Davos Boss Warns Refugee Crisis Could Be Precursor to Something Much Bigger

DAVOS, SWITZERLAND - As the crash in commodities prices spreads economic woe across the developing world, Europe could face a wave of migration that will eclipse today’s refugee crisis, says Klaus Schwab, executive chairman of the World Economic Forum.

A world divided - Elites descend on Swiss Alps amid rising inequality

DAVOS, SWITZERLAND - Politicians and business leaders gathering in the Swiss Alps this week face an increasingly divided world, with the poor falling further behind the super-rich and political fissures in the United States, Europe and the Middle East running deeper than at any time in decades. Just 62 people, 53 of them men, own as much wealth as the poorest half of the entire world population and the richest 1 percent own more than the other 99 percent put together, anti-poverty charity Oxfam said on Monday. Significantly, the wealth gap is widening faster than anyone anticipated, with the 1 percent overtaking the rest one year earlier than Oxfam had predicted only a year ago. Rising inequality and a widening trust gap between people and their political leaders are big challenges for the global elite as they converge on Davos for the annual World Economic Forum, which runs from January 20 to 23.

 
China: Imploding Stock Markets, Slowing Real Economy

CHINA - What’s happening in China? Is it becoming the locus of the next financial crisis? Some well positioned capitalists are beginning to suggest so, including no less than that guru of global hedge fund and financial speculators, George Soros. The Bank of Central Banks, the Bank of International Settlements (BIS) in Geneva, is saying the same; so too are a growing list of research departments of major global banks, like UBS and Societe General in Europe. China today is facing a convergence of several major forces that threaten not only to drive its economy and financial system into further and faster contraction and instability, but threaten as well to destabilize the rest of the global economy, especially emerging markets.

 
Economic emergency declared in France

FRANCE - French President Francois Hollande has announced what he called "a state of economic and social emergency" involving a €2 billion plan to revive hiring and catch up with the world’s economy. "Due to the threat of terrorism in the past, we had to introduce a state of emergency. But amid global chaos and an uncertain economic environment, it’s appropriate to talk about a state of economic and social emergency. Employment is the most important question after the security of French citizens," TASS quotes Hollande as saying. Hollande's socialist government has been failing to boost long-stagnant French growth or cut chronic unemployment, which has been about 10 percent for a long time. One of the key milestones of his presidential program of 2012 was to cut the unemployment. Hollande’s chances for a second term may depend on his ability to create jobs.

 
Disney, Say Yes to Queer Characters

USA - It’s time for Disney to stop tiptoeing around inclusion. Over the weekend, Girl Meets World actress — and self-avowed intersectional feminist — Rowan Blanchard came out on Twitter. The 14-year-old Disney Channel star responded to the #RileyMatthewsBisexual2K16 campaign, which called on the network to allow its protagonist to explore her sexuality this season.

Europe’s tragedy: Too much Angela Merkel, too little masculinity

GERMANY - After the incidents of sexual assault in Cologne, Germany on New Year’s Eve committed by Muslim refugees against German women, feminist apologetics have acquired renewed vigor in the European debate.

Immigrants must improve English in two-and-a-half years or face deportation, says David Cameron

UK - Prime Minister also says he feels Muslim women should remove full face veil when going to schools or courts where there is official uniform policy. Immigrants will have to demonstrate how they have improved their English after two-and-a-half years or face being deported, David Cameron has said. The Prime Minister admitted that the crackdown could see families being broken up. “We are one of the most successful multi-ethnic, multi-faith democracies in the world. Where there is segregation it is holding people, it is not in tune with British values and it needs to go.”

 
European governments adopt Nazi-style measures against refugees

EUROPE - Governments and authorities in Europe are stepping up their persecution of refugees with breath-taking speed. They are no longer refraining from adopting measures that recall the policies of Germany’s National Socialists.

ISIS may ‘turn guns’ against Israel, Jordan amid failures in Syria – IDF chief

MIDDLE EAST - Islamic State’s inability to sustain its territorial gains in Syria in light of the Russian Air Force’s offensive “raises the probability” that jihadists will shift their tactics to attack Israel and Jordan, the chief of the Israeli armed forces has warned.

‘He knew they’d kill him in the end’

SAUDI ARABIA - Mohammed al-Nimr, the son of Shia cleric Sheikh Nimr al-Nimr, executed in Saudi Arabia at the beginning of the year, has told RT how his father fought for the rights of "all the people" while having been allegedly tortured after his arrest by Riyadh. "He spoke for all the people, he didn’t speak only for the Shia community." The cleric, who called for the self-rule of the Saudi Shia population, was among 47 people executed in Saudi Arabia at the start of the year on terrorism charges. The execution sparked not only a strong reaction in the Middle East, but also an international outcry.

 
Saudis not ruling out nuclear bomb in response to Iran

SAUDI ARABIA - Saudi Arabia is not ruling out developing a nuclear bomb if its regional rival Iran obtains one, Saudi Foreign Minister Adel al-Jubeir told the Reuters news agency on Tuesday. Asked if Saudi Arabia had discussed seeking a nuclear bomb in the event Iran managed to obtain one, al-Jubeir replied the country would do "whatever we need to do in order to protect our people". The nuclear deal is not the only point of contention between Saudi Arabia and Iran, as Riyadh accuses Tehran of “meddling” in the region and the two back opposing sides in wars in Syria and Yemen and political tussles in Iraq, Lebanon and Bahrain. Jubeir told Reuters Iran's support for Shiite Muslim militias across the region was the main source of sectarian ill will, but acknowledged that this had produced what he described as "a counter reaction in the Sunni world".

 
Oil price crash: rout reaches $27 as Opec warns US shale will be forced to relentComment

MIDDLE EAST - Cartel says persistent low prices will finally begin to bite for rival producers, as cost for some barrels of US crude turn negative. Oil slumped to below $28 a barrel in early morning trading on Monday - its lowest level since September 2003 - as traders digested news of Iran's return to the world's over-supplied markets. The slide came after Opec said persistently low prices would finally begin to bite for rival producers in 2016, forcing the US and Canada to cut back on production this year. The forecast seemingly vindicates the cartel's landmark decision to ramp up production in order to steal a march on higher cost producers such as US shale. Major producers are currently over-supplying markets by 2-2.5 million barrels a day, said Stuart Gulliver, chief executive of HSBC.

The North Dakota Crude Oil That's Worth Almost Nothing

USA - Oil is so plentiful and cheap in the US that at least one buyer says it would pay almost nothing to take a certain type of low-quality crude.

Flint Hills Resources LLC, the refining arm of billionaire brothers Charles and David Koch’s industrial empire, said it offered to pay $1.50 a barrel Friday for North Dakota Sour, a high-sulfur grade of crude, according to a corrected list of prices posted on its website Monday. It had previously posted a price of -$0.50. The crude is down from $13.50 a barrel a year ago and $47.60 in January 2014. While the near-zero price is due to the lack of pipeline capacity for a particular variety of ultra low quality crude, it underscores how dire things are in the US oil patch. US benchmark oil prices have collapsed more than 70 percent in the past 18 months and fell below $30 a barrel for the first time in 12 years last week.

 
Iran sanctions: Middle East stock crash wipes £27 billion off markets as Tehran enters oil war

IRAN - Prospect of the Islamic Republic pumping an additional 500,000 barrels a day sends stock markets in Dubai and Saudi Arabia into tailspin. Stock markets across the Middle East saw more than £27 billion wiped off their value as the lifting of economic sanctions against Iran threatened to unleash a fresh wave of oil onto global markets that are already drowning in excess supply. All seven stock markets in the Gulf states tumbled as panic gripped traders. London shares are now braced for a second wave of crisis to hit when they open on Monday morning after contagion from China sent the FTSE 100 to its worst start in history last week. The dramatic moves came following the historic report from the UN nuclear watchdog, which showed that Iran has met its obligations under the nuclear deal, clearing the way for the lifting of sanctions.

 
The Financial Apocalypse Accelerates As Middle East Stocks Crash To Begin The Week

MIDDLE EAST - It looks like it is going to be another chaotic week for global financial markets. On Sunday, news that Iran plans to dramatically ramp up oil production sent stocks plunging all across the Middle East. Stocks in Kuwait were down 3.1 percent, stocks in Saudi Arabia plummeted 5.4 percent, and stocks in Qatar experienced a mammoth 7 percent decline.

“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)