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)
WILL THE MARKETS CRASH TOMORROW AT 9:30AM. WE SHALL WAIT AND SEE.
DISEASES-ANIMAL TO HUMAN
REVELATION 6:7-8 (500 MILLION DEAD EACH FROM THE 4 JUDGEMENTS)(2 BILLION TOT DEAD HERE)
7 And when he had opened the fourth seal, I heard the voice of the fourth beast say, Come and see.
8 And I looked, and behold a pale horse:(CHLORES GREEN) and his name that sat on him was Death, and Hell followed with him. And power was given unto them over the fourth part of the earth,(2 billion) of (8 billion) to kill with sword,(WEAPONS)(500 million) and with hunger,(FAMINE)(500 million) and with death,(INCURABLE DISEASES)(500 million) and with the beasts of the earth.(ANIMAL TO HUMAN DISEASE)(500 million).
THE COVID-19 TOTALS.
WORLD OVER ALL CASES-680,944,975 - DEAD 6,807,804 - AS OF WED MAR 08,2023 (AND THE SCAM OF THE DEATH KILL SHOTS CONTINUES)
DR JUDY AND LEE MERRITT
https://rumble.com/v2707t4-dr-judy-a-mikovits-phd-and-dr-lee-merritt-md-at-the-restore-freedom-rally-j.html
COVID HEARINGS-GAIN OF FUNCTION RESEARCH
https://www.c-span.org/video/?526520-1/house-subcommittee-examines-origins-covid-19
Fauci: ‘Everyone Agrees’ Covid Was ‘Not Engineered’ Into a ‘Bioweapon’by Jamie White-March 12th 2023, 11:03 am
Former NIAID chief Dr. Anthony Fauci tried to dispel the all-but-certain conclusion that COVID-19 was engineered at a lab for bioweapon research.Fauci appeared on “CNN Newsroom” on Saturday to push back against the growing consensus that COVID-19 leaked from the Wuhan Institute of Virology.“One of the things that maybe people don’t appreciate, is that all of the intelligence agencies agree unanimously that this was not engineered,” Fauci stressed to host Jim Acosta.“Namely, they didn’t deliberately do this to make a bioweapon. Everybody agrees with that, no matter what your prior thoughts were, everybody agrees with that.”Fauci then put forward a ridiculous hypothesis that perhaps COVID did leak from a lab — after a bat first infected a lab worker “in the wild,” which would still make the virus “natural.”“A lab leak could be that someone was out in the wild maybe looking for different types of viruses in bats, got infected, went into a lab, and was being studied in a lab, and then came out of the lab. But if that’s the definition of lab leak, then that’s still a natural occurrence,” Fauci explained.“The other possibility is someone takes a virus from the environment that doesn’t actually spread very well in humans, and manipulates it a bit, and accidentally it escapes or accidentally infects someone and then you get an outbreak.”Fauci’s assertion that “everybody agrees” with the notion COVID-19 occurred naturally was repudiated by the likes of former CDC director Robert Redfield and FBI Director Christopher Wray.Redfield during a congressional hearing last week admitted that COVID-19 was likely created as a result of gain of function research funded by numerous U.S. government agencies, which “caused the greatest pandemic our world has ever seen.”Dr. Robert Redfield: “There’s No Doubt That NIH Funded Gain-of-Function Research”Ms. Malliotakis: “Is it likely that American tax dollars funded the gain-of-function research that created this virus?”Dr. Redfield: “I think it did — not only from NIH but from the State… https://t.co/zLrT8CjFCZ pic.twitter.com/OqsTsb1hFg — The Vigilant Fox ?? (@VigilantFox) March 8, 2023-Notably, despite Fauci’s constant denials, the NIAID, the very agency he headed, admitted in 2021 to funding gain of function research at the Wuhan lab.
New York urges residents to get vaccinated against polio before travel to Israel-Health department says it’s working with Jerusalem ‘to ensure a coordinated response’ after 4 cases of virus recently detected in Safed-By ToI Staff-11 March 2023, 6:02 pm
The State of New York’s health department called for residents to get vaccinated against polio before traveling to Israel, where several children have recently tested positive for the virus.In a statement Friday, the New York Department of Health noted the four cases diagnosed in the northern city of Safed earlier this month, a year after a small outbreak of the disease in the country.It called on New Yorkers “to get fully immunized” before flying to Israel or other countries with polio.Health officials in New York have been in touch with their Israeli counterparts “to ensure a coordinated response,” the statement said, adding that travelers should adhere to guidelines from the US Center for Disease Control.Besides Israel, the statement noted the CDC has issued precautions against polio before traveling to the United Kingdom, Ukraine, Afghanistan, Pakistan, Indonesia, Nigeria, Côte d’Ivoire and several other central African countries.Polio is a viral disease that mainly affects children and can cause disability, paralysis and death. Today, polio vaccinations are standard for children and are an effective preventive measure, but vaccine skepticism has enabled the disease to pop up from time to time.The outbreak in Israel last March, which came after the first case of polio in 33 years was discovered in the country, prompted a vaccination drive to combat the disease.The finding landed Israel on the World Health Organization’s Polio Eradication Initiative’s list of countries with outbreaks, after it was declared polio-free in 1988.Following the cases detected earlier this month, the Health Ministry cited evidence of polio spreading in sewage systems and said over 150,000 Israeli children are unvaccinated against the virus.
OIL IN ISRAEL
JOB 29:6
6 When I washed my steps with butter, and the rock poured me out rivers of oil;
GENESIS 12:3
3 And I will bless them that bless thee,(ISRAEL) and curse (DESTROY) him that curseth thee:(DESTROY THEM) and in thee shall all families of the earth be blessed.
GENESIS 14:10
10 And the vale of Siddim was full of slimepits;(CRUDE OIL) and the kings of Sodom and Gomorrah fled, and fell there; and they that remained fled to the mountain
DEUTERONOMY 33:19,24
19 They (ISRAEL) shall call the people unto the mountain; there they shall offer sacrifices of righteousness: for they shall suck of the abundance of the seas, and of treasures hid in the sand.
24 And of Asher he said, Let Asher be blessed with children; let him be acceptable to his brethren, and let him dip his foot in oil.
DEUTERONOMY 12:3
13 He made him ride on the high places of the earth, that he might eat the increase of the fields;(OIL) and he made him to suck honey out of the rock, and oil out of the flinty rock;
And here are the bounderies of the land that Israel will inherit either through war or peace or God in the future. God says its Israels land and only Israels land. They will have every inch God promised them of this land in the future.
Egypt east of the Nile River, Saudi Arabia, Israel, Jordan, Syria, Lebanon, The southern part of Turkey and the Western Half of Iraq west of the Euphrates. Gen 13:14-15, Psm 105:9,11, Gen 15:18, Exe 23:31, Num 34:1-12, Josh 1:4.ALL THIS LAND ISRAEL WILL DEFINATELY OWN IN THE FUTURE, ITS ISRAELS NOT ISHMAELS LAND.12 TRIBES INHERIT LAND IN THE FUTURE.
Iran reports highest oil exports yet since US applied sanctions over nuclear deal-Oil minister says 83 million more barrels exported over past year than in previous comparable period, gas exports up 15%; Saudi Arabia’s Aramco reports record profits-By Agencies and ToI Staff-mar 12,23-Today, 12:12 pm
Iran said Sunday that its oil exports had risen over the past year, reaching their highest level since the US imposed fresh sanctions in 2018, according to Iran’s semi-official Tasnim news agency.Oil Minister Javad Owji said 83 million more barrels of oil were sold since the start of the Iranian year on March 21, 2022, than in the same period over 2021-2022. It was 190 million more barrels than each of the two years proceeding that, he said.Gas exports were also up by 15 percent in 2022-2023 compared to the previous Iranian year.The US imposed strict sanctions on Iran after pulling out of the so-called Joint Comprehensive Plan of action signed between Iran and world powers. The JCPOA gave Iran relief from sanctions in return for curbs on its nuclear program aimed at preventing it from obtaining a nuclear weapon. Sanctions placed a focus on Iran’s oil exports and few countries purchase its crude, with the exception of China. In response, Iran dropped many of its own commitments to the deal, ramped up its nuclear program, and enriched uranium to purity levels far beyond the terms of the nuclear agreement. Iran recently admitted enriching uranium to 84%, a short technical stop from weapons-grade material.On Thursday the US announced more sanctions against people and firms associated with Iran and with what it said was an illicit banking network used to conceal transactions.The US said it placed the penalties on 39 firms linked to a shadow banking system that helped to obfuscate financial activity between sanctioned Iranian firms and their foreign buyers, namely for petrochemicals produced in Iran.The Treasury Department said the companies — from Hong Kong to the United Arab Emirates — made up a “significant ‘shadow banking’ network” that gave cover to sanctioned Iranian entities to disguise petrochemical sales with foreign customers.“Today’s action demonstrates the United States’ commitment to enforcing our sanctions and our ability to disrupt Iran’s foreign financial networks, which it uses to launder funds,” Treasury Deputy Secretary Wally Adeyemo said.US Secretary of State Antony Blinken said in a written statement that the US “will continue to disrupt attempts to evade US sanctions.”Also included in the Thursday announcement is a set of financial penalties on a China-based network of firms and one person accused of being responsible for the sale and shipment of thousands of drone components to Iran. Iran is accused of supplying Russia with drones that are used to bomb Ukrainian civilians as the Kremlin continues its invasion of its Ukraine.Among other things, the sanctions deny the people and firms access to any property or financial assets held in the US and prevent US companies and citizens from doing business with them.The sanctions come one day after Iranian prison officials and others were hit with sanctions over the treatment of young women and girls.Tensions between the US and Iran are high amid months of anti-government protests in Iran and Western anger at Iran’s export of attack drones to Russian forces fighting in Ukraine.Saudi Aramco bumper profits-Also Sunday, Saudi Aramco said it achieved “record” profits totaling $161.1 billion last year, highlighting how a surge in oil prices after Russia invaded Ukraine spurred growth in the world’s biggest crude exporter.The mostly state-owned energy giant, the world’s second most valuable company behind Apple, said in a filing with the Saudi stock market that net income for 2022 was up 46 percent from $110 billion in 2021.The results — the strongest since Aramco became a listed company in 2019 — were “predominantly due to the impact of higher crude oil prices and volumes sold, and stronger refining margins,” it said.Aramco’s gains are consistent with record profits for 2022 reported by the five oil majors –- Shell, Chevron, ExxonMobil, BP and TotalEnergies — which surpassed $150 billion and would have been closer to $200 billion without costly withdrawals from Russia.They also fueled Saudi Arabia’s overall economic growth which officials put at 8.7 percent in 2022, the highest rate in the G20.The net income figure is nearly double the $88.2 billion the firm pulled in 2019, before the coronavirus pandemic.“Aramco rode the wave of high energy prices in 2022. It’s what the company is geared to do,” said Robert Mogielnicki, of the Arab Gulf States Institute in Washington. “It would have been difficult for Aramco not to perform strongly in 2022.”Energy prices are expected to stay elevated in 2023, in part because of production cuts approved last October by the OPEC+ cartel that Riyadh co-leads with Moscow — a move harshly criticized by Washington.Aramco’s facilities have in the past suffered drone and missile attacks claimed by Yemen’s Iran-backed Huthi rebels, most recently about a year ago, but a surprise deal announced on Friday between Riyadh and Tehran to restore diplomatic ties severed in 2016 could mitigate the risk in the months to come.“I don’t envision another record year for Aramco in 2023, but it could still be a solid performance,” Mogielnicki said.Saudi Arabia has pledged to achieve net zero carbon emissions by 2060, drawing skepticism from environmental campaigners.Officials are simultaneously championing further investments in fossil fuels to ensure energy security and stave off inflation and other economic woes.“Given that we anticipate oil and gas will remain essential for the foreseeable future, the risks of underinvestment in our industry are real — including contributing to higher energy prices,” Aramco CEO Amin Nasser said Sunday.Aramco has pledged to achieve “operational net-zero” carbon emissions by 2050.That applies to emissions that are produced directly by Aramco’s industrial sites, but not the CO2 produced when clients burn Saudi oil in their cars, power plants, and furnaces.Aramco floated 1.7 percent of its shares on the Saudi bourse in December 2019, generating $29.4 billion in the world’s biggest initial public offering.
AMERICA (POLITICAL BABYLON)(NUKED BY SNEAK ATTACK FROM RUSSIA)
IN REVELATION 17 & 18 IS THE DESTRUCTION OF THE RELIGIOUS AND POLITICAL BABYLONS.IF YOU CAN NOT DECERN BETWEEN THE 2 BABYLONS IN REV 17 & 18.YOU WILL JUST THINK THEIR BOTH THE SAME.BUT NO-THERES A RELIGIOUS BABYLON (THE VATICAN IN REV 17)(AND THE POLITICAL BABYLON IN REV 18 (AMERICA OR NEW YORK TO BE EXACT)
ISAIAH 34:10
10 It (AMERICA-POLITICAL BABYLON) shall not be quenched night nor day; the smoke thereof shall go up for ever: from generation to generation it shall lie waste; none shall pass through it for ever and ever.
JEREMIAH 51:29-32 (CYBER ATTACK 1ST)
29 And the land shall tremble and sorrow: for every purpose of the LORD shall be performed against Babylon,(AMERICA-NEW YORK) to make the land of Babylon (AMERICA) a desolation without an inhabitant.
30 The mighty men of Babylon (AMERICA) have forborn to fight, they have remained in their holds: their might hath failed; they became as women: they have burned her dwellingplaces; her bars are broken.
031 One post shall run to meet another, and one messenger to meet another, to shew the king of Babylon (NEW YORK) that his city is taken at one end,
32 And that the passages are stopped,(THE WAR COMPUTERS HACKED OR EMP'D) and the reeds they have burned with fire, and the men of war are affrighted.(DON'T KNOW WHAT TO DO)
COMPLETE SILENCE AFTER AN EMP GOES OFF
REVELATION 8:1
1 And when he had opened the seventh seal, there was silence in heaven about the space of half an hour.
JEREMIAH 50:3,24
3 For out of the north (RUSSIA) there cometh up a nation against her, which shall make her land desolate, and none shall dwell therein: they shall remove, they shall depart, both man and beast.
24 I have laid a snare for thee, and thou art also taken, O Babylon,(AMERICA) and thou wast not aware: thou art found, and also caught, because thou hast striven against the LORD. (RUSSIA A SNEAK CYBER,EMP ATTACK,THEN NUKE ATTACK ON AMERICA.
JOEL 3:2 (WW3 OCCURS WHEN JERUSALEM IS DIVIDED)
2 I will also gather all nations, and will bring them down into the valley of Jehoshaphat, and will plead with them there for my people (ISRAEL) and for my heritage Israel, whom they have scattered among the nations, and parted my land.(JERUSALEM)(WW3 STARTS BECAUSE JERUSALEM IS DIVIDED AND ISRAELIS UPROOTED FROM THEIR GOD GIVIN LAND BRINGS 3 DEAD BILLION IN WW3)
US CENTRAL BANK DIGITAL CURRENCY
https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf
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.
MARK OF THE BEAST (engraved microchip in your hand or forehead)
REVELATION 13:16-18
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
REVELATION 16:1-2
1 And I heard a great voice out of the temple saying to the seven angels, Go your ways, and pour out the vials of the wrath of God upon the earth.
2 And the first went, and poured out his vial upon the earth; and there fell a noisome and grievous sore upon the men which had the mark of the beast, and upon them which worshipped his image.
I KNOW THIS MARK WILL BE A MICROCHIP IMPLANT UNDER THE SKIN. LETS LOOK UP WHAT THE WORD MARK SAYS IN REVELATION 13:16-18, 14:9,11, 15:2, 16:2, 19:20, 20:4-ALL THESE VERSES FROM THE BOOK OF REVELATION SPEAK OF THIS DICTATORS MARK. NOW LETS SEE WHAT IT MEANS FROM STRONGS EXAUSTIVE CONCORDANCE OF THE BIBLE. UNDER MARK PAGE 684.MARK UNDER MARK. THE OLD TESTAMENT IS UNDER HEBREW AND THE NEW TESTAMENT IS UNDER GREEK. SO WHEN WE LOOK UNDER REVELATION 13:16-17 WE SEE IT IS UNDER GREEK, SO WE GO TO GREEK IN THE BACK SECTION AND GO TO 5480 TO SEE WHAT IT SAYS THIS MARK WOULD BE. SO LETS GET TO IT.MARK IN STRONGS GREEK 5480 XAPAYUA CHARAGMA, KHAR-AG-MAH: FROM THE SAME AS 5482: A SCRATCH OR ETCHING, I.E STAMP (AS A BADGE OF SERVITUDE), OR SCULPTURED FIGURE-(STATUE):-GRAVEN, MARK FROM 5482 XAPAE CHARAX, KHAR-AX; FROM XAPAOOW CHARASSO (TO SHARPEN TO A POINT; AKIN TO 1125 THROUGH THE IDEA OF SCRATCHING); A STAKE, I.E (BYIMPL.) A PALISADE OR RAMPART (MILITARY MOUND FOR CIRCUMVALLATION IN A SIEGE): - TRENCH FROM 1125 YPAPOE GRAPHO, GRAF-0; A PRIM. VERB; TO "GRAVE", ESPEC. TO WRITE; FIG. TO DESCRIBE:-DESCRIBE, WRITE (-ING, -TEN).
THE MICROCHIP IMPLANT IN YOUR RIGHT HAND OR FOREHEAD.
US CENTRAL BANK DIGITAL CURRENCY
https://www.federalreserve.gov/publications/files/money-and-payments-20220120.pdf
LEVETICUS 19.28
Ye shall not make any cuttings in your flesh for the dead, nor print any marks upon you: I am the LORD.
JONES ON BANK FAILURE
https://www.infowars.com/posts/from-collapse-to-cbdc-to-hell-on-earth/
Contingency Planning for a Central Bank Digital Currency-February 25, 2020-bank of canada-Executive summary
How Canadians use money and make payments is changing in response to new technologies and more demanding expectations from consumers and businesses. People expect money to be safe and available to everyone. In addition, payments are increasingly expected to be fast, efficient and flexible. This is evident from the steady decline in the use of cash as consumers switch to card and electronic payments. At the same time, new alternative digital currencies are being created, with characteristics quite different from those of conventional money.The Bank of Canada is responsible for preserving the value of money and for supplying Canadians with bank notes (i.e., cash). It is also responsible for overseeing systemically important and prominent payment systems to ensure they are safe and efficient. To effectively carry out those responsibilities, the Bank must be ready to adapt to the changing nature of money and payments in Canada.The Bank is therefore implementing a portfolio of initiatives designed to prepare for the future of money and payments and to be ready for different possible scenarios that we cannot currently predict. The most important of these initiatives are:supporting Payments Canada’s Payment Modernization program to improve the speed, reliability, accessibility and end-user experience of our payment systems;ensuring bank notes remain available to Canadians who want to use them, including maintaining a distribution model that remains resilient and cost effective; and building, as a contingency, the capability to issue a cash-like central bank digital currency (CBDC) to the public, should the need ever arise.The Bank currently has no plans to launch a CBDC. Rather, the Bank will build the capacity to issue a general purpose, cash-like CBDC should the need to implement one arise. Because it will take several years to build this capacity, the Bank cannot wait until the need is evident before launching preparatory work. Preparing in advance is critical. At the same time, the Bank is preparing for a range of other possible changes to money and payments in Canada as innovation continues.The Bank will consider launching a CBDC if certain scenarios materialize or appear as if they are likely to. A CBDC could become beneficial or even necessary, if: the use of bank notes were to continue to decline to a point where Canadians no longer had the option of using them for a wide range of transactions; or one or more alternative digital currencies—likely issued by private sector entities—were to become widely used as an alternative to the Canadian dollar as a method of payment, store of value and unit of account.In either of these scenarios, a CBDC could be one way of preserving desirable features of the current payment ecosystem, such as universal access to secure payments, an acceptable degree of privacy, competition and resilience. The second scenario in particular would constitute a significant challenge to Canada’s monetary sovereignty—our ability to control monetary policy and provide services as lender of last resort. Other scenarios could arise, and the Bank will closely monitor developments in the payment sector to determine whether a CBDC is warranted.If the Bank were to issue a CBDC, there would be wide-reaching implications for the economy, the financial system and the Bank’s operations. Such a decision would therefore be made only after considering alternative policies for achieving our public policy objectives. It would also require careful management of the associated risks, notably:potentially adversely affecting the stability of deposit funding for banks or increasing the risk of a bank run; or becoming a vehicle for financial abuses, such as money laundering and terrorist financing.A decision to launch a CBDC would require the full support and approval of the Government of Canada and acceptance by the Canadian public. The design choices made in building a CBDC would be crucial to achieving policy goals while minimizing risks.Key steps in building capabilities for a CBDC include: monitoring and assessing developments in the payment sector;engaging external stakeholders to identify further policy objectives and obtain legal authority to issue a CBDC;communicating openly with the public and stakeholders to solicit input and raise awareness; and increasing technical research, in collaboration with partners from the private and public (e.g., other Canadian agencies and foreign central banks) sectors, to select and test an appropriate technology.
1. Introduction
Over the past few decades, technological advances have enabled consumers to significantly change the way they make payments, moving from primarily paper-based methods, such as cash and cheques, toward digital payments in the form of debit, credit and prepaid cards, mobile payments (e.g., Apple Pay or Google Pay), electronic transfers of funds (e.g., Interac e-transfer) and even some, albeit very limited, use of cryptocurrencies (e.g., Bitcoin, Litecoin, Zcash).1 Canada has been very much part of this global trend.As part of our role in the oversight of systemically important payment systems, the Bank of Canada is closely involved in Payments Canada’s ongoing Payments Modernization program. This is a multi-year initiative to modernize the existing core payment infrastructure as well as to introduce the new retail Real-Time Rail as a platform for competition and innovation.2 In its role as the provider of Canadian bank notes, the Bank is working to ensure the processing and distribution of these notes is as efficient as possible. This will help make certain that cash remains a viable method of payment well into the future, the importance of which will be discussed below.In addition to these improvements, the Bank has been studying whether there could be a role for a central bank digital currency (CBDC) in the retail portion of a modern payment ecosystem in some circumstances. A retail CBDC is defined as a liability of the Bank of Canada denominated in Canadian dollars that can be held and transferred in electronic form by the general public. Like cash, it would earn no interest and be universally accessible.The starting point for thinking about a CBDC is the Bank of Canada’s mandate to promote the economic and financial well-being of Canadians. The Bank’s mandate is fulfilled through its core functions: conducting monetary policy to deliver low, stable and predictable inflation; promoting the stability and efficiency of the Canadian financial system, including payment systems; providing bank notes that Canadians can use with confidence; and providing fiscal-agent services to the Government of Canada.The Bank’s ability to fulfill its mandate could be challenged under either of two broad scenarios. First, if the use of bank notes declined to a point where they could not be used for a sufficiently wide range of transactions, then the introduction of a CBDC could be beneficial. Second, if one or more alternative digital currencies threatened to become used widely as an alternative to the Canadian dollar as a method of payment, store of value and unit of account, then a CBDC could be one mechanism to defend monetary sovereignty. If either or both of these situations were to emerge, issuing a CBDC should be one of the policy responses considered as a means of continuing to fulfill the Bank’s mandate. Policies related to a CBDC are the main focus of this paper, which is structured as follows. Section 2 characterizes the functions of money in the economy that a digital currency could be designed to fulfill. Section 3 discusses two possible future scenarios and what potential role a CBDC could play in each. Section 4 explains how the Bank would manage some key risks. Section 5 discusses some design features. Section 6 discusses the business model. Section 7 discusses a high-level strategy for our future work on CBDC. Section 8 proposes next steps.2. Public policy considerations-A monetary system provides the basis for exchange in a market economy. A strong monetary system is underpinned by trust, which rests, among other things, on the credibility of monetary policy, the soundness of the banking system and the rule of law.The monetary system is a public good provided by a mix of public and private institutions. In our system, most money is created by the private sector in the form of bank deposits. However, money provided by the central bank to individuals (bank notes) and banks (settlement balances) supports the financial system. Confidence in the system is promoted by a range of factors, including the convertibility at par of central bank liabilities (notes and settlement balances) with commercial bank liabilities (deposits). Other policies, such as the provision by the government of comprehensive deposit insurance to retail investors, are also important in bolstering confidence that bank deposits held at one commercial bank can be converted at par into deposits at other banks and into notes issued by a central bank.In this context, Canadians expect their money to have the following features:Safety. Money should be a safe store of value that consumers can use with confidence when making payments.Universal accessibility. Access to money is essential for participation in the economy and must therefore be available to everyone.Privacy. Canadians are concerned about maintaining an appropriate degree of privacy both in relation to private businesses, such as merchants and payment providers, and in relation to the government. Results from our initial focus group work has emphasized the importance of privacy for users of payment systems. How much privacy should be available, and from whom, is an important public policy issue. A range of policies are already in place to try to ensure that payment instruments of all kinds are not used for illegal purposes and that personal data are protected. Resilience. Because it is crucial for economic transactions, money needs to be available all the time, regardless of circumstances. Competition and efficiency. Among other factors, the relatively concentrated nature of Canada’s financial system has been cited as contributing to the high level of fees set by credit card networks that are often passed on to merchants. More competition in payments will reduce costs, improve efficiency and service levels, and promote innovation and a wider range of products. Monetary sovereignty. Having a national currency as the dominant unit of account improves the efficiency of trade and promotes growth of the national economy. It also underpins the central bank’s ability to conduct independent monetary policy and act as a lender of last resort to protect financial stability. So, while changes in the mix of payment methods—such as the progressive switch from bank notes to cards—has not challenged monetary sovereignty, widespread use of a payment instrument not denominated in Canadian dollars would seriously put it at risk.Central bank cash supports all of these features and public policy objectives. As a liability of the central bank with the full backing of the government, central bank cash is the safest form of money. It can still be used in a wider range of transactions despite its declining use by Canadians. Cash is the only truly anonymous payment instrument in the sense that it allows Canadians to make purchases without sharing any personal information. Given its physical nature, cash is an extremely resilient method of payment that can be used for in-person transactions even when the physical infrastructure that other mechanisms rely on is compromised (e.g., because of a power outage). Finally, cash supports competition in the payment ecosystem by providing a low-cost, reliable and ever-present alternative to private sector payment methods.Privately supplied money meets many of these expectations as well. Retail bank deposits are backed by a government deposit insurance program and a strong regulatory regime. Canada has a high degree of financial inclusion, with about 99 percent of Canadians having bank accounts (Henry, Huynh and Welte 2018). The number of underbanked Canadians, however, is greater than the population of unbanked, often due to high banking fees. While commercial payment service providers (e.g., debit and credit card providers) see transactions on their systems, individual users’ personal information is kept private from merchants. Resilience is supported by a focus on security and strong backup systems. Competition in payment services is supported by a range of electronic payment alternatives (e.g., credit cards, debit cards, Interac e-transfer) that may expand further with the development of the Real-Time Rail, as Payments Canada is considering allowing non-bank payment service providers to access the Rail.3. Possible alternative futures-The Canadian monetary system and the role of bank notes in that framework serve Canadians well. Based on our research to date, there is currently no compelling case to issue a CBDC. The existing system provides Canadians with payment options that they can use with confidence and that offer a high degree of resilience and privacy. However, as technology evolves, conditions may emerge in which a digital form of central bank money, available to all Canadians, could be desirable. This section characterizes two broad scenarios. In neither scenario would the decision to issue a CBDC be automatic. The Bank and the government would still need to weigh public policy objectives and assess the different means to achieve those objectives and manage the associated risks.Scenario 1: A cashless economy-The use of bank notes in transactions in Canada has declined significantly in recent years. Canadian consumers have made this choice, mainly as a result of the increasing convenience of bank-based electronic methods of payment, notably debit and credit cards. This trend may well continue, supported, for example, by further advances in digital payments such as a successful launch of Payments Canada’s Real Time Rail. If significant numbers of merchants were to refuse to accept bank notes and if banks were to begin scaling back their cash-processing services, then this trend would be further reinforced. If these developments were to occur, a tipping point could be reached, and consumers could lose the option of easily making payments using cash. In Sweden, the use of bank notes has fallen to a level that triggered public discussion of a CBDC as a possible option (Sveriges Riksbank 2017, 2018).It is likely that use of bank notes for transaction purposes will continue to decline in Canada, as payment technology improves and consumers become increasingly comfortable with online commerce and contactless, “tap and go,” technology. In 2017, only 33 percent of transactions at the point of sale (or 15 percent by value) were completed using cash. This was down from about 54 percent in 2009.3 In our 2019 Cash Alternative Survey, 9 percent of respondents said they do not use cash while another 6 percent planned to stop using cash within five years (Huynh, Nicholls and Nicholson forthcoming).4 It is not clear that Canada is near a tipping point in cash use, as may be happening in Sweden (Engert, Fung and Segendorf 2019). In Canada, merchants’ acceptance of bank notes has been bolstered by credit card arrangements. Credit cards are Canadian consumers’ most likely alternative to cash as a result of the premiums (e.g., points programs) offered for using them. From the merchants’ standpoint, however, they are the most expensive method of payment to accept. Merchants realize that refusing to accept cash may push more of their customers toward using credit cards, which could entail higher costs, including fees such as interchange fees. Despite this, there are some merchants who have decided that, for them, cash is more expensive and now accept card payments only. The declining use of cash, along with the potential for reinforcing behaviour by merchants and banks, is a complex situation that the Bank will continue to monitor closely. A key issue is to define the minimum acceptable or necessary use of cash.If the Canadian economy became cashless for transaction purposes, Canada would lose some of the benefits of cash that have been outlined above: safety, universal accessibility, privacy, resilience and competition.5 How serious would this be? With regard to safety, households would lose access to a method of payment directly backed by the central bank, a trusted public institution. In the present Canadian system, however, cash is not the only safe asset: most retail bank deposits are fully protected from loss by government-provided deposit insurance.6 But the public might not always perceive such deposits as being as safe as cash. Also, even if there were no bank notes at all, wholesale central bank liabilities would still be convertible at par with commercial bank money, thereby providing implicit backing to retail bank deposits. Despite this public sector support for commercial bank money, there could still be circumstances under which individuals question the safety of their deposits.With regard to universal accessibility, the concern is that a cashless society would make it difficult for some segments of the population to make purchases or receive money. Cash is accessible to people of all ages and income levels. While most adult Canadians have some form of bank account,7 not all have the ability to use bank-based methods of payment at a reasonable cost. They may face high transaction fees and other limitations or live in areas where banks do not find it profitable to maintain a branch. People who don’t have access to banking services—the unbanked and underbanked—are likely to be people who are already disadvantaged—low-income households; people in remote communities, including Indigenous peoples; people living with sight loss or with other physical or mental challenges; new Canadians; and visitors to Canada. Consequently, an important public policy objective should be to ensure these disadvantaged groups in society have acceptable access to payment methods, if the acceptance of cash were to fall below a certain level.Losing the ability to make payments using cash raises privacy concerns (see Garratt and Van Oordt 2019). Canadians would not be able to pay for goods and services anonymously or without that transaction being visible to their bank and other businesses. Data on payments are becoming increasingly important to various social media and commercial entities that are able to monetize the information for profit. This often happens without the knowledge or consent of end-users. Of course, privacy also has a dark side because it can hide illicit transactions such as those associated with money laundering, terrorist financing and tax evasion.A cashless payment ecosystem could also have less resilience. Cash provides a useful alternative if computer systems or electrical power is down. This backup would be lost if cash were to disappear from use.The disappearance of cash would eliminate a choice available to Canadians who find other payment methods too expensive, thereby reducing competition in the payment market. Adequate competition in private sector payments or a new public sector alternative might be needed to avoid higher prices and restricted services.The Bank of Canada would consider issuing a digital equivalent to cash as a CBDC if it appeared that Canada was moving to a cashless society and the potential adverse consequences, especially for disadvantaged groups, were judged to be significant. Such a CBDC would be designed to have the same characteristics as cash and be usable for a wide set of in-person and potentially even online transactions. It would need to be cost-effective for households to use and for merchants and banks to process. In this scenario, the Canadian public and the government would need to assess whether the potential adverse consequences of a cashless society would be significant enough to justify the creation of a CBDC. As one indication, 46 percent of respondents to our recent Cash Alternative Survey report that the disappearance of cash would be problematic.8-If Canada were to move more rapidly toward a cashless society, creating a CBDC would not be the only viable response. This trend could be delayed before advancing too far by optimizing the infrastructure for processing and distributing bank notes to keep their costs favourable. Such work is already well underway and will continue to move forward. There may be other steps that could be taken to maintain cash as an available method of payment. For example, some jurisdictions are considering or implementing laws or regulations to change the definition of legal tender to require acceptance of cash at the point of sale. The benefits and costs of amending the legislation governing legal tender in Canada should be investigated. Research should also examine the implications of cash no longer being used in transactions while it nevertheless remains in circulation as a store of value.Better oversight of payment service providers in the private sector would help manage adverse consequences of a cashless society. This would be in addition to the Bank’s regulatory regime for systemically important and prominent payment systems, which ensures that important national payment systems operate to acceptable standards and meet public policy objectives. The Government of Canada has proposed introducing legislation to implement a new retail payment oversight framework so non-bank retail payment service providers can continue to offer innovation in services while remaining reliable and safe. The framework would require payment service providers to establish sound practices to manage operational risk and to protect users against losing funds. The Bank of Canada would oversee the compliance of payment service providers with operational and financial requirements and maintain a public registry of regulated payment service providers. This regime will also enable increased access to the Bank’s balance sheet and to core payment systems, which will help to increase competition in payments.Further actions are being directed at improving private sector electronic payment systems. This includes Payments Canada’s modernization program (including the Real-Time Rail) and other measures to promote entry, consumer choice and competition in the payment system market. Beyond the initiatives that are currently planned, consideration would need to be given to further measures to mitigate the adverse consequences of a cashless society, such as establishing a common digital identity, promoting universal access to cost-efficient bank accounts, strengthening privacy laws and regulations and improving the resilience of private sector payment systems.Scenario 2: Private digital currencies-With the advent of cryptocurrencies and stablecoins, increasing consideration has been given to the possibility that one or more digital currencies created by private sector entities could play an increasing role in payments.9 How likely is this to occur? There is little chance that Bitcoin and other similar cryptocurrencies will play a large role in Canadian payments due to their high transfer costs, lack of scalability and unstable purchasing power. To date, the use of cryptocurrencies to complete transactions is very limited, and our recent Bitcoin Omnibus Survey indicated that about only 5 percent of Canadians currently hold Bitcoin (Henry et al. 2019).Stablecoins are perhaps a more plausible disruptor. They attempt to maintain a stable value against a currency, commodity or basket of assets, often with partial or full asset backing. This mitigates one issue—high volatility in value—that has obviously restricted the ability of cryptocurrencies to establish themselves as a method of payment, although it is not clear that stablecoins address the other factors that have maintained the dominance of traditional fiat currencies. There are now about 150 stablecoins around the world. Most have had limited uptake so far. However, in 2019, Facebook’s proposed Libra highlighted the possibility that a ready-made platform, with an established network of users, could quickly establish a measure of confidence and global footprint. A similar scenario could arise if a CBDC issued by a foreign central bank had extensive cross-border use in Canada.10-Other digital products will likely emerge with advances in technology and developments in the market. New products are being launched every month, and it is possible that one could come along that is attractive enough to make it a plausible alternative.Widespread use of any digital currency could pose issues related to safety. Since private digital currencies lack the backing of a central bank or deposit insurance, they are subject to operational and financial risks that neither cash nor bank deposits face.11 In addition, a private digital currency that lacks a central governance authority will create challenges for regulatory oversight, decreasing the ability of governments to take actions to protect end-users. The threats to safety would be particularly high if multiple private digital currencies were to emerge because it would be difficult for consumers to understand the risks of each digital currency. The need to scrutinize the safety of each digital currency could threaten the basic efficiency of economic transactions.Moreover, Canada’s monetary sovereignty would be threatened if a private digital currency not denominated in Canadian dollars were to play a major role in payments in Canada (see Davoodhalhosseini, Rivadeneyra and Zhu 2020; Diez de los Rios and Zhu 2020; and G7 2019). If such a digital currency were to become widely used as a unit of account, it would undermine the Bank of Canada’s ability to achieve price and financial stability. This is because: households’ spending power would depend on the value of a digital currency unit over which the Bank of Canada would have no influence; the Bank of Canada’s primary tool for monetary policy, the target Canadian-dollar overnight interest rate (and the related cost of borrowing and return on settlement balances at the Bank), would no longer influence prevailing borrowing and lending interest rates and economic activity in Canada; and policies related to the role of lender of last resort can only be enacted in the currency supplied by the central bank.A digital currency issued by a big technology company could undermine competition in the economy as a whole because the company might use its dominant market position in one industry to control payments and competition in other industries. In the case of a large technology company, the issuer would also have an incentive to commercially exploit the data generated through its use, which would reduce privacy. It could also undermine resilience if transactions became concentrated in a single digital currency because any operational failure could have broad repercussions across the economy and the financial system. Universal access could be limited because digital platforms are not easily accessible to everyone or could be actively restricted by private providers.12 The Bank of Canada will consider issuing a CBDC if private digital currencies appear as if they will begin to materially erode the public good benefits of the Canadian dollar.13 In contrast to private digital currencies, a CBDC would be backed by an institution with clear public policy objectives and accountability and the full weight of public trust behind it.A CBDC is not the only policy response available should this scenario materialize, and the appropriate mix of policy responses would depend on the factors that gave rise to the demand to use the alternative currency. Regulations governing private digital currencies could mitigate some of their negative aspects. Such regulations would need to ensure that private digital currencies that are important to the Canadian economy observe acceptable standards, including for soundness, operational resilience, privacy, data protection and fair competition. In general, the principle of same activities, same risks, same regulations should apply to private digital currencies to ensure they meet the same high standards as existing payment systems. Private digital currencies that cannot meet these standards should not be allowed to play a role in the Canadian economy. Given the global scope of many of these private digital currencies, the regulatory response also needs to be globally coordinated. The Bank of Canada is collaborating with the Financial Stability Board to identify gaps in existing regulatory frameworks and work toward an acceptable degree of harmonization.14-In addition, improving existing payment systems will reduce the likelihood that Canadians will turn to private digital currencies. The Bank supports the efforts of Payments Canada to improve Canada’s conventional core payment systems through the Payments Modernization program. But this work will need to continue and be extended as payments and money continue to evolve. For example, improved cross-border payments are a goal of many private digital currencies. As a result, central banks and other authorities globally have work underway to identify and address the impediments to faster and cheaper cross-border payments.
4. Managing the risks-Banking system fragilities-A CBDC would be designed to limit its attractiveness as a competitor for bank deposits.15 To achieve this, it would resemble cash in its attributes and would not earn interest. This would mitigate adverse financial stability consequences that might arise if banks needed to resort to more expensive and fragile forms of funding to replace funding from deposits.16-The Canadian banking system is well-capitalized and resilient so the effects on financial stability of a mild shift from deposits into a CBDC would be modest. Retail deposits are an important source of inexpensive and stable funding to Canadian banks, but they are only one of many funding sources. If some outflow from bank deposits into a CBDC were to occur, banks could increase their use of other funding sources and take steps to retain deposits by offering customers a better value proposition (e.g., higher interest rates, improved services). Banks will need to be prepared to take these steps whether or not a CBDC is issued because other developments are likely to increase competition for deposit funding and payment services in Canada. These developments include: payment system modernization, new policies on access to consumer data, and new competition from technology-focused financial companies.The ability to convert deposits into cash or deposits of another bank underpins confidence in normal times. But in extremely rare events, it can allow bank runs, which can destabilize individual banks or, in the worst case, the entire banking system. The availability of a CBDC could, in certain circumstances, make such runs easier and therefore more likely.There are several mitigating factors to consider when examining the potential for a CBDC to increase the chance of bank runs. Bank runs driven by retail depositors have been rare in Canada, given the strength of the banking system and related regulations. The incentive to run is limited, given the degree of protection provided to retail deposits through effective regulation and oversight, open bank resolution and deposit insurance. But this is not guaranteed to be successful under all circumstances, as experience elsewhere has shown. To date, the incidence of retail runs does not seem to have increased globally despite developments that make it easier to withdraw money at any time, such as automated teller machines, internet banking and faster retail payment systems. Moreover, large sophisticated depositors already have many tools to move their money quickly out of banks, including buying treasury bills or moving to other domestic or offshore banks.A destabilizing run from deposits into a CBDC is unlikely to happen, but the Bank of Canada would need to be prepared. The Bank would stand ready to provide liquidity to any sound institution suffering deposit outflows of this kind. The Bank already has a range of liquidity facilities to undertake the role of lender of last resort, a traditional function of central banks.Further research is necessary to more fully understand the implications of a CBDC for the Canadian banking system, the effects of different CBDC design choices and any policies necessary to preserve the stability of bank deposits, and any other unintended consequences.If flows into and out of a CBDC turned out to be larger and more volatile than expected, this would also raise two main issues for the Bank’s monetary policy operating framework and balance sheet. First, an increase in the sum of cash and CBDC balances would trigger an increase in the size of the Bank’s balance sheet. The necessary asset purchases would require the Bank to reassess its operating procedures to avoid taking a dominating role in the market for Government of Canada securities. Second, a CBDC might lead to a large increase in the daily volatility of the Bank’s balance sheet. This re-emphasizes the need for liquidity facilities to sterilize these movements to avoid threatening the Bank’s ability to implement monetary policy.Financial system abuses-While a degree of privacy is a core attribute of money, it would almost certainly be unacceptable for a CBDC to provide a cash-like degree of anonymity. For example, if a CBDC were implemented as a public, permissionless blockchain, it could be a vehicle for abusive transactions, facilitating money laundering, terrorist financing, criminal activity and tax evasion. So, a CBDC could be designed to implement a form of privacy rather than cash-like anonymity, allowing it to satisfy anti-money laundering, anti-terrorist financing and other regulations that require disclosure of certain kinds of private information. Further investigation will be needed to determine the arrangement that could achieve this, including technology and governance. However, our initial research indicates that it would be possible to achieve both a high degree of privacy and well-controlled disclosure of information, for example, only with the presentation of a court warrant (Darbha and Arora, forthcoming). Any acceptable design for a CDBC will need to include controls that ensure adherence to current laws while offering a sufficient level of privacy.5. Broad adoption: Design is key-A CBDC should be designed to promote public adoption and use. In addition, government support (for example, by making any needed legislative changes) would also be required. Wide adoption does not mean most transactions use the CBDC, but it would require that most Canadians were willing to hold it and use it for at least some transactions.The technical design of such a CBDC will take several years and involve in-depth interaction with stakeholders and the public. But some analytical work has already helped to inform the design and potential adoption of a CBDC.17 There are important trade-offs among public benefit, popular adoption and political viability that will need to be managed in design decisions. For example, a CBDC that provides very strong privacy protection could create anti-money laundering and terrorist financing concerns.Along with the legal and regulatory landscape, business model ecosystem, and execution strategy, technology has a vital role to play in creating a system that supports the policy objectives described above. For further information, see Shah et al. (2020). The final technical design would need to support the following attributes:Cash-like. The technology would need to enable person-to-person transfers with immediate settlement, offer a great deal of privacy (not anonymity), have very high resilience in the event of infrastructure failure and be universally accessible. Relevant in an increasingly digital world. Usable online, the technology would be safer from theft and illicit use than cash. It could be designed to be adaptable as new types of electronic transactions (e.g., machine-to-machine payments or the internet of things) become possible.Universal accessibility. The system should be designed to be extensible as interfaces used by consumers (smartphones, smartwatches, personal computers, internet of things, etc.) evolve and provide a dedicated universal access device (UAD) to support access (financial and digital inclusion) and resilience. For further information, see Miedema and Minwalla (forthcoming).Payment of interest. The cash-like CBDC envisioned would pay no interest. However, the payment of interest is technically feasible, especially for designs that connect to users over a network.18 It would be more challenging for a de-networked UAD because the system would need to know the rates of interest and transaction times. A number of possible remedies would require further research. Payment safety and resilience. In times of normally functioning infrastructure, a CBDC system could be designed to achieve very high levels of reliability. In the event of infrastructure failure, such as of electrical power and cellular networks, the UAD concept forms the basis of extreme resilience because it does not require a network or an electrical grid. (It requires a battery, but this can be long lasting.) If an even greater degree of resilience is required, this could be achieved by a system that is entirely distinct from other payments infrastructure, except for the need to transfer between commercial bank money and a CBDC. Resilience against cyber attacks would be another important aspect of design. While a CBDC would be a high-value target for cyber attacks, the security tool kit is rich to guard against this type of risk. Security would need to be a core aspect of the design from the outset. For further information, see Minwalla (forthcoming). Privacy in payments. Preliminary work suggests that it could be feasible to create a highly private money that also enables compliance with regulations that require disclosure of information, such as anti-money laundering rules. For more information, see Darbha and Arora (forthcoming). Cash-like anonymity would not be a policy objective because such a CBDC would be extensively used in illicit activity and would not respect anti-money laundering regulations. Integration with existing payment systems. A CBDC would interoperate with existing payment systems. At a minimum, connections to other payment systems would allow end-users to move in and out of a CBDC. In some designs, existing payment networks could also provide payment and transfer services for a CBDC.A successful CBDC would need wide public adoption and government support. In fact, to meet the policy objectives of providing universal access and improving resilience, acceptance of the CBDC would need to be near complete. The product would therefore need to be competitive relative to alternative methods of payment in terms of access, convenience, safety, versatility, portability, ease of use and cost. Unique features in terms of being risk-free, functioning off-line and being available to everyone will help drive public demand relative to private sector services. This will require careful design and implementation choices. The decreased use of cash shows that, under many conditions, Canadians value convenience over other core features such as privacy, safety and resilience. CBDC design, however, must still place important emphasis on these other core features.Preliminary research on CBDC adoption can be found in Huynh, Nicholls and Shcherbakov (2019) and Jiang (forthcoming). Initial public response through focus groups imply there could be a basic level of demand for a CBDC but that it may not be substantial at this time. More research is required on the degree of adoption needed to meet the policy goals and the likely level of user demand given the design factors being considered.6. Business models-An important consideration in developing a CBDC is the appropriate business model. This would need to achieve the policy objectives of a CBDC while aligning with the Bank’s best management practices: managing costs effectively, applying technology in innovative ways, developing and managing strategic partnerships, and maintaining agility.One business model to consider is the current approach to producing and distributing bank notes: a public-private mix involving partnerships with security feature providers, bank note printers, regulated financial institutions and others. However, other business models may be viable and offer advantages in a digital era with consumer expectations of innovation.19-One example would be a direct model in which the Bank would provide a CBDC to consumers without intermediation. The Bank would provide all end-user products (e.g., smartphone apps, UADs) and services. An alternative would be a platform model, where the Bank develops a core system that third parties, not necessarily just regulated financial institutions, could use to build end-user products. The incentive for third parties may be as simple as making their product more attractive to their users by integrating methods of payment. A mixed model is also possible where the Bank develops high-quality baseline services and products for end-users while allowing third parties to supplement these with value-added services and products.One focus of our future work and research will be on the selection of an appropriate business model to balance the costs, public policy objectives and interests of the participants. For further information, see Shah (forthcoming).-7. High-level strategy-This section outlines a high-level strategy and approach by which the Bank could achieve a state of readiness to move ahead promptly to issue a CBDC if that decision is made.Government policy support for a CBDC would be required to provide the Bank clear legal authority to issue the CBDC and to spell out how the CBDC fits within various regulatory schemes that apply to other types of assets and methods of payment. This implies that the case for a CBDC would need to be not only valid but also straightforward, compelling and compatible with other government priorities.The Bank will actively engage with external stakeholders in the government and business as well as with end-users. This activity is required to gather further input into the implications of a CBDC on the policy goals of various government bodies. The demands of merchants and end-users, as well as the effects on participant financial institutions in the CBDC ecosystem, will also need to be considered. Another important aspect of our stakeholder engagement will be consultations with other central banks around all aspects of the drivers, motivations and design choices for a CBDC.The Bank will also need to understand the priorities of Canadians with respect to their currency. The next rounds of consultations will aim to educate the public about a CBDC and its differences from other forms of digital money, to understand their preferred currency traits and model attributes and to gather their views on the possible adoption of a CBDC.The Bank will set up a framework to continuously monitor contingency conditions with respect to use of cash and private digital currencies. As part of this analysis, research will need to identify triggers to help determine whether and when to move forward with increased readiness or even issuance of a CBDC. At the same time, work on technological options will continue. The Bank would require several years of work to get to the point where it would be possible to issue a CBDC. Because of this long lead time and the uncertainty about the issuance conditions, foundational work will begin immediately. Work can be sped up or ramped down should the assessment of prospects for introducing a CBDC change.Our estimation of a long development period to make a CBDC available to Canadians rests on several assumptions and uncertainties. We are assuming a target of a generally available CBDC with both UAD and smartphone app platforms exhibiting a high degree of privacy and compliance with regulations. These platforms need to fully consider the needs of external stakeholders and aim to achieve the policy recommendations outlined in this note.The Bank will continue to collaborate with other central banks to share experiences, assess use cases and discuss functional and technical design choices, including cross-border interoperability.20-Technical attributes-Deciding on a technical approach requires further work to clarify requirements and the business model and might depend on the circumstances that lead to the decision to issue. The Bank will continue to investigate both centralized and decentralized options for implementing a CBDC. For the core system, the Bank will draw on cutting-edge techniques, such as new cryptographic schemes, tamper-resistant hardware and hardware security modules to ensure privacy, security and resilience.21-Technology will evolve as the project proceeds. A design that may not be deployed for some years risks becoming obsolete. Core technologies, such as internet protocols and server hardware, evolve very slowly once they become pervasive. But end-user interfaces tend to evolve much more quickly. Good system design minimizes interdependencies between core services that evolve slowly and front-end technology that evolves more quickly (e.g., smartwatches).We will pursue a progression of experimental pilot projects to understand the value proposition to consumers and other stakeholders in the ecosystem and to shape the design of the CBDC. Pilot projects will help mitigate the risks of user-experience design flaws, help gauge adoption, inform and test a communications strategy, inform legal and regulatory issues, hone the operational model, provide a venue to involve stakeholders, etc. Pilot projects may also help gauge the viability of a platform business model and refine and test incentives.Wholesale payments-This paper describes the Bank of Canada’s decision to create the capabilities needed to issue a cash-like retail CBDC. The changes in money and payments described here also have an effect on wholesale payments, which are larger payments between financial institutions and business. Wholesale payments are also facing potential competition from private cryptocurrencies.The Bank of Canada is collaborating with Payments Canada on the Payments Modernization program, which includes modernizing Canada’s core wholesale payments system. In addition, the Bank has been doing research, outreach and experimentation in the area of distributed ledger technology and wholesale payments since 2016. The flagship of this work, Project Jasper, has allowed the Bank to explore the benefits and risks of new technologies for wholesale payments.22 The Bank plans to continue this work to be prepared for future developments in wholesale payments.8. Conclusion-The Bank currently has no plans to launch a CBDC. Rather, as a contingency plan only, the Bank will build the capacity to issue a retail, cash-like CBDC should the need to implement one ever arise. Two scenarios have been identified in which launching a CBDC could enable the Bank of Canada to fulfill its mandate. Either scenario could materialize very quickly, warranting vigilant attention to evolving developments in payments. Because of this and given the time required to create a viable CBDC, the Bank has decided to pursue a contingency strategy designed to create a state of sufficient policy and operational readiness to launch a CBDC relatively quickly should that decision be made.Significant work is required to achieve such a state of readiness. What the Bank brings to a digital currency is public trust, and such trust needs to be maintained through execution that minimizes the risk of an operational failure, data breach or cyber attack, ensures adequate public uptake and prevents negative consequences for the financial system.A CBDC can also work together with Payments Canada’s Payments Modernization program and the Bank’s efforts to improve the efficiency of the bank note distribution model to ensure that Canadians continue to have access to a variety of safe, resilient and efficient payment choices.For many years now, cash has been at the core of the Bank’s efforts to deliver on the public policy objectives described above. The need for the Bank to pursue these objectives does not disappear as payments become more electronic. A cash-like CBDC could be an important component of an effective strategy for the Bank to achieve its public policy goals of safety, universal accessibility, privacy, resilience, competition and monetary sovereignty. In the years ahead, the Bank will conduct its work on a CBDC in a transparent manner, with regular consultations with stakeholders at home and abroad and public presentation of conclusions and issues, as they emerge.References-Andolfatto, D. 2018. “Assessing the Impact of Central Bank Digital Currency on Private Banks.” Federal Reserve Board of St. Louis Working Paper No. 2018-26C.Barrdear, J. and M. Kumhof. 2016. “The Macroeconomics of Central Bank Issued Digital Currencies.” Bank of England Staff Working Paper No. 605.Bech, H. and C. Boar. 2019. “Shaping the Future of Payments.” Bank for International Settlements.Brunnermeier, M. K. and D. Niepelt. 2019. “On the Equivalence of Private and Public Money.” Journal of Monetary Economics 106 (October): 27–41.Chiu, J., M. 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Forthcoming. “Demand for Payment Services and Consumer Welfare: The Introduction of a Central Bank Digital Currency.” Bank of Canada Staff Working Paper.Huynh, K., G. Nicholls and M. Nicholson. 2019. “2018 Merchant Acceptance Survey.” Bank of Canada Staff Analytical Note No. 2019-31.Huynh, K., G. Nicholls and M. Nicholson. Forthcoming. “2019 Cash Alternative Survey Results.” Bank of Canada Staff Analytical Note.Huynh, K., G. Nicholls and O. Shcherbakov. 2019. “Explaining the Interplay Between Merchant Acceptance and Consumer Adoption in Two-Sided Markets for Payment Methods.” Bank of Canada Staff Working Paper No. 2019-32.Jiang, J. H. Forthcoming. “CBDC Adoption and Usage: Some Insights from Field and Laboratory Experiments.” Bank of Canada.Kahn, C. M., F. Rivadeneyra and T.-N. Wong. 2018. “Should the Central Bank Issue E-money?” Bank of Canada Staff Working Paper 2018-58.Kahn, C. M. and F. Rivadeneyra. Forthcoming. “Security and Convenience of CBDC.” Bank of Canada.Keister, T. and C. Monnet. 2019. “Central Bank Digital Currency: Stability and Information” Mimeo.Keister, T. and D. Sanches. 2019. “Should Central Banks Issue Digital Currency?” Federal Reserve Bank of Philadelphia Working Paper No. 19-26.Kumhof, M. and C. Noone. 2018. “Central Bank Digital Currencies—Design Principles and Balance Sheet Implications.” Bank of England Staff Working Paper No. 725.Miedema, J. and C. Minwalla. Forthcoming. “Universal Access.” Bank of Canada.Minwalla, C. Forthcoming. “CBDC Security.” Bank of Canada.Payments Canada. 2017. Modernization Target State: Summary of the Key Requirements, Conceptual End State, Integrated Work Plan and Benefits of the Modernization Program.Payments Canada. 2019. “Canadian Payment Methods and Trends: 2019.”Shah, D. Forthcoming. “CBDC Business Models.” Bank of Canada.Shah, D., R. Arora, H. Du, S. Darbha, J. Miedema and C. Minwalla. 2020. “Technology Approach for a CBDC.” Bank of Canada Staff Analytical Note No. 2020-6.Schilling, L. and H. Uhlig. 2019. “Some Simple Bitcoin Economics.” Journal of Monetary Economics 106 (October): 16–26.Sveriges Riksbank. 2017. The Riksbank’s e-krona Project: Report 1.Sveriges Riksbank. 2018. The Riksbank’s e-krona Project: Report 2.Endnotes-Footnotes- 1. See Henry, Huynh and Welte (2018), Payments Canada (2019) and Bech and Boar (2019) for discussions of payment trends.[?]-2. See Payments Canada (2017) for an overview of the various components of the Payments Canada Modernization Project. See Payments Canada’s website for more information. The Real-Time Rail will be an always-available system that facilitates the real-time delivery of low-value payments with immediate funds availability for the recipient.[?]- 3. See Henry, Huynh and Welte (2018). Information on merchant cash acceptance can be found in Huynh, Nicholls, and Nicholson (2019).[?]-4. Note that there is a dichotomy in the Canadian cash data. While cash use at point of sale is declining, cash outstanding scaled by GDP has been flat to increasing for an extended period. Part of our research goal is to better understand these divergent trends.[?]- 5. Some of these points are also discussed in Engert, Fung and Hendry (2019).[?]- 6. Canada Deposit Insurance Corporation (CDIC) provides deposit insurance that covers up to $100,000 per account held at CDIC’s member financial institutions, which include banks, federally regulated credit unions, as well as loan and trust companies and associations governed by the Cooperative Credit Associations Act that take deposits.[?]- 7. See Henry, Huynh and Welte (2018).[?]- 8. See the results of the Cash Alternative Survey by Huynh, Nicholls and Nicholson (forthcoming).[?]- 9. Private digital currencies, cryptocurrencies and stablecoins are different types of new, private, blockchain-based, alternative units of account that can be used to make payments. Examples include Bitcoin and Libra (which is a new stablecoin proposed by Facebook).[?]-10. Until now, examples where an alternative currency has challenged the dominant position of the official currency of a jurisdiction have been restricted to cases where the state was facing severe social and political stress from other sources. But this does not mean it would be impossible for modern technology to enable the establishment of a challenger currency in a stable, advanced economy.[?]- 11. Further detail on the risks of stablecoins can be found in G7 (2019). CPMI (2015) contains a review of the risks of private digital currencies.[?]-12. See Chiu and Wong (2015).[?]- 13. See Fernández-Villaverde and Sanches (2019), who show that a monetary system with competing private issuers of fiat currencies does not lead to a socially efficient quantity of money. In a model where agents have access to two competing currencies (Bitcoin and a domestic currency), Shilling and Uhlig (2019) show that the price volatility of Bitcoin is consistent with it being used as a means of payment, although achieving the central bank’s inflation target requires frequent injections of domestic currency.[?-14. See “Regulatory issues of stablecoins,” for more information.[?]-15. Kumhof and Noone (2019) propose some design principles for a CBDC through which central banks can ensure the stability of banks. Monnet and Keister (2019) argue that an appropriately designed CBDC can improve the stability of the banking system because monitoring the flow of CBDC funds can provide valuable information for the central bank on the banks’ balance sheets.[?]- 16. Keister and Sanches (2019) argue that issuing an interest-bearing CBDC can increase the cost of funding for banks, thus leading to less intermediation. Chiu et al. (2019) discuss effects of a CBDC on the banking sector where banks have market power. See also Andolfatto (2018). Brunnermeier and Niepelt (2019) show that if the central bank can lend back to private banks, then the substitution of a CBDC for deposits would not change macroeconomic outcomes.[?]-17. For more information about adoption and design, see Kahn, Rivadeneyra and Wong (2018), Kahn and Rivadeneyra (forthcoming), Jiang (forthcoming), Huynh et al. (forthcoming) and Huynh, Nicholls and Shcherbakov (2019).[?]-18. Barrdear and Kumhof (2016) estimate that introducing a CBDC can permanently increase GDP by 3 percent. Yet, improving monetary policy through a CBDC is not currently a motivation for the Bank of Canada.[?]-19. See Kahn, Rivadeneyra and Wong (2018) for a description of various distribution models.[?]- 20. On January 21, 2020, the Bank of Canada announced it will work with several other central banks to assess potential cases for CBDC. See the press release for more information.[?]-21. Shah et al. (2020) provide more information on the overall technology research conducted in 2019.[?]-22. See “Fintech Experiments and Projects.”[?]-
SWIFT Banking Network Conducts New Global Phase of CBDC Testing-by Jamie White-March 12th 2023, 11:57 am
The interbank messaging company SWIFT is moving forward on a project to build a standardized global interlinking Central Bank Digital Currency (CBDC) system.The project for CBDC cross-border payments involved 18 central and commercial banks from around the world, including the Banque de France, Royal Bank of Canada, Société Générale, HSBC, Deutsche Bundesbank, NatWest, UBS, France’s BNP Paribas, Italy’s Intesa Sanpaolo, the UL’s Standard Chartered (STAN), and the Monetary Authority of Singapore.“While interest in CBDCs is growing, so is the risk of fragmentation as a widening range of technologies and standards is being experimented with,” Lewis Sun, global head of domestic and emerging payments at HSBC, said in a statement, adding that the SWIFT project may lead to “faster, cheaper and more secure cross-border payments.”Naturally, the banks are eager to see SWIFT’s CBDC project through.“The central and commercial banks involved in the project saw ‘clear potential and value’ in SWIFT’s CBDC project,” CNBC reported last week.SWIFT said the project’s tests had so far shown that CBDCs and traditional currencies can “co-exist” in the same “financial ecosystem.”“Our experiments have shown the critical role that SWIFT can play in a financial ecosystem in which digital and traditional currencies co-exist,” said Tom Zschach, Chief Innovation Officer at SWIFT. “Our solution has been successfully tested across almost 5,000 transactions between two different blockchain networks and a traditional fiat currency, and we’re delighted to have the support of our community in developing it further.”“Many participants have made clear their desire for continued collaboration on interoperability, and this is particularly pleasing,” he added.Over 100 countries are currently working on some form of CBDCs, with some having already launched the digital currencies, while others continue with testing phases.The fact SWIFT is working on a system to consolidate even more financial control to central banks is not encouraging.Just look what happened to Russia — shortly after invading Ukraine, it was promptly expelled from the SWIFT payment network.In effect, the global SWIFT system was weaponized against Russian banks for deviating from the agenda of a global banking consortium.What’s to stop that from happening to other countries if they step out of line?A centralized SWIFT-backed CBDC system would only further entrench the New World Order paradigm into countries who adopt it.
DFPI Statement: Silvergate Bank to Begin Voluntary Liquidation-Mar 8, 2023
SACRAMENTO – The California Department of Financial Protection and Innovation announced today that Silvergate Bank, a state-chartered bank under the supervision of the DFPI, has voluntarily begun the process of liquidation. Silvergate Bank is based in La Jolla, California.“The Department of Financial Protection and Innovation is monitoring the situation closely to facilitate the safe and expeditious voluntary liquidation of Silvergate Bank,” said DFPI Commissioner Clothilde Hewlett. “The Department is evaluating compliance with all financial laws, as well as safety and soundness obligations, and is working closely with relevant Federal counterparts.”DFPI expects any person offering financial services that operates in California will comply with state and federal laws. Consumers can file a complaint with the DFPI online (dfpi.ca.gov/file-a-complaint) or call toll-free at (866) 275-2677.About DFPI-The Department of Financial Protection and Innovation protects consumers, regulates financial services, and fosters responsible innovation. DFPI protects consumers by establishing and enforcing financial regulations that promote transparency and accountability. We empower all Californians to access a fair and equitable financial marketplace through education and preventing potential risks, fraud, and abuse. Learn more at dfpi.ca.gov.
Tel Aviv shares drop as SVB failure triggers cash-flow concern for Israeli startups-LeumiTech says it helped Israeli startups transfer $1 billion out of SVB accounts; government pledges to help tech firms-By Sharon Wrobel-mar 12,23-Today, 4:07 pm
Israeli shares dipped on Sunday led by bank and insurance stocks, following the collapse of the Silicon Valley Bank Financial Group, the biggest lender to fail since the 2008 financial crisis.Tel Aviv Stock Exchange’s benchmark TA-125 index dropped about 3%, while the TA-35 index of blue-chip companies fell 2.7%. The Tel Aviv index of the five largest banks was down 2.4% and the TA-Insurance & Financial Services declined 3.5%.SVB, the go-to lender of technology startups in Israel and the US, collapsed on Friday, forcing the US federal government to step in and seize its assets. America’s 16th-largest bank failed after depositors hurried to withdraw money last week amid anxiety over its health and its ill-fated decisions as the interest rate environment went up at a fast pace over the past year. It was the second-biggest bank failure in US history after the collapse of Washington Mutual in 2008.The US bank served many Israeli startups and technology companies, sending fears into the industry that some firms may find it difficult to make payroll payments at some point in the next month if they cannot access the funds they hold at SVB, although the amounts are not yet known.Long touted as the growth engine of the Israeli economy, the tech sector accounts for around 25% of the country’s total income tax revenue and about 10% of the workforce.Commenting on the significance of the SVB failure for Israeli startups, Ori Greenfeld, chief strategist at Psagot Investment House, pointed out that an estimated 90% of the deposits left in SVB are not insured.“This means that many companies have lost access to their raised funds and are already in an acute liquidity crisis,” Greenfeld cautioned. “These companies will have to raise fresh capital quickly, which will make them pay a high price for the money, or they will need to start laying off employees and halting their operations.”“We will not be surprised at all if in the coming weeks we see an unusual wave of layoffs in the high-tech industry,” Greenfeld added.Prime Minister Benjamin Netanyahu said Saturday he’d been in touch with senior Israeli tech figures vowing to assist affected companies.“If necessary, out of responsibility to Israeli high-tech companies and employees, we will take steps to assist the Israeli companies, whose center of activity is in Israel, to weather the cash-flow crisis that has been created for them due to the turmoil,” Netanyahu said in a statement.Finance Minister Bezalel Smotrich said he was forming a special team to look into the potential consequences for Israel from the collapse, which will include the director general of the Treasury and officials from the Bank of Israel, Securities Authority and Innovation Authority.NextVision, a maker of micro stabilized cameras, said it managed on Thursday to withdraw almost all of the $2.7 million it held in its account at SVB, according to a regulatory filing to the Tel Aviv Stock Exchange.Qualitau Ltd, a developer of test equipment for the semiconductor industry, said it held $16.8 million at SVB out of a total of about $22.3 million it has in and outside the US.In a statement to the TASE, the company disclosed that it has “no information regarding the amounts it will be able to withdraw in the future from the balance of the funds deposited in SVB and in relation to the timing when it will be possible to withdraw these funds.”“The company believes that despite the material impact of the event, taking into account the cash balance of the customers, the existing balance, and the backlog of orders (…) it is able to continue its activities during the normal course of business.”Israel’s two largest banks, Bank Leumi and Bank Hapoalim, set up a situation room that has been operating around the clock to help firms transfer their money from SVB — before it was seized — to accounts in Israel. Over the past few days, teams at LeumiTech, the high-tech banking arm of Bank Leumi, have been able to help their Israeli clients transfer about $1 billion to Israel, the bank said.LeumiTech said it will provide financing assistance and loans to startups and other tech firms that were left without access to credit lines and liquidity due to SVB’s collapse.“I promise that we will continue to do everything to help and accompany the companies and startups to safely overcome the challenges and continue to support their growth,” said LeumiTech CEO Timor Arbel-Sadras.To help tech companies in immediate distress, Poalim Hi-Tech opened a hotline offering bridge loans for the purpose of assisting companies in paying salaries in the coming month against their commitment to transfer deposit funds to their bank accounts in Israel.Meanwhile, venture capital funds hoping that a fast solution will be found in the form of a buyer that will purchase SVB as a going concern or a federal bailout that will quickly get money to affected depositors.Alan Feld, co-founder and managing partner of Israeli tech investment firm Vintage Investment Partners, called on “regulators globally to allow SVB to be acquired and recapitalized so that this wonderful bank can serve all of us for the next 20 years.”“Silicon Valley Bank has been a wonderful partner to Vintage and its portfolio funds and companies since we started our firm 20 years ago,” Feld said in a LinkedIn post.Times of Israel staff contributed to this report.
Collapse of Silicon Valley Bank causing shockwaves around the world-Stan Choe And Bobby Caina Calvan, The Associated Press-Saturday, March 11, 2023 5:02PM EST
NEW YORK (AP) - It was called Silicon Valley Bank, but its collapse is causing shockwaves around the world.From winemakers in California to startups across the Atlantic Ocean, companies are scrambling to figure out how to manage their finances after their bank suddenly shut down Friday. The meltdown means distress not only for businesses but also for all their workers whose paychecks may get tied up in the chaos.California Gov. Gavin Newsom said Saturday that he's talking with the White House to help “stabilize the situation as quickly as possible, to protect jobs, people's livelihoods, and the entire innovation ecosystem that has served as a tent pole for our economy.”U.S. customers with less than $250,000 in the bank can count on insurance provided by the Federal Deposit Insurance Corp. Regulators are trying to find a buyer for the bank in hopes customers with more than that can be made whole.That includes customers like Circle, a big player in the cryptocurrency industry. It said it has about $3.3 billion of the roughly $40 billion in reserves for its USDC coin at SVB. That caused USD Coin's value, which tries to stay firmly at $1, to briefly plunge below 87 cents Saturday. It later rose back above 97 cents, according to CoinDesk.Across the Atlantic, startup companies woke up Saturday to find SVB's U.K. business will stop making payments or accepting deposits. The Bank of England said late Friday that it will put Silicon Valley Bank UK in its insolvency procedure, which will pay out eligible depositors up to 170,000 British pounds ($204,544) for joint accounts “as quickly as possible.”“We know that there are a large number of startups and investors in the ecosystem who have significant exposure to SVB UK and will be very concerned,” Dom Hallas, executive director of Coadec, which represents British startups, said on Twitter. He cited “concern and panic.”The Bank of England said SVB UK's assets would be sold to pay creditors.It's not just startups feeling the pain. The bank's collapse is having an effect on another important California industry: fine wines. It's been an influential lender to vineyards since the 1990s.“This is a huge disappointment,” said winemaker Jasmine Hirsch, the general manager of Hirsch Vineyards in California's Sonoma County.Hirsch said she expects her business will be fine. But she's worried about the broader effects for smaller vintners looking for lines of credit to plant new vines.“They really understand the wine business,” Hirsch said. “The disappearance of this bank, as one of the most important lenders, is absolutely going to have an effect on the wine industry, especially in an environment where interest rates have gone up.”In Seattle, Shelf Engine CEO Stefan Kalb found himself immersed in emergency meetings devoted to figuring how to meet payroll instead of focusing on his startup company's business of helping grocers manage their food orders.“It's been a brutal day. We literally have every single penny in Silicon Valley Bank,” Kalb said Friday, pegging the deposit amount that's now tied up at millions of dollars.He is filing a claim for the $250,000 limit, but that won't be enough to keep paying Shelf Engine's 40 employees for long. That could force him into a decision about whether to begin furloughing employees until the mess is cleaned up.“I'm just hoping the bank gets sold during the weekend,” Kalb said.Tara Fung, co-founder and CEO of tech startup Co:Create that helps launch digital loyalty and rewards programs, said her firm uses multiple banks besides Silicon Valley Bank so was able switch over its payroll and vendor payments to another bank Friday.Fung said her firm chose the bank as a partner because it is the “gold standard for tech firms and banking partnerships,” and she was upset that some people seemed to be gloating about its failure and unfairly tying it to doubts about cryptocurrency ventures.San Francisco-based employee performance management company Confirm.com was among the Silicon Valley Bank depositors that rushed to pull their money out before regulators seized the bank.Co-founder David Murray credits an email from one of Confirm's venture capital investors, which urged the company to withdraw its funds “immediately,” citing signs of a run on the bank. Such actions accelerated the flight of cash, which led to the bank's collapse.“I think a lot of founders were sharing the logic that, you know, there's no downside to pulling up the money to be safe,” Murray said. “And so we all did that, hence the bank run.”The U.S. government needs to act more quickly to stanch further damage, said Martin Varsavsky, an Argentinian entrepreneur who has investments across the tech industry and Silicon Valley.One of his companies, Overture Life, which employs about 50 people, had some $1.5 million in deposits in the financially embattled bank but can rely on other holdings elsewhere to meet payroll.But other companies have high percentages of their cash in Silicon Valley Bank, and they need access to more than the amount protected by the FDIC.“If the government allows people to take at least half of the money they have in Silicon Valley Bank next week, I think everything will be fine,” Varsavsky said Saturday. “But if they stick to the $250,000, it will be an absolute disaster in which so many companies won't be able to meet payroll.”Andrew Alexander, a calculus teacher at a private San Francisco high school that uses Silicon Valley Bank, wasn't overly worried. His next paycheck isn't scheduled for another two weeks, and he's confident many of the issues can be resolved by then.But he worries for friends whose livelihoods are more deeply intertwined with the tech industry and Silicon Valley.“I have a lot of friends in the startup world who are just like terrified,” Alexander said, “and I really feel for them. It's pretty scary for them.”--AP writers Matt O'Brien, Michael Liedtke and Alex Veiga contributed.
Silicon Valley Bank collapse marks 2nd biggest bank failure in U.S. history-Bank, the 16th largest in U.S., failed after depositors hurried to withdraw money-The Associated Press · Posted: Mar 10, 2023 4:55 PM PST
Regulators rushed Friday to seize the assets of one of Silicon Valley's top banks, marking the largest failure of a U.S. financial institution since the height of the financial crisis almost 15 years ago.Silicon Valley Bank, the 16th-largest bank in the U.S., failed after depositors hurried to withdraw money this week amid anxiety over the bank's health. It was the second biggest bank failure in U.S. history after the collapse of Washington Mutual in 2008.The bank served mostly technology workers and venture capital-backed companies, including some of the industry's best-known brands."This is an extinction-level event for startups," said Garry Tan, CEO of Y Combinator, a startup incubator that launched Airbnb, DoorDash and Dropbox and has referred hundreds of entrepreneurs to the bank."I literally have been hearing from hundreds of our founders asking for help on how they can get through this. They are asking, 'Do I have to furlough my workers?'"Little chance of chaos spreading There appeared to be little chance of the chaos spreading in the broader banking sector, as it did in the months leading up to the Great Recession. The biggest banks — those most likely to cause an economic meltdown — have healthy balance sheets and plenty of capital.Nearly half of the U.S. technology and health-care companies that went public last year after getting early funding from venture capital firms were Silicon Valley Bank (SVB) customers, according to the bank's website.The bank also boasted of its connections to leading tech companies such as Shopify, ZipRecruiter and one of the top venture capital firms, Andreesson Horowitz.Tan estimated that nearly one-third of Y Combinator's startups will not be able to make payroll at some point in the next month if they cannot access their money.Roku's company logo is seen in front of a large office building.Internet TV provider Roku was among casualties of the bank collapse. It said in a regulatory filing Friday that about 26 per cent of its cash — $487 million US — was deposited at Silicon Valley Bank.Roku said its deposits with SVB were largely uninsured and it didn't know "to what extent" it would be able to recover them.As part of the seizure, California bank regulators and the FDIC transferred the bank's assets to a newly created institution — the Deposit Insurance Bank of Santa Clara. The new bank will start paying out insured deposits on Monday. Then the FDIC and California regulators plan to sell off the rest of the assets to make other depositors whole.Failure unfolded rapidly-There was unease in the banking sector all week, with shares tumbling by double digits. Then news of Silicon Valley Bank's distress pushed shares of almost all financial institutions even lower Friday-The failure arrived with incredible speed. Some industry analysts suggested Friday that the bank was still a good company and a wise investment. Meanwhile, Silicon Valley Bank executives were trying to raise capital and find additional investors. However, trading in the bank's shares was halted before stock market's opening bell due to extreme volatility.Shortly before noon, the FDIC moved to shutter the bank. Notably, the agency did not wait until the close of business, which is the typical approach. The FDIC could not immediately find a buyer for the bank's assets, signaling how fast depositors cashed out.The White House said U.S. Treasury Secretary Janet Yellen was "watching closely." The administration sought to reassure the public that the banking system is much healthier than during the Great Recession."Our banking system is in a fundamentally different place than it was, you know, a decade ago," said Cecilia Rouse, chair of the White House Council of Economic Advisers."The reforms that were put in place back then really provide the kind of resilience that we'd like to see."In 2007, the biggest financial crisis since the Great Depression rippled across the globe after mortgage-backed securities tied to ill-advised housing loans collapsed in value. The panic on Wall Street led to the demise of Lehman Brothers, a firm founded in 1847.Because major banks had extensive exposure to one another, the crisis led to a cascading breakdown in the global financial system, putting millions out of work.At the time of its failure, Silicon Valley Bank, which is based in Santa Clara, Calif., had $209 billion US in total assets, the FDIC said.It was unclear how many of its deposits were above the $250,000 insurance limit, but previous regulatory reports showed that lots of accounts exceeded that amount.
Advances in contactless biometrics, digital ID transforming security industry: HID-Mar 10, 2023, 1:30 pm EST-| Joel R. McConvey
Supply chain issues, advances in contactless biometrics, and the accelerated adoption of digital ID are among the key factors transforming the security industry, according to HID’s 2023 State of Security and Identity Industry Report.HID surveyed more than 2700 partners and end users, to get input on “the most pressing topics facing the industry, in pursuit of collective and continuous improvement.”Unsurprisingly, in a post-pandemic economy, the number one factor facing the security sector was disruptions in the supply chain. Three quarters of respondents said they had been impacted by supply chain issues in 2022, and half feel unsure things will improve in 2023.The report makes strong statements about digital identity and contactless biometrics. “In the modern world, trusted ID is increasingly a digital phenomenon,” it says, “from passports to student IDs and corporate credentials. This is changing the way security operates. A digital ID is an extension of physical identity and offers a new way to securely verify who we are.”COVID-19 was also a factor in driving adoption of digital IDs, with an increased demand for contactless transactions. Mobile access, improved digital infrastructure, and the use of mobile wallet apps were also drivers. With Amazon, Google and PayPal moving toward digital wallets, growth is expected to increase to 52.5 percent of transaction value in 2025.Biometrics will address fraud, become standard-Fingerprint biometrics, facial recognition and other biometric indicators will “become the standard of today’s cloud-based ID management systems,” the report says, forecasting ample economic growth.“The worldwide market for biometrics is expected to reach $136.18 billion by 2031. And the global facial recognition market, valued at $3.83 billion in 2020, is predicted to reach $16.74 billion by 2030.”The report calls biometric technologies “a major break from more conventional means of access control,” and projects the proliferation of fingerprint and facial scanning tools across sectors.Respondents said fraud and the vulnerability of traditional passwords were among their chief concerns and reasons for implementing biometrics.Hybrid workplaces impact ID-HID’s report also identifies sustainability and hybrid workplaces as factors shaping the security landscape. In the case of the latter, work-from-home or hybrid models have meant higher demand for reliable cloud-based access management. “Identity-as-a-service (IDaaS) is quickly becoming the expectation,” it says.“The identity access management (IAM) market is expected to grow at a 22.7 percent compound annual growth rate to $41.9 billion by the end of 2031. As such, SaaS-delivered identities represent huge opportunities in the security industry.”
Former Treasury officials: Overhaul will ‘severely, irreversibly’ damage economy-Ex-staffers in Budgets Department call for immediate halt to legislative blitz; warn capital will flee and shekel devalue, leading to drop in state revenues and spending cuts-By ToI Staff-MAR 12,23-Today, 1:34 pm
A group of former officials in the Finance Ministry called on Sunday on Finance Minister Bezalel Smotrich to halt the government’s controversial judicial overhaul, saying it would “severely and irreversibly damage the Israeli economy.”The signatories to the letter previously worked in the ministry’s Budgets Department, which operates across the government to prepare the national spending plan.“We anticipate severe damage to the Israeli economy, with the first indications already visible today,” the former officials warned.“The implication of the reform on the Israeli economy will manifest itself, among other things, in a flight of capital abroad, a loss of trust among local and foreign investors, a devaluation of the shekel, an increase of inflation, a downgrade of the credit rating (as Fitch and Moody’s warned just a few days ago), an increase in interest payments, and a hampering of economic growth,” they wrote.Last week, the Moody’s rating agency said the government’s proposals could weaken the country’s institutional strength and negatively affect its economic outlook. Before that, Fitch cautioned that the judicial overhaul could weaken institutional checks, leading to “worse policy outcomes or sustained negative investor sentiment.”The agencies’ warning were further signals from the business community that the government’s plans may hamper continued investment in the country, with some investors and firms already curtailing or completely freezing the flow of money into Israel.The signatories to the letter wrote that this would lead to a fall in state revenues, which would in turn require government expenditure cuts that “will cause profound damage to the social and economy welfare.“We anticipate that social objectives such as the reduction of poverty and the building of employment security, healthcare and education will be adversely affected. The economy’s growth potential will not be realized and necessary investments in infrastructure will be postponed,” they charged.“Without a strong, stable, and independent judicial system, it will not be possible to uphold the principles of a free, efficient, competitive, equitable and growing economy,” the letter read, noting that there would no longer be a guarantee of protection for property rights and individual freedoms, or safeguards against political and governmental corruption.“Without safeguarding the independent and effective judicial review on the actions of the government and Knesset, it will not be possible to guarantee the efficient, equitable and just allocation of resources in the economy,” the former officials warned.The letter said that foreign investors “seek strong and independent judicial systems as an essential prerequisite for their investment,” meaning that there could be a rapid movement of capital out of the country as well as a risk to future cashflow into Israel.The signatories said that while the “erosion of the resilience of the Israeli economy has already begun,” the process could be reversed if the overhaul were to be stopped immediately.The former officials who signed on to the letter noted that their warning was “extremely unusual, probably without precedent,” but said this showed the fact that the “Israeli economy is entering an increased danger zone.”“We fear this change will cause irreversible damage to the Israeli economy and the texture of the society in Israel,” the letter read, noting that while outdated systems do need reform, the changes need to be discussed and negotiated.“No reform, especially a reform that addresses the fundamentals of governance and the balance between the branches of government, can be carried out in such an extreme manner by exploiting a political opportunity, without adequate examination and without achieving a broad consensus,” the signatories said.The letter concluded with a plea to Smotrich personally, asking him to stop the reform and noting that “responsibility for the effects of the reform on the Israeli economy are solely yours.”The legislative plans by the right-religious government, Israel’s most hardline to date, have sparked mass public protests for over two months, as well as fierce backlash from opposition politicians and dire warnings from economists, business leaders, legal experts and security officials.Former US Federal Reserve chairman Ben Bernanke warned that the planned overhaul would “cause tremendous damage,” in quotes aired by Channel 13 news on Saturday. “Israel needs to build a consensus regarding any significant change in the legal system,” Bernanke told the network.The report did not provide Bernanke’s comments in English, only airing text quotes of his statements translated into Hebrew.“Israel is a small and open economy that depends on international trade and international investments for economic growth and prosperity,” Bernanke reportedly said. “There will be tremendous damage to the security of foreign investors, trading partners, and Israeli entrepreneurs as a result of sudden institutional changes that will increase uncertainty, create new legal and political risks, and jeopardize the rights of minorities.“To ensure that Israel’s extraordinary economic success continues, Israel needs to move slowly and build a broad consensus regarding any significant change in its legal system or form of government,” he added.Bernanke, who was awarded the 2022 Nobel Memorial Prize in Economic Sciences, served as Federal Reserve chairman during the 2008 financial crisis.Last week, former US Treasury secretary Lawrence Summers said that Israel was “walking too close to a ledge” with the government’s proposed judicial overhaul.Summers’ comments came hours after Israeli tech unicorn Riskified announced that it would be moving $500 million out of the country and offering relocation packages to some interested workers.Last month, Tom Livne, the founder of another of Israel’s most successful tech unicorns — Verbit — declared that he was leaving the country and ceasing to pay taxes in protest over the new hardline government’s planned judicial overhaul.Livne, whose hybrid AI-based and human transcription and captioning software company was valued at $2 billion in its last funding round in late 2021, said that he encouraged other prominent tech executives to follow his lead.Israeli cybersecurity startup Wiz, which raised $300 million at a $10 billion valuation in its latest private funding round, said last month that the capital will not be invested in Israel given the uncertainty around the country’s judiciary system.A group of hundreds of Israeli economists issued a fresh warning earlier this month that a financial meltdown could occur even more “powerfully and faster” than they had originally forecast when they penned an “emergency letter” cautioning that the far-reaching judicial shakeup being advanced by the government could have grave implications.Critics of the government’s plan say it will weaken Israel’s democratic character, remove a key element of its checks and balances and leave minorities unprotected. Supporters have called it a much-needed reform to rein in an “activist” court.A number of polls have indicated the legislation is broadly unpopular with the public.
China gets around US sanctions; culprits reportedly rent time on chips-Mar 10, 2023, 4:25 pm EST-| Jim Nash
Trade embargoes can be good for business or bad, but they are always great for blockade runners. Just ask Han Solo.And there are some happy tech smugglers right now, between international efforts to force Russia out of Ukraine and campaigns to stop China from acting like the McDonald’s of paranoid surveillance.Business publication the Financial Review has found the most expected international news of the year so far – Beijing is getting around U.S. punitive export regulations put in place to prevent specialized American chips from going to China.Similar stories have been written about export controls on Russia and on every consequential and noncompliant economic or military power since World War I.In this case, the goods the United States wants to keep out of Chinese private- or public-sector hands are powerful A100 microprocessors made by Nvidia. They are important to biometric surveillance, of course, but they show up in any number of other AI roles.As the ruling Chinese Communist Party has said it will be the pre-eminent purveyor of AI goods and services, there is a lot of motivation to grease some skids.According to the Review, Chinese facial recognition giant SenseTime has been sanctioned by the U.S., but it reportedly getting around regulations in a very old-fashioned way. They pay others to buy what they cannot and deliver it to China.(SoftBank in Japan is battering SenseTime by selling its shares in great gouts. It is unclear what is behind the sales. Tech is dragging, so it would make sense to keep SenseTime, which is buoyant. But Washington would be asking a lot to buttonhole a business for this mission.)As well, the United States’ very dear need to prevent this trade motivates some to think creatively about overcoming controls.But Chinese voice recognition firm iFlytek – under sanctions and backed by the Party – is renting access to A100 chips, according to the Review.Reportedly, Shanghai cloud firm AI-Galaxy charges $10 per hour for time with eight A100s.
Channel Islands begin accepting French ID cards, quietly drop Brexit entry requirements for CTA-Mar 10, 2023, 2:21 pm EST| Frank Hersey
Jersey has been given UK permission to run a pilot over the summer to allow French day-trippers to visit the island with just a French national ID card, rather than a full passport as required for entry into the Common Travel Area which includes the UK and Ireland.Only half of French nationals have passports compared to 84 percent with ID cards. In peak travel season last summer, Neighbor Guernsey is pursuing similar permission from the UK.Lying just off the French coast, the Channel Islands have seen their tourist visitor numbers plummet post-Brexit, threatening the continuance of transport links.As these visits were allowed before Brexit, the pilot would appear to be more a test of political will within the Common Travel Area (CTA) and EU, rather than any new system other than to now check the ID card holder is French as opposed to any EU national as before.Common Travel Area, then and now-The CTA covers EU member Ireland, former EU member the UK and the Crown Dependencies of Jersey, Guernsey and the Isle of Man, whose citizens hold variants of the UK passports (now blue since Brexit, a referendum Channel Islanders could only vote in if they had lived in the UK in the past 15 years). The Crown Dependencies were never part of the EU.There is full freedom of movement within the CTA, an agreement that predates the UK and Ireland’s joining of the EU. The two countries committed to continue the agreement after Brexit.Previous to Brexit, EU nationals could visit the nations of the Common Travel Area, with just national ID. This ended on 1 October 2021.Jersey pilots ID card visits: one day, commercial ferry, French only-The entry requirements “led to a significant decline in the day trip traffic to the Island,” according to a statement from the Jersey government on the launch of the pilot.“We are grateful to our partners in the UK and in Normandy for their help and engagement,” said The Minister for Home Affairs, Deputy Helen Miles.“It is important that we are all working together to enable French residents to visit our beautiful Island and give them the flexibility they need to do so. Jersey has a longstanding history and cultural links with France and my aim is to make sure we create opportunities for this to continue.”Figures collected by VisitJersey show a severe fall in numbers post Brexit, post pandemic. In the peak summer season 2022, Jersey had only 5,560 French visitors, only 28 percent of the 2019 level. The figures also show that only 22 percent of all visitors arrived by scheduled ferry. French visitor numbers have seen the worst recovery so far.Only 49 percent of French nationals have a passport, compared to 63 percent in Europe in general, according to a 2022 survey for VisitBritain. ID card ownership was at 72 percent across Europe. The survey found that one in ten people in Belgium, France and Italy would stop travelling to the UK because of the change in entry requirements.BBC Jersey reports that French authorities in Normandy’s Manche Département were threatening to stop funding the Manche Isles Express ferry as it was losing money. A Manche official said they had lost half their passengers. The ferry company also operates passage to Guernsey, a little further west.The pilot will only cover commercial ferry passengers. Anyone flying or arriving on private boats will need to have full passports. In terms of it being limited to day trips, Jersey’s Customs & immigration Officers will conduct reviews of the pilot and work closely with ferry operators to identify anyone not complying.There are currently no plans to extend the scheme beyond day trips to Jersey.Guernsey wants in on French ‘short stay’ ID card visitors-Guernsey is also hoping to allow French nationals to visit just on ID cards this summer. The States of Guernsey are in talks with the UK Home Office for permission to accept the visitors and in the case of Guernsey, this could be for trips longer than a day.Guernsey lies a little farther off the coast of France and ferry routes often call at Jersey on their way, lengthening trips.‘We have been in discussion for some time with colleagues in Jersey at a political and officer level and the UK Home Office, regarding the issue of French nationals’ preference for using identity cards and the impact on travel numbers by sea from France to the Channel Islands as a result of the requirement for EU nationals to use passports rather than identity cards since Brexit,” said Deputy Rob Prow, President of the Committee for Home Affairs at the States of Guernsey, in a statement shared with Biometric Update.“As I have stated previously, the islands are intrinsically linked by the commercial ferry network so we have been keen to explore any options that may assist this situation whilst being respectful of our position in the Common Travel Area.“I welcome the announcement from Jersey and can confirm that it is our intention to introduce a similar short stay scheme in time for the summer season. We have some further work to do with the UK on this and will seek to provide an update as soon as possible.’Northern Ireland staying in the EU single market led to calls for other parts of the UK to have the same privilege. The UK Home Office, Guernsey and Jersey declined to comment directly to Biometric Update on the privileges being negotiated.
Meta updates AI fairness dataset with international content-Mar 10, 2023, 4:08 pm EST-| Joel R. McConvey
Meta has released a new open-source dataset, Casual Conversations v2, designed to broaden the range of biometric identifiers and to test fairness and inclusivity in algorithmic AI models.In a release, Facebook’s parent touts the dataset as “a consent-driven, publicly available resource that enables researchers to better evaluate the fairness and robustness of certain types of AI models.” It consists of more than 25,000 videos of more than 5,000 paid participants in seven countries. Each perform scripted and unscripted monologues and reflect specific characteristics such as age, gender and physical disability in 11 self-provided and annotated categories.For a dataset aimed at inclusion, the diversity of source locations is of particular importance. Meta’s earlier version of the dataset, from 2021, did not include videos of people from outside the United States. Version 2 includes videos recorded in Brazil, India, Indonesia, Mexico, Vietnam, the Philippines and the U.S. Subjects speak in their first and second languages. Meta reportedly plans to continue expanding the project’s geographical scope in subsequent versions.Another key principle for Meta in collecting the Casual Conversations datasets is consent. In December, a Seattle judge rejected a motion by Amazon to dismiss a lawsuit accusing it of misusing biometric identifiers in the form of images it vacuumed from a Flickr dataset. Originally collected by IBM, that dataset was also intended to address bias in biometric systems. However, in his ruling, the judge said the scraped identifiers were so intrinsic to Amazon’s products that it was effectively “commercially disseminating the biometric data.”A parallel case against Microsoft found it had also exploited biometric identifiers from the Flickr dataset without sharing that information in its products.Casual Conversations v2, which will be available to Facebook teams and external users, is part of Meta’s stated push to make continued civil rights progress in regards to AI construction.
Bill Gates visits MOSIP, gets the T-shirt, discusses financial inclusion via the platform-Mar 10, 2023, 12:43 pm EST | Frank Hersey
Bill Gates has visited MOSIP (Modular Open Source Identity Platform) in its hometown Bangalore for presentations on the project’s progress and plans, MOSIP has shared in a LinkedIn post.The Bill and Melinda Gates Foundation has been a backer of the free-to-use ID platform that avoids vendor lock-in.“MOSIP is fortunate to have had the BMGF’s support over many years, and we were honoured to have this opportunity to showcase MOSIP’s milestones, major achievements, and roadmaps to the team and their illustrious Founder,” states the blog.Gates was updated on the progress in the ten MOSIP-adopting countries, was briefed on the state of technology providers such as biometrics and system integrators for the platform.The billionaire discussed with the team the potential of using digital identity systems to drive financial inclusion and service delivery in MOSIP-adopting countries.“As we head into a future where the need for robust, inclusive digital infrastructure has become increasingly apparent, his enthusiastic responses and questions provided much encouragement and food for thought.”MOSIP has continued to update its platform, add integrations and is offering new products such as its Inji digital wallet.The platform has registered 80.2 million people so far and the team is seeking to push into Latin America and the Caribbean. MOSIP is developing ways to accelerate the registration process and bring in further biometrics modalities.
HID unveils modular biometric verification system for airport usage-Mar 10, 2023, 10:52 am EST-| Alessandro Mascellino
HID Global has signed a memorandum of understanding with digital ID solution provider iPassport to develop a modular biometric verification system for use across the airport journey.The platform is designed to add various identity verification capabilities to existing infrastructure. Biometric modules supported include facial recognition camera hardware, alongside fingerprint, ID document and ticket readers.The suite covers software development kits (SDKs) for biometric applications, ID proofing and biometric server support, as well as device management and professional biometric services.HID managing director of biometrics and extended access technologies, Vito Fabbrizio, confirms the new system will include the company’s multispectral imaging (MSI) technology and its artificial intelligence (AI)-powered U.ARE.U Camera Identification System.“Today, moving through an airport securely requires an ongoing and seamless identity verification system that not only enhances the passenger experience but also optimizes efficiencies for everyone. HID is excited to collaborate with iPassport to bring this new solution to market,” Fabbrizio says.The executive clarifies that the biometric technologies deployed as part of the new system will be subject to passenger approval. Even after that, biometric data captured by the system will be only stored and used when the passenger is in transit within the airport, according to applicable data privacy laws.From a technical standpoint, the new platform also reportedly supports presentation attack detection (PAD), bias elimination and low-light capabilities. It also works with face masks and features on-device biometric processing and endpoint security for extra protection.HID confirms the companies will showcase the new system at the Passenger Terminal EXPO 2023 next week. Beyond aviation, the firm says its upcoming modular biometric verification system can also be deployed in other travel industry segments, including cruise ships and hospitality.Regarding the latter, HID has recently discussed the advantages of face biometrics for retail, in-store applications.
WORLD POWERS IN THE LAST DAYS (END OF AGE OF GRACE NOT THE WORLD)
EUROPEAN UNION-KING OF WEST-DAN 9:26-27,DAN 7:23-24,DAN 11:40,REV 13:1-10
EGYPT-KING OF THE SOUTH-DAN 11:40
RUSSIA-KING OF THE NORTH-EZEK 38:1-2,EZEK 39:1-3
CHINA-KING OF THE EAST-DAN 11:44,REV 9:16,18
VATICAN-FALSE RELIGIOUS LEADER-REV 13:11-18,REV 17:4-5,9,18
REVELATION 13:16-18 (WORLD ECONOMY RUN BY THE EUROPEAN UNION)
16 And he(FALSE POPE) causeth all, both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(CHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name.
18 Here is wisdom. Let him that hath understanding count the number of the beast: for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM
REVELATION 17:12-13
12 And the ten horns (NATIONS) which thou sawest are ten kings, which have received no kingdom as yet; but receive power as kings one hour with the beast.(SOCIALISM)
13 These have one mind,(SOCIALISM) and shall give their power and strength unto the beast.
REVELATION 6:1-2
1 And I saw when the Lamb opened one of the seals, and I heard, as it were the noise of thunder, one of the four beasts saying, Come and see.
2 And I saw, and behold a white horse:(PEACE) and he that sat on him had a bow;(EU DICTATOR) and a crown was given unto him:(PRESIDENT OF THE EU) and he went forth conquering, and to conquer.(MILITARY GENIUS)
2 THESSALONIANS 2:9-12
9 Even him,(EU WORLD DICTATOR) whose coming is after the working of Satan with all power and signs and lying wonders,
10 And with all deceivableness of unrighteousness in them that perish; because they received not the love of the truth, that they might be saved.
11 And for this cause God shall send them strong delusion,(THE FALSE RESURRECTION BY THE WORLD DICTATOR) that they should believe a lie:
12 That they all might be damned who believed not the truth, but had pleasure in unrighteousness.
GENESIS 49:16-17-POSSIBLY A JEW FROM DAN KILLS THE DICTATOR AT MIDPOINT OF TRIB
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 13:3,7,8 (WORLD GOVERNMENT, WORLD ECONOMY, WORLD RELIGION)
1 And I stood upon the sand of the sea, and saw a beast rise up out of the sea, having seven heads and ten horns, and upon his horns ten crowns, and upon his heads the name of blasphemy.(THE EU AND ITS DICTATOR IS GODLESS)
2 And the beast which I saw was like unto a leopard, and his feet were as the feet of a bear, and his mouth as the mouth of a lion: and the dragon gave him his power, and his seat, and great authority.(DICTATOR COMES FROM NEW AGE OR OCCULT)
3 And I saw one of his heads as it were wounded to death;(MURDERERD) and his deadly wound was healed:(COMES BACK TO LIFE) and all the world wondered after the beast.(THE WORLD THINKS ITS GOD IN THE FLESH, MESSIAH TO ISRAEL)
7 And it was given unto him to make war with the saints,(BEHEAD THEM) and to overcome them: and power was given him over all kindreds, and tongues, and nations.(WORLD DOMINATION)
8 And all that dwell upon the earth shall worship him, whose names are not written in the book of life of the Lamb slain from the foundation of the world.(WORLD DICTATOR).
JESUS SHED HIS BLOOD FOR US THAT WE CAN BE SAVED FOREVER.AND DURING WW3 PEOPLES BLOOD WILL BE SHED AS A JUDGEMENT FOR HATING HIM AND ISRAEL.GOD IS NOT MOCKED.
ZEPHANIAH 1:2-3
2 I will utterly consume all things from off the land, saith the LORD.
3 I will consume man and beast; I will consume the fowls of the heaven, and the fishes of the sea, and the stumblingblocks with the wicked; and I will cut off man from off the land, saith the LORD.
PSALMS 97:3
3 A fire goeth before him, and burneth up his enemies round about.
EZEKIEL 5:15-17
15 So it shall be a reproach and a taunt, an instruction and an astonishment unto the (ARAB/MUSLIM) nations that are round about thee,(ISRAEL) when I shall execute judgments in thee in anger and in fury and in furious rebukes. I the LORD have spoken it.
16 When I shall send upon them the evil arrows of famine, which shall be for their destruction, and which I will send to destroy you: and I will increase the famine upon you, and will break your staff of bread:
17 So will I send upon you famine and evil beasts,(WHEN RUSSIA/MUSLIMS GET DEFEATED THIER BODIES GET EATEN BY BIRDS,ANIMALS IN ISRAEL MIGRATION SEASON) and they shall bereave thee; and pestilence and blood shall pass through thee;(NUKES) and I will bring the sword upon thee. I the LORD have spoken it.
REVELATION 14:18-20
18 And another angel came out from the altar, which had power over fire; and cried with a loud cry to him that had the sharp sickle, saying, Thrust in thy sharp sickle, and gather the clusters of the vine of the earth; for her grapes are fully ripe.
19 And the angel thrust in his sickle into the earth, and gathered the vine of the earth, and cast it into the great winepress of the wrath of God.
20 And the winepress was trodden without the city,(JERUSALEM) and blood came out of the winepress, even unto the horse bridles, by the space of a thousand and six hundred furlongs.(200 MILES) (THE SIZE OF ISRAEL)
ISAIAH 66:15-18
15 For, behold, the LORD will come with fire,(NUKES) and with his chariots like a whirlwind, to render his anger with fury, and his rebuke with flames of fire.
17 They that sanctify themselves, and purify themselves in the gardens behind one tree in the midst, eating swine's flesh, and the abomination, and the mouse, shall be consumed together, saith the LORD.
18 For I know their works and their thoughts: it shall come, that I will gather all nations and tongues; and they shall come, and see my glory.
ISAIAH 26:21
21 For, behold, the LORD cometh out of his place to punish the inhabitants of the earth for their iniquity:(GOD/ISRAEL HATE AND BRAKING OF HIS COMMANDMENTS) the earth also shall disclose her blood, and shall no more cover her slain.(WW3,1/2 earths population die - 3 BILLION).
ISAIAH 13:6-13 KJV
6 Howl ye; for the day of the LORD is at hand; it shall come as a destruction from the Almighty.
7 Therefore shall all hands be faint, and every man's heart shall melt:(FROM FRIGHT)
8 And they shall be afraid: pangs and sorrows shall take hold of them; they shall be in pain as a woman that travaileth: they shall be amazed one at another; their faces shall be as flames.
9 Behold, the day of the LORD cometh, cruel both with wrath and fierce anger, to lay the land desolate: and he shall destroy the sinners thereof out of it.
10 For the stars of heaven and the constellations thereof shall not give their light: the sun shall be darkened in his going forth, and the moon shall not cause her light to shine.
11 And I will punish the world for their evil, and the wicked for their iniquity; and I will cause the arrogancy of the proud to cease, and will lay low the haughtiness of the terrible.
12 I will make a man more precious than fine gold; even a man than the golden wedge of Ophir.
13 Therefore I will shake the heavens, and the earth shall remove out of her place, in the wrath of the LORD of hosts, and in the day of his fierce anger.
ISAIAH 24:17-23 KJV
17 Fear, and the pit, and the snare, are upon thee, O inhabitant of the earth.
18 And it shall come to pass, that he who fleeth from the noise of the fear shall fall into the pit; and he that cometh up out of the midst of the pit shall be taken in the snare: for the windows from on high are open, and the foundations of the earth do shake.
19 The earth is utterly broken down, the earth is clean dissolved, the earth is moved exceedingly.
20 The earth shall reel to and fro like a drunkard, and shall be removed like a cottage; and the transgression thereof shall be heavy upon it; and it shall fall, and not rise again.
21 And it shall come to pass in that day, that the LORD shall punish the host of the high ones that are on high, and the kings of the earth upon the earth.
22 And they shall be gathered together, as prisoners are gathered in the pit, and shall be shut up in the prison, and after many days shall they be visited.
23 Then the moon shall be confounded, and the sun ashamed, when the LORD of hosts shall reign in mount Zion, and in Jerusalem, and before his ancients gloriously.
2 TIMOTHY 3:1
1 This know also, that in the last days perilous (DANGEROUS) times shall come.
ZECHARIAH 14:12-13
12 And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet,(DISOLVED FROM ATOMIC BOMB) and their eyes shall consume away in their holes,(DISOLVED FROM ATOMIC BOMB) and their tongue shall consume away in their mouth.(DISOLVED FROM ATOMIC BOMB)(BECAUSE NUKES HAVE BEEN USED ON ISRAELS ENEMIES)(GOD PROTECTS ISRAEL AND ALWAYS WILL)
13 And it shall come to pass in that day, that a great tumult from the LORD shall be among them; and they shall lay hold every one on the hand of his neighbour, and his hand shall rise up against the hand of his neighbour.(1/2-3 BILLION DIE IN WW3)(THIS IS AN ATOMIC BOMB EFFECT)
EZEKIEL 20:47
47 And say to the forest of the south, Hear the word of the LORD; Thus saith the Lord GOD; Behold, I will kindle a fire in thee, and it shall devour every green tree in thee, and every dry tree: the flaming flame shall not be quenched, and all faces from the south to the north shall be burned therein.
ZEPHANIAH 1:18
18 Neither their silver nor their gold shall be able to deliver them in the day of the LORD'S wrath; but the whole land shall be devoured by the fire of his jealousy: for he shall make even a speedy riddance of all them that dwell in the land.
MALACHI 4:1
1 For, behold, the day cometh, that shall burn as an oven;(FROM ATOMIC BOMBS) and all the proud, yea, and all that do wickedly, shall be stubble: and the day that cometh shall burn them up, saith the LORD of hosts, that it shall leave them neither root nor branch.
REVELATION 8:7
7 The first angel sounded, and there followed hail and fire mingled with blood, and they were cast upon the earth: and the third part of trees was burnt up, and all green grass was burnt up.
REVELATION 9:18
18 By these three was the third part of men killed,(2 BILLION) by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.(ATOMIC BOMBS)(RUSSIA CHINA DESTROYED BY ISRAELS ATOMIC BOMBS)
REVELATION 16:12-16
12 And the sixth angel poured out his vial upon the great river Euphrates;(WERE WW3 STARTS IN IRAQ OR SYRIA OR TURKEY) and the water thereof was dried up, that the way of the kings of the east might be prepared.
13 And I saw three unclean spirits like frogs come out of the mouth of the dragon,(SATAN) and out of the mouth of the beast,(WORLD DICTATOR) and out of the mouth of the false prophet.(FALSE POPE)
14 For they are the spirits of devils, working miracles, which go forth unto the kings of the earth and of the whole world, to gather them to the battle of that great day of God Almighty.(WERE 2 BILLION DIE FROM NUKE WAR)
15 Behold, I come as a thief. Blessed is he that watcheth, and keepeth his garments, lest he walk naked, and they see his shame.
16 And he gathered them together into a place called in the Hebrew tongue Armageddon.
17 And the seventh angel poured out his vial into the air; and there came a great voice out of the temple of heaven, from the throne, saying, It is done.
AMERICA (POLITICAL BABYLON)(NUKED BY SNEAK ATTACK FROM RUSSIA)
IN REVELATION 17 & 18 IS THE DESTRUCTION OF THE RELIGIOUS AND POLITICAL BABYLONS.IF YOU CAN NOT DECERN BETWEEN THE 2 BABYLONS IN REV 17 & 18.YOU WILL JUST THINK THEIR BOTH THE SAME.BUT NO-THERES A RELIGIOUS BABYLON (THE VATICAN IN REV 17)(AND THE POLITICAL BABYLON IN REV 18 (AMERICA OR NEW YORK TO BE EXACT)
ISAIAH 34:10
10 It (AMERICA-POLITICAL BABYLON) shall not be quenched night nor day; the smoke thereof shall go up for ever: from generation to generation it shall lie waste; none shall pass through it for ever and ever.
JEREMIAH 51:29-32 (CYBER ATTACK 1ST)
29 And the land shall tremble and sorrow: for every purpose of the LORD shall be performed against Babylon,(AMERICA-NEW YORK) to make the land of Babylon (AMERICA) a desolation without an inhabitant.
30 The mighty men of Babylon (AMERICA) have forborn to fight, they have remained in their holds: their might hath failed; they became as women: they have burned her dwellingplaces; her bars are broken.
031 One post shall run to meet another, and one messenger to meet another, to shew the king of Babylon (NEW YORK) that his city is taken at one end,
32 And that the passages are stopped,(THE WAR COMPUTERS HACKED OR EMP'D) and the reeds they have burned with fire, and the men of war are affrighted.(DON'T KNOW WHAT TO DO)
COMPLETE SILENCE AFTER AN EMP GOES OFF
REVELATION 8:1
1 And when he had opened the seventh seal, there was silence in heaven about the space of half an hour.
JEREMIAH 50:3,24
3 For out of the north (RUSSIA) there cometh up a nation against her, which shall make her land desolate, and none shall dwell therein: they shall remove, they shall depart, both man and beast.
24 I have laid a snare for thee, and thou art also taken, O Babylon,(AMERICA) and thou wast not aware: thou art found, and also caught, because thou hast striven against the LORD. (RUSSIA A SNEAK CYBER,EMP ATTACK,THEN NUKE ATTACK ON AM
JOEL 3:2 (WW3 OCCURS WHEN JERUSALEM IS DIVIDED)
2 I will also gather all nations, and will bring them down into the valley of Jehoshaphat, and will plead with them there for my people (ISRAEL) and for my heritage Israel, whom they have scattered among the nations, and parted my land.(JERUSALEM)(WW3 STARTS BECAUSE JERUSALEM IS DIVIDED AND ISRAELIS UPROOTED FROM THEIR GOD GIVIN LAND BRINGS 3 DEAD BILLION IN WW3)
EZEKIEL 38:1-23
1 And the word of the LORD came unto me, saying,
2 Son of man, set thy face against Gog, the land of Magog, the chief prince of Meshech and Tubal, and prophesy against him,
3 And say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech and Tubal:
4 And I will turn thee back, and put hooks into thy jaws, and I will bring thee forth, and all thine army, horses and horsemen, all of them clothed with all sorts of armour, even a great company with bucklers and shields, all of them handling swords:
5 Persia,(IRAN,IRAQ) Ethiopia, and Libya with them; all of them with shield and helmet:
6 Gomer,(GERMANY) and all his bands; the house of Togarmah (TURKEY) of the north quarters, and all his bands: and many people with thee.(AFRICAN MUSLIMS,SUDAN,TUNESIA ETC)
7 Be thou prepared, and prepare for thyself, thou, and all thy company that are assembled unto thee, and be thou a guard unto them.
8 After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.
9 Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.
10 Thus saith the Lord GOD; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:
11 And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,
12 To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.
13 Sheba, and Dedan, and the merchants of Tarshish, with all the young lions thereof, shall say unto thee, Art thou come to take a spoil? hast thou gathered thy company to take a prey? to carry away silver and gold, to take away cattle and goods, to take a great spoil?(OIL IS IN SPOIL-I BELIEVE THATS WHY RUSSIA,ARAB/MUSLIMS MARCH TO ISRAEL)
14 Therefore, son of man, prophesy and say unto Gog, Thus saith the Lord GOD; In that day when my people of Israel dwelleth safely, shalt thou not know it?
15 And thou shalt come from thy place out of the north parts, thou, and many people with thee, all of them riding upon horses, a great company, and a mighty army:
16 And thou shalt come up against my people of Israel, as a cloud to cover the land; it shall be in the latter days, and I will bring thee against my land, that the heathen may know me, when I shall be sanctified in thee, O Gog, before their eyes.
17 Thus saith the Lord GOD; Art thou he of whom I have spoken in old time by my servants the prophets of Israel, which prophesied in those days many years that I would bring thee against them?
18 And it shall come to pass at the same time when Gog shall come against the land of Israel, saith the Lord GOD, that my fury shall come up in my face.
19 For in my jealousy and in the fire (atomic bomb) of my wrath have I spoken, Surely in that day there shall be a great shaking in the land of Israel;
20 So that the fishes of the sea, and the fowls of the heaven, and the beasts of the field, and all creeping things that creep upon the earth, and all the men that are upon the face of the earth, shall shake at my presence, and the mountains shall be thrown down, and the steep places shall fall, and every wall shall fall to the ground.
21 And I will call for a sword against him throughout all my mountains, saith the Lord GOD: every man’s sword shall be against his brother.
22 And I will plead against him with pestilence (biological,chemical,nuclear) and with blood; and I will rain upon him, and upon his bands, and upon the many people that are with him, an overflowing rain, and great hailstones, fire, and brimstone.(NUKED,THEN MIGRATING BIRDS EAT RUSSIA/ARAB/MUSLIMS FLESH)
23 Thus will I magnify myself, and sanctify myself; and I will be known in the eyes of many nations, and they shall know that I am the LORD.
EZEKIEL 39:1-29
1 Therefore, thou son of man, prophesy against Gog, and say, Thus saith the Lord GOD; Behold, I am against thee, O Gog, the chief prince of Meshech and Tubal:
2 And I will turn thee back, and leave but the sixth part of thee,(300 MILIION RUSSIA-ARAB-MUSLIMS GET NUKED BY ISRAEL) and will cause thee to come up from the north parts, and will bring thee upon the mountains of Israel:
3 And I will smite thy bow out of thy left hand, and will cause thine arrows to fall out of thy right hand.
4 Thou shalt fall upon the mountains of Israel, thou,(RUSSIA) and all thy bands,(RUSSIA SUPPORTED WITH WEAPONS-ARAB/MUSLIM COUNTRIES) and the people that is with thee: I will give thee unto the ravenous birds of every sort, and to the beasts of the field to be devoured.
5 Thou shalt fall upon the open field: for I have spoken it, saith the Lord GOD.
6 And I will send a fire (ATOMIC BOMB) on Magog, and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
7 So will I make my holy name known in the midst of my people Israel; and I will not let them pollute my holy name any more: and the heathen shall know that I am the LORD, the Holy One in Israel.
8 Behold, it is come, and it is done, saith the Lord GOD; this is the day whereof I have spoken.
9 And they that dwell in the cities of Israel shall go forth, and shall set on fire and burn the weapons, both the shields and the bucklers, the bows and the arrows, and the handstaves, and the spears, and they shall burn them with fire seven years:
10 So that they shall take no wood out of the field, neither cut down any out of the forests; for they shall burn the weapons with fire: and they shall spoil those that spoiled them, and rob those that robbed them, saith the Lord GOD.
11 And it shall come to pass in that day, that I will give unto Gog a place there of graves in Israel, the valley of the passengers on the east of the sea: and it shall stop the noses of the passengers: and there shall they bury Gog and all his multitude: and they shall call it The valley of Hamongog.
12 And seven months shall the house of Israel be burying of them, that they may cleanse the land.
13 Yea, all the people of the land shall bury them; and it shall be to them a renown the day that I shall be glorified, saith the Lord GOD.
14 And they shall sever out men of continual employment, passing through the land to bury with the passengers those that remain upon the face of the earth, to cleanse it: after the end of seven months shall they search.
15 And the passengers that pass through the land, when any seeth a man’s bone, then shall he set up a sign by it, till the buriers have buried it in the valley of Hamongog.
16 And also the name of the city shall be Hamonah. Thus shall they cleanse the land.
17 And, thou son of man, thus saith the Lord GOD; Speak unto every feathered fowl, and to every beast of the field, Assemble yourselves, and come; gather yourselves on every side to my sacrifice that I do sacrifice for you, even a great sacrifice upon the mountains of Israel, that ye may eat flesh, and drink blood.
18 Ye shall eat the flesh of the mighty, and drink the blood of the princes of the earth, of rams, of lambs, and of goats, of bullocks, all of them fatlings of Bashan.
19 And ye shall eat fat till ye be full, and drink blood till ye be drunken, of my sacrifice which I have sacrificed for you.
20 Thus ye shall be filled at my table with horses and chariots, with mighty men, and with all men of war, saith the Lord GOD.
21 And I will set my glory among the heathen, and all the heathen shall see my judgment that I have executed, and my hand that I have laid upon them.
22 So the house of Israel shall know that I am the LORD their God from that day and forward.
23 And the heathen shall know that the house of Israel went into captivity for their iniquity: because they trespassed against me, therefore hid I my face from them, and gave them into the hand of their enemies: so fell they all by the sword.
24 According to their uncleanness and according to their transgressions have I done unto them, and hid my face from them.
25 Therefore thus saith the Lord GOD; Now will I bring again the captivity of Jacob, and have mercy upon the whole house of Israel, and will be jealous for my holy name;
26 After that they have borne their shame, and all their trespasses whereby they have trespassed against me, when they dwelt safely in their land, and none made them afraid.
27 When I have brought them again from the people, and gathered them out of their enemies’ lands, and am sanctified in them in the sight of many nations;
28 Then shall they know that I am the LORD their God, which caused them to be led into captivity among the heathen: but I have gathered them unto their own land, and have left none of them any more there.
29 Neither will I hide my face any more from them: for I have poured out my spirit upon the house of Israel, saith the Lord GOD.
JEREMEIAH 49:35-37 (IN IRAN AT THE BUSHEHR OR ARAK NUKE SITE SOME BELIEVE)
35 Thus saith the LORD of hosts; Behold, I will break the bow of Elam,(IRAN/BUSHEHR NUCLEAR SITE) the chief of their might.(MOST DANGEROUS NUKE SITE IN IRAN)
36 And upon Elam will I bring the four winds from the four quarters of heaven,(IRANIANS SCATTERED OR MASS IMIGARATION) and will scatter them toward all those winds; and there shall be no nation whither the outcasts of Elam shall not come.(WORLD IMMIGRATION)
37 For I will cause Elam (IRAN-BUSHEHR NUKE SITE) to be dismayed before their enemies, and before them that seek their life: and I will bring evil upon them, even my fierce anger,(ISRAELS NUKES POSSIBLY) saith the LORD; and I will send the sword after them, till I have consumed them:(IRAN AND ITS NUKE SITES DESTROYED)
ISAIAH 17:1,11-14
1 The burden of Damascus. Behold, Damascus is taken away from being a city, and it shall be a ruinous heap.
11 In the day shalt thou make thy plant to grow, and in the morning shalt thou make thy seed to flourish: but the harvest shall be a heap in the day of grief and of desperate sorrow.
12 Woe to the multitude of many people, which make a noise like the noise of the seas; and to the rushing of nations,(USELESS U.N) that make a rushing like the rushing of mighty waters!
13 The nations shall rush like the rushing of many waters: but God shall rebuke them, and they shall flee far off, and shall be chased as the chaff of the mountains before the wind, and like a rolling thing before the whirlwind.
14 And behold at evening tide trouble; and before the morning he is not.(ASSAD KILLED IN OVERNIGHT RAID) This is the portion of them that spoil us,(ISRAEL) and the lot of them that rob us.
AMOS 1:5
5 I will break also the bar of Damascus, and cut off the inhabitant from the plain of Aven, and him that holdeth the sceptre from the house of Eden:(IRAQ) and the people of Syria shall go into captivity unto Kir,(JORDAN) saith the LORD.(I belive ISIS-DAMASCUS GET NUKED BY ISRAEL)
CHINA AND KINGS OF THE EAST MARCH TO ISRAEL 2ND WAVE OF WW3 (200 MILLION MAN ARMY)(THIS WILL BE WW3 DURING THE 7 YR TRIBULATION PERIOD I BELIEVE.2 BILLION DIE ON EARTH IN THIS NUKE WAR)
REVELATION 16:12-16
12 And the sixth angel poured out his vial upon the great river Euphrates;(WERE WW3 STARTS IN IRAQ OR SYRIA OR TURKEY) and the water thereof was dried up, that the way of the kings of the east might be prepared.(THE TURKEY ATATURK DAM ON THE EUPHRATES CAN BE SHUT AND DRIED UP ALREADY BY TURKEY)
13 And I saw three unclean spirits like frogs come out of the mouth of the dragon,(SATAN) and out of the mouth of the beast,(WORLD DICTATOR) and out of the mouth of the false prophet.(FALSE POPE)
14 For they are the spirits of devils, working miracles, which go forth unto the kings of the earth and of the whole world, to gather them to the battle of that great day of God Almighty.(WERE 2 BILLION DIE FROM NUKE WAR)
15 Behold, I come as a thief. Blessed is he that watcheth, and keepeth his garments, lest he walk naked, and they see his shame.
16 And he gathered them together into a place called in the Hebrew tongue Armageddon.(ITS AT THIS TIME I BELIEVE WHEN AMERICA GETS NUKED BY RUSSIA ON THE WAY TO THE MIDEAST)
DANIEL 11:44 (2ND WAVE OF WW3)
44 But tidings out of the east(CHINA) and out of the north(RUSSIA, MUSLIMS WHATS LEFT FROM WAVE 1) shall trouble him:(EU DICTATOR IN ISRAEL) therefore he shall go forth with great fury to destroy, and utterly to make away many.( 1/3RD OF EARTHS POPULATION)
REVELATION 9:12-18
12 One woe is past; and, behold, there come two woes more hereafter.
13 And the sixth angel sounded, and I heard a voice from the four horns of the golden altar which is before God,
14 Saying to the sixth angel which had the trumpet, Loose the four(DEMONIC WAR) angels which are bound in the great river Euphrates.(WORLDWIDE WAR)(TURKEY-IRAQ-SYRIA)(EUPHRATES RIVER CONSISTS OF 760 MILES IN TURKEY,440 MILES IN SYRIA AND 660 MILES IN IRAQ)
15 And the four(DEMONIC WAR) angels were loosed,(WORLDWIDE WAR) which were prepared for an hour, and a day, and a month, and a year, for to slay the third part of men.(1/3 Earths Population die in WW 3 2ND WAVE-2 billion)
16 And the number of the army of the horsemen were two hundred thousand thousand:(200 MILLION MAN ARMY FROM CHINA AND THE KINGS OF THE EAST) and I heard the number of them.
17 And thus I saw the horses in the vision, and them that sat on them, having breastplates of fire, and of jacinth, and brimstone: and the heads of the horses were as the heads of lions; and out of their mouths issued fire and smoke and brimstone.(NUCLEAR BOMBS)
18 By these three was the third part of men killed, by the fire, and by the smoke, and by the brimstone, which issued out of their mouths.(NUCLEAR BOMBS)
EZEKIEL 39:6
6 And I will send a fire on RUSSIA (Magog,) and among them that dwell carelessly in the isles: and they shall know that I am the LORD.
SECOND ANGEL: The Middle East DR DOCTORIAN
Then Isawthat the second angel had a sickle in his hand,such asis used in harvesting. The second angelsaid, “Harvest time has come in Israel and the countries all the wayto Iran.” Isawthose countriesin a fewsplitseconds. “All of Turkey and those other countries that have refused me and refused my message of love shall hate each other and kill one another.” I saw the angel raise the sickle and come down on all the Middle East countries.I saw Iran, Persia, Armenia, Azerbaijan, all of Georgia – Iraq, Syria,Lebanon,Jordan, Israel, all of Asia Minor – full of blood. Isaw blood all over these countries. And I saw fire; nuclear weapons were used in many of those countries. Smoke rising from everywhere. Sudden destruction – men destroying one another. I heard these words, “Israel, Oh Israel, the great judgment has come.”The angel said, “The chosen, the church, the remnant, shall be purified. The Spirit of God shall prepare the children of God.” I saw fires rising to heaven.The angel said, “This is the final judgment My church shall be purified, protected and ready for the final day. Men will die from thirst. Watershall be scarce all over the Middle East. Rivers shall dry up, and men will fight for water in those countries.” The angelshowed me that the United Nationsshall be broken in pieces because of the crisisin the Middle East. There shall be no more United Nations. The angel with the sickle shall reap the harvest.
ZECHARIAH 14:12-13
12 And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet,(DISOLVED FROM ATOMIC BOMB) and their eyes shall consume away in their holes,(DISOLVED FROM ATOMIC BOMB) and their tongue shall consume away in their mouth.(DISOLVED FROM ATOMIC BOMB)(BECAUSE NUKES HAVE BEEN USED ON ISRAELS ENEMIES)(GOD PROTECTS ISRAEL AND ALWAYS WILL)
13 And it shall come to pass in that day, that a great tumult from the LORD shall be among them; and they shall lay hold every one on the hand of his neighbour, and his hand shall rise up against the hand of his neighbour.(1/2-3 BILLION DIE IN WW3)(THIS IS AN ATOMIC BOMB EFFECT)
IAF fighter jets, refuelers hold air drill with US forces, thought to focus on Iran-Two-week exercises simulate ‘strategic strike’ in unfamiliar enemy territory with ‘abundance of anti-aircraft defenses’By Emanuel Fabian-MAR 12,23-Today, 1:56 pm
Israeli fighter jets and refueler aircraft on Sunday began a two-week air drill with the US Air Force at an airbase in Nevada, a joint activity thought to be focused on Iran, with officials saying the exercises would include long-range flights and simulate strikes in unfamiliar enemy territory.The seven F-35I fighter jets and two Boeing 707 refueling planes of the Israeli Air Force had been arriving at Nellis Air Force Base since Wednesday, ahead of the drill, known as Red Flag 23-2.In a statement Sunday, the Israel Defense Forces said the exercises would include a “strategic strike in the depth,” an apparent reference to a potential strike on Iran’s nuclear facilities.Additionally, the air drills would simulate “achieving aerial superiority in the region, joint aerial strikes, area defense, interception of enemy aircraft, low-altitude flights and striking in an unfamiliar area with an abundance of anti-aircraft defenses.”During the drill, the IAF refueler planes were to refuel American fighter jets, and Israeli fighter jets were to refuel from an American Boeing KC-46, of which Israel has ordered four and is expected to receive the first in 2025.For Israel, the KC-46 aircraft are seen as necessary to conduct potential major strikes against targets in Iran, some 2,000 kilometers (1,200 miles) from Israel and far outside the normal flight range of Israeli jets.“Close to 100 aircraft are scheduled to depart Nellis twice a day and may remain in the air for up to five hours during this large-scale exercise. Also, expect aircraft noise during nighttime and weekend launches,” the US Air Force said.It said that Saturday flights would be rescheduled for Sunday, out of respect for the IAF participants who observe the Sabbath.Israel regularly conducts various training drills with the US military, including air force exercises and missile defense drills.In January, the IDF and US Central Command held a major drill in Israel, dubbed Juniper Oak, the largest-ever joint exercise held by the Israeli and American militaries. Juniper Oak was widely seen as a message to Iran.“The Red Flag exercise strengthens operational cooperation between the two militaries as key partners committed to maintaining security in the Middle East,” the IDF said Sunday.The US Navy, Marine Corps, Space Force, and Air National Guard were also to participate in the Red Flag 23-2 drill.Red Flag drills are held at least three times a year since 1975 at Nellis airbase, considered the US Air Force’s “premier military training area.”The US Air Force said the exercises aim to “provide aircrews the experience of multiple, intensive air combat sorties in the safety of a training environment.”One of the drills is only for US forces, another only for the “Five Eyes” intelligence alliance — Australia, Canada, New Zealand, the United Kingdom, and the United States — and one “that welcomes an expanded roster of international allies and partners,” the US Air Force said.The IAF participated in Red Flag in 2002, 2004, 2009, 2015, and 2016.
Russian advance stalls in Ukraine's Bakhmut, think tank says-frontline near Bakhmut, Ukraine-Karl Ritter, The Associated Press-March 12, 2023 9:39AM EDT
KYIV, Ukraine (AP) — Russia’s advance seems to have stalled in Moscow's campaign to capture the eastern Ukrainian city of Bakhmut, a leading think tank said in an assessment of the longest ground battle of the war.The Washington-based Institute for the Study of War said there were no confirmed advances by Russian forces in Bakhmut. Russian forces and units from the Kremlin-controlled paramilitary Wagner Group continued to launch ground attacks in the city, but there was no evidence that they were able to make any progress, ISW said late Saturday.The report cited the spokesperson of the Ukrainian Armed Forces’ Eastern Group, Serhii Cherevaty, who said that fighting in the Bakhmut area had been more intense this week than the previous one. According to Cherevaty, there were 23 clashes in the city over the previous 24 hours.UK: Russian advance in Bakhmut could come with heavy losses-The ISW’s report comes following claims of Russian progress earlier this week. The U.K. Defense Ministry said Saturday that paramilitary units from the Kremlin-controlled Wagner Group had seized most of eastern Bakhmut, with a river flowing through the city now marking the front line of the fighting. The assessment highlighted that Russia’s assault will be difficult to sustain without more significant personnel losses.The mining city of Bakhmut is located in Ukraine’s eastern Donetsk province, one of four regions of Ukraine that Russian President Vladimir Putin illegally annexed last year. Russia’s military opened the campaign to take control of Bakhmut in August, and both sides have experienced staggering casualties. Ukrainian President Volodymyr Zelenskyy has vowed not to retreat.In its latest report Sunday, the U.K. Defense Ministry said Sunday that the impact of the heavy casualties Russia is continuing to suffer in Ukraine varies dramatically across the country. The ministry's intelligence update said that the major cities of Moscow and St. Petersburg remain “relatively unscathed,” particularly among members of Russia's elite. In contrast, in many of Russia’s eastern regions, the death rate as a percentage of the population is “30-40 times higher than in Moscow.”The report highlighted that ethnic minorities often take the biggest hit. In the southern Astrakhan region, for example, about “75% of casualties come from the minority Kazakh and Tartar populations.”Russia’s mounting casualties are reflected in a loss of government control over the country’s information sphere, ISW said. The think tank said that Russian Foreign Ministry spokesperson Maria Zakharova confirmed “infighting in the Kremlin inner circle” and that the Kremlin has effectively ceded control over the country’s information space, with Putin unable to readily regain control.The ISW sees Zakharova’s comments, made at a forum on the “practical and technological aspects of information and cognitive warfare in modern realities” in Moscow, as “noteworthy” and in line with the think tank’s long standing assessments about the “deteriorating Kremlin regime and information space control dynamics.”In a separate statement, Zakharova said Sunday that the next round of talks regarding extending the Black Sea grain deal will be held on Monday in Geneva. The meeting will see a Russian delegation meet with top U.N. officials before the deal’s latest extension that expires on March 18.The wartime agreement that unblocked grain shipments from Ukraine and helped temper rising global food prices was last extended by four months in November.The deal, which Ukraine and Russia signed in separate agreements with the U.N. and Turkey on July 22, established a safe shipping corridor in the Black Sea and inspection procedures to address concerns that cargo vessels might carry weapons or launch attacks.Ukraine and Russia are key global suppliers of wheat, barley, sunflower oil and other food to countries in Africa, the Middle East and parts of Asia where millions of impoverished people lack enough to eat. Russia was also the world’s top exporter of fertilizer before the war.A loss of those supplies following Russia’s full-scale invasion of Ukraine in February 2022 had pushed up global food prices and fueled concerns of a hunger crisis in poorer countries.Elsewhere in Ukraine, Russian attacks over the previous day killed at least five people and wounded another seven across Ukraine’s Donetsk and Kherson regions, local Ukrainian authorities reported on Sunday morning.Donetsk Gov. Pavlo Kyrylenko said that two people were killed in the region, one in the city of Kostyantynivka and one in the village of Tonenke. Four further civilians were wounded.Also in the Donetsk province, Sloviansk Mayor Vadim Lyakh said the power grid and railway lines were damaged by Russian shelling on Sunday, but didn't report any casualties.Local officials in the southern Kherson province confirmed that Russian forces fired 29 times on Ukrainian-controlled territory in the region on Saturday, with residential areas of the regional capital, Kherson, coming under fire three times. Three people died in the province and a further three were wounded.A woman was wounded in Russian shelling in the village of Bilozerka on Sunday, just outside Kherson.In Ukraine’s northeastern Kharkiv province, the Kharkiv, Chuhuiv and Kupiansk districts came under fire, but no civilian casualties were reported.The head of Ukraine’s southern Mykolaiv province Gov. Vitali Kim said Sunday morning that the town of Ochakiv, set at the mouth of the Dnieper River, came under artillery fire in the early hours of Sunday. Cars were set ablaze, while private houses and high-rise buildings sustained damage. No casualties were reported.
Iran says rapprochement with Saudi Arabia will help end war in Yemen-Tehran says deal with Riyadh will promote efforts to renew ceasefire, lead to inclusive government; since 2014, conflict has become proxy war between the two regional powers-By Samy Magdy-mar 12,23-Today, 9:05 pm
CAIRO, Egypt (AP) — Iran’s mission to the United Nations says a breakthrough agreement with Saudi Arabia restoring bilateral relations will help bring a political settlement to Yemen’s yearslong war, Iranian state media reported on Sunday.Iran and Saudi Arabia agreed Friday to reestablish diplomatic relations and reopen their embassies, after seven years of tensions that brought the two regional powerhouses to the brink of conflict and fueled tensions across the region.Soon after exploding in 2014, Yemen’s conflict turned into a proxy war between Saudi Arabia, which led a military coalition backing Yemen’s internationally recognized government, and Iran, which has aided the country’s Houthi rebels.Iran has long been accused by western governments and UN experts of providing weapons to the Houthis. Western militaries have repeatedly intercepted Yemen-bound ships carrying Iranian weapons in the Red Sea. Tehran has denied the accusations of arming the Houthis.China mediated the major diplomatic breakthrough between Tehran and Riyadh, which is widely believed to decrease the likelihood of armed conflict between the regional rivals, both directly and in proxy conflicts.Citing a statement from Iran’s UN mission, the IRNA news agency said the deal with Saudi Arabia would accelerate efforts to renew an expired cease-fire deal, “help start a national dialogue, and form an inclusive national government in Yemen.”The month cease-fire, the longest of the Yemen conflict, expired in October. Both sides, however, refrained from taking serious escalatory actions that could cause fighting to flare up, as negotiations were underway between the Houthis and Saudi Arabia to renew the agreement.The Houthis appeared to welcome the deal, at the same time slamming the United States and Israel, Iran’s top foes.“The region needs the return of normal relations between its countries, through which the Islamic society can regain its lost security as a result of the foreign interventions, led by the Zionists and Americans,” said Mohamed Abdulsalam, the rebels’ spokesman and chief negotiator.The Saudi-backed Yemeni government issued a carefully crafted statement on the deal, expressing some optimism — and caveats.“The Yemeni government’s position depends on actions and practices, not words and claims,” it said, adding it would proceed cautiously “until observing a true change in (Iranian) behavior.”Abdel-Bari Taher, a Yemeni political commentator and former Journalists’ Union head, called the Saudi Arabia-Iran deal a “positive first step.” He urged both Tehran and Riyadh to further pressure their allies in Yemen to end the conflict and ease tensions elsewhere in the region.“They should pressure their allies to engage positively in the UN efforts to relaunch political talks between Yemenis,” he said. “Yemen is a hot and sensitive spot in the regional rivalry. If it is solved, it would ease tensions in other areas in the region.”Rights groups say Yemen’s war has unleashed one of the world’s worst humanitarian crises and pushed millions of people to the brink of famine.
Iran says more than 100 arrested over poisonings that hurt thousands of schoolgirls-Interior ministry accuses perpetrators of seeking to sow ‘terror,’ points at possible links with Albania-based exiled Iranian opposition group MEK-By AFP-mar 12,23-Today, 12:35 pm
TEHRAN, Iran — Iran has announced more than 100 arrests nationwide over the mystery poisonings of thousands of schoolgirls, charging that the unidentified alleged perpetrators may have links with “hostile” groups.In the wave of cases since late November, schoolgirls have suffered fainting, nausea, shortness of breath, and other symptoms after reporting “unpleasant” odors on school premises, with some being treated in hospital.State media reported late Saturday that the interior ministry had announced the arrests over the suspected poison attacks in more than 200 schools, which have sparked fear and anger among pupils and their parents.“More than 100 people who were responsible for the recent school incidents were identified, arrested, and investigated,” the ministry said in a statement, carried by state news agency IRNA.“Among those arrested are people with hostile motives and with the aim of instilling terror in the people and students and to close schools.”The ministry added that “fortunately, from the middle of the last week until today, the number of incidents in schools has decreased significantly, and there have been no reports of sick students.”The statement pointed at possible links to an Albania-based exiled Iranian opposition group that Tehran considers a “terrorist” organization, the People’s Mujahedin of Iran or Mujahedeen-e-Khalq (MEK).“The investigation of these criminal people, including the discovery of their possible connection with the terrorist organizations such as the MEK and others, is ongoing,” reported IRNA.The poisonings started two months into the protests that gripped Iran following the September 16 death of 22-year-old Mahsa Amini, an ethnic Kurd who had been arrested over an alleged violation of strict dress rules for women.Iran has blamed those protests, which it commonly labels “riots,” on hostile forces abroad linked to its arch-foes the United States, Israel, and their allies.More than 5,000 pupils have been affected in approximately 230 schools across 25 out of Iran’s 31 provinces, the latest official tally said.The ministry said arrests were made in the provinces of Tehran, Qom and Gilan in the north, Razavi Khorasan in the northeast, West Azerbaijan, East Azerbaijan and Zanjan in the northwest, Kurdistan and Hamadan in the west, Khuzestan in the southwest and Fars in the south.Supreme leader Ayatollah Ali Khamenei had last Monday called for the perpetrators of the “unforgivable crime” to be tracked down “without mercy.”
Iran says deal reached to buy Russian fighter jets, as defense cooperation deepens-Sanctions-hit Tehran has aging fleet, struggled to get spare parts; advanced planes will apparently be housed at underground base designed to respond to potential Israeli strikes-By AFP and ToI Staff-11 March 2023, 3:39 pm
TEHRAN — Iran has finalized a deal to buy Sukhoi Su-35 fighter jets from Russia, state media reported, as defense cooperation between the two countries deepens.The air force of sanctions-hit Iran has an aging fleet of aircraft and has struggled to acquire spare parts to keep its warplanes in the air.In a statement to the United Nations, Tehran said it began approaching “countries to buy fighter jets” to replenish its fleet in the wake of the 1980-88 Iran-Iraq war.“Russia announced it was ready to sell them” after the expiry in October 2020 of restrictions on Iran purchasing conventional weapons under UN Resolution 2231, said the statement carried late Friday by the official IRNA news agency.“The Sukhoi 35 fighter jets were technically acceptable for Iran,” it added.An analysis of images from a newly revealed underground air force base in Iran named “Eagle 44” revealed that the site is likely being prepared to host the advanced Russian Sukhoi Su-35 fighter jets, The New York Times reported last month.Iran last month unveiled what it said was its first underground air force base, with the head of the Islamic Republic’s military saying the site would be among those used to launch a response to any potential strikes by Israel or others.Iran has in recent years been moving much of its critical military infrastructure underground. Israel is suspected of launching a series of attacks on Iran, including an assault on its underground Natanz nuclear facility that damaged its centrifuges.Tehran has forged strong ties with Moscow in various sectors including the military in the past year.Kyiv has accused Tehran of supplying Moscow with Shahed-136 “kamikaze” drones used in attacks on civilian targets since Russia’s invasion of Ukraine in February last year — an allegation the Islamic Republic denies.The United States has expressed alarm over the growing military cooperation between Iran and Russia, with Pentagon spokesman John Kirby warning in December that Russia looked likely to sell Iran its fighter jets.Kirby maintained that Iranian pilots had reportedly been learning to fly the Sukhoi warplanes in Russia, and that Tehran may receive the aircraft within the next year, which would “significantly strengthen Iran’s air force relative to its regional neighbors.”Iran currently has mostly Russian MiG and Sukhoi fighter jets that date back to the Soviet era, as well as some Chinese aircraft, including the F-7.Some American F-4 and F-5 fighter jets dating back to before the 1979 Islamic Revolution are also part of its fleet.The US began reimposing sanctions on Iran in 2019, a year after its unilateral withdrawal from the Iran nuclear deal under then-US president Donald Trump.The 2015 deal formally known as the Joint Comprehensive Plan of Action, or JCPOA, gave Iran relief from international sanctions in return for curbs on its suspect nuclear program.
Bloomberg-North Korea Says It’s Adopting Steps to Deter ‘War Provocations’Hooyeon Kim-Sun, March 12, 2023 at 12:30 AM EST
(Bloomberg) -- North Korea said it’s taking “important and practical” measures to deter any acts of aggression by the US and South Korea as the two allies prepare to hold large-scale military drills through the next two weeks.Pyongyang discussed and adopted “steps for making more effective, powerful and offensive use of the country’s war deterrent in coping with the present situation,” North Korea’s official Korean Central News Agency said Sunday. “War provocations” by the U.S. and South Korea are reaching its red line, it said.The decision was made at a meeting of the Central Military Commission of North Korea’s Workers’ Party in which leader Kim Jong-un was present, according to KCNA.North Korea Slams US ‘War Preparation,’ Fires Off Missiles-The US and South Korea are planning to hold their “Freedom Shield” exercises March 13-23, aimed at bolstering their “joint defense posture in the face of North Korea’s nuclear and missile threats,” according to the militaries of the two countries. The drills are expected to be some of the largest the two have held in years.North Korea, which for decades has decried such drills as a prelude to an invasion and nuclear war, has pledged an unprecedented response. It has demanded that the US and South Korea halt hostile military actions, criticizing the US for deliberately increasing tensions in the Korean Peninsula and the broader region. Last week, Kim presided over live-fire drills where his military launched several suspected short-range ballistic missiles.
SIGNS IN THE SUN, MOON AND STARS-CHEMICAL WEAPONS
LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences;(BIOLOGICAL/CHEMICAL/NUCLEAR) and fearful sights and great signs shall there be from heaven.
LUKE 21:25-26
25 And there shall be signs in the sun,(HEATING UP-SOLAR ECLIPSES) and in the moon,(MAN ON THE MOON-LUNAR ECLIPSES) and in the stars;(ASTEROIDS-PROPHECY SIGNS) and upon the earth distress of nations, with perplexity;(MASS CONFUSION) the sea and the waves roaring;(FIERCE WINDS)
26 Men’s hearts failing them for fear,(TORNADOES,HURRICANES,STORMS) and for looking after those things which are coming on the earth:(DESTRUCTION) for the powers of heaven shall be shaken.(FROM QUAKES,NUKES ETC)
REVELATION 16:21 80-120LB HAIL ON HUMANS
21And there fell upon men a great hail out of heaven, every stone about the weight of a talent:(80-120 LBS) and men blasphemed God because of the plague of the hail; for the plague thereof was exceeding great.
FAMINE
EZEKIEL 5:16
16 When I shall send upon them the evil arrows of famine, which shall be for their destruction, and which I will send to destroy you: and I will increase the famine upon you, and will break your staff of bread:
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)
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: and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.
LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
DEUTORONOMY 28:24
24 The LORD shall make the rain of thy land powder and dust: from heaven shall it come down upon thee, until thou be destroyed.
LOCUSTS (DEMONIC) TORTURES SINNERS 5 MONTHS
REVELATION 9:1-6
1 And the fifth angel sounded, and I saw a star fall from heaven unto the earth: and to him was given the key of the bottomless pit.
2 And he opened the bottomless pit; and there arose a smoke out of the pit, as the smoke of a great furnace; and the sun and the air were darkened by reason of the smoke of the pit.
3 And there came out of the smoke (DEMONIC) locusts upon the earth: and unto them was given power, as the scorpions of the earth have power.
4 And it was commanded them that they should not hurt the grass of the earth, neither any green thing, neither any tree; but only those men which have not the seal of God in their foreheads.
5 And to them it was given that they should not kill them, but that they should be tormented five months: and their torment was as the torment of a scorpion, when he striketh a man.
6 And in those days shall men seek death, and shall not find it; and shall desire to die, and death shall flee from them.
FEARFUL SIGHTS AND GREAT SIGNS FROM HEAVEN
LUKE 21:11
11 And great earthquakes shall be in divers places, and famines, and pestilences; and fearful sights and great signs shall there be from heaven.
FIRES AND EXPLOSIONS
REVELATION 8:7
7 The first angel sounded, and there followed hail and fire mingled with blood, and they were cast upon the earth: and the third part of trees was burnt up, and all green grass was burnt up.
OZONE DEPLETION JUDGEMENT ON THE EARTH DUE TO SIN
ISAIAH 30:26-27
26 Moreover the light of the moon shall be as the light of the sun, and the light of the sun shall be sevenfold,(7X OR 7-DEGREES HOTTER) as the light of seven days, in the day that the LORD bindeth up the breach of his people,(ISRAEL) and healeth the stroke of their wound.
27 Behold, the name of the LORD cometh from far, burning with his anger, and the burden thereof is heavy: his lips are full of indignation, and his tongue as a devouring fire:
MATTHEW 24:21-22,221 For then shall be great tribulation, such as was not since the beginning of the world to this time, no, nor ever shall be.
22 And except those days should be shortened,(DAY LIGHT HOURS SHORTENED) there should no flesh be saved: but for the elect’s sake (ISRAELS SAKE) those days shall be shortened (Daylight hours shortened)(THE ASTEROID HITS EARTH HERE)
29 Immediately after the tribulation of those days shall the sun be darkened, and the moon shall not give her light, and the stars shall fall from heaven, and the powers of the heavens shall be shaken:
REVELATION 16:7-9
7 And I heard another out of the altar say, Even so, Lord God Almighty, true and righteous are thy judgments.
8 And the fourth angel poured out his vial upon the sun; and power was given unto him to scorch men with fire.
9 And men were scorched with great heat, and blasphemed the name of God, which hath power over these plagues: and they repented not to give him glory.
Cyclone Freddy: Winds and rain lash Mozambique as storm arrives-Pumza Fihlani - BBC News, Johannesburg-Sun, March 12, 2023 at 12:37 AM EST
Mozambique is being lashed by rain, powerful winds and flooding as Cyclone Freddy makes landfall for the second time in a month.The southern African nation has received more than a year's worth of rainfall in the past four weeks.Freddy may become the longest-lasting storm on record, having formed to the north-west of Australia 34 days ago.One person is reported to have died, bringing the death toll to at least 28 since the storm first made landfall.The cyclone made its second landfall near the eastern seaport of Quelimane at around 22:00 (20:00 GMT) on Saturday.People have been urged to move into temporary shelters - including schools, churches and warehouses.More than half a million people could be at risk of a humanitarian crisis this time around, according to local disaster agencies.As the high winds hit the country, one person died when his house collapsed, Reuters news agency quotes state channel TVM as saying.Electricity has been turned off as a precaution by the power utility firm and all flights have been suspended, according to TVM.The cyclone is reported to have stalled offshore and is thought to be making its way on to land soon."I can see some houses with roofs torn apart, broken windows and the streets flooded. It's really scary," charity worker Vania Massingue, from the port city of Quelimane in Zambezia province, told Reuters.Experts says climate change is making tropical storms around the world wetter, windier and more intense.Freddy had already broken records for the strength it has accumulated over the 8,000-km (5,000-mile) path it travelled across the Indian Ocean for north-western Australia.Mozambique's national disaster management agency estimates more than 1.5 million people have been affected since the storm first hit last month, with more than 8,000 forced from their homes.A humanitarian operation is under way in the region, but there are fears that aid efforts may be hampered by new heavy rains from Freddy's return.Neighbouring Malawi - where health authorities are battling a cholera outbreak - is also set to be affected.Weather experts predict the cyclone will bring destructive winds and extreme rainfall over large areas, including north-east Zimbabwe as well as south-east Zambia.
Israel begins drill simulating receipt of international earthquake aid-17 countries, EU and UN involved in 4-day exercise focused on accepting help from allied nations on a large scale in future major national disaster-By Emanuel Fabian-mar 12,23-Today, 10:59 am
Israeli emergency authorities on Sunday began a major four-day exercise simulating the receipt of tons of aid from allied nations amid a devastating earthquake, the Defense Ministry said.The drill, led by the National Emergency Management Authority (NEMA), will involve 120 participants from 17 countries — Albania, Austria, Belgium, Bosnia, Bulgaria, the Czech Republic, Estonia, Finland, France, Germany, Latvia, Macedonia, Malta, Montenegro, Romania, Spain, Sweden, along with Israel — as well as the European Union and United Nations.According to the ministry, the drill will simulate all the emergency procedures following a major earthquake, including the decision to request international assistance, integrating foreign rescue teams with Israeli teams, and receiving and distributing international aid to various locations across the country,A NEMA official told The Times of Israel ahead of the exercise that Israel has never been on the receiving side of earthquake aid. After last month’s devastating quake that hit southeastern Turkey — to which Israel sent search and rescue teams and a field hospital — officials realized the importance of coordinating receiving aid.The drill will first simulate officials sending out a call to allied nations for assistance, and then filtering the relevant responses, depending on the severity of the situation and the needs of Israeli authorities to respond to the earthquake.At the next stage, international search and rescue teams — in skeleton crew form — will arrive at Ben Gurion Airport and the Allenby Crossing with Jordan, join up with teams from the military’s Home Front Command and Health Ministry, and travel to several locations across the country to simulate rescue operations.Meanwhile, other international aid will continue to arrive at the airport over the next days and be distributed accordingly.Officials at the National Emergency Management Authority (NEMA) headquarters are seen during a drill simulating receiving international earthquake aid, March 12, 2023. (Defense Ministry)-The official said nearly all of Israel’s government ministries are involved in the drill, along with the Israel Defense Forces and police, under the assumption that they will all remain operational during a major earthquake.“There is no system failure, the immigration systems are continuing to work, the airports are still running… the Defense Ministry is able to help with transporting aid teams to their locations, the Communications Ministry is able to approve the aid teams communication frequencies, the Environmental Protection Ministry is able to approve materials entering the country, and so on,” the official said.NEMA plans to hold similar drills of receiving international aid amid a simulated war, a large terror attack, and a mass disaster, as well as other earthquake-related exercises this year.The director of NEMA, Yoram Laredo, said 2023 was designated as the year to “focus on improving national earthquake preparedness, with the devastating earthquake in Turkey further enhancing the challenges that we face.”“The highly esteemed cooperation with our partners abroad is a crucial element in achieving this and enhances the State of Israel’s capacity to receive extensive humanitarian aid in emergency situations,” he said, in remarks provided by the ministry.Israel lies along an active fault line — the Great Rift Valley, or the Syrian African Rift, a tear in the earth’s crust that includes the area of the border separating Israel and Jordan.There have been several minor tremors over the past month.The last major earthquake to hit the region was in 1927 — a 6.2-magnitude tremor that killed 500 people and injured 700 — and seismologists estimate that such earthquakes occur in this region approximately every 100 years.Tel Aviv University researchers published a study in 2020 warning that such an earthquake, large enough to cause hundreds of fatalities, will likely hit the country in the coming years.NEMA — also known by its Hebrew acronym RAHEL — which was formed in 2007 following the previous year’s Second Lebanon War, was meant to act as an oversight body for the country’s various emergency response organizations, directing them in times of crisis.However, it has in practice been largely ineffectual, in part due to the fact that its power is derived from easily changeable government decisions, rather than a more permanent legislative authority. After its staff and budget were gutted in recent years and in part due to political considerations, NEMA was largely sidelined during the coronavirus pandemic, playing an inconsequential role during precisely the type of event it was meant to oversee.
Associated Press-Storm breaches California river's levee, thousands evacuate-NIC COURY and STEFANIE DAZIO-Sat, March 11, 2023 at 12:02 PM EST
WATSONVILLE, Calif. (AP) — A Northern California agricultural community famous for its strawberry crop was forced to evacuate early Saturday after the Pajaro River’s levee was breached by flooding from a new atmospheric river that pummeled the state.Across the Central Coast's Monterey County, more than 8,500 people were under evacuation orders and warnings Saturday, including roughly 1,700 residents — many of them Latino farmworkers — from the unincorporated community of Pajaro.Officials said the Pajaro River's levee breach is about 100 feet (30.48 meters) wide. Crews had gone door to door Friday afternoon to urge residents to leave before the rains came but some stayed and had to be pulled from floodwaters early Saturday.First responders and the California National Guard rescued more than 50 people overnight. One video showed a member of the Guard helping a driver out of a car trapped by water up to their waists.“We were hoping to avoid and prevent this situation, but the worst case scenario has arrived with the Pajaro River overtopping and levee breaching at about midnight," wrote Luis Alejo, chair of the Monterey County Board of Supervisors, on Twitter.Alejo called the flooding “massive,” saying the damage will take months to repair.The Pajaro River separates the counties of Santa Cruz and Monterey in the area that flooded Saturday. Floodwaters that got into the region’s wells might be contaminated with chemicals, officials said, and residents were told not to drink or cook with tap water for fear of illness.Officials had been working along the levee in the hopes of shoring it up when it was breached around midnight Friday into Saturday. Crews began working to fix the levee around daybreak Saturday as residents slept in evacuation centers.Oliver Gonzalez, 12, told The Associated Press that he, his mother and his aunt were rescued around 5 a.m. Saturday in Parajo. He grabbed his laptop, cellphone and some important documents but so much was left behind in their rush to leave.“I’m kinda scared," he said several hours later from an evacuation center in nearby Watsonville. "My mom’s car was left in the water.”Anais Rodriguez, 37, said first responders knocked on her home's door shortly after midnight. Her family packed about four days' worth of clothing and drove out to safety. She and her two children, her husband and her parents — along with their dog, Mila — arrived at the shelter about an hour later with few answers about what this would mean for their community going forward.Weather-related power outages affected more than 17,000 customers in Monterey County late Saturday, according to the Governor's Office of Emergency Services.Gov. Gavin Newsom's office on Saturday said it was monitoring the situation in Pajaro.“Our thoughts are with everyone impacted and the state has mobilized to support the community,” the governor's office wrote on Twitter.The Pajaro Valley is a coastal agricultural area known for growing strawberries, apples, cauliflower, broccoli and artichokes. National brands like Driscoll’s Strawberries and Martinelli’s are headquartered in the region.In 1995, the Pajaro River's levees broke, submerging 2,500 acres (1,011 hectares) of farmland and the community of Pajaro. Two peopled died and the flooding caused nearly $100 million in damage. A state law, passed last year, advanced state funds for a levee project. It was scheduled to start construction in 2024.State Sen. John Laird, who spearheaded the law and represents the area, said the project is fully funded now but it just came down to bad timing with this year's rains.“It’s tragic, we were so close to getting this done before any storms,” he said.This week's storm marked the state’s 10th atmospheric river of the winter, storms that have brought enormous amounts of rain and snow to the state and helped lessen the drought conditions that had dragged on for three years. State reservoirs that had dipped to strikingly low levels are now well above the average for this time of year, prompting state officials to release water from dams to assist with flood control and make room for even more rain.Across the state on Saturday, Californians contended with drenching rains and rising water levels in the atmospheric river's aftermath. In Tulare County, the sheriff ordered residents who live near the Tule River to evacuate, while people near the Poso Creek in Kern County were under an evacuation warning. The National Weather Service's meteorologists issued flood warnings and advisories, begging motorists to stay off deluged roadways.In San Francisco, an 85-foot (25.91 meter) eucalyptus tree fell onto the Trocadero Clubhouse early Saturday morning. The 1892 clubhouse, a San Francisco historical landmark, was left severely damaged, with part of the roof crushed and the inside flooded.Funnel clouds were spotted in the Jamestown area — the heart of California's Gold Rush — on Saturday afternoon and the weather service issued a tornado warning — later canceled — for the Sierra Nevada foothills as severe thunderstorms, hail and high winds blanketed the region. Another set of tornado warnings were briefly issued in Fresno Count y, nearly 100 miles (160.93 kilometers) south of Gold Country. Flash flooding warnings were in effect late Saturday in Tuolumne County, with roads submerged around Sonora and neighboring communities.There were no immediate reports of injuries or damage.Newsom has declared emergencies in 34 counties in recent weeks, and the Biden administration approved a presidential disaster declaration for some on Friday morning, a move that will bring more federal assistance. President Biden spoke with Newsom on Saturday to pledge the federal government's support in California's response to the emergency, the White House said.The atmospheric river, known as a “Pineapple Express” because it brought warm subtropical moisture across the Pacific from near Hawaii, was melting lower parts of the huge snowpack built in California’s mountains.Yet another atmospheric river is already in the forecast for early next week. State climatologist Michael Anderson said a third appeared to be taking shape over the Pacific and possibly a fourth.California appeared to be “well on its way to a fourth year of drought” before the early winter series of storms, Anderson said Friday. “We’re in a very different condition now,” he added.The National Weather Service on Saturday forecasted an intensified bout of rain and snow Monday through Wednesday, with considerable flooding possible along the state's central coast, San Joaquin and Sacramento valleys and the southern Sierra Nevada foothills into midweek.Another round of heavy, wet snow is expected to hit the Sierras and areas of high elevation mid-week, the weather service said. Officials reported about 32 inches (81 centimeters) of snow had fallen by Saturday morning at the Mount Rose ski resort on the edge of Reno, Nevada.__Dazio reported from Los Angeles.
HOMOSEXUALS.(SODOMITE RAINBOW GROUPERS)
LEVITICUS 20:13
13 If a man also lie with mankind,(ANOTHER MAN) as he lieth with a woman, both of them have committed an abomination: they shall surely be put to death; their blood shall be upon them.
LEVITICUS 18:22
22 Thou shalt not lie with mankind,(ANOTHER MAN) as with womankind: it is abomination.
2 TIMOTHY 3:3
3 Without natural affection,(HOMOSEXUALS) trucebreakers, false accusers, incontinent, fierce, despisers of those that are good,
1 CORINTHIANS 6:9,
9 Know ye not that the unrighteous shall not inherit the kingdom of God? Be not deceived: neither fornicators, nor idolaters, nor adulterers, nor effeminate,(HARDENED SODOMITE RAINBOW GROUPERRS) nor abusers of themselves with mankind,
PSALMS 14:1
1 To the chief Musician, A Psalm of David. The fool hath said in his heart, There is no God. They are corrupt, they have done abominable works, there is none that doeth good.
ROMANS 1:18-32
18 For the wrath of God is revealed from heaven against all ungodliness and unrighteousness of men, who hold the truth in unrighteousness;
19 Because that which may be known of God is manifest in them; for God hath shewed it unto them.
20 For the invisible things of him from the creation of the world are clearly seen, being understood by the things that are made, even his eternal power and Godhead; so that they are without excuse:
21 Because that, when they knew God, they glorified him not as God, neither were thankful; but became vain in their imaginations, and their foolish heart was darkened.
22 Professing themselves to be wise, they became fools,
23 And changed the glory of the uncorruptible God into an image made like to corruptible man, and to birds, and fourfooted beasts, and creeping things.
24 Wherefore God also gave them up to uncleanness through the lusts of their own hearts, to dishonour their own bodies between themselves:(HOMOSEXUALITY,AND ALL SEX SINS)
25 Who changed the truth of God into a lie, and worshipped and served the creature more than the Creator, who is blessed for ever. Amen.
26 For this cause God gave them up unto vile affections: for even their women did change the natural use into that which is against nature:(LESBIENS)
27 And likewise also the men, leaving the natural use of the woman, burned in their lust one toward another; men with men working that which is unseemly,(SODOMITES) and receiving in themselves that recompence of their error which was meet.(AIDS ETC)
28 And even as they did not like to retain God in their knowledge, God gave them over to a reprobate mind, to do those things which are not convenient;
29 Being filled with all unrighteousness, fornication, wickedness, covetousness, maliciousness; full of envy, murder, debate, deceit, malignity; whisperers,
30 Backbiters, haters of God, despiteful, proud, boasters, inventors of evil things, disobedient to parents,
31 Without understanding, covenantbreakers, without natural affection, implacable, unmerciful:
32 Who knowing the judgment of God, that they which commit such things are worthy of death, not only do the same, but have pleasure in them that do them.
GOD CREATED THEM MALE AND FEMALE IN MARRIAGE
GENESIS 1:27-28
27 So God created man in his own image, in the image of God created he him; male and female created he them.
28 And God blessed them, and God said unto them, Be fruitful, and multiply,(HAVE LOTS OF CHILDREN) and replenish the earth,(HOMOSEXUALS CAN NOT REPLENISH THE EARTH WITH CHILDREN)(BY HAVING SEX WITH EACH OTHER) and subdue it: and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth.
GENESIS 2:21-24
21 And the LORD God caused a deep sleep to fall upon Adam, and he slept: and he took one of his ribs, and closed up the flesh instead thereof;
22 And the rib, which the LORD God had taken from man, made he a woman, and brought her unto the man.
23 And Adam said, This is now bone of my bones, and flesh of my flesh: she shall be called Woman, because she was taken out of Man.
24 Therefore shall a man leave his father and his mother, and shall cleave unto his wife: and they shall be one flesh.
MATTHEW 19:4-6
4 And he answered and said unto them, Have ye not read, that he which made them at the beginning made them male and female,
5 And said, For this cause shall a man leave father and mother, and shall cleave to his wife: and they twain shall be one flesh?
6 Wherefore they are no more twain, but one flesh. What therefore God hath joined together, let not man put asunder.
JOEL 3:2
2 I will also gather all nations, and will bring them down into the valley of Jehoshaphat, and will plead with them there for my people(ISRAEL) and for my heritage Israel, whom they have scattered among the nations, and parted my land.(UPROOTED ISRAELIS AND DIVIDED JERUSALEM)(THIS BRINGS ON WW3 BECAUSE JERUSALEM IS DIVIDED,WARNING TO ARABS-MUSLIMS AND THE WORLD).
WEEK OF DANIEL 9:27 WE KNOW ITS 7 YRS
Heres the scripture 1 week = 7 yrs Genesis 29:27-29
27 Fulfil her week, and we will give thee this also for the service which thou shalt serve with me yet seven other years.
28 And Jacob did so, and fulfilled her week:(7 YEARS) and he gave him Rachel his daughter to wife also.
29 And Laban gave to Rachel his daughter Bilhah his handmaid to be her maid.
DANIEL 11:21-2321 And in his estate shall stand up a vile person, to whom they shall not give the honour of the kingdom: but he shall
DANIEL 9:26-27
26 And after threescore and two weeks(62X7=434 YEARS+7X7=49 YEARS=TOTAL OF 69 WEEKS OR 483 YRS) shall Messiah be cut off, but not for himself: and the people of the prince that shall come shall destroy the city and the sanctuary;(ROMAN LEADERS DESTROYED THE 2ND TEMPLE) and the end thereof shall be with a flood, and unto the end of the war desolations are determined.(THERE HAS TO BE 70 WEEKS OR 490 YRS TO FUFILL THE VISION AND PROPHECY OF DAN 9:24).(THE NEXT VERSE IS THAT 7 YR WEEK OR (70TH FINAL WEEK).
27 And he ( THE ROMAN,EU PRESIDENT) shall confirm the covenant (PEACE TREATY) with many for one week:(1X7=7 YEARS) and in the midst of the week he shall cause the sacrifice and the oblation to cease,(3 1/2 yrs in TEMPLE ANIMAL SACRIFICES STOPPED) and for the overspreading of abominations he shall make it desolate, even until the consummation, and that determined shall be poured upon the desolate.
JEREMIAH 6:14
14 They have healed also the hurt of the daughter of my people slightly, saying, Peace, peace; when there is no peace.
JEREMIAH 8:11
11 For they have healed the hurt of the daughter of my people slightly, saying, Peace, peace; when there is no peace.
1 THESSALONIANS 5:3
3 For when they shall say, Peace and safety; then sudden destruction cometh upon them, as travail upon a woman with child; and they shall not escape.
ISAIAH 33:8
8 The highways lie waste, the wayfaring man ceaseth: he hath broken the covenant,(7 YR TREATY) he hath despised the cities, he regardeth no man.(THE WORLD LEADER-WAR MONGER CALLS HIMSELF GOD)
JERUSALEM DIVIDED
GENESIS 25:20-26
20 And Isaac was forty years old (A BIBLE GENERATION NUMBER=1967 + 40=2007+) when he took Rebekah to wife, the daughter of Bethuel the Syrian of Padanaram, the sister to Laban the Syrian.
21 And Isaac intreated the LORD for his wife, because she was barren: and the LORD was intreated of him, and Rebekah his wife conceived.
22 And the children (2 NATIONS IN HER-ISRAEL-ARABS) struggled together within her; and she said, If it be so, why am I thus? And she went to enquire of the LORD.
23 And the LORD said unto her, Two nations are in thy womb, and two manner of people shall be separated from thy bowels;(ISRAEL AND THE ARABS) and the one people shall be stronger than the other people;(ISRAEL STRONGER THAN ARABS) and the elder shall serve the younger.(LITERALLY ISRAEL THE YOUNGER RULES (ISSAC)(JACOB-LATER NAME CHANGED TO ISRAEL) OVER THE OLDER ARABS (ISHMAEL)(ESAU)
24 And when her days to be delivered were fulfilled, behold, there were twins in her womb.
25 And the first came out red, all over like an hairy garment; and they called his name Esau.(THE OLDER AN ARAB)
26 And after that came his brother out, and his hand took hold on Esau's heel; and his name was called Jacob:(THE YOUNGER-ISRAELI) and Isaac was threescore (60) years old when she bare them.(1967 + 60=2027)(COULD BE THE LAST GENERATION WHEN JERUSALEM IS DIVIDED AMOUNG THE 2 TWINS)(THE 2 TWINS WANT JERUSALEM-THE DIVISION OF JERUSALEM TODAY)(AND WHOS IN CONTROL OF JERUSALEM TODAY-THE YOUNGER ISSAC-JACOB-ISRAEL)(AND WHO WANTS JERUSALEM DIVIDED-THE OLDER,ESAU-ISHMAEL (THE ARABS)
ISAIAH 28:14-19 (THIS IS THE 7 YR TREATY COVENANT OF DANIEL 9:27)
14 Wherefore hear the word of the LORD, ye scornful men, that rule this people which is in Jerusalem.
15 Because ye have said, We have made a covenant with death, and with hell are we at agreement; when the overflowing scourge shall pass through, it shall not come unto us: for we have made lies our refuge, and under falsehood have we hid ourselves:
16 Therefore thus saith the Lord GOD, Behold, I lay in Zion for a foundation a stone, a tried stone, a precious corner stone, a sure foundation: he that believeth shall not make haste.17 Judgment also will I lay to the line, and righteousness to the plummet: and the hail shall sweep away the refuge of lies, and the waters shall overflow the hiding place.
18 And your covenant with death shall be disannulled, and your agreement with hell shall not stand; when the overflowing scourge shall pass through, then ye shall be trodden down by it.
19 From the time that it goeth forth it shall take you: for morning by morning shall it pass over, by day and by night: and it shall be a vexation only to understand the report.
DANIEL 8:23-25
23 And in the latter time of their kingdom, when the transgressors are come to the full, a king (EU DICTATOR) of fierce countenance, and understanding dark sentences,(FROM THE OCCULT) shall stand up.
24 And his power shall be mighty, but not by his own power:(SATANS POWER) and he shall destroy wonderfully, and shall prosper, and practise, and shall destroy the mighty and the holy people.
25 And through his policy also he shall cause craft to prosper in his hand; and he shall magnify himself in his heart, and by peace shall destroy many: he shall also stand up against the Prince of princes;(JESUS) but he shall be broken without hand.DANIEL 11:36-40
36 And the king shall do according to his will;(EU PRESIDENT) and he shall exalt himself, and magnify himself above every god, and shall speak marvellous things against the God of gods, and shall prosper till the indignation be accomplished: for that that is determined shall be done.
37 Neither shall he regard the God of his fathers,(THIS EU DICTATOR IS A EUROPEAN JEW) nor the desire of women, nor regard any god: for he shall magnify himself above all.
38 But in his estate shall he honour the God of forces:(HES A MILITARY GINIUS) and a god whom his fathers knew not shall he honour with gold, and silver, and with precious stones, and pleasant things.
39 Thus shall he do in the most strong holds (CONTROL HEZBOLLAH,AL-QUAIDA MURDERERS ETC) with a strange god, whom he shall acknowledge and increase with glory: and he shall cause them to rule over many,(HIS ARMY LEADERS) and shall divide the land for gain.
40 And at the time of the end shall the king of the south(EGYPT) push at him:(EU DICTATOR PROTECTING ISRAELS SECURITY) and the king of the north(RUSSIA) shall come against him like a whirlwind, with chariots, and with horsemen, and with many ships; and he shall enter into the countries, and shall overflow and pass over.
ZECHARIAH 14:12-13
12 And this shall be the plague wherewith the LORD will smite all the people that have fought against Jerusalem; Their flesh shall consume away while they stand upon their feet, and their eyes shall consume away in their holes, and their tongue shall consume away in their mouth.
13 And it shall come to pass in that day, that a great tumult from the LORD shall be among them; and they shall lay hold every one on the hand of his neighbour, and his hand shall rise up against the hand of his neighbour.(1/2-3 BILLION DIE IN WW3)
