Major U.S. $ Crisis Looming
Financial Sense online - 04/12/2006

We are approaching rapidly a series of currency crises of a greater magnitude than ever seen before in history.

Whilst the U.S.$ will be the prime recipient of these, many currencies trying to protect their international competitiveness or their own stability will be dragged into the crisis that will affect to a greater or lesser extent the bulk of currencies across the world.

There will be few currencies and consequently their economies that will escape the ripple effects of the dramatic changes in exchange rates.

Blair plans PR campaign to win Britons over to EU
Mail on Sunday - 03/12/2006

The UK Government agreed at last week's Cabinet meeting to launch a new PR campaign to overcome British scepticism and apathy towards the EU. A memo titled, Reframing the Debate suggests that Ministers should try to promote the EU brand by linking it to popular, or warm European themes such as the UEFA Champions League and the Eurovision song contest even where these are unrelated to the EU. It also suggested a ban on mentioning themes that leaves the public cold, including terms such as EU Directive, Brussels or Eurocrat.

Every Whitehall department will be assigned a Press co-ordinator to promote these ideas, and rebut stories that show the EU in a negative light. They will be issued with a new core script and toolkit outlining the new narrative on Europe. The plan has been drawn up by Howell James, Whitehall's communications head and close friend of EU Trade Commissioner Peter Mandelson. The paper reports that the move comes because of the Government's growing expectation that Brussels would revive plans for an EU Constitution.

Radioactive spy Islamic convert? - 03/12/2006

Reports that KGB defector Alexander Litvinenko converted to Islam before his mysterious poisoning with radioactive polonium 210 is raising suspicions that he may have been involved in a plot to smuggle the deadly substance to terrorist groups willing to pay millions even for a gram.


Treasury Secretary, Henry M. Paulson, is rushing off to China next month and will lead a delegation to Beijing for the inaugural meeting of the U.S China Strategic Economic Dialogue. He'll be taking high-ranking Administration officials with him, including Federal Reserve Chairman, Ben S. Bernanke. Because Hank and Ben are responsible for stabilizing the financial markets and need to work together to try and stabilize the dollar, their activities in China will undoubtedly be closely watched worldwide.

U.S. Dollar in Danger as World's Reserve Currency & - 02/12/2006

The U.S. Dollar has been the world's reserve currency since World War II. Yet, the Bush administration, reversing the actions in the Clinton years, has changed the playing field by allowing the dollar to drift lower. In this analysis, Dr. Duarte looks at several key factors that are influencing the action of the U.S. Dollar, and that may have some long lasting consequences.

The U.S. Dollar is nearing a multi-year low, as measured by the Dollar Index. The common wisdom suggests that the status of the dollar is based on economic fundamentals. Yet, there is data that suggests that beyond the slowing economy, the long term trend and the increasingly dangerous of the dollar is stemming from policy decisions made by Congress and by the White House.

Pound breaks through $1.98
Guardian Unlimited - 01/12/2006

Sterling broke through the $1.98 barrier this afternoon, hitting a fresh 14-year peak of $1.9847 as manufacturing activity in the US plunged to the lowest level in three-and-a-half years, sparking fears of a hard landing for the US economy.

Benedict XVI Appeals for Peace in Jerusalem - 30/11/2006

From the shrine of the Blessed Virgin Mary's house near Ephesus, Benedict XVI implored for peace in Jerusalem and the whole world.
"Strengthened by God's word, from here in Ephesus, a city blessed by the presence of Mary Most Holy -- who we know is loved and venerated also by Muslims -- let us lift up to the Lord a special prayer for peace between peoples," exhorted the Pope in his homily at a Mass attended by Turkish Catholics today.

Christians must 'let go' some beliefs for sake of peace, theologian says - 29/11/2006

To live peacefully with Muslims and Jews, Christians must put aside the notion that their faith requires the creation of a Christian kingdom on Earth, a Lipscomb University theologian told an interfaith gathering at the university.
"We are not going to get very far in our relationship with Jews or Muslims if we do not let go of this idea," Lipscomb professor Lee Camp said at Tuesday's conference.

Pope strikes conciliatory tone in Turkey
The Boston Globe - 29/11/2006

ANKARA, Turkey -- Pope Benedict XVI, who sparked Muslim anger in September when he quoted a 14th-century ruler's characterization of Islam as a religion spread by violence, reached further back for more conciliatory words yesterday as he began a four-day visit to Turkey, his first papal trip to a Muslim country.

In a speech that stressed the need for honest and open dialogue between Christians and Muslims, Benedict recalled the words of Pope Gregory VII, who in 1076 wrote a letter of thanks to a North African Muslim ruler for his benevolence to Christians.

Dollar falls sharply as US slows
BBC News - 29/11/2006

The dollar has continued its recent decline, falling to fresh 20-month lows against the euro as concerns grow about a US economic slowdown.
In early Wednesday afternoon trading, the dollar was hovering around $1.31 against the euro, after earlier falling as low as $1.32.
The dollar's continuing weakness came after US data showed a fall in both the price of goods and consumer confidence.
Analysts now predict US interest rates will have to be cut early next year.

Al-Sadr loyalists take over Iraqi TV station
The Minila Times - 27/11/2006

Followers of the militant Shiite cleric Muqtada al-Sadr took over state-run television to denounce the Iraqi government, label Sunnis "terrorists" and issue what appeared to many viewers as a call to arms.
The two-hour broadcast from a community gathering in the heart of the Shiite militia stronghold of Sadr City included three members of al-Sadr's parliamentary bloc, who took questions from outraged residents demanding revenge for a series of car bombings that killed some 200 people Thursday.

Jordan's king warns of spreading civil war
The Washington Times - 26/11/2006

Jordan's King Abdullah says the Middle East is on the brink of three potential civil wars -- in Iraq, in Lebanon and among the Palestinians.
Abdullah, who hosts U.S. President George Bush and Iraqi Prime Minister Nouri al-Maliki for talks Wednesday, appeared Sunday on ABC News' "This Week with George Stephanopoulos."
"We can possibly imagine going into 2007 and having three civil wars on our hands," the king said.

US dollar 'will keep falling'
The Observer - 26/11/2006

The US dollar has reached a 'tipping point' as foreign exchange markets wake up to the threat that the Federal Reserve will have to slash interest rates in the new year to stave off recession, analysts say. After a sharp sell-off on Friday took the greenback to 18-month lows against the euro, and pushed the pound to $1.93, economists warned that there was worse to come for the US currency.

Meshaal warns of 'third intifada'
Aljazeera - 26/11/2006

The political leader of Hamas has said the US and Europe have an historical opportunity at the moment to resolve the Middle East conflict.
"In six months ... if this chance is not used, the Palestinian people will close all political files and launch a third intifada," Khaled Meshaal said in Cairo on Saturday

China and Pakistan in trade deal
BBC News - 25/11/2006

Chinese President Hu Jintao has signed a free trade deal with his Pakistani counterpart, Gen Pervez Musharraf, during talks in Islamabad.
Diplomats say the agreement could triple the value of bilateral trade within five years, to $15bn (£7.7bn).
The two countries have also agreed new defence and energy deals and pledged to continue nuclear co-operation.

“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)