You may view the 5 minute update this week via audio:
In this week’s 5 minute update, we focused on several things:
1) The current status of the Israel / PLO peace process
2) The US dollar trading near an all-time low
Fatah and Hamas have made an agreement to reconcile their differences and form a united PLO government. Mahmood Abbas says that he will continue to lead any peace talks with Israel. PM Netanyahu says that Abbas must choose between Hamas or peace. Haniyeh, the leader of Hamas, says that they will never recognize Israel. The UN, US and the EU have reacted cautiously to the announcement of a PLO unity government stating that the PLO must recognize Israel’s right to exist. The strategy of the PLO is that they believe that they will get recognition of a PLO state at the United Nations in September and with that recognition they do not need to negotiate peace with Israel. Meanwhile, Netanyahu will be in Europe next week to lobby against European countries recognizing a PLO state at the UN in September. Egypt has decided to open the Rafah crossing to allow goods into the Gaza Strip. Due to the smuggling of weapons into the Gaza Strip, this is a threat to Israel. Prior to the PLO reconciliation agreement, it was rumored by a Kuwaiti newspaper that Netanyahu secretly agreed to a PLO state with East Jerusalem as its capital and giving control of the Temple Mount to the international community. The Israeli government denied the rumors. Finally, 350 rabbis in Israel signed a petition declaring that withdrawing from the West Bank was religiously forbidden.
An agreement to divide Jerusalem and establish a PLO state is a tribulation event.
The link to these articles are as follows:
1) Fatah and Hamas: Palestinian reconciliation will end Israeli occupation
2) Abbas: Fatah will continue to handle Mideast peace talks
3) PM to Abbas: Choose between peace with Israel or Hamas
4) Haniyeh calls on Fatah to renounce recognition of Israel
5) Fatah-Hamas Agreement: Another Nail in the “Peace Process’s” Coffin
6) Netanyahu on Front Lines in Europe to Fight PA State
7) Netanyahu Denies Report He Caved In on Temple Mount
8.) Hundreds of rabbis sign edict prohibiting withdrawal from WB
9) ‘Egypt to permanently open Rafah border crossing’
The US dollar index is trading near a 3 year low and close to an all-time low. As a result, Gold and Silver hit an all-time high this week. Meanwhile, energy and commodity prices continue to increase. Oil is trading around $113. The cost of gasoline has now risen to over $4 a gallon.
A collapse of the US dollar and the establishment of one world currency is a tribulation event.
The link to these articles are as follows:
From a Biblical prophetic perspective, the reason why the God of Israel would allow these events to happen is because it will result in the end of the exile of the house of Jacob and the reunification of the 12 tribes of Israel (Ephraim and Judah).
We will to be “watchmen on the walls of Jerusalem” and we will not rest until the God of Israel makes Jerusalem a praise in the earth (Isaiah 62).
Shalom in Yeshua the Messiah,
Eddie Chumney
Hebraic Heritage Ministries Int’l