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
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.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
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.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-OCTOBER 05,2015-12:00AM
DOW MARKET MONDAY-OCT 05,2015
09:30AM-118.19
10:00AM-188.96
10:30AM-189.51
11:00AM-172.41
11:30AM-191.84
12:00PM-199.03
12:30PM-219.61
01:00PM-235.50
01:30PM-253.45
02:00PM-264.37
02:30PM-305.76
03:00PM-294.64
03:30PM-303.52
04:00PM-304.06+ 16,776.43
HIGH +325 LOW +100
TSX +212.46 13,552.20 - GOLD -$2.20 $1,134.40 - OIL +$0.87 $46.41
S&P 500 logs 5-session win streak as stocks rally-Published: Oct 5, 2015 4:04 p.m. ET-market watch-By Anora Mahmudova-Reporter
The Dow Jones Industrial Average scored its biggest daily gain in about a month, jumping more than 300 points as industrials led the rally on Monday. The S&P 500 finished with gains for the fifth straight session, its longest winning stretch since last December. The S&P 500 SPX, +1.83% closed 35.69 points, or 1.8%, higher at 1,987.05. The Dow Jones Industrial Average DJIA, +1.85% jumped 304.06 points, or 1.9%, to 16,776.43. The Nasdaq Composite COMP, +1.56% advanced 73.49 points, or 1.6%, to 4,781.26 and turned positive for the year.
Saudi Aramco Cuts Crude Pricing to Asia, U.S. Amid Weak Demand-Anthony Dipaola-Updated on October 4, 2015 — 5:00 PM EDT-bloomberg
Saudi Arabia cut pricing for November oil sales to Asia and the U.S. as the world’s largest crude exporter seeks to keep its barrels competitive with rival suppliers amid sluggish demand.Saudi Arabian Oil Co. reduced its official selling price for Medium grade crude to Asia next month to a discount of $3.20 a barrel below the regional benchmark, compared with a $1.30 discount for October sales, the company said Sunday in an e-mailed statement. The discount for the Medium grade to Asia, the main market for Saudi crude, widened by the most since the state-owned company made a $2 a barrel cut in February 2012, according to data compiled by Bloomberg.Brent crude, a global benchmark, tumbled almost 50 percent last year as Saudi Arabia and other OPEC members chose to protect market share instead of decreasing output to boost prices. Brent fell from more than $100 a barrel in July 2014 to less than half that amount six months later and traded below $50 a barrel on average in September.“They needed to cut pricing to keep Saudi crude competitive with other grades,” Robin Mills, a Dubai-based analyst at Manaar Energy Consulting, said by phone. “Demand has been a bit weaker, leading to the cuts.”Al-Naimi Comments-Saudi Arabia will continue investing in oil production even amid the low prices, Ali Al-Naimi, the country’s oil minister said in a speech in Istanbul, in comments reported by state-run Saudi Press Agency Friday. Volatile oil prices affect investments, creating a situation that’s not good for producers or consumers, he said.Saudi Aramco, as the producer is known, widened the discount for Arab Light crude to Asia by $1.70 a barrel to $1.60 a barrel less than the benchmark, according to the statement. The cut was smaller than the median estimate of a $1.90 a-barrel reduction expected by seven refiners and traders in Asia surveyed by Bloomberg last week. The decrease was the deepest since January.The company trimmed November pricing for its Light, Medium and Heavy grades to the U.S. by 30 cents a barrel each. Medium crude will sell at a discount of 85 cents a barrel to the regional benchmark, the widest since March.Europe Sales-The company raised price levels for the same three grades for buyers in Northwest Europe. It trimmed pricing on Light, Medium and Heavy sold to the Mediterranean region.The Organization of Petroleum Exporting Countries, of which Saudi Arabia is the largest producer, decided in December and again in June to keep its production target unchanged at 30 million barrels a day. OPEC has exceeded this official target every month since May 2014.Saudi Arabia boosted output to a record 10.48 million barrels a day in June, according to the International Energy Agency. The kingdom pumped 10.3 million barrels daily last month as it exited its peak summer period for domestic demand, data compiled by Bloomberg show.Middle Eastern producers are competing increasingly with cargoes from Latin America, North Africa and Russia for buyers in Asia. Producers in the Persian Gulf region sell mostly under long-term contracts to refiners. Most of the Gulf’s state oil companies price their crude at a premium or discount to a benchmark. For Asia, the benchmark is the average of Oman and Dubai oil grades.
VW Chief Warns Cheating Scandal May Threaten Company's Existence-Patrick Donahue-Updated on October 4, 2015 — 12:39 PM EDT-bloomberg
Volkswagen AG’s designated Chairman Hans Dieter Poetsch warned managers that the diesel-emissions scandal could pose “an existence-threatening crisis for the company,” as it pleaded for public trust with full-page ads in national newspapers.The German carmaker faces a Wednesday deadline to present a plan to fix some 2.8 million vehicles in its home market. Poetsch told managers last week he was certain the Wolfsburg, Germany-based carmaker will overcome the crisis with enough effort, according to Welt am Sonntag newspaper. Volkswagen and German industry have been rocked by charges, first made by U.S. regulators on Sept. 18, that the carmaker had used software to hoodwink regulators about the true emissions of its diesel cars for years. As owners of 11 million affected cars across the globe, regulators and investors await answers, the crisis has wiped out almost 30 billion euros ($34 billion) of the company’s value.As Volkswagen’s new chief executive officer, Matthias Mueller, vows to repair the damage, the carmaker undertook a media campaign that included a full-page mea culpa advertisement published in major German newspapers to mark the 25th anniversary of the country’s reunification.Instead of lauding a quarter century of German unity, the company used fine print on a broad white field to say it would dispense with celebratory expressions, instead assuring the public that it will resolve the crisis.“We just want to say one thing: We will do everything to win back your trust,” the carmaker said in the ad Sunday.-Merkel Statement-After mostly remaining silent on the cheating scandal, Chancellor Angela Merkel on Sunday called the disclosure by Germany’s largest carmaker “a dramatic event” and said Volkswagen must clarify the affair swiftly. She ruled out a longer-term impact on the country’s industry.“I believe that the reputation of German industry, the trust in Germany as a business location, hasn’t been so shaken that we won’t continue to be seen as a good business location,” Merkel told Deutschlandfunk radio in an interview.An internal investigation has already yielded several engineers who admitted to installing the fraudulent software in 2008 for EA 189 diesel-motor models, Bild am Sonntag newspaper reported Sunday. The decision for the regulatory work-around came as project engineers determined there was no way to meet both emissions standards and cost controls, a jam that threatened to bring the marquee project to a halt, Bild said.The result was a so-called defeat device that disengaged emissions controls when an auto wasn’t being tested, breaching emissions rules and prompting a raft of government investigations and lawsuits since the U.S. Environmental Protection Agency cited the violations last month.-More Executives-Volkswagen has also found more executives are involved in the scandal than previously acknowledged, a group bigger than just a few developers, Frankfurter Allgemeine Sonntagszeitung reported, citing officials close to the supervisory board.Volkswagen declined to comment on the German newspaper reports, company spokesman Eric Felber said by phone.Martin Winterkorn quit as CEO on Sept. 23. Audi development chief Ulrich Hackenberg, a Winterkorn confidante who was responsible for VW brand development in 2007 to 2013, and Wolfgang Hatz, who ran the group’s powertrain development from 2007 and 2011, are among others who will leave, according to people familiar with the matter.The manipulated software may have been put into parts supplied by Hanover, Germany- based Continental AG for 1.6-liter engines, Bild am Sonntag reported. Upgrading models with Continental parts would entail replacement parts, not just a software upgrade, Bild said.Another engine-parts supplier, Robert Bosch GmbH, warned VW in 2007 that its planned use of the software was illegal, Bild reported on Sept. 27.“We have no indication of any misuse of our technology,” Continental spokesman Felix Gress said by phone, adding that it wasn’t outfitted to gauge emissions.In contrast with Merkel, European Parliament President Martin Schulz, a German Social Democrat, said the scandal is a “grave blow for the German economy as a whole.”“It’s hard to believe the level of negligence and possibly even criminal activity was present here,” Schulz told the Funke group of German newspapers in an joint interview. “Still, I think Volkswagen is a strong company that has every chance to overcome the crisis.”
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
STOCK MARKET NEWS
http://israndjer.blogspot.ca/2015/10/the-dow-was-down-13-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/what-will-happen-from-rosh-hashana-on.html
http://israndjer.blogspot.ca/2015/10/day-5-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/day-4-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/we-have-got-big-banks-and-big-oil.html
http://israndjer.blogspot.ca/2015/09/day-3-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/day-2-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/day-1-of-general-assembly-dates-at.html
http://israndjer.blogspot.ca/2015/09/dow-was-droppin-331-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/the-dow-was-up-113-points-friday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-79-points-yesterday3-day.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-51-points-yesterday-no.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-180-points-yesterdayday-2.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-126-points-yesterdaytoday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-289-points-friday-see-how.html
http://israndjer.blogspot.ca/2015/09/after-fed-says-zero-interest-rate-dow.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-140-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/stocks-in-america-up-228-points.html
http://israndjer.blogspot.ca/2015/09/no-shemitah-day-1-stock-crash-stocks.html
http://israndjer.blogspot.ca/2015/09/the-shemitahs-here-how-will-world.html
HOARDING OF GOLD AND SILVER
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.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
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.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-OCTOBER 05,2015-12:00AM
DOW MARKET MONDAY-OCT 05,2015
09:30AM-118.19
10:00AM-188.96
10:30AM-189.51
11:00AM-172.41
11:30AM-191.84
12:00PM-199.03
12:30PM-219.61
01:00PM-235.50
01:30PM-253.45
02:00PM-264.37
02:30PM-305.76
03:00PM-294.64
03:30PM-303.52
04:00PM-304.06+ 16,776.43
HIGH +325 LOW +100
TSX +212.46 13,552.20 - GOLD -$2.20 $1,134.40 - OIL +$0.87 $46.41
S&P 500 logs 5-session win streak as stocks rally-Published: Oct 5, 2015 4:04 p.m. ET-market watch-By Anora Mahmudova-Reporter
The Dow Jones Industrial Average scored its biggest daily gain in about a month, jumping more than 300 points as industrials led the rally on Monday. The S&P 500 finished with gains for the fifth straight session, its longest winning stretch since last December. The S&P 500 SPX, +1.83% closed 35.69 points, or 1.8%, higher at 1,987.05. The Dow Jones Industrial Average DJIA, +1.85% jumped 304.06 points, or 1.9%, to 16,776.43. The Nasdaq Composite COMP, +1.56% advanced 73.49 points, or 1.6%, to 4,781.26 and turned positive for the year.
Saudi Aramco Cuts Crude Pricing to Asia, U.S. Amid Weak Demand-Anthony Dipaola-Updated on October 4, 2015 — 5:00 PM EDT-bloomberg
Saudi Arabia cut pricing for November oil sales to Asia and the U.S. as the world’s largest crude exporter seeks to keep its barrels competitive with rival suppliers amid sluggish demand.Saudi Arabian Oil Co. reduced its official selling price for Medium grade crude to Asia next month to a discount of $3.20 a barrel below the regional benchmark, compared with a $1.30 discount for October sales, the company said Sunday in an e-mailed statement. The discount for the Medium grade to Asia, the main market for Saudi crude, widened by the most since the state-owned company made a $2 a barrel cut in February 2012, according to data compiled by Bloomberg.Brent crude, a global benchmark, tumbled almost 50 percent last year as Saudi Arabia and other OPEC members chose to protect market share instead of decreasing output to boost prices. Brent fell from more than $100 a barrel in July 2014 to less than half that amount six months later and traded below $50 a barrel on average in September.“They needed to cut pricing to keep Saudi crude competitive with other grades,” Robin Mills, a Dubai-based analyst at Manaar Energy Consulting, said by phone. “Demand has been a bit weaker, leading to the cuts.”Al-Naimi Comments-Saudi Arabia will continue investing in oil production even amid the low prices, Ali Al-Naimi, the country’s oil minister said in a speech in Istanbul, in comments reported by state-run Saudi Press Agency Friday. Volatile oil prices affect investments, creating a situation that’s not good for producers or consumers, he said.Saudi Aramco, as the producer is known, widened the discount for Arab Light crude to Asia by $1.70 a barrel to $1.60 a barrel less than the benchmark, according to the statement. The cut was smaller than the median estimate of a $1.90 a-barrel reduction expected by seven refiners and traders in Asia surveyed by Bloomberg last week. The decrease was the deepest since January.The company trimmed November pricing for its Light, Medium and Heavy grades to the U.S. by 30 cents a barrel each. Medium crude will sell at a discount of 85 cents a barrel to the regional benchmark, the widest since March.Europe Sales-The company raised price levels for the same three grades for buyers in Northwest Europe. It trimmed pricing on Light, Medium and Heavy sold to the Mediterranean region.The Organization of Petroleum Exporting Countries, of which Saudi Arabia is the largest producer, decided in December and again in June to keep its production target unchanged at 30 million barrels a day. OPEC has exceeded this official target every month since May 2014.Saudi Arabia boosted output to a record 10.48 million barrels a day in June, according to the International Energy Agency. The kingdom pumped 10.3 million barrels daily last month as it exited its peak summer period for domestic demand, data compiled by Bloomberg show.Middle Eastern producers are competing increasingly with cargoes from Latin America, North Africa and Russia for buyers in Asia. Producers in the Persian Gulf region sell mostly under long-term contracts to refiners. Most of the Gulf’s state oil companies price their crude at a premium or discount to a benchmark. For Asia, the benchmark is the average of Oman and Dubai oil grades.
VW Chief Warns Cheating Scandal May Threaten Company's Existence-Patrick Donahue-Updated on October 4, 2015 — 12:39 PM EDT-bloomberg
Volkswagen AG’s designated Chairman Hans Dieter Poetsch warned managers that the diesel-emissions scandal could pose “an existence-threatening crisis for the company,” as it pleaded for public trust with full-page ads in national newspapers.The German carmaker faces a Wednesday deadline to present a plan to fix some 2.8 million vehicles in its home market. Poetsch told managers last week he was certain the Wolfsburg, Germany-based carmaker will overcome the crisis with enough effort, according to Welt am Sonntag newspaper. Volkswagen and German industry have been rocked by charges, first made by U.S. regulators on Sept. 18, that the carmaker had used software to hoodwink regulators about the true emissions of its diesel cars for years. As owners of 11 million affected cars across the globe, regulators and investors await answers, the crisis has wiped out almost 30 billion euros ($34 billion) of the company’s value.As Volkswagen’s new chief executive officer, Matthias Mueller, vows to repair the damage, the carmaker undertook a media campaign that included a full-page mea culpa advertisement published in major German newspapers to mark the 25th anniversary of the country’s reunification.Instead of lauding a quarter century of German unity, the company used fine print on a broad white field to say it would dispense with celebratory expressions, instead assuring the public that it will resolve the crisis.“We just want to say one thing: We will do everything to win back your trust,” the carmaker said in the ad Sunday.-Merkel Statement-After mostly remaining silent on the cheating scandal, Chancellor Angela Merkel on Sunday called the disclosure by Germany’s largest carmaker “a dramatic event” and said Volkswagen must clarify the affair swiftly. She ruled out a longer-term impact on the country’s industry.“I believe that the reputation of German industry, the trust in Germany as a business location, hasn’t been so shaken that we won’t continue to be seen as a good business location,” Merkel told Deutschlandfunk radio in an interview.An internal investigation has already yielded several engineers who admitted to installing the fraudulent software in 2008 for EA 189 diesel-motor models, Bild am Sonntag newspaper reported Sunday. The decision for the regulatory work-around came as project engineers determined there was no way to meet both emissions standards and cost controls, a jam that threatened to bring the marquee project to a halt, Bild said.The result was a so-called defeat device that disengaged emissions controls when an auto wasn’t being tested, breaching emissions rules and prompting a raft of government investigations and lawsuits since the U.S. Environmental Protection Agency cited the violations last month.-More Executives-Volkswagen has also found more executives are involved in the scandal than previously acknowledged, a group bigger than just a few developers, Frankfurter Allgemeine Sonntagszeitung reported, citing officials close to the supervisory board.Volkswagen declined to comment on the German newspaper reports, company spokesman Eric Felber said by phone.Martin Winterkorn quit as CEO on Sept. 23. Audi development chief Ulrich Hackenberg, a Winterkorn confidante who was responsible for VW brand development in 2007 to 2013, and Wolfgang Hatz, who ran the group’s powertrain development from 2007 and 2011, are among others who will leave, according to people familiar with the matter.The manipulated software may have been put into parts supplied by Hanover, Germany- based Continental AG for 1.6-liter engines, Bild am Sonntag reported. Upgrading models with Continental parts would entail replacement parts, not just a software upgrade, Bild said.Another engine-parts supplier, Robert Bosch GmbH, warned VW in 2007 that its planned use of the software was illegal, Bild reported on Sept. 27.“We have no indication of any misuse of our technology,” Continental spokesman Felix Gress said by phone, adding that it wasn’t outfitted to gauge emissions.In contrast with Merkel, European Parliament President Martin Schulz, a German Social Democrat, said the scandal is a “grave blow for the German economy as a whole.”“It’s hard to believe the level of negligence and possibly even criminal activity was present here,” Schulz told the Funke group of German newspapers in an joint interview. “Still, I think Volkswagen is a strong company that has every chance to overcome the crisis.”
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
STOCK MARKET NEWS
http://israndjer.blogspot.ca/2015/10/the-dow-was-down-13-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/what-will-happen-from-rosh-hashana-on.html
http://israndjer.blogspot.ca/2015/10/day-5-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/day-4-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/we-have-got-big-banks-and-big-oil.html
http://israndjer.blogspot.ca/2015/09/day-3-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/day-2-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/day-1-of-general-assembly-dates-at.html
http://israndjer.blogspot.ca/2015/09/dow-was-droppin-331-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/the-dow-was-up-113-points-friday.html
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