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.
1 KINGS 10:13-14
13 And king Solomon gave unto the queen of Sheba all her desire, whatsoever she asked, beside that which Solomon gave her of his royal bounty. So she turned and went to her own country, she and her servants.
14 Now the weight of gold that came to Solomon in one year was six hundred threescore and six talents of gold,
GENESIS 49:16-17
16 Dan shall judge his people, as one of the tribes of Israel.
17 Dan shall be a serpent by the way, an adder in the path, that biteth the horse heels, so that his rider shall fall backward.
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-MARCH 04,2016-12:00AM
DOW MARKET FRIDAY-MAR 04,2016
09:30AM-25.27
10:00AM-36.52-
10:30AM-9.45
11:00AM-42.73
11:30AM-75.57
12:00PM-75.85
12:30PM-65.30
01:00PM-89.44
01:30PM-97.08
02:00PM-112.70
02:30PM-67.04
03:00PM-27.02
03:30PM-49.03
04:00PM-62.87+ 17,0006.77 - S&P +6.59 1999.99 - NASDAQ +9.60 4717.02
HIGH +118 LOW -41
TSX +88.85 13,212.50 - GOLD $-0.20 $1.264.03 - OIL $+1.39 $35.96
EARTHQUAKES
EZEKIEL 37:7,11-14
7 So I prophesied as I was commanded: and as I prophesied, there was a noise, and behold a shaking, and the bones came together, bone to his bone.(POSSIBLE QUAKE BRINGS ISRAEL BACK TO LIFE-SO NOISE AND SHAKING-QUAKES WILL ALSO DESTROY ISRAELS ENEMIES)
11 Then he said unto me, Son of man, these bones are the whole house of Israel: behold, they say, Our bones are dried, and our hope is lost: we are cut off for our parts.
12 Therefore prophesy and say unto them, Thus saith the Lord GOD; Behold, O my people, I will open your graves, and cause you to come up out of your graves, and bring you into the land of Israel.
13 And ye shall know that I am the LORD, when I have opened your graves, O my people, and brought you up out of your graves,
14 And shall put my spirit in you, and ye shall live, and I shall place you in your own land: then shall ye know that I the LORD have spoken it, and performed it, saith the LORD.
MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.
MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.
LUKE 21:11
11 And great earthquakes shall be in divers places,(DIFFERNT PLACES AT THE SAME TIME) and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
UPDATE-MARCH 04, 2016-11:55PM
1 Day, Magnitude 2.5+ Worldwide
18 earthquakes - DownloadUpdated: 2016-03-04 23:59:02 UTCShowing event times using UTC18 earthquakes in map area
4.0 47km ESE of Vilcun, Chile 2016-03-04 23:50:15 UTC 110.6 km
2.5 63km WNW of Valdez, Alaska 2016-03-04 23:02:44 UTC 5.7 km
5.1 Southwest of Sumatra, Indonesia 2016-03-04 20:20:54 UTC 9.9 km
4.5 105km WSW of Iquique, Chile 2016-03-04 18:58:31 UTC 26.1 km
4.7 Southeast Indian Ridge 2016-03-04 18:54:27 UTC 10.0 km
4.0 94km WNW of Nanae, Japan 2016-03-04 17:04:12 UTC 197.6 km
4.8 150km SSE of L'Esperance Rock, New Zealand 2016-03-04 16:44:01 UTC 35.0 km
3.0 124km NW of Talkeetna, Alaska 2016-03-04 16:35:38 UTC 13.8 km
4.2 40km ENE of Shizunai, Japan 2016-03-04 14:15:29 UTC 109.7 km
2.7 40km NNW of Charlotte Amalie, U.S. Virgin Islands 2016-03-04 12:55:53 UTC 22.0 km
2.6 71km W of Anchor Point, Alaska 2016-03-04 11:18:33 UTC 98.4 km
4.8 Southwest of Sumatra, Indonesia 2016-03-04 08:09:54 UTC 13.3 km
2.5 5km SSE of Cushing, Oklahoma 2016-03-04 07:10:29 UTC 4.1 km
5.3 47km SSW of Ndoi Island, Fiji 2016-03-04 04:25:15 UTC 612.4 km
2.6 21km SE of Mammoth Lakes, California 2016-03-04 04:23:55 UTC 6.5 km
2.5 36km NE of Valdez, Alaska 2016-03-04 04:10:43 UTC 20.0 km
4.8 211km SE of Sarangani, Philippines 2016-03-04 03:59:41 UTC 42.8 km
4.9 203km SE of Lorengau, Papua New Guinea 2016-03-03 22:57:58 UTC 10.0 km
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.
1 KINGS 10:13-14
13 And king Solomon gave unto the queen of Sheba all her desire, whatsoever she asked, beside that which Solomon gave her of his royal bounty. So she turned and went to her own country, she and her servants.
14 Now the weight of gold that came to Solomon in one year was six hundred threescore and six talents of gold,
GENESIS 49:16-17
16 Dan shall judge his people, as one of the tribes of Israel.
17 Dan shall be a serpent by the way, an adder in the path, that biteth the horse heels, so that his rider shall fall backward.
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-MARCH 04,2016-12:00AM
DOW MARKET FRIDAY-MAR 04,2016
09:30AM-25.27
10:00AM-36.52-
10:30AM-9.45
11:00AM-42.73
11:30AM-75.57
12:00PM-75.85
12:30PM-65.30
01:00PM-89.44
01:30PM-97.08
02:00PM-112.70
02:30PM-67.04
03:00PM-27.02
03:30PM-49.03
04:00PM-62.87+ 17,0006.77 - S&P +6.59 1999.99 - NASDAQ +9.60 4717.02
HIGH +118 LOW -41
TSX +88.85 13,212.50 - GOLD $-0.20 $1.264.03 - OIL $+1.39 $35.96
Oil rig shakeup set for offshore N.L. as Statoil winds down drilling program-[CBC]-March 3, 2016-YAHOONEWS
Hercules will soon make way for Henry in Newfoundland's offshore, with one drill rig set to depart as early as this spring, while an old reliable is prepped for a return.Statoil has confirmed it will conclude an 18-month drilling program in the Flemish Pass in the coming months, meaning the West Hercules semi-submersible will likely leave the region.But the number of rigs in the offshore is expected to remain at two for the foreseeable future, with the Henry Goodrich expected to return in May to begin a two-year drilling program for Husky in the White Rose Field.A third rig, the West Aquarius, remains under contract to Hibernia until April 2017.The shifting landscape in the drilling sector further adds to the uncertainty in the province's oil industry, which is reeling under the affects of a prolonged and punishing slump in prices.Companies have been cutting jobs, streamlining operations and deferring spending on major projects.Sources say there is already a surplus of workers who specialize in drilling, and the departure of the Hercules will only compound the situation.The Hercules has a total complement of 251 crew, 65 per cent of whom are residents of Newfoundland and Labrador.Statoil says it's not yet clear what's in store for the rig, which is owned by Seadrill.An old regular returns-Any job losses could be offset by the return of the Henry Goodrich, which has been a mainstay in the oil industry off eastern Newfoundland for many years.It is currently undergoing a refit in Norway, and will have a total crew of about 240.Husky says about 90 per cent of the workers on that rig will be from this province.The Hercules has been carrying out exploration and appraisal drilling of recent discoveries in the Flemish Pass. This includes a significant discovery known as Bay du Nord that is considered by many to be the next best hope for a producing oil field in the offshore.A spokesperson for Statoil said results of that drilling continues to be evaluated.Talks collapsed last fall-Talks between the provincial government and Statoil on an agreement to develop the field collapsed last fall amid a prolonged and punishing slump in oil prices that is delivering a debilitating blow to the economy.Statoil says it is prioritizing its investments in favour of those that will bring the best long-term returns."Bay du Nord is no exception from this approach, which makes the current exploration program important to help further our knowledge of the potential of the area," Statoil stated in an email to CBC News.Meanwhile, Husky is contracting the Goodrich at a day rate of $275,000, which is dramatically lower than the roughly $475,000 it was paying for the Goodrich a year ago.The lower price is symbolic of how much the industry has changed, with one insider saying it's now a buyers' market for those wanting to carry out drilling and exploration.
World's No. 2 Currency Trader Sees Dollar Surge as Misery Wanes-Lananh Nguyen-Updated on March 3, 2016 — 6:39 PM EST-BLOOMBERG
When misery fades, the dollar rallies.That’s the contention of Deutsche Bank AG, the world’s second-biggest currency trader according to Euromoney magazine, which expects the greenback to resume its surge this year after slumping in February. The misery index, a measure of inflation and unemployment, fell in November to the lowest in almost six decades, underpinning the currency’s outlook. The jobless rate is forecast to hold at an eight-year low Friday as the Federal Reserve weighs the path of U.S. interest rates.“The misery index is not miserable,” said Alan Ruskin, the bank’s global co-head of foreign-exchange research in New York. "The tighter the labor market is, the more likely that we’re in a cycle where the Fed is going to be supportive of the dollar."The Bloomberg Dollar Spot Index, which tracks the currency against 10 major peers, dropped 1.8 percent in February on concern that a global economic slowdown will drag down the world’s biggest economy. The currency’s stumble last month, which was its worst since April 2015, follows a two-year rally on speculation that the Fed would boost borrowing costs while its biggest peers carried out unprecedented stimulus.Ruskin forecasts the greenback will strengthen to 95 cents against the euro by the end of the year. It’s far too early to be calling a top even after last month’s soft patch, he said.The dollar was little changed at 113.71 yen as of 8:33 a.m. in Tokyo Friday, after adding 0.2 in New York. The greenback rose 0.1 percent against the euro to $1.0952 after reaching a one-month high earlier this week.-Jobs Watch-The U.S. unemployment rate is forecast to remain at 4.9 percent while payrolls probably climbed by 195,000 in Friday’s employment report, according to the median estimates of analysts surveyed by Bloomberg. Consumer prices rose 1.4 percent in January versus a year earlier, data from the Labor Department showed last month.The misery index, which tracks inflation and unemployment, was at 6.3 on Thursday after falling to 5 in November, the lowest level since 1956.While it’s an "imperfect" indicator that often lags, rather than predicts, the dollar’s strength, the index still shows that a strong jobs market can underpin the currency, Ruskin said. "Sometimes the strength is the simplicity," he said.
Singapore Banking Secrecy Makes Ripe Target for IRS-David Voreacos-Updated on March 3, 2016 — 6:37 PM EST-BLOOMBERG
The Internal Revenue Service sought to make UBS Group AG turn over records on an account in Singapore held by a U.S. citizen, setting up a showdown with the city-state over its bank-secrecy laws and potentially opening a new front against offshore tax evasion beyond Switzerland.The IRS asked a federal judge in Miami to force UBS, the largest Swiss bank, to produce documents on Ching-Ye Hsiaw, who lives in China. The judge on Wednesday told UBS to show up in court on March 31 to explain why it has refused to supply the account records.“They’re holding UBS hostage in the U.S. by saying you subjected yourself to U.S. jurisdiction, now produce these records outside the U.S.,” said Jeff Neiman, a former federal prosecutor. “It’s setting up a showdown of Singapore secrecy versus the U.S. need to enforce its tax laws.”UBS spokesman Gregg Rosenberg declined to comment on the case immediately. Hsiaw couldn’t immediately be reached for comment.The U.S. has focused largely on Switzerland in recent years as it has fought offshore tax evasion. More than 80 Swiss banks, including UBS and Credit Suisse Group AG, have agreed to pay a total of $5 billion or so in penalties and fines. The question is where the IRS and the Justice Department will turn next as they sift through a trove of data gathered from Swiss banks and from more than 50,000 U.S. taxpayers who disclosed their accounts to avoid prosecution.-Singapore Secrecy-The Hsiaw case provides some clues. IRS agents served a summons on UBS in 2013 for records of his account in Singapore from 2001 to 2011. The bank said it couldn’t produce them because Singapore’s bank secrecy laws prevent disclosure without permission from Hsiaw, which he hasn’t provided, according to a court filing.“Even if Singapore’s bank secrecy laws, as UBS contends, precludes disclosure of the summoned bank records relating or pertaining to Hsiaw’s Singapore account(s), international comity requires that the records be disclosed,” IRS revenue agent James Oertel said in the filing.“The interest of the United States in combating tax evasion by U.S. taxpayers outweighs the interest of Singapore in preserving the privacy of its bank customers,” Oertel wrote.Neiman, the former prosecutor, said that “UBS can be held in contempt if they don’t produce the records. I think it’s the IRS’s way to start getting at Singapore.”Neiman was one of the prosecutors on a landmark case in 2009, filed in Miami, in which UBS avoided prosecution by paying $780 million, admitting it encouraged tax evasion, and agreeing to turn over secret account data on U.S. citizens.The case is U.S. v. UBS, 16-mc-20653, U.S. District Court, Southern District of Florida (Miami).
China Merchants in Hiring Spree to Cater to Surplus Millionaires-Alfred Liu-March 3, 2016 — 4:30 PM EST-BLOOMBERG
As the largest wealth manager for China’s millionaires races to hire bankers, there’s one question it won’t ask prospective employees: Can you bring any clients? That consideration -- a standard one for private banks in most markets -- is irrelevant in China, where the ranks of the wealthy are growing so fast that the banks trying to serve them are struggling to keep up, according to China Merchants Bank Co.“What we want from candidates is different from firms in places like Hong Kong," said Wang Jing, general manager for the Chinese firm’s private-banking department. “Bringing over customers is the last question we ask. It doesn’t really matter how many they can bring.”Shenzhen-based CMB is planning to hire 300 new private bankers and advisers this year to add to the existing staff of 1,000, as well as expand its overseas network as wealthy Chinese look to put an increasing proportion of their assets in international markets. The private bank’s assets under management are expected to increase 30 percent to about 1.6 trillion yuan ($245 billion) this year, Wang said.“Unlike private banks elsewhere, there’s no lack of clients,” said Wang, whose department manages money for about 50,000 individuals with at least 10 million yuan of assets. “We need bankers who can provide diversified services instead of bringing in their existing clients, because we already have a lot,” she said.-Wealth unit-CMB’s private bank has a natural source of customers from the more than 1.5 million customers in its wealth-management unit. They can move over to the more exclusive private bank as soon as their assets grow beyond the 10 million-yuan threshold.Wang said she’s not too bothered about foreign banks which are ramping up their wealth-management operations in China. Zurich-based UBS Group AG said in January it will double its staff in China over five years; HSBC Holdings Plc said in February that it will stick to its hiring plan in the country despite cooling economic growth, albeit at a slower pace than originally planned.“Global banks are indeed stronger in terms of experience and products,” Wang said. “But we grow together with our clients and we have a better grasp of what they need.”China’s banking and wealth-management industries remain dominated by the local lenders. UBS and Goldman Sachs Group Inc. are the only foreign firms that have broad licenses which allow them to offer a full range of onshore private banking, asset management and brokerage trading services. Foreign private banks tend to manage the wealth of mainland Chinese individuals mainly from their offices in Hong Kong and Singapore.CMB’s private bank, established in 2007, was the largest in China in terms of assets under management as of 2014, the last period for which fully comparable figures are available. It managed 753 billion yuan, compared with 736 billion yuan at Industrial & Commercial Bank of China Ltd. and 720 billion yuan at Bank of China Ltd., according to the banks’ annual reports.-China’s millionaires-In China, the number of individuals owning at least $1 million of assets rose more than 17 percent to 890,000 in 2014 from a year earlier and their combined wealth jumped 19 percent to $4.5 trillion, according to data from Capgemini SA. That was more than double the 8.3 percent growth in the number of North American millionaires, and the 9.1 percent increase in their assets, during the same period.CMB’s fee income from wealth management, which serves clients with an average daily balance of at least 500,000 yuan, roughly doubled in the first nine months of 2015, a stock exchange filing showed. The bank has more than 60 million retail customers and has issued 64 million credit cards in total, according to its 2015 interim report.CMB plans to start private-banking operations in Sydney and Luxembourg by the end of this year or early in 2017, to follow customers expanding their overseas portfolios, according to Wang. China’s rich are increasingly making offshore investments to diversify their risks, with a typical wealthy client holding about 20 percent to 30 percent of their assets outside the mainland, she said.While the yuan has been depreciating from last year, Wang said she isn’t expecting a massive capital flight.“The mainland is still where they are familiar with and is their home turf,” Wang said. “People can’t just move their money directly out of the country. They are bound by capital controls, which are getting rather strict.”
Hercules will soon make way for Henry in Newfoundland's offshore, with one drill rig set to depart as early as this spring, while an old reliable is prepped for a return.Statoil has confirmed it will conclude an 18-month drilling program in the Flemish Pass in the coming months, meaning the West Hercules semi-submersible will likely leave the region.But the number of rigs in the offshore is expected to remain at two for the foreseeable future, with the Henry Goodrich expected to return in May to begin a two-year drilling program for Husky in the White Rose Field.A third rig, the West Aquarius, remains under contract to Hibernia until April 2017.The shifting landscape in the drilling sector further adds to the uncertainty in the province's oil industry, which is reeling under the affects of a prolonged and punishing slump in prices.Companies have been cutting jobs, streamlining operations and deferring spending on major projects.Sources say there is already a surplus of workers who specialize in drilling, and the departure of the Hercules will only compound the situation.The Hercules has a total complement of 251 crew, 65 per cent of whom are residents of Newfoundland and Labrador.Statoil says it's not yet clear what's in store for the rig, which is owned by Seadrill.An old regular returns-Any job losses could be offset by the return of the Henry Goodrich, which has been a mainstay in the oil industry off eastern Newfoundland for many years.It is currently undergoing a refit in Norway, and will have a total crew of about 240.Husky says about 90 per cent of the workers on that rig will be from this province.The Hercules has been carrying out exploration and appraisal drilling of recent discoveries in the Flemish Pass. This includes a significant discovery known as Bay du Nord that is considered by many to be the next best hope for a producing oil field in the offshore.A spokesperson for Statoil said results of that drilling continues to be evaluated.Talks collapsed last fall-Talks between the provincial government and Statoil on an agreement to develop the field collapsed last fall amid a prolonged and punishing slump in oil prices that is delivering a debilitating blow to the economy.Statoil says it is prioritizing its investments in favour of those that will bring the best long-term returns."Bay du Nord is no exception from this approach, which makes the current exploration program important to help further our knowledge of the potential of the area," Statoil stated in an email to CBC News.Meanwhile, Husky is contracting the Goodrich at a day rate of $275,000, which is dramatically lower than the roughly $475,000 it was paying for the Goodrich a year ago.The lower price is symbolic of how much the industry has changed, with one insider saying it's now a buyers' market for those wanting to carry out drilling and exploration.
World's No. 2 Currency Trader Sees Dollar Surge as Misery Wanes-Lananh Nguyen-Updated on March 3, 2016 — 6:39 PM EST-BLOOMBERG
When misery fades, the dollar rallies.That’s the contention of Deutsche Bank AG, the world’s second-biggest currency trader according to Euromoney magazine, which expects the greenback to resume its surge this year after slumping in February. The misery index, a measure of inflation and unemployment, fell in November to the lowest in almost six decades, underpinning the currency’s outlook. The jobless rate is forecast to hold at an eight-year low Friday as the Federal Reserve weighs the path of U.S. interest rates.“The misery index is not miserable,” said Alan Ruskin, the bank’s global co-head of foreign-exchange research in New York. "The tighter the labor market is, the more likely that we’re in a cycle where the Fed is going to be supportive of the dollar."The Bloomberg Dollar Spot Index, which tracks the currency against 10 major peers, dropped 1.8 percent in February on concern that a global economic slowdown will drag down the world’s biggest economy. The currency’s stumble last month, which was its worst since April 2015, follows a two-year rally on speculation that the Fed would boost borrowing costs while its biggest peers carried out unprecedented stimulus.Ruskin forecasts the greenback will strengthen to 95 cents against the euro by the end of the year. It’s far too early to be calling a top even after last month’s soft patch, he said.The dollar was little changed at 113.71 yen as of 8:33 a.m. in Tokyo Friday, after adding 0.2 in New York. The greenback rose 0.1 percent against the euro to $1.0952 after reaching a one-month high earlier this week.-Jobs Watch-The U.S. unemployment rate is forecast to remain at 4.9 percent while payrolls probably climbed by 195,000 in Friday’s employment report, according to the median estimates of analysts surveyed by Bloomberg. Consumer prices rose 1.4 percent in January versus a year earlier, data from the Labor Department showed last month.The misery index, which tracks inflation and unemployment, was at 6.3 on Thursday after falling to 5 in November, the lowest level since 1956.While it’s an "imperfect" indicator that often lags, rather than predicts, the dollar’s strength, the index still shows that a strong jobs market can underpin the currency, Ruskin said. "Sometimes the strength is the simplicity," he said.
Singapore Banking Secrecy Makes Ripe Target for IRS-David Voreacos-Updated on March 3, 2016 — 6:37 PM EST-BLOOMBERG
The Internal Revenue Service sought to make UBS Group AG turn over records on an account in Singapore held by a U.S. citizen, setting up a showdown with the city-state over its bank-secrecy laws and potentially opening a new front against offshore tax evasion beyond Switzerland.The IRS asked a federal judge in Miami to force UBS, the largest Swiss bank, to produce documents on Ching-Ye Hsiaw, who lives in China. The judge on Wednesday told UBS to show up in court on March 31 to explain why it has refused to supply the account records.“They’re holding UBS hostage in the U.S. by saying you subjected yourself to U.S. jurisdiction, now produce these records outside the U.S.,” said Jeff Neiman, a former federal prosecutor. “It’s setting up a showdown of Singapore secrecy versus the U.S. need to enforce its tax laws.”UBS spokesman Gregg Rosenberg declined to comment on the case immediately. Hsiaw couldn’t immediately be reached for comment.The U.S. has focused largely on Switzerland in recent years as it has fought offshore tax evasion. More than 80 Swiss banks, including UBS and Credit Suisse Group AG, have agreed to pay a total of $5 billion or so in penalties and fines. The question is where the IRS and the Justice Department will turn next as they sift through a trove of data gathered from Swiss banks and from more than 50,000 U.S. taxpayers who disclosed their accounts to avoid prosecution.-Singapore Secrecy-The Hsiaw case provides some clues. IRS agents served a summons on UBS in 2013 for records of his account in Singapore from 2001 to 2011. The bank said it couldn’t produce them because Singapore’s bank secrecy laws prevent disclosure without permission from Hsiaw, which he hasn’t provided, according to a court filing.“Even if Singapore’s bank secrecy laws, as UBS contends, precludes disclosure of the summoned bank records relating or pertaining to Hsiaw’s Singapore account(s), international comity requires that the records be disclosed,” IRS revenue agent James Oertel said in the filing.“The interest of the United States in combating tax evasion by U.S. taxpayers outweighs the interest of Singapore in preserving the privacy of its bank customers,” Oertel wrote.Neiman, the former prosecutor, said that “UBS can be held in contempt if they don’t produce the records. I think it’s the IRS’s way to start getting at Singapore.”Neiman was one of the prosecutors on a landmark case in 2009, filed in Miami, in which UBS avoided prosecution by paying $780 million, admitting it encouraged tax evasion, and agreeing to turn over secret account data on U.S. citizens.The case is U.S. v. UBS, 16-mc-20653, U.S. District Court, Southern District of Florida (Miami).
China Merchants in Hiring Spree to Cater to Surplus Millionaires-Alfred Liu-March 3, 2016 — 4:30 PM EST-BLOOMBERG
As the largest wealth manager for China’s millionaires races to hire bankers, there’s one question it won’t ask prospective employees: Can you bring any clients? That consideration -- a standard one for private banks in most markets -- is irrelevant in China, where the ranks of the wealthy are growing so fast that the banks trying to serve them are struggling to keep up, according to China Merchants Bank Co.“What we want from candidates is different from firms in places like Hong Kong," said Wang Jing, general manager for the Chinese firm’s private-banking department. “Bringing over customers is the last question we ask. It doesn’t really matter how many they can bring.”Shenzhen-based CMB is planning to hire 300 new private bankers and advisers this year to add to the existing staff of 1,000, as well as expand its overseas network as wealthy Chinese look to put an increasing proportion of their assets in international markets. The private bank’s assets under management are expected to increase 30 percent to about 1.6 trillion yuan ($245 billion) this year, Wang said.“Unlike private banks elsewhere, there’s no lack of clients,” said Wang, whose department manages money for about 50,000 individuals with at least 10 million yuan of assets. “We need bankers who can provide diversified services instead of bringing in their existing clients, because we already have a lot,” she said.-Wealth unit-CMB’s private bank has a natural source of customers from the more than 1.5 million customers in its wealth-management unit. They can move over to the more exclusive private bank as soon as their assets grow beyond the 10 million-yuan threshold.Wang said she’s not too bothered about foreign banks which are ramping up their wealth-management operations in China. Zurich-based UBS Group AG said in January it will double its staff in China over five years; HSBC Holdings Plc said in February that it will stick to its hiring plan in the country despite cooling economic growth, albeit at a slower pace than originally planned.“Global banks are indeed stronger in terms of experience and products,” Wang said. “But we grow together with our clients and we have a better grasp of what they need.”China’s banking and wealth-management industries remain dominated by the local lenders. UBS and Goldman Sachs Group Inc. are the only foreign firms that have broad licenses which allow them to offer a full range of onshore private banking, asset management and brokerage trading services. Foreign private banks tend to manage the wealth of mainland Chinese individuals mainly from their offices in Hong Kong and Singapore.CMB’s private bank, established in 2007, was the largest in China in terms of assets under management as of 2014, the last period for which fully comparable figures are available. It managed 753 billion yuan, compared with 736 billion yuan at Industrial & Commercial Bank of China Ltd. and 720 billion yuan at Bank of China Ltd., according to the banks’ annual reports.-China’s millionaires-In China, the number of individuals owning at least $1 million of assets rose more than 17 percent to 890,000 in 2014 from a year earlier and their combined wealth jumped 19 percent to $4.5 trillion, according to data from Capgemini SA. That was more than double the 8.3 percent growth in the number of North American millionaires, and the 9.1 percent increase in their assets, during the same period.CMB’s fee income from wealth management, which serves clients with an average daily balance of at least 500,000 yuan, roughly doubled in the first nine months of 2015, a stock exchange filing showed. The bank has more than 60 million retail customers and has issued 64 million credit cards in total, according to its 2015 interim report.CMB plans to start private-banking operations in Sydney and Luxembourg by the end of this year or early in 2017, to follow customers expanding their overseas portfolios, according to Wang. China’s rich are increasingly making offshore investments to diversify their risks, with a typical wealthy client holding about 20 percent to 30 percent of their assets outside the mainland, she said.While the yuan has been depreciating from last year, Wang said she isn’t expecting a massive capital flight.“The mainland is still where they are familiar with and is their home turf,” Wang said. “People can’t just move their money directly out of the country. They are bound by capital controls, which are getting rather strict.”
EARTHQUAKES
EZEKIEL 37:7,11-14
7 So I prophesied as I was commanded: and as I prophesied, there was a noise, and behold a shaking, and the bones came together, bone to his bone.(POSSIBLE QUAKE BRINGS ISRAEL BACK TO LIFE-SO NOISE AND SHAKING-QUAKES WILL ALSO DESTROY ISRAELS ENEMIES)
11 Then he said unto me, Son of man, these bones are the whole house of Israel: behold, they say, Our bones are dried, and our hope is lost: we are cut off for our parts.
12 Therefore prophesy and say unto them, Thus saith the Lord GOD; Behold, O my people, I will open your graves, and cause you to come up out of your graves, and bring you into the land of Israel.
13 And ye shall know that I am the LORD, when I have opened your graves, O my people, and brought you up out of your graves,
14 And shall put my spirit in you, and ye shall live, and I shall place you in your own land: then shall ye know that I the LORD have spoken it, and performed it, saith the LORD.
MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.
MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.
LUKE 21:11
11 And great earthquakes shall be in divers places,(DIFFERNT PLACES AT THE SAME TIME) and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
UPDATE-MARCH 04, 2016-11:55PM
1 Day, Magnitude 2.5+ Worldwide
18 earthquakes - DownloadUpdated: 2016-03-04 23:59:02 UTCShowing event times using UTC18 earthquakes in map area
4.0 47km ESE of Vilcun, Chile 2016-03-04 23:50:15 UTC 110.6 km
2.5 63km WNW of Valdez, Alaska 2016-03-04 23:02:44 UTC 5.7 km
5.1 Southwest of Sumatra, Indonesia 2016-03-04 20:20:54 UTC 9.9 km
4.5 105km WSW of Iquique, Chile 2016-03-04 18:58:31 UTC 26.1 km
4.7 Southeast Indian Ridge 2016-03-04 18:54:27 UTC 10.0 km
4.0 94km WNW of Nanae, Japan 2016-03-04 17:04:12 UTC 197.6 km
4.8 150km SSE of L'Esperance Rock, New Zealand 2016-03-04 16:44:01 UTC 35.0 km
3.0 124km NW of Talkeetna, Alaska 2016-03-04 16:35:38 UTC 13.8 km
4.2 40km ENE of Shizunai, Japan 2016-03-04 14:15:29 UTC 109.7 km
2.7 40km NNW of Charlotte Amalie, U.S. Virgin Islands 2016-03-04 12:55:53 UTC 22.0 km
2.6 71km W of Anchor Point, Alaska 2016-03-04 11:18:33 UTC 98.4 km
4.8 Southwest of Sumatra, Indonesia 2016-03-04 08:09:54 UTC 13.3 km
2.5 5km SSE of Cushing, Oklahoma 2016-03-04 07:10:29 UTC 4.1 km
5.3 47km SSW of Ndoi Island, Fiji 2016-03-04 04:25:15 UTC 612.4 km
2.6 21km SE of Mammoth Lakes, California 2016-03-04 04:23:55 UTC 6.5 km
2.5 36km NE of Valdez, Alaska 2016-03-04 04:10:43 UTC 20.0 km
4.8 211km SE of Sarangani, Philippines 2016-03-04 03:59:41 UTC 42.8 km
4.9 203km SE of Lorengau, Papua New Guinea 2016-03-03 22:57:58 UTC 10.0 km
STOCK MARKET AND EARTHQUAKE NEWS
