Prophetic News and Trends

Response to Rockets: Gaza Fishing Zone Halved

Senior defense source: Israel will not allow Hamas to "drizzle" rockets again.
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By Gil Ronen
First Publish: 3/21/2013, 10:47 PM


Moshe Yaalon
Moshe Yaalon
Reuters
Israel has responded to the firing of four rockets at Sderot Thursday by cutting the permitted fishing zone for Gaza fishermen in half, from six miles to three miles offshore. This brings the fishing zone back to its size before Operation Pillar of Defense.
"We will not allow Hamas to go back to the previous situation of a 'rocket drizzle,' and the entire defense establishment is in agreement on this matter," a senior defense force in southern command told Arutz Sheva.

Abbas Welcomes Obama's Jerusalem Speech


PA chairman welcomes President Obama’s speech in Jerusalem, as Hamas condemns Obama for “adopting Israel’s position”.
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By Elad Benari
First Publish: 3/22/2013, 2:16 AM


Abbas and Obama in Ramallah
Abbas and Obama in Ramallah
Reuters
Palestinian Authority chairman Mahmoud Abbas welcomed President Barack Obama’s speech in Jerusalem on Thursday, while Hamas condemned Obama for “adopting Israel’s position”.
"President Abbas welcomed President Obama's speech in Jerusalem saying that achieving peace and the option of two states on the 1967 borders are the way to bring security for the Israeli and Palestinian peoples," the PA’s peace negotiator Saeb Erekat told AFP.

Khamenei: Iran Will 'Annihilate' Tel Aviv, Haifa


Iran will "annihilate" Tel Aviv and Haifa if it comes under attack by the Jewish state, warned supreme leader Ayatollah Ali Khamenei.
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By Rachel Hirshfeld
First Publish: 3/21/2013, 6:04 PM


Ayatollah Ali Khamenei
Ayatollah Ali Khamenei
AFP file
Iran will "annihilate" the Israeli cities of Tel Aviv and Haifa if it comes under attack by the Jewish state, "supreme leader" Ayatollah Ali Khamenei warned on Thursday.

"Every now and then the leaders of the Zionist regime threaten Iran with a military attack," Khamenei said in a live televised speech from the northeastern city of Mashhad, referring to Israel.

"They should know that if they commit such a blunder, the Islamic republic will annihilate Tel Aviv and Haifa," he said, according to the AFP news agency.

Egypt: Judges Recommend Dissolution of Muslim Brotherhood

Egyptian judges recommend the dissolution of the Muslim Brotherhood, say it has no legal status.
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By Elad Benari
First Publish: 3/21/2013, 6:15 AM


Protest against Muslim Brotherhood policies
Protest against Muslim Brotherhood policies
Reuters
A panel of Egyptian judges has recommended the dissolution of the Muslim Brotherhood movement, from which President Mohammed Morsi hails, saying it has no legal status.
According to a report on the website of the Egyptian daily Al-Ahram, the State Commissioners Board (SCB) recommended on Wednesday that the Supreme Administrative Court (SAC) reject a longstanding appeal by the Muslim Brotherhood to revoke the 1954 decision made by former President Gamal Abdel Nasser's Revolutionary Command Council (RCC), declaring the group illegal and ordering its dismantling.

   Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers

Why Is The World Economy Doomed? The Global Financial Pyramid Scheme By The Numbers


Why is the global economy in so much trouble?  How can so many people be so absolutely certain that the world financial system is going to crash?  Well, the truth is that when you take a look at the cold, hard numbers it is not difficult to see why the global financial pyramid scheme is destined to fail.  In the United States today, there is approximately 56 trillion dollars of total debt in our financial system, but there is only about 9 trillion dollars in our bank accounts.  So you could take every single penny out of the banks, multiply it by six, and you still would not have enough money to pay off all of our debts.  Overall, there is about 190 trillion dollars of total debt on the planet.  But global GDP is only about 70 trillion dollars.  And the total notional value of all derivatives around the globe is somewhere between 600 trillion and 1500 trillion dollars.  So we have a gigantic problem on our hands.  The global financial system is a very shaky house of cards that has been constructed on a foundation of debt, leverage and incredibly risky derivatives.  We are living in the greatest financial bubble in world history, and it isn't going to take much to topple the entire thing.  And when it falls, it is going to be the largest financial disaster in the history of the planet.
 
 


 
 

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