The decline in economic sentiment is likely connected to the ongoing geopolitical tensions that have affected the German economy. Since the economy in the euro zone is not gaining momentum either, the signs are that economic growth in Germany will be weaker in 2014 than expected.
Figures scheduled for release on Aug. 14 are likely to show that the German economy, Europe's biggest, contracted by 0.1 percent in the second quarter, according to the median forecast of economists surveyed by Bloomberg News. The euro zone as a whole will be lucky to manage growth of 0.1 percent, based on data scheduled for release that same day. So just one slip and the region will be flatlining; two slips, as it were, and recession will be just one quarter away:
The truth is that the Palestinians could have had their own state at any time in the past 67 years. They were offered one in 1947 and refused, preferring to make war on Israel. Indeed, one of their key arguments in this rejection (apart of course from their refusal to countenance any autonomous Jewish presence in Palestine) was their rejection of the very concept of Palestinian peoplehood, arguing that this notion was merely a Zionist plot to divide the Arab p…More at Israel, the Palestinians and the peace process – The Guardian
A hypothetical nuclear war in South Asia
A hypothetical nuclear war in South Asia could trigger worldwide famine and “probably cause the end modern industrial civilization as we know it,” the lead author of a new report tells Global Security Newswire.
Published by the watchdog group Physicians for Social Responsibility, the report, titled “Nuclear Famine: Two Billion People at Risk,” updates prior studies on the potential impacts that a “limited” nuclear war between India and Pakistan could have on the global climate, and consequently on food supplies.
Matthew 24:7 Say that there is going to be a Famine to kill millions of people. Chapter 6 of Revelation also point out the there are going to be serious problems with Disease across the world. As a matter of fact a nuclear war could be one of the main causes of these greater famines,
The prior research, published in 2012, predicted that corn and soybean production in the United States would decline 10 percent on average for 10 years. It also projected a decline in Chinese middle-season rice production — on average by 21 percent during the first four years and on average 10 percent in the following six.
PA deal: May take time to Implement
US secretary of state expected to further discuss US security ideas; justice minister attacks building in isolated settlements as hurting Israel’s effort to enlist int’l community around security arrangements.
The Palestinians need to understand that their state will be established only if Israel gets security, Justice Minister Tzipi Livni said on Wednesday, on the eve of an another trip to Israel by US Secretary of State John Kerry.
Israel, she added, must understand that its choice is between building another house in an isolated settlement and building security for Israel.
PZRN: If you have been studying prophecy like me for years you grow acustom to see the PA government and the hole Arab world back puddle time and time again. Now it is my beliefs along with many of you fellow bible Prophecy buffs that Gods word is coming to past. One day a world leader will arise to make peace with may countries in the word. I do believe that every day is another day closer to the soon coming rapture.
Iran Pushes for Saudi Isolation
Two red flag events in the Persian Gulf this week attested to Tehran’s confidence that it has escaped the threat of a military clash with the US and Israel over its nuclear program – certainly in the Persian Gulf. By the same token, Iran is no longer threatening to block the Straits of Hormuz to Gulf oil exports in reprisal for this attack.
One of those events, as noted by DEBKAfile’s military and Gulf sources, is the rapid detente between Tehran and the United Arab Emirates. Tuesday, Dec. 10, unnamed Gulf officials announced that Iran and the UAE were close to an agreement for the return to the Emirates of three Iranian-occupied islands in the Arabian Gulf.
Iran is feeling at ease as the globe body falls asleep during the so called agreements by the US and the west. What is more important is the pace that bible prophecy is taking place. Countries are being place into there bible sections as the curtains of end time prophecy start to rise.
The other event was the conspicuous absence of Oman’s Sultan Qaboos from Gulf Cooperation Council (GCC) summit taking place in Kuwait this week.
The Sultan has been a live wire in the back-channel dialogue between President Barack Obama and President Hassan Rouhani, which led up to the Geneva interim accord on Iran’s nuclear program last month. His absence told GCC members that Oman had chosen to stand aside from Saudi dictates for the approval of anti-Iranian resolutions that would derail the deals struck between the US and Iranian presidents. GCC resolutions must be unanimous.
Will Israel take on Iran by themself. Does the US sit on it’s hands and play the by standing adviser? We will have to wait and see. But one thing we know for sure. Jesus is coming soon, and God knows the beginning and the ending.
Banking Union: Here we come “EU”
BRUSSELS: EU finance ministers on Tuesday edged towards a difficult compromise on a Banking Union they hope will prevent a repeat of crippling crises and inject new impetus into the economy.
Ministers voiced optimism they would reach a “political accord” during what are expected to be marathon talks in Brussels, but several predicted a further emergency meeting would be needed to thrash out the details.
North Korea Sells of Gold to evert a economic Collapse
North Korea has begun to sell large amounts of gold to China in a bid to tide over its economic crisis, multiple sources familiar with North Korea affairs said Wednesday.
PZRN News Desk: What should the US be doing to make sure a collapse does not happen here. Or do we think everything is getting better? Should we be selling off gold? Or do we even have good in Fort Knots? Not! If we did still have Good in the Middle American lands we would have used it for some dumb project to line the pockets of the already rich. I was wondering what happen to social security? North Korea has a reputation of treating there people bad. I wonder if preparing for what they see in the future is a crime too.
The exchange could be an indication of an imminent economic collapse as it goes against founding leader Kim Il-sung’s order to never sell the country’s gold, according to the sources.
“Since several months ago, North Korea has begun to sell even its gold,” one source said, asking that he not be identified. “Overseas sales of gold are a barometer of whether the North Korean economy is in a crisis or not.”
THE Irish government has apologised after a judicial review found Irish police colluded with the IRA in the murders of two Northern Ireland police officers in 1989.
Chief Superintendent Harry Breen and Superintendent Bob Buchanan were shot dead by members of the Provisional Irish Republican Army (IRA) shortly after returning to Northern Ireland following a meeting with Irish police in Dundalk on March 20, 1989.
“Whilst Judge Smithwick does not find direct evidence of collusion in the killings, he concludes, on the balance of probabilities that collusion did occur,” said Eamon Gilmore, minister for foreign affairs.
The Smithwick Tribunal was set up in 2005 to investigate suggestions of collusion by members of the Republic’s police force, known as the garda, or other state employees in the murders of the two men.
“The findings of Judge Smithwick are both incredible and shocking and confirm the existence of ‘a mole’ in Dundalk station – this led to my father’s death,” said Buchanan’s son Will in a statement on Tuesday.
The Breen family solicitor said the tribunal “has brought significant consolation to the family as they come to terms with the treacherous realities, now laid bare, which surrounded the dreadful murder of their loved one.”
Justice Minister Alan Shatter said the murders “were two stark examples of the brutality which pervaded this island for many dark years.”
More than 3500 people were killed and thousands more injured over three decades as pro-British Protestants and republican Catholics perpetrated atrocities.
“It is important to say immediately, on my own behalf and that of the government, that I apologise without reservation for any failings identified in the report on the part of the state or any of its agencies,” Shatter added.
Amnesty International said the findings were a “deep concern”.
Patrick Corrigan, Northern Ireland program director, said: “We now need a new mechanism to investigate the past in Northern Ireland.
“The victims of every killing, just like the families of officers Buchanan and Breen, have a right to hear truth and see justice.”