UK businesses want change to EU terms, says lobby group

UK - Business lobby group British Chambers of Commerce (BCC) says most UK companies want to stay in Europe, with some powers brought back home.

Pope picks cardinals to advise on Vatican reform

VATICAN - The Catholic Church's new leader has appointed a group of top churchmen to advise him on how to reform the Vatican's often arcane bureaucracy. Pope Francis chose eight cardinals and a bishop who between them represent nearly every continent, and only one of whom is currently a Vatican official. The bureaucracy, or Curia, has been blamed for the Church's hesitant response to sex abuse and other crises. It is nearly 50 years since the Vatican's last major reform. The cardinals who elected Pope Francis last month were strongly critical about basic failings of the Curia under Pope Emeritus Benedict, the BBC's David Willey reports from Rome.

 
Mass points to Pope's new priorities

VATICAN - From the moment he walked out onto the balcony of St Peter's Basilica and stood calmly surveying the crowd, Pope Francis' body language has suggested a change of style. Tuesday's shorter, simpler, inaugural Mass reinforced the impression of a Pope of humility and simplicity. Pope Francis' homily - direct and comprehensible - suggested that those qualities would shape his pontificate too.

Portugal'’s elder statesman calls for 'Argentine-style' default

PORTUGAL - Portugal's leading elder statesman has called on the country to copy Argentina and default on its debt to avert economic collapse, a move that would lead to near certain ejection from the euro.

Wall Street Hides from Regulators in “Dark Pools”

USA - While the federal government has pushed Wall Street to make itself more transparent with trading, many high-rolling investors are avoiding more visible venues like the New York Stock Exchange (NYSE) and instead spending their money in so-called “dark pools.”

Pope makes first big decision naming advisory board

VATICAN - Pope Francis, in his first major decision, on Saturday set up an advisory board of cardinals from around the world to help him govern the Catholic Church and reform its troubled central administration.

IMF raises concerns over QE 'cold turkey'

USA - Loose central bank policies may threaten global financial stability when interest rates rise because lenders could become "addicted" to central bank financing and put off vital reforms, the International Monetary Fund has warned.

"Germany's Gold Is Being Held Hostage By The Fed"

USA/GERMANY - Highlight from James Turk's interview Saturday with King World News. “It'’s quite clear that the German gold is being held hostage. They are not getting what they want. They are getting what the Federal Reserve is telling them they can have.

Top Economic Advisers Forecast War and Unrest

USA - Top economic advisers warn that economic factors could lead to a new world war. Kyle Bass writes: “Trillions of dollars of debts will be restructured and millions of financially prudent savers will lose large percentages of their real purchasing power at exactly the wrong time in their lives.”

EMU plot curdles as creditors seize Cyprus gold reserves

CYPRUS - First they purloin the savings and bank deposits in Laiki and the Bank of Cyprus, including the working funds of the University of Cyprus, and thousands of small firms hanging on by their fingertips. Then they seize three quarters of the country’s gold reserves, making it ever harder for Cyprus to extricate itself from EMU at a later date.

Wall-Street Craziness Is Back

USA - The craziness on Wall Street, the reckless for-the-moment-only behavior that led to the Financial Crisis, is back. This time it’s Citigroup that is once again concocting “synthetic” securities, like those that had wreaked havoc five years ago.

EU mulls bank law to impose losses on depositors

EUROPE - European Union ministers will consider a proposal this week to impose losses on interbank deposits of lenders in dire financial trouble as they shape a draft EU law introducing powers that would also penalize those with big savings.

Why Are The Banksters Telling Us To Sell Our Gold When They Are Hoarding Gold Like Crazy?

USA - The big banks are breathlessly proclaiming that now is the time to sell your gold. They are warning that we have now entered a “bear market” for gold and that the price of gold will continue to decline for the rest of the year. So should we believe them?

The Wall Street Ticking Time Bomb That Could Blow Up Your Bank Account

USA - Cyprus-style confiscation of depositor funds has been called the “new normal.” Bail-in policies are appearing in multiple countries directing failing TBTF ["too big to fail"] banks to convert the funds of “unsecured creditors” into capital; and those creditors, it turns out, include ordinary depositors.

Big banks 'more dangerous than ever', IMF's Christine Lagarde says

EUROPE - Europe needs to recapitalise, restructure or shut down its banks as part of a vital clean-up of the industry, International Monetary Fund managing director Christine Lagarde said as she warned that the threat from world’s biggest lenders was “more dangerous than ever”.

“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)