TWO BAD BEARS UP TO NO GOOD!
January 22, 2008
http://www.tribulationperiod.com/
Two Bears in the Middle East – One Feeding Persian Bear Nuclear Food and
One Loose in the Middle East Stock Market.
The two articles from the Jerusalem Post, sandwiched in between our comments, are well worth considering, and I sincerely hope you will take the time to read this blog.
When Money, Wealth, and Pursuit of Fleshly Desires, have become the God of Ancient World Empires of great Power, their great Influence and Power to Dominate always seems
to Suddenly End. And when their Religious Leaders preach and teach that the More Riches the False God of Mammon pours out on Individuals, the greater is their Godliness, then the End of
that Empire is Sealed.
I Timothy 6:5-10 – Perverse disputings of men of corrupt minds, and destitute of the truth, supposing that gain is godliness: from such withdraw thyself.
[6] But godliness with contentment is great gain. [7] For we brought nothing into this world, and it is certain we can carry nothing out. [8] And having food and raiment let us be therewith content. [9] But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition. [10] For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows.
Modern Day Russian Bear Providing Food for Daniel’s Ancient Bear!
Begin Jerusalem Post Associated Press Article 1
4th Russian fuel shipment reaches Iran
Associated Press, THE JERUSALEM POST
January 20, 2008
A fourth Russian shipment of nuclear fuel arrived in Iran on Sunday, destined for a power plant being constructed in the southern Iranian port of Bushehr, the official Islamic Republic News Agency reported.
The report said 11 tons of fuel arrived at the Bushehr power plant, just two days after Iran received its third Russian shipment on Friday.
Russia has reportedly pledged to give Iran a total of 85 tons of fuel for the plant.
The remainder of the fuel, about 40 tons, was scheduled to arrive in four separate shipments in the coming months, the report said.
Iran received its first two shipments of nuclear fuel from Russia in December – after months of disputes between the two countries, allegedly over delayed construction payments for the reactor.
Iran has said Bushehr, the country’s first nuclear reactor, will begin operating in the summer of 2008, producing half of its 1,000 megawatt capacity of electricity.
Teheran heralded the first shipment as a victory, saying it proved its nuclear program
was peaceful and not a cover for weapons development as the US has claimed.
The United States and Russia have said the supply of nuclear fuel meant Iran had no need to continue its uranium enrichment program – a process that can provide fuel for a reactor or fissile material for a bomb. Iran has agreed with Russia to return the spent fuel to ensure it doesn’ t ex
tract plutonium to build a bomb.
Iran insisted it would continue enriching uranium because it needed to provide fuel to a 300-megawatt light-water reactor it was building in the southwestern town of Darkhovin.
Iranian officials have said they plan to generate 20,000 megawatts of electricity through nuclear energy in the next two decades.
Russia’s decision to begin shipping nuclear fuel to Iran followed a US intelligence report released earlier this month that concluded Tehran had stopped its nuclear weapons program in late 2003 and had not resumed it since. Iran says it never had a weapons program.
End Jerusalem Post Article 1
All World Empires Eventually Crumble With One Exception
Revelation 10:7 – But in the days of the voice of the seventh angel, when he shall begin to sound, the mystery of God should be finished, as he hath declared to his servants the prophets.
Revelation 11:15 – And the seventh angel sounded; and there were great voices in heaven, saying, The kingdoms of this world are become the kingdoms of our Lord, and of his Christ; and he shall reign for ever and ever.
Daniel 7:13,14 – I saw in the night visions, and, behold, one like the Son of man came with the clouds of heaven, and came to the Ancient of days, and they brought him near before him. [14] And there was given him dominion, and glory, and a kingdom, that all people, nations, and languages, should serve him: his dominion is an everlasting dominion, which shall not pass away, and his kingdom that which shall not be destroyed.
Zechariah 14:8,9 – And it shall be in that day, that living waters shall go out from Jerusalem; half of them toward the former sea, and half of them toward the hinder sea: in summer and in winter shall it be. [9] And the Lord shall be king over all the earth: in that day shall there be one Lord, and his name one.
Begin Jerusalem Post Article 2
Middle East markets record huge losses
David Harris & Adam Gonn\The Media line Agency, THE JERUSALEM POST
January 22, 2008
Stock exchanges in the Middle East and North Africa are following the global trend of massive reductions in stock prices. Analysts blame fears of a global recession coming on the heels of a rapidly sliding United States economy, and say a combination of the two is hammering global equities.
Most sales are by foreign investors trying balance their portfolios and take home profits, said an analyst at The Media Line. Many of the major American financial institutions are being forced to write off huge loan totals, the result of last year’s credit crunch crisis, so they need fresh capital to replenish their coffers.
“The fundamentals here in the region and in Dubai are very strong,” said Yadullah Ijtehadi, managing editor of Zawya, a Dubai based financial information service. “But over the last one-and-a-half to two years international investors have entered the Dubai market and because of what’s happening in the UK, US, and Asian markets we are seeing a domino effect.”
Dubai Financial Market (DFM) is among the hardest hit in the region, falling steadily over the last week with a significant slump on Friday when the DFM index fell by 5.33 percent.
Another market that has been hard hit is the Saudi Tadawul All Share Index (TASI). It fell 12.8% over the last week.
In Tel Aviv, the market also fell, but not as much as other regional bourses. The Tel Aviv stock exchange was well positioned and stable as seen by the lower fall of 2.18% compared with the European markets, which fell as much as 6%, said Michael Katina, a broker with Prisma Capital Markets in Tel Aviv.
The Istanbul Stock Exchange lost more than 6% of its value in a 24-hour period, but Turkish analysts are divided over how much damage the current economic environment will cause domestic markets.
Like many emerging economies, Turkey had hoped that its economy would survive the financial storm in the United States, “Obviously that’s not the case,” said Adil Rizvi of the Institutional Sales department of EFG Istanbul Securities. “Turkey was a favorite [place for investment] because of some key themes: CBT [Central Bank of the Republic of Turkey] rate cuts, continuing strong growth, and declining inflation. All these are now being challenged and naturally banks are the hardest hit.”
Others point to the resilience of the Turkish economy. With $90 billion in central bank reserves and a similar amount held by the public, Tunc Ural, the director of the Equities Department at Turk Ekonomi Bank (TEB) argues that, “the currency is building immunity.” The international reversal of bullish equity trends is natural, he said. His only rider is that some 72% of the free-flow equities in Turkey are held by foreigners, and that this needs to be carefully watched.
The CASE (Cairo and Alexandria Stock Exchange) Titans 20 index was down 3.5% in early trading on Tuesday with the top 30 companies recording losses of almost 4%. Along the southern Mediterranean coastline a similar picture has emerged in Casablanca, where some Moroccan companies lost as much as 6% of their value in a single-day’s trading.
End Two Jerusalem post Articles
I am not saying the stock market is NOT going to recover, but as I warned last year, we are headed into a recession, and though there will be ups and downs, we are on a downhill slide.
GREAT WORLD POWERS, WHO GOD WARNS THEY WILL FALL IF THEY DO NOT HUMBLE THEMSELVES BEFORE HIM, HAVE A WAY OF SUDDENLY LOSING THEIR POWER. IF, AND WHEN WE LOSE OURS, IT WILL BE FOR THAT REASON – I BELIEVE THE HANDWRITING IS ON THE WALL FOR AMERICA. AND I DO NOT BELIEVE WE WILL HEED IT AS A NATION. I HOPE THOSE FEW WHO READ THIS WILL INDIVIDUALLY HUMBLE THEMSELVES BEFORE GOD WHILE THERE IS STILL TIME TO DO SO!
Daniel 5:22-31 – And thou his son, O Belshazzar, hast not humbled thine heart, though thou knewest all this; [23] But hast lifted up thyself against the Lord of heaven; and they have brought the vessels of his house before thee, and thou, and thy lords, thy wives, and thy concubines, have drunk wine in them; and thou hast praised the gods of silver, and gold, of brass, iron, wood, and stone, which see not, nor hear, nor know: and the God in whose hand thy breath is, and whose are all thy ways, hast thou not glorified: [24] Then was the part of the hand sent from him; and this writing was written. [25] And this is the writing that was written, MENE, MENE, TEKEL, UPHARSIN. [26] This is the interpretation of the thing: Mene; God hath numbered thy kingdom, and finished it. [27] Tekel; Thou art weighed in the balances, and art found wanting. [28] Peres; Thy kingdom is divided, and given to the Medes and Persians. [29] Then commanded Belshazzar, and they clothed Daniel with scarlet, and put a chain of gold about his neck, and made a proclamation concerning him, that he should be the third ruler in the kingdom. [30] In that night was Belshazzar the king of the Chaldeans slain. [31] And Darius the Median took the kingdom, being about threescore and two years old.
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