Financial Crisis Deferred?

On October 3, 2015October 2, 2015 By AdminIn Financial CrisisLeave a comment

A few weeks back, we posted an article summarizing the very real fears of the World Bank and IMF about the upcoming Federal Reserve interest rate rise.

Since then we have been tracking updates as it happened on this page

It seems that two of these potential flash-points have been deferred till December.

1. Interest rate hike – deferred till December

Why is the world so worried about an interest rate hike?

Since the 2008 global financial crisis, many central banks have pumped money into the economy to create economic stimulus. That economic stimulus has failed unlike past occasions, but in the process it has also created a great deal of “cheap debt” – lots of high risk loans that are dependent on a low interest rate.

The IMF is concerned that once the rate goes up, that defaults will begin to occur around the world, and particularly in emerging markets.

But the problems don’t stop there. The Telegraph explains more:

2. US Government Shutdown – deferred till November

Congress may have averted a government shutdown until December 11, but lawmakers will be under the gun to raise or suspend the debt ceiling long before then.

Treasury Secretary Jack Lew said Thursday he now estimates that “on or about” November 5, Treasury is likely to exhaust special accounting measures that are keeping the country’s debt below its legal limit.

At that point, the Treasury Department would only be able to pay the country’s bills with the cash it has on hand — which Lew expects to be roughly $30 billion.

And that would not be enough to cover the bills on some days, which can amount to $60 billion.

“We anticipate that our remaining cash would be depleted quickly,” Lew wrote in a letter to House Speaker John Boehner.

Lew stressed if that happens, it would be the first time in the country’s history that the United States could not meet all of its obligations.

“There is no way to predict the catastrophic damage that default would have on our economy and global financial markets,” he added.

Stratfor releases satellite images of Russian military in Syria

On September 18, 2015February 18, 2016 By AdminIn Russia, STRATFORLeave a comment

Russian expansion in Syria is taking place quickly.

Satellite images taken by Stratfor and published by Reuters show a build up of tanks, helicopters and other heavy weapons. It is estimated now that there is already 500 troops on the revamped air base.

Sources including Debkafile show that Russian troops are also actively fighting in Syria.

Turkey is becoming a logistical pain for Putin:

The increasing Russian military presence in Syria is not considered to be an invasion but once Russian casualties begin to mount its hard not to imagine Putin getting sucked into the vortex of the Middle East.

What is particularly obvious is that Russia is setting up infrastructure for quick access into the middle east through the development of a Syrian airbase.

However while the airbase is expanding its troop numbers via cargo flights, Russia is not allowed to fly through Turkey or Greece and therefore must take a very uneconomical route through Iran & Iraq.

Interesting to note that Turkey is a logistical thorn in Putins side at the moment as Russia continues to expand in Syria. Pro US Turkey and Greece won’t allow Russia to use their airspace – wonder how long this will last for. Source: Business Insider.

Furthermore all Russian naval cargo is coming through the Bosphorus which is a channel controlled by Turkey. It was recently reported that Turkey threatened to blockade the Bosporus to Russian ships. Imagine if they tried to do that anytime soon!

New Satellite Images of Russias Forward Air Base in Syria

Syria-Latakia-Airbase-First-Panel — Latakia airfield in Syria has been built up to accommodate Russian Forces. Satellite images show a build up over the past two weeks. Source: Reuters / Stratfor

Syria-Latakia-Airbase-Fourth-Panel — Russia fortifies the Syrian airfield. Source: Reuters / Stratfor

Syria-Latakia-Airbase-Second-Panel — A battalion-sized Russian contingent now appears to be located at the base, along with advanced T-90 Tanks, artillery and attack helicopter support. Source: Reuters / Stratfor

The Russian military buildup continues in Syria

On September 15, 2015September 15, 2015 By AdminIn RussiaLeave a comment

Status Report:

15 Russian Antonov-124 flights have unloaded cargo
7 Advanced Russian tanks
15 fresh artillery pieces
35 armored personnel carriers
Housing for up to 1500 troops
Advanced anti-aircraft missile system

To see the latest on this click here.

“Russia is not concerned for ISIS or Syria”

Business Insider Reports:

“Moscow will reportedly provide Russian troops in Syria with an advanced anti-aircraft missile system as part of its military support for Syrian president Bashar Assad.

“This system is the advanced version used by Russia and it’s meant to be operated by Russians in Syria,” a Western diplomat who is regularly briefed on U.S., Israeli and other intelligence assessments told Reuters.

And as The Daily Beast’s Michael Weiss points out any anti-aircraft missiles deployed by Russian troops in Syria won’t be directed at ISIS, since ISIS has no air force.

In fact, none of the rebels do — only government forces have access to aircraft.

Russia has substantially increased its military presence in Syria over the past two weeks under the guise of helping the embattled al-Assad fight ISIS and other extremists.

US Airforce cites ‘alarming strides’ in Russian air-power.

Reuters reports:

A U.S. Air Force general on Monday cited what he called “alarming” moves by the Russian military to beef up its air forces in the years since the invasion of Georgia in 2008 and to establish firm defenses around areas like Crimea.

General Frank Gorenc, commander of U.S. Air Forces in Europe, told reporters he was concerned about Russia’s moves to increase the quantity and quality of its aircraft and field unmanned aircraft.

“The advantage that we had from the air, I can honestly say, is shrinking,” Gorenc said at the annual Air Force Association conference.

Russia launches massive military drills at home involving 90,000 troops.

Yahoo Reports:

Russia on Monday launched its largest military exercises of the year, Centre-2015, involving some 95,000 soldiers including ground troops, navy and airforce units.

The long-announced war games are “the most large-scale drill of 2015,” the defence ministry said.

Russia has recently intensified snap checks of its military might, testing its capabilities from the Arctic to the Far East as relations with the West have plunged to a post-Cold War low over the Ukraine crisis.

Reports that Putin will sideline the Syrian President

On September 14, 2015 By AdminIn RussiaLeave a comment

Putins intentions are becoming clearer.

First he offers to secure Israel gas & oil assets, now he is more concerned for the Syrian people than he is the Syrian President.

Bloomberg reports that Putin working with power brokers (US & Saudis) to explore the option of sidelining the Syrian President.

If the report is true is this going to be a case of invasion via diplomacy?

Note in the article a killer phrase; “Putins WHIRLWIND diplomacy”.

Reminds me of Daniel 11: “and the king of the North shall come against him like a WHIRLWIND”.

Well this isn’t exactly an invasion but the infrastructure is being built in Syria for a rapid deployment if Putin needs it as reports have shown.

Click here to read the article:

Putin offers to guard Israel’s Oil & Gas Assets

On September 13, 2015September 14, 2015 By AdminIn RussiaLeave a comment

Speaking of Russia in the latter day, Ezekiel 38:8 says;

After many days thou shalt be visited: in the latter years thou shalt come into the land that is brought back from the sword, and is gathered out of many people, against the mountains of Israel, which have been always waste: but it is brought forth out of the nations, and they shall dwell safely all of them.

Thou shalt ascend and come like a storm, thou shalt be like a cloud to cover the land, thou, and all thy bands, and many people with thee.

Thus saith the Lord God; It shall also come to pass, that at the same time shall things come into thy mind, and thou shalt think an evil thought:

And thou shalt say, I will go up to the land of unwalled villages; I will go to them that are at rest, that dwell safely, all of them dwelling without walls, and having neither bars nor gates,

To take a spoil, and to take a prey; to turn thine hand upon the desolate places that are now inhabited, and upon the people that are gathered out of the nations, which have gotten cattle and goods, that dwell in the midst of the land.

~ Ezekiel 38

Ezekiel prophecies that at the same time that Russia comes down like a storm and invades the land, an evil thought will enter Russia’s mind and they will want to take a spoil from the land of Israel, and Egypt (Daniel 11:42)

The news today show that the seeds are being sown.

DebkaFile Reports:

More than a fortnight ago, Russian President Vladimir put a proposition to Israel for Moscow to undertake responsibility for guarding Israel’s Mediterranean gas fields, along with the offer of a Russian investment of $7-10 billion for developing Leviathan, the largest well, and building a pipeline to Turkey for exporting the gas to Europe, DEBKAfile reports.

A multibillion Russian investment in the field would make it a Russian project which neither Syria nor Hizballah would dare attack, even though it belongs to Israel.

But now the situation has assumed a different face. Russian forces are streaming to Latakia, and Moscow has declared the area from Tartous, Syria up to Cyprus closed to shipping and air traffic from Sept. 15 to Oct. 7 in view of a “military exercise including test firings of guided missiles” from Russian warships.

When he offered a shield for Israeli gas fields in late August, The Russian ruler knew that implementation would rest with Russian military forces on the spot, rather than Iranian and Syrian reluctance to harm Russian interests

Bible Prophecy & Current Events

Tag: cataclysm