One dead, thousands without power after storms hit US Midwest

USA - One woman is dead and more than 200,000 homes and businesses are without power in the upper Midwest on Saturday after severe thunderstorms struck parts of the Dakotas, Minnesota, and Wisconsin with damaging winds, lightning and baseball-sized hail. The storms developed in the Dakotas on Friday and powered through Minnesota into Wisconsin, producing wind gusts up to 85 mph and large hailstones, some in excess of 4 inches in diameter, as well as short-lived tornadoes, said Brynn Kerr, a meteorologist with the National Weather Service's Storm Prediction Center in Norman, Oklahoma.

 
Canada floods: Three killed as waters threaten Calgary

CANADA - At least three people have been killed and more than a 100,000 forced to flee their homes as floods triggered by torrential rain hit western Canada. Officials have ordered the evacuation of the centre of Calgary, Alberta, after both rivers that flow through it, the Bow and Elbow, overflowed.

Death toll from monsoon flooding in northern India rises to nearly 600

INDIA - Rescuers have found bodies in the River Ganges and in the muddy earth left by landslides, raising the death toll from monsoon flooding in mountainous northern India to nearly 600, officials say.

Europe unable to break impasse on who pays when banks fail

EUROPE - Europe failed to agree on how to share the cost of bank collapses on Saturday, as Germany resisted attempts by France to water down rules designed to spare taxpayers in future crises.

Shares rout wipes £50 billion off top UK companies

UK - Nearly £50 billion was wiped off the value of Britain’s leading companies yesterday as shares around the world tumbled over fears the US central bank will wind down support for the American economy.

Creeping mistrust stops euro zone banks lending to peers across bloc

EUROPE - Euro zone banks are refusing to lend to peers in other countries in the common currency bloc, signaling a worrying fall in confidence that appears to have worsened since the Cyprus bailout earlier this year, data analyzed by Reuters showed.

Emerging markets crushed by double squeeze in China and America

CHINA - Short-term borrowing rates in China have soared to record highs as credit seizes up, prompting fears that the country’s liquidity squeeze may be spinning out of control.

The Financial Markets Freak Out

USA - US financial markets are exhibiting the classic behavior patterns of an addict. Just a hint that the Fed may start slowing down the flow of the "juice" was all that it took to cause the financial markets to throw an epic temper tantrum on Wednesday.

Cameron is right over EU restructuring, says German economist

GERMANY- Professor Hans Werner Sinn of the University of Munich said the eurozone crisis could last 10 years and crisis-hit countries such as Greece should be allowed to leave the euro until they restored their competitiveness.

Children are dying because of failure to use GM crops, says Owen Paterson

UK - Genetically-modified crops will “improve human health”, Environment Secretary Owen Paterson has said, as he warned that people “thwarting” their production are putting lives at risk.

Iatrogenic Disease is defined as a disease that is caused by medical treatment

USA - If a Jumbo Jet crashed and killed 280 people everyday... 365 days a year... year after year... would you be concerned about flying?? Would you question the Federal Aviation Administration? Would you demand answers?? Think about it! Close to 100,000 people dying every year from plane crashes?

70 Percent Of Americans On Prescription Drugs

ROCHESTER, MINNESOTA, USA - Researchers find that nearly 70 percent of Americans are on at least one prescription drug, and more than half receive at least two prescriptions.

Wall Street plunges, S&P posts biggest drop since Nov 2011

USA - Stocks fell more than 2 percent on Thursday, extending the previous day's sharp decline as investors fretted over the Federal Reserve's plan to begin reducing its stimulus later this year if the economy strengthens. The S&P 500 recorded its biggest daily decline since November 11, 2011, on the year's heaviest day of trading. All 10 S&P sectors were sharply lower, with 94 percent of stocks traded on the New York Stock Exchange down for the day and more than four-fifths of Nasdaq-listed shares ending lower.

 
If Bernanke really shakes the tree, half the world may fall out

USA - We no longer have a free market. The world’s financial asset prices have become a plaything of central banks and the sovereign wealth funds of a few emerging powers. Julian Callow from Barclays says they are buying $1.8 trillion worth of AAA or safe-haven bonds each year from an available pool of $2 trillion. Nothing like this has been seen before in modern times, if ever.

Everything is Rigged, This Time, It's Currencies

USA - Given the LIBOR story, the Interest Rate Swap manipulation story, the Euro gas price manipulation story, the US energy price manipulation story, and (by now) countless others of the "Everything is Rigged" variety, this screams out for immediate notice. Via Bloomberg:

“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)