an antitrust probe of jet-fuel suppliers after rates remained high even as crude oil prices declined, according to the transcript. OAO Aeroflot, Russia's largest airline, said this week that first-half profit dropped 55 percent after its fuel expenses jumped 65 percent. Jet-fuel prices pushed AirUnion, an alliance of five carriers, to the edge of bankruptcy in August. This could involve both the biggest fines allowed by our antitrust legislation and criminal investigations, if it's possible to prove criminal intent, Medvedev said. Russia will propose a six-month delay in air carriers' tariff and value-added tax payments for purchases of foreign- made aircraft and components, Ivanov said. To contact the reporter on this story: Paul Abelsky in St. Petersburg at pabelsky@bloomberg.net.

EU leaders not yet ready to forgive Russia by Simon Sturdee Simon Sturdee – Thu Oct 16, 1:48 pm ET AFP – European Union Foreign Policy Chief Javier Solana arrives for a second day of European Council summit.

… BRUSSELS (AFP) – Two months after the war in Georgia and a day after a false start to peace talks, EU leaders were not yet ready Thursday to negotiate upgrading ties to reflect Russia's hydrocarbon superpower status.Instead, after a two-day summit in Brussels, they put off making the decision in time for an EU-Russia summit on November 14 in France, allowing the bloc's leaders to digest an exhaustive report currently being drawn up.The 27-nation bloc had suspended talks in September on the so-called Partnership and Cooperation Agreement (PCA) after Russian troops and tanks rolled into Georgia on August 8 to push back a Georgian offensive to retake the breakaway republic South Ossetia.Russia has since withdrawn from most of Georgia in line with an EU-brokered ceasefire but Tbilisi is furious at the continued presence of 7,600 Russian troops in South Ossetia and Abkhazia and Russia has sparked international condemnation for its recognition of the two pro-Moscow regions.The PCA will resume once the analysis, the evaluation that is being done by the Council (of EU ministers) and commission is finished, EU foreign policy chief Javier Solana told reporters in Brussels. I hope very much that will be before November 14.EU External Relations Commissioner Benita Ferrero-Waldner said Thursday she planned to present her report to a meeting of EU foreign ministers on November 10.The partnership agreement, talks for which began in July, is aimed to update the framework for relations between the two sides to reflect Russia's new-found economic clout. Current ties are governed by an agreement dating back to when Russia was reeling from the break-up of the Soviet Union.France, which now holds the EU's rotating presidency and whose president Nicolas Sarkozy brokered a six-point ceasefire deal between Russia and Georgia, had hoped to announce the resumption of the talks at the Wednesday-Thursday Brussels summit -- an aim supported by Italy and Germany among others.But several other EU members including Britain, Poland, the Czech Republic, Denmark, Batlic state Lithuania and Sweden have said it is too early to re-start the talks.Polish President Lech Kaczynski, whose country blocked the partnership talks from starting in the first place because of a Russian embargo on Poland's meat exports, said Thursday a resumption would be very risky and a victory for Russia.

I am firmly opposed, Kaczynski said.Nonetheless, Solana's comments were underlined in conclusions EU leaders were due to finalise Thursday, which said the bloc welcomes the withdrawal of Russian troops from Georgia.It also said they welcomed the launch in Geneva of talks between the two sides, even though these broke down on their first day Wednesday with the Russian and Georgian delegations refusing even to be in the same room.Sarkozy said Wednesday he was not surprised about the breakdown but that he would not give up on the process, in comments echoed by German Foreign Minister Frank-Walter Steinmeier.Europe's Organisation for Security and Cooperation in Europe, which co-hosts the talks with the United Nations and the EU, urged patience, with chairman Alexander Stubb saying the most important thing was that another date -- November 18 -- had been set.That would come eight days after Ferrero-Waldner is due to present her analysis of relations to a meeting of EU foreign ministers, but officials took pains to point out no links existed between ties and progress on the Georgia talks.

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