JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
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:(CONFISCATED) 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.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
UPDATED-JUNE 29,2015-04:16PM
THE DOW WAS DOWN 350.33 PONTS IN AMERICA TODAY.THE BIGGEST LOSS ALL YEAR.AS A RESULT OF THE GREECE SITUATION.IN FACT THE STOCK MARKETS AROUND THE WORLD WERE MOSTLY ALL DOWN.AND SINCE THIS BANK CLOSINGS BY GREECE WILL LAST TILL JULY 6,15.FOR THE NEXT WEEK.WE CAN EXPECT A VOLITAL WORLD STOCK MARKET.
BANK FOR INTERNATIONAL SETTLEMENTS
https://www.bis.org/
Global financial markets remain dependent on central banks-28 June 2015
https://www.bis.org/publ/arpdf/ar2015e2.htm
The international monetary and financial system-28 June 2015
https://www.bis.org/publ/arpdf/ar2015e5.htm
THE BANK FOR INTERNATIONAL SETTLEMENTS IS THE CENTRAL BANK OF THE WORLD THAT LENDS ONLY TO CENTRAL BANKERS AROUND THE GLOBE.THE IMF LENDS TO THE COUNTRIES BANKS OF THE WORLD.BETWEEN THIS BANK AND THE IMF I BELIEVE WILL BE THE BANKS OF THE WORLD.THE IMF THE WORLD BANK AND THE POLICEMAN OF THE IMF THE BANK FOR INTERNATIONAL SETTLEMENTS WHERE WE PAY OUT CAP & TRADE,CLIMATE,ENERGY SCAM TAXES TOO TO PAY FOR THE WORLD GOVERNMENT.THE GLOBAL CURRENCY WILL BE THE SDRS OR SPECIAL DRAWING RIGHTS UNTILL THE EU INVENTS THE WORLD MICROCHIP IMPLANT SYSTEM THEN THE EU WILL MAKE ALL TAKE THE IMPLANT OR BE MURDERED.FORCE THE WORLD INTO FULLOUT INFLATION,SKYROCKETING FOOD PRICES AND A 50CENT DOLLAR.
Committee on the Global Financial System-BIS
The Committee on the Global Financial System (CGFS), which is chaired by William C Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, monitors developments in global financial markets for central bank Governors.The Committee has a mandate to identify and assess potential sources of stress in global financial markets, to further the understanding of the structural underpinnings of financial markets, and to promote improvements to the functioning and stability of these markets. It fulfils this mandate by way of regular monitoring discussions among CGFS members, through coordinated longer-term efforts, including working groups involving central bank staff, and through the various reports that the CGFS publishes. The CGFS also oversees the collection of the BIS international banking and financial statistics.The CGFS, formerly known as the Euro-currency Standing Committee, was established in 1971 with a mandate to monitor international banking markets. Its initial focus was on the monetary policy implications of the rapid growth of off-shore deposit and lending markets, but attention increasingly shifted to financial stability questions and to broader issues related to structural change in the financial system. Reflecting this change in focus, the G10 Governors decided on 8 February 1999 to rename the Committee and to revise its mandate. As of January 2010, the Chairman of the CGFS reports to the Global Economy Meeting, which comprises a group of 31 central bank Governors as members.
UNDERSTANDING WORLD GOVERNMENT
http://www.womensgroup.org/
http://video.google.com/videoplay?docid=504526035342184251
BANK OF INTERNATIONAL SETTLEMENT PRESS
http://www.bis.org/events/agm2009/pcvideo.htm
BANK FOR INTERNATIONAL SETTLEMENTS PAPER 17 REGIONAL AREAS OF THE WORLD AND CURRENCIES
http://www.bis.org/publ/bppdf/bispap17.pdf
BANK FOR INTERNATIONAL SETTLEMENTS SITE
http://www.bis.org/
G-10 PRESS RELEASES FROM BANK FOR INTERNATIONAL SETTLEMENTS
http://www.bis.org/list/press_releases/said_12/index.htm
BIS ANNUAL REPORTS
http://www.bis.org/list/press_releases/said_10/index.htm
CENTRAL BANKERS SPEECHES
http://www.bis.org/list/cbspeeches/index.htm
BANK FOR INTERNATIONAL SETTLEMENTS-NEW WORLD ORDER-JULY 10,10 HOURS 1 & 2
http://www.olivetreeviews.org/radio/mp3/
US stocks notch worst day of year as Greek crisis escalates-Associated Press By MATTHEW CRAFT-JUNE 29,15-YAHOONEWS
NEW YORK (AP) — Stocks are closing with their biggest losses of the year as investors worry about fallout from Greece's worsening debt crisis.Greece is moving closer to defaulting on its debt and could be forced to abandon the euro currency.The Dow Jones industrial average dropped 350 points, or 2 percent, to 17,596 Monday.The Standard & Poor's 500 index sank 43 points, or 2.1 percent, to 2,057.The Nasdaq composite tumbled 122 points, or 2.4 percent, to 4,958.European markets fell even more. Stocks fell 3.6 percent in Germany and 3.7 percent in France.Bond prices rose sharply as investors sought safety. The yield on the 10-year Treasury note fell to 2.32 percent.
Greece to fall into IMF 'arrears'-By Andrew Rettman-june 29,15-euobserver
BRUSSELS, Today, 20:37-Greece’s non-repayment to the International Monetary Fund (IMF) on Tuesday (30 June) doesn’t mean it’s bankrupt, but it could prompt bankruptcy quickly enough.The money, almost €1.6 billion, is due in the IMF’s bank account by 6pm Washington time.Normally, the debtor country would inform the IMF the day before that it had lodged a payment order at its central bank and that the money would be transferred in 24 hours.Instead, a Greek official told the Reuters news agency on Monday the money isn’t coming.The non-payment will, in technical terms, put Greece in IMF “arrears” rather than in “default”.It means it won’t be eligible for IMF aid until the bill is paid and the IMF will send it warning letters from time to time.If it still doesn’t pay after two years or so, it will fall into “protracted arrears”, joining Somalia, Sudan, and Zimbabwe. Its IMF board voting rights could be suspended. If the IMF thinks it’ll never pay, it could be expelled. But this has never happened.The institutions which use the nomenclature “default” are the major ratings agencies, the US-based firms Fitch, Moody’s, and S&P.They’ve already said they’ll declare Greece to be in “default” only if if fails to pay back private sector debts, not public ones.
Greece’s next private sector repayment is €143 million of Japanese-denominated debt on 14 July, the financial newswire, Bloomberg, says.Greece’s ability to honour it, and any other payments, will depend on the European Central Bank (ECB).
ECB
The ECB is currently keeping Greece and its banks afloat using Emergency Liquidity Assistance (ELA).
It means Greek banks borrow money from the ECB on a daily basis using Greek government bonds, or “t-bills”, as collateral.The ECB has already imposed a 35 percent or so penalty, or haircut, on most t-bills, meaning that for every €135 of collateral the banks give, they get €100 in cash in return.But if the ECB board decides the t-bills are worthless because Greece didn’t pay the IMF, it’ll stop.If it decides to raise the haircut, the Greek banks might not be able to bear it.An official with knowledge of IMF and ECB procedure told EUobserver on Monday: “The ECB board is talking about this on a daily basis: ‘How much in t-bills do we accept? What kind of haircut do we apply?’.”“They key question is what does the ECB make of the IMF arrears? If it decides the t-bills are worthless as collateral, then the Greek banks will become insolvent and the ECB, as a single supervisor, would be forced to close them down”.The official noted the ECB has “no precedent” for the current situation.He added, on the ECB’s thinking: “How can Greece be trusted to pay back less-preferred creditors if it doesn’t pay back it’s preferred creditor [the IMF]?”.
Merry-go-round
A contact at a leading German bank, who asked not to be named, noted that the ECB decision is also linked to private sector repayments, in what amounts to a merry-go-round of decision-making.If Greece doesn’t pay back a private bond and the ratings agencies say it’s in “default”, the ECB is also obliged to stop ELA.The €143mn Japanese bond was bought in 1995.The German bank contact noted that, due to Greece’s years-old problems, it “holds relatively few private bonds at this time”.But he added: “It would be better for them to pay back whatever they do hold”.
Referendum
For its part, Austria’s Raifeissen Bank, noted that the Greek referendum, on 5 July, adds yet more risk.It said in a flash analysis on Monday that if Greek voters say No to creditors’ terms, the ECB’s first reaction is likely to increase the haircut.It’s next step would be to insist Greece repays €3.5 billion of t-bills due on 20 July. But with no bailout, it couldn’t do so, the ELA would stop, and Greece would go bust.Raifeissen said the ECB could, in theory, recapitalise Greek banks. But with a referendum No and with the far-left Syriza party in power “it remains only a theoretical option”.“Consequently, Greece would be forced to independently carry out recapitalisation of banks with a new currency - which is equal to exit from the monetary union”.
Best case
The Austrian bank said even a referendum Yes poses difficulties.It said a Yes would mean new elections due to Syriza’s “massive loss of credbility”.The shortest delay between new elections and a new government is 30 days. But it’s fanciful to imagine that a new, pro-creditor coalition could form so quickly.In the meantime, Greece would have to maintain capital controls.It would also have to pay ECB t-bills, other IMF debt tranches, and pensions and public sector wages in what Raifeissen called “a parallel currency” or “IOUs” .The official with knowledge of IMF and ECB procedures noted that good will goes a long way, however. With Greece in IMF “arrears”, the IMF cannot take part in a new bailout which Greece would need to pay back the arrears, creating a Catch-22.But the official said a saviour country could give Greece a “bridging loan”, lasting just a few days, to pay the arrears, and Greece could use the new bailout to pay back the loan.He said the US already did it for Peru in the 1990s.
Greeks can withdraw €60 a day By Eric Maurice-june 29,15-euobserver
BRUSSELS, Today, 09:29-Greek banks did not open Monday (29 June), beginning a week full of financial and political uncertainties for Greece and the eurozone.Greek prime minister Alexis Tsipras Sunday announced a bank holiday for the six days in the run-up to the referendum on 5 July, where Greek citizens are to be asked their opinion on reform proposals by the country’s creditors.Large queues formed in front of Greek banks on Sunday night, and many banks were reportedly out of cash Monday morning.Starting from Monday, and until 6 July, Greeks will only be able to withdraw just €60 a day, and any transfer of money to another country will have to be approved by the government.People with foreign cards will not be affected by the withdrawal limit, a measure designed to reassure tourists as the summer season starts.Several countries including Germany, the Netherlands, Belgium, and the UK have issued warnings to holiday makers, advising them to take as much cash as possible with them.Credit card payments are not affected by the capital control measures. Tsipras also said on Sunday that the electronic payment of pensions and wages would be guaranteed.But some pensioners, who have no credit card and almost no cash in their pockets, were waiting outside banks on Monday morning, according to reports. The authorities were considering making an exception and opening banks just for them on the day.The minister for citizens' protection met police authorities and asked them to increase the number of patrols in the country, especially around banks, for fear of social unrest.There were unconfirmed reports on Monday morning that the police is now stationed at previously unguarded parts of the parliament in Athens.The bank holiday is part of capital controls decided after the European Central Bank decided to leave untouched the level of the Emergency Liquidity Assistance to the Greek banks, at €89 billion.The decision allowed Greek banks to dispose of capital but not to compensate the massive withdrawals which have been accelerating in recent weeks.According to Greek banking sources, €1.3 billion was withdrawn on Saturday and Sunday morning after Tsipras announced the referendum, triggering a collapse of the negotiations with Greece's creditors in Brussels.Early on Sunday afternoon, finance minister Yanis Varoufakis was still saying on Twitter: "Capital controls within a monetary union are a contradiction in terms. The Greek government opposes the very concept."But the fear of a bank run and collapse of the Greek banking system pushed Tsipras to announce capital controls in a television address to the country.Tsipras said that the rejection, by the Eurogroup, on Saturday of his government's demand for an extension of the bailout programme after 30 June "was an unprecedented act by European standards, questioning the right of a sovereign people to decide"."This decision led the ECB today to limit the liquidity available to Greek banks and forced the Greek central bank to suggest a bank holiday and restrictions on bank withdrawals", he said.Greeks also queued at petrol station on Sunday night, prompting the authorities to issue a statement saying there is enough "fuel reserves for several months".The Athens Stock Market will also close for a week.On Monday morning, the European Commission said it found the capital control measures "prima facie justified"."Maintaining financial stability is the main and immediate challenge for the country", the commissioner for financial services Jonathan Hill said in a statement.He added: "While the imposed restrictive measures appear necessary and proportionate at this time, the free movement of capital will however need to be reinstated as soon as possible in the interest of the Greek economy, the eurozone, and the European Union's single market as a whole".
Chinese PM calls for EU deal on Greece By Peter Teffer-june 29,15-euobserver
Brussels, Today, 17:44-Chinese prime minister Li Keqiang spoke out against a Grexit on Monday (29 June) and urged Greece's creditors to reach an agreement with Athens.The Chinese leader spoke in unusually direct terms about the debt crisis in a speech at an EU-China business summit in Brussels, noting that the European Union “is in a crucial stage”.“Let me reiterate that China always supports European integration and that China hopes to see a prosperous Europe, a united European Union and a strong euro”, Li said.
“Yes”, he added, the Greek debt crisis is “an internal affair of the EU.”“However, the issue whether Greece stays within the eurozone not only concerns the stability of the euro, but also … the stability and economic recovery of the whole world".Li went on to say that China “would like to see Greece stay in the eurozone”.
“China is a true friend of Greece and of the EU”, he noted.He made his remarks following a turbulent weekend for Greece and the eurozone, in which Greece broke off talks with its creditors, announced a referendum, and introduced capital controls.The sudden crisis upset the schedule of the China event, which was supposed to see speeches by Li and by commission president Jean-Claude Juncker in the morning.
At the last minute the session with Li and Juncker was rescheduled from the 10:00-11:00am slot, to 3:15pm Brussels time.“I don't know how to apologise”, said Juncker, when he opened his speech, addressing Li.“I had to do what I had to do this morning. We are trying to resolve what we call the Greek debt crisis. I had to spend some hours on that”, he noted, adding he would have preferred to spend more time with the Chinese leader.“On my knees, I'm apologising”, he said, after which he went on to say he is “a great admirer of China”.Juncker said that as prime minister of Luxembourg he visited China several times and joked that “the Chinese secret service will know how often I was in China”.He invited China to invest in Europe and said the EU “is a strong and reliable partner for China”.Juncker said that “as friends”, China and the EU could be frank with each other, and that human rights are important to the EU.“I don't want to lecture China on human rights … [But] we have to discuss when it comes to these issues”, he noted.At the end of his speech, Juncker apologised again, saying: “Blame Greece, not me.”
Some 17,000 anti-bailout demonstrators rally in Greece-AFP-JUNE 29,15-YAHOONEWS
Athens (AFP) - Some 17,000 people took to the streets of Athens and Thessaloniki on Monday to say 'No' in an upcoming referendum on the latest bailout proposals, accusing Greece's international creditors of blackmail."Our lives do not belong to the creditors!" read banners held aloft by demonstrators, many of whom support Prime Minister Alexis Tsipras and said they would heed his call to vote against the latest deal in Sunday's referendum -- despite risks it could send the country crashing out of the eurozone."The people of Greece have made many sacrifices. What interests me is not the euro but guaranteeing a dignified way of life for the next generations," 50-year-old Vanguelis Tseres, who has been unemployed since the start of the debt crisis in 2010, told AFP in Syntagma square in the capital.European leaders had earlier Monday pleaded with Greek voters to back the hotly disputed bailout proposals or face leaving the euro.European Commission chief Jean-Claude Juncker warned Greeks they "shouldn't choose suicide just because you are afraid of death," urging them to vote 'Yes' as a 'No' vote would be a no to Europe.But Loula Bakrina, a petite blonde, said she "will say no because I want my children to be free."Police estimated some 13,000 people were gathered in front of parliament in Athens, with another 4,000 in Thessaloniki, the country's second largest city.A counter-demonstration in favour of the bailout deal was due to be held on Tuesday -- the same day the country's current bailout deal expires and it is expected to default on a key debt payment." Today, those who stand tall are here. Tomorrow it will be those on all fours," demonstrator Trintafilos said, mocking people expected to gather in Syntagma in a rally against the government's handling of the crisis.Tsipras shocked EU leaders by announcing his intention to put the latest bailout offer to a popular vote, effectively thrusting a stick in the negotiation wheels despite a June 30 deadline to repay money to the International Monetary Fund (IMF).The radical left, which came to power in January promising a new bailout deal, insists Greece has suffered enough austerity, with Tsipras accusing international creditors of wanting to "humiliate" the country.Greece has already endured five years of recession, while unemployment has more than doubled from since 2009 to 25.6 percent this year and pensions and benefits have been roughly halved."All these years we've being saying yes, it's about time we say something different, just to see what happens," said artist Andonia Klogirou, demonstrating in Athens.Nearby, teacher Pinalope Sinodinou said she would vote no at the referendum "so we can have our dignity back. We want to be able to have our own opinions, not ones that are forced upon us."
How big a deal is Puerto Rico debt crisis?-No US state has had, in recent memory, the kind of large-scale debt restructuring that's being talked about for Puerto Rico. Still, the crisis may have only a limited effect on financial markets.Christian Science Monitor By Kevin Truong-JUNE 29,15-YAHOONEWS
Puerto Rico’s governor says that the territory’s $72 billion in public debt is unpayable and that large-scale restructuring of the debt is required."There is no other option. I would love to have an easier option. This is not politics, this is math," Gov. Alejandro García Padilla told The New York Times.The comments by the island’s chief executive came as a report was released Monday about Puerto Rico’s economy, laying out a grim picture of the island’s financial health. The report suggests, among other things, debt restructuring through bond exchanges.No US state has had a large-scale debt restructuring of this type in recent memory. "There is no U.S. precedent for anything of this scale or scope," according to the report, whose lead author is Anne Krueger, a former chief economist at the World Bank.Just how big a deal is this? While the debt restructuring would be unprecedented, some analysts are taking a measured approach to the situation.Jose Villamil, a former United Nations consultant and CEO of an economic and planning consulting firm, says he believes that the news will have only a limited effect on financial markets, because it has been known for some time that Puerto Rico has been heading for debt restructuring or default."The last four administrations have kicked the can down the road," Mr. Villamil told the Associated Press.But the situation is now critical. "At this point, there is no more can to kick. So we're going to take some very strict measures and some very profound measures. It's going to hurt, but there's no way out," Villamil said, according to AP.News of the crisis comes amid the high-profile economic challenges of Greece. That country’s government is scrambling to prevent a financial collapse.In the United States in the past decade, a number of municipalities have defaulted – most notably Detroit in 2013. But even in comparison with Detroit, which holds the record for the largest US municipal bankruptcy, Puerto Rico has debt that is staggering. Its bonds have a face value roughly eight times that of Detroit’s bonds.In his interview with the Times, Governor García Padilla said Puerto Rico would seek concessions from possibly all its creditors, which could take the form of debt deferments or extensions of payment timetables. He called on creditors to "share the sacrifices" of the island’s residents, who have shouldered some of the burden through tax increases.Additionally challenging for Puerto Ricans, the island's constitution puts its commitment to pay creditors over all other concerns, including pension payments."This is a daunting agenda politically, legally, and organizationally," the so-called Krueger report states. "It is also an urgent one: the government’s cash balances can evaporate in the face of delays, reducing the room for maneuver and intensifying the crisis."Puerto Rico’s problems started in the mid-2000s, when a federal tax subsidy for manufacturing on the island expired, leading to an exodus of employers and workers for the mainland.Beset with issues like unemployment and revenue shortfalls, the government took to borrowing to balance the budget, until Puerto Rico’s credit level was downgraded to junk status last year. In 2000, its debt was about 63 percent of gross national product, whereas this year, it is projected to be 100 percent of GNP, according to the Krueger report.In a further challenge, Puerto Rico cannot legally file for Chapter 9 bankruptcy protection under US rules. The Kruger report looks to the federal government for help in dealing with this particular issue, calling on Congress to lift the exclusion of the island from the nation’s bankruptcy code.
ISRAEL SATAN COMES AGAINST
1 CHRONICLES 21:1
1 And Satan stood up against Israel, and provoked David to number Israel.
GENESIS 12:1-3
1 Now the LORD had said unto Abram, Get thee out of thy country, and from thy kindred, and from thy father’s house, unto a land that I (GOD) will shew thee:
2 And I will make of thee a great nation, and I will bless thee, and make thy name great; and thou shalt be a blessing:
3 And I will bless them that bless thee,(ISRAELIS) and curse (DESTROY) him that curseth thee:(DESTROY THEM) and in thee shall all families of the earth be blessed.
ISAIAH 41:11
11 Behold, all they that were incensed against thee (ISRAEL) shall be ashamed and confounded: they shall be as nothing;(DESTROYED) and they that strive with thee shall perish.(ISRAEL HATERS WILL BE TOTALLY DESTROYED)
ISRAELS TROUBLE
JEREMIAH 30:7
7 Alas! for that day is great, so that none is like it: it is even the time of Jacob’s trouble;(ISRAEL) but he shall be saved out of it.
DANIEL 12:1,4
1 And at that time shall Michael(ISRAELS WAR ANGEL) stand up, the great prince which standeth for the children of thy people:(ISRAEL) and there shall be a time of trouble, such as never was since there was a nation(May 14,48) even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.
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,(WORLD TRAVEL,IMMIGRATION) and knowledge shall be increased.(COMPUTERS,CHIP IMPLANTS ETC)
Israel blocks foreign activist flotilla from reaching Gaza-JUNE 29,15-YAHOONEWS-Reuters
JERUSALEM (Reuters) - Israeli forces boarded a boat leading a protest flotilla of foreign activists to the blockaded Palestinian enclave of Gaza on Monday and forced it to sail to an Israeli port, the Israeli military said.Activists said the boat also carried a group of journalists and politicians, among them former Tunisian President Moncef Marzouki and a European Parliament lawmaker for Spain.Israeli troops boarded the boat in international waters then searched and seized it, an Israeli military statement said. No bloodshed was reported.The flotilla was the latest in a series of such voyages across the Mediterranean in protest against Israel's nine-year blockade of Islamist Hamas-dominated Gaza.In 2010, Israeli commandos killed 10 Turkish activists when they commandeered their vessel in the Mediterranean Sea, causing a diplomatic row between Turkey and Israel.The Israeli statement said: "After exhausting all diplomatic channels the Israeli government ordered the Israeli Navy to redirect the vessel in order to prevent breach of the naval blockade."
It said troops searched the vessel and then escorted it to the Israeli port of Ashdod. The passengers would be handed over to immigration authorities and deported.The pro-Palestinian International Solidarity Movement said the five-vessel flotilla had been led by a converted fishing trawler called the "Marianne of Gothenburg" with about 50 activists from 17 countries, including an Israeli Arab lawmaker.Former Tunisian President Moncef Marzouki was among 18 people on board the "Marianne," flotilla spokeswoman Ann Ighe said. Marzouki, 69, was elected after a 2011 uprising and led Tunisia until 2014.Ana Maria Miranda Paz, a European Parliament member from Spain, was also on board, Ighe said.Activists said the boats had set sail on Sunday with a cargo of solar panels intended to help alleviate electricity shortages in Gaza, as well as medical equipment for the impoverished territory, home to 1.7 million Palestinians.(Reporting by Allyn Fisher-Ilan, Editing by Angus MacSwan)
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:(CONFISCATED) 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.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
UPDATED-JUNE 29,2015-04:16PM
THE DOW WAS DOWN 350.33 PONTS IN AMERICA TODAY.THE BIGGEST LOSS ALL YEAR.AS A RESULT OF THE GREECE SITUATION.IN FACT THE STOCK MARKETS AROUND THE WORLD WERE MOSTLY ALL DOWN.AND SINCE THIS BANK CLOSINGS BY GREECE WILL LAST TILL JULY 6,15.FOR THE NEXT WEEK.WE CAN EXPECT A VOLITAL WORLD STOCK MARKET.
BANK FOR INTERNATIONAL SETTLEMENTS
https://www.bis.org/
Global financial markets remain dependent on central banks-28 June 2015
https://www.bis.org/publ/arpdf/ar2015e2.htm
The international monetary and financial system-28 June 2015
https://www.bis.org/publ/arpdf/ar2015e5.htm
THE BANK FOR INTERNATIONAL SETTLEMENTS IS THE CENTRAL BANK OF THE WORLD THAT LENDS ONLY TO CENTRAL BANKERS AROUND THE GLOBE.THE IMF LENDS TO THE COUNTRIES BANKS OF THE WORLD.BETWEEN THIS BANK AND THE IMF I BELIEVE WILL BE THE BANKS OF THE WORLD.THE IMF THE WORLD BANK AND THE POLICEMAN OF THE IMF THE BANK FOR INTERNATIONAL SETTLEMENTS WHERE WE PAY OUT CAP & TRADE,CLIMATE,ENERGY SCAM TAXES TOO TO PAY FOR THE WORLD GOVERNMENT.THE GLOBAL CURRENCY WILL BE THE SDRS OR SPECIAL DRAWING RIGHTS UNTILL THE EU INVENTS THE WORLD MICROCHIP IMPLANT SYSTEM THEN THE EU WILL MAKE ALL TAKE THE IMPLANT OR BE MURDERED.FORCE THE WORLD INTO FULLOUT INFLATION,SKYROCKETING FOOD PRICES AND A 50CENT DOLLAR.
Committee on the Global Financial System-BIS
The Committee on the Global Financial System (CGFS), which is chaired by William C Dudley, President and Chief Executive Officer of the Federal Reserve Bank of New York, monitors developments in global financial markets for central bank Governors.The Committee has a mandate to identify and assess potential sources of stress in global financial markets, to further the understanding of the structural underpinnings of financial markets, and to promote improvements to the functioning and stability of these markets. It fulfils this mandate by way of regular monitoring discussions among CGFS members, through coordinated longer-term efforts, including working groups involving central bank staff, and through the various reports that the CGFS publishes. The CGFS also oversees the collection of the BIS international banking and financial statistics.The CGFS, formerly known as the Euro-currency Standing Committee, was established in 1971 with a mandate to monitor international banking markets. Its initial focus was on the monetary policy implications of the rapid growth of off-shore deposit and lending markets, but attention increasingly shifted to financial stability questions and to broader issues related to structural change in the financial system. Reflecting this change in focus, the G10 Governors decided on 8 February 1999 to rename the Committee and to revise its mandate. As of January 2010, the Chairman of the CGFS reports to the Global Economy Meeting, which comprises a group of 31 central bank Governors as members.
UNDERSTANDING WORLD GOVERNMENT
http://www.womensgroup.org/
http://video.google.com/videoplay?docid=504526035342184251
BANK OF INTERNATIONAL SETTLEMENT PRESS
http://www.bis.org/events/agm2009/pcvideo.htm
BANK FOR INTERNATIONAL SETTLEMENTS PAPER 17 REGIONAL AREAS OF THE WORLD AND CURRENCIES
http://www.bis.org/publ/bppdf/bispap17.pdf
BANK FOR INTERNATIONAL SETTLEMENTS SITE
http://www.bis.org/
G-10 PRESS RELEASES FROM BANK FOR INTERNATIONAL SETTLEMENTS
http://www.bis.org/list/press_releases/said_12/index.htm
BIS ANNUAL REPORTS
http://www.bis.org/list/press_releases/said_10/index.htm
CENTRAL BANKERS SPEECHES
http://www.bis.org/list/cbspeeches/index.htm
BANK FOR INTERNATIONAL SETTLEMENTS-NEW WORLD ORDER-JULY 10,10 HOURS 1 & 2
http://www.olivetreeviews.org/radio/mp3/
US stocks notch worst day of year as Greek crisis escalates-Associated Press By MATTHEW CRAFT-JUNE 29,15-YAHOONEWS
NEW YORK (AP) — Stocks are closing with their biggest losses of the year as investors worry about fallout from Greece's worsening debt crisis.Greece is moving closer to defaulting on its debt and could be forced to abandon the euro currency.The Dow Jones industrial average dropped 350 points, or 2 percent, to 17,596 Monday.The Standard & Poor's 500 index sank 43 points, or 2.1 percent, to 2,057.The Nasdaq composite tumbled 122 points, or 2.4 percent, to 4,958.European markets fell even more. Stocks fell 3.6 percent in Germany and 3.7 percent in France.Bond prices rose sharply as investors sought safety. The yield on the 10-year Treasury note fell to 2.32 percent.
Greece to fall into IMF 'arrears'-By Andrew Rettman-june 29,15-euobserver
BRUSSELS, Today, 20:37-Greece’s non-repayment to the International Monetary Fund (IMF) on Tuesday (30 June) doesn’t mean it’s bankrupt, but it could prompt bankruptcy quickly enough.The money, almost €1.6 billion, is due in the IMF’s bank account by 6pm Washington time.Normally, the debtor country would inform the IMF the day before that it had lodged a payment order at its central bank and that the money would be transferred in 24 hours.Instead, a Greek official told the Reuters news agency on Monday the money isn’t coming.The non-payment will, in technical terms, put Greece in IMF “arrears” rather than in “default”.It means it won’t be eligible for IMF aid until the bill is paid and the IMF will send it warning letters from time to time.If it still doesn’t pay after two years or so, it will fall into “protracted arrears”, joining Somalia, Sudan, and Zimbabwe. Its IMF board voting rights could be suspended. If the IMF thinks it’ll never pay, it could be expelled. But this has never happened.The institutions which use the nomenclature “default” are the major ratings agencies, the US-based firms Fitch, Moody’s, and S&P.They’ve already said they’ll declare Greece to be in “default” only if if fails to pay back private sector debts, not public ones.
Greece’s next private sector repayment is €143 million of Japanese-denominated debt on 14 July, the financial newswire, Bloomberg, says.Greece’s ability to honour it, and any other payments, will depend on the European Central Bank (ECB).
ECB
The ECB is currently keeping Greece and its banks afloat using Emergency Liquidity Assistance (ELA).
It means Greek banks borrow money from the ECB on a daily basis using Greek government bonds, or “t-bills”, as collateral.The ECB has already imposed a 35 percent or so penalty, or haircut, on most t-bills, meaning that for every €135 of collateral the banks give, they get €100 in cash in return.But if the ECB board decides the t-bills are worthless because Greece didn’t pay the IMF, it’ll stop.If it decides to raise the haircut, the Greek banks might not be able to bear it.An official with knowledge of IMF and ECB procedure told EUobserver on Monday: “The ECB board is talking about this on a daily basis: ‘How much in t-bills do we accept? What kind of haircut do we apply?’.”“They key question is what does the ECB make of the IMF arrears? If it decides the t-bills are worthless as collateral, then the Greek banks will become insolvent and the ECB, as a single supervisor, would be forced to close them down”.The official noted the ECB has “no precedent” for the current situation.He added, on the ECB’s thinking: “How can Greece be trusted to pay back less-preferred creditors if it doesn’t pay back it’s preferred creditor [the IMF]?”.
Merry-go-round
A contact at a leading German bank, who asked not to be named, noted that the ECB decision is also linked to private sector repayments, in what amounts to a merry-go-round of decision-making.If Greece doesn’t pay back a private bond and the ratings agencies say it’s in “default”, the ECB is also obliged to stop ELA.The €143mn Japanese bond was bought in 1995.The German bank contact noted that, due to Greece’s years-old problems, it “holds relatively few private bonds at this time”.But he added: “It would be better for them to pay back whatever they do hold”.
Referendum
For its part, Austria’s Raifeissen Bank, noted that the Greek referendum, on 5 July, adds yet more risk.It said in a flash analysis on Monday that if Greek voters say No to creditors’ terms, the ECB’s first reaction is likely to increase the haircut.It’s next step would be to insist Greece repays €3.5 billion of t-bills due on 20 July. But with no bailout, it couldn’t do so, the ELA would stop, and Greece would go bust.Raifeissen said the ECB could, in theory, recapitalise Greek banks. But with a referendum No and with the far-left Syriza party in power “it remains only a theoretical option”.“Consequently, Greece would be forced to independently carry out recapitalisation of banks with a new currency - which is equal to exit from the monetary union”.
Best case
The Austrian bank said even a referendum Yes poses difficulties.It said a Yes would mean new elections due to Syriza’s “massive loss of credbility”.The shortest delay between new elections and a new government is 30 days. But it’s fanciful to imagine that a new, pro-creditor coalition could form so quickly.In the meantime, Greece would have to maintain capital controls.It would also have to pay ECB t-bills, other IMF debt tranches, and pensions and public sector wages in what Raifeissen called “a parallel currency” or “IOUs” .The official with knowledge of IMF and ECB procedures noted that good will goes a long way, however. With Greece in IMF “arrears”, the IMF cannot take part in a new bailout which Greece would need to pay back the arrears, creating a Catch-22.But the official said a saviour country could give Greece a “bridging loan”, lasting just a few days, to pay the arrears, and Greece could use the new bailout to pay back the loan.He said the US already did it for Peru in the 1990s.
Greeks can withdraw €60 a day By Eric Maurice-june 29,15-euobserver
BRUSSELS, Today, 09:29-Greek banks did not open Monday (29 June), beginning a week full of financial and political uncertainties for Greece and the eurozone.Greek prime minister Alexis Tsipras Sunday announced a bank holiday for the six days in the run-up to the referendum on 5 July, where Greek citizens are to be asked their opinion on reform proposals by the country’s creditors.Large queues formed in front of Greek banks on Sunday night, and many banks were reportedly out of cash Monday morning.Starting from Monday, and until 6 July, Greeks will only be able to withdraw just €60 a day, and any transfer of money to another country will have to be approved by the government.People with foreign cards will not be affected by the withdrawal limit, a measure designed to reassure tourists as the summer season starts.Several countries including Germany, the Netherlands, Belgium, and the UK have issued warnings to holiday makers, advising them to take as much cash as possible with them.Credit card payments are not affected by the capital control measures. Tsipras also said on Sunday that the electronic payment of pensions and wages would be guaranteed.But some pensioners, who have no credit card and almost no cash in their pockets, were waiting outside banks on Monday morning, according to reports. The authorities were considering making an exception and opening banks just for them on the day.The minister for citizens' protection met police authorities and asked them to increase the number of patrols in the country, especially around banks, for fear of social unrest.There were unconfirmed reports on Monday morning that the police is now stationed at previously unguarded parts of the parliament in Athens.The bank holiday is part of capital controls decided after the European Central Bank decided to leave untouched the level of the Emergency Liquidity Assistance to the Greek banks, at €89 billion.The decision allowed Greek banks to dispose of capital but not to compensate the massive withdrawals which have been accelerating in recent weeks.According to Greek banking sources, €1.3 billion was withdrawn on Saturday and Sunday morning after Tsipras announced the referendum, triggering a collapse of the negotiations with Greece's creditors in Brussels.Early on Sunday afternoon, finance minister Yanis Varoufakis was still saying on Twitter: "Capital controls within a monetary union are a contradiction in terms. The Greek government opposes the very concept."But the fear of a bank run and collapse of the Greek banking system pushed Tsipras to announce capital controls in a television address to the country.Tsipras said that the rejection, by the Eurogroup, on Saturday of his government's demand for an extension of the bailout programme after 30 June "was an unprecedented act by European standards, questioning the right of a sovereign people to decide"."This decision led the ECB today to limit the liquidity available to Greek banks and forced the Greek central bank to suggest a bank holiday and restrictions on bank withdrawals", he said.Greeks also queued at petrol station on Sunday night, prompting the authorities to issue a statement saying there is enough "fuel reserves for several months".The Athens Stock Market will also close for a week.On Monday morning, the European Commission said it found the capital control measures "prima facie justified"."Maintaining financial stability is the main and immediate challenge for the country", the commissioner for financial services Jonathan Hill said in a statement.He added: "While the imposed restrictive measures appear necessary and proportionate at this time, the free movement of capital will however need to be reinstated as soon as possible in the interest of the Greek economy, the eurozone, and the European Union's single market as a whole".
Chinese PM calls for EU deal on Greece By Peter Teffer-june 29,15-euobserver
Brussels, Today, 17:44-Chinese prime minister Li Keqiang spoke out against a Grexit on Monday (29 June) and urged Greece's creditors to reach an agreement with Athens.The Chinese leader spoke in unusually direct terms about the debt crisis in a speech at an EU-China business summit in Brussels, noting that the European Union “is in a crucial stage”.“Let me reiterate that China always supports European integration and that China hopes to see a prosperous Europe, a united European Union and a strong euro”, Li said.
“Yes”, he added, the Greek debt crisis is “an internal affair of the EU.”“However, the issue whether Greece stays within the eurozone not only concerns the stability of the euro, but also … the stability and economic recovery of the whole world".Li went on to say that China “would like to see Greece stay in the eurozone”.
“China is a true friend of Greece and of the EU”, he noted.He made his remarks following a turbulent weekend for Greece and the eurozone, in which Greece broke off talks with its creditors, announced a referendum, and introduced capital controls.The sudden crisis upset the schedule of the China event, which was supposed to see speeches by Li and by commission president Jean-Claude Juncker in the morning.
At the last minute the session with Li and Juncker was rescheduled from the 10:00-11:00am slot, to 3:15pm Brussels time.“I don't know how to apologise”, said Juncker, when he opened his speech, addressing Li.“I had to do what I had to do this morning. We are trying to resolve what we call the Greek debt crisis. I had to spend some hours on that”, he noted, adding he would have preferred to spend more time with the Chinese leader.“On my knees, I'm apologising”, he said, after which he went on to say he is “a great admirer of China”.Juncker said that as prime minister of Luxembourg he visited China several times and joked that “the Chinese secret service will know how often I was in China”.He invited China to invest in Europe and said the EU “is a strong and reliable partner for China”.Juncker said that “as friends”, China and the EU could be frank with each other, and that human rights are important to the EU.“I don't want to lecture China on human rights … [But] we have to discuss when it comes to these issues”, he noted.At the end of his speech, Juncker apologised again, saying: “Blame Greece, not me.”
Some 17,000 anti-bailout demonstrators rally in Greece-AFP-JUNE 29,15-YAHOONEWS
Athens (AFP) - Some 17,000 people took to the streets of Athens and Thessaloniki on Monday to say 'No' in an upcoming referendum on the latest bailout proposals, accusing Greece's international creditors of blackmail."Our lives do not belong to the creditors!" read banners held aloft by demonstrators, many of whom support Prime Minister Alexis Tsipras and said they would heed his call to vote against the latest deal in Sunday's referendum -- despite risks it could send the country crashing out of the eurozone."The people of Greece have made many sacrifices. What interests me is not the euro but guaranteeing a dignified way of life for the next generations," 50-year-old Vanguelis Tseres, who has been unemployed since the start of the debt crisis in 2010, told AFP in Syntagma square in the capital.European leaders had earlier Monday pleaded with Greek voters to back the hotly disputed bailout proposals or face leaving the euro.European Commission chief Jean-Claude Juncker warned Greeks they "shouldn't choose suicide just because you are afraid of death," urging them to vote 'Yes' as a 'No' vote would be a no to Europe.But Loula Bakrina, a petite blonde, said she "will say no because I want my children to be free."Police estimated some 13,000 people were gathered in front of parliament in Athens, with another 4,000 in Thessaloniki, the country's second largest city.A counter-demonstration in favour of the bailout deal was due to be held on Tuesday -- the same day the country's current bailout deal expires and it is expected to default on a key debt payment." Today, those who stand tall are here. Tomorrow it will be those on all fours," demonstrator Trintafilos said, mocking people expected to gather in Syntagma in a rally against the government's handling of the crisis.Tsipras shocked EU leaders by announcing his intention to put the latest bailout offer to a popular vote, effectively thrusting a stick in the negotiation wheels despite a June 30 deadline to repay money to the International Monetary Fund (IMF).The radical left, which came to power in January promising a new bailout deal, insists Greece has suffered enough austerity, with Tsipras accusing international creditors of wanting to "humiliate" the country.Greece has already endured five years of recession, while unemployment has more than doubled from since 2009 to 25.6 percent this year and pensions and benefits have been roughly halved."All these years we've being saying yes, it's about time we say something different, just to see what happens," said artist Andonia Klogirou, demonstrating in Athens.Nearby, teacher Pinalope Sinodinou said she would vote no at the referendum "so we can have our dignity back. We want to be able to have our own opinions, not ones that are forced upon us."
How big a deal is Puerto Rico debt crisis?-No US state has had, in recent memory, the kind of large-scale debt restructuring that's being talked about for Puerto Rico. Still, the crisis may have only a limited effect on financial markets.Christian Science Monitor By Kevin Truong-JUNE 29,15-YAHOONEWS
Puerto Rico’s governor says that the territory’s $72 billion in public debt is unpayable and that large-scale restructuring of the debt is required."There is no other option. I would love to have an easier option. This is not politics, this is math," Gov. Alejandro García Padilla told The New York Times.The comments by the island’s chief executive came as a report was released Monday about Puerto Rico’s economy, laying out a grim picture of the island’s financial health. The report suggests, among other things, debt restructuring through bond exchanges.No US state has had a large-scale debt restructuring of this type in recent memory. "There is no U.S. precedent for anything of this scale or scope," according to the report, whose lead author is Anne Krueger, a former chief economist at the World Bank.Just how big a deal is this? While the debt restructuring would be unprecedented, some analysts are taking a measured approach to the situation.Jose Villamil, a former United Nations consultant and CEO of an economic and planning consulting firm, says he believes that the news will have only a limited effect on financial markets, because it has been known for some time that Puerto Rico has been heading for debt restructuring or default."The last four administrations have kicked the can down the road," Mr. Villamil told the Associated Press.But the situation is now critical. "At this point, there is no more can to kick. So we're going to take some very strict measures and some very profound measures. It's going to hurt, but there's no way out," Villamil said, according to AP.News of the crisis comes amid the high-profile economic challenges of Greece. That country’s government is scrambling to prevent a financial collapse.In the United States in the past decade, a number of municipalities have defaulted – most notably Detroit in 2013. But even in comparison with Detroit, which holds the record for the largest US municipal bankruptcy, Puerto Rico has debt that is staggering. Its bonds have a face value roughly eight times that of Detroit’s bonds.In his interview with the Times, Governor García Padilla said Puerto Rico would seek concessions from possibly all its creditors, which could take the form of debt deferments or extensions of payment timetables. He called on creditors to "share the sacrifices" of the island’s residents, who have shouldered some of the burden through tax increases.Additionally challenging for Puerto Ricans, the island's constitution puts its commitment to pay creditors over all other concerns, including pension payments."This is a daunting agenda politically, legally, and organizationally," the so-called Krueger report states. "It is also an urgent one: the government’s cash balances can evaporate in the face of delays, reducing the room for maneuver and intensifying the crisis."Puerto Rico’s problems started in the mid-2000s, when a federal tax subsidy for manufacturing on the island expired, leading to an exodus of employers and workers for the mainland.Beset with issues like unemployment and revenue shortfalls, the government took to borrowing to balance the budget, until Puerto Rico’s credit level was downgraded to junk status last year. In 2000, its debt was about 63 percent of gross national product, whereas this year, it is projected to be 100 percent of GNP, according to the Krueger report.In a further challenge, Puerto Rico cannot legally file for Chapter 9 bankruptcy protection under US rules. The Kruger report looks to the federal government for help in dealing with this particular issue, calling on Congress to lift the exclusion of the island from the nation’s bankruptcy code.
ISRAEL SATAN COMES AGAINST
1 CHRONICLES 21:1
1 And Satan stood up against Israel, and provoked David to number Israel.
GENESIS 12:1-3
1 Now the LORD had said unto Abram, Get thee out of thy country, and from thy kindred, and from thy father’s house, unto a land that I (GOD) will shew thee:
2 And I will make of thee a great nation, and I will bless thee, and make thy name great; and thou shalt be a blessing:
3 And I will bless them that bless thee,(ISRAELIS) and curse (DESTROY) him that curseth thee:(DESTROY THEM) and in thee shall all families of the earth be blessed.
ISAIAH 41:11
11 Behold, all they that were incensed against thee (ISRAEL) shall be ashamed and confounded: they shall be as nothing;(DESTROYED) and they that strive with thee shall perish.(ISRAEL HATERS WILL BE TOTALLY DESTROYED)
ISRAELS TROUBLE
JEREMIAH 30:7
7 Alas! for that day is great, so that none is like it: it is even the time of Jacob’s trouble;(ISRAEL) but he shall be saved out of it.
DANIEL 12:1,4
1 And at that time shall Michael(ISRAELS WAR ANGEL) stand up, the great prince which standeth for the children of thy people:(ISRAEL) and there shall be a time of trouble, such as never was since there was a nation(May 14,48) even to that same time: and at that time thy people shall be delivered, every one that shall be found written in the book.
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,(WORLD TRAVEL,IMMIGRATION) and knowledge shall be increased.(COMPUTERS,CHIP IMPLANTS ETC)
Israel blocks foreign activist flotilla from reaching Gaza-JUNE 29,15-YAHOONEWS-Reuters
JERUSALEM (Reuters) - Israeli forces boarded a boat leading a protest flotilla of foreign activists to the blockaded Palestinian enclave of Gaza on Monday and forced it to sail to an Israeli port, the Israeli military said.Activists said the boat also carried a group of journalists and politicians, among them former Tunisian President Moncef Marzouki and a European Parliament lawmaker for Spain.Israeli troops boarded the boat in international waters then searched and seized it, an Israeli military statement said. No bloodshed was reported.The flotilla was the latest in a series of such voyages across the Mediterranean in protest against Israel's nine-year blockade of Islamist Hamas-dominated Gaza.In 2010, Israeli commandos killed 10 Turkish activists when they commandeered their vessel in the Mediterranean Sea, causing a diplomatic row between Turkey and Israel.The Israeli statement said: "After exhausting all diplomatic channels the Israeli government ordered the Israeli Navy to redirect the vessel in order to prevent breach of the naval blockade."
It said troops searched the vessel and then escorted it to the Israeli port of Ashdod. The passengers would be handed over to immigration authorities and deported.The pro-Palestinian International Solidarity Movement said the five-vessel flotilla had been led by a converted fishing trawler called the "Marianne of Gothenburg" with about 50 activists from 17 countries, including an Israeli Arab lawmaker.Former Tunisian President Moncef Marzouki was among 18 people on board the "Marianne," flotilla spokeswoman Ann Ighe said. Marzouki, 69, was elected after a 2011 uprising and led Tunisia until 2014.Ana Maria Miranda Paz, a European Parliament member from Spain, was also on board, Ighe said.Activists said the boats had set sail on Sunday with a cargo of solar panels intended to help alleviate electricity shortages in Gaza, as well as medical equipment for the impoverished territory, home to 1.7 million Palestinians.(Reporting by Allyn Fisher-Ilan, Editing by Angus MacSwan)
