EU DICTATOR (WORLD LEADER)
REVELATION 17:12-13
12 And the ten horns (NATIONS) which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
13 These have one mind, and shall give their power and strength unto the beast.
REVELATION 6:1-2
1 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.
2 And I saw, and behold a white horse:(PEACE) and he that sat on him had a bow;(EU DICTATOR) and a crown was given unto him:(PRESIDENT OF THE EU) and he went forth conquering, and to conquer.(MILITARY GENIUS)
REVELATION 13:1-10
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.(THE EU AND ITS DICTATOR IS GODLESS)
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.(DICTATOR COMES FROM NEW AGE OR OCCULT)
3 And I saw one of his heads as it were wounded to death;(MURDERERD) and his deadly wound was healed:(COMES BACK TO LIFE) and all the world wondered after the beast.(THE WORLD THINKS ITS GOD IN THE FLESH, MESSIAH TO ISRAEL)
4 And they worshipped the dragon (SATAN) which gave power unto the beast:(JEWISH EU DICTATOR) and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?(FALSE RESURRECTION,SATAN BRINGS HIM TO LIFE)
5 And there was given unto him a mouth speaking great things and blasphemies; and power was given unto him to continue forty and two months.(GIVEN WORLD CONTROL FOR 3 1/2YRS)
6 And he opened his mouth in blasphemy against God,(HES A GOD HATER) to blaspheme his name, and his tabernacle, and them that dwell in heaven.(HES A LIBERAL OR DEMOCRAT,WILL PUT ANYTHING ABOUT GOD DOWN)
7 And it was given unto him to make war with the saints,(BEHEAD THEM) and to overcome them: and power was given him over all kindreds, and tongues, and nations.(WORLD DOMINATION)
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.(WORLD DICTATOR)
9 If any man have an ear, let him hear.
10 He that leadeth into captivity shall go into captivity: he that killeth with the sword must be killed with the sword. Here is the patience and the faith of the saints.(SAVED CHRISTIANS AND JEWS DIE FOR THEIR FAITH AT THIS TIME,NOW WE ARE SAVED BY GRACE BUT DURING THE 7 YEARS OF HELL ON EARTH, PEOPLE WILL BE PUT TO DEATH (BEHEADINGS) FOR THEIR BELIEF IN GOD (JESUS) OR THE BIBLE.
THE WEEK OF DANIEL 9:27 WE KNOW ITS 7 YRS
Heres the scripture 1 week = 7 yrs Genesis 29:27-29
27 Fulfil her week, and we will give thee this also for the service which thou shalt serve with me yet seven other years.
28 And Jacob did so, and fulfilled her week: and he gave him Rachel his daughter to wife also.
29 And Laban gave to Rachel his daughter Bilhah his handmaid to be her maid.
DANIEL 9:26-27
26 And after threescore and two weeks shall Messiah be cut off, but not for himself: and the people of the prince that shall come (ROMANS IN AD 70) shall destroy the city and the sanctuary;(ROMANS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.
27 And he( EU ROMAN, JEWISH DICTATOR) shall confirm the covenant with many for one week:( 7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,( 3 1/2 YRS) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.
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.
EUROPEAN UNION ARMY
DANIEL 7:23-25
23 Thus he said, The fourth beast (EU,REVIVED ROME) shall be the fourth kingdom upon earth,(7TH WORLD EMPIRE) which shall be diverse from all kingdoms, and shall devour the whole earth, and shall tread it down, and break it in pieces.(TRADING BLOCKS)
24 And the ten horns out of this kingdom are ten kings(10 NATIONS) that shall arise: and another shall rise after them;(#11 SPAIN) and he shall be diverse from the first, and he shall subdue three kings.( BE HEAD OF 3 NATIONS)
25 And he (EU PRESIDENT) 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.(3 1/2 YRS)
DANIEL 8:23-25
23 And in the latter time of their kingdom, when the transgressors are come to the full, a king (EU DICTATOR) of fierce countenance, and understanding dark sentences,(FROM THE OCCULT) shall stand up.
24 And his power shall be mighty, but not by his own power:(SATANS POWER) and he shall destroy wonderfully, and shall prosper, and practise, and shall destroy the mighty and the holy people.
25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes;(JESUS) but he shall be broken without hand.
DANIEL 11:36-39
36 And the king (EU DICTATOR) shall do according to his will; and he shall exalt himself, and magnify himself above every god, and shall speak marvellous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done.
37 Neither shall he regard the God of his fathers,(THIS EU DICTATOR IS JEWISH) nor the desire of women, nor regard any god: for he shall magnify himself above all.(CLAIM TO BE GOD)
38 But in his estate shall he honour the God of forces:(WAR) and a god whom his fathers knew not shall he honour with gold, and silver, and with precious stones, and pleasant things.
39 Thus shall he do in the most strong holds with a strange god,(DESTROY TERROR GROUPS) whom he shall acknowledge and increase with glory: and he shall cause them to rule over many,(HIS ARMY LEADERS) and shall divide the land for gain.
REVELATION 19:19
19 And I saw the beast,(EU LEADER) and the kings of the earth, and their armies, gathered together to make war against him that sat on the horse,(JESUS) and against his army.(THE RAPTURED CHRISTIANS)
LINDSEY WILLIAMS ON IMF,WORLD BANK WORLD CONTROL P-1
http://www.youtube.com/watch?v=NbakN7SLdbk
LINDSEY WILLIAMS ON IMF,WORLD BANK WORLD CONTROL P-2
http://www.youtube.com/watch?v=UGGjbDjnNzw
LINDSEY WILLIAMS ON IMF,WORLD BANK WORLD CONTROL P-3
http://www.youtube.com/watch?v=q39ic04vhNo
LINDSEY WILLIAMS ON IMF,WORLD BANK WORLD CONTROL P-4
http://www.youtube.com/watch?v=ZKCyCYz_aHY
LINDSEY WILLIAMS ON IMF,WORLD BANK WORLD CONTROL P-5
http://www.youtube.com/watch?v=7TYmSGwAumk
LINDSEY WILLIAMS ON IMF,WORLD BANK WORLD CONTROL P-6
http://www.youtube.com/watch?v=fbwMOvV6ctg
LINDSEY WILLIAMS ON IMF,WORLD BANK WORLD CONTROL P-7
http://www.youtube.com/watch?v=L5HGHsy3H_0
LINDSEY WILLIAMS ON IMF,WORLD BANK WORLD CONTROL P-8
http://www.youtube.com/watch?v=cU1oSxTxKg8
LINSEY WILLIAMS ON ALEX JONES AUG 2008 P1
http://www.youtube.com/watch?v=kKSfnAXGnVY
LINSEY WILLIAMS ON ALEX JONES AUG 2008 P2
http://video.google.ca/videoplay?docid=-3055315227399057653&hl=en
CONFESSIONS OF AN ECONOMIC HIT MAN - JOHN PERKINS P-1
http://www.youtube.com/watch?v=yTbdnNgqfs8
CONFESSIONS OF AN ECONOMIC HIT MAN - JOHN PERKINS P-2
http://www.youtube.com/watch?v=29GhXsx7-Rs
LINDSEYS 8 PART IS A MUST SEE HOW THE EU WHICH CONTROLS THE IMF,WORLD BANK CONTROLS THE OIL THAT YOU PAY FOR TO BRING DOWN THE ARABS AND AMERICA AND GIVE RUSSIA,CHINA ECONOMIC POWER. BUT WE KNOW BY THE BIBLE THAT THE EU WILL CONTROL THE WORLDS ECONOMIES THROUGH PEACE AND PROSPERITY. IT EVEN SAYS IN REVELATION DON'T HURT THE OIL AND THE WINE. YES I BELIEVE THROUGH AN ECONOMIC CRASH FROM CHEAP OIL PRICES IRAN AND CHINA WILL SWITCH TO A DIFFERENT CURRENCY WHICH WILL CRASH THE USA IN 1 HOUR LIKE THE BIBLE SAYS,THEN THE EU THROUGH THE IMF,WORLD BANK WILL FORCE THE WORLD TO TAKE A SINGLE CURRENCY. AND THUS THE EU WILL CONTROL THE WORLD ECONOMICALLY THROUGH THE IMF,WORLD BANK. THEY CAN PUT THE WORLD INTO 10 WORLD TRADE BLOCS AND SANCTION OR WAR AGAINST COUNTRIES WHO REFUSE TO GO BY THE EU'S RULES. I BELIEVE THEN LATER ON THE MICROCHIP IMPLANT SYSTEM WILL BE FORCED ON ALL THE WORLD TRADE BLOCS BY SUBMISSION OR CONQUEST.
ONLY GOD KNOWS HOW IT WILL ALL HAPPEN BUT AFTER SEEING THESE VIDEOS OIL WILL BE THE KEY AND THE HIGHER THE PRICE THE MORE MONEY THE IMF,WORLD BANK WILL MAKE. AMERICA HAS ALL KINDS OF OIL IN ALASKA TO KEEP IT SATISFIED FOR YEARS AND YEARS TO COME BUT BECAUSE KISSINGER MADE A DEAL WITH ARAB NATIONS THAT THEY HAD TO SUPPLY CASH TO COVER AMERICAS DEBT AND IN TURN AMERICA WOULD BUY THE ARAB OIL. SADAM (IRAQ) AND IRAN WOULD NOT GO ALONG WITH THE DEAL AND THATS WHY BUSH SENIOR TRICKED SADAM INTO FIGHTING AGAINST KUWAIT,HE SAID HE WOULD FIGHT WITH SADAM BUT BACK STABBED HIM. BUSH SENIOR THEN GOT BOOTED FROM OFFICE AND 8 YEARS LATER GEORGE W HIS SON MADE IT IN AND COULD FINISH WERE SENIOR LEFT OFF. SADAM WAS OVERTAKEN BECAUSE HE WOULD NOT GIVE INTO TO THE KISSINGER OIL DEAL AND WE CAN EXPECT SOMETHING TO HAPPEN TO IRAN NOW FOR SURE SINCE THEY WILL NOT DO THE KISSINGER DEAL EITHER. SO WHETHER ITS ISRAEL OR AMERICA IRAN HAS TO BE OVERTHROWN, OR BEING THE 3RD LARGEST OIL PRODUCER THEY CAN CHANGE TO A DIFFERENT CURRENCY WHICH RUSSIA AND CHINA WOULD FOLLOW BEING CLOSELY ALLIED TOGETHER NOW AS A BLOC WHICH IN TURN WOULD CRASH THE USA IN 1 HOUR IF THEM 3 COUNTRIES DUMPED THE AMERICAN DOLLAR.HOLD ON AMERICA SHES GONNA BE A ROUGH ONE FROM HERE ON IN GET READY. MAYBE THIS MIGHT BE THAT CRISIS BIDEN AND OBAMA SAID WOULD OCCUR TO TEST THE USA AND THE NEW GOVERNMENT LEADER.
Solana worried by Iran's lack of cooperation on nuclear issue Fri Nov 21, 7:12 pm ET
WASHINGTON (AFP) – European Union foreign policy chief Javier Solana said Friday he was worried by an international watchdog's report that Iran is not cooperating with calls to stop its sensitive nuclear work.I am worried (by) the report of the Agency in Vienna, Solana told reporters after the International Atomic Energy Agency (IAEA) issued its report on Wednesday.Solana, tasked with the United States and five other world powers with presenting proposals to the Iranians to stop uranium enrichment, recalled that it is the second IAEA report to say they are not cooperating.And some of the figures he offers about the quantities, the number of centrifuges, are troublesome, Solana added.A top diplomat close to the IAEA said Iran was using some 3,800 centrifuges on November 7 and was ready to get 2,200 more working.The IAEA in a restricted report, a copy of which was obtained by AFP, said that contrary to the decisions of the (UN) Security Council, Iran has not suspended its enrichment-related activities.And as a result of the lack of cooperation by Iran in connection with the alleged studies and other associated key remaining issues of serious concern, the agency has not been able to make substantive progress, it added.
The United States has joined powers China, Russia, Britain, France and Germany in pushing for sanctions against Iran. The Security Council has imposed three sets of sanctions on Tehran over its refusal to halt uranium enrichment.Solana said he hoped that the Obama administration will be more engaged in negotiations with Tehran over its nuclear program and that it take part fully in the negotiations with the five other powers and Iran.For the first time during George W. Bush's administration, third-ranking diplomat William Burns joined Iran's chief negotiator Said Jalili and their counterparts from the five other powers at talks in Geneva in July.Having long insisted that Iran suspend enrichment before meeting its nuclear envoys, officials from the Bush's administration effectively dropped their pre-conditions, analysts said at the time.Solana, who last met Jalili in August, hoped new contacts with Iran would take place soon.There may be another contact in November. Not at my level. It will be below my level. My deputy and their deputy. It is not confirmed yet. It would not be a big event with publicity, it would be a discrete meeting, he said.
The top EU diplomat said he did not expect new UN Security Council sanctions against Iran before the Obama administration assumes its duties on January 20.From here to the new administration, I don't think there will be fundamental change on new sanctions. It does not mean that we do not continue applying sanctions, Solana said.
The major powers are trying to get Iran to suspend uranium enrichment in exchange for an offer of broad cooperation that was presented twice, once in June 2006 and then again in June this year.Washington and its western allies charge that Tehran's nuclear program is a covert one aimed at building a bomb. Iran denies the charges, saying it is for generating electricity.
IMF ready to help Latvia in economic crisis: IMF chief Sat Nov 22, 1:30 am ET
WASHINGTON (AFP) – The International Monetary Fund is ready to rapidly assist Latvia deal with its economic crisis, in close cooperation with the European Union, IMF chief Dominique Strauss-Kahn said Friday in a statement.I have informed the authorities that the IMF stands ready to rapidly assist their efforts in the context of a comprehensive economic program, and in close cooperation with the EU, the managing director said.The IMF's Executive Board has initiated fast-track procedures to release IMF funds to Latvia should the need arise, he added.The financial institution recently simplified its lending procedures to provide quicker aid to needy countries caught up in the global financial turmoil.Latvian Prime Minister Ivars Godmanis announced Thursday his country was about to launch formal talks with the EU and IMF on financial aid to cushion the Baltic nation from its deepening economic crisis.Godmanis told reporters the goal of the talks was to stabilize the financial system.Latvia, which broke free from the crumbling Soviet Union in 1991, has enjoyed a reputation as an economic tiger, notably since joining the EU.But after several years of double-digit growth, the country of 2.3 million people is now grappling with a recession as once-robust domestic demand slumps in the face of high inflation, tighter domestic credit rules and the global economic crisis.The Latvian economy shrank 4.2 percent in the third quarter compared with the same period in 2007 and official data show the country is suffering the sharpest recession in the EU.
The Latvian central bank expects the economy to shrink 1.5-1.7 percent this year and 3.5-3.9 percent in 2009.Several other emerging economies in Europe, including EU member Hungary and non-members Ukraine, Belarus and Serbia have also sought international aid as the global credit crunch threatens the banking industry and markets slump.
President of Indonesia calls for one single global currency NOV 22,08
President Susilo Bambang Yudhoyono has proposed the use of one single global currency to prevent pressures on currencies, in particularly the rupiah, when economic crisis hits. This can at least maintain the stability of currency rates in each country and protect it against pressures of other currencies.The president maintains that with a single global currency rate, there would no longer be a currency exchange crisis and money would not be commercialized. With a single currency, the function of money as a trading value will not change. It could be done in stages, starting with the dollar, euro, or Asian currency, said the president at the Bogor Institute of Agriculture (IPB) yesterday. He has once submitted this idea at an international forum.The root of the global financial crisis, he said, was an imbalance between advanced and developing countries in their capital, technology and natural resources. This is caused by a bubble economy which does not reflect the real sectors, but instead only reflects vast distribution of money, resulting in gaps.On the other hand, Yudhoyono said Indonesia must strengthen its domestic source of funding system and reduce its foreign debts. One of the measures taken was by not joining the International Monetary Fund (IMF) as an effort to avoid a much bigger crisis. Capital can come easily, but they can fly away as easily, said Yudhoyono.
But according to Fauzi Ikhsan, Standard Chartered Bank senior economist, the chances for the single global currency to be implemented are slim, although it is theoretically applicable. It is difficult to unify the countries of the world. It is just unrealistic for the time being, Fauzi argued.As example, he cited the euro, the single currency in Europe, which took more than 10 years to be applied. Even now, not all countries in the continent use it. One of them is the United Kingdom, which maintains its pound sterling because its value is far above the euro and the US dollar.
TODAY BUSH SAID WE NEED GLOBAL TRADING FROM THE REGIONAL WORLD BLOCS SO WE ARE CLOSE TO THE WORLD MERGING INTO THE 10 WORLD TRADE BLOCS HEADED BY THE EU (EUROPEAN UNION). IN FACT ALL 21 LEADERS ARE CALLING FOR GLOBAL TRADE AND OPENESS WORLDWIDE.THESE COUNTRIES HERE REPRESENT 50% OF THE WORLD TRADING.I CAN SEE WHY BUSH IS DESPERATE NOW TO DO WORLD TRADE DEALS QUICK SINCE THE IMF,WORLD BANK CONTROL THE OIL PROFITS.
Apec leaders make free-trade vow NOV 22,08
Apec leaders said trade barriers would stifle global economic growth Leaders from Asia-Pacific countries have pledged not to respond to the global financial crisis by raising trade barriers over the next year. In a statement issued at an Apec summit in Peru, they said protectionism would only worsen a difficult situation. US President George W Bush urged Apec countries, which account for half the world's economic activity, to rely on free markets to resolve the crisis. The meeting is Mr Bush's last scheduled foreign trip as US president. The statement was issued at the half-way point of the Asia-Pacific Economic Cooperation (Apec) summit. There is a risk that slower world economic growth could lead to calls for protectionist measures which would only exacerbate the current economic situation, the Apec leaders said in their joint statement. One of the enduring lessons of the Great Depression is that global protectionism is a path to global economic ruin
George W Bush
It endorses the declaration made at a summit of the Group of 20 rich nations and major developing countries in Washington last weekend. We strongly support the Washington Declaration and will refrain within the next 12 months from raising new barriers to investment or to trade in goods and services [and from] imposing new export restrictions, the statement said. The leaders also said they would push to reach agreement next month on an outline agreement on the stalled Doha round of global free trade talks.
Path to ruin
Individually, the leaders spoke out against the risks of raising trade barriers.
Companies will go bankrupt and countless jobs will be lost, and poor nations and poor people will suffer the most damage, said South Korean President Lee Myung-bak. Mr Bush spoke passionately about his belief in the free market despite the recent world economic downturn. He called for an Asia-Pacific region of free markets, free trade and free people. It is also essential that governments resist the temptation to overcorrect by imposing regulations that would stifle innovation and strangle growth.
George Bush addresses the Apec summit
One of the enduring lessons of the Great Depression is that global protectionism is a path to global economic ruin, he added. He told the Apec summit in Peru's capital, Lima, that he would push hard in his last two months in office to secure a deal to help complete the Doha round of World Trade Organisation talks. I recognise that I'm leaving office in two months but nevertheless this administration will push hard to put the modalities in place so that Doha can be completed and so we send a message we refuse to accept protectionism in the 21st Century, Mr Bush said. In his final months in the White House, it seems clear Mr Bush was thinking of his legacy as he mentioned the 11 free trade agreements the US had signed since he took office eight years ago, says the BBC's Dan Collyns in Lima. Apec nations are expected to endorse a promise to finish a framework for the Doha talks by the end of December. Those talks - which began seven years ago - stalled over disputes between developed nations and developing countries. But it is clear that the delegates do not expect any real movement on the issues until President-elect Barack Obama takes office in January. In terms of leadership, the next US administration must assume leadership in a very firm manner - not just for Americans, but for the whole world, said Mexican President Felipe Calderon.
Saturday November 22, 2008 Time for Bretton Woods II, says Najib
LIMA: Malaysia is calling for a new international financial architecture that is more transparent and fair to all nations, said Deputy Prime Minister Datuk Seri Najib Tun Razak.The time has come for Bretton Woods II. We need a new global financial structure as the present one has a lot of financial products that are worth a lot of money but not properly regulated.Bretton Woods was the location of the summit in 1944 that led to the Bretton Woods agreements to regulate the international monetary system. This eventually led to the formation of the World Bank and the International Monetary Fund.Various economies including Malaysia have been asking for a restructuring of these institutions that were deemed unfair to developing nations.However, this is the first time Malaysia is calling for new agreements to replace those signed 64 years ago.Whatever we do, we must be fair to the G20 developed nations and also to developing economies like Malaysia, said Najib.
He was speaking to Malaysian reporters after arriving here on Thursday for the Asia Pacific Economic Cooperation (Apec) leaders summit that begins on Saturday.On his aspirations for his first Apec summit, Najib said the international community had placed high expectations on the grouping that accounted for more than 50% of world trade.This year’s summit will be split into two with priority given to the issue of the global financial crisis.I will state Malaysia’s stand for a more open global financial and trading system without any form of protectionism and inward-looking bias.” He also said he would stress that the present crisis be dealt with through fiscal and monetary policies.
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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Saturday, November 22, 2008
Friday, November 21, 2008
WHAT WILL FRIDAY DO...HMM
METEORS HIT THE EARTH
REVELATION 6:12-17
12 And I beheld when he had opened the sixth seal, and, lo, there was a great earthquake; and the sun became black as sackcloth of hair, and the moon became as blood;
13 And the stars of heaven fell unto the earth, even as a fig tree casteth her untimely figs, when she is shaken of a mighty wind.
14 And the heaven departed as a scroll when it is rolled together; and every mountain and island were moved out of their places.
15 And the kings of the earth, and the great men, and the rich men, and the chief captains, and the mighty men, and every bondman, and every free man, hid themselves in the dens and in the rocks of the mountains;
16 And said to the mountains and rocks, Fall on us, and hide us from the face of him that sitteth on the throne, and from the wrath of the Lamb:
17 For the great day of his wrath is come; and who shall be able to stand?
REVELATION 8:12-13
12 And the fourth angel sounded, and the third part of the sun was smitten, and the third part of the moon, and the third part of the stars; so as the third part of them was darkened, and the day shone not for a third part of it, and the night likewise.
13 And I beheld, and heard an angel flying through the midst of heaven, saying with a loud voice, Woe, woe, woe, to the inhabiters of the earth by reason of the other voices of the trumpet of the three angels,which are yet to sound!
INTERESTING WE HAVE A PREVIEW OF THE FUTURE WHEN THE GREATEST METEOR WILL HIT EARTH TO DARKEN THE SUN FOR THE LAST OF THE 7 YEAR TRIBULATION PERIOD TO SAVE ISRAELIS AND ALL PEOPLE ON EARTH FROM DIEING FROM THE HEAT THAT HAS COME ON THE EARTH OVIOUSLY THE OZONE WILL BE COMPLETELY DEPLETED AT THIS TIME IN HISTORY AND IT WILL BE 7 TIMES HOTTER THAN NOW THE SUN.
REAL METEOR IMPACT - VIDEO
http://www.youtube.com/watch?v=n9gJXmKCkr8&feature=related
METEOR EARTH HIT RESULTS - VIDEO
http://www.youtube.com/watch?v=QlYmO4S_Dkk
Meteor provides early-morning display in Pacific Northwest Tuesday, February 19, 2008| 1:06 PM ET The Canadian Press
A meteor that blazed across the darkened early-morning sky above the western United States was also clearly visible on the Canadian side of the border on Tuesday.A Kamloops, B.C., man, who identified himself only as Doug, said he was driving south of the city when he saw a blazing ball that appeared to have hit the ground, because it illuminated the entire horizon.Another Kamloops man, Gerald Haggerty, said the horizon lit up like a bomb.A Federal Aviation Administration duty officer in Seattle told the Associated Press that pilots reported the streaking meteor from Boise, Idaho, west to Washington state.A Horizon Airlines pilot reported seeing the meteorite hit the ground with a burst of light near State Route 26, about 280 kilometres east-southeast of Seattle.Sheriff's dispatchers said they had no reports of damage or injuries from the reported meteorite strike around 5:45 a.m. local time.
They said one caller from Walla Walla, about 90 kilometres south-southeast of the reported impact site, said she heard a sonic boom and felt a shock wave not long after seeing the streaking meteor.
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.
I CAN PREDICT THE WEATHER BY WHAT GODS WORD SAYS,WHATEVER THE WEATHER IT WILL BE INTENSE AND DESTRUCTIVE. SINCE GOD'S PROPHECIES ARE COMING TO PASS INTENSLY NOW LIKE A WOMAN IN LABOUR.
Winter weather hard to predict this year: NOAA By Christopher Doering – Thu Nov 20, 1:28 pm ET
WASHINGTON (Reuters) – Winter will be warmer than normal for much of the central United States, but government forecasters said on Thursday this season's weather for the rest of the country will be particularly hard to predict.That's because sea surface temperatures in the Pacific Ocean have failed to yield the kind of clues to climate patterns that can make forecasts more reliable, the National Oceanic and Atmospheric Administration said in its forecast, which covers the December through February period.There was a lot of agonizing over this particular forecast. This would seem to be the toughest one I can recall having to do, said Michael Halpert, deputy director of NOAA's Climate Prediction Center, in an interview.Variability is going to be the highlight for this coming winter, Halpert said.Neither El Nino nor La Nina weather patterns are present this year in the Pacific Ocean, NOAA said.
La Nina refers to an abnormal cooling of sea surface temperatures in the Pacific Ocean, which tends to bring colder weather to the northern and western United States and drier conditions to the South. El Nino refers to a warming of surface temperatures and creates weather opposite of La Nina.Instead, winter weather will be heavily influenced by other climate patterns over the Arctic and North Atlantic regions.For now, the forecast calls for a mild winter, with warmer-than-normal weather from the Rocky Mountains to the Appalachian Mountains through February, NOAA said.The best chance for above-normal temperatures was expected in Missouri, eastern Kansas, Oklahoma and Arkansas, with a lower probability extending into southern Wisconsin, western Ohio and Texas.But exactly how the weather plays out remains to be seen.The agency's winter forecast also predicted an equal chance for temperatures to be normal, above normal or below normal on the East Coast and in the western United States, extending into Montana and northern Minnesota.The forecast could be good news for the Northeast and the Midwest, which are the largest users of heating oil and natural gas, respectively, in the United States.It looks like we're going to see a little bit (of weather) for everyone, Halpert said.The government said it was difficult to predict moisture across most of the country through February.Above-normal rain and snow was forecast for Missouri, Kansas, Oklahoma and Arkansas. Below-normal precipitation was seen in a narrow swath of the southern United States, extending from Arizona through Texas and Georgia and into Virginia.Halpert said the winter forecast was further complicated by signs that La Nina could develop during the winter, although he said government forecasters were skeptical that would occur.
NOAA is the latest weather agency to struggle with predicting how things will unfold this winter. Other weather forecasters also have failed to reach a consensus over what conditions will be like.In the eastern United States, for example, two weather forecasters, including AccuWeather, have predicted the coldest winter since 2003-04. Meanwhile, competitor WSI Corp has called for mostly mild temperatures in the region.(Editing by Christian Wiessner)
Deadly flash floods hit storm-battered Australian city Thu Nov 20, 3:39 am ET
BRISBANE, (AFP) – Flash floods killed a woman and forced evacuations as torrential rain drenched Australia's battered city of Brisbane Thursday just days after it was hit by a violent storm, officials said.The 85-year-old died when she was trapped in her car as it was swept away by floodwaters east of the Queensland state capital, police said. Her elderly husband was recovering in hospital.More than 1,000 calls were made to emergency services in Brisbane and surrounding areas on the east coast, which were pounded by up to 25 centimetres (nearly 10 inches) of rain over seven hours overnight.Thousands of homes were plunged into darkness and families were evacuated from houses threatened by a landslip workers had been trying to stabilise after Sunday's storm, said state Emergency Services Minister Neil Roberts.Several motorists were rescued after being trapped in flooded cars, while major highways and train services were cut, officials said.We've got crews out there and cars have been washed off the roads, said the mayor of nearby Ipswich, Paul Pisasale.State Premier Anna Bligh said she had called the State Disaster Management Group into action after the second major storm in a week.Electricity was cut to more than 2,600 homes and businesses in the towns while areas near the Sunshine Coast tourist mecca were also without power.The worst affected areas to date are in the Ipswich, Bundamba, Gatton, Lockyer area, said Bligh.We've also seen very heavy rainfall in Toowoomba and early reports of some damage at the Gold Coast.She warned that river levels were still rising and further flooding was possible.
As people clock up the damage this morning I think we'll get a much clearer picture of how widespread this is, she said.Our emergency resources will no doubt be stretched but we'll be getting out there to help people all day today.The floods pile more misery onto residents trying to clean up after Sunday's storm, which saw parts of Brisbane declared a natural disaster zone, with houses destroyed, trees felled and power lines and phone services down.About 10,000 insurance claims worth 95 million dollars (60 million US dollars) have been lodged so far but insurers say the total damage bill including infrastructure could be 500 million dollars.The Bureau of Meteorology has forecast further wet weather, lightning and possible hail in the area.
N.S. minister apologizes, begins safety review after storm strands 1,500 vehicles Thursday, November 20, 2008 | 8:24 PM ET Canadian Press: Michael Macdonald, THE CANADIAN PRESS
HALIFAX, N.S. - Nova Scotia's transport minister apologized Thursday to the hundreds of motorists left stranded overnight on the Trans-Canada Highway after an intense snowstorm struck the central part of the province with little warning.Murray Scott said his department had launched an independent safety review amid complaints the province was ill-prepared to deal with the first storm of the season, which also caused power outages across the province and in P.E.I.I apologize to the people who had to endure through the night being stuck in vehicles, Scott said outside the legislature. We didn't cause the weather, but I'm accountable for what happens on our highways.At the height of the storm Wednesday night, amid freezing temperatures and whiteout conditions, traffic was at a standstill across a 12-kilometre section of the four-lane, divided toll highway, about 100 kilometres north of Halifax.At least 1,500 vehicles were stranded.None of us was warned about the storm coming, said Scott. This morning, I heard one of the newscasters say even the weather people weren't warning us. They weren't aware of it.No one was injured, but at one point an ambulance and a police car were dispatched to travel eastward from Amherst on the empty westbound lanes to reach two people in medical distress.One older man was rescued after he said he was having a stroke, and police brought a Coke and medication to a man who was worried about going into diabetic shock.Officials with the RCMP, the Transport Department and the private company that operates the 47-kilometre toll highway said they received no warning that a storm was on its way.The snow started around 3 p.m. About 45 minutes later, a car collided with a transport truck in the westbound lanes near the top of the Cobequid Mountains.
Once the tractor-trailer got stuck on the hill, then everyone got stuck, RCMP Cpl. Darren Galley said from Amherst. I'm sure there was a lot of people frustrated.By 4:30 p.m., the decision was made to close the westbound lanes just west of the tollgate, which is also near the top of the chain of small mountains.Within an hour, the weather deteriorated, darkness fell over the Cobequid Pass and the eastbound lanes were also closed as they became icy under about 10 centimetres of heavy, wet snow.The plows couldn't get through because of the traffic blocking the lanes, Galley said. We all got blindsided by the storm.Carolle Crooks was among five contemporary dancers and a technician in a van headed for a show in Moncton when the storm descended on them at 6 p.m., about three kilometres east of the tollgate.
Crooks said there was no indication the westbound lanes of the highway - the main link between Nova Scotia and New Brunswick - had been closed for more than 90 minutes.Cars continued to pile up for hours, she said in an interview. We had no idea what was going on.For the first few hours, the group played guessing games and ate what few snacks they had before bundling up in their extra clothes and shutting the engine off intermittently to conserve fuel.Crooks said the local radio newscasts said nothing about the enormous traffic tie-up, which prompted a few members of the group to pick up their cellphones and start calling media outlets and the police.She said the police provided little information and there was no sign of any officials patrolling the area to ensure people weren't in any distress, even though the eastbound lanes closed later and reopened much earlier.We just had to sit and wait, Crooks said.She said police should have provided some basic provisions and basic information, particularly for those stranded with small children. But that never happened.We didn't sleep very much at all, she said, noting that one of the women in their rental van was pregnant.Finally, after 15 hours stuck in the same spot, traffic started to move slowly at 9:30 a.m. and the dance crew headed for Truro, N.S., for a big breakfast.A spokesman for the Atlantic Highway Management Corp., the private company that operates the toll highway, confirmed he received no weather warnings.But general manager Wayne Crossan stressed that the area is know for rapid changes in the weather. A few years ago, that stretch of Highway 104 was closed for 20 hours because of a snowstorm, he said.Still, Crossan said the number of vehicles stranded Wednesday night was much higher than usual.He said the company has a contract with the Transportation Department to keep the highway clear, and he was satisfied with the work done in the wake of the storm.I think they did everything they could, he said.The eastbound lanes reopened at 2 a.m. Thursday and the westbound lanes were cleared for traffic by 5:15 a.m.Crossan said some drivers were clearly upset by the long wait but many had smiles on their faces as they were waved through the tollgate.It was heartening to see something like that, he said.
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.
China says 19,000 students died in May earthquake NOV 21,08
BEIJING (AP) — China has acknowledged for the first time that more than 19,000 students died in the massive earthquake that struck Sichuan province in May.The earthquake left nearly 90,000 people dead or missing, but the government had never said how many of the casualties were students. Their deaths caused protests and anger among parents, because of reports that many of the schools that collapsed had been built with substandard materials.Wei Hong, the executive vice governor of Sichuan, announced the student death toll of 19,065 at a news conference Friday.
CNN NEWS VIDEO
http://edition.cnn.com/video/
YAHOO NEWS VIDEO
http://news.yahoo.com/video
MIDEAST CONFLICT NEWS
http://news.yahoo.com/video/1874;_ylt=A0wNcxFdg6xIgbkAwD6z174F
ABC NEWS VIDEO
http://news.yahoo.com/video/2461
FOX NEWS VIDEO
http://news.yahoo.com/video/3074
FOX BUSINESS VIDEO
http://news.yahoo.com/video/3045
AP NEWS VIDEO
http://news.yahoo.com/video/2529
BBC NEWS VIDEO
http://news.yahoo.com/video/2918
REUTERS VIDEO NEWS
http://news.yahoo.com/video/2704
AFP NEWS VIDEO
http://news.yahoo.com/video/3091
CNBC NEWS VIDEO
http://news.yahoo.com/video/3245
HOARDING OF GOLD AND SILVER
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
HALF HOUR DOW RESULTS FRI NOV 21,2008
09:30 AM +76.22
10:00 AM +77.48
10:30 AM +3.42
11:00 AM -37.76
11:30 AM +21.74
12:00 PM +20.46
12:30 PM +50.89
01:00 PM +99.83
01:30 PM +24.55
02:00 PM -31.38
02:30 PM -6.28
03:00 PM -56.22
03:30 PM +259.89
04:00 PM +494.13 8046.42
S&P 500 800.03 +47.59
NASDAQ 1384.35 +68.23
GOLD 800.5 +51.8
OIL 50.39 +0.39
TSE 300 8155.39 +430.63
CDNX 704.17 +12.22
S&P/TSX/60 492.68 +29.11
THURSDAY RECAP
Risk of corporate defaults at record.
Jobless claimes near highest since 1982.
Global recession,Commodities plummet,Oil below $50 yesterday.
S&P 500 erases 2002-2007 bull market.
Worst 2 days since 1987.
Stocks on pace for worst year ever on record.
Corporate Bonds CDS blows out to a record.
Financials ETF plummets 11% yesterday.
Credit freeze back on.
Volatility Index soars to 81 yesterday.
MORNING NEWS,STATS
10:07AM STATS
Dow +156 points at 3 minutes of trading today.
Dow +167 at high so far this morning.
Dow -4 at low so far this morning.
Dow -444.99 points or 5.56% to 7552.29 yesterday.
Dow is off 46.68% from record close of 14,164.53 on OCT 9,2007.
Dow is -19.01% month to date.
Dow is -43.07 year to date.
S&P -54.14 points or 6.7% to 752.44 yesterday.
S&P is off 51.93% from record close of 1565.15 on OCT 9,2007.
S&P is -22.33% month to date.
S&P is -48.76% year to date.
Nasdaq -70.30 points or 5.07% to 1316.12 yesterday.
Nasdaq is off 53.97% from record close of 2859.12 on OCT 31,2007.
Nasdaq is -23.52% month to date.
WALMART names Mike Duke as CEO replacing Lee Scott Today.
GM to sell 2 of its Private Jets.
Obama soon to name Hilary Clinton Secretary of State.
Dow +167 points at high today so far.
Dow -101,or 7,450 points so far at low today.
AFTERNOON,NEWS,STATS
Dow touches lowest level since October 2002.
S&P touches lowest level since January 1997.
Nasdaq touches lowest level since march 2003.
Crude Oil rebounds from 3 yr low still down almost 50% from 2008 levels.
CITI stocks sink 10% while board members at meeting ponder future.
Dow -101 points at low still today.
Dow +167 points at high still today.
Stocks trade in 267 point range today so far.
WRAPUP,NEWS,STATS
Dow +519 points at high today.
Dow -101 at low today.
Dow traded in 620 point range today.
Dow +6.5% today.
Dow -6% on the week.
S&P +6% today.
S&P -9.5% on the week.
S&P financials -26% on the week.
Nadaq +4.9% today.
Nasdaq -10% on the week.
Russell 200 -13% on the week.
Sarkozy launches €20 billion fund to protect strategic industries
ELITSA VUCHEVA Today NOV 21,08 @ 09:38 CET
France will pay out €20 billion to protect its key industries in the wake of the global financial crisis via the creation of a strategic investment fund - the country's first sovereign wealth fund, French President Nicolas Sarkozy said on Thursday (20 November).Following up on his idea first brought up three weeks ago to protect French businesses from foreign hands, Mr Sarkozy also announced the new fund's first €80 million investment would go to industrial supplier Daher, which works in the aerospace, defence, nuclear and automotive industries.According to the French president, firms that have competences, technologies and jobs that are irreplaceable for the national territory qualify as strategic ones and deserve special treatment.The day we don't build trains, aeroplanes, automobiles and ships, what will be left of the French economy? Memories. I will not make France a simple tourist reserve, he said.The fund will be managed by state-controlled lender Caisse des Depots et Consignations, and should be operational as of next month, French daily Le Figaro writes.I want France to keep its factories, I want this process of factory relocation and outsourcing to stop and I want firms with the potential to develop to be able to do so, even if financial institutions at the moment are a little timid, the French president said.Although it will consist of €20 billion in the beginning, it could later increase if it works, Mr Sarkozy said, and added that foreign investors, notably other sovereign wealth funds, would be welcome to join and form alliances.
Dinner with the commission president
Later on Thursday, Mr Sarkozy hosted a dinner in Paris with European Commission President Jose Manuel Barroso to discuss a European stimulus plan that Brussels is expected to present next week.Details of the dinner talks are not known, but French daily Les Echos said the goal was to put the finishing touches to the stimulus package.Speaking to the press earlier in the day, Mr Barroso declined to confirm previous reports that the package the commission will present would be worth some €130 billion, saying that a decision on the amount had not yet been taken.What we need is a co-ordinated European Union response, big enough, bold enough to work in the short term, yet strategic and sustainable enough to turn the crisis into an opportunity in the longer term, the commission president said after talks with Belgian Prime Minister Yves Leterme in Brussels.Mr Barroso and Mr Sarkozy also discussed the forthcoming December meeting of EU leaders in Brussels, notably the European response to the economic situation and the negotiation of the climate and energy package, said a communique from the French president's office.Mr Sarkozy is also to meet German Chancellor Angela Merkel in Paris on Monday to try to find a way to work together in order to boost the economy, Reuters reports.
Brussels plans €130 billion stimulus package
LEIGH PHILLIPS 20.11.2008 @ 09:30 CET
A massive €130 billion prime-the-pump operation to stimulate the European economy is currently being planned by the European Commission.First revealed by German weekly Der Spiegel's online edition, the EU executive is constructing a package that would see each of the 27 member states commit one percent of their GDP to fiscal stimulus measures to pull the bloc out of its downturn and stave off the greater threat of deflation.The plan would see the commission itself commit some money, although the EU executive itself has limited funds, and so member states themselves would have to provide the bulk of the cash, according to a source close to the commission discussions who spoke to the German magazine.A German economy ministry spokeswoman on Wednesday (19 November) confirmed to Le Monde that such a plan was in the works.
That represents one percent of gross domestic product for each member state, the unnamed official told the French paper.The commission hopes to finish drafting the plan by next Wednesday (26 November), with European leaders considering the package at the final 2008 summit on 11 December.The move may run into resistance from some member states, whose public finances have little room to manoeuvre without borrowing the money for such an initiative, particularly at a time when the economic crisis is putting pressure on government revenues.Until now, Germany has strongly resisted pan-European measures, although it has already adopted domestic stimulus measures amounting to €32 billion over two years - equivalent to just over one percent of GDP. It is unclear whether this already announced sum would be included in the commission's plan or be considered in addition to the EU package.A stimulus package of such size would be a major turnaround for most European leaders, who from long ago abandoned support for such Keynesian financial strategies on both the left and right side of the political spectrum.However, the downturn has been of so considerable a scale and speed - the eurozone officially entered its first-ever recession last Friday - that liberal hostility to government intervention is crumbling across the board.The ideas of British economist John Maynard Keynes - who advocated government interventionism - provided the theoretical backbone of western European countries' post-war economic strategies, but were abandoned to a greater or lesser degree by the 1980s.
Commission green-lights industrialisation of Arctic ,The retreating ice opens new fishing grounds (Photo: David Lundy)LEIGH PHILLIPS 20.11.2008 @ 17:44 CET
EUOBSERVER / BRUSSELS - The rapidly melting Arctic is a bonanza of oil, gas, fish and mineral wealth waiting to be exploited - so long as it is done in a sustainable manner, the European Commission believes.Faster transit routes, including the fabled Northwest Passage sought by explorers for centuries, and expanded possibilities for polar tourism also provide exciting opportunities for businesses, according to the EU executive, which on Thursday (20 November) adopted a communication outlining Europe's first ever policy towards the Land of the Midnight Sun.We cannot remain impassive in the face of the alarming developments affecting the Arctic climate and, in consequence, the rest of our planet, said fisheries commissioner Joe Borg, while speaking to reporters after the publication of the policy document.The Arctic is an essential and vulnerable component of the Earth's ecosystem, echoed his colleague, external relations commissioner Benita Ferrero-Walder. The effects of climate change are more advanced and more evident in the Arctic than in any other area of the world.
But this is no reason not to exploit the region, they both argued.On the other hand, the combination of the climatic changes and the recent technological developments opens up new opportunities interlaced with challenges, said Mr Borg.
There are significant mineral resources, in particular hydrocarbon resources in the Arctic located under the sovereign territories or inside the exclusive economic zones of the Arctic states, said Ms Ferrero-Waldner.She added that there is already exploration for fossil fuels going on and so there was no point in trying to put a halt to such activity.Exploitation is already going ahead in some places and could be profitable. But it must be sustainable and comply with strict environmental standards.The document has three main thrusts - the protection of the Arctic environment and its people, the sustainable exploitation of resources, and the improvement of multi-lateral governance of the region.Ms Ferrero-Walder described these elements as the three pillars of EU Arctic policy.The fisheries commissioner also noted that the retreating ice opens new fishing grounds, but warned that considerable parts of the Arctic ocean are not covered by regional fisheries management organisations.The boundaries of these pristine waters need to be regulated to avoid overfishing, he said. The commission believes the best authority to oversee such a process is the Northeast Atlantic Fisheries Council and will take initiatives to widen the scope of this body.The commission is to apply for observer status with the Arctic Council, an intergovernmental forum that brings together the Arctic nations: Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the US.
Additionally, in order to improve maritime surveillance, the commission is working with the European Space Agency to explore the development of a polar orbiting satellite system. This would permit better knowledge of shipping traffic and co-ordinate faster reactions during emergencies.
Law of the Sea
The commission strongly backs developing the governance of the region, which has until now has been very weak as a result of the inhospitable environment that left few humans interested in the Arctic. In May this year, the five Arctic Ocean coastal states - Russia, Canada, the United States, Norway and Denmark - adopted a declaration supporting the maintenance of the existing legal framework that covers the region: the UN Convention on the Law of the Sea.However, in October, the European Parliament overwhelmingly voted in favour of the negotiation of an international Arctic treaty to protect the high north. Although the parliament's resolution also supports the sustainable development of the Arctic, including for fossil fuel extraction, some environmental groups would like to see an Arctic treaty that mirrors the Antarctic Treaty, which set aside Antarctica as a scientific preserve, banned territorial claims and prohibited military activities.
The commission however rejects the parliament's perspective.
I back the views of the Arctic states that an Arctic Charter is not the way forward, said Mr Borg. The bedrock for action in the Arctic Ocean remains the Law of the Sea.
He encouraged those countries present in the Arctic that are not signatories to the convention to sign on as soon as possible. The United States is not a party to the Law of the Sea.The Liberal grouping in the European Parliament largely welcomed the communication but criticised the failure to support the euro-deputies' position on a new treaty.If there is one disappointment with the communication, it is that the commission has not taken up the parliament's call to open international negotiations designed to lead to the adoption of an international treaty for the protection of the Arctic, said UK MEP Diana Wallis.
Potential for catastrophe
Environmental groups are horrified at the commission's support for the industrialisation of the Arctic, and are extremely sceptical that many proposed activities can be done in a sustainable fashion at all, particularly fossil fuel development, shipping goods across the Arctic Ocean and expanded fisheries.
Increasing human activities could significantly accelerate the threats facing the Arctic, which would have cascading effects all over the world, warned Oceana, an oceans campaign group.Irresponsible development in the Arctic ecosystem holds the potential for catastrophe, said Xavier Pastor, the director of the group's European division.Oceana says that there must be a comprehensive scientific assessment before any development can take place, followed by principles of precautionary management.
The commission says it does indeed support the precautionary principle for the Arctic and plans to open a dialogue with environmental groups about the Arctic.The fisheries commissioner said he indeed supports such thinking.I think the prudent way forward is the precautionary approach, Mr Borg said. If it turns out that the environmental damage caused by certain activities is too high, then we will take the necessary action.
Oceana is doubtful.
Yes, they say they're going to take a precautionary approach, but they also say that about fisheries, so that doesn't bode well, said Julie Cator, the group's policy director.If the environment is so important in their thinking, why wasn't the environment commissioner there [to present the communication] as well? The environment directorate-general was not involved in the drafting of the communication.The commission said that environment commissioner was unable to attend as he was in Strasbourg.
Dems delay auto bailout vote, seek plan from Big 3 By JULIE HIRSCHFELD DAVIS, Associated Press Writers NOV 21,08
WASHINGTON – The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed Thursday as Congress drew the line at one more bailout and Democrats said they wouldn't even consider it until the companies produced a convincing plan for rebuilding their once-mighty industry.The demise of the rescue — at least for now — left uncertain the fate of General Motors Corp., Ford Motor Co. and Chrysler LLC, and sent Wall Street spiraling to its lowest level in years. The Dow Jones industrials dropped 445 points, the second straight plunge of more than 400, and hit the lowest point in nearly six years.The carmakers have been clobbered by lackluster sales and choked credit, and are battling to stay afloat through year's end. Failure of one or more of the Big Three would be a severe further blow to the floundering economy — and to many Americans' view of the nation's industrial strength — and throw a million or more additional workers off the job.Just Thursday, the government reported that laid-off workers' new claims for jobless aid had reached a 16-year high and the number of Americans searching for work had soared past 10 million. Congress approved a measure to extend jobless benefits through the holidays, and the White House said President George W. Bush would quickly sign it.But Democratic leaders scrapped votes on the auto rescue, postponing until next month a politically tricky decision on whether to approve yet another unpopular bailout at a time of economic peril, or risk being blamed for the implosion of an industry that employs millions and has broad reach into all aspects of the U.S. economy.Until they show us the plan, we cannot show them the money, Speaker Nancy Pelosi, D-Calif., said at a hastily called news conference in the Capitol.
GM, Ford and Chrysler quickly issued statements promising to submit the blueprint the Democrats demanded.Pelosi and Senate Majority Leader Harry Reid, D-Nev., said Congress might return to work in early December for a vote on aid to the carmakers — but only if they show Congress they could use the funds to transform their struggling industry into a viable one.For now, however, the Democrats said the aid plan lacked the support to pass Congress and be signed by Bush.Bush and congressional Republicans had balked at Democrats' suggestion to draw emergency auto industry loans from the $700 billion Wall Street rescue fund. And most Democrats were unwilling to go along with a separate, bipartisan effort backed by the White House to temporarily divert an existing program to help carmakers produce vehicles that burn less gasoline to cover the companies immediate financial needs.But with GM warning it could go under before year's end, Democratic leaders were unwilling to close up shop for the year and appear to turn a deaf ear to the industry. They called for a Big Three viability plan by Dec. 2, scheduled hearings that week on the report, and said a vote on a bailout could come the week of Dec. 8.Yes, we're kicking the can down the road, because that will give us the opportunity to do something positive, Reid said. But that will only happen if they get their act together.The White House criticized the delay, saying the plan to let the automakers tap the fuel-efficiency loans for their short-term cash needs should be considered.
If there are lawmakers who want to help the automakers, and they have a path to do so, why are they going to kick the can down the road? said Dana Perino, the White House press secretary.The chief executives of the Big Three automakers appealed personally to lawmakers for the loans this week, saying their problem was the economic meltdown that has walloped their industry — not that they were manufacturing unappealing cars.But whatever support they found sagged when it became known that each of them had flown into Washington aboard multimillion-dollar corporate jets. Reid observed that was difficult to explain to taxpayers in his hometown of Searchlight, Nev.Pelosi said she had little patience left for excuses from the carmakers on why they haven't turned their businesses around.Beyond the auto industry, lawmakers said the public has little appetite for anything else that smacks of a bailout, following the backlash against the $700 billion financial rescue. There is a sense that we did not do a good enough job of safeguarding the use of those funds, or providing prevention against abuse. And you could not get, I believe, through either house of Congress today what some people might think was a repeat. That's why we need to take time, said Rep. Barney Frank, D-Mass. Even if lawmakers return to vote, they are likely to insist on numerous conditions on any loans. Democrats and Republicans alike want the government to get a chance to share in future profits by the auto companies, require them to limit executives' pay packages and prohibit use of the funds for lobbying or paying shareholders dividends. In scrapping plans for a vote this week, the Democratic leaders sidetracked a bipartisan agreement to temporarily divert the fuel-efficiency funds to cover the auto companies' operations. Sen. Carl Levin, D-Mich., said that plan had a reasonable chance of passing, and that the leaders' decision to delay it was risky and unnecessary.We need speed. This is a very, very important moment, Levin said. Indeed, the Democratic Congress — having just expanded its majorities in this month's elections — was under immense pressure to show it could govern in a difficult situation. I can't imagine a scenario where they wouldn't come back, unless the answer is that they just don't care. And if that's the case, then the American people ought to know that, Perino said.
The leaders of the Big Three automakers have painted a grim picture of their financial position. They burned through nearly $18 billion in cash reserves during the last quarter — about $7 billion at GM, almost $8 billion at Ford and $3 billion at Chrysler. GM and Chrysler have said they could collapse in weeks. The stakes are high. The Detroit automakers employ nearly a quarter-million workers, and more than 730,000 other workers produce materials and parts that go into cars. About 1 million more people work in dealerships nationwide. If just one of the automakers declared bankruptcy, some estimates put U.S. job losses next year as high as 2.5 million. Associated Press writers Ken Thomas, David Espo, Andrew Taylor and Jennifer Loven contributed to this report.
Russia's Micex Falls to Near Lowest Since 2004; Lukoil Tumbles
By William Mauldin
Nov. 20 (Bloomberg) -- Russia's Micex Index declined to near the lowest in four years as equities worldwide tumbled and crude oil dropped for a fifth day. OAO Rosneft and OAO Lukoil, Russia's biggest oil producers, led the slide with declines of more than 7 percent. The Micex Stock Exchange halted trading for an hour at 11:05 a.m. The 30-stock Micex Index sank 8.1 percent to 512.96 at 12:07 p.m.. It earlier fell 9.1 percent to 507.17, nearing the intraday low of 493.62 on Oct. 28, when the gauge sank to a level not seen since 2004. Today's drop was the biggest fluctuation among more than 80 benchmarks Bloomberg tracks worldwide. Crude oil for December delivery decreased 2.1 percent to $52.50 a barrel in after-hours trading in New York, the lowest in almost 22 months. Russia's Urals blend dropped to $47.03 a barrel. The MSCI Emerging Markets Index slipped 4.4 percent. U.S. stock indexes yesterday fell to their lowest levels since 2003, and European and Asian equities today sank. Apart from global bearish sentiment about growth, the specific concern here is if the oil price continues to drop down, said Kevin Dougherty, portfolio manager at Pharos Financial Group in Moscow. It's a fairly bleak outlook with oil at $50 a barrel or below.The dollar-denominated RTS Index lost 5.4 percent to 573.31. The Russian Depositary Index, a gauge of Russian global depositary receipts trading in London, fell 9.2 percent. Rosneft, Russia's biggest oil producer, retreated 6.77 rubles, or 7.9 percent, to 79.40 rubles on the Micex, a record low. OAO Lukoil, the second-biggest producer, lost 8.5 percent to 760 rubles, its first decline in two days.
Sberbank Drops
The yield on Russia's benchmark 30-year dollar bond climbed 21 basis points to 11.71 percent, the highest this month. Shares of OAO Sberbank, Russia's biggest bank, tumbled 9.3 percent to 22.21 rubles. President Dmitry Medvedev is scheduled to meet with owners and top managers of Russia's biggest corporations today to discuss the financial crisis, Vedomosti reported. Medvedev invited business leaders including OAO Gazprom Chief Executive Officer Alexei Miller, Interros Holding Co.'s owner Vladimir Potanin and Mikhail Fridman, the biggest shareholder in Alfa Group to dinner at his Barvikha residence outside Moscow, the newspaper reported, citing presidential spokeswoman Natalya Timakova. To contact the reporter on this story: William Mauldin in Moscow at wmauldin1@bloomberg.net.
Spain's Repsol SA partners with Husky, Petro-Canada to explore offshore N.L.
Tuesday, November 18, 2008 | 2:37 PM ETCanadian Press: THE CANADIAN PRESS
MADRID - Spanish oil and gas producer Repsol SA has bought exploration rights off the shores of Newfoundland and Labrador, partnering with two big Canadian names that are already active on the East Coast.Repsol said in a statement Tuesday it bought minority interests in three exploration blocks spread over nearly 4,000 square kilometres, which drew bids totalling more than $29 million.The first is a 1,382-square-kilometre block in the Central Ridge/Flemish Pass area, in which Repsol will have a 20 per cent stake and Petro-Canada (TSX:PCA) and Husky Energy Inc. (TSX:HSE) will each have a 40 per cent interest. The bid for that parcel was worth $18.6 million.Repsol will also have a 33 per cent stake in another 1,342-square kilometre block in that area, with Husky holding the rest. The companies bid $1.2 million for that lease.Repsol and Husky will also explore a 1,213-square-kilometre area in the Jeanne D'Arc Basin, for which the partners paid $9.5 million.In a statement, Respsol said the exploration rights will allow the firm to press ahead with its plans to increase oil and gas finds and production in OECD countries.Calgary-based Husky has been active on the East Coast for more than 20 years, focused mainly on the Jeanne D'Arc Basin. It has interests in the Terra Nova and White Rose oil fields.Petro-Canada, also based in Calgary, is the operator of Terra Nova and a partner in the White Rose, Hibernia and Hebron oil fields.In its other Canadian operations, Repsol plans to build a liquefied natural gas terminal in New Brunswick with Irving Oil Ltd.
The Newfoundland and Labrador Offshore Petroleum Board said on Monday the province brought in close to $130 million in its latest auction, with Petro-Canada and Norway's Statoil Hydro committing to spend $82 million on a block in the Jeanne D'Arc Basin.These are serious bids by established exploration and producing companies interested in exploring the Jeanne d'Arc Basin and Central Ridge/Flemish Pass and it shows industry's continued interest in our offshore region, Natural Resources Minister Kathy Dunderdale said in a statement Tuesday.We are delighted with the results and we will continue our ongoing efforts to market Newfoundland and Labrador's offshore in major oil and gas centres around the world.
No relief seen in global economic crisis
Thu Nov 20, 7:02 PM By Jackie Frank
WASHINGTON (Reuters) - The global economy saw more signs of distress on Thursday with U.S. stocks plunging for a second consecutive day, oil prices falling, a surprise rate cut in Switzerland, export woes in Japan and rescue loans to Turkey and Iceland.Wall Street was hostage to the rapidly changing news of a possible rescue for the U.S. auto industry, with the stock market rising on news of a tentative bipartisan deal in Congress for a $25 billion package for Detroit and then falling to new lows when the deal ran into trouble.Automakers held out hope. After the end of the trading day, the White House announced it could back a compromise plan pushed by Michigan senators to help by using $25 billion in Energy Department loans for greener cars, and urged Congress to act quickly. U.S. automakers said they will meet Democratic demands to offer a plan to return to profitability, and lawmakers said it could be considered the week of December 8.In more bad news for the battered U.S. economy, the number of U.S. workers on jobless rolls surged to the highest in a quarter century, prompting Congress to extend benefits for the long-term unemployed.Oil prices plummeted below $50 a barrel for the first time since 2005as investors anticipate a long global recession will slash demand.
I think this is going to be not only a deep recession, at least in the next couple of quarters, but also a long recession, said Conrad DeQuadros, senior economist at RDQ Economics in New York.All three major U.S. stock indexes made broad swings, ending sharply lower due to deepening economic fears and investors' flight from risk. The Standard & Poor's 500 slid 6.71 percent to close at 752.44, its lowest since 1997. The Dow Jones industrial average slid 5.6 percent to close at 7,552.29 and the Nasdaq Composite Index fell 5 percent to end at 1,316.12.World stocks tumbled to 5-1/2-year lows with volatile emerging market equities down 5.16 percent. An index of European shares fell 3.8 percent and Japanese stocks plunged nearly 7 percent.Investors sought shelter in safe assets such as U.S. Treasury bonds, and the U.S. dollar slumped versus the yen, but both rose against the euro.The dramatic slowdown in the world economy prompted Switzerland's central bank to make a surprising interest-rate cut of 1 full percentage point, its third in six weeks and the largest since it adopted its current system in 2000.Analysts said the weak U.S. labor market almost guaranteed that the Federal Reserve will cut its benchmark rate from the current 1 percent at its next meeting on December 15-16.Despite reports that Saudi Prince Alwaleed bin Talal planned to boost his stake in Citigroup back to 5 percent, the U.S. financial services giant's stock fell 26 percent to 1994 levels due to serious concern about its very survival.How many times is one going to take a beating before realizing the market isn't going to bounce? said Andrew Kanaly, chairman of Kanaly Trust Company in Houston. The decline in the oil prices is a barometer of more economic sliding globally.In what would normally be a good sign for consumers but now signals weaker global growth, U.S. crude futures plunged 9.5 percent, falling as low as $48.50 a barrel to a 3-1/2 year low on expectations that a stalling economy would mean falling demand.
JOB LOSSES, LONG DOWNTURN
A government report showed the number of workers filing new claims for jobless benefits last week surged to the highest in 16 years. More than 4 million Americans were receiving jobless benefits in the week ended November 8, the highest since December 1982.To give troubled U.S. mortgage borrowers some relief, Fannie Mae and Freddie Mac, the largest U.S. home loan finance companies, announced a hiatus in foreclosures of occupied homes until January 9 while easier borrowing terms are worked out.Leading economies will likely be in recession for around a year, a Reuters poll of around 250 economists showed. The survey across the Group of Seven nations showed economies faced recession for as much as five quarters.All developed economies will contract in 2009. It's the worst we have had in a century. But to say it's going to look like 1929 again for all these economies is a bit excessive, it's too pessimistic, said Marco Annunziata, chief economist at UniCredit in London.The Federal Reserve said on Wednesday the U.S. economy would contract through the first half of 2009.No end in sight, ING economists said in a note on Thursday, a sentiment widely shared by investors.Analysts said now the fear may be for a deadly economic problem: deflation, marked by steadily falling prices and economic stagnation.Once you get into a period of deflation, it's important to get the economy turned around as soon as possible, said Lyle Gramley, a former Fed governor who is now an analyst with the Stanford Group in Washington.The Philadelphia Federal Reserve's monthly business survey said a key component of inflation, the prices paid index, fell to its lowest level since the survey started in 1968.
IMF TO THE RESCUE?
Trade and foreign ministers of Pacific Rim nations meeting in Lima on Thursday called for new free trade deals as a way out of the worldwide crisis. They will recommend the summit of leaders of the Asia-Pacific Economic Cooperation trade group, which includes the United States and China, avoid raising tariffs and deepen economic cooperation.Japan's exports to Asia fell in October for the first time since 2002, suggesting the fallout from the credit crisis has spread to neighbors such as China.With investors looking increasingly to governments and other authorities to stop the rot, the IMF moved to prop up both Iceland and Turkey. It approved a $2.1 billion loan for Iceland, battered by a severe banking crisis, as part of a $10.2 billion package. Sources in Turkey told Reuters the IMF was ready to approve a precautionary standby agreement of $20 billion to $40 billion.(Additional reporting by Richard Cowan, Tabassum Zakaria and Reuters bureaux worldwide; Editing by Jan Paschal)
Latvia follows Hungary in seeking aid from IMF
LUCIA KUBOSOVA Today NOV 21,08 @ 09:28 CET
Latvia has become the second European Union member state forced to seek emergency aid from the International Monetary Fund (IMF) as well as from the EU's own coffers.
The move by Riga comes after much speculation by analysts that the Baltic countries and other post-Communist states that joined the EU in 2004 would follow Hungary in needing an external capital boost to weather the financial crisis.We have decided to start official talks with the European Commission and the IMF about funding to stabilise the economy, Prime Minister Ivars Godmanis told reporters.The Baltic country has seen a sharp economic slowdown this year, with a contraction of 4.3 percent in the third quarter, breaking its previous record of being one of the fastest growing economies in the EU.The financial crisis has made it hard for Latvia to obtain funds in its attempts to counterbalance its large current account deficit.
The government has been forced to take over the country's second largest bank of Parex and offer millions of euro as guarantees to its creditors.Riga has also denied rumours that the country may need to devaluate its national currency lats, pegged to the euro as part of the European Exchange Rate Mechanism (ERMII) since May 2005.
After Latvia's call for international help, analysts suggest there will now be continuing close observation of the other Baltic States and also Romania and Bulgaria.Since the crisis broke, the IMF has so far provided €20 billion in a bail-out to Hungary, as well as a €1.7 billion loan to Iceland, plus a pair of programmes for Serbia (a preliminary deal worth €413 million) and Pakistan (€6 billion).On Thursday (20 November), the Turkish Prime Minister, Recep Tayyip Erdogan, said that he was hopeful for a deal with the IMF on a rescue package by next week, with officials suggesting that a loan between €16 billion and €32 billion was likely.The Washington-based IMF has warned that with the growing number of calls for emergency capital, the fund's reserves - €160 billion plus an extra €40 billion if needed - may dry up at some point.Last week's G20 summit of most industrialised and developing countries did not agree to topping up the package, with only Japan pledging an additional €80 billion.
Lisbon treaty storms through Swedish parliament
PHILIPPA RUNNER Today NOV 21,08 @ 08:03 CET
The Swedish parliament late on Thursday (20 November) adopted the Lisbon treaty by a sweeping majority, becoming the 23rd EU country to ratify the text.The treaty was passed by 243 votes against 39 at 23:30 local time, with 13 abstentions and 54 deputies absent from the 349-seat legislature, the Riksdag.The old town in Stockholm (Photo: wikipedia)The opposition Left Party and Green Party had tried to build a 48-vote blocking minority to put off ratification for one year. But the four parties in the centre-right government coalition and the main Social Democrat opposition party pushed through the EU document.The long debate, which started at noon and saw 36 members take the floor, concentrated on Sweden's collective labour agreements and transfer of sovereignty.Why can't Sweden ask for a legally-binding exemption for the collective bargaining model? Left Party deputy Hans Linde asked, Swedish daily Aftonbladet reports.This is by far the biggest shift in power since we joined the EU, he added, comparing the Lisbon text - which patched together bits of the defunct EU constitution - to Frankenstein's Monster.Sometimes, people must follow what they believe is right. Today, I cannot follow the moderate line, government coalition Moderate Party rebel Anne-Marie Palsson said.Swedish collective labour agreements - in which workers' groups agree pay with employers - came to the fore in a European Court of Justice verdict in 2007. The court ruled in favour of Latvian company Laval in a case concerning the town of Vaxholm, clearing the way for cheap eastern European labour to enter the Nordic country. This issue has nothing to do with the Lisbon treaty, Moderate Party member Goran Lennmaker said, according to Svenska Dagbladet.
[The treaty] means that the EU will go some way towards being more democratic and transparent, Social Democrat deputy Sven-Erik Osterberg added, referring to Lisbon-envisaged plans to give more law-making powers to the European Parliament.Sweden is one of the countries that would lose most of the influence if the Lisbon treaty is not adopted, Swedish EU minister Cecilia Malmstrom said, pointing out that Sweden will lose seats in the European legislature under the existing Nice treaty.
Final four
The Swedish result comes after Ireland voted No to Lisbon in a referendum in June. A small crowd of anti-Lisbon campaigners protested outside the Swedish embassy in Dublin on Thursday, saying the Irish government should have told Sweden the treaty is dead.The Czech Republic is awaiting a constitutional court verdict on 25 November before resuming parliamentary ratification. A German constitutional court verdict is expected in early 2009.The Polish president has refused to sign off on the treaty unless Ireland overturns its No.
EU DICTATOR (WORLD LEADER)
REVELATION 17:12-13
12 And the ten horns (NATIONS) which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
13 These have one mind, and shall give their power and strength unto the beast.
REVELATION 6:1-2
1 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.
2 And I saw, and behold a white horse:(PEACE) and he that sat on him had a bow;(EU DICTATOR) and a crown was given unto him:(PRESIDENT OF THE EU) and he went forth conquering, and to conquer.(MILITARY GENIUS)
REVELATION 13:1-10
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.(THE EU AND ITS DICTATOR IS GODLESS)
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.(DICTATOR COMES FROM NEW AGE OR OCCULT)
3 And I saw one of his heads as it were wounded to death;(MURDERERD) and his deadly wound was healed:(COMES BACK TO LIFE) and all the world wondered after the beast.(THE WORLD THINKS ITS GOD IN THE FLESH, MESSIAH TO ISRAEL)
4 And they worshipped the dragon (SATAN) which gave power unto the beast:(JEWISH EU DICTATOR) and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?(FALSE RESURRECTION,SATAN BRINGS HIM TO LIFE)
5 And there was given unto him a mouth speaking great things and blasphemies; and power was given unto him to continue forty and two months.(GIVEN WORLD CONTROL FOR 3 1/2YRS)
6 And he opened his mouth in blasphemy against God,(HES A GOD HATER) to blaspheme his name, and his tabernacle, and them that dwell in heaven.(HES A LIBERAL OR DEMOCRAT,WILL PUT ANYTHING ABOUT GOD DOWN)
7 And it was given unto him to make war with the saints,(BEHEAD THEM) and to overcome them: and power was given him over all kindreds, and tongues, and nations.(WORLD DOMINATION)
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.(WORLD DICTATOR)
9 If any man have an ear, let him hear.
10 He that leadeth into captivity shall go into captivity: he that killeth with the sword must be killed with the sword. Here is the patience and the faith of the saints.(SAVED CHRISTIANS AND JEWS DIE FOR THEIR FAITH AT THIS TIME,NOW WE ARE SAVED BY GRACE BUT DURING THE 7 YEARS OF HELL ON EARTH, PEOPLE WILL BE PUT TO DEATH (BEHEADINGS) FOR THEIR BELIEF IN GOD (JESUS) OR THE BIBLE.
THE WEEK OF DANIEL 9:27 WE KNOW ITS 7 YRS
Heres the scripture 1 week = 7 yrs Genesis 29:27-29
27 Fulfil her week, and we will give thee this also for the service which thou shalt serve with me yet seven other years.
28 And Jacob did so, and fulfilled her week: and he gave him Rachel his daughter to wife also.
29 And Laban gave to Rachel his daughter Bilhah his handmaid to be her maid.
DANIEL 9:26-27
26 And after threescore and two weeks shall Messiah be cut off, but not for himself: and the people of the prince that shall come (ROMANS IN AD 70) shall destroy the city and the sanctuary;(ROMANS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.
27 And he( EU ROMAN, JEWISH DICTATOR) shall confirm the covenant with many for one week:( 7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,( 3 1/2 YRS) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.
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.
OH WOW THIS IS THE FALSE DECEPTION SAYIN THE EU WILL BE USELESS BY 2025,GOOD LUCK MY BIBLE SAYS THEY WILL CONTROL ALL THE WORLD. LET GOD (KING JESUS)BE TRUTH AND EVERY MAN A LIAR.
Europe a hobbled giant by 2025, predicts US intelligence report
LEIGH PHILLIPS Today NOV 21,08 @ 10:25 CET
EUOBSERVER / BRUSSELS - By 2025, the European Union will be a hobbled giant crippled by internal bickering and a eurosceptic citizenry. Eastern European organised crime could dominate one or more member state governments, and the bloc will likely be kowtowing to Moscow after having failed at all attempts to wean itself from Russian energy supplies.This is the rosy view for Europe's future mapped out by the United States National Intelligence Council (NIC), Washington's main intelligence body. This agency of agencies, formed in 1979, brings together analysis from each of America's multiple intelligence organisations to develop mid- to long-term strategic thinking for the country's security community.Every four years, the NIC peers into its crystal ball and produces a global trends review - a prediction of what the world will look like in around 15 years' time.This year's report, Global Trends 2025: A World Transformed, foresees the EU in 2025 as likely having completed its institutional reforms and consolidated itself as a political entity, but infighting between member states with competing domestic interests and a European public alienated by a perceived democratic deficit will leave it a hobbled giant, with massive economic heft but little genuine international power.Europe by 2025 will have made slow progress toward achieving the vision of current leaders and elites: a cohesive, integrated, and influential global actor, it begins optimistically, while declaring that the EU will at the same time not be a major military player.However, it goes on to warn: The European Union would need to resolve a perceived democracy gap dividing Brussels from European voters and move past the protracted debate about its institutional structures.Continued failure to convince sceptical publics of the benefits of deeper economic, political, and social integration ... could leave the EU a hobbled giant distracted by internal bickering and competing national agendas, and less able to translate its economic clout into global influence, worry the authors of the report.
The trends report also envisages Europe's public services and welfare system threatened by the expense of paying for retiring baby-boomers.The drop-off in working-age populations will prove a severe test for Europe's social welfare model, a foundation stone of Western Europe's political cohesion since World War II.Aging populations will force more dramatic changes when Europe hits a crisis point in trying to fix its demographic deficit, with the report diagnosing cutbacks to healthcare and pensions as the only solution. The document goes on to say that integrating immigrants, particularly from Muslim backgrounds will become an acute challenge in a difficult economic climate and frets about Europeans resort[ing] to narrow nationalism ... as happened in the past.Moreover, the question of Turkey's ultimate EU membership will be a test of Europe's outward focus between now and 2025. Increasing doubts about Turkey's chances are likely to slow its implementation of political and human rights reforms.Any outright rejection risks wider repercussions, reinforcing arguments in the Muslim world - including among Europe's Muslim minorities - about the incompatibility of the West and Islam.
Organised crime
All the bloc's efforts to diversify its sources of energy, away from Russia. will likely amount to little.Europe will remain heavily dependent on Russia for energy in 2025, despite efforts to promote energy efficiency and renewable energy and lower greenhouse gas emissions.This continued dependence will foster constant attentiveness to Moscow's interests by key countries, including Germany and Italy, who see Russia as a reliable supplier and could endanger the union if Russian firms are unable to full fill contract commitments because of underinvestment in their natural gas fields or if growing corruption and organised criminal involvement in the Eurasian energy sector spill over to infect Western business interests.Indeed, organised crime is the dark heart of this European dystopia, with the report describing the already substantial problem as the continent's largest concern.Crime could be the gravest threat inside Europe as Eurasian transnational organisations - flush from involvement in energy and mineral concerns - become more powerful and broaden their scope.Peering into the abyss, the report even foresees the takeover of a member state by such forces.One or more governments in eastern or central Europe could fall prey to their domination, the authors believe.
DISEASES
REVELATION 6:7-8
7 And when he had opened the fourth seal, I heard the voice of the fourth beast say, Come and see.
8 And I looked, and behold a pale horse:(CHLORES GREEN) and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword,(WEAPONS) and with hunger,(FAMINE) and with death,(INCURABLE DISEASES) and with the beasts of the earth.(ANIMAL TO HUMAN DISEASE).
US ambassador says 294 dead from cholera in Zimbabwe Thu Nov 20, 12:06 pm ET
WASHINGTON (AFP) – The US ambassador to Harare, James McGee, said Thursday that a total of 294 people have been confirmed dead from cholera in Zimbabwe, amid some 1,200 cases of the water-borne disease.The water situation, sanitation situation has gone through the ceiling, McGee told reporters in Washington via a satellite hookup from Harare.There are over 1,200 confirmed cases of cholera and another 2,500 unconfirmed cases of cholera, McGee said, adding that the death toll had risen to 294, which is higher than the official toll.Officials in Harare said the outbreak of cholera in Zimbabwe over the last month has now claimed at least 90 lives, including three deaths of Zimbabweans across the border in South Africa.At least 37 people have died in Beitbridge, a town on the border with South Africa, Health Minister David Parirenyatwa said on national radio.Three Zimbabweans have died across the border in the South African town of Musina, officials there said.Another 37 people have died in the capital Harare, while a new outbreak in the central town of Gweru has killed 13 people, state media said Thursday.Doctors Without Borders warned on Tuesday that 1.4 million people are at risk of the disease in Harare alone, and cases of cholera have been detected as far away as Durban, on South Africa's southeastern coast.
Bush hosts Olmert for likely final talks by Olivier Knox Olivier Knox – Thu Nov 20, 3:54 pm ET
WASHINGTON (AFP) – US President George W. Bush will host Israeli Prime Minister Ehud Olmert on Monday, likely their final talks weeks before both leaders leave office without achieving a Middle East peace deal.The talks, billed in Washington as a stock-taking with no major announcement expected, are also due to focus on Iran's suspect nuclear program, as well as relations with Syria, and the global economic crisis, US officials said.The meeting is likely to be their last face-to-face exchange before Bush, who had once hoped to seal an Israeli-Palestinian deal in 2008, hands president-elect Barack Obama the keys to the White House on January 20.
After three years of working with Bush to solve the six-decade old conflict between Israelis and Palestinians, Olmert resigned September 21 amid corruption charges and will helm a caretaker government until February 10 elections.The two leaders will discuss the state of Middle East peace efforts almost exactly one year after a US conference in Annapolis, Maryland, restarted stalled talks with an eye on a peace deal by late 2008, the White House said.They will focus on the strong bilateral relationship between our two countries, the continuing efforts to bring peace to the Middle East and a wide range of regional and international issues, said Bush spokeswoman Dana Perino.Asked whether Iran and Syria were also on the menu, US National Security spokesman Gordon Johndroe replied: They always talk about regional security issues.A senior US official, who requested anonymity, described the meeting as chiefly a stock-taking effort from which no major announcement should be expected.
Olmert will meet Monday with US Vice President Dick Cheney, a Cheney spokeswoman said, and was expected to see other top US officials and perhaps aides to the US president-elect. The Israeli embassy declined comment.Olmert's successor at the helm of the governing Kadima party, Foreign Minister Tzipi Livni, failed to form a governing coalition.The Bush administration blamed Israeli political turmoil earlier this month as it all but ruled out a peace deal in 2008 to pave the way for an independent Palestinian state living side-by-side at peace with Israel.But even before that, revived peace efforts had yet to resolve any major core disputes, and progress seemed difficult in the face of the Palestinian rift pitting president Mahmoud Abbas's Fatah against the Islamists of Hamas.Hamas has controlled Gaza since seizing control in June 2007, while Abbas has controlled the West Bank from his headquarters in Ramallah.Aides to Bush, the first sitting US president to call for the Palestinians to have their own independent state, say he will leave behind a solid basis for future peace efforts.Obama telephoned Abbas on Tuesday and vowed to continue pushing forward with the negotiations, a sign he will give the Israeli-Palestinian peace talks high priority, top Palestinian negotiator Saeb Erakat told AFP.And Israeli President Shimon Peres said Tuesday he felt confident about the prospects for a Middle East peace deal next year in the wake of Obama's resounding November 4 election victory.
Observers are closely watching Obama's choices for US secretaries of state and defense for signs of how he will proceed with Middle East peace while managing the wars in Iraq and Afghanistan.Israeli officials are also watching how Obama will take on Iran, after a campaign in which he said he might ramp up Washington's diplomatic engagement with Tehran in his first year in office. Obama has an opportunity to make a much greater contribution than just injecting more vigor, urgency, and activity into the process, said Middle East expert Robert Satloff. Satloff said Obama's natural skills and unique international standing might best be used to bring about Arab acceptance of Israel as a Jewish state and an end to all state-supported incitement against Jews. This is the critical missing ingredient in peacemaking, he said.
Jordan king meets Abbas after secret Israeli talks Thu Nov 20, 1:11 pm ET
AMMAN (AFP) – Jordan's King Abdullah II held talks on Thursday with Palestinian president Mahmud Abbas two days after Israeli leaders made a clandestine visit to the kingdom, a senior Jordanian official said.The king and Abbas, who met at the kingdom's southern Red Sea resort of Aqaba, discussed means of pushing ahead with peace negotiations with Israel on the basis of a two-state solution, the palace said.
Israeli public radio reported on Thursday that Prime Minister Ehud Olmert and Defence Minister Ehud Barak made a secret visit to Jordan on Tuesday and met the king. The palace declined to comment on these talks.A senior government official told AFP in Amman that the king told Olmert and Barak about the need to stop all unilateral measures in the West Bank and in Gaza.The king also told the Israeli leaders not to launch military operations because such measures will prevent the achievement of peace, the official said, on condition of anonymity.The Israeli radio report, citing a senior Israeli official, said that during Tuesday's meeting the Jordanian monarch urged the Israeli leaders to refrain from launching a large-scale military operation in the Gaza Strip.The radio said the king took the initiative to seek to avoid a confrontation that might also cause trouble in his country, home to many Palestinians.Israel cannot enjoy peace... unless the Palestinians obtain security and their own state, the king reportedly told the Israeli leaders.King Abdullah II asked Olmert to deal seriously with the Palestinians in the negotiations in order to achieve a two-state solution, he added.Olmert's press secretary declined to comment on the report when contacted by AFP in Jerusalem.The King told Abbas that achieving peace with the Palestinians will pave the way for a comprehensive regional peace, a palace statement said.Imposing more restraints on the Palestinians and increasing their suffering will create more tension.The two leaders agreed that Palestinian-Israeli peace talks should continue and Israel should take immediate measures to end the suffering of the Palestinians, the statement added.Israel has imposed a blockade on the Gaza Strip since the Islamist Palestinian movement Hamas took power there violently in June 2007. Control was tightened on November 5 with all crossings closed following a resurgence of violence and Palestinian rocket attacks on southern Israel.At least 1,000 people demonstrated in Amman on Wednesday against the Israeli blockade on Gaza.
MUSLIM NATIONS
EZEKIEL 38:1-12
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog,(RULER) the land of Magog,(RUSSIA) the chief prince of Meshech(MOSCOW)and Tubal,(TOBOLSK) and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech(MOSCOW) and Tubal:
4 And I will turn thee back, and put hooks into thy jaws,(GOD FORCES THE RUSSIA-MUSLIMS TO MARCH) and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY)of the north quarters, and all his bands:(SUDAN,AFRICA) and many people with thee.
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.(RUSSIA-EGYPT AND MUSLIMS)
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
ISAIAH 17:1
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.
PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,and the Ishmaelites;(ARABS) of Moab, and the Hagarenes;
7 Gebal, and Ammon,(JORDAN) and Amalek;(SYRIA) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)
EZEKIEL 39:1-8
1 Therefore, thou son of man, prophesy against Gog,(LEADER OF RUSSIA) and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech (MOSCOW) and Tubal: (TUBOLSK)
2 And I will turn thee back, and leave but the sixth part of thee, and will cause thee to come up from the north parts,(RUSSIA) and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou, and all thy bands,( ARABS) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire on Magog,(NUCLEAR BOMB) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.
JOEL 2:3,20,30-31
3 A fire(NUCLEAR BOMB) devoureth before them;(RUSSIA-ARABS) and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.
Thursday, Nov. 20, 2008 Putin grabs spotlight, vows Russia will thrive
By STEVE GUTTERMAN - Associated Press Writer
MOSCOW -- Russian Prime Minister Vladimir Putin used a meeting of his powerful political party to take center stage Thursday, casting himself as an indispensable leader even as the global financial meltdown threatens the achievements of his boom-time presidency.At the first congress of his United Russia party since May, when Dmitry Medvedev succeeded him as Russia's president, Putin eclipsed his protege with a rousing speech to party faithful in a massive atrium off Red Square.He acknowledged that Russia could not escape the effects of the international economic turmoil, but said it was well insulated by the riches accrued during his eight-year presidency. He also expressed confidence Russia would do more than just weather the storm.
Ivan Sekretarev
AP Photo - People walk by an exchange booth in downtown Moscow, Russia, Thursday, Nov. 20, 2008. Russian Prime Minister Vladimir Putin promised Thursday the country would emerge stronger from a world economic crisis he said was triggered by U.S. recklessness.
Alexander Zemlianichenko
AP Photo - Russian Prime Minister and chairman of the United Russia ruling party Vladimir Putin, front, gestures as he addresses the tenth United Russia Party Congress in Moscow, Thursday, Nov. 20, 2008. Russia's Prime Minister Putin on Wednesday said that Russia would come out stronger of the crisis triggered by the global financial system and the United States' recklessness.
Alexander Zemlianichenko
AP Photo - Russian Prime Minister and chairman of the United Russia ruling party Vladimir Putin, front, gestures as he addresses the tenth United Russia Party Congress in Moscow, Thursday, Nov. 20, 2008. Russia's Prime Minister Putin on Wednesday said that Russia would come out stronger of the crisis triggered by the global financial system and the United States' recklessness.
Ivan Sekretarev
AP Photo - People walk in a street, with an exchange rate board in the foreground, in downtown Moscow, Russia, Thursday, Nov. 20, 2008. Russian Prime Minister Vladimir Putin promised Thursday the country would emerge stronger from a world economic crisis he said was triggered by U.S. recklessness.
Alexander Zemlianichenko
AP Photo - Russian Prime Minister and chairman of the United Russia ruling party Vladimir Putin, front, gestures as he addresses the tenth United Russia Party Congress in Moscow, Thursday, Nov. 20, 2008. Russia's Prime Minister Putin on Wednesday said that Russia would come out stronger of the crisis triggered by the global financial system and the United States' recklessness.
Alexander Zemlianichenko
AP Photo - Russian Prime Minister and chairman of the United Russia ruling party Vladimir Putin, front, gestures as he addresses the tenth United Russia Party Congress in Moscow, Thursday, Nov. 20, 2008. Russia's Prime Minister Putin on Wednesday said that Russia would come out stronger of the crisis triggered by the global financial system and the United States' recklessness.
Ivan Sekretarev
AP Photo - Employees are seen at the Moscow Interbank Currency Exchange, or MICEX, in Moscow, Thursday, Nov. 20, 2008. Russian Prime Minister Vladimir Putin promised Thursday the country would emerge stronger from a world economic crisis he said had been triggered by U.S. recklessness.
Ivan Sekretarev
AP Photo - A Russian woman walks after exchanging money at a money exchange booth in downtown Moscow, Russia, Thursday, Nov. 20, 2008. Russian Prime Minister Vladimir Putin promised Thursday the country would emerge stronger from a world economic crisis he said was triggered by U.S. recklessness.
We can and must come out of the global instability stronger and more competitive, Putin said.Amid speculation he could seek a return to the presidency soon, Putin sought to assure Russians that - far from plotting his political future - he is hard at work to shelter them from a crisis thrust upon Russia from the outside.Once again, Putin cast the U.S. as the chief culprit in the woes of Russia and the world, saying that cheap-money doping and mortgage troubles in the United States brought on the crisis.Putin asserted that Russia's economic troubles would not mean a retreat from the ambitious plans he has laid out for the coming dozen years.We are here today to say how, in the conditions of a world financial crisis, we are going to achieve the resolution of our strategic tasks, Putin said. Our main, unconditional task is improving people's lives.Putin came up with an array of tax breaks to bolster the economy and called for increased unemployment benefits. Still he said currency reserves accumulated during the oil boom will ensure the stability of the Russian budget system for the coming years, with no dependence on world oil prices or traditional export goods.The party congress came a day before the lower parliament house, dominated by United Russia, is expected to give its final approval to a Kremlin initiative to lengthen future presidential terms from four years to six. The move is widely seen as tailored to Putin, who was constitutionally barred from seeking a third straight term but can run in the next presidential election, scheduled for 2012.The push to enact the constitutional change just months after Medvedev's election has sparked speculation that it could be used to cut his term short and usher Putin back into the Kremlin much sooner. There has also been talk that Putin could step down as prime minister to avoid flak over the worsening economy.The message from the United Russia congress was the opposite: that Putin is eagerly and competently doing his job as prime minister.But with its broad scope and attention to detail, Putin's performance appeared aimed to portray him as the best hope for a country at a tough time. Putin's 45-minute speech dwarfed Medvedev's much shorter opening remarks. And while he spoke to an audience of party faithful, his seemed bent on reassuring everyday Russians that the nation - despite a severe credit crunch and falling ruble currency - is not headed for economic collapse.
Putin's speech was aimed directly at the general public, and the content was much more in keeping with that of a state of the nation address than Medvedev's own state of the nation address two weeks ago, said Chris Weafer, chief strategist at Moscow-based investment bank UralSib.Medvedev's address - his first - focused more on geopolitics.Weafer said Putin's upbeat speech was aimed to avert panic that could speed a more serious decline of Russia's economy.Russia's financial situation is still strong but the situation is deteriorating, Weafer said. If this trend continues, there could be a major economic crisis possibly in the first quarter of next year, with job losses and other effects, and this could create political problems for the government.Associated Press Writer Nataliya Vasilyeva contributed to this report.
Iran said to have enough nuclear fuel for one weapon
By William J. Broad and David E. Sanger Published: November 20, 2008
Iran has now produced roughly enough nuclear material to make, with added purification, a single atom bomb, according to nuclear experts analyzing the latest report from global atomic inspectors.The figures detailing Iran's progress were contained in a routine update on Wednesday from the International Atomic Energy Agency, which has been conducting inspections of the country's main nuclear plant at Natanz. The report concluded that as of early this month, Iran had made 630 kilograms, or about 1,390 pounds, of low-enriched uranium.Several experts said that was enough for a bomb, but they cautioned that the milestone was mostly symbolic, because Iran would have to take additional steps. Not only would it have to breach its international agreements and kick out the inspectors, but it would also have to further purify the fuel and put it into a warhead design — a technical advance that Western experts are unsure Iran has yet achieved.They clearly have enough material for a bomb, said Richard Garwin, a top nuclear physicist who helped invent the hydrogen bomb and has advised Washington for decades. They know how to do the enrichment. Whether they know how to design a bomb, well, that's another matter.Iran insists that it wants only to fuel reactors for nuclear power. But many Western nations, led by the United States, suspect that its real goal is to gain the ability to make nuclear weapons.Iran is said to have enough material for one nuclear weapon
While some Iranian officials have threatened to bar inspectors in the past, the country has made no such moves, and many experts inside the Bush administration and the IAEA believe it will avoid the risk of attempting nuclear breakout until it possessed a larger uranium supply.
Even so, for President-elect Barack Obama, the report underscores the magnitude of the problem that he will inherit Jan. 20: an Iranian nuclear program that has not only solved many technical problems of uranium enrichment, but that can also now credibly claim to possess enough material to make a weapon if negotiations with Europe and the United States break down.American intelligence agencies have said Iran could make a bomb between 2009 and 2015. A national intelligence estimate made public late last year concluded that around the end of 2003, after long effort, Iran had halted work on an actual weapon. But enriching uranium, and obtaining enough material to build a weapon, is considered the most difficult part of the process.
Siegfried Hecker of Stanford University and a former director of the Los Alamos weapons laboratory said the growing size of the Iranian stockpile underscored that they are marching down the path to developing the nuclear weapons option.In the report to its board, the atomic agency said Iran's main enrichment plant was now feeding uranium into about 3,800 centrifuges — machines that spin incredibly fast to enrich the element into nuclear fuel. That count is the same as in the agency's last quarterly report, in September. Iran began installing the centrifuges in early 2007. But the new report's total of 630 kilograms — an increase of about 150 — shows that Iran has been making progress in accumulating material to make nuclear fuel.That uranium has been enriched to the low levels needed to fuel a nuclear reactor. To further purify it to the highly enriched state needed to fuel a nuclear warhead, Iran would have to reconfigure its centrifuges and do a couple months of additional processing, nuclear experts said.They have a weapon's worth, Thomas Cochran, a senior scientist in the nuclear program of the Natural Resources Defense Council, a private group in Washington that tracks atomic arsenals, said in an interview.He said the amount was suitable for a relatively advanced implosion-type weapon like the one dropped on Nagasaki. Its core, he added, would be about the size of a grapefruit. He said a cruder design would require about twice as much weapon-grade fuel.It's a virtual milestone, Cochran said of Iran's stockpile. It is not an imminent threat, he added, because the further technical work to make fuel for a bomb would tip off inspectors, the United States and other powers about where they're going.The agency's report made no mention of the possible military implications of the size of Iran's stockpile. And some experts said the milestone was still months away. In an analysis of the IAEA report, the Institute for Science and International Security, a private group in Washington, estimated that Iran had not yet reached the mark but would within a few months. It added that other analysts estimated it might take as much as a year.Whatever the exact date, it added, Iran is progressing toward the ability to quickly make enough weapon-grade uranium for a warhead.Peter Zimmerman, a physicist and former United States government arms scientist, cautioned that the Iranian stockpile fell slightly short of what international officials conservatively estimate as the minimum threatening amount of nuclear fuel. They're very close, he said of the Iranians in an interview. If it isn't tomorrow, it's soon, probably a matter of months.In its report, the IAEA, which is based in Vienna, said Iran was working hard to roughly double its number of operating centrifuges.
A senior European diplomat close to the agency said Iran might have 6,000 centrifuges enriching uranium by the end of the year. The report also said Iran had said it intended to start installing another group of 3,000 centrifuges early next year.The atomic energy agency said Iran was continuing to evade questions about its suspected work on nuclear warheads. In a separate report released Wednesday, the agency said, as expected, that it had found ambiguous traces of uranium at a suspected Syrian reactor site bombed by Israel last year.While it cannot be excluded that the building in question was intended for non-nuclear use, the report said, the building's features along with the connectivity of the site to adequate pumping capacity of cooling water, are similar to what may be found in connection with a reactor site. Syria has said the uranium came from Israeli bombs.
REVELATION 6:12-17
12 And I beheld when he had opened the sixth seal, and, lo, there was a great earthquake; and the sun became black as sackcloth of hair, and the moon became as blood;
13 And the stars of heaven fell unto the earth, even as a fig tree casteth her untimely figs, when she is shaken of a mighty wind.
14 And the heaven departed as a scroll when it is rolled together; and every mountain and island were moved out of their places.
15 And the kings of the earth, and the great men, and the rich men, and the chief captains, and the mighty men, and every bondman, and every free man, hid themselves in the dens and in the rocks of the mountains;
16 And said to the mountains and rocks, Fall on us, and hide us from the face of him that sitteth on the throne, and from the wrath of the Lamb:
17 For the great day of his wrath is come; and who shall be able to stand?
REVELATION 8:12-13
12 And the fourth angel sounded, and the third part of the sun was smitten, and the third part of the moon, and the third part of the stars; so as the third part of them was darkened, and the day shone not for a third part of it, and the night likewise.
13 And I beheld, and heard an angel flying through the midst of heaven, saying with a loud voice, Woe, woe, woe, to the inhabiters of the earth by reason of the other voices of the trumpet of the three angels,which are yet to sound!
INTERESTING WE HAVE A PREVIEW OF THE FUTURE WHEN THE GREATEST METEOR WILL HIT EARTH TO DARKEN THE SUN FOR THE LAST OF THE 7 YEAR TRIBULATION PERIOD TO SAVE ISRAELIS AND ALL PEOPLE ON EARTH FROM DIEING FROM THE HEAT THAT HAS COME ON THE EARTH OVIOUSLY THE OZONE WILL BE COMPLETELY DEPLETED AT THIS TIME IN HISTORY AND IT WILL BE 7 TIMES HOTTER THAN NOW THE SUN.
REAL METEOR IMPACT - VIDEO
http://www.youtube.com/watch?v=n9gJXmKCkr8&feature=related
METEOR EARTH HIT RESULTS - VIDEO
http://www.youtube.com/watch?v=QlYmO4S_Dkk
Meteor provides early-morning display in Pacific Northwest Tuesday, February 19, 2008| 1:06 PM ET The Canadian Press
A meteor that blazed across the darkened early-morning sky above the western United States was also clearly visible on the Canadian side of the border on Tuesday.A Kamloops, B.C., man, who identified himself only as Doug, said he was driving south of the city when he saw a blazing ball that appeared to have hit the ground, because it illuminated the entire horizon.Another Kamloops man, Gerald Haggerty, said the horizon lit up like a bomb.A Federal Aviation Administration duty officer in Seattle told the Associated Press that pilots reported the streaking meteor from Boise, Idaho, west to Washington state.A Horizon Airlines pilot reported seeing the meteorite hit the ground with a burst of light near State Route 26, about 280 kilometres east-southeast of Seattle.Sheriff's dispatchers said they had no reports of damage or injuries from the reported meteorite strike around 5:45 a.m. local time.
They said one caller from Walla Walla, about 90 kilometres south-southeast of the reported impact site, said she heard a sonic boom and felt a shock wave not long after seeing the streaking meteor.
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.
I CAN PREDICT THE WEATHER BY WHAT GODS WORD SAYS,WHATEVER THE WEATHER IT WILL BE INTENSE AND DESTRUCTIVE. SINCE GOD'S PROPHECIES ARE COMING TO PASS INTENSLY NOW LIKE A WOMAN IN LABOUR.
Winter weather hard to predict this year: NOAA By Christopher Doering – Thu Nov 20, 1:28 pm ET
WASHINGTON (Reuters) – Winter will be warmer than normal for much of the central United States, but government forecasters said on Thursday this season's weather for the rest of the country will be particularly hard to predict.That's because sea surface temperatures in the Pacific Ocean have failed to yield the kind of clues to climate patterns that can make forecasts more reliable, the National Oceanic and Atmospheric Administration said in its forecast, which covers the December through February period.There was a lot of agonizing over this particular forecast. This would seem to be the toughest one I can recall having to do, said Michael Halpert, deputy director of NOAA's Climate Prediction Center, in an interview.Variability is going to be the highlight for this coming winter, Halpert said.Neither El Nino nor La Nina weather patterns are present this year in the Pacific Ocean, NOAA said.
La Nina refers to an abnormal cooling of sea surface temperatures in the Pacific Ocean, which tends to bring colder weather to the northern and western United States and drier conditions to the South. El Nino refers to a warming of surface temperatures and creates weather opposite of La Nina.Instead, winter weather will be heavily influenced by other climate patterns over the Arctic and North Atlantic regions.For now, the forecast calls for a mild winter, with warmer-than-normal weather from the Rocky Mountains to the Appalachian Mountains through February, NOAA said.The best chance for above-normal temperatures was expected in Missouri, eastern Kansas, Oklahoma and Arkansas, with a lower probability extending into southern Wisconsin, western Ohio and Texas.But exactly how the weather plays out remains to be seen.The agency's winter forecast also predicted an equal chance for temperatures to be normal, above normal or below normal on the East Coast and in the western United States, extending into Montana and northern Minnesota.The forecast could be good news for the Northeast and the Midwest, which are the largest users of heating oil and natural gas, respectively, in the United States.It looks like we're going to see a little bit (of weather) for everyone, Halpert said.The government said it was difficult to predict moisture across most of the country through February.Above-normal rain and snow was forecast for Missouri, Kansas, Oklahoma and Arkansas. Below-normal precipitation was seen in a narrow swath of the southern United States, extending from Arizona through Texas and Georgia and into Virginia.Halpert said the winter forecast was further complicated by signs that La Nina could develop during the winter, although he said government forecasters were skeptical that would occur.
NOAA is the latest weather agency to struggle with predicting how things will unfold this winter. Other weather forecasters also have failed to reach a consensus over what conditions will be like.In the eastern United States, for example, two weather forecasters, including AccuWeather, have predicted the coldest winter since 2003-04. Meanwhile, competitor WSI Corp has called for mostly mild temperatures in the region.(Editing by Christian Wiessner)
Deadly flash floods hit storm-battered Australian city Thu Nov 20, 3:39 am ET
BRISBANE, (AFP) – Flash floods killed a woman and forced evacuations as torrential rain drenched Australia's battered city of Brisbane Thursday just days after it was hit by a violent storm, officials said.The 85-year-old died when she was trapped in her car as it was swept away by floodwaters east of the Queensland state capital, police said. Her elderly husband was recovering in hospital.More than 1,000 calls were made to emergency services in Brisbane and surrounding areas on the east coast, which were pounded by up to 25 centimetres (nearly 10 inches) of rain over seven hours overnight.Thousands of homes were plunged into darkness and families were evacuated from houses threatened by a landslip workers had been trying to stabilise after Sunday's storm, said state Emergency Services Minister Neil Roberts.Several motorists were rescued after being trapped in flooded cars, while major highways and train services were cut, officials said.We've got crews out there and cars have been washed off the roads, said the mayor of nearby Ipswich, Paul Pisasale.State Premier Anna Bligh said she had called the State Disaster Management Group into action after the second major storm in a week.Electricity was cut to more than 2,600 homes and businesses in the towns while areas near the Sunshine Coast tourist mecca were also without power.The worst affected areas to date are in the Ipswich, Bundamba, Gatton, Lockyer area, said Bligh.We've also seen very heavy rainfall in Toowoomba and early reports of some damage at the Gold Coast.She warned that river levels were still rising and further flooding was possible.
As people clock up the damage this morning I think we'll get a much clearer picture of how widespread this is, she said.Our emergency resources will no doubt be stretched but we'll be getting out there to help people all day today.The floods pile more misery onto residents trying to clean up after Sunday's storm, which saw parts of Brisbane declared a natural disaster zone, with houses destroyed, trees felled and power lines and phone services down.About 10,000 insurance claims worth 95 million dollars (60 million US dollars) have been lodged so far but insurers say the total damage bill including infrastructure could be 500 million dollars.The Bureau of Meteorology has forecast further wet weather, lightning and possible hail in the area.
N.S. minister apologizes, begins safety review after storm strands 1,500 vehicles Thursday, November 20, 2008 | 8:24 PM ET Canadian Press: Michael Macdonald, THE CANADIAN PRESS
HALIFAX, N.S. - Nova Scotia's transport minister apologized Thursday to the hundreds of motorists left stranded overnight on the Trans-Canada Highway after an intense snowstorm struck the central part of the province with little warning.Murray Scott said his department had launched an independent safety review amid complaints the province was ill-prepared to deal with the first storm of the season, which also caused power outages across the province and in P.E.I.I apologize to the people who had to endure through the night being stuck in vehicles, Scott said outside the legislature. We didn't cause the weather, but I'm accountable for what happens on our highways.At the height of the storm Wednesday night, amid freezing temperatures and whiteout conditions, traffic was at a standstill across a 12-kilometre section of the four-lane, divided toll highway, about 100 kilometres north of Halifax.At least 1,500 vehicles were stranded.None of us was warned about the storm coming, said Scott. This morning, I heard one of the newscasters say even the weather people weren't warning us. They weren't aware of it.No one was injured, but at one point an ambulance and a police car were dispatched to travel eastward from Amherst on the empty westbound lanes to reach two people in medical distress.One older man was rescued after he said he was having a stroke, and police brought a Coke and medication to a man who was worried about going into diabetic shock.Officials with the RCMP, the Transport Department and the private company that operates the 47-kilometre toll highway said they received no warning that a storm was on its way.The snow started around 3 p.m. About 45 minutes later, a car collided with a transport truck in the westbound lanes near the top of the Cobequid Mountains.
Once the tractor-trailer got stuck on the hill, then everyone got stuck, RCMP Cpl. Darren Galley said from Amherst. I'm sure there was a lot of people frustrated.By 4:30 p.m., the decision was made to close the westbound lanes just west of the tollgate, which is also near the top of the chain of small mountains.Within an hour, the weather deteriorated, darkness fell over the Cobequid Pass and the eastbound lanes were also closed as they became icy under about 10 centimetres of heavy, wet snow.The plows couldn't get through because of the traffic blocking the lanes, Galley said. We all got blindsided by the storm.Carolle Crooks was among five contemporary dancers and a technician in a van headed for a show in Moncton when the storm descended on them at 6 p.m., about three kilometres east of the tollgate.
Crooks said there was no indication the westbound lanes of the highway - the main link between Nova Scotia and New Brunswick - had been closed for more than 90 minutes.Cars continued to pile up for hours, she said in an interview. We had no idea what was going on.For the first few hours, the group played guessing games and ate what few snacks they had before bundling up in their extra clothes and shutting the engine off intermittently to conserve fuel.Crooks said the local radio newscasts said nothing about the enormous traffic tie-up, which prompted a few members of the group to pick up their cellphones and start calling media outlets and the police.She said the police provided little information and there was no sign of any officials patrolling the area to ensure people weren't in any distress, even though the eastbound lanes closed later and reopened much earlier.We just had to sit and wait, Crooks said.She said police should have provided some basic provisions and basic information, particularly for those stranded with small children. But that never happened.We didn't sleep very much at all, she said, noting that one of the women in their rental van was pregnant.Finally, after 15 hours stuck in the same spot, traffic started to move slowly at 9:30 a.m. and the dance crew headed for Truro, N.S., for a big breakfast.A spokesman for the Atlantic Highway Management Corp., the private company that operates the toll highway, confirmed he received no weather warnings.But general manager Wayne Crossan stressed that the area is know for rapid changes in the weather. A few years ago, that stretch of Highway 104 was closed for 20 hours because of a snowstorm, he said.Still, Crossan said the number of vehicles stranded Wednesday night was much higher than usual.He said the company has a contract with the Transportation Department to keep the highway clear, and he was satisfied with the work done in the wake of the storm.I think they did everything they could, he said.The eastbound lanes reopened at 2 a.m. Thursday and the westbound lanes were cleared for traffic by 5:15 a.m.Crossan said some drivers were clearly upset by the long wait but many had smiles on their faces as they were waved through the tollgate.It was heartening to see something like that, he said.
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.
China says 19,000 students died in May earthquake NOV 21,08
BEIJING (AP) — China has acknowledged for the first time that more than 19,000 students died in the massive earthquake that struck Sichuan province in May.The earthquake left nearly 90,000 people dead or missing, but the government had never said how many of the casualties were students. Their deaths caused protests and anger among parents, because of reports that many of the schools that collapsed had been built with substandard materials.Wei Hong, the executive vice governor of Sichuan, announced the student death toll of 19,065 at a news conference Friday.
CNN NEWS VIDEO
http://edition.cnn.com/video/
YAHOO NEWS VIDEO
http://news.yahoo.com/video
MIDEAST CONFLICT NEWS
http://news.yahoo.com/video/1874;_ylt=A0wNcxFdg6xIgbkAwD6z174F
ABC NEWS VIDEO
http://news.yahoo.com/video/2461
FOX NEWS VIDEO
http://news.yahoo.com/video/3074
FOX BUSINESS VIDEO
http://news.yahoo.com/video/3045
AP NEWS VIDEO
http://news.yahoo.com/video/2529
BBC NEWS VIDEO
http://news.yahoo.com/video/2918
REUTERS VIDEO NEWS
http://news.yahoo.com/video/2704
AFP NEWS VIDEO
http://news.yahoo.com/video/3091
CNBC NEWS VIDEO
http://news.yahoo.com/video/3245
HOARDING OF GOLD AND SILVER
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed: their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
WORLD MARKET RESULTS
http://money.cnn.com/data/world_markets/
HALF HOUR DOW RESULTS FRI NOV 21,2008
09:30 AM +76.22
10:00 AM +77.48
10:30 AM +3.42
11:00 AM -37.76
11:30 AM +21.74
12:00 PM +20.46
12:30 PM +50.89
01:00 PM +99.83
01:30 PM +24.55
02:00 PM -31.38
02:30 PM -6.28
03:00 PM -56.22
03:30 PM +259.89
04:00 PM +494.13 8046.42
S&P 500 800.03 +47.59
NASDAQ 1384.35 +68.23
GOLD 800.5 +51.8
OIL 50.39 +0.39
TSE 300 8155.39 +430.63
CDNX 704.17 +12.22
S&P/TSX/60 492.68 +29.11
THURSDAY RECAP
Risk of corporate defaults at record.
Jobless claimes near highest since 1982.
Global recession,Commodities plummet,Oil below $50 yesterday.
S&P 500 erases 2002-2007 bull market.
Worst 2 days since 1987.
Stocks on pace for worst year ever on record.
Corporate Bonds CDS blows out to a record.
Financials ETF plummets 11% yesterday.
Credit freeze back on.
Volatility Index soars to 81 yesterday.
MORNING NEWS,STATS
10:07AM STATS
Dow +156 points at 3 minutes of trading today.
Dow +167 at high so far this morning.
Dow -4 at low so far this morning.
Dow -444.99 points or 5.56% to 7552.29 yesterday.
Dow is off 46.68% from record close of 14,164.53 on OCT 9,2007.
Dow is -19.01% month to date.
Dow is -43.07 year to date.
S&P -54.14 points or 6.7% to 752.44 yesterday.
S&P is off 51.93% from record close of 1565.15 on OCT 9,2007.
S&P is -22.33% month to date.
S&P is -48.76% year to date.
Nasdaq -70.30 points or 5.07% to 1316.12 yesterday.
Nasdaq is off 53.97% from record close of 2859.12 on OCT 31,2007.
Nasdaq is -23.52% month to date.
WALMART names Mike Duke as CEO replacing Lee Scott Today.
GM to sell 2 of its Private Jets.
Obama soon to name Hilary Clinton Secretary of State.
Dow +167 points at high today so far.
Dow -101,or 7,450 points so far at low today.
AFTERNOON,NEWS,STATS
Dow touches lowest level since October 2002.
S&P touches lowest level since January 1997.
Nasdaq touches lowest level since march 2003.
Crude Oil rebounds from 3 yr low still down almost 50% from 2008 levels.
CITI stocks sink 10% while board members at meeting ponder future.
Dow -101 points at low still today.
Dow +167 points at high still today.
Stocks trade in 267 point range today so far.
WRAPUP,NEWS,STATS
Dow +519 points at high today.
Dow -101 at low today.
Dow traded in 620 point range today.
Dow +6.5% today.
Dow -6% on the week.
S&P +6% today.
S&P -9.5% on the week.
S&P financials -26% on the week.
Nadaq +4.9% today.
Nasdaq -10% on the week.
Russell 200 -13% on the week.
Sarkozy launches €20 billion fund to protect strategic industries
ELITSA VUCHEVA Today NOV 21,08 @ 09:38 CET
France will pay out €20 billion to protect its key industries in the wake of the global financial crisis via the creation of a strategic investment fund - the country's first sovereign wealth fund, French President Nicolas Sarkozy said on Thursday (20 November).Following up on his idea first brought up three weeks ago to protect French businesses from foreign hands, Mr Sarkozy also announced the new fund's first €80 million investment would go to industrial supplier Daher, which works in the aerospace, defence, nuclear and automotive industries.According to the French president, firms that have competences, technologies and jobs that are irreplaceable for the national territory qualify as strategic ones and deserve special treatment.The day we don't build trains, aeroplanes, automobiles and ships, what will be left of the French economy? Memories. I will not make France a simple tourist reserve, he said.The fund will be managed by state-controlled lender Caisse des Depots et Consignations, and should be operational as of next month, French daily Le Figaro writes.I want France to keep its factories, I want this process of factory relocation and outsourcing to stop and I want firms with the potential to develop to be able to do so, even if financial institutions at the moment are a little timid, the French president said.Although it will consist of €20 billion in the beginning, it could later increase if it works, Mr Sarkozy said, and added that foreign investors, notably other sovereign wealth funds, would be welcome to join and form alliances.
Dinner with the commission president
Later on Thursday, Mr Sarkozy hosted a dinner in Paris with European Commission President Jose Manuel Barroso to discuss a European stimulus plan that Brussels is expected to present next week.Details of the dinner talks are not known, but French daily Les Echos said the goal was to put the finishing touches to the stimulus package.Speaking to the press earlier in the day, Mr Barroso declined to confirm previous reports that the package the commission will present would be worth some €130 billion, saying that a decision on the amount had not yet been taken.What we need is a co-ordinated European Union response, big enough, bold enough to work in the short term, yet strategic and sustainable enough to turn the crisis into an opportunity in the longer term, the commission president said after talks with Belgian Prime Minister Yves Leterme in Brussels.Mr Barroso and Mr Sarkozy also discussed the forthcoming December meeting of EU leaders in Brussels, notably the European response to the economic situation and the negotiation of the climate and energy package, said a communique from the French president's office.Mr Sarkozy is also to meet German Chancellor Angela Merkel in Paris on Monday to try to find a way to work together in order to boost the economy, Reuters reports.
Brussels plans €130 billion stimulus package
LEIGH PHILLIPS 20.11.2008 @ 09:30 CET
A massive €130 billion prime-the-pump operation to stimulate the European economy is currently being planned by the European Commission.First revealed by German weekly Der Spiegel's online edition, the EU executive is constructing a package that would see each of the 27 member states commit one percent of their GDP to fiscal stimulus measures to pull the bloc out of its downturn and stave off the greater threat of deflation.The plan would see the commission itself commit some money, although the EU executive itself has limited funds, and so member states themselves would have to provide the bulk of the cash, according to a source close to the commission discussions who spoke to the German magazine.A German economy ministry spokeswoman on Wednesday (19 November) confirmed to Le Monde that such a plan was in the works.
That represents one percent of gross domestic product for each member state, the unnamed official told the French paper.The commission hopes to finish drafting the plan by next Wednesday (26 November), with European leaders considering the package at the final 2008 summit on 11 December.The move may run into resistance from some member states, whose public finances have little room to manoeuvre without borrowing the money for such an initiative, particularly at a time when the economic crisis is putting pressure on government revenues.Until now, Germany has strongly resisted pan-European measures, although it has already adopted domestic stimulus measures amounting to €32 billion over two years - equivalent to just over one percent of GDP. It is unclear whether this already announced sum would be included in the commission's plan or be considered in addition to the EU package.A stimulus package of such size would be a major turnaround for most European leaders, who from long ago abandoned support for such Keynesian financial strategies on both the left and right side of the political spectrum.However, the downturn has been of so considerable a scale and speed - the eurozone officially entered its first-ever recession last Friday - that liberal hostility to government intervention is crumbling across the board.The ideas of British economist John Maynard Keynes - who advocated government interventionism - provided the theoretical backbone of western European countries' post-war economic strategies, but were abandoned to a greater or lesser degree by the 1980s.
Commission green-lights industrialisation of Arctic ,The retreating ice opens new fishing grounds (Photo: David Lundy)LEIGH PHILLIPS 20.11.2008 @ 17:44 CET
EUOBSERVER / BRUSSELS - The rapidly melting Arctic is a bonanza of oil, gas, fish and mineral wealth waiting to be exploited - so long as it is done in a sustainable manner, the European Commission believes.Faster transit routes, including the fabled Northwest Passage sought by explorers for centuries, and expanded possibilities for polar tourism also provide exciting opportunities for businesses, according to the EU executive, which on Thursday (20 November) adopted a communication outlining Europe's first ever policy towards the Land of the Midnight Sun.We cannot remain impassive in the face of the alarming developments affecting the Arctic climate and, in consequence, the rest of our planet, said fisheries commissioner Joe Borg, while speaking to reporters after the publication of the policy document.The Arctic is an essential and vulnerable component of the Earth's ecosystem, echoed his colleague, external relations commissioner Benita Ferrero-Walder. The effects of climate change are more advanced and more evident in the Arctic than in any other area of the world.
But this is no reason not to exploit the region, they both argued.On the other hand, the combination of the climatic changes and the recent technological developments opens up new opportunities interlaced with challenges, said Mr Borg.
There are significant mineral resources, in particular hydrocarbon resources in the Arctic located under the sovereign territories or inside the exclusive economic zones of the Arctic states, said Ms Ferrero-Waldner.She added that there is already exploration for fossil fuels going on and so there was no point in trying to put a halt to such activity.Exploitation is already going ahead in some places and could be profitable. But it must be sustainable and comply with strict environmental standards.The document has three main thrusts - the protection of the Arctic environment and its people, the sustainable exploitation of resources, and the improvement of multi-lateral governance of the region.Ms Ferrero-Walder described these elements as the three pillars of EU Arctic policy.The fisheries commissioner also noted that the retreating ice opens new fishing grounds, but warned that considerable parts of the Arctic ocean are not covered by regional fisheries management organisations.The boundaries of these pristine waters need to be regulated to avoid overfishing, he said. The commission believes the best authority to oversee such a process is the Northeast Atlantic Fisheries Council and will take initiatives to widen the scope of this body.The commission is to apply for observer status with the Arctic Council, an intergovernmental forum that brings together the Arctic nations: Canada, Denmark, Finland, Iceland, Norway, Russia, Sweden and the US.
Additionally, in order to improve maritime surveillance, the commission is working with the European Space Agency to explore the development of a polar orbiting satellite system. This would permit better knowledge of shipping traffic and co-ordinate faster reactions during emergencies.
Law of the Sea
The commission strongly backs developing the governance of the region, which has until now has been very weak as a result of the inhospitable environment that left few humans interested in the Arctic. In May this year, the five Arctic Ocean coastal states - Russia, Canada, the United States, Norway and Denmark - adopted a declaration supporting the maintenance of the existing legal framework that covers the region: the UN Convention on the Law of the Sea.However, in October, the European Parliament overwhelmingly voted in favour of the negotiation of an international Arctic treaty to protect the high north. Although the parliament's resolution also supports the sustainable development of the Arctic, including for fossil fuel extraction, some environmental groups would like to see an Arctic treaty that mirrors the Antarctic Treaty, which set aside Antarctica as a scientific preserve, banned territorial claims and prohibited military activities.
The commission however rejects the parliament's perspective.
I back the views of the Arctic states that an Arctic Charter is not the way forward, said Mr Borg. The bedrock for action in the Arctic Ocean remains the Law of the Sea.
He encouraged those countries present in the Arctic that are not signatories to the convention to sign on as soon as possible. The United States is not a party to the Law of the Sea.The Liberal grouping in the European Parliament largely welcomed the communication but criticised the failure to support the euro-deputies' position on a new treaty.If there is one disappointment with the communication, it is that the commission has not taken up the parliament's call to open international negotiations designed to lead to the adoption of an international treaty for the protection of the Arctic, said UK MEP Diana Wallis.
Potential for catastrophe
Environmental groups are horrified at the commission's support for the industrialisation of the Arctic, and are extremely sceptical that many proposed activities can be done in a sustainable fashion at all, particularly fossil fuel development, shipping goods across the Arctic Ocean and expanded fisheries.
Increasing human activities could significantly accelerate the threats facing the Arctic, which would have cascading effects all over the world, warned Oceana, an oceans campaign group.Irresponsible development in the Arctic ecosystem holds the potential for catastrophe, said Xavier Pastor, the director of the group's European division.Oceana says that there must be a comprehensive scientific assessment before any development can take place, followed by principles of precautionary management.
The commission says it does indeed support the precautionary principle for the Arctic and plans to open a dialogue with environmental groups about the Arctic.The fisheries commissioner said he indeed supports such thinking.I think the prudent way forward is the precautionary approach, Mr Borg said. If it turns out that the environmental damage caused by certain activities is too high, then we will take the necessary action.
Oceana is doubtful.
Yes, they say they're going to take a precautionary approach, but they also say that about fisheries, so that doesn't bode well, said Julie Cator, the group's policy director.If the environment is so important in their thinking, why wasn't the environment commissioner there [to present the communication] as well? The environment directorate-general was not involved in the drafting of the communication.The commission said that environment commissioner was unable to attend as he was in Strasbourg.
Dems delay auto bailout vote, seek plan from Big 3 By JULIE HIRSCHFELD DAVIS, Associated Press Writers NOV 21,08
WASHINGTON – The $25 billion rescue plan for the auto industry, desperately sought by Detroit's beleaguered Big Three, collapsed Thursday as Congress drew the line at one more bailout and Democrats said they wouldn't even consider it until the companies produced a convincing plan for rebuilding their once-mighty industry.The demise of the rescue — at least for now — left uncertain the fate of General Motors Corp., Ford Motor Co. and Chrysler LLC, and sent Wall Street spiraling to its lowest level in years. The Dow Jones industrials dropped 445 points, the second straight plunge of more than 400, and hit the lowest point in nearly six years.The carmakers have been clobbered by lackluster sales and choked credit, and are battling to stay afloat through year's end. Failure of one or more of the Big Three would be a severe further blow to the floundering economy — and to many Americans' view of the nation's industrial strength — and throw a million or more additional workers off the job.Just Thursday, the government reported that laid-off workers' new claims for jobless aid had reached a 16-year high and the number of Americans searching for work had soared past 10 million. Congress approved a measure to extend jobless benefits through the holidays, and the White House said President George W. Bush would quickly sign it.But Democratic leaders scrapped votes on the auto rescue, postponing until next month a politically tricky decision on whether to approve yet another unpopular bailout at a time of economic peril, or risk being blamed for the implosion of an industry that employs millions and has broad reach into all aspects of the U.S. economy.Until they show us the plan, we cannot show them the money, Speaker Nancy Pelosi, D-Calif., said at a hastily called news conference in the Capitol.
GM, Ford and Chrysler quickly issued statements promising to submit the blueprint the Democrats demanded.Pelosi and Senate Majority Leader Harry Reid, D-Nev., said Congress might return to work in early December for a vote on aid to the carmakers — but only if they show Congress they could use the funds to transform their struggling industry into a viable one.For now, however, the Democrats said the aid plan lacked the support to pass Congress and be signed by Bush.Bush and congressional Republicans had balked at Democrats' suggestion to draw emergency auto industry loans from the $700 billion Wall Street rescue fund. And most Democrats were unwilling to go along with a separate, bipartisan effort backed by the White House to temporarily divert an existing program to help carmakers produce vehicles that burn less gasoline to cover the companies immediate financial needs.But with GM warning it could go under before year's end, Democratic leaders were unwilling to close up shop for the year and appear to turn a deaf ear to the industry. They called for a Big Three viability plan by Dec. 2, scheduled hearings that week on the report, and said a vote on a bailout could come the week of Dec. 8.Yes, we're kicking the can down the road, because that will give us the opportunity to do something positive, Reid said. But that will only happen if they get their act together.The White House criticized the delay, saying the plan to let the automakers tap the fuel-efficiency loans for their short-term cash needs should be considered.
If there are lawmakers who want to help the automakers, and they have a path to do so, why are they going to kick the can down the road? said Dana Perino, the White House press secretary.The chief executives of the Big Three automakers appealed personally to lawmakers for the loans this week, saying their problem was the economic meltdown that has walloped their industry — not that they were manufacturing unappealing cars.But whatever support they found sagged when it became known that each of them had flown into Washington aboard multimillion-dollar corporate jets. Reid observed that was difficult to explain to taxpayers in his hometown of Searchlight, Nev.Pelosi said she had little patience left for excuses from the carmakers on why they haven't turned their businesses around.Beyond the auto industry, lawmakers said the public has little appetite for anything else that smacks of a bailout, following the backlash against the $700 billion financial rescue. There is a sense that we did not do a good enough job of safeguarding the use of those funds, or providing prevention against abuse. And you could not get, I believe, through either house of Congress today what some people might think was a repeat. That's why we need to take time, said Rep. Barney Frank, D-Mass. Even if lawmakers return to vote, they are likely to insist on numerous conditions on any loans. Democrats and Republicans alike want the government to get a chance to share in future profits by the auto companies, require them to limit executives' pay packages and prohibit use of the funds for lobbying or paying shareholders dividends. In scrapping plans for a vote this week, the Democratic leaders sidetracked a bipartisan agreement to temporarily divert the fuel-efficiency funds to cover the auto companies' operations. Sen. Carl Levin, D-Mich., said that plan had a reasonable chance of passing, and that the leaders' decision to delay it was risky and unnecessary.We need speed. This is a very, very important moment, Levin said. Indeed, the Democratic Congress — having just expanded its majorities in this month's elections — was under immense pressure to show it could govern in a difficult situation. I can't imagine a scenario where they wouldn't come back, unless the answer is that they just don't care. And if that's the case, then the American people ought to know that, Perino said.
The leaders of the Big Three automakers have painted a grim picture of their financial position. They burned through nearly $18 billion in cash reserves during the last quarter — about $7 billion at GM, almost $8 billion at Ford and $3 billion at Chrysler. GM and Chrysler have said they could collapse in weeks. The stakes are high. The Detroit automakers employ nearly a quarter-million workers, and more than 730,000 other workers produce materials and parts that go into cars. About 1 million more people work in dealerships nationwide. If just one of the automakers declared bankruptcy, some estimates put U.S. job losses next year as high as 2.5 million. Associated Press writers Ken Thomas, David Espo, Andrew Taylor and Jennifer Loven contributed to this report.
Russia's Micex Falls to Near Lowest Since 2004; Lukoil Tumbles
By William Mauldin
Nov. 20 (Bloomberg) -- Russia's Micex Index declined to near the lowest in four years as equities worldwide tumbled and crude oil dropped for a fifth day. OAO Rosneft and OAO Lukoil, Russia's biggest oil producers, led the slide with declines of more than 7 percent. The Micex Stock Exchange halted trading for an hour at 11:05 a.m. The 30-stock Micex Index sank 8.1 percent to 512.96 at 12:07 p.m.. It earlier fell 9.1 percent to 507.17, nearing the intraday low of 493.62 on Oct. 28, when the gauge sank to a level not seen since 2004. Today's drop was the biggest fluctuation among more than 80 benchmarks Bloomberg tracks worldwide. Crude oil for December delivery decreased 2.1 percent to $52.50 a barrel in after-hours trading in New York, the lowest in almost 22 months. Russia's Urals blend dropped to $47.03 a barrel. The MSCI Emerging Markets Index slipped 4.4 percent. U.S. stock indexes yesterday fell to their lowest levels since 2003, and European and Asian equities today sank. Apart from global bearish sentiment about growth, the specific concern here is if the oil price continues to drop down, said Kevin Dougherty, portfolio manager at Pharos Financial Group in Moscow. It's a fairly bleak outlook with oil at $50 a barrel or below.The dollar-denominated RTS Index lost 5.4 percent to 573.31. The Russian Depositary Index, a gauge of Russian global depositary receipts trading in London, fell 9.2 percent. Rosneft, Russia's biggest oil producer, retreated 6.77 rubles, or 7.9 percent, to 79.40 rubles on the Micex, a record low. OAO Lukoil, the second-biggest producer, lost 8.5 percent to 760 rubles, its first decline in two days.
Sberbank Drops
The yield on Russia's benchmark 30-year dollar bond climbed 21 basis points to 11.71 percent, the highest this month. Shares of OAO Sberbank, Russia's biggest bank, tumbled 9.3 percent to 22.21 rubles. President Dmitry Medvedev is scheduled to meet with owners and top managers of Russia's biggest corporations today to discuss the financial crisis, Vedomosti reported. Medvedev invited business leaders including OAO Gazprom Chief Executive Officer Alexei Miller, Interros Holding Co.'s owner Vladimir Potanin and Mikhail Fridman, the biggest shareholder in Alfa Group to dinner at his Barvikha residence outside Moscow, the newspaper reported, citing presidential spokeswoman Natalya Timakova. To contact the reporter on this story: William Mauldin in Moscow at wmauldin1@bloomberg.net.
Spain's Repsol SA partners with Husky, Petro-Canada to explore offshore N.L.
Tuesday, November 18, 2008 | 2:37 PM ETCanadian Press: THE CANADIAN PRESS
MADRID - Spanish oil and gas producer Repsol SA has bought exploration rights off the shores of Newfoundland and Labrador, partnering with two big Canadian names that are already active on the East Coast.Repsol said in a statement Tuesday it bought minority interests in three exploration blocks spread over nearly 4,000 square kilometres, which drew bids totalling more than $29 million.The first is a 1,382-square-kilometre block in the Central Ridge/Flemish Pass area, in which Repsol will have a 20 per cent stake and Petro-Canada (TSX:PCA) and Husky Energy Inc. (TSX:HSE) will each have a 40 per cent interest. The bid for that parcel was worth $18.6 million.Repsol will also have a 33 per cent stake in another 1,342-square kilometre block in that area, with Husky holding the rest. The companies bid $1.2 million for that lease.Repsol and Husky will also explore a 1,213-square-kilometre area in the Jeanne D'Arc Basin, for which the partners paid $9.5 million.In a statement, Respsol said the exploration rights will allow the firm to press ahead with its plans to increase oil and gas finds and production in OECD countries.Calgary-based Husky has been active on the East Coast for more than 20 years, focused mainly on the Jeanne D'Arc Basin. It has interests in the Terra Nova and White Rose oil fields.Petro-Canada, also based in Calgary, is the operator of Terra Nova and a partner in the White Rose, Hibernia and Hebron oil fields.In its other Canadian operations, Repsol plans to build a liquefied natural gas terminal in New Brunswick with Irving Oil Ltd.
The Newfoundland and Labrador Offshore Petroleum Board said on Monday the province brought in close to $130 million in its latest auction, with Petro-Canada and Norway's Statoil Hydro committing to spend $82 million on a block in the Jeanne D'Arc Basin.These are serious bids by established exploration and producing companies interested in exploring the Jeanne d'Arc Basin and Central Ridge/Flemish Pass and it shows industry's continued interest in our offshore region, Natural Resources Minister Kathy Dunderdale said in a statement Tuesday.We are delighted with the results and we will continue our ongoing efforts to market Newfoundland and Labrador's offshore in major oil and gas centres around the world.
No relief seen in global economic crisis
Thu Nov 20, 7:02 PM By Jackie Frank
WASHINGTON (Reuters) - The global economy saw more signs of distress on Thursday with U.S. stocks plunging for a second consecutive day, oil prices falling, a surprise rate cut in Switzerland, export woes in Japan and rescue loans to Turkey and Iceland.Wall Street was hostage to the rapidly changing news of a possible rescue for the U.S. auto industry, with the stock market rising on news of a tentative bipartisan deal in Congress for a $25 billion package for Detroit and then falling to new lows when the deal ran into trouble.Automakers held out hope. After the end of the trading day, the White House announced it could back a compromise plan pushed by Michigan senators to help by using $25 billion in Energy Department loans for greener cars, and urged Congress to act quickly. U.S. automakers said they will meet Democratic demands to offer a plan to return to profitability, and lawmakers said it could be considered the week of December 8.In more bad news for the battered U.S. economy, the number of U.S. workers on jobless rolls surged to the highest in a quarter century, prompting Congress to extend benefits for the long-term unemployed.Oil prices plummeted below $50 a barrel for the first time since 2005as investors anticipate a long global recession will slash demand.
I think this is going to be not only a deep recession, at least in the next couple of quarters, but also a long recession, said Conrad DeQuadros, senior economist at RDQ Economics in New York.All three major U.S. stock indexes made broad swings, ending sharply lower due to deepening economic fears and investors' flight from risk. The Standard & Poor's 500 slid 6.71 percent to close at 752.44, its lowest since 1997. The Dow Jones industrial average slid 5.6 percent to close at 7,552.29 and the Nasdaq Composite Index fell 5 percent to end at 1,316.12.World stocks tumbled to 5-1/2-year lows with volatile emerging market equities down 5.16 percent. An index of European shares fell 3.8 percent and Japanese stocks plunged nearly 7 percent.Investors sought shelter in safe assets such as U.S. Treasury bonds, and the U.S. dollar slumped versus the yen, but both rose against the euro.The dramatic slowdown in the world economy prompted Switzerland's central bank to make a surprising interest-rate cut of 1 full percentage point, its third in six weeks and the largest since it adopted its current system in 2000.Analysts said the weak U.S. labor market almost guaranteed that the Federal Reserve will cut its benchmark rate from the current 1 percent at its next meeting on December 15-16.Despite reports that Saudi Prince Alwaleed bin Talal planned to boost his stake in Citigroup back to 5 percent, the U.S. financial services giant's stock fell 26 percent to 1994 levels due to serious concern about its very survival.How many times is one going to take a beating before realizing the market isn't going to bounce? said Andrew Kanaly, chairman of Kanaly Trust Company in Houston. The decline in the oil prices is a barometer of more economic sliding globally.In what would normally be a good sign for consumers but now signals weaker global growth, U.S. crude futures plunged 9.5 percent, falling as low as $48.50 a barrel to a 3-1/2 year low on expectations that a stalling economy would mean falling demand.
JOB LOSSES, LONG DOWNTURN
A government report showed the number of workers filing new claims for jobless benefits last week surged to the highest in 16 years. More than 4 million Americans were receiving jobless benefits in the week ended November 8, the highest since December 1982.To give troubled U.S. mortgage borrowers some relief, Fannie Mae and Freddie Mac, the largest U.S. home loan finance companies, announced a hiatus in foreclosures of occupied homes until January 9 while easier borrowing terms are worked out.Leading economies will likely be in recession for around a year, a Reuters poll of around 250 economists showed. The survey across the Group of Seven nations showed economies faced recession for as much as five quarters.All developed economies will contract in 2009. It's the worst we have had in a century. But to say it's going to look like 1929 again for all these economies is a bit excessive, it's too pessimistic, said Marco Annunziata, chief economist at UniCredit in London.The Federal Reserve said on Wednesday the U.S. economy would contract through the first half of 2009.No end in sight, ING economists said in a note on Thursday, a sentiment widely shared by investors.Analysts said now the fear may be for a deadly economic problem: deflation, marked by steadily falling prices and economic stagnation.Once you get into a period of deflation, it's important to get the economy turned around as soon as possible, said Lyle Gramley, a former Fed governor who is now an analyst with the Stanford Group in Washington.The Philadelphia Federal Reserve's monthly business survey said a key component of inflation, the prices paid index, fell to its lowest level since the survey started in 1968.
IMF TO THE RESCUE?
Trade and foreign ministers of Pacific Rim nations meeting in Lima on Thursday called for new free trade deals as a way out of the worldwide crisis. They will recommend the summit of leaders of the Asia-Pacific Economic Cooperation trade group, which includes the United States and China, avoid raising tariffs and deepen economic cooperation.Japan's exports to Asia fell in October for the first time since 2002, suggesting the fallout from the credit crisis has spread to neighbors such as China.With investors looking increasingly to governments and other authorities to stop the rot, the IMF moved to prop up both Iceland and Turkey. It approved a $2.1 billion loan for Iceland, battered by a severe banking crisis, as part of a $10.2 billion package. Sources in Turkey told Reuters the IMF was ready to approve a precautionary standby agreement of $20 billion to $40 billion.(Additional reporting by Richard Cowan, Tabassum Zakaria and Reuters bureaux worldwide; Editing by Jan Paschal)
Latvia follows Hungary in seeking aid from IMF
LUCIA KUBOSOVA Today NOV 21,08 @ 09:28 CET
Latvia has become the second European Union member state forced to seek emergency aid from the International Monetary Fund (IMF) as well as from the EU's own coffers.
The move by Riga comes after much speculation by analysts that the Baltic countries and other post-Communist states that joined the EU in 2004 would follow Hungary in needing an external capital boost to weather the financial crisis.We have decided to start official talks with the European Commission and the IMF about funding to stabilise the economy, Prime Minister Ivars Godmanis told reporters.The Baltic country has seen a sharp economic slowdown this year, with a contraction of 4.3 percent in the third quarter, breaking its previous record of being one of the fastest growing economies in the EU.The financial crisis has made it hard for Latvia to obtain funds in its attempts to counterbalance its large current account deficit.
The government has been forced to take over the country's second largest bank of Parex and offer millions of euro as guarantees to its creditors.Riga has also denied rumours that the country may need to devaluate its national currency lats, pegged to the euro as part of the European Exchange Rate Mechanism (ERMII) since May 2005.
After Latvia's call for international help, analysts suggest there will now be continuing close observation of the other Baltic States and also Romania and Bulgaria.Since the crisis broke, the IMF has so far provided €20 billion in a bail-out to Hungary, as well as a €1.7 billion loan to Iceland, plus a pair of programmes for Serbia (a preliminary deal worth €413 million) and Pakistan (€6 billion).On Thursday (20 November), the Turkish Prime Minister, Recep Tayyip Erdogan, said that he was hopeful for a deal with the IMF on a rescue package by next week, with officials suggesting that a loan between €16 billion and €32 billion was likely.The Washington-based IMF has warned that with the growing number of calls for emergency capital, the fund's reserves - €160 billion plus an extra €40 billion if needed - may dry up at some point.Last week's G20 summit of most industrialised and developing countries did not agree to topping up the package, with only Japan pledging an additional €80 billion.
Lisbon treaty storms through Swedish parliament
PHILIPPA RUNNER Today NOV 21,08 @ 08:03 CET
The Swedish parliament late on Thursday (20 November) adopted the Lisbon treaty by a sweeping majority, becoming the 23rd EU country to ratify the text.The treaty was passed by 243 votes against 39 at 23:30 local time, with 13 abstentions and 54 deputies absent from the 349-seat legislature, the Riksdag.The old town in Stockholm (Photo: wikipedia)The opposition Left Party and Green Party had tried to build a 48-vote blocking minority to put off ratification for one year. But the four parties in the centre-right government coalition and the main Social Democrat opposition party pushed through the EU document.The long debate, which started at noon and saw 36 members take the floor, concentrated on Sweden's collective labour agreements and transfer of sovereignty.Why can't Sweden ask for a legally-binding exemption for the collective bargaining model? Left Party deputy Hans Linde asked, Swedish daily Aftonbladet reports.This is by far the biggest shift in power since we joined the EU, he added, comparing the Lisbon text - which patched together bits of the defunct EU constitution - to Frankenstein's Monster.Sometimes, people must follow what they believe is right. Today, I cannot follow the moderate line, government coalition Moderate Party rebel Anne-Marie Palsson said.Swedish collective labour agreements - in which workers' groups agree pay with employers - came to the fore in a European Court of Justice verdict in 2007. The court ruled in favour of Latvian company Laval in a case concerning the town of Vaxholm, clearing the way for cheap eastern European labour to enter the Nordic country. This issue has nothing to do with the Lisbon treaty, Moderate Party member Goran Lennmaker said, according to Svenska Dagbladet.
[The treaty] means that the EU will go some way towards being more democratic and transparent, Social Democrat deputy Sven-Erik Osterberg added, referring to Lisbon-envisaged plans to give more law-making powers to the European Parliament.Sweden is one of the countries that would lose most of the influence if the Lisbon treaty is not adopted, Swedish EU minister Cecilia Malmstrom said, pointing out that Sweden will lose seats in the European legislature under the existing Nice treaty.
Final four
The Swedish result comes after Ireland voted No to Lisbon in a referendum in June. A small crowd of anti-Lisbon campaigners protested outside the Swedish embassy in Dublin on Thursday, saying the Irish government should have told Sweden the treaty is dead.The Czech Republic is awaiting a constitutional court verdict on 25 November before resuming parliamentary ratification. A German constitutional court verdict is expected in early 2009.The Polish president has refused to sign off on the treaty unless Ireland overturns its No.
EU DICTATOR (WORLD LEADER)
REVELATION 17:12-13
12 And the ten horns (NATIONS) which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.
13 These have one mind, and shall give their power and strength unto the beast.
REVELATION 6:1-2
1 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.
2 And I saw, and behold a white horse:(PEACE) and he that sat on him had a bow;(EU DICTATOR) and a crown was given unto him:(PRESIDENT OF THE EU) and he went forth conquering, and to conquer.(MILITARY GENIUS)
REVELATION 13:1-10
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.(THE EU AND ITS DICTATOR IS GODLESS)
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.(DICTATOR COMES FROM NEW AGE OR OCCULT)
3 And I saw one of his heads as it were wounded to death;(MURDERERD) and his deadly wound was healed:(COMES BACK TO LIFE) and all the world wondered after the beast.(THE WORLD THINKS ITS GOD IN THE FLESH, MESSIAH TO ISRAEL)
4 And they worshipped the dragon (SATAN) which gave power unto the beast:(JEWISH EU DICTATOR) and they worshipped the beast, saying, Who is like unto the beast? who is able to make war with him?(FALSE RESURRECTION,SATAN BRINGS HIM TO LIFE)
5 And there was given unto him a mouth speaking great things and blasphemies; and power was given unto him to continue forty and two months.(GIVEN WORLD CONTROL FOR 3 1/2YRS)
6 And he opened his mouth in blasphemy against God,(HES A GOD HATER) to blaspheme his name, and his tabernacle, and them that dwell in heaven.(HES A LIBERAL OR DEMOCRAT,WILL PUT ANYTHING ABOUT GOD DOWN)
7 And it was given unto him to make war with the saints,(BEHEAD THEM) and to overcome them: and power was given him over all kindreds, and tongues, and nations.(WORLD DOMINATION)
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.(WORLD DICTATOR)
9 If any man have an ear, let him hear.
10 He that leadeth into captivity shall go into captivity: he that killeth with the sword must be killed with the sword. Here is the patience and the faith of the saints.(SAVED CHRISTIANS AND JEWS DIE FOR THEIR FAITH AT THIS TIME,NOW WE ARE SAVED BY GRACE BUT DURING THE 7 YEARS OF HELL ON EARTH, PEOPLE WILL BE PUT TO DEATH (BEHEADINGS) FOR THEIR BELIEF IN GOD (JESUS) OR THE BIBLE.
THE WEEK OF DANIEL 9:27 WE KNOW ITS 7 YRS
Heres the scripture 1 week = 7 yrs Genesis 29:27-29
27 Fulfil her week, and we will give thee this also for the service which thou shalt serve with me yet seven other years.
28 And Jacob did so, and fulfilled her week: and he gave him Rachel his daughter to wife also.
29 And Laban gave to Rachel his daughter Bilhah his handmaid to be her maid.
DANIEL 9:26-27
26 And after threescore and two weeks shall Messiah be cut off, but not for himself: and the people of the prince that shall come (ROMANS IN AD 70) shall destroy the city and the sanctuary;(ROMANS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.
27 And he( EU ROMAN, JEWISH DICTATOR) shall confirm the covenant with many for one week:( 7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,( 3 1/2 YRS) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.
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.
OH WOW THIS IS THE FALSE DECEPTION SAYIN THE EU WILL BE USELESS BY 2025,GOOD LUCK MY BIBLE SAYS THEY WILL CONTROL ALL THE WORLD. LET GOD (KING JESUS)BE TRUTH AND EVERY MAN A LIAR.
Europe a hobbled giant by 2025, predicts US intelligence report
LEIGH PHILLIPS Today NOV 21,08 @ 10:25 CET
EUOBSERVER / BRUSSELS - By 2025, the European Union will be a hobbled giant crippled by internal bickering and a eurosceptic citizenry. Eastern European organised crime could dominate one or more member state governments, and the bloc will likely be kowtowing to Moscow after having failed at all attempts to wean itself from Russian energy supplies.This is the rosy view for Europe's future mapped out by the United States National Intelligence Council (NIC), Washington's main intelligence body. This agency of agencies, formed in 1979, brings together analysis from each of America's multiple intelligence organisations to develop mid- to long-term strategic thinking for the country's security community.Every four years, the NIC peers into its crystal ball and produces a global trends review - a prediction of what the world will look like in around 15 years' time.This year's report, Global Trends 2025: A World Transformed, foresees the EU in 2025 as likely having completed its institutional reforms and consolidated itself as a political entity, but infighting between member states with competing domestic interests and a European public alienated by a perceived democratic deficit will leave it a hobbled giant, with massive economic heft but little genuine international power.Europe by 2025 will have made slow progress toward achieving the vision of current leaders and elites: a cohesive, integrated, and influential global actor, it begins optimistically, while declaring that the EU will at the same time not be a major military player.However, it goes on to warn: The European Union would need to resolve a perceived democracy gap dividing Brussels from European voters and move past the protracted debate about its institutional structures.Continued failure to convince sceptical publics of the benefits of deeper economic, political, and social integration ... could leave the EU a hobbled giant distracted by internal bickering and competing national agendas, and less able to translate its economic clout into global influence, worry the authors of the report.
The trends report also envisages Europe's public services and welfare system threatened by the expense of paying for retiring baby-boomers.The drop-off in working-age populations will prove a severe test for Europe's social welfare model, a foundation stone of Western Europe's political cohesion since World War II.Aging populations will force more dramatic changes when Europe hits a crisis point in trying to fix its demographic deficit, with the report diagnosing cutbacks to healthcare and pensions as the only solution. The document goes on to say that integrating immigrants, particularly from Muslim backgrounds will become an acute challenge in a difficult economic climate and frets about Europeans resort[ing] to narrow nationalism ... as happened in the past.Moreover, the question of Turkey's ultimate EU membership will be a test of Europe's outward focus between now and 2025. Increasing doubts about Turkey's chances are likely to slow its implementation of political and human rights reforms.Any outright rejection risks wider repercussions, reinforcing arguments in the Muslim world - including among Europe's Muslim minorities - about the incompatibility of the West and Islam.
Organised crime
All the bloc's efforts to diversify its sources of energy, away from Russia. will likely amount to little.Europe will remain heavily dependent on Russia for energy in 2025, despite efforts to promote energy efficiency and renewable energy and lower greenhouse gas emissions.This continued dependence will foster constant attentiveness to Moscow's interests by key countries, including Germany and Italy, who see Russia as a reliable supplier and could endanger the union if Russian firms are unable to full fill contract commitments because of underinvestment in their natural gas fields or if growing corruption and organised criminal involvement in the Eurasian energy sector spill over to infect Western business interests.Indeed, organised crime is the dark heart of this European dystopia, with the report describing the already substantial problem as the continent's largest concern.Crime could be the gravest threat inside Europe as Eurasian transnational organisations - flush from involvement in energy and mineral concerns - become more powerful and broaden their scope.Peering into the abyss, the report even foresees the takeover of a member state by such forces.One or more governments in eastern or central Europe could fall prey to their domination, the authors believe.
DISEASES
REVELATION 6:7-8
7 And when he had opened the fourth seal, I heard the voice of the fourth beast say, Come and see.
8 And I looked, and behold a pale horse:(CHLORES GREEN) and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth, to kill with sword,(WEAPONS) and with hunger,(FAMINE) and with death,(INCURABLE DISEASES) and with the beasts of the earth.(ANIMAL TO HUMAN DISEASE).
US ambassador says 294 dead from cholera in Zimbabwe Thu Nov 20, 12:06 pm ET
WASHINGTON (AFP) – The US ambassador to Harare, James McGee, said Thursday that a total of 294 people have been confirmed dead from cholera in Zimbabwe, amid some 1,200 cases of the water-borne disease.The water situation, sanitation situation has gone through the ceiling, McGee told reporters in Washington via a satellite hookup from Harare.There are over 1,200 confirmed cases of cholera and another 2,500 unconfirmed cases of cholera, McGee said, adding that the death toll had risen to 294, which is higher than the official toll.Officials in Harare said the outbreak of cholera in Zimbabwe over the last month has now claimed at least 90 lives, including three deaths of Zimbabweans across the border in South Africa.At least 37 people have died in Beitbridge, a town on the border with South Africa, Health Minister David Parirenyatwa said on national radio.Three Zimbabweans have died across the border in the South African town of Musina, officials there said.Another 37 people have died in the capital Harare, while a new outbreak in the central town of Gweru has killed 13 people, state media said Thursday.Doctors Without Borders warned on Tuesday that 1.4 million people are at risk of the disease in Harare alone, and cases of cholera have been detected as far away as Durban, on South Africa's southeastern coast.
Bush hosts Olmert for likely final talks by Olivier Knox Olivier Knox – Thu Nov 20, 3:54 pm ET
WASHINGTON (AFP) – US President George W. Bush will host Israeli Prime Minister Ehud Olmert on Monday, likely their final talks weeks before both leaders leave office without achieving a Middle East peace deal.The talks, billed in Washington as a stock-taking with no major announcement expected, are also due to focus on Iran's suspect nuclear program, as well as relations with Syria, and the global economic crisis, US officials said.The meeting is likely to be their last face-to-face exchange before Bush, who had once hoped to seal an Israeli-Palestinian deal in 2008, hands president-elect Barack Obama the keys to the White House on January 20.
After three years of working with Bush to solve the six-decade old conflict between Israelis and Palestinians, Olmert resigned September 21 amid corruption charges and will helm a caretaker government until February 10 elections.The two leaders will discuss the state of Middle East peace efforts almost exactly one year after a US conference in Annapolis, Maryland, restarted stalled talks with an eye on a peace deal by late 2008, the White House said.They will focus on the strong bilateral relationship between our two countries, the continuing efforts to bring peace to the Middle East and a wide range of regional and international issues, said Bush spokeswoman Dana Perino.Asked whether Iran and Syria were also on the menu, US National Security spokesman Gordon Johndroe replied: They always talk about regional security issues.A senior US official, who requested anonymity, described the meeting as chiefly a stock-taking effort from which no major announcement should be expected.
Olmert will meet Monday with US Vice President Dick Cheney, a Cheney spokeswoman said, and was expected to see other top US officials and perhaps aides to the US president-elect. The Israeli embassy declined comment.Olmert's successor at the helm of the governing Kadima party, Foreign Minister Tzipi Livni, failed to form a governing coalition.The Bush administration blamed Israeli political turmoil earlier this month as it all but ruled out a peace deal in 2008 to pave the way for an independent Palestinian state living side-by-side at peace with Israel.But even before that, revived peace efforts had yet to resolve any major core disputes, and progress seemed difficult in the face of the Palestinian rift pitting president Mahmoud Abbas's Fatah against the Islamists of Hamas.Hamas has controlled Gaza since seizing control in June 2007, while Abbas has controlled the West Bank from his headquarters in Ramallah.Aides to Bush, the first sitting US president to call for the Palestinians to have their own independent state, say he will leave behind a solid basis for future peace efforts.Obama telephoned Abbas on Tuesday and vowed to continue pushing forward with the negotiations, a sign he will give the Israeli-Palestinian peace talks high priority, top Palestinian negotiator Saeb Erakat told AFP.And Israeli President Shimon Peres said Tuesday he felt confident about the prospects for a Middle East peace deal next year in the wake of Obama's resounding November 4 election victory.
Observers are closely watching Obama's choices for US secretaries of state and defense for signs of how he will proceed with Middle East peace while managing the wars in Iraq and Afghanistan.Israeli officials are also watching how Obama will take on Iran, after a campaign in which he said he might ramp up Washington's diplomatic engagement with Tehran in his first year in office. Obama has an opportunity to make a much greater contribution than just injecting more vigor, urgency, and activity into the process, said Middle East expert Robert Satloff. Satloff said Obama's natural skills and unique international standing might best be used to bring about Arab acceptance of Israel as a Jewish state and an end to all state-supported incitement against Jews. This is the critical missing ingredient in peacemaking, he said.
Jordan king meets Abbas after secret Israeli talks Thu Nov 20, 1:11 pm ET
AMMAN (AFP) – Jordan's King Abdullah II held talks on Thursday with Palestinian president Mahmud Abbas two days after Israeli leaders made a clandestine visit to the kingdom, a senior Jordanian official said.The king and Abbas, who met at the kingdom's southern Red Sea resort of Aqaba, discussed means of pushing ahead with peace negotiations with Israel on the basis of a two-state solution, the palace said.
Israeli public radio reported on Thursday that Prime Minister Ehud Olmert and Defence Minister Ehud Barak made a secret visit to Jordan on Tuesday and met the king. The palace declined to comment on these talks.A senior government official told AFP in Amman that the king told Olmert and Barak about the need to stop all unilateral measures in the West Bank and in Gaza.The king also told the Israeli leaders not to launch military operations because such measures will prevent the achievement of peace, the official said, on condition of anonymity.The Israeli radio report, citing a senior Israeli official, said that during Tuesday's meeting the Jordanian monarch urged the Israeli leaders to refrain from launching a large-scale military operation in the Gaza Strip.The radio said the king took the initiative to seek to avoid a confrontation that might also cause trouble in his country, home to many Palestinians.Israel cannot enjoy peace... unless the Palestinians obtain security and their own state, the king reportedly told the Israeli leaders.King Abdullah II asked Olmert to deal seriously with the Palestinians in the negotiations in order to achieve a two-state solution, he added.Olmert's press secretary declined to comment on the report when contacted by AFP in Jerusalem.The King told Abbas that achieving peace with the Palestinians will pave the way for a comprehensive regional peace, a palace statement said.Imposing more restraints on the Palestinians and increasing their suffering will create more tension.The two leaders agreed that Palestinian-Israeli peace talks should continue and Israel should take immediate measures to end the suffering of the Palestinians, the statement added.Israel has imposed a blockade on the Gaza Strip since the Islamist Palestinian movement Hamas took power there violently in June 2007. Control was tightened on November 5 with all crossings closed following a resurgence of violence and Palestinian rocket attacks on southern Israel.At least 1,000 people demonstrated in Amman on Wednesday against the Israeli blockade on Gaza.
MUSLIM NATIONS
EZEKIEL 38:1-12
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog,(RULER) the land of Magog,(RUSSIA) the chief prince of Meshech(MOSCOW)and Tubal,(TOBOLSK) and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech(MOSCOW) and Tubal:
4 And I will turn thee back, and put hooks into thy jaws,(GOD FORCES THE RUSSIA-MUSLIMS TO MARCH) and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY)of the north quarters, and all his bands:(SUDAN,AFRICA) and many people with thee.
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.(RUSSIA-EGYPT AND MUSLIMS)
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
ISAIAH 17:1
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.
PSALMS 83:3-7
3 They (ARABS,MUSLIMS) have taken crafty counsel against thy people,(ISRAEL) and consulted against thy hidden ones.
4 They have said, Come, and let us cut them off from being a nation; that the name of Israel may be no more in remembrance.
5 For they have consulted together with one consent: they are confederate against thee:(TREATIES)
6 The tabernacles of Edom,and the Ishmaelites;(ARABS) of Moab, and the Hagarenes;
7 Gebal, and Ammon,(JORDAN) and Amalek;(SYRIA) the Philistines (PALESTINIANS) with the inhabitants of Tyre;(LEBANON)
EZEKIEL 39:1-8
1 Therefore, thou son of man, prophesy against Gog,(LEADER OF RUSSIA) and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech (MOSCOW) and Tubal: (TUBOLSK)
2 And I will turn thee back, and leave but the sixth part of thee, and will cause thee to come up from the north parts,(RUSSIA) and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou, and all thy bands,( ARABS) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire on Magog,(NUCLEAR BOMB) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.
JOEL 2:3,20,30-31
3 A fire(NUCLEAR BOMB) devoureth before them;(RUSSIA-ARABS) and behind them a flame burneth: the land is as the garden of Eden before them, and behind them a desolate wilderness; yea, and nothing shall escape them.
20 But I will remove far off from you the northern army,(RUSSIA,MUSLIMS) and will drive him into a land barren and desolate, with his face toward the east sea, and his hinder part toward the utmost sea, and his stink shall come up, and his ill savour shall come up, because he hath done great things.(SIBERIAN DESERT)
30 And I will shew wonders in the heavens and in the earth, blood, and fire, and pillars of smoke.(NUCLEAR BOMB)
31 The sun shall be turned into darkness, and the moon into blood, before the great and the terrible day of the LORD come.
Thursday, Nov. 20, 2008 Putin grabs spotlight, vows Russia will thrive
By STEVE GUTTERMAN - Associated Press Writer
MOSCOW -- Russian Prime Minister Vladimir Putin used a meeting of his powerful political party to take center stage Thursday, casting himself as an indispensable leader even as the global financial meltdown threatens the achievements of his boom-time presidency.At the first congress of his United Russia party since May, when Dmitry Medvedev succeeded him as Russia's president, Putin eclipsed his protege with a rousing speech to party faithful in a massive atrium off Red Square.He acknowledged that Russia could not escape the effects of the international economic turmoil, but said it was well insulated by the riches accrued during his eight-year presidency. He also expressed confidence Russia would do more than just weather the storm.
Ivan Sekretarev
AP Photo - People walk by an exchange booth in downtown Moscow, Russia, Thursday, Nov. 20, 2008. Russian Prime Minister Vladimir Putin promised Thursday the country would emerge stronger from a world economic crisis he said was triggered by U.S. recklessness.
Alexander Zemlianichenko
AP Photo - Russian Prime Minister and chairman of the United Russia ruling party Vladimir Putin, front, gestures as he addresses the tenth United Russia Party Congress in Moscow, Thursday, Nov. 20, 2008. Russia's Prime Minister Putin on Wednesday said that Russia would come out stronger of the crisis triggered by the global financial system and the United States' recklessness.
Alexander Zemlianichenko
AP Photo - Russian Prime Minister and chairman of the United Russia ruling party Vladimir Putin, front, gestures as he addresses the tenth United Russia Party Congress in Moscow, Thursday, Nov. 20, 2008. Russia's Prime Minister Putin on Wednesday said that Russia would come out stronger of the crisis triggered by the global financial system and the United States' recklessness.
Ivan Sekretarev
AP Photo - People walk in a street, with an exchange rate board in the foreground, in downtown Moscow, Russia, Thursday, Nov. 20, 2008. Russian Prime Minister Vladimir Putin promised Thursday the country would emerge stronger from a world economic crisis he said was triggered by U.S. recklessness.
Alexander Zemlianichenko
AP Photo - Russian Prime Minister and chairman of the United Russia ruling party Vladimir Putin, front, gestures as he addresses the tenth United Russia Party Congress in Moscow, Thursday, Nov. 20, 2008. Russia's Prime Minister Putin on Wednesday said that Russia would come out stronger of the crisis triggered by the global financial system and the United States' recklessness.
Alexander Zemlianichenko
AP Photo - Russian Prime Minister and chairman of the United Russia ruling party Vladimir Putin, front, gestures as he addresses the tenth United Russia Party Congress in Moscow, Thursday, Nov. 20, 2008. Russia's Prime Minister Putin on Wednesday said that Russia would come out stronger of the crisis triggered by the global financial system and the United States' recklessness.
Ivan Sekretarev
AP Photo - Employees are seen at the Moscow Interbank Currency Exchange, or MICEX, in Moscow, Thursday, Nov. 20, 2008. Russian Prime Minister Vladimir Putin promised Thursday the country would emerge stronger from a world economic crisis he said had been triggered by U.S. recklessness.
Ivan Sekretarev
AP Photo - A Russian woman walks after exchanging money at a money exchange booth in downtown Moscow, Russia, Thursday, Nov. 20, 2008. Russian Prime Minister Vladimir Putin promised Thursday the country would emerge stronger from a world economic crisis he said was triggered by U.S. recklessness.
We can and must come out of the global instability stronger and more competitive, Putin said.Amid speculation he could seek a return to the presidency soon, Putin sought to assure Russians that - far from plotting his political future - he is hard at work to shelter them from a crisis thrust upon Russia from the outside.Once again, Putin cast the U.S. as the chief culprit in the woes of Russia and the world, saying that cheap-money doping and mortgage troubles in the United States brought on the crisis.Putin asserted that Russia's economic troubles would not mean a retreat from the ambitious plans he has laid out for the coming dozen years.We are here today to say how, in the conditions of a world financial crisis, we are going to achieve the resolution of our strategic tasks, Putin said. Our main, unconditional task is improving people's lives.Putin came up with an array of tax breaks to bolster the economy and called for increased unemployment benefits. Still he said currency reserves accumulated during the oil boom will ensure the stability of the Russian budget system for the coming years, with no dependence on world oil prices or traditional export goods.The party congress came a day before the lower parliament house, dominated by United Russia, is expected to give its final approval to a Kremlin initiative to lengthen future presidential terms from four years to six. The move is widely seen as tailored to Putin, who was constitutionally barred from seeking a third straight term but can run in the next presidential election, scheduled for 2012.The push to enact the constitutional change just months after Medvedev's election has sparked speculation that it could be used to cut his term short and usher Putin back into the Kremlin much sooner. There has also been talk that Putin could step down as prime minister to avoid flak over the worsening economy.The message from the United Russia congress was the opposite: that Putin is eagerly and competently doing his job as prime minister.But with its broad scope and attention to detail, Putin's performance appeared aimed to portray him as the best hope for a country at a tough time. Putin's 45-minute speech dwarfed Medvedev's much shorter opening remarks. And while he spoke to an audience of party faithful, his seemed bent on reassuring everyday Russians that the nation - despite a severe credit crunch and falling ruble currency - is not headed for economic collapse.
Putin's speech was aimed directly at the general public, and the content was much more in keeping with that of a state of the nation address than Medvedev's own state of the nation address two weeks ago, said Chris Weafer, chief strategist at Moscow-based investment bank UralSib.Medvedev's address - his first - focused more on geopolitics.Weafer said Putin's upbeat speech was aimed to avert panic that could speed a more serious decline of Russia's economy.Russia's financial situation is still strong but the situation is deteriorating, Weafer said. If this trend continues, there could be a major economic crisis possibly in the first quarter of next year, with job losses and other effects, and this could create political problems for the government.Associated Press Writer Nataliya Vasilyeva contributed to this report.
Iran said to have enough nuclear fuel for one weapon
By William J. Broad and David E. Sanger Published: November 20, 2008
Iran has now produced roughly enough nuclear material to make, with added purification, a single atom bomb, according to nuclear experts analyzing the latest report from global atomic inspectors.The figures detailing Iran's progress were contained in a routine update on Wednesday from the International Atomic Energy Agency, which has been conducting inspections of the country's main nuclear plant at Natanz. The report concluded that as of early this month, Iran had made 630 kilograms, or about 1,390 pounds, of low-enriched uranium.Several experts said that was enough for a bomb, but they cautioned that the milestone was mostly symbolic, because Iran would have to take additional steps. Not only would it have to breach its international agreements and kick out the inspectors, but it would also have to further purify the fuel and put it into a warhead design — a technical advance that Western experts are unsure Iran has yet achieved.They clearly have enough material for a bomb, said Richard Garwin, a top nuclear physicist who helped invent the hydrogen bomb and has advised Washington for decades. They know how to do the enrichment. Whether they know how to design a bomb, well, that's another matter.Iran insists that it wants only to fuel reactors for nuclear power. But many Western nations, led by the United States, suspect that its real goal is to gain the ability to make nuclear weapons.Iran is said to have enough material for one nuclear weapon
While some Iranian officials have threatened to bar inspectors in the past, the country has made no such moves, and many experts inside the Bush administration and the IAEA believe it will avoid the risk of attempting nuclear breakout until it possessed a larger uranium supply.
Even so, for President-elect Barack Obama, the report underscores the magnitude of the problem that he will inherit Jan. 20: an Iranian nuclear program that has not only solved many technical problems of uranium enrichment, but that can also now credibly claim to possess enough material to make a weapon if negotiations with Europe and the United States break down.American intelligence agencies have said Iran could make a bomb between 2009 and 2015. A national intelligence estimate made public late last year concluded that around the end of 2003, after long effort, Iran had halted work on an actual weapon. But enriching uranium, and obtaining enough material to build a weapon, is considered the most difficult part of the process.
Siegfried Hecker of Stanford University and a former director of the Los Alamos weapons laboratory said the growing size of the Iranian stockpile underscored that they are marching down the path to developing the nuclear weapons option.In the report to its board, the atomic agency said Iran's main enrichment plant was now feeding uranium into about 3,800 centrifuges — machines that spin incredibly fast to enrich the element into nuclear fuel. That count is the same as in the agency's last quarterly report, in September. Iran began installing the centrifuges in early 2007. But the new report's total of 630 kilograms — an increase of about 150 — shows that Iran has been making progress in accumulating material to make nuclear fuel.That uranium has been enriched to the low levels needed to fuel a nuclear reactor. To further purify it to the highly enriched state needed to fuel a nuclear warhead, Iran would have to reconfigure its centrifuges and do a couple months of additional processing, nuclear experts said.They have a weapon's worth, Thomas Cochran, a senior scientist in the nuclear program of the Natural Resources Defense Council, a private group in Washington that tracks atomic arsenals, said in an interview.He said the amount was suitable for a relatively advanced implosion-type weapon like the one dropped on Nagasaki. Its core, he added, would be about the size of a grapefruit. He said a cruder design would require about twice as much weapon-grade fuel.It's a virtual milestone, Cochran said of Iran's stockpile. It is not an imminent threat, he added, because the further technical work to make fuel for a bomb would tip off inspectors, the United States and other powers about where they're going.The agency's report made no mention of the possible military implications of the size of Iran's stockpile. And some experts said the milestone was still months away. In an analysis of the IAEA report, the Institute for Science and International Security, a private group in Washington, estimated that Iran had not yet reached the mark but would within a few months. It added that other analysts estimated it might take as much as a year.Whatever the exact date, it added, Iran is progressing toward the ability to quickly make enough weapon-grade uranium for a warhead.Peter Zimmerman, a physicist and former United States government arms scientist, cautioned that the Iranian stockpile fell slightly short of what international officials conservatively estimate as the minimum threatening amount of nuclear fuel. They're very close, he said of the Iranians in an interview. If it isn't tomorrow, it's soon, probably a matter of months.In its report, the IAEA, which is based in Vienna, said Iran was working hard to roughly double its number of operating centrifuges.
A senior European diplomat close to the agency said Iran might have 6,000 centrifuges enriching uranium by the end of the year. The report also said Iran had said it intended to start installing another group of 3,000 centrifuges early next year.The atomic energy agency said Iran was continuing to evade questions about its suspected work on nuclear warheads. In a separate report released Wednesday, the agency said, as expected, that it had found ambiguous traces of uranium at a suspected Syrian reactor site bombed by Israel last year.While it cannot be excluded that the building in question was intended for non-nuclear use, the report said, the building's features along with the connectivity of the site to adequate pumping capacity of cooling water, are similar to what may be found in connection with a reactor site. Syria has said the uranium came from Israeli bombs.
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