JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER.
1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-OCTOBER 08,2015-12:00AM
DOW MARKET THURSDAY-OCT 08,2015
09:30AM-36.92-
10:00AM-21.01-
10:30AM-26.29-
11:00AM-17.27-
11:30AM-14.92
12:00PM-17.60
12:30PM-12.89
01:00PM-12.73-
01:30PM-11.78
02:00PM-27.96
02:30PM-64.66
03:00PM-118.08
03:30PM-133.05
04:00PM-138.46+ 17,050.75
HIGH +157 LOW -50
TSX +110.31 13,978.66 - GOLD -$8.60 $1,140.00 - OIL +$1.85 $49.66
Dow ends higher for fifth straight session after Fed minutes-market watch-Published: Oct 8, 2015 4:06 p.m. ET-By Anora Mahmudova-Reporter
The Dow Jones Industrial Average closed with gains for a fifth consecutive session, its longest winning streak this year. Broader markets climbed after the minutes from the Federal Reserve's latest policy meeting revealed that policy makers decided to hold off on a rate hike as many thought downside risk increased. The Dow Jones Industrial Average jumped 138.46 points, or 0.8%, to 17,050.75, closing above 17,000 for the first time since August. The S&P 500 SPX, +0.88% added 17.60 points, or 0.9%, to 2,013.43, closing above its 50-day moving average. The Nasdaq Composite COMP, +0.41% ended the day up 19.64 points, or 0.4%, at 4,810.79.
IMF: Up to $3 trillion in over-borrowing in emerging markets-Associated Press-OCT 7,15- YAHOONEWS
LIMA, Peru (AP) — The International Monetary Fund says the biggest risks to the global economy are now in emerging markets, where private companies have racked up considerable debt amid a fifth straight year of slowing growth.Top bank official Jose Vinals says the Fund estimates "that there is up to $3 trillion in over-borrowing in emerging markets."Vinals presented the IMF's Global Financial Stability report on Wednesday at its annual meeting, being held in Peru.He says an unprecedented lending spree has come to an end with the plunge in prices for oil, minerals and other commodities that economists attribute to China's slowdown.The risk is that shocks from bankruptcies in the developing world's private sector could be amplified in global financial markets.
IMF sees commodities shock plunging Latin America into recession-The Canadian PressBy Joshua Goodman, The Associated Press | The Canadian Press – OCT 7,15-yahoonews
LIMA, Peru - Latin America's economy is expected to enter recession this year for the first time since the end of the global financial crisis as China's slowdown drives lower demand for the region's commodities, threatening to undo recent progress in reducing poverty, the International Monetary Fund said Wednesday. The Washington-based lender, in a report released its annual meetings being held in Peru, said that the rate of economic growth in Latin America and the Caribbean was set to decline for the fifth consecutive year before rebounding in 2016.Pulled down by a deep recession in Brazil and Venezuela, two of South America's largest economies, and by a smaller contraction in oil-dependent Ecuador, the economies of Latin America and the Caribbean are expected to shrink by 0.3 per cent this year.While a stronger U.S. economy and lower commodity prices should help manufacturers in Mexico, Central America and the oil-importing countries of the Caribbean, the biggest economies in South America, about half of whose exports are natural resources, are likely to suffer a protracted slump, the IMF said.Venezuela's economy is expected to buckle by a whopping 10 per cent even as it copes with widespread shortages and the world's highest inflation, around 200 per cent, the IMF said. IMF Managing Director Christine Lagarde said Tuesday that she "hopes and prays" for Venezuela to regain its footing, but said the fund's outlook is hampered by the lack of information from authorities, who haven't published price or growth data since last year.Distortive policies such as heavy foreign exchange controls and unsustainable printing of money to fund government spending are also fueling double-digit inflation and depressing economic activity in Argentina, the fund said. The IMF forecasts South America's second-largest economy is forecast to grow just 0.4 per cent this year and contract by 0.7 per cent in 2016.Brazil, the region's largest economy, is projected to decline by 3 per cent, depressed by a corruption scandal that has weakened investor confidence and paralyzed reforms needed to curtail years of runaway spending and tame inflation running at nearly 10 per cent.Amid the gloomier outlook, dollarized Panama is expected to be the region's strongest performer, projected to grow by 6 per cent as a multi-billion dollar expansion of the country's canal is completed.But even the region's most-open economies and strongest performers in recent years, such as Colombia and Chile, need to undertake long-term reforms to unlock productivity and withstand a prolonged slump in commodities prices, the IMF said.--Follow Goodman on Twitter: https://twitter.com/apjoshgoodman
Stop TTIP' activists hand EU 3mn signatures By Eszter Zalan-OCT 7,15-EUOBSERVER
BRUSSELS, Today, 16:39-Activists opposing the EU’s free trade agreements with the US and Canada symbolically handed over more than 3 million signatures to European Commission officials on Wednesday (7 October), in support of an initiative to stop negotiations.Organisers of the 'Stop TTIP' campaign said that with the help of 500 organisations, they had collected 3,263,920 signatures from 23 member states in the space of a year, three times more than the official benchmark and surpassing the seven-country quorum for a European Citizen’s Initiative (ECI) to be launched. They say it is the largest number of signatures collected by an ECI so far.However, their voices have so far fallen on deaf ears.In theory, since 2012, ECIs enable citizens to call on the Commission to legislate on any issues, where the EU executive has the power to propose new rules. So far, only 4 out of the 28 registered ECIs have reached the one million signature benchmark.One year ago, the Commission refused to register the 'Stop TTIP' initiative, arguing that the Council decision authorising the opening of negotiations with the US is not “a legal act of the Union”, and is therefore exempt from the initiative.The ratification of the agreement with Canada, where the initiative is inviting the Commission not to propose a legal act, also falls outside the scope of the possible issues that can be addressed by ECI.“It is a legal matter, not a political assessment that was carried out,” Commission spokesperson Alexander Winterstein said on Wednesday.He added: "What's not possible, is to ask the Commission to not do something, or not to negotiate, simply not covered by the regulation."Michael Efler, a member of the 'Stop TTIP' citizens’ committee, said on Wednesday: “We demand at least a European Parliamentary hearing.”“TTIP and CETA (the free trade agreement with Canada) both constitute a threat to democracy as foreign investors will have open access to courts,” Efler said, referring to the controversial investor-state dispute settlement mechanism (ISDS), that would allow companies to take national governments before private courts to iron out disagreements.Efler said changes proposed by the Commission to the ISDS system in September don’t go far enough.“It will not solve the problem, still only investors can sue the state, and only the state can be sued,” he said.Elfer added that 'Stop TTIP' challenged the Commission’s decision to reject the initiative in the European Court of Justice, but does not expect a ruling until 2016.“This is a question of democracy, it is ridiculous that you can’t have citizens' voices heard on international treaties, it’s ridiculous,” he said.Activists on Wednesday morning mounted thousands of signatures on a scale to symbolically outweigh political influence by companies on Schuman Square in the heart of Brussels' EU quarter.An activist wearing a mask of Commission President Jean-Claude Juncker held up a sign saying: “There’s no democratic choice against EU treaties”.Later on they marched to the Commission’s nearby Berlaymont building chanting: “Stop TTIP!”An official from Commission Vice- President Frans Timmermans’ cabinet formally received the signatures, but did not promise a review of the petition.The ECI mechanism is already under review in all EU institutions. The European Parliament's constitutional affairs committee recently adopted a report calling for a more effective and easier way to use the system to be set up by the Commission.
The election that could kill TPP trade deal: No, not the Canadian one-The Canadian PressBy Alexander Panetta, The Canadian Press | The Canadian Press – OCT 7,15-YAHOONEWS
ATLANTA - There was plenty of chatter at international free-trade talks about the election that could kill the new Trans-Pacific Partnership deal.No, not Canada's.From the protesters outside, to the lobbyists indoors, the gaze at this convention site was cast a little farther ahead to the 2016 United States election.Political forces from the left and right are squeezing in on those fateful few swing votes in the U.S. Congress. In the Senate, about 10 votes separate the deal from failure.In a few months, those members could decide whether TPP becomes the biggest trade zone in history, or a soon-forgotten, self-congratulatory press release.A little blue car parked outside the convention site hinted at the opposition ahead.It was covered in presidential campaign signs for Bernie Sanders, who's doing the squeezing from the left. A passenger held up a printed cutout of the surprisingly competitive socialist senator who's upended the Democratic race, pushing Hillary Clinton to take a stand against the Keystone pipeline, and is now urging her to oppose TPP."TPP will have a very difficult road ahead," said Melinda St. Louis, who helped organize a sidewalk protest when the Sanders-mobile pulled up to the curb and joined in.Nearby, cancer patient Zahara Heckscher held up an IV bag and said longer patent-type protections could make the cutting-edge medicines she uses unaffordable in poorer countries.St. Louis said there's already talk of primaries to oust congressional Democrats who supported the recent fast-track vote to facilitate trade deals, and they're nervous: "None of them want to take . . . a difficult vote (next year)."Inside the hotel, pressure mounted from the other side.The chamber-of-commerce types fretted about Republicans. A letter floated around, signed by GOP establishment figures who urged a pause in the talks. They feared American pharmaceutical companies wouldn't get a good- enough deal.Orrin Hatch and Paul Ryan demanded 12 years of patent-style protection on hyper-expensive, cell-based biologics. Negotiators settled at a compromise between five and eight. Hatch, who received about $834,000 in campaign donations from the pharmaceutical-and-health industry in the last election cycle, later issued a statement: "I am afraid this deal appears to fall woefully short."And then there's the candidate who defies political categorization.Donald Trump isn't heavily funded by industry; he's hated by the establishment; he's certainly not left-wing. But he's the Republican front-runner. And he apparently hates this deal as much as other ones. He tweeted Monday: "The incompetence of our current administration is beyond comprehension. TPP is a terrible deal."A trade expert who helped start the TPP process is watching closely. Timothy Keeler was chief of staff at the White House agency, USTR, that opened the initial discussions with original TPP countries in late 2008.He expects it to pass. But he's no longer so sure."If you'd asked me six months ago, I'd have said it's very likely," said Keeler, a partner at Mayer Brown."I think with the rise of Donald Trump, and Bernie Sanders, and the resignation of Speaker John Boehner, that's certainly lowered the chances. I still think this Congress will approve it . . . I can see it happening eight, nine months from now. And I can see it happening in a lame-duck session (after the presidential election)."What are the telltale signs — the swing votes to watch and see where TPP's headed? Keeler offers two answers.There's the simple one: "Let's see how long Donald Trump stays in the lead — that's something to keep an eye on."Then there's the more detailed picture.He said the Obama administration needs to persuade key members — Democrats Ron Johnson of Wisconsin and Ron Wyden of Oregon. Republicans to watch, he said, are Hatch, Ryan and Senate leader Mitch McConnell who represents tobacco-growing Kentucky. Tobacco got smoked in the deal.Having been sued over cigarette-packages, Australia forced the U.S. to exempt tobacco from the right of companies to challenge laws in special courts.In the other chamber, McConnell's counterpart is quitting. It was actually a dispute over trade that started the domino-effect that toppled John Boehner from the leadership.The chamber leader stripped members of caucus positions after they voted against him on trade fast-track. They joined a rebellion, and forced Boehner out.A Canadian opponent of the deal says the U.S. will be key. Martin O'Hanlon was there at the Atlanta protest, as the head of a union involved in the fight."The biggest fight in the world right now with regard to TPP is in Washington," said O'Hanlon, a former editor for The Canadian Press who's left to head the national branch of Communication Workers of America."You've got all these things coming together. It could be a perfect storm for Obama and the TPP."He predicted it would stall in Congress. And without approval in all 12 countries, the deal dies.
OTHER STORIES
http://israndjer.blogspot.ca/2015/08/is-america-counting-on-tower-of-babel.html
http://israndjer.blogspot.ca/2015/08/will-there-be-microchip-implant-that.html
IRAN-SAUDI-ARABIA PROPHECY AND WW3
http://israndjer.blogspot.ca/2015/09/jewish-rabbi-predicts-saudi-arabiairan.html
STOCK MARKET NEWS
http://israndjer.blogspot.ca/2015/10/the-dow-was-up-14-points-yesterday.html
http://israndjer.blogspot.ca/2015/10/12-countries-40-of-world-trade-deal.html
http://israndjer.blogspot.ca/2015/10/islamic-state-wants-to-defeat-romethen.html
http://israndjer.blogspot.ca/2015/10/the-dow-was-up-200-points-fridaya-new.html
http://israndjer.blogspot.ca/2015/10/the-dow-was-down-13-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/what-will-happen-from-rosh-hashana-on.html
http://israndjer.blogspot.ca/2015/10/day-7-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/10/day-6-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/10/day-5-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/day-4-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/we-have-got-big-banks-and-big-oil.html
http://israndjer.blogspot.ca/2015/09/day-3-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/day-2-of-general-assembly-debates-at.html
http://israndjer.blogspot.ca/2015/09/day-1-of-general-assembly-dates-at.html
http://israndjer.blogspot.ca/2015/09/dow-was-droppin-331-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/the-dow-was-up-113-points-friday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-79-points-yesterday3-day.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-51-points-yesterday-no.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-180-points-yesterdayday-2.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-126-points-yesterdaytoday.html
http://israndjer.blogspot.ca/2015/09/dow-was-down-289-points-friday-see-how.html
http://israndjer.blogspot.ca/2015/09/after-fed-says-zero-interest-rate-dow.html
http://israndjer.blogspot.ca/2015/09/dow-was-up-140-points-yesterday.html
http://israndjer.blogspot.ca/2015/09/stocks-in-america-up-228-points.html
http://israndjer.blogspot.ca/2015/09/no-shemitah-day-1-stock-crash-stocks.html
http://israndjer.blogspot.ca/2015/09/the-shemitahs-here-how-will-world.html
HOARDING OF GOLD AND SILVER
JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.
REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.(IN 1 HR THE STOCK MARKETS WORLDWIDE WILL CRASH)
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.
EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.
LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.
REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.
REVELATION 6:5-6
5 And when he had opened the third seal, I heard the third beast say, Come and see. And I beheld, and lo a black horse; and he that sat on him had a pair of balances in his hand.
6 And I heard a voice in the midst of the four beasts say, A measure of wheat for a penny, and three measures of barley for a penny; and see thou hurt not the oil and the wine.(A DAYS WAGES FOR A LOAF OF BREAD)
DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.
The Shemitah is coming true.Do people not get it? There is a economic crash every 7 years.
1980: Recession
1987: Stock market crash
1994: Bond market crash
2001: 9/11, dot com, recession
2008: Housing crash
2015: See if something will happen-The central banks will be the death of us. Get ready and embrace yourself for the economic collapse.
BANK RELATED INFORMATION
http://israndjer.blogspot.ca/2015/09/bank-related-links.html
CURRENCIES
http://www.bloomberg.com/markets/currencies
COMMODITIES
http://www.bloomberg.com/markets/commodities
UPDATE-OCTOBER 08,2015-12:00AM
DOW MARKET THURSDAY-OCT 08,2015
09:30AM-36.92-
10:00AM-21.01-
10:30AM-26.29-
11:00AM-17.27-
11:30AM-14.92
12:00PM-17.60
12:30PM-12.89
01:00PM-12.73-
01:30PM-11.78
02:00PM-27.96
02:30PM-64.66
03:00PM-118.08
03:30PM-133.05
04:00PM-138.46+ 17,050.75
HIGH +157 LOW -50
TSX +110.31 13,978.66 - GOLD -$8.60 $1,140.00 - OIL +$1.85 $49.66
Dow ends higher for fifth straight session after Fed minutes-market watch-Published: Oct 8, 2015 4:06 p.m. ET-By Anora Mahmudova-Reporter
The Dow Jones Industrial Average closed with gains for a fifth consecutive session, its longest winning streak this year. Broader markets climbed after the minutes from the Federal Reserve's latest policy meeting revealed that policy makers decided to hold off on a rate hike as many thought downside risk increased. The Dow Jones Industrial Average jumped 138.46 points, or 0.8%, to 17,050.75, closing above 17,000 for the first time since August. The S&P 500 SPX, +0.88% added 17.60 points, or 0.9%, to 2,013.43, closing above its 50-day moving average. The Nasdaq Composite COMP, +0.41% ended the day up 19.64 points, or 0.4%, at 4,810.79.
IMF: Up to $3 trillion in over-borrowing in emerging markets-Associated Press-OCT 7,15- YAHOONEWS
LIMA, Peru (AP) — The International Monetary Fund says the biggest risks to the global economy are now in emerging markets, where private companies have racked up considerable debt amid a fifth straight year of slowing growth.Top bank official Jose Vinals says the Fund estimates "that there is up to $3 trillion in over-borrowing in emerging markets."Vinals presented the IMF's Global Financial Stability report on Wednesday at its annual meeting, being held in Peru.He says an unprecedented lending spree has come to an end with the plunge in prices for oil, minerals and other commodities that economists attribute to China's slowdown.The risk is that shocks from bankruptcies in the developing world's private sector could be amplified in global financial markets.
IMF sees commodities shock plunging Latin America into recession-The Canadian PressBy Joshua Goodman, The Associated Press | The Canadian Press – OCT 7,15-yahoonews
LIMA, Peru - Latin America's economy is expected to enter recession this year for the first time since the end of the global financial crisis as China's slowdown drives lower demand for the region's commodities, threatening to undo recent progress in reducing poverty, the International Monetary Fund said Wednesday. The Washington-based lender, in a report released its annual meetings being held in Peru, said that the rate of economic growth in Latin America and the Caribbean was set to decline for the fifth consecutive year before rebounding in 2016.Pulled down by a deep recession in Brazil and Venezuela, two of South America's largest economies, and by a smaller contraction in oil-dependent Ecuador, the economies of Latin America and the Caribbean are expected to shrink by 0.3 per cent this year.While a stronger U.S. economy and lower commodity prices should help manufacturers in Mexico, Central America and the oil-importing countries of the Caribbean, the biggest economies in South America, about half of whose exports are natural resources, are likely to suffer a protracted slump, the IMF said.Venezuela's economy is expected to buckle by a whopping 10 per cent even as it copes with widespread shortages and the world's highest inflation, around 200 per cent, the IMF said. IMF Managing Director Christine Lagarde said Tuesday that she "hopes and prays" for Venezuela to regain its footing, but said the fund's outlook is hampered by the lack of information from authorities, who haven't published price or growth data since last year.Distortive policies such as heavy foreign exchange controls and unsustainable printing of money to fund government spending are also fueling double-digit inflation and depressing economic activity in Argentina, the fund said. The IMF forecasts South America's second-largest economy is forecast to grow just 0.4 per cent this year and contract by 0.7 per cent in 2016.Brazil, the region's largest economy, is projected to decline by 3 per cent, depressed by a corruption scandal that has weakened investor confidence and paralyzed reforms needed to curtail years of runaway spending and tame inflation running at nearly 10 per cent.Amid the gloomier outlook, dollarized Panama is expected to be the region's strongest performer, projected to grow by 6 per cent as a multi-billion dollar expansion of the country's canal is completed.But even the region's most-open economies and strongest performers in recent years, such as Colombia and Chile, need to undertake long-term reforms to unlock productivity and withstand a prolonged slump in commodities prices, the IMF said.--Follow Goodman on Twitter: https://twitter.com/apjoshgoodman
Stop TTIP' activists hand EU 3mn signatures By Eszter Zalan-OCT 7,15-EUOBSERVER
BRUSSELS, Today, 16:39-Activists opposing the EU’s free trade agreements with the US and Canada symbolically handed over more than 3 million signatures to European Commission officials on Wednesday (7 October), in support of an initiative to stop negotiations.Organisers of the 'Stop TTIP' campaign said that with the help of 500 organisations, they had collected 3,263,920 signatures from 23 member states in the space of a year, three times more than the official benchmark and surpassing the seven-country quorum for a European Citizen’s Initiative (ECI) to be launched. They say it is the largest number of signatures collected by an ECI so far.However, their voices have so far fallen on deaf ears.In theory, since 2012, ECIs enable citizens to call on the Commission to legislate on any issues, where the EU executive has the power to propose new rules. So far, only 4 out of the 28 registered ECIs have reached the one million signature benchmark.One year ago, the Commission refused to register the 'Stop TTIP' initiative, arguing that the Council decision authorising the opening of negotiations with the US is not “a legal act of the Union”, and is therefore exempt from the initiative.The ratification of the agreement with Canada, where the initiative is inviting the Commission not to propose a legal act, also falls outside the scope of the possible issues that can be addressed by ECI.“It is a legal matter, not a political assessment that was carried out,” Commission spokesperson Alexander Winterstein said on Wednesday.He added: "What's not possible, is to ask the Commission to not do something, or not to negotiate, simply not covered by the regulation."Michael Efler, a member of the 'Stop TTIP' citizens’ committee, said on Wednesday: “We demand at least a European Parliamentary hearing.”“TTIP and CETA (the free trade agreement with Canada) both constitute a threat to democracy as foreign investors will have open access to courts,” Efler said, referring to the controversial investor-state dispute settlement mechanism (ISDS), that would allow companies to take national governments before private courts to iron out disagreements.Efler said changes proposed by the Commission to the ISDS system in September don’t go far enough.“It will not solve the problem, still only investors can sue the state, and only the state can be sued,” he said.Elfer added that 'Stop TTIP' challenged the Commission’s decision to reject the initiative in the European Court of Justice, but does not expect a ruling until 2016.“This is a question of democracy, it is ridiculous that you can’t have citizens' voices heard on international treaties, it’s ridiculous,” he said.Activists on Wednesday morning mounted thousands of signatures on a scale to symbolically outweigh political influence by companies on Schuman Square in the heart of Brussels' EU quarter.An activist wearing a mask of Commission President Jean-Claude Juncker held up a sign saying: “There’s no democratic choice against EU treaties”.Later on they marched to the Commission’s nearby Berlaymont building chanting: “Stop TTIP!”An official from Commission Vice- President Frans Timmermans’ cabinet formally received the signatures, but did not promise a review of the petition.The ECI mechanism is already under review in all EU institutions. The European Parliament's constitutional affairs committee recently adopted a report calling for a more effective and easier way to use the system to be set up by the Commission.
The election that could kill TPP trade deal: No, not the Canadian one-The Canadian PressBy Alexander Panetta, The Canadian Press | The Canadian Press – OCT 7,15-YAHOONEWS
ATLANTA - There was plenty of chatter at international free-trade talks about the election that could kill the new Trans-Pacific Partnership deal.No, not Canada's.From the protesters outside, to the lobbyists indoors, the gaze at this convention site was cast a little farther ahead to the 2016 United States election.Political forces from the left and right are squeezing in on those fateful few swing votes in the U.S. Congress. In the Senate, about 10 votes separate the deal from failure.In a few months, those members could decide whether TPP becomes the biggest trade zone in history, or a soon-forgotten, self-congratulatory press release.A little blue car parked outside the convention site hinted at the opposition ahead.It was covered in presidential campaign signs for Bernie Sanders, who's doing the squeezing from the left. A passenger held up a printed cutout of the surprisingly competitive socialist senator who's upended the Democratic race, pushing Hillary Clinton to take a stand against the Keystone pipeline, and is now urging her to oppose TPP."TPP will have a very difficult road ahead," said Melinda St. Louis, who helped organize a sidewalk protest when the Sanders-mobile pulled up to the curb and joined in.Nearby, cancer patient Zahara Heckscher held up an IV bag and said longer patent-type protections could make the cutting-edge medicines she uses unaffordable in poorer countries.St. Louis said there's already talk of primaries to oust congressional Democrats who supported the recent fast-track vote to facilitate trade deals, and they're nervous: "None of them want to take . . . a difficult vote (next year)."Inside the hotel, pressure mounted from the other side.The chamber-of-commerce types fretted about Republicans. A letter floated around, signed by GOP establishment figures who urged a pause in the talks. They feared American pharmaceutical companies wouldn't get a good- enough deal.Orrin Hatch and Paul Ryan demanded 12 years of patent-style protection on hyper-expensive, cell-based biologics. Negotiators settled at a compromise between five and eight. Hatch, who received about $834,000 in campaign donations from the pharmaceutical-and-health industry in the last election cycle, later issued a statement: "I am afraid this deal appears to fall woefully short."And then there's the candidate who defies political categorization.Donald Trump isn't heavily funded by industry; he's hated by the establishment; he's certainly not left-wing. But he's the Republican front-runner. And he apparently hates this deal as much as other ones. He tweeted Monday: "The incompetence of our current administration is beyond comprehension. TPP is a terrible deal."A trade expert who helped start the TPP process is watching closely. Timothy Keeler was chief of staff at the White House agency, USTR, that opened the initial discussions with original TPP countries in late 2008.He expects it to pass. But he's no longer so sure."If you'd asked me six months ago, I'd have said it's very likely," said Keeler, a partner at Mayer Brown."I think with the rise of Donald Trump, and Bernie Sanders, and the resignation of Speaker John Boehner, that's certainly lowered the chances. I still think this Congress will approve it . . . I can see it happening eight, nine months from now. And I can see it happening in a lame-duck session (after the presidential election)."What are the telltale signs — the swing votes to watch and see where TPP's headed? Keeler offers two answers.There's the simple one: "Let's see how long Donald Trump stays in the lead — that's something to keep an eye on."Then there's the more detailed picture.He said the Obama administration needs to persuade key members — Democrats Ron Johnson of Wisconsin and Ron Wyden of Oregon. Republicans to watch, he said, are Hatch, Ryan and Senate leader Mitch McConnell who represents tobacco-growing Kentucky. Tobacco got smoked in the deal.Having been sued over cigarette-packages, Australia forced the U.S. to exempt tobacco from the right of companies to challenge laws in special courts.In the other chamber, McConnell's counterpart is quitting. It was actually a dispute over trade that started the domino-effect that toppled John Boehner from the leadership.The chamber leader stripped members of caucus positions after they voted against him on trade fast-track. They joined a rebellion, and forced Boehner out.A Canadian opponent of the deal says the U.S. will be key. Martin O'Hanlon was there at the Atlanta protest, as the head of a union involved in the fight."The biggest fight in the world right now with regard to TPP is in Washington," said O'Hanlon, a former editor for The Canadian Press who's left to head the national branch of Communication Workers of America."You've got all these things coming together. It could be a perfect storm for Obama and the TPP."He predicted it would stall in Congress. And without approval in all 12 countries, the deal dies.
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