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.
USGS: 6.5-magnitude quake strikes northwest China NOV 10,08
BEIJING – A strong magnitude 6.5 earthquake struck remote northwestern China on Monday, the U.S. Geological Survey said. There were no immediate reports of casualties.The quake struck the Qinghai province at a depth of 6.2 miles on Monday morning, the agency said. The USGS said the quake's epicenter was located 1,120 miles west of Beijing.China's Earthquake Administration confirmed the earthquake, but said it had a magnitude of 6.3 on its scale.The USGS said the quake's epicenter was 35 miles east of Da Qaidam district, in northern Qinghai. The population of the county seat, Da Qaidam town, is about 15,000 people.An official at the Da Qaidam administrative committee said authorities have sent 180 people to investigate but there were no immediate reports of casualties.The quake was felt in Golmud, the second-largest city in the province with a population of 270,000, 100 miles south of the epicenter.Hotels in the city said they could feel the tremors but that the quake was not major enough to cause significant damage.China's far west is fairly earthquake-prone. A 7.9 magnitude earthquake on May 12 devastated parts of Sichuan province, just east of Tibet, killing 70,000 people and leaving 5 million homeless.
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.
Paloma weakens quickly after slamming Cuba's coast By ANNE-MARIE GARCIA, Associated Press Writer – NOV 9,08
CAMAGUEY, Cuba – Hurricane Paloma leveled hundreds of homes along Cuba's southern coast before rapidly losing steam over land Sunday, weakening from a dangerous Category 4 storm into a tropical depression in less than a day.Crashing surf and a powerful sea surge sent waves almost a mile (1 1/2 kilometers) inland as the storm ravaged Santa Cruz del Sur, the coastal community where it roared ashore Saturday night.Javier Ramos said he rebuilt his simple wood-frame house in Santa Cruz del Sur after Hurricane Ike struck in early September, only to watch Paloma flatten it again.
At least we're alive, but my wife hasn't seen this yet, Ramos told The Associated Press as he scavenged bits of clothing and smashed dishes in his front yard. I don't know how she's going to react. It's going to be terrible.More than 10-foot-high (3-meter-high) waves washed away nearly all traces of about 50 modest houses in Santa Cruz del Sur. Civil Defense authorities said altogether 435 homes in the community were destroyed.Authorities said the late-season storm toppled a major communications tower, interrupted electricity and phone service, but no storm-related deaths were reported.Cuba had feared that Paloma could cripple its recovery from Gustav and Ike, hurricanes that struck this summer, causing about $9.4 billion in damage and destroying nearly a third of the island's crops. But Vicente de la O of Cuba's national power company said damage to the power grid was far less than that caused by the previous two hurricanes.Paloma was a Category 4 hurricane when it hit Santa Cruz del Sur, but quickly lost strength. The U.S. National Hurricane Center in Miami reported that by Sunday morning, the Cuban and Bahamian governments had discontinued all warnings associated with it.By late Sunday night, Paloma's center was 40 miles (70 kilometers) north of the colonial city of Camaguey and was moving northward at 3 mph (5 kph). Its remnants were expected to emerge off the north coast of Cuba on Monday morning, the center said.Once as strong as 145 mph (230 kph), the storm's winds had weakened to 30 mph (45 kph).Near Santa Cruz del Sur, flooding submerged homes up to their flimsy metal roofs and washed out banana crops and other farmland, though there were no official estimates on the immediate effects to the national food reserves.Angel Betancourt was skinning a drowned goat at his home in the town.
The water was up to a meter high and the goat drowned, he said. What else can we do? We're going to eat it.Yulaidi Alcala, a 22-year-old office worker, lost everything except the clothes she was wearing and a pair of light bulbs she salvaged from the ruins of her home.The pain is so great, I've cried so much, she said. I've lost everything. Everything.Touring the area, Vice President Jose Ramon Machado Ventura said Santa Cruz del Sur was among the hardest-hit nationwide.Cuba balked at U.S. offers of humanitarian aid after Gustav and Ike and Machado Ventura said the country would take the same position if Washington pledged more help after Paloma.Fidel Castro wrote in an essay that crops planted to replenish the island's dwindling food supply after Hurricanes Ike and Gustav would likely be destroyed by Paloma, noting many crops that were expected soon, countless hours of human sacrifice, gasoline, seeds, fertilizer, herbicides and the work of labor teams to produce food urgently, will be lost anew.Across central and eastern Cuba, 1.2 million people were evacuated. About one-fifth of those were taken to shelters in schools and government buildings, but most spent the night with neighbors or relatives whose homes authorities deemed able to withstand the hurricane. Cuba regularly moves people en masse to higher ground before tropical storms and hurricanes, preventing major loss of life.
WORLD GOVERNMENT
DANIEL 7:23-25
23 Thus he said, The fourth beast shall be the fourth kingdom upon earth, which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.
24 And the ten horns out of this kingdom are ten kings that shall arise: and another shall rise after them; and he shall be diverse from the first, and he shall subdue three kings.
25 And he shall speak great words against the most High, and shall wear out the saints of the most High, and think to change times and laws: and they shall be given into his hand until a time and times and the dividing of time.
DANIEL 12:4,1
4 But thou, O Daniel, shut up the words, and seal the book, even to the time of the end: many shall run to and fro, and knowledge shall be increased.
1 And at that time shall Michael stand up, the great prince which standeth for the children of thy people: and there shall be a time of trouble, such as never was since there was a nation even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.
REVELATION 13:1-3,7,8,12,16-18
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.
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.
3 And I saw one of his heads as it were wounded to death; and his deadly wound was healed: and all the world wondered after the beast.
7 And it was given unto him to make war with the saints, and to overcome them: and power was given him over all kindreds, and tongues, and nations.
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.
12 And he exerciseth all the power of the first beast before him, and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.
16 And he causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:
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.
REVELATION 17:3,7,9-10,12,18
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
7 And the angel said unto me, Wherefore didst thou marvel? I will tell thee the mystery of the woman, and of the beast that carrieth her, which hath the seven heads and ten horns.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.
10 And there are seven kings: five are fallen, and one is, and the other is not yet come; and when he cometh, he must continue a short space.
12 And the ten horns which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
18 And the woman which thou sawest is that great city, which reigneth over the kings of the earth.
Brown says time to build global society
Mon Nov 10, 2008 2:19am
LONDON (Reuters) - The international financial crisis has given world leaders a unique opportunity to create a truly global society, Prime Minister Gordon Brown will say in a keynote foreign policy speech on Monday.In his annual speech at the Lord Mayor's Banquet, Brown -- who has spearheaded calls for the reform of international financial institutions -- will say Britain, the United States and Europe are key to forging a new world order.The alliance between Britain and the U.S. -- and more broadly between Europe and the U.S. -- can and must provide leadership, not in order to make the rules ourselves, but to lead the global effort to build a stronger and more just international order, an excerpt from the speech says.Brown and other leaders meet in Washington next weekend to discuss longer term solutions for dealing with economic issues following a series of coordinated moves on interest rates and to recapitalise banks in the wake of the financial crisis.
Uniquely in this global age, it is now in our power to come together so that 2008 is remembered not just for the failure of a financial crash that engulfed the world but for the resilience and optimism with which we faced the storm, endured it and prevailed, Brown will say in his speech on Monday evening.And if we learn from our experience of turning unity of purpose into unity of action, we can together seize this moment of change in our world to create a truly global society.According to a summary of the speech released by his office, Brown will set out five great challenges the world faces.These are: terrorism and extremism and the need to reassert faith in democracy; the global economy; climate change; conflict and mechanisms for rebuilding states after conflict; and meeting goals on tackling poverty and disease.Brown will also identify five stages for tackling the economy, starting with recapitalising banks so they can resume lending to families and businesses, and better international co-ordination of fiscal and monetary policy.
He also wants immediate action to stop the spread of the financial crisis to middle-income countries, with a new facility for the International Monetary Fund, and agreement on a global trade deal, as well as reform of the global financial system.
My message is that we must be: internationalist not protectionist; interventionist not neutral; progressive not reactive; and forward looking not frozen by events. We can seize the moment and in doing so build a truly global society.(Reporting by Jodie Ginsberg; Editing by Janet Lawrence)
Warning of new bin Laden attack Paola Totaro, London
November 10, 2008
Osama bin Laden in a speech broadcast last year. He is reportedly planning an attack against the United States that will outdo by far September 11. Photo: AFP OSAMA bin Laden is planning an attack against the United States that will outdo by far September 11, an Arab newspaper in London has reported.
- bin Laden planning US attack
- Goal to outdo September 11
- al-Qaeda reinforces training camps
And according to a former senior Yemeni al-Qaeda operative, the terrorist organisation has entered a positive phase, reinforcing specific training camps around the world that will lead the next wave of action against the West.The warning, on the front page of an Arabic newspaper published in London, Al-Quds Al-Arabi - and widely reported in the major Italian papers - quotes a person described as being very close to al-Qaeda in Yemen.The paper is edited by Abdel al-Bari Atwan, who is said to be the last journalist to interview Osama bin Laden in 1996. According to the report, bin Laden is himself closely following preparations for an attack against the US and aims to change the face of world politics and economics. The operative is quoted as saying that this will be shown by the fact that we now control a major part of the south of Somalia.The ex-operative says he remains in contact with current chiefs of the organisation in Yemen and that only six months ago bin Laden had sent a message to all jihad cells in the Arab world which asked them not to interact with their governments or local political parties and to deny any request for mediation or formal talks.The source also said that during the next few days the terrorist organisation may send a sign of its violent intentions.
The warning has emerged at the same time as publication of a report leaked to The Telegraph newspaper which reveals that a document drawn up by the intelligence branch of the Ministry of Defence says that thousands of extremists are active in the UK.The document says the operatives are predominantly UK-born and aged between 18and 30. Many are believed to have been trained in overseas terrorist camps.Security officials, The Telegraph reports, are convinced al-Qaeda cells will attempt another spectacular inside the UK with major transport centres, such as airports and train stations, the most likely targets. Other targets include the Houses of Parliament, Whitehall and Buckingham and St James' palaces, with the threat level described as severe.
LAND FOR PEACE (THE FUTURE 7 YEARS OF HELL ON EARTH)
JOEL 3:2
2 I will also gather all nations, and will bring them down into the valley of Jehoshaphat, and will plead with them there for my people and for my heritage Israel, whom they have scattered among the nations, and parted my land.
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(62X7=434 YEARS+7X7=49 YEARS=TOTAL OF 69 WEEKS OR 483 YRS) shall Messiah be cut off, but not for himself: and the people of the prince that shall come shall destroy the city and the sanctuary;(ROMAN LEADERS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.(THERE HAS TO BE 70 WEEKS OR 490 YRS TO FUFILL THE VISION AND PROPHECY OF DAN 9:24).(THE NEXT VERSE IS THAT 7 YR WEEK OR (70TH FINAL WEEK).
27 And he( THE ROMAN,EU PRESIDENT) shall confirm the covenant with many for one week:(1X7=7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,(3 1/2 yrs in TEMPLE SACRIFICES STOPPED) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.
ISAIAH 28:14-19 (THIS IS THE 7 YR TREATY COVENANT OF DANIEL 9:27)
14 Wherefore hear the word of the LORD, ye scornful men, that rule this people which is in Jerusalem.
15 Because ye have said, We have made a covenant with death, and with hell are we at agreement; when the overflowing scourge shall pass through, it shall not come unto us: for we have made lies our refuge, and under falsehood have we hid ourselves:
16 Therefore thus saith the Lord GOD, Behold, I lay in Zion for a foundation a stone, a tried stone, a precious corner stone, a sure foundation: he that believeth shall not make haste.
17 Judgment also will I lay to the line, and righteousness to the plummet: and the hail shall sweep away the refuge of lies, and the waters shall overflow the hiding place.
18 And your covenant with death shall be disannulled, and your agreement with hell shall not stand; when the overflowing scourge shall pass through, then ye shall be trodden down by it.
19 From the time that it goeth forth it shall take you: for morning by morning shall it pass over, by day and by night: and it shall be a vexation only to understand the report.
FROM WND'S JERUSALEM BUREAU Rabbis call on Obama to implement will of God Religious leaders tell president-elect Israel must remain under Jewish control November 09, 2008 6:05 pm Eastern By Aaron Klein 2008 WorldNetDaily
JERUSALEM – A group of hundreds of prominent Israeli rabbis this week urged President-elect Barack Obama to implement the will of God during his upcoming presidency by ensuring the entire state of Israel remains under Jewish sovereignty.
According to media publication of the prayer you recently placed in the Western Wall, you asked God: make me an instrument of your will. Consistent with your focus on the will of God we trust that you are aware of the will of God when it comes to Jewish sovereignty in the entire Land of Israel, wrote the Rabbinical Congress for Peace in a letter delivered to Obama.The Congress is a coalition of more than 350 Israeli rabbinic leaders and over 850 rabbis from abroad, including in the U.S.The ruling of Jewish law forbids the surrender of any part of our Holy Land to Israel's neighbors based on the obligation to safeguard lives that are in jeopardy. This ruling was issued by the majority of the most prominent rabbis in Israel and abroad, among them former justices of Israel's Supreme Rabbinical Court, write the rabbis.
This ruling is anchored in God's eternal Torah, whose ethical standards underlie Western civilization. We are therefore confident that you, Mr. President-elect, who prayed to be an instrument of God and God accepted your prayer, will now do everything in your power to implement the will of God that the Promised Land that He expressly allocated to the Jewish People will remain under Jewish sovereignty, the rabbis write.The last 15 years have proven without a shadow of a doubt that the land for peace formula … is a dangerous policy that only leads to bloodshed and instability in the region, added the rabbis.The letter comes as Israel and the Palestinian Authority yesterday formally confirmed their commitment to continuing U.S.-backed negotiations after Obama takes office. The parties have agreed to negotiate based on the principles determined at the Annapolis conference, which seeks to create a Palestinians state, at least on paper, in the West Bank, Gaza Strip and eastern sections of Jerusalem.Last week, Prime Minister Ehud Olmert, who leaves office in February, called Obama to congratulate him on his win and reportedly to discuss the need to press ahead with negotiations to create a Palestinian state.Olmert's office said in a statement the prime minister and Obama agreed on the need to continue to advance the peace process, and this, while safeguarding the security of Israel.The statement said Obama and Olmert also spoke about the long friendship between the United States and Israel and the need to preserve and strengthen this friendship.
Livni says Israel recognizes need for Palestinian state NOV 10,08
Israeli Foreign Minister Tzipi Livni told international peace brokers known collectively as the Middle East Quartet on Sunday that Israel recognizes the need to create a Palestinian Arab state, so long as the Palestinians promise to not engage in violence against the Jewish state. Livni was speaking at a gathering in the Egyptian Sinai resort of Sharm el-Sheikh marking the one-year anniversary of the Annapolis peace summit. Livni told Israeli media prior to the meeting that her goal was to lessen pressure on Israel in the short-term as the nation gears up to elect a new government in February. Livni's top challenger, Likud Party leader Benjamin Netanyahu, is running on a platform that calls into question continuing the current land-for-peace process, which has seen Israel surrender large chunks of land to the Palestinians while receiving more violence in return. Netanyahu says he wants to freeze the current process and examine an alternative, long-term approach to peace based on economic agreements and initiatives.
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QUARTET STATEMENT
http://www.state.gov/r/pa/prs/ps/2008/sept/110375.htm
Sunday, October 12, 2008 Israel Today Staff
Israel's Netanyahu outlines alternative peace plan
Israeli opposition leader Binyamin Netanyahu last week in an interview with London's Financial Times outlined an alternative peace plan that would shelf the idea of creating an independent Palestinian state in favor of helping the Arabs of Judea and Samaria improve their quality of life. Netanyahu said the international community has gotten it wrong with the assumption that a peace agreement based on Israel's surrender of land will bring prosperity. It is not so much that peace brings prosperity - it is that prosperity brings peace, the man who all polls show will win Israel's next general election told the newspaper. So far, the 15-year land-for-peace process has not brought any degree of prosperity to the Palestinians. In fact, it has sharply decreased living standards in Palestinian Arab towns, as increased autonomy has led to an explosion of terrorist violence that has resulted in stifling Israeli restrictions.
Instead of completing the process of granting the Palestinians total sovereignty, which he believes will only result in the formation of a terrorist state like that in Gaza, Netanyahu wants to give the Palestinians partial autonomy coupled with aggressive and dynamic business projects tailored to their strengths and assets. For instance, Netanyahu noted that the town of Jericho could experience an economic boom by better capitalizing on its Christian tourist attractions, such as the site where Jesus is believed to have been tempted by Satan and the portion of the Jordan River where John the Baptist ministered. Helping the Palestinians reap the financial rewards of such business projects, and thereby significantly improving living standards in the so-called West Bank, will be far more beneficial than creating what will effectively be a welfare state where armed terrorist bullies rule the streets.
Despite Netanyahu's focus on improving the lives of individual Palestinians, the Financial Times chose to characterize his plan as extremist for not falling in line with the accepted narrative that peace will only be possible when Israel meets demands that Yasser Arafat once admitted are a prelude to the Jewish state's demise.
Netanyahu hopes to regain the prime minister's chair in time to actually put his plan into practice. Meanwhile, the international community is working to make sure that even the most tentative offers by Prime Minister Ehud Olmert are enshrined as the basis for any future peace talks.
Europe, not the US, can get Russia to behave By Denis Corboy, William Courtney and Kenneth Yalowitz – Fri Nov 7, 3:00 am
N.H – When war erupted in August between Russia and Georgia, it was the European Union (EU) president who achieved a cease-fire agreement. Was this just a lucky break for the EU, or a sign of Europe's strength? The answer is one that Europe needs to take full advantage of: Nicolas Sarkozy achieved the cease-fire not because the EU has more military divisions than Stalin's heirs. His personal energy and France's weight may have helped, but Europe's real clout is its pull on Russia and its people. As the tone of Russian President Dimitry Medvedev's state-of-the-union address indicated this week, big challenges remain. On top of strong language for Washington, Russia has military predominance on Georgia's doorstep and no Western counterweight is in sight. Moscow's recognition of the independence of the Georgian separatist areas of Abkhazia and South Ossetia – despite international condemnation –seems intended to signal that Moscow will not retreat. Europe, not America is now best able to get Moscow to behave. Europe is a neighbor and huge market for Russian energy and minerals. The EU accounted for just over half of Russia's foreign trade in 2007. Russians see Europe as appealing – a rich and stable region where the state plays a large role and citizens enjoy generous social benefits. And Russian elites have long aspired to European ways. Underlining Europe's pull, President Medvedev recently called the EU a strategic partner and waxed that Europe and Russia were united by history, by common borders, and most important, I hope, we are united by the vision of a new greater Europe.In the wake of the Georgian war, however, Europeans have reason to harbor increased doubt that Russia is a strategic partner. Moscow is going out of its way to signal that Ukraine is the next target. Russian leaders have publicly vilified President Yushchenko, challenged the logic of Crimea's status in Ukraine, and insisted on retaining the Russian naval base at Sevastopol after the lease expires in 2017.
Russian Prime Minister Vladimir Putin even alleged that Ukraine had dispatched soldiers to fight alongside Georgian troops in the August war. Just as incredulously, this week Medvedev charged that the war was among other things, the result of the arrogant course of the US administration. It is unlikely that rants such as these are what Europe expects of a partner. Still, the EU has notable advantages over the US and NATO in influencing Russia to behave more responsibly. Distant from Russia, the US is a military rival and not a major economic partner. Many Russians are suspicious of the US and NATO. The EU should develop more traction with Russia so as to capitalize fully on its advantage. The EU should devise ways for Georgia and Ukraine to participate in an association with step-by-step integration, free trade arrangements, and a road map for eventual EU membership. The road map should be accompanied by an intensified EU-Russian dialogue that would underscore the benefits of cooperation for all parties.If Russia treats its neighbors and economic partners fairly, an enhanced EU-Russia partnership should be on the table. Incentives work best when combined with clear expectations. Mistreating energy investors, such as BP, or undermining the Organization for Security and Cooperation in Europe should have well- understood consequences. These steps would better anchor Russia and its interested neighbors in Europe's architecture, enhance democratic gains and political stability, and build a stronger foundation for prosperity. Then, further democratic and economic reforms would make those countries more attractive partners to the EU.Closer linkages with the EU would also discourage Russia from picking fights with neighbors for fear of diminishing its own European relations. The West should adopt a long-haul strategy with South Ossetia and Abkhazia akin to nonrecognition of the forcible incorporation of the Baltic countries into the USSR in 1940. This policy allowed the West to pursue high priorities with Moscow, such as nuclear arms control. Likewise, today a formula needs to be found which will permit negotiations for a new EU-Russia partnership agreement. In addressing the UN General Assembly this fall, French President Sarkozy suggested a good way forward, Why not build across the whole Continent a common economic space which would unite Russia and Europe?
He is on the mark. Isolating Russia or keeping it permanently at arm's length would be a historic error. Eventually, Russia will awake from its tragic history of authoritarianism and imperialism. Europe and the EU can hasten this by offering the prospect of closer integration if Russia respects the independence, sovereignty, and territorial integrity of its neighbors. When president, Obama can reinforce this course, but America cannot substitute for Europe.Denis Corboy is director of the Caucasus Policy Institute at King's College London and a former European Commission ambassador to Georgia. William Courtney and Kenneth Yalowitz are former US ambassadors to Georgia. Mr. Yalowitz directs the Dickey Center for International Understanding at Dartmouth College.
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
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AFP NEWS VIDEO
http://news.yahoo.com/video/3091
CNBC NEWS VIDEO
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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 MON NOV 10,2008
09:30 AM +23.58
10:00 AM +132.46
10:30 AM +136.84
11:00 AM +71.49
11:30 AM +79.73
12:00 PM -10.75
12:30 PM -46.75
01:00 PM -95.34
01:30 PM -62.76
02:00 PM -23.73
02:30 PM -60.29
03:00 PM -124.57
03:30 PM -177.37
04:00 PM -73.27 8870.54
S&P 500 919.22 -11.77
NASDAQ 1616.74 -30.66
GOLD 745.1 +10.9
OIL 62.29 +1.25
TSE 300 +92.46 9,688.67
CDNX -7.86 914.02
S&P/TSX/60 +7.95 588.05
NEW RULES FOR CANADIAN LIBERAL ELECTORS:FINANCIAL
ENTRY FEE: 2009 $90,000 - 2006 $50,000.
CAMPAIGN SPENDING LIMIT: 2009 $1.5 MILLION - 2006 #3.4 MILLION
10% of all cash raised gets turned over to the Party.
APR 2009 in Vancouver is were the Convention is.
MORNING STATS TO 12:30PM
YEAR TO DATE PERFORMANCE
Dow -32.57%
NASDAQ -37.89%
S&P -36.62%
RUSSELL 200 -33.97%
Commoditie stocks up 10% on Chinas stimulus package of $586 BILLION.
Dow +209 points in first 4 minutes.
Dow +213 points at high so far today.
Dow -109 points at low so far today.
Jerome Corsi expects the stock market to go as low as 6000 points in the near future.
J-C First the Global nationalisation of Banks.
J-C Than Nationalisation of a World Currency.
AFTERNOON STATS
RUSSIAS GAZPROM
-Russias largest company.
-Europes largest gas supplier.
-Worlds largest gas producer.
-Controls 17% of the worlds gas reserves.
PUTINS POWER-PLAY KHL VS NHL
Teams KHL 24, NHL 30
Salary Cap KHL $24 MILLION, NHL $50 MILLION.
Top player KHL JAGR, NHL CROSBY
WRAPUP STATS
Dow at high today +215 points today.
Dow low at -177 today.
Dow,S&P,Nasdaq have not registered monthly gains since AUG.
Dow Component GM hits 62 yr low after Broker downgrades.
Stocks lower on a volitile session.
Dow falls 0.8% today.
Dow falls 4.8% the last 5 days.
S&P down 1.2% today.
S&P dow 4.9% over last 5 days.
Nasdaq down 1.9% today.
Nasdaq drops 7% over last 5 days.
Nasdaq has gained for 7 of the past 9 sessions.
Treasuries extend gains on strong demand in 3 year note Auction.
Crude Oil dips below $60 in volitile session before finishing higher.
Morning gains of 2% erased today.
Stocks have dropped in 3 of last 5 sessions.
WOOD:It is clear America is in a recession.
POSITIVE NEWS:on china stimulus package but markets listless.
TRADERS:This is the great bordem.
-Know the Economy is slowing
-But to early to buy a rebound.
CIRCUIT CITY IN RUINS
-Chapter 11 Bankruptcy.
-Still in Business,but fewer stores.
-Warranties,Credit cards unaffected.
-20% of work force cut.
Premiers urge quick action on pensions, infrastructure
By The Canadian Press
OTTAWA - The premiers are urging Ottawa to act quickly on protecting the viability of pension plans, speed up infrastructure spending and rescue Ontario's teetering auto industry. The issues appear uppermost on the premiers' agenda as they gathered for a three-hour working lunch with Prime Minister Stephen Harper. If we don't get it right on how we treat pension plans, we could affect their jobs, said Manitoba Premier Gary Doer on the issue of pension sustainability. If we don't get it right on pension plan flexibility, we could have the market just whack a lot of people close to age 71 and they may take a huge hit. These are very, very important issues.
Canadians who turn 71 this year must convert their RRSPs into retirement income funds - known as RIFs - even though the value of their plans have tumbled. As well, private pension plans have been hard hit by the collapse of equity markets and are looking for a relaxation of the rules on funding shortfalls. Nova Scotia's Rodney MacDonald, Doer and British Columbia Premier Gordon Campbell urged Ottawa to increase the mandatory age for conversion to allow retirees more flexibility and give them time for the value of the RRSP savings to recover. The fact of the matter is we should give them the opportunity to have the value of their life savings recover, Campbell said. Frankly, if we don't let Canadians take care of themselves, at the end of the day it falls back to government to take care of them.Meanwhile, Ontario Premier Dalton McGuinty said he is looking for co-operation from Ottawa on a rescue package for the teetering auto sector. I think there's understanding what's at stake here - 400,000 jobs, 12 Ontario communities, $28 billion in wealth generation, five per cent of our (gross domestic product), it's a pretty significant sector, he said. Most of the first ministers appear to agree that with the economy slumping, a first step for governments is to inject stimulus by speeding up spending on infrastructure projects already approved in principle. Quebec Premier Jean Charest said there is no excuse for further delays in about $4 billion in spending that has already been approved. And the premier said Harper would send a very powerful signal by committing to the construction of a high-speed train line along the Quebec City-Windsor, Ont. corridor. The premiers and Prime Minister Stephen Harper are meeting for the first time since the financial crisis intensified during the fall federal election and sent global economies stumbling toward recession. The prime minister has been playing down expectations for the meeting, but Finance Minister Jim Flaherty suggested Sunday the government may be willing to aid auto plants that have viable prospects. The minister also said Ottawa is open to a new fiscal stimulus package to try to stave off a recession. The federal government has been under increasing pressure since the conclusion of the election campaign in mid-October to act more aggressively in dealing with the global financial crisis and sharply deteriorating economy.
It has responded by agreeing to buy up $25 billion in bank-held mortgages in an effort to inject liquidity in the system. But the auto sector and a broad coalition of industries have separately asked Ottawa for a similar response, saying they need loan guarantees to secure sufficient credit to ride out the storm. As well, Harper is expected to push for progress towards establishment of a national securities regulator. The federal government recently announcement it will cap the growth of annual equalization payments to have-not provinces. Ontario, with its manufacturing sector taking a beating, will join the ranks of the have-nots for the first time next year.
US and EU find common ground on global financial reform
VALENTINA POP Today NOV 10,08 @ 09:40 CET
As he prepares to host a G20 meeting on Saturday, outgoing US President George W. Bush has said he has found common ground with European leaders on how to address the financial crisis. However, the specifics of global reform of financial regulation are unlikely to be agreed before president-elect Barack Obama takes office.We believe there is a great deal of common ground among our approaches to address the turmoil in the financial markets, and President Bush looks forward to discussing how to best advance reforms to global financial markets with a wide range of leaders, White House spokesperson Dana Perino said on Saturday (8 November).President George W. Bush will host a summit of the world's 20 leading industrialised and emerging countries in Washington on 15 November, but the expectations are that any concrete reforms will be developed only after a second summit early next year in which the incoming Obama administration participates.EU leaders gathered at a summit in Brussels on Friday agreed to tighten worldwide oversight of the financial sector. Concrete proposals include revised accounting standards, closer supervision of credit rating agencies and hedge funds, an early warning system to tackle risks and a central role for the International Monetary Fund (IMF) in a more efficient financial architecture.We agree with European leaders on the importance of identifying common principles to guide reforms, setting out a process to implement those principles promptly, and proceeding with actions on certain reforms immediately, Perino said, though remaining vague on the specifics of the reforms.Mr Bush and other administration officials have been pressing for the gathering of the G20 nations next week to also re-affirm support for free market principles, expanded trade and increased investment and capital flows, Reuters reports.
Kouchner to meet Obama aides
Meanwhile, French foreign minister Bernard Kouchner will meet aides to president-elect Barack Obama as well as current secretary of state Condoleezza Rice during a visit to Washington on Tuesday and Wednesday.The minister will be the first French official to travel to Washington since Obama's election victory, hailed in Europe as a great opportunity to strengthen EU-US relations, which were very much strained during the Bush administration.Mr Kouchner said last Thursday that Mr Obama's election raised hope on all fronts including the Middle East, Iran - whether there will be a dialogue or not - Afghanistan, Pakistan and relations with Russian and China, while warning that Europe would not give a blank cheque to the incoming US administration.A letter agreed last week by EU's 27 foreign ministers to set out a new course for trans-Atlantic relations would not be handed over now by Mr Kouchner, but only after Mr Obama takes office on 20 January, AFP reports.
Spain to join the G20 meeting on a French seat
Initially not invited to join the G20 meeting, Spain is now to participate at the Washington financial summit after France ceded one of its two seats to Madrid. France unusually has two seats at the summit as it was also entitled to one as current chair of the EU's six-month rotating presidency.Spanish Prime Minister Jose Luis Rodriguez Zapatero on Saturday thanked French President Nicolas Sarkozy and President Bush for supporting his country's claim to take part, which he called a first step towards the country regularly participating in global economic forums.
Zapatero stressed the need for the summit to reconsider the leadership roles assigned to the various groupings of world economic powers such as the G8 or G20 and said Madrid would advocate high standards of transparency and supervision for the international financial system at the Washington meeting.Absent from the participants list to the G20 meeting was also the president of the Eurogroup, Luxembourgois Prime Minister Jean-Claude Juncker, who said on Friday he was not offended by this, as the EU already had agreed on common principles to put forward in Washington. However, he stressed that Spain, the world's eighth largest economy, was very important and deserved a full seat, not a demi-seat or a mini seat shared with the French EU presidency. He also called it an aberration that the African Union was not represented at the G20, when Africans were the first victims of the global financial and economic crisis.
Oil jumps to near $64 on higher Asian stocks NOV 9,08
SINGAPORE – Oil prices jumped to near $64 a barrel Monday in Asia as regional stock markets rallied on a massive Chinese economic stimulus plan, which could underpin demand for crude.Light, sweet crude for November delivery was up $2.87 to $63.91 a barrel in electronic trading on the New York Mercantile Exchange by midday in Singapore. The contract Friday rose 27 cents to settle at $61.04.China's $586 billion stimulus package announced Sunday helped lift Asian stock markets Monday. Shanghai Composite Index surged 5 percent, Japan's benchmark Nikkei 225 index rose 4.9 percent and Hong Kong's Hang Seng index gained 3.2 percent.Oil traders have been looking to equity markets for signs of how severe the current global economic slowdown will be.Crude oil prices were also bolstered by a falling dollar. Investors often use commodities such as oil as a hedge against inflation and a weaker dollar.
The euro gained to $1.2856 on Monday from 1.2715 on Friday while the dollar rose to 98.90 yen.Oil has been highly correlated to stocks and the dollar, said Clarence Chu, a trader with market maker Hudson Capital Energy in Singapore. The spending plan may increase crude demand, which is already strong in China.Another production cut by OPEC may also boost prices. The Organization of Petroleum Exporting Countries could further reduce oil output if a decision last month to slash production doesn't bolster plummeting oil prices, the group's president Chakib Khelil said Saturday.
Khelil, who is also Algeria's energy minister, said OPEC seeks prices between $70 and $90 per barrel.If we go toward $55, I expect OPEC to call an emergency meeting and announce another cut, Chu said. The market expects them to cut again in December at the latest.Oil prices have fallen about 56 percent since reaching a record $147.27in mid-July.In the long-term, rising demand in the developing world will likely push prices higher, the International Energy Agency said last week.According to a summary of the agency's World Energy Outlook report due to be published in full this week, the IEA has hiked its forecast for the price of a barrel of oil in 2030 to just over $200 in nominal terms, compared to last year's estimate of $108 a barrel.In other Nymex trading, heating oil futures rose 6.37 cents to $2.04 a gallon, while gasoline prices gained 5.15 cents to $1.40 a gallon. Natural gas for December delivery rose 26.3 cents to $7.02 per 1,000 cubic feet.In London, December Brent crude rose $2.85 to $60.20 a barrel on the ICE Futures exchange.
Spain to participate in G20 finance summit: EU
07 November 2008, 23:06 CET
(MADRID) - Spain will take part in next week's G20 summit in Washington, the European Union's French presidency said late Friday.French President Nicolas Sarkozy earlier told journalists, after a meeting of EU leaders in Brussels to prepare the Washington summit, that Paris has two seats at the November 15 meeting -- one for France and one for the EU's presidency.It's not a problem that Spain takes one of the two seats, he said.Spain will join Britain, France, Germany and Italy among European representatives, after the world's eighth largest economy was left out of an informal meeting of leaders of these four countries called last month to tackle the global financial crisis.Sarkozy also wanted to see the Netherlands attend the Washington gathering.The White House has said attendance will be limited to the Group of 20 richest nations and biggest emerging economies.This is a meeting that was called by (US President George W.) Bush and it is up to him, in dialogue with the European Union, to take the necessary decisions, Spanish Prime Minister Jose Luis Zapatero said.
Created in 1999, the Group of 20 accounts for 85 percent of the world economy and about two-thirds of the world's population.It comprises the seven major industrialised nations -- Britain, Canada, France, Italy, Japan, Germany and the United States -- and Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea and Turkey.It also includes the 27-nation European Union, of which both Spain and the Netherlands are members.2008 EUbusiness Ltd.
Text of the G-20 communiqué
ReutersPublished: November 10, 2008
SAO PAULO: The Group of 20 developing and emerging economies agreed on Sunday there was a need for coordinated action to tackle a financial slump caused by the credit crisis. Following is the statement issued by the G20:
Communiqué Meeting of Ministers and Governors Sao Paulo -8-9 November 2008
1. We, the Finance Ministers and Central Bank Governors of the G-20, held our tenth annual meeting in Sao Paulo, Brazil. We met at a time when the global economy is facing its most serious financial crisis and economic slowdown in decades. We discussed the causes of and policy responses to the global financial crisis, and shared perspectives on scenarios going forward, with a particular focus on ensuring financial stability, supporting global growth and maintaining recent achievements in poverty reduction and social inclusion.
2. We welcomed that the Heads of G-20 countries will convene for a Leaders Summit on Financial Markets and the World Economy to be held on 15 November 2008 in Washington, noting that the global crisis requires global solutions and a common set of principles and that the forthcoming summit is an important step in enhancing international cooperation. We stand ready to urgently take forward work and actions agreed by our ders to restore and maintain financial stability and support global growth.
3. We noted that the current financial crisis is largely a result of excessive risk taking and faulty risk management practices in financial markets, inconsistent macroeconomic policies, which gave rise to domestic and external imbalances, as well as deficiencies in financial regulation and supervision some advanced countries.
Obama's top aide urges help for auto industry
4. The key challenge is to resolve the financial crisis in a durable manner and to mitigate the impact of the crisis on global economic activity through comprehensive, coordinated and timely measures as appropriate. Measures must be designed not only to restore growth and financial stability, but also to minimize the negative social impact particularly in emerging and low income countries. The G-20, with its broad representation of major systemically important economies, has a critical role to play in ensuring global financial and economic stability, and, with that purpose, is committed to enhancing collaboration.
5. We welcomed the bold and decisive measures taken in a number of countries to stabilize financial markets and restore the flow of credit, to support global economic growth. These measures have begun to stabilize the banking system and other financial sectors. However, there remains considerable volatility in global financial markets. We will continue to work together to take all necessary actions to reduce this volatility and restore normal functioning of money and credit markets in both advanced and emerging market countries.
6. We agreed that all countries must address the risks associated with excessive leverage and improve their regulatory and supervisory regimes in order to deliver improved risk assessment and management by financial institutions, to enhance transparency and accountability in financial markets, as well as to strengthen international cooperation to identify and respond preemptively to national and international systemic risks. Furthermore, we recognized the need to improve the supervision and governance of financial institutions, at both national and international levels. In this regard, we should consider ways of enhancing the identification of systemically important institutions and ensure proper oversight of these institutions, including credit rating agencies. We should ensure that all sectors of the financial industry, as appropriate, are regulated or subjected to oversight. We agreed that it is important to address the issue of pro-cyclicality in financial market regulations and supervisory systems. We also agreed that financial institutions should have common accounting standards and clear internal incentives to promote stability and that action needs to be taken, through voluntary effort or regulatory action, to avoid compensation schemes which reward excessive short-term returns or risk taking. Regulators and supervisors should enhance their vigilance and cooperation with respect to cross-border flows.
7. We expressed concern over the impact of the spreading international financial crisis on the real economy through trade, credit and currency transmission channels. We considered in particular the severe challenges it poses to short-term growth. Advanced economies, where the crisis came into being, are slowing markedly and some are already close to or in recession. We are also seeing evidence of slower growth in emerging markets, and while overall these countries should continue to play an important role in supporting world growth, emerging economies are facing external financing pressures. We recognized that a pronounced lack of confidence has led to severe credit constraints, which affects consumption, investment and employment. We affirmed our determination to e all necessary steps to foster non-inflationary growth in a stable and sustainable manner according to the needs and available instruments in our respective countries, including through monetary and fiscal policy. We recognized the need to support the efforts of the emerging economies and, especially, to help them find additional resources for their development. We urged all countries to resist protectionist pressures, whether in respect of trade or investment, and reiterate our strong support for a prompt and ambitious conclusion of the Doha Development Round of trade negotiations.
8. One of the most deleterious aspects of the current crisis is the freeze in the private credit and equity markets and the tendency of capital to flow back to where the current crisis originated. We should explore ways to restore emerging and developing countries' access to credit and resume private capital flows which are critical for sustainable growth and development, including ongoing infrastructure investment.
9. We noted that fiscal policies have served as an important instrument to address the current financial crisis, including through government support to the financial sector and have performed an important stabilization role and in mitigating further negative effects on markets and on economic activity. Some countries are also considering additional fiscal measures to stimulate the economy and we agreed that countries must use all their policy flexibility consistent with their circumstances, to support sustainable growth, while we recognize the importance of fiscal sustainability for macroeconomic stability and growth. It is essential that the recent gains in reduction of poverty and social inequality are not set back by the financial crisis and global economic slowdown. Less developed countries would probably need more flexible frameworks. Furthermore, in cases where severe market disruptions have limited access to the necessary financing for counter-cyclical fiscal policies, multilateral development banks must ensure arrangements are in place to support, as needed, those countries with a good track record and sound policies.
10. We recognized that many low income countries are particularly vulnerable to commodity price volatility and changes in investor sentiment due to the financial crisis. We agreed on the importance of maintaining official flows, including aid flows, to these countries in line with existing commitments and urge all multilateral development banks to work to sustain the momentum of infra-structure investment for development in low income countries.
11. We recognized the relevance of adopting sound monetary policies. The recent slowdown in world growth and consequent reduction of commodity prices have decreased inflationary pressures especially in advanced economies and permitted central banks to decide on monetary easing. In those economies facing currency depreciation and still suffering from second round effects, inflationary pressures may be more persistent. In this context, monetary authorities will need to continue to carefully monitor economic developments, including the consequences of financial deleveraging, in order to take appropriate action if needed.
12. We underscored that the Bretton Woods Institutions must be comprehensively reformed so that they can more adequately reflect changing economic weights in the world economy and be more responsive to future challenges. Emerging and developing economies should have greater voice and representation in these institutions. We welcome the progress made this year in reforming the IMF. We also noted the first step in the ongoing process of reform of the World Bank Group, which is to be followed by a wider share realignment. We emphasized our commitment to further reform the Bretton Woods Institutions in order to increase their legitimacy and effectiveness. Such reforms should also take into account the interests of the poorest countries and reflect their distinct mandates.
Obama's top aide urges help for auto industry
13. At this juncture, the IMF, the World Bank Group and other international financial institutions have an important role to play, consistent with their mandates, in helping to stabilize and strengthen the international financial system, advancing international cooperation for development and assisting countries affected by the crisis. To meet this task, we should review the adequacy of the resources of the IMF, the World Bank Group and other multilateral development banks and stand ready to increase them where necessary. In this context, we welcome the use of the IMF's emergency procedures to provide substantial assistance quickly to countries in need, and also the creation of a new short-term liquidity facility, which allows quick disbursements without traditional conditionality for countries with strong economic policy track records. We urge the IMF to continue to review and adapt its lending instruments to adequately meets its member needs and revise its lending role in the light of ongoing financial crisis.
14. We agreed that we must draw policy lessons from the current crisis and take all necessary steps to restore market confidence and stability and to minimize the risk of a future crisis. Given its near universal membership and core macro-financial expertise, the Fund should take a leading role in this task consistent with its mandate. We believe that the IMF must enhance its early warning capabilities with due regard to systemically important economies, in order to anticipate stresses and identify at an early stage vulnerabilities, systemic weaknesses and spillover risks across financial markets that can endanger both the international financial system and the global economy. We also underline the importance of strengthening the IMF surveillance and policy advice leading to appropriate and timely macroeconomic policy responses from all countries.
15. In response to the challenges presented by the global financial situation, and recognizing the global nature of financial markets, we believe that the FSF must expand to a broader membership of emerging economies.
16. We agreed that the G-20 plays a vital role in responding to challenges facing the world economy and must maximize its effectiveness. G-20 deliberations should focus primarily on concrete policy outcomes. Consideration should be given to holding G-20 Ministers and Central Bank Governors' meetings in the run-up to the meetings of the Bretton Woods institutions with the flexibility to hold ad hoc Ministerial meetings when necessary.
17. We thanked our Brazilian hosts for chairing the G-20 this year, and looked forward to further effective collaboration in the G-20 next year under the United Kingdom's chair. We welcome the Republic of Korea as a member of the Troika in 2009 and chair of the G-20 in 2010.
G20 meeting ends with pledges to tackle global financial meltdown
www.chinaview.cn 2008-11-10 13:02:27
SAO PAULO, Nov. 10 (Xinhua) -- Finance ministers and central bank governors from the Group of 20 (G20) major industrial and emerging economies closed their annual meeting here Sunday, vowing to jointly tackle the global financial crisis. The G20 has a critical role to play in ensuring global financial and economic stability, said a joint statement released at the end of the two-day meeting. Brazilian Finance Minister Guido Mantega, who chaired the meeting, said the participants agreed that joint and coordinated action, greater regulation of financial markets and total agreement on policies are required to regain financial stability. Other actions agreed upon at the meeting include fiscal incentives to enterprises, and more international cooperation to identify and rapidly respond to signs of national and international crisis. The officials agreed that tax cuts and increased government spending are necessary to avoid a recession. They also pledged increased communication and coordination in the face of the crisis. The agreements reached at the meeting will be discussed further at the upcoming summit of the group's leaders scheduled for Friday and Saturday in Washington. Mantega, whose country holds the rotating presidency of the bloc, said each country will take action according to its own situation. He described Russia's call for the founding of a G20 treaty similar to the EU's Maastricht Treaty, which defines the fiscal targets of EU members, as an interesting alternative. However, as the United States and some EU countries have larger fiscal deficits than others, they should be given larger deficit tolerance under such a treaty, he added. Mantega said most participants believed the bailout packages of the United States and Europe have so far failed to restore the credit lines and confidence needed to halt the crisis. Thus, additional measures are necessary, he said.
Brazilian President Luiz Inacio Lula da Silva called for a new world financial architecture to be built in the wake of the current financial crisis. Lula made the plea for a serious and urgent reform of the current global financial system, which he described as a castle made of playing cards.The Group of Seven (G7) alone will not be able to resolve the world's problems, and we need a new, more participative governance, Lula said. The G7 is composed of the seven major industrial countries -- the United States, Japan, Britain, Germany, France, Italy and Canada. It is high time for a pact among states to create a new global financial architecture, he added. During the meeting, the World Bank, United States and Brazil hailed China's massive domestic economic stimulus plan aimed at fending off the international financial crisis. World Bank head Robert Zoellick, who also attended the G20 meet, said China is preparing for strong fiscal expansion as a response to the economic situation at home. Calling the move very wise, Zoellick said China's policy of investment expansion and increased infrastructure inputs could be a model for other countries. David McCormick, the U.S. Treasury Department's undersecretary for international affairs, said China's move could also benefit other nations in the aftermath of the crisis. Mantega said China had taken the lead with the plan to avoid an economic slowdown following the international financial turmoil. He said Beijing's program is an anti-cyclic policy to avoid the shrinking of the nation's economy. China announced Sunday that it will loosen credit conditions, cut taxes and embark on a massive infrastructure spending program in a wide-ranging effort to offset adverse global economic conditions by boosting domestic demand. A stimulus package estimated at 4 trillion yuan (about 570 billion U.S. dollars) will be spent over the next two years to finance programs in 10 major areas, such as low-income housing, rural infrastructure and transportation. Zhou Xiaochuan, governor of China's central bank, said his country will help stabilize international financial markets by maintaining economic growth and expanding domestic demand. China's central bank is closely following the situation in international financial markets to make policies on further readjustment of interest rate, Zhou said. He said the central bank will cooperate with the International Monetary Fund to stabilize financial markets. Zhou predicted an 8-9 percent economic growth for China next year, saying the steady growth of the Chinese economy will help global financial markets return to normal. Founded in 1999, the G20 is a forum to promote dialogue between advanced and emerging economies on key issues concerning economic growth and the stability of the financial system. The bloc comprises the European Union, the United States, Britain, France, Germany, Italy, China, Russia, Japan, India, South Korea, Indonesia, Turkey, Saudi Arabia, South Africa, Canada, Australia, Argentina, Brazil, Mexico and the Bretton Woods Institutions.
China's 4 trillion yuan stimulus to boost economy, domestic demand
www.chinaview.cn 2008-11-09 19:35:15 Special Report: Global Financial CrisisBackgrounder: A timeline of China's recent economic-stimulus measures A timeline of China's macro-economic policy shifts over 30 years
BEIJING, Nov. 9 (Xinhua) -- China said on Sunday it will loosen credit conditions, cut taxes and embark on a massive infrastructure spending program in a wide-ranging effort to offset adverse global economic conditions by boosting domestic demand.
This is a shift long advocated by analysts of the Chinese economy and by some within the government. It comes amid indications that economic growth, exports and various industries are slowing. A stimulus package estimated at 4 trillion yuan (about 570 billion U.S. dollars) will be spent over the next two years to finance programs in 10 major areas, such as low-income housing, rural infrastructure, water, electricity, transportation, the environment, technological innovation and rebuilding from several disasters, most notably the May 12 earthquake. The policies include a comprehensive reform in value-added taxes, which would cut industry costs by 120 billion yuan. Commercial banks' credit ceilings will be abolished to channel more lending to priority projects, rural areas, smaller enterprises, technical innovation and industrial rationalization through mergers and acquisitions. The decision was announced on Sunday by the State Council, or cabinet, after Premier Wen Jiabao presided over an executive meeting on Wednesday. The meeting decided that credit expansion must be rational and target spheres that would promote and consolidate the expansion of consumer credit.With 100 billion yuan from current-year central government funds and another 20 billion yuan brought forward from next year's budget for post-disaster reconstruction, the fourth quarter is expected to see a total investment of 400 billion yuan across the nation. The massive spending plan was expected to play a remarkable role in sustaining growth as 4 trillion yuan investment is an equivalent of one third of the nation's total fixed asset investment last year, according to Zhang Liqun, researcher with the Development Research Center of the State Council. With the deepening of the global financial crisis over the past two months, the government must take flexible and prudent macro-economic policies to deal with the complex and changing situation, said the meeting.
The meeting also announced that China will adopt active fiscal and moderately active monetary policies and map out more forceful measures to expand domestic demand, speed up the construction of public facilities and improve living standards of the poor to achieve steady and relative fast economic growth. The active fiscal policy alone would not bear much fruit without the coordination of easing monetary policy. The two should work together to confront the economic complexity of home and abroad, said Yuan Gangming, researcher with the Center for China in the World Economy of Tsinghua University. The policy change comes out in time as the global financial crisis begins to affect China's real economy. The adjustment is more resolute and timely as China draw lessons from the Asian financial crisis in 1998, said director of the Research Institute for Fiscal Science of Ministry of Finance Jia Kang. He noted the easing policy was expected to prevent big ups and downs in the economy. He said the value-added tax reduction would encourage enterprises to invest more in the long run. The macro-economic policy changes announced on Sunday are one of only a few major shifts during the 30 years since the beginning of reform and opening up in 1978.The most recent modification was in December, when the government resorted to a combination of tight monetary policy and prudent fiscal policy to fight inflation.
With the monthly consumer price index, the main gauge of inflation, expected to drop further through year-end -- after plunging from a 12-year high of 8.7 percent in February to 4.6 percent in September -- the focal task of macro-economic control has shifted from beating inflation to sustaining economic growth. The past three months have seen a series of stimulus policies: interest rate cuts, lower bank reserve requirement ratios, tax changes, higher credit quotas and the injection of central government funds to infrastructure construction. The meeting decided that higher investment must be able to facilitate economic restructuring, promote growth potential by channeling investment to where it's most needed and spur private consumption. Although the economy has maintained double-digit growth for years, fixed-asset investment and exports have dwarfed consumption as the two pillars of expansion. With global recession clearly in view, China must sustain itself by exploiting the domestic market to offset weaker demand abroad. The meeting identified the ongoing world economic adjustment as a new opportunity for China to speed industrial restructuring, introduce advanced technologies and talents from abroad. Despite challenges, China has a great potential to develop its domestic demand and a solid financial system, the meeting noted. As long as we take the right measures in a resolute and timely way to grasp the chance and rise to the challenges, we will surely secure steady and relative fast economic growth, the meeting noted.
Think-tank urges caution in EU over sovereign wealth funds
LUCIA KUBOSOVA Today NOV 10,08 @ 09:28 CET
EUOBSERVER / BRUSSELS - Europe should address the security concerns stemming from foreign investments - especially from authoritarian countries before it moves to make use of them in the current financial crisis, an influential Brussels-based think tank Bruegel has suggested.The report, published on Friday (7 November) points out that there is a clear tendency of a growing share of inward investment into the EU, including from sovereign wealth funds, to be coming from countries with diverse political regimes with which Europeans may not always see eye-to-eye.Sovereign wealth funds (SWFs) are state-owned investment funds composed of financial assets such as stocks, bonds, or other financial instruments. They have gained worldwide exposure recently by investing in several Wall Street financial firms that required substantial cash infusions due to the subprime mortgage crisis.In Britain, some banks, including Barclays and Lloyds TSB, have turned to SWFs for capital to avoid the offer from the government's bail-out fund or to repay state preference shares as soon as possible, with Barclays having accepted some €8.9 billion from Abu Dhabi and Qatar.The current crisis may increase both Europe's need for such investment and its sensitivity to the non-economic implications, the authors of the report suggest, adding that illiberal or authoritarian countries now control more than 15 percent of world gross domestic product.And they argue that while investor countries have incentives to refrain from political use of their assets, these incentives are not powerful enough to spare Europe its own assessment of security risks linked to new trends in foreign investment.The solution should be a comprehensive, open and sustainable framework to address the security aspects of foreign acquisitions, without which there is a risk of protectionist drift that could harm the economy and impair the integrity of the single market.The Bruegel think-tank argues that while there could be common EU legislation to anchor the aims and mechanisms for review of foreign investments, the security assessment of individual investments should be kept as the exclusive national competence.
The issue has recently been thrust into the spotlight with French leader Nicolas Sarkozy suggesting in October that EU member states should set up their own SWFs to purchase stakes in key companies in the region to prevent foreign predators from seeking control at knockdown prices.The French media suggested Paris is thinking of a fund worth a total of €100 billion, to be put in addition to €10.5 billion already earmarked for boosting the capital of France's six biggest banks. But the idea has sparked anger in other European corners, mainly in Germany, Europe's biggest economy.
Auditor praises EU accounts despite problems
VALENTINA POP Today NOV 10,08 @ 17:44 CET
EUOBSERVER / BRUSSELS - The European Court of Auditors on Monday (10 November) gave for the fist time a clean bill of health to the EU's accounting books, while stressing that most of the irregularities with EU funds lie in the responsibility of national governments.Due to the improvements that have taken place in technical accounting terms, the reservations expressed in the previous reports are no longer necessary, allowing the court for the first time in 14 years to provide a clean opinion on the EU's annual accounts for 2007, Vitor Caldeira, the president of the European Court of Auditors, told MEPs on Monday.But the report still finds a high number of irregularities in the actual spending of EU structural funds (€42 billion) - where it estimates that at least 11 percent of the value of reimbursed cost claims should not have been paid out. According to the court's criteria, the acceptable irregularity threshold lies at 5 percent.Another red area where the court found a high number of errors was agriculture and rural development (€51 billion euro).On the EU's measures to reform the management of its budget, the court identified further progress in the [European] Commission's supervisory and control systems, in particular in the area of monitoring and reporting.Yet the improved high level controls, including the commission's supervision of member state cannot compensate for inadequate lower level controls, including on-the-spot-checks, actions which lie in the area of responsibility of national governments, Mr Caldeira stressed.
Tougher stance from the commission
EU commissioner for administration, audit and anti-fraud, Siim Kallas also underlined on Monday that the bloc's executive body shall not hesitate to take a tough stance and suspend payments until all member states implement adequate corrective measures. And where errors have financial impact, we shall recover the money.I do hope the report will also mobilise member states to do their job better so that errors on the ground are prevented and corrected, he said.Following last year's report from the Court of Auditors, the European Commission has toughened its stance on suspending payments and recovering money where irregularities were found. The financial correction imposed on member states in 2008 amounted to €843 million, almost double than in 2007. Another €1.5 billion is expected to be recovered by March 2009. Among the countries hit by these corrective measures this year were Italy, UK, Bulgaria and Luxembourg.Yet according to the court's president, corrective actions currently cannot yet be considered to be effective in mitigating errors of legality and/or regularity.In some cases, especially agriculture, correction normally means making national tax payers pay for part of the costs of misapplied schemes, not recovering payments from those directly involved, Mr Caldeira said.On this matter, commission spokesman Michael Mann explained to EUobserver that the national governments are bound to recover the undue payments from the beneficiaries and that nobody would want an army of EU inspectors go across Europe to recover the money from the farmers.
Name and shame governments
German Socialist MEP Herbert Bosch, chairman of the budgetary control committee, told EUobserver that the report highlights the need for national governments to take action, as well as to redesign some of the budgetary policies, since they are marred by errors year by year.Member states need to take responsibility. We can't go on like this. One first step would be for member states to provide national declarations on the expenditures, he said.In a similar move, British Conservative MEP James Elles called for national governments to be named and shamed by the European Commission.Those governments failing to take responsibility for EU funds should be named and shamed. Should this lack of importance in the Council of Ministers continue, we must get a grip and withhold monies they need such as for Common Foreign and Security Policy actions, Mr Elles said in a press release.
Still no EU-Serbia agreement on EULEX deployment
ELITSA VUCHEVA Today NOV 10,08 @ 09:20 CET
Previous reports that the EU has accepted Serbia's conditions for the bloc's police and justice mission EULEX to be deployed throughout Kosovo do not necessarily reflect the EU's official position, the EU's special representative in Kosovo Pieter Feith has said.Comments that are attributed to a European Commission official are not the EU's official position, Mr Feith stated on Saturday (8 November), according to Serbian news portal B92.net.The deployment of EULEX has proven more difficult than planned. (Photo: Pim de Kuijer)He was referring to reports that the commission's western Balkans director, Pierre Mirel, had said on Friday the EU would accept Serbian demands that its 2,200-strong mission be neutral regarding Kosovo's status, and approved by the UN Security Council.Kosovo was governed by the UN for nine years until it declared unilateral independence from Serbia in February.
Belgrade does not recognise this independence and says it would only accept the deployment of the EU's mission if it has guarantees it would in no way mean a direct or indirect recognition of Kosovo as a sovereign state.Serbia also wants EULEX not to be linked to the so-called Ahtisaari plan put forward by former UN special envoy to Kosovo Martti Ahtisaari in February 2007 and which is largely seen as having opened the way for Kosovo's independence a year later.During the weekend, Serbian President Boris Tadic told the country's Tanjug news agency: We are only in the stage in which our preconditions for the deployment of EULEX are accepted in the statements and formulations of ranking EU officials. However, before we get guarantees on paper, no agreement can be made.He added that Serbia has been discussing the deployment of EULEX in Kosovo solely with United Nations officials and that talks are not over yet.But a mission that would fit Belgrade's demands and those of Kosovo's Serbs would not satisfy Kosovar Albanians, who share the opposite view and do not want a status-neutral EULEX.Kosovo does not need a [status] neutral EULEX. That mission is acceptable only in the way in which it was envisaged in the Ahtisaari plan and any other modification is not acceptable for the Kosovo institutions, a spokesperson for Kosovo's president, Fatmir Sejdiu, said in Pristina.
Given the current deadlock and unless an agreement on how to proceed is reached at an UN Security Council meeting on Tuesday, EULEX will be delayed for next year, which is not to anyone's benefit, said Stefan Lehne, western Balkans director with the Council – the institution representing EU states.The deployment of the EULEX police and civilian administration team in Kosovo has already suffered several delays and only some 300 of the planned 2,200 people are currently on the ground, with the initial plan being that they all deploy by the end of the year.
HERE YOU GO ALREADY AMERICA,OBAMA IS DICTATORING THE CONSTITUTION ALREADY.
Obama plans quick use of executive power
The Associated PressPublished: November 10, 2008
WASHINGTON: Barack Obama will assume the U.S. presidency with a real mandate for change, and likely will use his executive powers to make quick changes, perhaps reversing Bush administration policies on stem cell research and oil exploration.
John Podesta, who's handling Obama's preparations to take over in the White House on Jan. 20, said on Sunday that Obama was reviewing President George W. Bush's executive orders on those and other issues as he prepares to put his own stamp on policy after eight years of Republican rule.There's a lot that the president can do using his executive authority without waiting for congressional action, and I think we'll see the president do that, Podesta said. I think that he feels like he has a real mandate for change. We need to get off the course that the Bush administration has set.Use of executive authority is the quickest way for a new president to exert his power, given that passage of new laws by Congress can be a painfully slow process, even when the chief executive enjoys a legislative majority.Podesta pointed specifically to two particularly controversial Bush executive orders as candidates for reversal.
Today in Americas
Deported from U.S. in a coma, returned to U.S. to be saved.Obama weighs quick undoing of Bush policy.After America's imperial presidency,I think across the board, on stem cell research, on a number of areas, you see the Bush administration even today moving aggressively to do things that I think are probably not in the interest of the country, Podesta said.Obama has supported stem cell research in an effort to find cures for diseases such as Alzheimer's.Also, the federal Bureau of Land Management is opening about 360,000 acres (145,000 hectares) of public land in Utah to oil and gas drilling, leading to protests from environmentalists.They want to have oil and gas drilling in some of the most sensitive, fragile lands in Utah, Podesta said. I think that's a mistake.Speaking on Fox television, Podesta said Obama was working to build a diverse Cabinet likely to include Republicans and independents — part of the broad coalition that supported Obama during the race against Republican John McCain.Defense Secretary Robert Gates has been mentioned as a possible holdover.He's not even a Republican, Senate Majority Leader Harry Reid of Nevada said on CNN. Why wouldn't we want to keep him? He's never been a registered Republican.Obama, who will be the nation's 44th president, was to hold its first postelection meeting with Bush this week.
Bush and first lady Laura, will host Obama, his wife Michelle, and their two daughters — 10-year-old Malia and 7-year-old Sasha — for a Monday tour of the executive mansion. Obama and Bush were expected to hold substantive meetings then as well.Valerie Jarrett, co-chair of the Obama transition team, said Michelle Obama, the next first lady, would focus on her two daughters and has no interest in a role in decision-making.Jarrett told NBC television her friend would first work to settle her daughters into their new life at the White House. Then, Jarrett said, the next first lady wanted to help women juggling a career and motherhood, assist military spouses and promote volunteerism.In other transition matters, Obama's new chief of staff, Rahm Emanuel, would not say whether Obama would return to the Senate for votes during the postelection session this month.Obama's presence would be extraordinary, given his position as president-elect, especially if Congress takes up a much-anticipated economic stimulus plan.I think that the basic approach has been he's going to be ... in Chicago, setting up his economic, not only his economic team, but the policies he wants to outline for the country as soon as he gets sworn in, so we hit the ground running, Emanuel said.During a coming lame-duck session, Congress will take up a second economic stimulus package in hopes of stopping the country's downward economic skid.Obama said at his first postelection news conference on Friday that his priority on taking office was such a package that he would work to push through if Congress fails to pass the legislation or if should Bush veto it.Emanuel would not commit to a Democratic proposal to help the failing American auto industry with some of the $700 billion approved last month by Congress to help the financial sector.On Saturday, U.S. Secretary of State Condoleezza Rice met with Russian Foreign Minister Sergey Lavrov at an Egyptian Red Sea resort in an effort to ease escalating tensions in the final weeks of the Bush administration.
Lavrov said Russia was not satisfied with the latest U.S. proposals on nuclear arms reduction and missile defense, but declared that positions expressed earlier by Obama provide hope for a more constructive approach, Russian news agencies reported Sunday.Meanwhile, Obama's name was invoked at church services nationwide on Sunday, but he didn't attend any of them. He went to the gym instead.Obama doesn't have a church in Chicago since he severed ties in April with his longtime pastor, the Rev. Jeremiah Wright Jr. His decision on which church to attend when he moves to Washington will undoubtedly be closely watched.When he left Trinity United Church of Christ in May, Obama said his family would look for a new congregation. Obama spokeswoman Jen Psaki said Sunday that the president-elect hadn't yet picked a church.On the Net:Transition office: http://change.gov/
NUCLEAR WEAPONS WILL BE USED.
PSALMS 97:3
3 A fire goeth before him, and burneth up his enemies round about.
REVELATION 14:18-20
18 And another angel came out from the altar, which had power over fire; and cried with a loud cry to him that had the sharp sickle, saying, Thrust in thy sharp sickle, and gather the clusters of the vine of the earth; for her grapes are fully ripe.
19 And the angel thrust in his sickle into the earth, and gathered the vine of the earth, and cast it into the great winepress of the wrath of God.
20 And the winepress was trodden without the city,(JERUSALEM) and blood came out of the winepress, even unto the horse bridles, by the space of a thousand and six hundred furlongs.(200 MILES) (THE SIZE OF ISRAEL)
ISAIAH 66:15-18
15 For, behold, the LORD will come with fire, and with his chariots like a whirlwind, to render his anger with fury, and his rebuke with flames of fire.
16 For by fire and by his sword will the LORD plead with all flesh: and the slain of the LORD shall be many.
17 They that sanctify themselves, and purify themselves in the gardens behind one tree in the midst, eating swine's flesh, and the abomination, and the mouse, shall be consumed together, saith the LORD.
18 For I know their works and their thoughts: it shall come, that I will gather all nations and tongues; and they shall come, and see my glory.
ISAIAH 26:21
21 For, behold, the LORD cometh out of his place to punish the inhabitants of the earth for their iniquity: the earth also shall disclose her blood, and shall no more cover her slain.(WW3,1/2 earths population die).
ISAIAH 13:6-13 KJV
6 Howl ye; for the day of the LORD is at hand; it shall come as a destruction from the Almighty.
7 Therefore shall all hands be faint, and every man's heart shall melt:(FROM FRIGHT)
8 And they shall be afraid: pangs and sorrows shall take hold of them; they shall be in pain as a woman that travaileth: they shall be amazed one at another; their faces shall be as flames.
9 Behold, the day of the LORD cometh, cruel both with wrath and fierce anger, to lay the land desolate: and he shall destroy the sinners thereof out of it.
10 For the stars of heaven and the constellations thereof shall not give their light: the sun shall be darkened in his going forth, and the moon shall not cause her light to shine.
11 And I will punish the world for their evil, and the wicked for their iniquity; and I will cause the arrogancy of the proud to cease, and will lay low the haughtiness of the terrible.
12 I will make a man more precious than fine gold; even a man than the golden wedge of Ophir.
13 Therefore I will shake the heavens, and the earth shall remove out of her place, in the wrath of the LORD of hosts, and in the day of his fierce anger.
ISAIAH 24:17-23 KJV
17 Fear, and the pit, and the snare, are upon thee, O inhabitant of the earth.
18 And it shall come to pass, that he who fleeth from the noise of the fear shall fall into the pit; and he that cometh up out of the midst of the pit shall be taken in the snare: for the windows from on high are open, and the foundations of the earth do shake.
19 The earth is utterly broken down, the earth is clean dissolved, the earth is moved exceedingly.
20 The earth shall reel to and fro like a drunkard, and shall be removed like a cottage; and the transgression thereof shall be heavy upon it; and it shall fall, and not rise again.
21 And it shall come to pass in that day, that the LORD shall punish the host of the high ones that are on high, and the kings of the earth upon the earth.
22 And they shall be gathered together, as prisoners are gathered in the pit, and shall be shut up in the prison, and after many days shall they be visited.
23 Then the moon shall be confounded, and the sun ashamed, when the LORD of hosts shall reign in mount Zion, and in Jerusalem, and before his ancients gloriously.
2 TIMOTHY 3:1
1 This know also, that in the last days perilous (DANGEROUS) times shall come.
JOEL 2:3,30
3 A fire devoureth before them; 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.
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.
ZECHARIAH 14:12-13
12 And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet, and their eyes shall consume away in their holes, and their tongue shall consume away in their mouth.
13 And it shall come to pass in that day, that a great tumult from the LORD shall be among them; and they shall lay hold every one on the hand of his neighbour, and his hand shall rise up against the hand of his neighbour.
EZEKIEL 20:47
47 And say to the forest of the south, Hear the word of the LORD; Thus saith the Lord GOD; Behold, I will kindle a fire in thee, and it shall devour every green tree in thee, and every dry tree: the flaming flame shall not be quenched, and all faces from the south to the north shall be burned therein.
ZEPHANIAH 1:18
18 Neither their silver nor their gold shall be able to deliver them in the day of the LORD'S wrath; but the whole land shall be devoured by the fire of his jealousy: for he shall make even a speedy riddance of all them that dwell in the land.
MALACHI 4:1
1 For, behold, the day cometh, that shall burn as an oven; and all the proud, yea, and all that do wickedly, shall be stubble: and the day that cometh shall burn them up, saith the LORD of hosts, that it shall leave them neither root nor branch.
REVELATION 8:7
7 The first angel sounded, and there followed hail and fire mingled with blood, and they were cast upon the earth: and the third part of trees was burnt up, and all green grass was burnt up.
REVELATION 9:18
18 By these three was the third part of men killed, by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.
HALF OF EARTHS POPULATION DIE DURING THE 7 YR TRIBULATION.(THESE VERSES ARE JUDGEMENT SCRIPTURES NOT RAPTURE SCRIPTURES)
LUKE 17:34-37
34 I tell you, in that night there shall be two men in one bed; the one shall be taken, and the other shall be left.
35 Two women shall be grinding together; the one shall be taken, and the other left.
36 Two men shall be in the field; the one shall be taken, and the other left.
37 And they answered and said unto him, Where, Lord? And he said unto them, Wheresoever the body is, thither will the eagles be gathered together.(Christians have new bodies,this is the people against Jerusalem during the 7 yr treaty)(Christians bodies are not being eaten by the birds).
MATTHEW 24:37-51
37 But as the days of Noe were, so shall also the coming of the Son of man be.
38 For as in the days that were before the flood they were eating and drinking, marrying and giving in marriage, until the day that Noe entered into the ark,
39 And knew not until the flood came, and took them all away; so shall also the coming of the Son of man be.
40 Then shall two be in the field; the one shall be taken, and the other left.
41 Two women shall be grinding at the mill; the one shall be taken, and the other left.
42 Watch therefore: for ye know not what hour your Lord doth come.
43 But know this, that if the goodman of the house had known in what watch the thief would come, he would have watched, and would not have suffered his house to be broken up.
44 Therefore be ye also ready: for in such an hour as ye think not the Son of man cometh.
45 Who then is a faithful and wise servant, whom his lord hath made ruler over his household, to give them meat in due season?
46 Blessed is that servant, whom his lord when he cometh shall find so doing.
47 Verily I say unto you, That he shall make him ruler over all his goods.
48 But and if that evil servant shall say in his heart, My lord delayeth his coming;
49 And shall begin to smite his fellowservants, and to eat and drink with the drunken;
50 The lord of that servant shall come in a day when he looketh not for him, and in an hour that he is not aware of,
51 And shall cut him asunder, and appoint him his portion with the hypocrites: there shall be weeping and gnashing of teeth.
Venezuela's Chavez Says He Wants Nuclear Deal With Russia NOV 9,08
CARACAS (AFP)--Venezuelan President Hugo Chavez said Saturday he was looking forward to signing nuclear cooperation agreements with Russia during a coming visit to Venezuela by Russian President Dmitry Medvedev.Atomic energy. Technology for Venezuela. We are going to have atomic reactors, and they'll soon accuse us of building 100 atomic bombs, Chavez told a rally of supporters a day after a Russian delegation left Caracas where it prepared for Medvedev's visit.Chavez said he would sign nuclear cooperation agreements for peaceful purposes when Medvedev visits Caracas toward the end of November.It has to be said, Chavez said about his non-aggressive plans for nuclear energy, adding that the only giant and infinite atomic bomb Venezuela posessed was the morale and consciousness of the Venezuelan people.
You are our atomic bomb, he said, apparently trying to forestall the barrage of international criticism his nuclear deal with Russia will likely trigger.The U.S. has already slammed Chavez for his arms deals with Moscow and considers a nuclear Venezuela under Chavez an ominous possibility.Russian Prime Minister Vladimir Putin was first to propose nuclear cooperation with Venezuela when Chavez visited Moscow in September.Friday, the visiting Russian delegation of politicians and some 60 businessmen signed with Chavez 15 cooperation agreements in the financial, industrial, mining, aerospace, energy and telecommunications sectors.Medvedev's visit will coincide with the arrival of a fleet of Russian warships that includes the nuclear-powered cruiser Pyotr Veliky (Peter the Great) for maneuvers in the Caribbean.It would be the first time that Russian warships sail into the region since the end of the Cold War.Venezuela and Russia were also due to finalize new arms purchases, including tanks and planes, according to sources from both countries.
They have signed $4.4 billion in bilateral arms deals since 2005, including radars, 24 Sukhoi-30 planes, 50 helicopters and 100,000 Kalashnikov automatic rifles.Chavez on Saturday said Venezuela's alliance with Russia has not come easily.It cost us a lot, but we're finally getting there, he said, adding that both countries have now become strategic allies.Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http:// www.djnewsplus.com/al?rnd=T%2FTO2Y5Sel8mL8G1fy6EOg%3D%3D. You can use this link on the day this article is published and the following day. (END) Dow Jones Newswires.
I WRITE NEWS ABOUT AND PUT NEWS ARTICLES ABOUT ISRAEL AND JERUSALEM PERTAINING TO BIBLE PROPHESY HAPPENINGS.JOEL 3:20 But Judah (ISRAEL) shall dwell for ever, and Jerusalem from generation to generation.(THATS ISRAEL-JERUSALEM WILL NEVER BE DESTROYED AGAIN)-WE CHRISTIANS ARE ALL WAITING PATIENTLY FOR THE PRE-TRIBULATION RAPTURE TO OCCUR.SO WE CAN GO TO JESUS AND GET OUR NEVER DYING BODIES.SO WE CAN RULE OVER CITIES OURSELVES.WHILE JESUS RULES FROM DAVIDS THRONE FOREVER IN JERUSALEM.
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