The Emerging Market Currency Crisis Of 2018

USA - We haven’t seen emerging market currencies crash like this in over a decade, and analysts are warning that if this continues we could witness a devastating global debt crisis.  Over the past decade, there has been an insatiable appetite for cheap loans in emerging market economies, and a very substantial percentage of those loans were denominated in US dollars. 

Merkel and Putin to Hold Talks on New Baltic Pipeline and Syria

GERMANY - Chancellor Angela Merkel’s office says she plans weekend talks with Russian President Vladimir Putin in Germany on issues including the development of a contentious Baltic Sea natural gas pipeline. Merkel’s spokesman Steffen Seibert said Monday the two leaders will meet Saturday at the German government’s guest house outside Berlin. The Nord Stream 2 project will add to an existing direct Russian-German pipeline, increasing the amount of natural gas Russia can send to central Europe skirting transit countries to Germany’s east. Several eastern European countries object to the plan, which the United States also opposes. Seibert says Germany’s position is it’s “important Ukraine retains a role as a transit country” for Russian gas. The leaders will also discuss ending the Syrian conflict, the situation in eastern Ukraine and bilateral topics.

Trump Administration Slaying ‘Sacred Cows’ in Bid for Israeli-Palestinian Peace

MIDDLE EAST - The chances that the Trump administration will win Palestinian support for its much-awaited peace proposal should not be dismissed, the editor-in-chief of The Algemeiner, Dovid Efune, said during a recent appearance on i24 News. In an interview on the “Stateside” program, Efune said that the administration’s approach — led by Jared Kushner, President Donald Trump’s son-in-law and senior adviser — was based on “the massacre of sacred cows.” “One of those is the idea that peace runs through the [Palestinian] leadership,” Efune observed, going on to argue that many Palestinians — frustrated from decades of unresolved conflict under the leadership of the Palestinian Authority and Hamas – might now embrace an alternative leadership focused on education, development and trade instead.

Sweden Is Burning

SWEDEN - Migrant Gangs Unleash Coordinated Fire-Bomb Rampage Across Multiple Cities. Many Swedes were horrified in early 2017 when US President Donald Trump linked immigration to rising crime in Sweden, but an increasing number now agree with him.

Netanyahu: We Will Not Accept Anything Less Than Full Ceasefire

ISRAEL - Prime Minister Benjamin Netanyahu on Sunday warned Hamas that Israel will continue to do whatever it needs to combat the terrorism coming from the Gaza Strip and will accept nothing less than a blanket ceasefire, at the same time as the results of an attempt by Egypt and the UN to strike a truce deal remain unclear. “We are in the midst of a campaign against terror in Gaza. It entails an exchange of blows; it will not end in one strike. Our demand is clear — a complete ceasefire. We will not suffice with less than this,” Netanyahu said at Sunday’s weekly cabinet meeting. “As of now, we have destroyed hundreds of Hamas military targets, and in each round the IDF exacts an additional heavy price. Our objective is to restore the quiet to residents of the south and the area adjacent to the Gaza Strip. This goal will be achieved in full.”

Khamenei: Iran’s Problems ‘Internal,’ Not Purely US Sanctions

IRAN - Iran’s increasing economic problems are as much a result of internal mismanagement as US external trade pressure, supreme leader Ayatollah Ali Khamenei conceded Monday. “Economic experts and many officials believe the cause of this issue is not foreign, it’s internal,” he said in a speech in Tehran, according to tweets released on his official account and reported by AFP. “Not that sanctions don’t have an impact, but the main factor is how we handle them.” Khamenei referred specifically to the collapse in the currency, which has seen half its value wiped since early April. “If our performance is better, more prudent, timely and effective, sanctions will not have that much effect and can be resisted,” he added.

The Internet of Things – A “Security Time Bomb”

USA - With the arrival of the IoT and billions of new Internet-connected machines, appliances, sensors, “things,” robots, and devices, wirelessly trafficking data to and from the Cloud where it is stored, cybersecurity has become a near impossibility, and the threat of devastating attacks is on the rise. In fact, according to The World Economic Forum’s Global Risks Report 2018, cyber security is the third greatest global risk of 2018 topped only by natural disasters and extreme weather conditions. ZDNet reports, “The economic costs of a large cyber-attack could be as large as the impact of a major natural disaster. An Economic Times article titled, All of us are sitting on a ticking time bomb called the internet explains: The more connected the world gets, the more vulnerable it becomes.” 

Hungary: Sex is biologically determined

HUNGARY - Sex is biologically determined, the concept of gender, as ‘social sex’ is nonsense. The issue of gender studies was not on the agenda of the government’s meeting, because there are much more important topics, a government source told on Monday. Last week, Hungarian universities were given 24 hours to give their response to the plan of the Ministry of Human Capacities, according to which it will become impossible for new students to enrol in gender studies. As we reported before, two universities are concerned: Hungary’s biggest state-funded university ELTE, and the Central European University, founded by George Soros. If the amendment becomes official, it will mean that nobody can attend gender studies courses in Hungary and get a degree in the subject.

Putin to visit Germany

GERMANY - Russian President Vladimir Putin is set to visit Berlin this weekend to meet with Chancellor Angela Merkel, a German government spokesman has confirmed. “Chancellor Angela Merkel will host Russian President Vladimir Putin on August 18, 2018 at federal government’s Schloss Meseberg,” according to a statement from government spokesman Steffen Seibert, referring to an 18th-century palace 50 miles northwest of Berlin. Seibert did not elaborate on the details of the visit, only saying “relevant foreign policy issues” will be discussed. The relations between Putin and Merkel have had ups and downs, but the pair have always managed to come to terms, even in times when the West was at odds with Russia.

Jewish leaders BLAST Austria

AUSTRIA - Austria is under fire for organising an EU leaders’ summit to begin on the Jewish Day of Atonement, Yom Kippur, which has sparked alarm in the Jewish community. The group said the scheduling conflict shows an unsurprising lack of attention to their religious calendar and raised concerns amid the resurgence of anti-Semitism across the continent. Austria holds the rotating presidency of the Council of the EU and has long struggled with allegations of state-sponsored intolerance. Jewish Hungarian member of the European Parliament Péter Niedermüller said he thinks the date was chosen intentionally as a way for Europe’s right-wing officials to send a subtle message. He said: “I can imagine very well there are some political intentions.”

US, Turkey Declare Economic War

TURKEY - Relations between the US and Turkey — a key American ally and home to NATO’s second-largest army — hit a new low on Friday, with the presidents of both countries rhetorically declaring economic war on each other. And over the course of a single day, the Turkish lira lost 17 percent of its value. Within hours, early signs of panic spread to world financial markets. A European currency trader, who asked that his name not be published, told WhoWhatWhy on Sunday that he had never seen so much trade and volatility over a weekend, blaming it on the Turkey events.

Russia to sell off more US Treasuries

RUSSIA - Moscow will continue selling off its holdings of US Treasury securities in response to the new penalties Washington is ready to introduce against Russia in the near future, according to Russia’s Finance Minister Anton Siluanov. The minister added that the government will stick to the plan of moving away from the US dollar for international trade, as it recently proved to be a “risky” payment method. “I do not rule it out,” Siluanov said in an interview with Rossiya 1 TV channel. “We have significantly reduced our investment in US assets. In fact, the dollar, which is considered to be the international currency, becomes a risky tool for payments.”

Italy: Possible return of military conscription

ITALY - Italy is considering reinstating compulsory national service for its restless young citizens, according to its hardline interior minister. Matteo Salvini, Italy's deputy prime minister and interior minister, called for a return to military service on Saturday, saying: “Above and beyond 'rights' I would like to see a return to there being 'duties'". Speaking at a rally in Lesina, Puglia, he added: “We are doing well to study the costs, ways and timings for evaluating if, how and when to reintroduce – for a few months – obligatory military and civil service to our boys and girls, so at least they learn a bit of 'education' that mom and dad are not capable of teaching them.”

They Sacrificed Babies, We Abort Them

USA - Dr Ben Carson has a way of putting things in perspective that endears him to pro-life activists. The neurosurgeon and the author of six best-selling books makes another compelling point about the issue of abortion that is sure to have everyone who opposes abortion concurring. He pointed out how ancient civilizations have been criticized for the brutal practices of human sacrifice and child sacrifice — but he wonders if modern society isn’t “guilty of the same thing” because we have legalized abortion. “Well, it’s interesting that we sit around and call other ancient civilizations heathen because of human sacrifice but aren’t we actually guilty of the same thing?” said Dr Carson in reference to a question about abortion. “The good thing is the American populace is moving closer and closer to understanding that abortion is murder. Every year we’re getting better on that regard.”

US Electoral Fraud

USA - Elections: American democracy has a problem — a voting problem. According to a new study of US Census data, America has more registered voters than actual live voters. It's a troubling fact that puts our nation's future in peril. The data come from Judicial Watch's Election Integrity Project. The group looked at data from 2011 to 2015 produced by the US Census Bureau's American Community Survey, along with data from the federal Election Assistance Commission. As reported by the National Review's Deroy Murdock, who did some numbers-crunching of his own, "some 3.5 million more people are registered to vote in the US than are alive among America's adult citizens. Such staggering inaccuracy is an engraved invitation to voter fraud."

“Just what is an APOSTLE?”
Just what is an Apostle?

Today we find the Church of God in a “wilderness of religious confusion!”

The confusion is not merely around the Church – within the religions of the world outside – but WITHIN the very heart of The True Church itself!

Read online or contact email to request a copy

Listen to Me, You who know righteousness, You people in whose heart is My Law: …I have put My words in your mouth, I have covered you with the shadow of My hand, That I may plant the heavens, Lay the foundations of the earth, and say to Zion, “you are My people” (Isaiah 51:7,16)