EVENTS IN TIME (BIBLE PROPHECY LITERALLY FULFILLED)(BY GOD)

I WRITE NEWS ABOUT AND PUT NEWS ARTICLES ABOUT ISRAEL AND JERUSALEM PERTAINING TO BIBLE PROPHESY HAPPENINGS.JOEL 3:20 But Judah (ISRAEL) shall dwell for ever, and Jerusalem from generation to generation.(THATS ISRAEL-JERUSALEM WILL NEVER BE DESTROYED AGAIN)-WE CHRISTIANS ARE ALL WAITING PATIENTLY FOR THE PRE-TRIBULATION RAPTURE TO OCCUR.SO WE CAN GO TO JESUS AND GET OUR NEVER DYING BODIES.SO WE CAN RULE OVER CITIES OURSELVES.WHILE JESUS RULES FROM DAVIDS THRONE FOREVER IN JERUSALEM.

Wednesday, July 08, 2015

THERE NOW SAYING BILL COSBYS DRUGGING AND RAPING 49+ WOMEN IS A MENTAL DISEASE.

THE CHINESE STOCK MARKET FALLS 35% IN 3 WEEKS AND STILL FALLING.WHY THE COLLAPSE.

ECB TIGHTENS NOOSE ON GREEK BANKS.

JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER. 1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)

HOARDING OF GOLD AND SILVER

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.

REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.

China Rallies Around Yuan as IMF Mulls Reserve-Currency Inclusion-The release of a report on renminbi internationalization comes as members of the IMF are on a visit to China-By Lingling Wei-Updated June 15, 2015 1:33 p.m. ET

BEIJING—China’s central bank is preparing to take new steps to lift the global profile of the yuan as the International Monetary Fund reviews whether to grant it elite status as a reserve currency.In a report issued late last week, the People’s Bank of China detailed moves it will take to encourage the IMF to take that step, putting the currency on a par with the dollar, euro, yen and pound sterling. Reserve status could potentially encourage other central banks to increase their holdings of the currency.To win approval from the IMF, Beijing must make the case that the yuan can easily be used in international markets. Potential steps listed in the report include opening the door wider for foreign central banks and other institutional investors to invest in China’s bond market.Although it didn’t specify a timetable, the People’s Bank of China also will give foreign entities greater freedom to sell yuan-denominated debt in China, and offer domestic companies more scope to issue such bonds overseas. Further, it will ease limits on Chinese individuals and companies investing in foreign assets.The report on internationalization of the yuan—also known as the renminbi, or people’s currency—comes as a team from the IMF visits China this week to help assess whether to declare the yuan an official reserve currency. On Monday and Tuesday, the IMF team was scheduled to hold technical discussions in Shanghai with officials at the Chinese central bank and China Foreign Exchange Trading System, which oversees currency trading in China, according to people with knowledge of the matter.The meetings are part of the technical underpinnings of an IMF review of the basket of currencies that makes up its Special Drawing Rights, or SDRs, the people said. SDRs are emergency-lending funds that member countries can draw on in times of crisis.A final decision will be made at the end of this year, the people said.Beijing’s push comes as it seeks to wield more influence over the global economy. Chinese officials hope that over time, reserve-currency status would increase demand for the yuan among central banks as Beijing challenges the U.S.’s political and economic dominance around the world.“The SDR entry would give China a greater say in the international monetary system,” a Chinese central-bank official said on Monday. “No question. We’re making real efforts to make it happen.”Efforts to win reserve-country status could also help accelerate the liberalization of China’s heavily regulated financial markets. PBOC Gov. Zhou Xiaochuan has said China will free up interest rates and the flow of capital across the border by the end of the year.Gaining reserve-currency status for the yuan isn’t likely to affect how countries manage their foreign-exchange holdings right away, but “it potentially paves the way towards renminbi internationalization by encouraging institutional investors to catch up in this underinvested currency,” said Helen Qiao, an analyst at Morgan Stanley.In its report, China’s central bank estimated that at the end of April, foreign central banks held approximately 666.7 billion yuan ($107.41 billion) in their foreign-exchange reserves. It was the first time the PBOC has disclosed such data.The central bank didn’t detail how many yuan individual countries are holding, but the totals are rising. Over the past year, countries including the U.K. and Australia have begun adding the currency to their official reserves, though the yuan still represents only a sliver of the total.According to IMF data, the world’s central banks had allocated more than $6 trillion of foreign-exchange reserves at the end of last year. More than 60% was in U.S. dollars, followed by 23% in euros, 4% in the yen and 3.9% in the pound sterling. China’s estimates rank the amount of yuan assets in global central-bank reserves right behind those of Canadian and Australian dollars.No question. We’re making real efforts to make it happen.—An official from the People’s Bank of China -Senior IMF officials, including managing director Christine Lagarde, have indicated that the organization shares Beijing’s interest in giving the yuan reserve-currency status. The issue, officials have indicated, is when the currency will be added.To be awarded reserve-currency status, the yuan must be “freely usable,” a term the agency has wide freedom to interpret. China’s efforts in recent years to foster greater international use of the yuan could help it to satisfy the IMF.Nearly 25% of China’s trade was conducted in yuan last year, official data show, up from 0.02% in 2009.So far, China has won support from some IMF member countries, including Germany and Australia. U.S. officials, though, have signaled that the Obama administration won’t back China unless Beijing takes more measures to revamp and open its economy.Beijing’s growing economic clout has added to tensions between China and the U.S. The White House suffered a diplomatic bruising earlier this year, when many U.S. allies rejected lobbying by the administration against a new Beijing -led infrastructure bank. They instead became founding members of the Asian Infrastructure Investment Bank, or AIIB, which has been seen as a potential rival to the U.S.-led World Bank.“It’s critical that the U.S. avoid another AIIB-like moment where it opposes a new Chinese initiative that is widely embraced by others and leaves the U.S. defeated and isolated,” said Scott Kennedy, a China analyst at the Center for Strategic and International Studies, a Washington-based think tank.In recent months, China has accelerated the overhaul by putting in place a long-awaited deposit insurance system and moving closer to freeing up interest rates, a step seen as critical to further changes. In addition, it has given foreign investors greater access to Chinese securities and made it easier for Chinese to invest abroad. Beijing is putting the final touches on a trial program to give Chinese residents and companies expanded, direct access to stocks, bonds and real estate in foreign markets.“China is not far from realizing its goal of capital-account liberalization,” the PBOC said in its report, referring to free cross-border flows of funds for financial transactions.Write to Lingling Wei at lingling.wei@wsj.com

Commission has detailed Grexit scenario prepared, says Juncker-JULY 7,15-By EUOBSERVER

Today, 23:09-The European Commission has "a detailed Grexit scenario prepared", its president Jean-Claude Juncker said following a euro summit in Brussels on Tuesday. Plans for emergency humanitarian assistance are also in the making, he said.

Greek finance minister sees 'political will', says report-JULY 7,15-By EUOBSERVER

Today, 21:00-Greece's newly appointed finance minister Tsakalotos according to press agency AFP said there is "political will" among other eurozone countries to "give Greece a new chance". Eurozone leaders are meeting Tuesday evening to discuss the future of Greece in the euro area.

Eurogroup to study new Greek bailout request-JULY 7,15-By EUOBSERVER

Today, 19:40-The Greek government will submit a new request for financial assistance from the European Stability Mechanism (ESM), probably on 8 July, a Eurogroup statement said. Depending on an assessement by the European Commission, the ECB and the IMF, the Eurogroup will decide on whether to open new negotiations.

Belgian PM: Tsipras is doing nothing to stay in eurozone-JULY 7,15-By EUOBSERVER

Today, 18:24-Belgian PM Michel Tuesday said he has “more and more difficulty to understand the logic of [Greek PM] Tsipras. On the one hand he says 'we want to stay in the eurozone'. On the other hand, he's not taking any initiative, zero, nothing, to stay in the eurozone.”

Greece should present 'credible proposal tonight', says Finnish PM-JULY 7,15-By EUOBSERVER

Today, 18:23-“We are waiting for [a] credible proposal from Greece tonight. And it has to come tonight,” Finnish prime minister Juha Sipila told journalists on Tuesday, ahead of a special eurozone summit about the Greek debt crisis. Sipila added he is “quite pessimistic about the situation”, echoing his Dutch colleague Rutte.

Hollande: Greek proposals must be completed quickly-JULY 7,15-By EUOBSERVER

Today, 18:22-France's Francois Hollande said that Greek proposals have been "formulated" at the Eurogroup earlier today and that they need to be "confirmed, completed and detailed" as soon as possible after today's euro summit. Decisions on short-term and mid-term measures "have to be taken this week," he said

Merkel: 'It is a matter of days, not weeks'-JULY 7,15-By EUOBSERVER

Today, 18:20-German chancellor Merkel, before meeting with eurozone leaders, said she did not expect a solution to the Greek crisis Tuesday evening. "However, it is no longer a matter of weeks, it is a matter of days, and we will hear today what the Greek prime minister has to say."

Questions raised on Tsipras' true euro intentions-By Eric Maurice-july 7,15-euobserver

ATHENS, Today, 18:48-Greece presented no new reform proposals Tuesday raising questions on whether prime minister Alexis Tsipras really wants a bailout agreement.He was expected to submit new reform ideas to eurozone leaders, who called the emergency meeting to unlock bailout talks and prevent a Greek euro exit.But finance minister Euclid Tsakalotos arrived empty-handed at the Eurogroup meeting earlier in the afternoon and indicated the new proposal would be submitted only Wednesday.With the delay coming despite the worsening economic conditions in Greece and despite the weight of expectation from his euro partners, the main question in Athens and other EU capitals is: What does Tsipras want and what can he deliver? During the referendum campaign last week, he said he intended to get a deal 48 hours after the vote and keep Greece in the euro.On Tuesday, he received the backing of the four main Greek parties, in addition to his own Syriza-led coalition.The four backers are the Greek Independents (nationalists), New Democracy (conservative), Pasok (socialist), and To Potami (centrist).He now enjoys more power and popularity than any leader since the start of the crisis in 2009."He has full support," Greek journalist and economic analyst Thanasis Koukakis told EUobserver."MPs will vote for any deal he might bring back from Brussels. The other parties will back him even if he agrees to very strict measures”.But Koukakis added: “I’m not quite sure he wants a deal with Europe”.With capital controls, and public and private sectors short of liquidity, "we have [already] gone more than halfway to a Grexit”, he said.The situation has stirred debate within the Syriza party.Alexis Mitropoulos, a Syriza MP and parliament deputy speaker, said on Greek TV on Tuesday that "Greek society [is] not prepared for a rift with the creditors and for a Grexit”.But Costas Lapavitsas, another Syriza MP, told this website it would be "very difficult … to accept [austerity] measures" after the referendum.For Lapavitsas, who is also an economist, the question of parliamentary endorsement isn’t even relevant anymore."The referendum was a political earthquake that created a new logic”, he said. "Now it has to do with what the people want, and the people don't want austerity".Tsipras’ way out? "This contradictory situation will be resolved very soon," Lapavitsas, a Syriza left-winger and an advocate of euro exit, added."I expect Greece to come under enormous pressure and the Greek government to take unusual economic steps”."If you follow the logic of the situation, it goes a lot deeper than the negotiations. It is the structure of the monetary union itself that creates this situation”, he said.A few hours before he resigned on Sunday, finance minister Yanis Varoufakis also said that, if necessary, Greece would "issue parallel liquidity and California-style IOU's, in an electronic form”."We should have done it a week ago”, he added.Whether Tsipras will lean toward the Lapavitsas faction or towards MPs like Mitropoulos remains to be seen.He has led Syriza since 2008, but insiders say he doesn't have the personal qualities to impose his will on the party.Two models-In the end, his decision might boil down to choosing one of two economic models which inspire Syriza, said Koukakis, the economic analyst.The first model is the Latin American left, "which needs currency autonomy for its economic policies, like the use of devaluation”, Koukakis noted.The second model is the J curve of economic growth advocated by economists such as Nobel prize winner Paul Krugman and by John Galbraith, both of whom Varoufakis likes.According to the J curve model, a country can have a rapid growth "if the monetary policy is free, without constraint like a monetary union”, Koukakis said. Meanwhile, on the streets of Athens, people await developments in Brussels with a sense of fatalism."If there is no agreement, there will be no alternative than to leave the euro”, a man who voted No said."It will be very difficult, but we will have no choice”.

ECB tightens noose on Greek banks By Benjamin Fox-july 7,15-euobserver

BRUSSELS, Today, 09:45-The European Central Bank (ECB) tightened the noose on Greece’s banks on Monday (6 July), refusing to increase liquidity assistance.In a widely anticipated move, the ECB’s governing council rejected a request by the Greek government to increase emergency liquidity assistance (ELA) to its banking sector by a further €3 billion, leaving it frozen at €89 billion.It also increased its requirements for the assets which Greek banks must present in order to access the cash.Precise details on the ECB’s collateral requirements remain shrouded in secrecy, but increasing its discounts - known as “haircuts” - means banks must post higher-value collateral.The earlier decision by the ECB to freeze its ELA ceiling - which came one day after Greek PM Alexis Tsipras announced the referendum -intensified the country’s cash-flow crisis. Since then, Greece’s banks have not reopened for business and a €60 per day limit on cash withdrawals remains in place.“Until Wednesday evening we continue as things stand today”, Louka Katseli, chairwoman of the National Bank of Greece, said on Monday.The cash squeeze, combined with the dwindling amount of assets available to Greece’s banks, has prompted a number of market analysts to forecast the government will have to impose a levy on savers’ deposits.Cyprus is so far the only eurozone country to have imposed such a levy - on savings above €100,000 - as part of its 2013 bailout programme.In a statement, the ECB said that “the financial situation of the Hellenic Republic has an impact on Greek banks since the collateral they use in ELA relies to a significant extent on government-linked assets”.It added that funds would “only be provided against sufficient collateral”.A note by Barclays bank published on Monday estimates the ECB is currently imposing an average haircut of 48 percent on Greek banks, who, it adds, hold ELA-eligible collateral of about €28 billion.“Our sensitivity analysis of the impact of any increase in the haircuts to the spare eligible collateral shows that an increase in haircuts to about 60 percent would result in the reduction of the total spare eligible collateral to almost zero”, the British lender adds.In February, the ECB increased Greek banks’ reliance on ELA by preventing them from posting the government’s junk-rated bonds as collateral.The decision came after Tsipras halted implementation of reforms required under its EU bailout programme.According to the ECB’s rules, the ELA programme is available to banks which face a cash-flow crisis but which aren’t per se insolvent.The Greek government faces its next big repayment on 20 July, when it must redeem €3.5 billion of ECB bonds.Failure to meet this payment would almost certainly result in the ECB halting its ELA programme.Anxious to avoid accusations that it’s behaving politically, the ECB is unlikely to pull the plug on the Greek ELA programme until all hope of a new bailout deal is extinguished.The ECB’s balance sheet is currently exposed to an estimated €127 billion in Greece.

FALSE POPE FROM THE VATICAN

ISAIAH 23:15-17
15 And it shall come to pass in that day, that Tyre shall be forgotten seventy years, according to the days of one king: after the end of seventy years shall Tyre sing as an harlot.
16 Take an harp, go about the city, thou harlot that hast been forgotten; make sweet melody, sing many songs, that thou mayest be remembered.
17 And it shall come to pass after the end of seventy years, that the LORD will visit Tyre, and she shall turn to her hire, and shall commit fornication with all the kingdoms of the world upon the face of the earth.(COULD THIS BE 70 YEARS AFTER ISRAEL BECAME A NATION IN 1948)(IF SO THIS SATANIC ONE WORLD WHORE CHURCH WILL MINGLE TOGETHER BY 2018)(AND NOW ISLAM AND CHRISTIANITY AND ALL RELIGIONS ARE MINGLING AS ONE PEACE-LOVE-JOY-GET ALONG RELIGION LEAD BY THE VATICAN RIGHT NOW 4 YEARS FROM THE 70 YEAR TIME WHEN ISRAEL BECAME A NATION).AND IN CONTROL OF JERUSALEM.

REVELATION 13:11-13
11 And I beheld another beast coming up out of the earth;(FALSE VATICAN POPE) and he had two horns like a lamb,(JESUS IS THE LAMB OF GOD) and he spake as a dragon.(HES SATANICALLY INSPIRED,HES A CHRISTIAN DEFECTOR FROM THE FAITH)
12 And he (FALSE RELIGIOUS LEADER) exerciseth all the power of the first beast before him,(WORLD DICTATOR) and causeth the earth and them which dwell therein to worship the first beast, whose deadly wound was healed.(THE WORLD DICTATOR CREATES A FALSE RESURRECTION AND IS CROWNED LEADER OF THE NEW WORLD ORDER).
13 And he doeth great wonders, so that he maketh fire come down from heaven on the earth in the sight of men,

REVELATION 17:1-5,9,15-18
1 And there came one of the seven angels which had the seven vials, and talked with me, saying unto me, Come hither; I will shew unto thee the judgment of the great whore that sitteth upon many waters:
2 With whom the kings of the earth have committed fornication,(VATICAN IN POLITICS) and the inhabitants of the earth have been made drunk with the wine of her fornication.
3 So he carried me away in the spirit into the wilderness: and I saw a woman sit upon a scarlet coloured beast, full of names of blasphemy, having seven heads and ten horns.
4 And the woman (FALSE CHURCH) was arrayed in purple and scarlet colour,(VATICAN COLOURS)(ANOTHER REASON WE KNOW THE FALSE POPE COMES FROM THE VATICAN) and decked with gold and precious stones and pearls, having a golden cup in her hand full of abominations and filthiness of her fornication:
5 And upon her forehead was a name written, MYSTERY, BABYLON THE GREAT, THE MOTHER OF HARLOTS AND ABOMINATIONS OF THE EARTH.
9 And here is the mind which hath wisdom. The seven heads are seven mountains, on which the woman sitteth.(THE VATICAN IS BUILT ON 7 HILLS OR MOUNTAINS)
10 And there are seven kings: five are fallen,(1-ASSYRIA,2-EGYPT,3-BABYLON,4-MEDO-PERSIA,5-GREECE) and one is,(IN POWER IN JOHNS AND JESUS DAY-6-ROME) and the other is not yet come; and when he cometh, he must continue a short space.(7TH-REVIVED ROMAN EMPIRE OR THE EUROPEAN UNION TODAY AND THE SHORT SPACE IS-THE EUROPEAN UNION WILL HAVE WORLD CONTROL FOR THE LAST 3 1/2 YEARS.BUT WILL HAVE ITS MIGHTY WORLD POWER FOR THE FULL 7 YEARS OF THE 7 YEAR TRIBULATION PERIOD.AND THE WORLD DICTATOR WILL BE THE BEAST FROM THE EU.AND THE VATICAN POPE WILL BE THE WHORE THAT RIDES THE EUROPEAN UNION TO POWER.AND THE 2 EUROPEAN UNION POWER FREAKS WILL CONTROL AND DECIEVE THE WHOLE EARTH INTO THEIR DESTRUCTION.IF YOU ARE NOT SAVED BY THE BLOOD OF JESUS.YOU WILL BE DECIEVED BY THESE TWO.THE WORLD POLITICIAN-THE EUROPEAN UNION DICTATOR.AND THE FALSE PROPHET THAT DEFECTS CHRISTIANITY-THE FALSE VATICAN POPE.
15 And he saith unto me, The waters which thou sawest, where the whore sitteth, are peoples, and multitudes, and nations, and tongues.(VATICAN-CATHOLICS ALL AROUND THE WORLD OVER 1 BILLION)
16 And the ten horns which thou sawest upon the beast,(WORLD DICTATOR) these shall hate the whore, and shall make her desolate and naked, and shall eat her flesh, and burn her with fire.(BOMB OR NUKE THE VATICAN)
17 For God hath put in their hearts to fulfil his will, and to agree, and give their kingdom unto the beast, until the words of God shall be fulfilled.
18 And the woman which thou sawest is that great city,(VATICAN) which reigneth over the kings of the earth.

07/ 7/2015-vatican insider-The signs Francis is sending out to the Ecuadorian government and Church-Francis with President Correa-The Pope has expressed his support for Ecuador’s President Rafael Correa but he has also called for dialogue with the opposition. He has also asked bishops to beef up their efforts in the field of social justice and inclusion-ANDREA TORNIELLI

Quito-The first leg of Francis’ Latin American visit is about to come to an end as tomorrow the Pope leaves Ecuador and heads to Bolivia. In his homilies, speeches and interventions, Bergoglio has sent out some rather clear messages.The attention the Pope has shown towards the reform process set in motion by President Rafael Correa is obvious. Francis has clearly stated that the Church is prepared to co-operate and support efforts to help the poor, include the excluded and build a fairer society. And Ecuador still has a long way to go: significant progress has been made, the country is growing, but there is still a great deal that needs to be done. The bits of Francis’ speeches where he calls for dialogue - that is, workign together towards a better future – must not slip our attention. More dialogue is certainly needed in Ecuador, where 2% of families owns 90% of businesses and where Correa plans to introduce a form of “property tax” that has sparked strident reactions even from the middle class.But the nudge the Pope has been giving to the local Church, urging it not to be self-referential and closed, is not to be underestimated either. He also urged it to recognise the continent’s “debt” towards the poor and to support the social reform processes that are underway in Ecuador as in other Latin American countries, in order to show that – despite certain limits –other development models are possible. Inclusive models that make it possible for movements to participate from the bottom up.The Catholic hierarchy has sometimes been too acquiescent towards dictatorships or political and economic systems that exploit the poor in these countries. Too often, priests and bishops who have stood by the people and committed to bearing witness to the Gospel, have been branded “communists” and even their martyrdom has been regarded with suspicion (the case of the Salvadoran bishop Oscar Arnulfo Romero, whom Pope Francis has recognised as a martyr, is emblematic of this). Francis’ words are therefore an invitation to a new start inspired by the Gospel, that can give the Church the ability to accompany the positive processes currently underway, without fear.

07/ 2/2015-Episcopal Church approves religious weddings for gay couples amid controversy-Joy following Episcopalian vote in favour of religious weddings for same-sex couples-The US Episcopal Church announced that it has approved ceremonies for same-sex marriages, just days after the Supreme Court legalized the practice nationwide-VATICAN INSIDER STAFF

ROME-At their annual General Convention meeting in Salt Lake City, bishops of the Episcopal Church have authorized their clergy to perform same-sex weddings. The announcement comes shortly after the Supreme Court legalized the practice across the whole of the US.On Wednesday Episcopalians voted to allow religious weddings for gay couples. Not every priest, however, will necessarily officiate at a same-sex wedding as the resolution adopted - as a compromise, after different opinions were expressed on the subject - states that Episcopalian priests can refuse to celebrate such weddings. “The compromise means that same-sex weddings may occur after Nov. 1, 2015, with the full blessing of the church in places like Washington, Los Angeles and New York, but likely won’t take place in more conservative parts of the church, like Dallas, Albany and Orlando,” The Washington Post informs.The Anglican community that includes American Episcopalians was quick to react: the Archbishop of Canterbury Justin Welby released a statement expressing “deep concern” over the resolution, claiming that the decision taken by the US bishops “will cause distress for some and have ramifications for the Anglican Communion as a whole, as well as for its ecumenical and interfaith relationships”.

EARTHQUAKES

ISAIAH 42:15
15 I will make waste mountains and hills, and dry up all their herbs; and I will make the rivers islands, and I will dry up the pools.

MATTHEW 24:7-8
7 For nation shall rise against nation, and kingdom against kingdom: and there shall be famines, and pestilences, and earthquakes, in divers places.
8 All these are the beginning of sorrows.

MARK 13:8
8 For nation shall rise against nation, and kingdom against kingdom:(ETHNIC GROUP AGAINST ETHNIC GROUP) and there shall be earthquakes in divers places, and there shall be famines and troubles: these are the beginnings of sorrows.

LUKE 21:11
11 And great earthquakes shall be in divers places,(DIFFERNT PLACES AT THE SAME TIME) and famines, and pestilences; and fearful sights and great signs shall there be from heaven.

1 Day, Magnitude 2.5+ Worldwide
37 earthquakes - DownloadUpdated: 2015-07-07 21:04:34 UTCShowing event times using UTC37 earthquakes in map area

    5.8 281km SW of Vaini, Tonga 2015-07-07 20:03:13 UTC 119.8 km
    3.6 26km WNW of San Miguel Is., California 2015-07-07 18:46:27 UTC 18.8 km
    4.4 106km ENE of Ndoi Island, Fiji 2015-07-07 18:39:30 UTC 498.1 km
    2.5 64km WSW of Cantwell, Alaska 2015-07-07 18:33:14 UTC 119.1 km
    4.7 Central East Pacific Rise 2015-07-07 18:04:47 UTC 10.0 km
    2.7 13km NE of Edmond, Oklahoma 2015-07-07 17:09:52 UTC 5.8 km
    4.9 151km E of Kimbe, Papua New Guinea 2015-07-07 16:41:36 UTC 67.6 km
    5.0 Central East Pacific Rise 2015-07-07 16:08:03 UTC 10.0 km
    4.3 296km E of Socorro Island, Mexico 2015-07-07 15:47:05 UTC 10.0 km
    2.8 39km ENE of Road Town, British Virgin Islands 2015-07-07 15:28:33 UTC 59.0 km
    2.5 52km NNW of Charlotte Amalie, U.S. Virgin Islands 2015-07-07 15:24:50 UTC 62.0 km
    2.9 19km E of Waukomis, Oklahoma 2015-07-07 14:46:59 UTC 5.1 km
    4.6 51km NW of Finschhafen, Papua New Guinea 2015-07-07 14:30:07 UTC 65.2 km
    2.6 68km N of Culebra, Puerto Rico 2015-07-07 14:24:57 UTC 35.0 km
    2.6 69km N of Culebra, Puerto Rico 2015-07-07 14:23:39 UTC 42.0 km
    4.9 10km N of Kichera, Russia 2015-07-07 14:15:52 UTC 10.0 km
    2.8 21km ENE of Mooreland, Oklahoma 2015-07-07 13:43:17 UTC 5.0 km
    2.5 10km NNW of Yale, Oklahoma 2015-07-07 13:39:49 UTC 4.3 km
    4.7 22km ENE of Villa Presidente Frei, Nunoa, Santiago, Chile, Chile 2015-07-07
    4.6 South of the Fiji Islands 2015-07-07 11:13:40 UTC 507.5 km
    3.1 14km NE of Edmond, Oklahoma 2015-07-07 10:53:12 UTC 5.3 km
    2.5 74km W of Cantwell, Alaska 2015-07-07 10:51:23 UTC 0.2 km
    4.4 25km S of Kimbe, Papua New Guinea 2015-07-07 09:33:20 UTC 119.7 km
    3.0 4km SW of Rincon, Puerto Rico 2015-07-07 08:47:05 UTC 106.0 km
    5.2 125km S of Kokopo, Papua New Guinea 2015-07-07 07:53:16 UTC 48.7 km
    5.2 Central East Pacific Rise 2015-07-07 07:01:43 UTC 10.0 km
    5.6 East of the North Island of New Zealand 2015-07-07 05:35:10 UTC 10.0 km
    2.7 43km WNW of Talkeetna, Alaska 2015-07-07 05:10:30 UTC 53.3 km
    6.3 99km ENE of Shikotan, Russia 2015-07-07 05:10:27 UTC 38.1 km
    4.2 4km WSW of Nueva Concepcion, Guatemala 2015-07-07 04:55:22 UTC 54.5 km
    4.8 253km ENE of Dili, East Timor 2015-07-07 04:23:26 UTC 46.1 km
    3.0 87km NNW of Road Town, British Virgin Islands 2015-07-07 04:04:52 UTC 6.0 km
    4.7 98km ESE of Taron, Papua New Guinea 2015-07-07 00:43:11 UTC 99.2 km
    4.8 68km ENE of Tobelo, Indonesia 2015-07-07 00:14:57 UTC 35.4 km
    3.8 13km S of Boca de Yuma, Dominican Republic 2015-07-06 23:59:20 UTC 116.0 km
    4.5 5km ENE of Tuzi, Montenegro 2015-07-06 23:58:09 UTC 20.7 km
    4.5 80km SSW of Methoni, Greece 2015-07-06 21:34:05 UTC 42.6 km

Tuesday, July 07, 2015

COURT DOCUMENTS FROM 2005 REVEAL COSBY BOUGHT DRUGS TO RAPE AT LEAST ONE YOUNG WOMAN.

Confessed ... an excerpt from a 2005 deposition given by Bill Cosby. Picture: AP Source: AP

AFTER GREECES NO VOTE BY 61%.WHATS NEXT FOR GREECE.

JEWISH KING JESUS IS COMING AT THE RAPTURE FOR US IN THE CLOUDS-DON'T MISS IT FOR THE WORLD.THE BIBLE TAKEN LITERALLY- WHEN THE PLAIN SENSE MAKES GOOD SENSE-SEEK NO OTHER SENSE-LEST YOU END UP IN NONSENSE.GET SAVED NOW- CALL ON JESUS TODAY.THE ONLY SAVIOR OF THE WHOLE EARTH - NO OTHER. 1 COR 15:23-JESUS THE FIRST FRUITS-CHRISTIANS RAPTURED TO JESUS-FIRST FRUITS OF THE SPIRIT-23 But every man in his own order: Christ the firstfruits; afterward they that are Christ’s at his coming.ROMANS 8:23 And not only they, but ourselves also, which have the firstfruits of the Spirit, even we ourselves groan within ourselves, waiting for the adoption, to wit, the redemption of our body.(THE PRE-TRIB RAPTURE)

HOARDING OF GOLD AND SILVER

DOCTOR DOCTORIAN FROM ANGEL OF GOD
then the angel said, Financial crisis will come to Asia. I will shake the world.

JAMES 5:1-3
1 Go to now, ye rich men, weep and howl for your miseries that shall come upon you.
2 Your riches are corrupted, and your garments are motheaten.
3 Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

REVELATION 18:10,17,19
10 Standing afar off for the fear of her torment, saying, Alas, alas that great city Babylon, that mighty city! for in one hour is thy judgment come.
17 For in one hour so great riches is come to nought. And every shipmaster, and all the company in ships, and sailors, and as many as trade by sea, stood afar off,
19 And they cast dust on their heads, and cried, weeping and wailing, saying, Alas, alas that great city, wherein were made rich all that had ships in the sea by reason of her costliness! for in one hour is she made desolate.

EZEKIEL 7:19
19 They shall cast their silver in the streets, and their gold shall be removed:(CONFISCATED) their silver and their gold shall not be able to deliver them in the day of the wrath of the LORD: they shall not satisfy their souls, neither fill their bowels: because it is the stumblingblock of their iniquity.

LUKE 2:1-3
1 And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.
2 (And this taxing was first made when Cyrenius was governor of Syria.)
3 And all went to be taxed, every one into his own city.

REVELATION 13:16-18
16 And he(THE FALSE POPE WHO DEFECTED FROM THE CHRISTIAN FAITH) causeth all,(IN THE WORLD ) both small and great, rich and poor, free and bond, to receive a mark in their right hand, or in their foreheads:(MICROCHIP IMPLANT)
17 And that no man might buy or sell, save he that had the mark,(MICROCHIP IMPLANT) or the name of the beast,(WORLD DICTATORS NAME INGRAVED ON YOUR SKIN OR TATTOOED ON YOU OR IN THE MICROCHIP IMPLANT) or the number of his name.(THE NUMBERS OF HIS NAME INGRAVED IN THE MICROCHIP IMLPLANT)-(ALL THESE WILL TELL THE WORLD DICTATOR THAT YOUR WITH HIM AND AGAINST KING JESUS-GOD)
18 Here is wisdom. Let him that hath understanding count the number of the beast:(WORLD LEADER) for it is the number of a man; and his number is Six hundred threescore and six.(6-6-6) A NUMBER SYSTEM (6006006)OR(60020202006)(SOME KIND OF NUMBER IMPLANTED IN THE MICROCHIP THAT TELLS THE WORLD DICTATOR AND THE NEW WORLD ORDER THAT YOU GIVE YOUR TOTAL ALLIGIENCE TO HIM AND NOT JESUS)(ITS AN ETERNAL DECISION YOU MAKE)(YOU CHOOSE YOUR OWN DESTINY)(YOU TAKE THE DICTATORS NAME OR NUMBER UNDER YOUR SKIN,YOUR DOOMED TO THE LAKE OF FIRE AND TORMENTS FOREVER,NEVER ENDING MEANT ONLY FOR SATAN AND HIS ANGELS,NOT HUMAN BEINGS).OR YOU REFUSE THE MICROCHIP IMPLANT AND GO ON THE SIDE OF KING JESUS AND RULE FOREVER WITH HIM ON EARTH.YOU CHOOSE,ITS YOUR DECISION.

UPDATE-JULY 09,15-12:00AM

IMF 'ready to assist Greece-By EUOBSERVER-JULY 6,15
Today, 18:15-The IMF has taken note of yesterday’s referendum held in Greece. We are monitoring the situation closely and stand ready to assist Greece if requested to do so,” International Monetary Fund chief Christine Lagarde said in a statement ahead of the emergency Eurogroup and euro summit on Tuesday (7 July).

After 'no' vote, Greece tries to reopen bailout talks to get deal before banks collapse-The Canadian Press By Elena Becatoros, The Associated Press | The Canadian Press – july 6,15-yahoonews

ATHENS, Greece - Greece and its membership in Europe's joint currency faced an uncertain future Monday, with the country under pressure to restart bailout talks with creditors as soon as possible after Greeks resoundingly rejected the notion of more austerity in exchange for aid.With Greek banks running out of cash and facing the danger of collapse within days without new aid, the government in Athens is racing against the clock.In an effort to facilitate negotiations on a new aid program, Finance Minister Yanis Varoufakis, who had clashed with European officials in the bailout talks, announced his resignation Monday.But Greece and its creditors, who will meet again Tuesday to discuss how to keep the country in the euro, remain far apart on key issues, particularly the notion of debt relief.Prime Minister Alexis Tsipras and Chancellor Angela Merkel spoke on the phone Monday ahead of the Tuesday summit, though no details were disclosed of what they discussed.New negotiations will be complicated for the European creditors by Tsipras' triumph in Sunday's referendum. More than 61 per cent of Greeks backed his call to vote "no" to budget cuts the creditors had proposed in return for rescue loans the country needs — even though those proposals were no longer on the table.The vote was painted by opposition parties and many European officials as one on whether Greece should remain in Europe's joint currency. In the aftermath, many European leaders softened their tone and said talks would resume, though Greece's chance of staying in the euro was looking increasingly shaky.The country's banks remained shut on Monday for a sixth working day and the government kept tight limits on cash withdrawals at ATMs and money transfers to limit the drain on deposits.All eyes now turn to whether the European Central Bank will increase the amount of credit the banks can draw on to make up for the cash drain. Analysts expect the ECB to not provide more emergency assistance on Monday.That means the banks would not be able to reopen and Greece might have to tighten its limits on cash withdrawals and transfers from the current 60 euros ($67) per day. Some banks may even face the risk of collapse in coming days as they continue to be drained of banknotes.Greece's economy minister, Giorgos Stathakis, told the BBC that if the ECB keeps its support unchanged, the current cash withdrawals limits can stay in place until Friday without any banks collapsing.Facing such urgency, the Greek government has vowed to quickly restart negotiations with creditors in other eurozone countries and with the institutions that oversaw the country's bailout: the ECB, European Commission and International Monetary Fund.Varoufakis appeared to be the first casualty of the Greek government's attempt to reach a deal with creditors.With his brash style and fondness for frequent media appearances, Varoufakis had visibly annoyed many of the eurozone's finance ministers during the past months' debt negotiations.Varoufakis said in a statement he was told shortly after the referendum result that some other eurozone finance ministers and the country's other creditors would appreciate his not attending the ministers' meetings.The idea was one "that the Prime Minister judged to be potentially helpful to him in reaching an agreement. For this reason I am leaving the Ministry of Finance today," he said.As for his European negotiating colleagues, he said of them: "I shall wear the creditors' loathing with pride."A replacement was to be announced later Monday.With his high-stakes gamble to call a referendum with just a week's notice, Tsipras aimed to show creditors that Greeks, whose economy has been shattered and who face spiraling unemployment and poverty, have had enough and that the austerity prescribed isn't working.But everything hinges on European reaction.European officials appear to be split on a key demand by Greece to have the burden of its bailout loans be made more manageable.France's finance minister, Michel Sapin, indicated that discussing Greece's debt is not taboo, saying the country could not recover with its current obligations "in the months and years to come."Sapin also called for the ECB to maintain liquidity assistance to Greek banks.Germany, however, remains reluctant to discuss debt forgiveness.Finance Ministry spokesman Martin Jaeger said Germany's "position is well-known ... a debt cut is not an issue for us."More broadly, Chancellor Angela Merkel's spokesman said talks on a new bailout program for Greece would depend on what proposals Athens makes.Steffen Seibert said Germany respects the "clear 'no' vote" by Greeks against austerity measures."However, he added that "in view of Greek citizens' decision yesterday, the conditions are not there at present to enter negotiations on a new program." He said the "no" vote is a vote against the principle — still supported by Germany — that solidarity requires countries to make their own reform efforts.Besieged by a prolonged recession, high unemployment and banks dangerously low on capital, Greece defaulted on an IMF loan repayment last week, becoming the first developed nation to do so.Now some analysts wonder if Greece is so starved of cash that it could be forced to start issuing its own currency and become the first country to leave the 19-member eurozone, established in 1999.Tsipras was elected in January on promises to repeal the austerity demanded in return for its bailout and negotiations broke down late last month after dragging on unsuccessfully for five months.___Demetri Nellas and Menelaos Hadjicostis in Athens, Greece, Lori Hinnant in Paris, Raf Casert in Brussels and Geir Moulson in Berlin contributed.

How close is Greece to leaving the euro? A look at the country's options and what happens next-The Canadian PressBy David McHugh, The Associated Press | The Canadian Press – july 6,15-yahoonews

FRANKFURT - Greece is at the last chance saloon, thirsty and out of credit. Next stop could be the badlands of euro exit.Without a deal on more bailout loans, the heavily indebted country faces looming financial hurdles in the coming days.If it stumbles, it could leave the shared currency in a chaotic mess. A resounding "no" vote in a referendum Sunday on the tough conditions attached to more loans leaves Athens at odds with its main creditors — the other eurozone governments, led by Germany."Greece is in limbo and is sliding fast toward Grexit," said Berenberg Bank economist Holger Schmieding, using the shorthand for Greek exit.Here are questions and answers on what Greece faces next.___Q: What happens first? A: The politicians will try to re-start bailout talks — not easy, after Greek voters rejected the last formal offer from the creditors. Meanwhile, the creditors' resistance to softening terms remains high. There are concerns that rewarding Greek obstinacy will mean it and other indebted countries that need financial assistance will also resist spending cuts and economic reforms in the future.Greece, which overspent for years until its troubles became clear in 2009, has already been granted 240 billion euros in loans from the other eurozone countries. But the spending restraint demanded as a condition for the loans hurt economic growth, and reforms to make Greece more business-friendly have been slower than hoped.Chancellor Angela Merkel from Germany meets French President Francois Hollande on Monday evening. That's followed by a meeting of eurozone finance ministers on Tuesday, and a full summit of the leaders of the 19 euro countries that evening.After months of talks, the basic issues are well known, so the rejected deal, with tweaks, could serve as a basis for some kind of agreement.Greece's previous bailout line of credit expired June 30 before a deal could be reached to tap the last payout. So a new one will have to be negotiated. That could take time. Germany's parliament, for instance, would have to vote to approve a new negotiating mandate just to begin. And time is short.Schmieding said any new offer to Greece "will be at least as tough as the offer Greece rejected." That offer included painful increases in value-added tax paid at the point of sale by consumers, and reductions in state pensions.James Nixon, chief European economist at Oxford Economics, says there's "a narrow trajectory from here that sees an emboldened Greek parliament accepting the need for reform in return for a debt write-down.""The next 48 hours will be crucial." Q: What happens while we wait for talks to get started again? A: The most pressing question is the country's banks, which closed a week ago after the European Central Bank refused to let them tap more emergency credit. Banks needed the credit to replace deposits as Greeks pulled their savings out, fearing it would be lost in a bank collapse or changed into a new currency that is worth less.ATM withdrawals are limited to 60 euros ($66) a day to keep banks from collapsing. Suppliers are demanding business pay cash up front, making normal commerce impossible.The banks have barely enough money left to meet limited withdrawals. The ECB is to review the situation Monday, but likely won't turn the tap back on unless it is convinced Greek banks are solvent and it's not pouring taxpayer money into a black hole. The banks' health depends on the government's finances, since the banks hold government bonds and much of their capital consists of future tax breaks — money that vanishes if the government goes bankrupt.So the ECB may wait on the politicians to see if a bailout deal for the government takes shape. The bank's preference is for the politicians to come up with a solution.The ECB faces tough choices. It doesn't want to pull the plug on Greece. But it doesn't to pour in more money only to lose it.Schmieding says for now the ECB "will play a holding game." Q: And after that? A: Perhaps the biggest drop-dead date is July 20. That's the day Greece must pay 3.5 billion euros on a bond held by the European Central Bank. If it doesn't pay, the ECB could withdraw all the emergency credit, collapsing Greece's banking system.Many analysts think that would result in Greece leaving the euro.If the government defaults to the ECB itself, the thinking goes, it would be impossible to deny the government is bankrupt. And that could extend to the banks that are tied to it.In that case, the ECB could not only cap its credit, as it has done so far, but withdraw the existing 89 billion euros it has already extended to Greek banks. With the banks broke, the ECB's supervisory arm would likely order that they either be wound down or saved with new investment.Yet Greece doesn't have enough euros for a bank rescue. So, barring a deal with creditors to refloat the banks, it would have to print a new currency. Q: So they've got until July 20? A: Not necessarily. The government is running out of euros to pay its regular bills such as paychecks to government employees and pensions. If it starts handing them IOUs instead, that could be the first step toward a new currency. It would take months to actually print new money and get it into circulation.Meanwhile, every week the banks are closed the recession gets worse, tax revenues fall, and the amount of help Greece will need rises.If Grexit is to be avoided, the country needs some kind of a deal.And soon.

US stocks slip after Greeks reject terms of latest bailout package; European markets slide-The Canadian PressBy Bernard Condon And Pan Pylas, The Associated Press | The Canadian Press – JULY 6,15-YAHOONEWS

NEW YORK, N.Y. - U.S. stocks are edging lower after Greeks reject the terms of the country's latest bailout.European markets had bigger losses Monday, but not as bad as many were expecting.Many credited the moderate declines to the resignation of Greece's finance minister, who had clashed with his European counterparts.Energy stocks fell more than the rest of the market as the price of oil sank 5 per cent.The Dow Jones industrial average fell 45 points, or 0.3 per cent, to 17,685 as of 11:45 a.m. Eastern time.The Standard & Poor's 500 index gave up five points, or 0.2 per cent, to 2,071. The Nasdaq composite fell 14 points, or 0.3 per cent, to 4,994.Bond prices rose. The yield on the 10-year Treasury note fell to 2.29 per cent.

Tsipras gets cross-party backing before euro summit By Eric Maurice-EUOBSERVER-JULY 6,15

ATHENS, Today, 18:11-In the wake of a resounding No by Greek voters to the reforms asked by the EU and the International Monetary Fund, Alexis Tsipras rallied on Monday (6 July) the main Greek parties ahead of the next round of negotiations.The Greek PM agreed with German chancellor Angela Merkel that he would present a new proposal for an bailout agreement at the euro summit Tuesday evening (7 July).After a 6-hour long meeting with president Prokopis Pavlopoulos and party leaders, he obtained the backing of 4 parties from the left and right.Only the communist party refused to join what amounts to a national unity forced by the 60-percent vote in favor of the government's position at Sunday's referendum."The government assumes the responsibility of continuing the negotiations. And each political leader will contribute, respectively, within the framework of his/her institutional and political role," leaders from Pasok (socialists), ANEL (nationalists), To Potami (center) and New Democracy (right) said in a common statement.The meeting was preceded by the resignation of finance minister Yanis Varoufakis, who was replaced by Euclid Tsakalotos.A deputy minister for international economy, Tsakalotos was Tsipras' chief negotiator with the creditors.Varoufakis' resignation was seen as a sign that Tsipras wants to ease tensions with Greece's partners, as Varoufakis had become a antagonistic figure inside the Eurogroup."He was not the problem," the minister for administrative reforms George Katrougalos told EUobserver, adding that Greece's "partners will not be able anymore to say that we do not want a compromise."But despite a 60-percent win at the referendum and a backin from the main parties, the negative reactions of his partners and the worsening situation of the Greek banking system put him in an uncertain position."An agreement or Grexit', summarized center-right Kathimerini newspaper on Monday, while I Avgi, Syriza's newspaper welcomed the "60% against austerity"."We were expecting a tough initial reaction to the referendum result, but both side have an interest in finding a common ground," Katrougalos said."We believe that reason and Europe's democratic traditions will win over," Katrougalos said adding that "what is essential is an agreement with a debt relief".The emergency Eurogroup meeting and eurozone leaders summit on Tuesday will be crucial to see the ratio of power.Despite hardline positions expressed after the result of the referendum, "we can see the level of dissent" among Greece's creditors, Jens Bastian, an economical analyst for the Athens-Based MacroPolis website, told EUobserver."It will become even bigger," Bastian said, noting that French Finance minister Michel Sapin said his government was ready to consider a debt relief. "It is the first time a Eurogroup member takes the line of the International Monetary Fund," Bastian observed. In the meantime, the most pressing issue for the Greek government was the situation of the banks."Our immediate priority is to quickly restore our banking system’s functioning and our economic stability," Tsipras said Sunday after the referendum results."An increase of the liquidity is necessary, otherwise the economy is not viable," minister George Katrougalos said, calling the European Central Bank (ECB) to take an initiative.While the Greek central bank continues to ask for an increase of the ceiling of the Emergency Liquidity Assistance, some ECB governors plead for a decrease of the programme.As consequence, the ELA ceiling will probably remain unchanged as long as an agreement is not reached between Greece and its creditors.  In any case, the deadline for the programme will be on 20 July when Greece has to repay €3.5 billion to the ECB.A Greek default on this payment would automatically put an end to the liquidity assistance."That is the real deadline to find an agreement," Jens Bastian said."The ECB took a political decision when it decided not to increase the ceiling and it will continue on the same political path," economist and Syriza MP Costas Lapavistas told this website."Greece is under enormous foreign pressure," Lapavistas said, "but the liquidity problem and the ECB repayment will force the issue."On Monday the government decided to extend for a few days the bank holiday first imposed until Tuesday.In Athens people continued to queue at ATM machines to withdraw their daily €60 allowance, even if the actual limit is €50 due to a shortage of €20 notes - when ATMs are not empty.After a week of capital control, the euros are still circulating. In shops and tavernas, tills are still well provided in coins and notes of every values and foreign tourists bring fresh cash in the circuit.Economy minister Giorgos Stathakis told the BBC that banks could collapse if no decision is taken in the next 48 hours."All banks are not at the same level," a EU source told EUobserver suggesting there were concerns about a possible collapse.But the source said there was no emergency."The money is there.""Some companies repatriated money from foreign accounts to Greek banks to pay their employees. And then the money goes to other banks," the source said."Money is under the beds" and will continue to circulate for a while event with no ELA increase, the source assured.But for many other business, who pay their employees or are paid by clients through processes that requires a bank deposit, the situation is getting more difficult each day.And at the cash machines, after a week of capital control, the crucial issue now is "the avaibility of real bank notes", Jens Bastian said.The Bank of Greece can only print €5 and €10 euro notes and would need an external supply of €20 and €50 notes."The issue is to bring into the country huge amounts of banks notes," as this was done in 2012 when planes brought cash from Italy, said Bastian, who was at the time a member of the EU Task Force for Greece."It would be surprising if they did not do it again," Bastian noted, adding that such a initiative would be within the ECB mandate."We will have to look at the Athens airport's activity."

ECB to decide on Greek funding Monday By Benjamin Fox-JULY 6,15-EUOBSERVER

BRUSSELS, Today, 09:34-The euro fell in early trading on Asian markets at the start of an expected period of market volatility in response to the Greek referendum result.Asian stocks hit a six month low, with the Japanese Nikkei index dropping by 2.4 percent. European stock markets are expected to fall by a similar level over the course of Monday’s trading.With eurozone politicians not meeting until Tuesday (7 July), attention will switch to Frankfurt, where the European Central Bank’s governing council will meet on Monday to decide its next move.The ECB’s decision last Sunday not to raise the ceiling of its emergency liquidity assistance (ELA) programme to Greek banks from €89 billion led to the introduction of limits on cash withdrawals.The Greek government faces its next big repayment on 20 July, when it must redeem €4.2 billion of ECB bonds. Failure to meet this payment would almost certainly result in the ECB halting its ELA programme, bankrupting the country’s banking sector.But without further financial support over the next two weeks there is little chance of its banks being able to survive that long. In the absence of the ECB pumping new money into the Greek system, market analysts believe that Greece would soon be forced to introduce a parallel currency.The ELA programme requires the ECB to deem that Greek banks are still solvent. However, after a week of capital controls, and no extra money coming into the system, the Greek banking sector is within days, or even hours, of running out of cash to stock its cash machines.“The ECB will not be the one pulling the trigger on Greece,” says ING chief economist Carsten Brzeski, adding that “as long as eurozone politicians will signal their willingness to negotiate with Athens, the ECB will maintan ELA at its current levels.”Meanwhile, in a note reacting to the referendum result, Barclays stated that it “would expect (the) ECB’s (governing council) to shut down ELA at the latest by 20 July”.Barclays estimates that Greek banks have around €28 billion of collateral that could be posted to the ECB in return for ELA funding.The market uncertainty is also expected to hit other southern Mediterranean countries, particularly the sovereign bond spreads of Italy and Spain, with investors expected to flock towards so-called safe haven bonds such as Germany and the US.Greek banks have faced a steady flight of capital since January. The ECB has pumped in around €120 billion - equivalent to over two thirds of the Greek economy- making it one of the institutions most exposed to a Greek default.