GEITHNER TALKS WITH ARABS,MUSLIMS

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!

REVELATION 16:21
21 And there fell upon men a great hail out of heaven, every stone about the weight of a talent:(80-120 LBS) and men blasphemed God because of the plague of the hail; for the plague thereof was exceeding great.

Space invaders: Asteroid belt has rocks from afar Wed Jul 15, 3:43 pm ET

WASHINGTON – A new astronomy theory says the solar system's main asteroid belt is littered with icy invaders from far away.The so-called invaders are asteroids that seem more like primitive frozen comets than the baked rocks that make up the overwhelming majority of asteroids between Mars and Jupiter.A theory proposed by scientists in the journal Nature suggests the icy rocks are contamination from the Kuiper (KY-per) asteroid belt beyond Neptune.When Saturn and Jupiter scooted farther from the sun nearly 4 billion years ago, the shock sent the tiny distant meteorites spraying about. Planetary scientist Hal Levison suggests some of these got stuck with the asteroids floating between Jupiter and Mars, while others bombarded Earth and the moon.

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.

Carlos weakens, Dolores strengthens in Pacific Thu Jul 16, 12:09 am ET

MEXICO CITY – Tropical Storm Dolores gained strength far off Mexico's Pacific coast Wednesday.Dolores' maximum sustained winds have increased to near 50 mph (72 kph), according to the National Hurricane Center in Miami, Florida.At 11:00 p.m. EDT (0300 GMT), Dolores was centered about 630 miles (1,015 kilometers) southwest of Baja California.The storm was moving northwest, out to sea, at about 14 mph (22 kph).

Tropical Storm Carlos also had winds of about 50 mph (72 kph), much further out in the Pacific.Carlos was located about 1,705 miles ( 2,740 kms) west-southwest of Baja California.The center said Carlos was moving west, out to sea, at about 12 mph (19 kph).

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.

Letter sent linked to Canadian pipeline bombings Wed Jul 15, 7:30 pm ET

DAWSON CREEK, British Columbia – A newspaper in British Columbia received a second letter Wednesday that appears to be from someone connected to a series of bombings targeting EnCana's natural gas operations.The Dawson Creek Daily News publisher said he had read the letter, but was waiting for guidance from police before revealing what it says.The Daily News was among local media outlets to receive another letter last October, a threatening, hand-written note that arrived shortly before the first of six explosions police recently labeled domestic terrorism.That first letter called EnCana and other oil and gas companies terrorists and demanded they stop their operations immediately.The letter was followed by three successive explosions in October, two of which caused leaks of sour gas, which contains toxic hydrogen sulfide.

There was a forth explosion in January.Earlier this month, two bombings exploded a few days apart, first on Canada's independence holiday on July 1 and again on July 4, Independence Day in the U.S.Publisher Dan Przybylski said the Dawson Creek Daily News will respect any concerns investigators have about publishing the letter.In this area, there's a lot riding on this,he said.The Royal Canadian Mounted Police confirmed it received the latest letter, but a spokesman said investigators weren't ready to reveal what it says.We're still analyzing the content and determining our next steps,said Sgt. Tim Shields.Shields expects the letter's contents will be made public at some point.An EnCana spokeswoman said the Calgary-based company hadn't seen the latest letter and couldn't comment.The RCMP's anti-terrorism unit has been investigating for the past nine months with more than 250 personnel working the case, but so far no one has been charged.Police haven't announced any substantial leads since last December, when they released a series of eight surveillance photos that apparently turned out to be a dead end.Police believe whoever is responsible for the explosions is from the local area.EnCana has offered a half-million-dollar reward for information in the case, and even set up a telephone line for the bomber to air any grievances, but no one has called.

Israel anti-missile system passes live fire test By STEVE WEIZMAN, Associated Press Writer – Wed Jul 15, 3:48 pm ET

JERUSALEM – A homegrown Israeli missile defense system performed well in its first live trial, bringing down a short-range rocket similar to those used by Palestinian and Lebanese militants, an Israeli Defense Minister official said Wednesday.Spokesman Shlomo Dror told The Associated Press that a missile from the Iron Dome system intercepted and destroyed a Grad rocket. He did not say when or exactly where the system was tested, but the Web site of local daily Yediot Ahronot said the trials were held during the past week.Dror said that while the missile's guidance and control systems have been tested several times in the past, this was the first trial under live battle conditions.The laser-based system is scheduled to be fully-operational by the end of next year.Palestinians in the Gaza Strip fired dozens of Grads, and hundreds of smaller homemade rockets, into southern Israel during a three-week Israeli offensive last winter. Dror said Iron Dome was equally effective against both types of rockets.The Grad is also similar to the Katyusha rockets used by the Lebanese Hezbollah militia, which fired almost 4,000 of them across Israel's northern border during fierce fighting in 2006.

Israel has been looking at anti-rocket systems since 2003 but put the search into high gear after the summer 2006 war.Developed at a cost of over $200 million, the Iron Dome system is intended to eventually be integrated into a multilayered defense umbrella to meet all missile threats.Its manufacturer, state-owned Rafael is also working with U.S. company Raytheon Co. to develop a system against medium-range missiles.To meet long-range threats, such as an Iranian attack, Israel Aerospace Industries Ltd. and Chicago-based Boeing Co. are producing the Arrow missile, which has been successfully tested and partially deployed.The most advanced version, the Arrow II, was specifically designed to counter Iran's Shahab ballistic missile, which is capable of carrying a nuclear warhead.The Shahab-3 has a range of up to 1,250 miles (2,000 kilometers), putting Israel well within striking distance.Israel sees Iran as its biggest threat, citing the country's nuclear program and its development of long-range ballistic missiles. Those fears have been compounded by Iranian President Mahmoud Ahmadinejad's repeated references to the destruction of the Jewish state.

WORLD GOVERNMENT

EPHESIANS 6:10-13
10 Finally, my brethren, be strong in the Lord, and in the power of his might.
11 Put on the whole armour of God, that ye may be able to stand against the wiles of the devil.
12 For we wrestle not against flesh and blood, but against principalities,(DEMONIC ANGELS IN HIGH PLACES) against powers, against the rulers of the darkness of this world, against spiritual wickedness in high places.(SPIRTIUAL DEMONIC PERSONS)
13 Wherefore take unto you the whole armour of God, that ye may be able to withstand in the evil day, and having done all, to stand.

LUKE 4:5-7(BECAUSE SATAN OFFERS WORLD POWER, WORLD ORDERERS HAVE ACCEPTED SATANS GIFT)
5 And the devil, taking him (JESUS) up into an high mountain, shewed unto him all the kingdoms of the world in a moment of time.
6 And the devil said unto him, All this power will I give thee, and the glory of them: for that is delivered unto me; and to whomsoever I will I give it.
7 If thou therefore wilt worship me, all shall be thine.

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.

We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.James Paul Warburg appearing before the Senate on 7th February 1950

Like a famous WWII Belgian General,Paul Henry Spock said in 1957:We need no commission, we have already too many. What we need is a man who is great enough to be able to keep all the people in subjection to himself and to lift us out of the economic bog into which we threaten to sink. Send us such a man. Be he a god or a devil, we will accept him.And today, sadly, the world is indeed ready for such a man.

London publicly supports Blair for EU president post
LUCIA KUBOSOVA Today JULY 16,09 @ 09:27 CET

Tony Blair would have London's full backing for the new post of EU president, UK's Europe minister confirmed, suggesting the well-known British ex-leader would be respected and generally welcomed.The British Labour leader has been mentioned as a possible candidate for the title since it first appeared in the European Constitution, which was later transformed into the Lisbon treaty.But this is the first time that London's position has been publicly announced by a government minister.The UK government is supporting Tony Blair's candidature for president of the Council [of EU governments], Lady Kinnock, Britain's Europe minister, told journalists in Strasbourg on Wednesday (15 July).She argued that Mr Blair had the strength of character and status to take on the job, adding: People know who he is, and he could step into this new role with a lot of respect and he would be generally welcomed.When asked whether the British government had discussed the issue with Mr Blair, Lady Kinnock replied: It is the government's position. I am sure they would not do that without asking him.Tony Blair, Britain's prime minister for 10 years, is currently working as an international peace envoy to the Middle East while also serving as an advisor to insurance firm Zurich and investment bank JP Morgan.In reaction to the statement by Lady Kinnock, Mr Blair's spokesman told the BBC: As we have said, time and again on this, there is nothing to be a candidate for since the job doesn't actually exist.The creation of a new EU president post - to be held for two and a half years and partly replace the current six-month rotating chairmanship of the bloc's member states – currently depends on the outcome of the second referendum on the Lisbon Treaty in Ireland on 2 October, following a negative verdict by the Irish last year.

The latest polls suggest that the country, strongly affected by the current global financial and economic crisis, may approve the EU's new treaty.The full tasks and responsibilities of President of the European Council – as the official title reads - are not yet clear: he or she will mainly be chairing the summits of national leaders and work closely with the EU foreign minister, another post created by the new treaty.Whether the role of the EU president will be merely administrative or something more powerful is likely to be determined by the first appointee to the job.

Mr Blair is a controversial candidate due to his support for the Iraq. He has in the past been publicly supported by Paris but is thought to be strongly opposed by German chancellor Angela Merkel. A President Blair is also opposed by Fredrik Reinfeldt of Sweden and Jose Luis Rodriguez Zapatero of Spain, leaders of the current and next EU presidency countries.Another candidate mentioned most often and thought to enjoy backing by Berlin and Paris is Luxembourg's prime minister and veteran of the EU stage, Jean-Claude Juncker.But French media recently reported that French president Nicolas Sarkozy has switched his support to former Spanish socialist prime minister Felipe Gonzalez, 67, who currently heads a group of EU's "wise men" discussing the bloc's future shape.

Green Global Government Agenda Becoming More Evident
Daniel Taylor Old-thinker News July 15, 2009

What if a small group of world leaders were to conclude that the principal risk to the Earth [environment] comes from the actions of the rich countries?… So, in order to save the planet, the group decides: Isn’t the only hope for the planet that the industrialized civilizations collapse? Isn’t it our responsibility to bring that about? This group of world leaders form a secret society to bring about an economic collapse. – Maurice Strong, May, 1990 interview with West Magazine describing a novel that he would like to write.These candid comments from Maurice Strong, the first director of the United Nations Environmental Program, carry an especially eerie tone in the context of recent events.Daniel Estulin, who has been chasing Bilderberg for many years, covered the 2006 meeting held in Ottawa Canada. Bilderberg attendees have included Heads of State, Mayors, business leaders, and members of the press. Investigative journalist Jim Tucker confirmed that Secretary of Treasury Timothy Geithner attended the 2009 meeting in Athens, Greece.Estulin’s sources within Bilderberg 2006 told him that …what they [Bilderberg] are going to do over the next year, year and a half is to bring the market back up to its 1998, 1999 levels, they’re going to get all the suckers to invest what little money they have left over, and that’s when they’re going to make the economy’s bottom drop out…Indeed, this scenario did play out in the year that followed as Estulin’s Bilderberg sources told him.

Out of the economic and [supposed] environmental catastrophes that we face, global governance is being presented as a solution. Whether or not the global elite did in fact engineer the current economic crisis, which evidence does point toward, it is being used as a catalyst to launch a host of globalist initiatives. In March of 2007, Old-Thinker News reported on the desire of globalist foundations and interests to construct a system of global governance to fight global warming. Since then, the interests pushing the theory of man made global warming and the radical solutions that accompany it have provided more insight on exactly what is being planned.In 2006 Richard Haass, the current president of the Council on Foreign Relations, stated in his article State sovereignty must be altered in globalized era,that a system of world government must be created and sovereignty eliminated in order to fight global warming.Moreover, states must be prepared to cede some sovereignty to world bodies if the international system is to function,says Haass.Globalization thus implies that sovereignty is not only becoming weaker in reality, but that it needs to become weaker. States would be wise to weaken sovereignty in order to protect themselves… Economic instability and terrorism are also cited by Haass as reasons for weakened national sovereignty.Al Gore, who has been positioned as a main figurehead in the global warming movement, recently commented that the Waxman-Markey climate bill – which is set to dramatically increase consumer costs and taxes – is a positive step towards global governance.Simon Linnett, Executive Vice-Chairman of Rothschild Bank, has also called for the creation of a new international body that would regulate and tax CO2. Linnett writes for the Telegraph, mirroring Richard Haass’s comments,A key implication of creating a legal yet global system of trading, is the loss of sovereignty it implies. Governments must be prepared to allow some subordination of national interests to this world initiative, on the issue of emissions. This need not mean a new system of government, above individual nations.The European nations already do this, on certain issues, yielding sovereignty to the EU. And in time, the EU itself will eventually have to yield to a larger body – one which includes the economic powerhouses of India and China.As President Obama himself has admitted, cap and trade systems and carbon taxes will pass on costs to consumers. Linnet threatens that,When an individual receives an electricity bill, they will come to know what the cost of turning on the gas or a light was to the environment.Linnet proposes that carbon trading could become the reserve currency of the world…, and concludes by saying that emissions trading could establish a new world order for a sustainable planet…That a Rothschild Bank Vice-Chairman would be proposing such measures might be surprising to some, but could well meaning environmentalists be in for a shock to find that a seemingly grass roots movement has been initiated from the top down?

In early 2009, Exxon Mobil announced its support of carbon taxes. As the Calgary Herald reports,Exxonmobil corp., the world’s largest crude oil refiner, supports taxing carbon dioxide as the most efficient way of curbing greenhouse gas emissions, its chief executive said.The announcement came from Rex Tillerson, CEO of Exxon Mobil, speaking at the Woodrow Wilson International Center for Scholars in Washington, which has served as a platform for discussing various globalist initiatives for many years.A May 2008 article from the International Herald Tribune painted a glowing picture of the Rockefeller family – who built the Standard Oil empire, later to emerge as Exxon – in their quest to press for change at Exxon. As reported, David Rockefeller, retired chairman of Chase Manhattan Bank and patriarch of the family, issued a statement saying,I support my family’s efforts to sharpen Exxon Mobil’s focus on the environmental crisis facing all of us.Ultimately, the world faces an unprecedented transfer of power and wealth to new global bodies. The economic destruction taking place in the United States is draining the wealth creating capacity that we once had. Political commentator Pat Buchanan recently stated on MSNBC,more and more scientists are coming forward to say this [man-made global warming] is a hoax and a scam which is designed to transfer wealth and power from the private sector to the government sector and from the government of the United States to a world government.

Calls for new world order at NAM summit by Samer al-Atrush Samer Al-atrush – Wed Jul 15, 3:21 pm ET

SHARM EL-SHEIKH, Egypt (AFP) – More than 50 heads of state from the developing world met Wednesday in Egypt to tackle the fallout from the global economic meltdown, with calls for a new world order to prevent a repeat of the crisis.Cuban President Raul Castro said in a speech at the opening session of the Non-Aligned Movement summit that the financial crisis had hit developing nations the hardest.Every country in the world must seek just solutions to the global economic crisis,Castro told the 118-member body at the gathering in the Red Sea resort of Sharm el-Sheikh.We call for a new monetary and economic world order... we must restructure the world financial system to take into consideration the needs of developing countries.Global power dynamics also need to be addressed, Libyan leader Moamer Kadhafi said, demanding a restructuring of the UN Security Council which he branded a form of terrorism monopolised by a few countries that are permanent members.This represents a danger toward international peace. We have suffered all sorts of harm from the Security Council, it has become a sword over our necks,he said. The Security Council is terrorism.Kadhafi said he wanted to correct the imbalance at the Security Council, demanding a permanent seat for the 53-member African Union, which he chairs.

India said members should play a bigger role on the world stage.

Decision-making processes, whether in the United Nations or the international financial institutions continue to be based on charters written more than 60 years ago, though the world has changed greatly since then,Prime Minister Manmohan Singh said.Developing countries must be fully represented in the decision-making levels of international institutions,Singh said.But the developing world's military ambitions looked set to steal the summit limelight, with nuclear-armed South Asian foes India and Pakistan to hold talks on Thursday aimed at relaunching stalled peace talks.

Pakistani Prime Minister Yousuf Raza Gilani expressed optimism that relations with India were headed on the right track.There has recently been some forward movement in our relations with India, Gilani said.We hope to sustain this momentum and move towards comprehensive engagement. We believe durable peace in South Asia is achievable,he said.New Delhi and Islamabad's fraught relations deteriorated after terror attacks in the Indian commercial capital Mumbai in November last year which killed 166 people.The attacks were blamed by India on the banned Pakistani militant group Lashkar-e-Taiba, and Pakistan has acknowledged they were partially planned on its soil.Indian foreign secretary Shiv Shankar Menon has been holding talks with his Pakistani counterpart Salim Bashir since Tuesday in preparation for the meeting between Singh and Gilani.Menon told a press conference Wednesday night that the talks were continuing. We have had good detailed discussions. We are still in the process of talking to each other,he said. Singh has voiced hope that Pakistan will promise action against those behind the attacks when he meets Gilani for only the second high-level contact between the two sides since the Mumbai bombings.

Pakistan has said that it would probably put the five accused of involvement in the attacks on trial next week. The attacks left in tatters a fragile peace process launched in 2004 to resolve all outstanding issues of conflict, including a territorial dispute over the divided Himalayan territory of Kashmir. India, along with host Egypt, is one of the founding members of the NAM, the largest grouping of countries outside of the United Nations, aimed at giving a voice to the developing world.Founded in 1955, NAM's 118 member states represent around 56 percent of the global population. NAM states consider themselves not formally aligned with or against any major power bloc.

EIB loans flow through tax havens, say NGOs
TERESA KÜCHLER Today JULY 16,09 @ 09:38 CET

Despite harsh words and threats of tough sanctions against tax dodgers, EU-funded development projects in the third world are run by companies registered in tax havens. This costs developing countries millions in much needed tax revenues and leads to capital flight and lack of transparency, a study by bank-monitoring NGOs says.The EU wants to clamp down on tax dodgers, but the union's development monies end up in the pockets of dodgiest ones, say NGOs (Photo: Stately Payday Loan/Wikipidea)The study, Flying in the face of development- How European Investment Bank loans enable tax havens, released on Wednesday (15 July), says projects and beneficiaries funded by the European Investment Bank (EIB), the EU's house bank, involve tax havens, and multinational companies that use them for tax purposes.

According to the group Counter Balance, composed of seven European NGOs that track the EIB's activities, the bank is particularly unconvincing when handing out so-called global loans – loans provided on trust to Europe's biggest banks, the largest users of tax havens. The EIB does not have much overview of what they [the banks] then do with the money, and several of the banks have earlier been in the spotlight for conducting business through tax havens," Marta Ruiz, a policy officer from the European Network for Debt and Development (EURODAD) and author of the study, told this website.The current EIB monitoring system suggests that banks or companies that receive loans report against themselves if they detect any signs of shady business, the report states.Furthermore, the EIB's sanctions against companies caught evading tax are weak. There is no naming and shaming of companies excluded from finance, and no debarment from tendering for other EIB projects unless sentenced with a criminal conviction.

EU development goals?

The EIB is the world's largest public international financial institution, but also the least known and, according to critics, least transparent of the EU institutions. One of the things it does is implement the EU's development cooperation strategies.
The EIB will, for example, allocate €2 billion to support Africa in the context of the financial crisis over the next three years, mainly for investments in infrastructure, energy projects and the financial sector. Policy analyst Marta Ruiz explained that often the beneficiary of a project funded by the EIB in Africa is a multinational corporation that sets up a subsidiary in a tax haven like Mauritius.

The company operates in a third country with which Mauritius has a tax agreement, stating that Mauritian companies pay their taxes at home, and not in the country where the project is based.The companies then pay no taxes but only a nominal fee to Mauritius for the home address, and extract between 20 and 30 percent of return on investment.This is like giving development countries money with one hand, and then taking it away with the other,Ms Ruiz said According to charity War on Want, tax avoidance and capital flight alone cost Africa five times what it receives in aid in each year, money that would have enabled governments to fund vital public services such as health care, education and clean water.There is however growing international pressure to outlaw tax havens, in order to reform the world's battered financial system. At the G20 meeting this spring, world leaders announced that sanctions would be taken against countries which continued to give haven to tax evaders. The writing is on the wall for tax havens wherever they may be,UK prime minister Gordon brown said in a joint press conference with French president Nicolas Sarkozy.

An EU institution, but also a bank

An EIB official said it is not odd that the EU's house bank works with big banks or other intermediaries like private equity funds. The EIB only gives direct loans to projects involving sums over €25 million. In order to apply smaller loans, such as loans to SME's, the EIB goes through middlemen, such as banks or other funds. But these are loans. We naturally want the money back, and therefore we have an interest in asking for full reports from the investors we lend money to,the official stated. But he added that the EIB is currently looking at how to improve back-reporting procedures.He underlined that those who receive EIB monies for projects have to fulfil with all possible criteria set out in the EU's development goals.But people fail to understand that even though the EIB is an EU institution, it is also a bank, and as such, has to act according to secrecy and business rules for banks, he said.

Some political camps, NGOs, faith groups and activists are ideologically opposed to opening up EU development to commercial interests, and to the fact that private banks and companies borrow public money at low interest rates in order to make profits on EU development projects.But proponents of this path argue that only by taking the industry and business world onboard in the fight against poverty, with their capital, expertise and a sense for multiplying cash and creating growth, can development and aid in poor countries be efficient. However, if there is suspicion that the actors who carry out EU development policies consider tax evasion a legitimate part of their business, Brussels may have to do some explaining even to those convinced by the public-private partnership model.EIB president Philippe Maystadt last month announced that the bank would tighten its rules on lending to companies in offshore financial centres, with a revised policy likely to require firms to move out of offshore financial centres if they want an EIB loan. The EIB is committed to ensuring that its loans are used for the purposes intended, the promotion of European Union priority objectives, Mr. Maystadt said.The Luxemburg-based bank is also expected to release new transparency rules later this year.

SIGN VACCINE PREVENTION RIGHTS PETITION
http://www.healthfreedomusa.org/?page_id=184
HEALTH FREEDOM USA
http://www.healthfreedomusa.org/

PAT ROBERTSON SAYS STOP THIS DANGEROUS HEALTHCARE BILL,1000 PAGES UP TO $3 TRILLION TO BE WASTED ON THIS BILL THAT WAS DREAMED UP BY LIBERALS OVER YEARS.

CBN ON HEALTHCARE BILL (VOTE IT DOWN NOW)
http://www.cbn.com/media/index.aspx?s=700club
http://www.cbn.com/cbnnews/politics/2009/July/Senate-Health-Committee-Okays-Revamp-/

Health Care Bill Will Fund State Vaccine Teams to Conduct Interventions in Private Homes Thursday, July 16, 2009 By Terence P. Jeffrey, Editor-in-Chief

President Barack Obama announces Kansas Gov. Kathleen Sebelius, left, as his nominee for Health & Human Services Secretary, Monday, March 2, 2009, in the East Room at the White House in Washington. (AP Photo/Ron Edmonds)(CNSNews.com) - There is a knock at the front door. Peeking through the window, a mother sees a man and a woman, both in uniform. They are agents of health-care reform.Excuse me, ma’am, says the man. Our records show that your eleven-year-old daughter has not been immunized for genital warts.And your four-year-old still needs the chicken-pox vaccine,says the woman.He will not be allowed to start kindergarten unless he gets that shot, you know, says the man—smiling from ear to ear.So, can we please come in? asks the woman.We have the vaccines right here,she says, lifting up a black medical bag. We can give your kids the shots right now.

We are from the government,says the man, and we’re here to help.

Is this a scene from the over-heated imagination of an addlepated conspiracy theorist? Or is it something akin to what is actually envisioned by the health-care reform bill approved this week by the Senate Health, Education, Labor and Pension Committee.The committee’s official summary of the bill says: Authorizes a demonstration program to improve immunization coverage. Under this program, CDC will provide grants to states to improve immunization coverage of children, adolescents, and adults through the use of evidence-based interventions. States may use funds to implement interventions that are recommended by the Community Preventive Services Task Force, such as reminders or recalls for patients or providers, or home visits.

Home visits? What exactly is the state going to do when it sends people to implement interventions in private homes designed to improve immunization coverage of children?
The draft of the bill posted on the committee Web site provides more details.Title III of the bill is entitled, Improving the Health of the American People.It includes four subtitles. They are: Subtitle A: Modernizing Disease Prevention of Public Health Systems,Subtitle B: Increasing Access to Clinical Preventive Services,Subtitle C: Creating Healthier Communities,and Subtitle D: Support for Prevention and Public Health Information.The program authorizing home interventions to promote immunizations falls under Subtitle C: Creating Healthier Communities.This subtitle directs the secretary of health and human services to establish a demonstration program to award grants to states to improve the provision of recommended immunizations for children, adolescents, and adults through the use of evidence-based, population-based interventions for high-risk populations.The bill lists eight specific ways that states may use federal grant money to carry out immunization-promoting interventions.Method E calls for home visits which can include provision of immunizations.

Says the draft bill: Funds received under a grant under this subsection shall be used to implement interventions that are recommended by the Task Force on Community Preventive Services (as established by the secretary, acting through the Director of the Centers for Disease Control and Prevention) or other evidence-based interventions, including—(A) providing immunization reminders or recalls for target populations of clients, patients, and consumers; (B) educating targeted populations and health care providers concerning immunizations in combination with one or more other interventions; (C) reducing out-of-pocket costs for families for vaccines and their administration; (D) carrying out immunization-promoting strategies for participants or clients of public programs, including assessments of immunization status, referrals to health care providers, education, provision of on-site immunizations, or incentives for immunization;(E) providing for home visits that promote immunization through education, assessments of need, referrals, provision of immunizations, or other services; (F) providing reminders or recalls for immunization providers;(G) conducting assessments of, and providing feedback to, immunization providers; or (H) any combination of one or more interventions described in this paragraph.Many vaccines routinely administered to children in the United States are utterly uncontroversial. But in recent years there have been controversies about the chicken pox vaccine and the vaccine for HPV, which causes genital warts, which can cause cervical cancer.On March 15, 2007, Bloomberg news summarized a study published in the New England Journal of Medicine, which discovered that the chicken pox vaccine does not provide permanent protection against chicken pox, leaving children who have been immunized vulnerable to getting ill with the virus later in life when it can cause a more serious bout of the disease.Merck & Co.'s chickenpox vaccine weakens as children age, possibly leaving them vulnerable to a more serious infection as adults, a U.S.-sponsored study in California found,” reported Bloomberg.The power of the vaccine, Varivax, the only one available in the United States against chickenpox, starts to fade after five years, according to the study in today's New England Journal of Medicine. The results suggest that children should get a second dose, which advisers to the Centers for Disease Control and Prevention recommended in June.

Bloomberg quoted the study as saying,Waning immunity is of particular public health interest because it may result in increased susceptibility later in life, when the risk of severe complications may be greater than that in childhood.In March of this year, the Washington Post reported about the controversy sparked when the Merck pharmaceutical company campaigned to have states mandate that school girls receive Gardasil, its vaccine against HPV.Merck also began an ambitious marketing campaign and lobbying push to persuade states to add the vaccine to the list of those required for children to attend school,reported the Post.But the company eventually abandoned the strategy in the face of an intense backlash from critics who argued that the decision should be left to parents. Although many states considered such mandates, so far only Virginia and the District have imposed one, and [a Merck official] said the company has no plans to pursue that strategy again.The Post's report noted that at least some experts questioned the wisdom of promoting use of the vaccine when its long term impact is still unknown.Federal health officials, Merck and others say they are confident that the vaccine is safe,reported the Post.But some experts said they are concerned that there is insufficient evidence about how long Gardasil's protection will last, whether serious side effects will emerge and whether the relatively modest benefits for boys are worth even the small risks associated with any vaccine.

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 THU JULY 16,2009

09:30 AM -2.22
10:00 AM +24.96
10:30 AM -0.60
11:00 AM +15.72
11:30 AM -9.44
12:00 PM -2.11
12:30 PM +11.39
01:00 PM +3.18
01:30 PM -7.48
02:00 PM +29.48
02:30 PM +44.52
03:00 PM +74.29
03:30 PM +79.28
04:00 PM +95.61 8711.82

S&P 500 940.74 +8.06

NASDAQ 1885.02 +22.13

GOLD 937.80 -1.60

OIL 62.05 +0.51

TSE 300 10,296.87 +81.41

CDNX 1097.80 +15.25

S&P/TSX/60 624.56 +6.19

MORNING,NEWS,STATS

YEAR TO DATE PERFORMANCE
Dow -1.83%
S&P +3.26%
Nasdaq +18.13%
TSX Advances 1,120,declines 415,unchanged 264,Volume 2,298,595,286.
TSX Venture Exchange Advances 486,Declines 291,Unchanged 388,Volume 316,083,255.

Dow -11 points at 4 minutes of trading today.
Dow -28 points at low today.
Dow +42 points at high today so far.
GOLD opens at $937.00.OIL opens at $60.57 today.

AFTERNOON,NEWS,STATS
Dow -28 points at low today so far.
Dow +42 points at high today so far.

DAY TODAY PERFORMANCE - 12:30PM STATS
NYSE Advances 1,685,declines 1,821,unchanged 134,New Highs 29,New Lows 42.
Volume 2,470,241,635.
NASDAQ Advances 1,125,declines 1,377,unchanged 129,New highs 31,New Lows 10.
Volume 872,879,727.
TSX Advances 663,declines 568,unchanged 298,Volume 762,984,152.
TSX Venture Exchange Advances 284,Declines 234,Unchanged 309,Volume 126,893,376.

WRAPUP,NEWS,STATS
Dow -28 points at low today.
Dow +127 points at high today.
Dow +1.11% today Volume 216,509,410.
Nasdaq +1.19% today Volume 1,979,147,983.
S&P 500 +0.86% today Volume N/A

Asia stocks rise as China growth buoys confidence By JEREMIAH MARQUEZ, AP Business Writer JULY 16,09

HONG KONG – Asian stocks jumped Thursday after China's economic growth quickened and U.S. companies posted stronger-than-expected results, boosting faith in a global recovery.The move higher followed a rally on Wall Street and marked the region's third straight day of gains after a string of losses amid anxiety the market had overestimated the economy's prospects and earnings season would disappoint.But worst-case fears about U.S. earnings haven't played out, at least not yet.Intel Corp., the world's biggest chipmaker, helped confidence with better-than-expected results and a robust forecast for the second-half of the year. The news came after Goldman Sach Group Inc.'s quarterly profit comforted investors the day before.China, meanwhile, said its economy accelerated in the second quarter, expanding by 7.9 percent, amid a surge in consumer spending and factory output on the back of massive government stimulus measures.Analysts said the quicker expansion, above most market forecasts, put the world's third-largest economy within reach of the government's 8 percent full-year growth target. It offered yet more assurances for global investors who, thrilled by China's ability to keep its economy growing as other countries slump, have already driven Shanghai's stock market up nearly 75 percent this year.

This should give people confidence that China's economy is on strong footing and that there are a lot better days ahead,said Alan Landau, Hong Kong-based president of Marco Polo Pure Asset Management, which oversees about $120 million in mostly mainland Chinese equities.All the signs point to expansion in China. Sentiment is very positive toward China. Where else in the world right now can you find that kind of growth? Every major benchmark was green, though many traded off their highs by the afternoon as caution began to set in after U.S. market futures dropped and struggling U.S. lender CIT Group Inc. headed for bankruptcy.Japan's Nikkei 225 stock average gained 74.91 points, or 0.8 percent, to 9344.16 and Hong Kong's Hang Seng was up 223.83, or 1.2 percent, at 18,482.28.South Korea's Kospi added 0.8 percent to 1,432.22. Australia's index advanced 1.8 percent, India's Sensex was up 0.2 percent and Singapore's stock measure was higher by 0.7 percent.In mainland China, the Shanghai benchmark was unable to hold its advanced, losing 0.2 percent to 3,183.74.Among the day's best performing stocks, Mazda surged 6.2 percent in Tokyo on news Toyota may providing its key hybrid technology in a tie-up.On Wall Street Wednesday, markets surged with investors cheered by earnings, as well as a more positive assessment of the economy from the U.S. Federal Reserve and manufacturing figures that pointed to an easing in the recession.The Dow jumped 256.72, or 3.1 percent, to 8,616.21, its biggest gain since March 23.U.S. futures pointed to losses Thursday, however. Dow futures were down 5, or 0.1 percent, at 8,538 and S&P futures were off 3, or 0.3 percent, at 923.70.Oil prices were steady in Asian trade, with benchmark crude for August delivery up 11 cents at $61.65 a barrel. The contract surged $2.02 overnight, taking its cue from Wall Street.The dollar weakened to 93.85 yen from 94.23 yen. The euro fell to $1.4062 from $1.4099.

Oil holds above $61 on positive US Fed news By ALEX KENNEDY, Associated Press Writer -JULY 16,09

SINGAPORE – Oil prices hovered above $61 a barrel Thursday in Asia after a more positive economic outlook from the U.S. central bank buoyed investor confidence.

Benchmark crude for August delivery was down 6 cents to $61.47 a barrel by midday Singapore time in electronic trading on the New York Mercantile Exchange. On Wednesday, the contract added $2.02 to settle at $61.54.Oil surged Wednesday on signs from the Federal Reserve that the U.S. economy may be performing better than expected.

The Fed said industrial companies cut production far less in June than they had in previous months, and the central bank's minutes from its meeting last month showed it now expects the economy to contract at a slower pace than previously thought.Oil had dropped to $58.78 a barrel last week from $73.38 on June 30 on investor concern that the global economy will emerge from recession slower than expected.The degree of short-run panic needed to stay below $60 has to be very considerable, Barclay's Capital said in a weekly energy report.The situation would have to be weakening to a significant degree. That does not appear to be happening.Stock investors, inspired by the Fed news and an upbeat outlook from chip maker Intel Corp., sent the Dow Jones industrial average up 3.1 percent on Wednesday.Meanwhile, signs of weak U.S. crude demand weighed on prices. The Energy Information Administration said Wednesday that the country's supply of crude oil dropped more than expected last week, falling by 2.8million barrels.Inventories have dropped 13.2 million barrels during the last four weeks.In other Nymex trading, gasoline for August delivery was steady at $1.70 a gallon and heating oil held at $1.58. Natural gas for August delivery slid 2.2 cents to $3.26 per 1,000 cubic feet.In London, Brent prices fell 7 cents to $63.02 a barrel on the ICE Futures exchange.

In Egypt, Non-Aligned nations focus on meltdown By SARAH EL DEEB, Associated Press Writer – Wed Jul 15, 10:41 pm ET

SHARM EL-SHEIK, Egypt – Cuba's president on Wednesday called for an international financial system that better takes into account developing countries' interests, as the global recession captured the spotlight at a summit of non-aligned nations.Raul Castro's remarks at the opening session of the two-day Non-Aligned Movement's meeting in this Red Sea resort were echoed by other leaders and build on earlier discussions among officials from the 118-nation grouping of mostly of African, Asian and Latin American nations.We demand the establishment of a new international financial and economic structure that relies on the participation of all countries, Castro said, ahead of handing over the movement's presidency to Egypt.There must be a new framework that doesn't depend solely on the economic stability and the political decision of only one country,the Cuban leader said, apparently referring to the United States.The new system must give developing countries preferential treatment, he said without elaborating.As the global meltdown roiled world markets, erasing trillions in dollars in individual, corporate and government wealth, calls have mounted for greater market regulation and a shift from the use of the dollar as the main foreign reserve currency. Developing nations have argued that their growth and stability is being undercut by a crisis in which they had no part in creating.This crisis, the worst in living memory, emanated from the advanced industrial economies, but the developing economies, the members of our movement, have been the hardest hit, said Indian Prime Minister Manmohan Singh.U.N. Secretary-General Ban Ki-moon said the economic crisis has revealed the need to improve the international financial architecture, so we may see the developing world and emerging powers gain more of a say in that realm.The call by Castro, whose country has been under U.S. sanctions for decades, followed similar demands by the movement's foreign ministers and senior officials who stressed after four days of meetings here that joint action was needed to ward off the global meltdown's impact.The summit's draft declaration also calls for the group to coordinate with China — attending the summit as an observer — to have their voices heard at international financial institutions like the International Monetary Fund and the World Bank.

The movement — born in the 1950s as a group of nations allied neither with the U.S. nor the Soviet Union — has lost much of its relevance with the end of the Cold War. Over the past two decades, it has become a forum in which developing nations meet to complain.Egyptian President Hosni Mubarak, in his address, recognized the challenge facing the movement's founding principles, saying the group must work closely with developed nations to address the world's biggest problems, such as terrorism and financial instability.But some of the group's members — such as India and Saudi Arabia — have gained considerable economic clout, and that influence has not been lost on the West.As the movement's members met in Egypt for their 15th gathering, U.S. Treasury Secretary Timothy Geithner was in the United Arab Emirates on the second leg of a Mideast visit during which he stressed on the need for joint effort to rebuild a more stable global economic foundation.Geithner's trip, which began in OPEC powerhouse Saudi Arabia, was a clear reflection of the growing financial strength of the six-nation Gulf Cooperation Council. As a whole, that bloc is the U.S.'s second biggest creditor after China.The prime ministers of nuclear powers Pakistan and India, meanwhile, were expected to meet on the summit's sidelines. The two met in Russia last month for the first time since the Mumbai terror attacks last year but made little headway in defusing tension in their relations.India blamed Pakistan-trained militants for the attacks, which killed 166 people, and has accused Pakistan of dragging its feet in punishing those suspected of planning the three-day siege.Pakistan has rejected the accusations and announced Sunday that the trial of five men accused in the attacks will likely start next week. You need evidence for the courts. It is an ongoing process. One day is not the make or break of things," Nawabzada Malik Amad Khan, the Pakistani minister of state for foreign affairs, told reporters at the summit.The two countries' foreign secretaries met for 90 minutes on the sidelines of the summit meeting Tuesday night, apparently to prepare for Wednesday's meeting of the two prime ministers, according to a diplomat familiar with the meeting. He spoke on condition of anonymity because he was not authorized to speak to the media.Khan said Pakistan is going into the meeting with open arms.This kind of estrangement won't do much good for us or them,he said.

US treasury chief in UAE to drum up support By ADAM SCHRECK, AP Business Writer – Wed Jul 15, 11:24 am ET

ABU DHABI, United Arab Emirates – U.S. Treasury Secretary Timothy Geithner pressed ahead with his sales pitch to Gulf Arab nations Wednesday, telling oil-rich Mideast allies Washington is committed to keeping the dollar strong and promoting sustainable growth as the world pulls out of recession.Geithner's comments in the United Arab Emirates capital Abu Dhabi came on the second leg of a two-day trip to the Middle East, where he is seeking to convince Arab leaders on the Obama administration's efforts to fix the U.S. economy.We want to rebuild a stronger foundation for more balanced growth globally,Geithner said after a closed-door meeting about education and economic development with UAE Foreign Trade Minister Sheikha Lubna al-Qasimi and other officials. We need to make sure as we emerge from this crisis we're not sowing the seeds of imbalances that will lead to future crises.Geithner's visit to the UAE, the second largest Arab economy after Saudi Arabia, came a day after he met with Saudi King Abdullah and businessmen in the kingdom. The UAE, which is the end of the Mideast tour, is also home to the Persian Gulf commercial and financial hub, Dubai.

A key aim of the trip, which follows a series of overtures to the Middle East by President Barack Obama, is to reassure major oil producers in the six-nation Gulf Cooperation Council that America still welcomes their business and will safeguard the value of the dollar and their vast U.S. investments by forging a way out of the financial crisis.The UAE and the GCC countries have played an important stabilizing role (in the global economy). You've seen them intervene in support of U.S. banking institutions,said Nasser Saidi, chief economist of the Dubai International Financial Center. What we need to see is a recognition of the important role of the GCC on the international level.The Gulf states' wealth skyrocketed during oil's earlier boom years, adding to their political clout in the process. But leaders in the region have grown increasingly concerned in recent months as crude prices and the value of their investments soured.Five of the Gulf Cooperation Council nations — Saudi Arabia, the UAE, Oman, Bahrain and Qatar — peg their currency to the dollar. Kuwait uses a basket of currencies that includes the greenback.In an interview with Arab-language news network Al Arabiya, Geithner said the U.S. would work to ensure the strength of the dollar.It is the policy of the United States and it will remain the policy of the United States to remain committed to a strong dollar,he said.

My view, and this is the view I heard expressed here, is the dollar ... will remain the principal reserve currency,he added.As a group, Gulf governments hold more than $400 billion worth of U.S. investments, making them second only to China as America's biggest creditor, Saidi said.Income from foreign assets in terms of investment positions is becoming as important as income from oil. People tend to forget that, Saidi said.Geithner's schedule in the UAE included meetings with the crown prince, the head of the central bank and the country's deputy finance minister.The treasury secretary also held talks with top officials from some of the sheikdom's sovereign wealth funds, which have invested billions of dollars in U.S. companies such as Citigroup Inc. From the UAE, he heads to Paris.Gulf countries are very important as investors, even though they don't have that much money to spend this year because of lower oil prices, said Eckart Woertz, program manager for economics at the Gulf Research Center in Dubai.That's a large part of why he's coming.

IMF: West Bank economy can grow if Israel eases up By KARIN LAUB, Associated Press Writer - Wed Jul 15, 6:01 am ET

RAMALLAH, West Bank – The West Bank economy could post its strongest performance in years in 2009, but only if Israel broadens recent efforts to ease restrictions on Palestinian trade and movement, the International Monetary Fund said Wednesday, offering a rare upbeat assessment after years of downturn.The growth, projected to be as high as 7 percent, could further stabilize the West Bank, bolster U.S.-led peace efforts and ease the financial burden on the international community. Donor countries spent some $1.8 billion in 2008 alone to cover the Palestinian government's deficit, in part to make up for a stagnant economy.Donor countries have repeatedly urged Israel to scale back a series of restrictions imposed after the outbreak of Israeli-Palestinian fighting in 2000 to restrain militants. They include military checkpoints, a massive West Bank separation barrier, cumbersome inspections of Palestinian cargo at crossings into Israel and Jordan and the two-year closure of the Hamas-ruled Gaza Strip.In recent weeks, Israel recently eased restrictions, such as removing some major West Bank checkpoints, as part of Prime Minister Benjamin Netanyahu's offer of economic peace to the Palestinians.Netanyahu initially had hoped to focus peace moves on improving the quality of life in the West Bank. Only under heavy U.S. pressure has he reluctantly endorsed the concept of a demilitarized Palestinian state.The Palestinians say they won't settle for anything less than full statehood.They're also skeptical about Israel's economic promises, noting that ventures worth hundreds of millions of dollars, including plans to build a new city in the West Bank and establish a second cell phone provider, remain on hold because Israel has stalled on key permits.The Israeli restrictions still pose obstacles to the improvement of the economy,said Palestinian Prime Minister Salam Fayyad, an internationally respected economist.The IMF said Wednesday that economic conditions in the West Bank have started to improve. The report cited the easing of Israeli restrictions on internal trade in the West Bank, along with improved Palestinian security performance that has boosted investor confidence.Israel would need to remove the remaining restrictions on trade and movement within the West Bank to raise real GDP growth by as much as 7 percent this year, which would be the first significant increase in Palestinians' standard of living since 2006, the IMF said.

For solid growth to be sustained beyond 2009, trade restrictions between the West Bank and Israel would also need to be eliminated, said the IMF representative in the Palestinian territories, Oussama Kanaan.The Palestinian economy has largely sputtered since the outbreak of fighting in 2000.Under the current trade arrangements, Palestinian cargo is shipped back-to-back at Israeli crossing points, meaning it has to be unloaded from trucks, inspected and then loaded onto different vehicles to reach the final destination. The method drives up time and cost of shipping and makes deliveries unreliable.Netanyahu announced this week that opening hours at the cargo crossing between the West Bank and Jordan would be extended. Other government officials said Israel is also trying to find ways to limit waiting times for trucks at crossings to no more than 45 minutes.Netanyahu said he would also try to revive major economic projects, including two West Bank industrial parks sponsored by Germany and Japan. The projects have been stalled for years, and Israel acknowledged its bureaucracy shared the blame.International Mideast envoy Tony Blair said he discussed some of the projects with Netanyahu on Monday, including the fate of the new cell phone provider, Wataniyeh. The company has waited for more than a year for Israel to assign the necessary frequency channels.I hope that by the end of this month, we'll have a satisfactory conclusion,Blair told The Associated Press on Tuesday.