Archive for the ‘Weekly 5 minute update’ Category

April 16, 2011: Weekly 5 minute update (Audio Only)

Saturday, April 16th, 2011

You may view the 5 minute update this week via audio:

1) Listen to the 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 weak situation with the world economy

The international community continues its push to recognize a PLO state in September.  The PLO say that their state institutions have been set up and are ready to go.  In a meeting in Brussels this past week,  Quartet representative Tony Blair stated that the PA is ready for a state. Prime Minister Salam Fayyad is asking for the international community to donate $5 Billion dollars over the next 3 years to support a PLO state.  Salam Fayyad stated that the Brussels conference announcing that the PLO is ready for statehood is an international ‘birth certificate’ for a PLO state.  Meanwhile, the USA blocked a Quartet meeting (the US, EU, UN and Russia) from taking place in Berlin, Germany this past week where it was expected that the Quartet would make a statement declaring their support for a PLO state based upon 1967 borders with East Jerusalem as its capital. While the US supports in principal a PLO state based upon 1967 borders with East Jerusalem as its capital, the US decision to block the Quartet meeting seems to be a tactical decision. The US would like to be in control of the timing and support for a PLO state based upon 1967 borders with East Jerusalem as its capital. As a result, Secretary of State Hilliary Clinton announced that President Obama will be making a speech in the next few weeks outlining the US position on a Israel / PLO peace agreement. A newspaper in Israel reported that President Obama will support a PLO state based upon 1967 borders with East Jerusalem as its capital at the UN this September.  The PLO stated that when Obama details his new policy initiative that he must make a clear statement opposing Israeli building in the West Bank and East Jerusalem and supporting a PLO state based upon 1967 borders with East Jerusalem as its capital.  In response, Israel Prime Minister Benjamin Netanyahu has been invited to speak at a joint session of congress in the USA in late May. Netanyahu stated that he would stand for the security interests of Israel and that the PLO need to recognize Israel as a Jewish state.  Netanyahu is considering saying that he is willing to establish a PLO state upon 50% of the West Bank immediately and give more  control of these areas to the PLO.  Based upon that gesture, Netanyahu then wants  to tell the international community that Israel is willing to sit down and negotiate with the PLO the details of a final status agreement. Upon hearing the rumors of Netanyahu’s position, the PLO have rejected it.  It seems that Netanyahu will be asked by the USA and the international community if he is willing to accept the terms of reference for a final status agreement to be given by President Obama in a couple weeks or reject it.  The showdown and the battle over Jerusalem (Zechariah 12:1-3) is now happening.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1)  PA: Ready to Announce Statehood In September
2) UN: PA ready to govern a state of its own
3) Tony Blair to endorse Palestinian state in Brussels report
4) PA hail international ‘birth certificate’ of statehood
5) PA seek $5 billion for 3-year development plan
6) US Blocks Quartet Move to Propose Pro-PA Final Status Plan
7) ‘PA still want Quartet-brokered peace with Israel’
8.) ‘US will have hard time standing alone in UN’
9) Clinton: US to lay out new Mideast policy in weeks
10) Obama to recognise Palestinian state with ’67 borders
11) New U.S. peace push must come soon: PA
12) PA seeks US support for statehood
13) Netanyahu: I’ll address Iran, ‘secure peace’ in US speech
14) PM: Peace terms won’t be forced on us
15) Netanyahu mulling West Bank pullout to stave off ‘diplomatic tsunami’
16) Fatah Warns from Netanyahu’s Proposal
17) The New Christian settlers
18) Russian-American Christians seek new life in Samaria

Greece is now paying between 13% and 18% to finance its debt.  This brings a risk that Greece will have more financial problems and could cause a crisis for the euro. The BRICS countries (Brazil, Russia, India, China and South Africa) are calling for a new international financial system which replaces the dependence of the US dollar as a world’s reserve currency.  The US dollar index (the value of the dollar in the world market) has dropped over 15% since June, 2010. It has fallen from a reading of 88 to about 74. It is reaching the lows experienced in the summer of 2008 of around 72-74. If the dollar breaks through the 72-74 support level, its fall could be accelerated causing a collapse of the US dollar and the US to default on its debt.

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:

1) Fears grow over Greek debt default despite bail-out
2) BRICS demand global monetary shake-up, greater influence
3) US Dollar Index: Dollar has fallen over 15% since the summer of 2010

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

 

April 9, 2011: Weekly 5 minute update (Audio Only)

Saturday, April 9th, 2011

You may view the 5 minute update this week via audio:

1) Listen to the 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 weak situation with the world economy

Israel announced that it would build 942 new homes in Southern Jerusalem. The United Nations condemned the building as a violation of international law. The IMF and World Bank stated that the PLO have the economic institutions in place to have a state. In anticipation of a PLO state in September, Hamas and Fatah have started reconciliation talks. At the same time, the military wing of Fatah is cooperating with Hamas to wage war with Israel. Jordan is on the verge of a civil war. The majority of people in Jordan are Palestinians but they are persecuted by the minority who run the country of Jordan.  Ahmadinejad of Iran believes that the US is behind the unrest in Jordan wanting to split Jordan and make Western Jordan part of a PLO state. Mahmood Abbas called on the Quartet (EU, UN, US and Russia) to make a clear statement outlining the parameters for a PLO state in their April 15 meeting in Germany. Israel is trying to prevent the Quartet from making a statement on the borders of a PLO state and is offering alternate suggestions to move the peace process forward. So far, the Israeli suggestions are not being accepted by the PLO. Former Israeli military and security officials proposed a “Israeli Peace Initiative” outlining the framework for a PLO state. It puts any peace agreement firmly under the mandate of the UN and international law. This is not an official document of the Israeli government. An Orthodox Rabbi in Israel shows from the Torah Codes that a PLO state is prophesied to come about in 2011. Another Rabbi in Israel calls for sacrifices to be made on the Temple Mount and an alter to be built to make it possible.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) UN calls on Israel to stop illegal new settlements
2) Palestinian Economy Gets Key Endorsement
3) World Bank praises Palestinian state building drive
4) Hamas has started reconciliation talks with Fatah, says leader
5) Palestinian forces unite against Israel, U.S.
6) Jordan Facing Civil War?
7) Ahmadinejad: U.S. seeking to divide Jordan to form Palestinian state
8.) In Israel, Time for Peace Offer May Run Out
9) Abbas urges Mideast Quartet to make a stand
10) In Berlin, PM aims to thwart support for Palestinian state
11) ‘US firmly opposed to PA seeking statehood in UN’
12) Former Israeli defense chiefs draft new Mideast peace plan
13) Israel Peace Initiative (Text)
14) A PLO State in 2011 according to the Bible Codes
15) Rabbi calls for sacrifice on Temple Mount

Because of its financial problems, Portugal is seeking a bailout from the EU.  The Bank of Japan is warning that the Japanese economy is deteriorating because of the effects of the recent earthquake and tsunami. The head of the IMF believes that individual nation states should have a socialist economy in the new international financial system. The world economy is currently in very weak shape and financial leaders are calling for a new international financial system.

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:

1) Portugal relents, seeks bailout
2) Bank of Japan warns economy under ‘downward pressure’
3) IMF chief sees limits to free market

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

 

April 2, 2011: Weekly 5 minute update (Audio Only)

Friday, April 1st, 2011

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) Unrest in Syria and Jordan
3) Events which indicate the possible collapse of the Euro and US Dollar in 2011

Britain, France and Germany called upon the United Nations and the European Union to present a framework peace agreement to establish a PLO state this September.  British Foreign Secretary William Hague called upon the Quartet (UN, European Union, US and Russia) to set clear peace parameters in their April meeting. The Secretary General of the UN, Ban Ki-Moon called for a PLO state with East Jerusalem as its capital. Israel responded that any peace proposal by the Quartet must take into consideration the viewpoints of Israel. The PLO strategy is clear. They do not want to negotiate with Israel. They want the UN to unilaterally recognize a PLO state in September. This can be done either by the United Nations Security Council or through the UN General Assembly. Mahmood Abbas called for a PLO constitution to be drafted and ready for September. Mahmood Abbas is planning on having unity talks with Hamas in April in Egypt.  Israel said that Abbas must choose between Hamas or peace but he cannot have both. Israel also stated that if a PLO state is unilaterally recognized this September at the United Nations then Israel will take unilateral action and annex the large settlement blocs. Because of the building crisis with the peace process, opposition leader Tzipi Livni offered to join a unity government with Netanyahu. Netanyahu did not publically reply to the offer.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) Diplomats: New European peace proposal
2) UN chief: End occupation, divide Jerusalem
3) Hague comes out against interim agreement
4) ‘Quartet plan must take into account Israeli demands
5) Palestinians to ask UN recognition in September
6) Abbas: Palestinians to ask for UN recognition if peace talks fail
7) J’lem lobbies against UN recognition of Palestinian state
8.) Israel threatens unilateral steps if UN recognizes Palestinian state
9) Abbas meets Hamas officials in bid to end Fatah dispute
10) ‘Abbas would give up US aid to reconcile with Hamas’
11) Fatah, Hamas set to hold April unity talks in Cairo
12) PA president requests PLO Constitution Committee convene
13) Abbas: Draw up constitution of future state
14) PA accuses Israel of trying to ‘bully’ UN
15) How Palestinians will use the GA to advance statehood
16) Unilateral Declaration of an Independent Palestinian State and the Procedure of ‘Uniting for Peace’
17) PM says no to ‘Hamastan’ in Judea and Samaria
18) Livni: Kadima, Likud should work together, change Israel

The unrest in Syria has increased in the past week. The Syrian government resigned in an attempt to appease the protesters.  Meanwhile, Jordan is on the verge of civil war. It seems as if the unrest may be the fulfillment of Ezekiel 30. It is a sign of the end of days.  Political unrest in Middle East countries could evolve into a regional war with Israel.

The link to these articles are as follows:

1) Syrian government resigns in attempt to appease protesters
2) Jordan teetering on civil war, local analysts say

Greece and Portugal is continuing to have problems. S&P downgraded again the debt of these two countries in in the past week.  The March report of leap2020 predicts the collapse of the US Treasury bond market in the 2nd half of 2011.  From these problems, the global elite would like to establish a one-world currency. These news events indicate that a collapse of the Euro and US dollar is possible in 2011.

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:

1) S&P Downgrades Portugal and Greece Again
2) Second half of 2011 – Get ready for the meltdown of the US Treasury Bond market
3) No alternative to a new world architecture
4) Unreported Soros Event Aims to Remake Entire Global Economy

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

 

March 26, 2011: Weekly 5 minute update (Audio Only)

Saturday, March 26th, 2011

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) Unrest in different Middle Eastern states besides Egypt and Libya
3) Economic developments in Europe and the USA which could cause problems for the Euro and US Dollar

Israel PM Benjamin Netanyahu gave an interview with CNN speaking of his position on the peace process.  The international community especially wants Netanyahu to specify if he is willing to divide Jerusalem and make East Jerusalem the capital of a PLO state.  Netanyahu said that Jerusalem must remain united under Israel but that he would be willing to discuss the status of Jerusalem in peace negotiations with the PLO if they were willing to recognize Israel as a Jewish state.  Netanyahu’s lack of public commitment regarding if he is willing to make East Jerusalem the capital of a PLO state has now caused Britain, France and Germany to call upon the United Nations and the European Union to present a framework peace agreement proposal to establish a PLO state this September.  This proposal is being discussed to be presented at the Quartet meeting in April. This week, US Secretary of State Robert Gates visited Israel and the PLO. PLO President Salam Fayyad told Robert Gates that the PLO are expecting the international community to recognize a state by September. There was a bombing in Jerusalem. This is the first serious bombing since 2004. Hamas fired rockets into Israel. Israel responded by bombing targets in the Gaza. At the moment, it looks as if the only way that there can be a PLO state by September is if it is recognized through the United Nations Security Council. Otherwise, it looks like there could be a regional war in the Middle East in the spring or summer.  A regional war is a tribulation event.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) CNN: Netanyahu wants peace with Palestianians
2) Diplomats: New European peace proposal
3) Fayyad updates U.S. on plan for Palestinian statehood in 2011
4) Woman killed, dozens hurt in Jerusalem bombing
5) Hamas fires dozens of mortars at Israel
6) Gaza: Israel Replies With Strikes
7) Israel Retaliates for Deadly Blast, Rocket Attacks
8.) Warplanes pound Gaza, rockets strike deeper into Israel

Political unrest is spreading in the Middle East. Protests are happening in Syria, Yemen as well as Bahrain. While all of these are important, the BIG one to watch is Saudi Arabia. The way in which the USA has handled political developments with Egypt are of great concern to Saudi Arabia and is straining relations with the USA. If there is political unrest in Saudi Arabia, oil could go to $150 to $200 a barrel and could significantly hurt the world economy. Political unrest in Middle East countries could evolve into a regional war with Israel.

The link to these articles are as follows:

1) Wave of unrest shakes Syria
2) Protests in Syria / It’s getting closer
3) Amnesty on Syria: 55 protesters believed killed in Deraa
4) Middle East round-up: Yemen president warns country on brink of civil war
5) ‘Arab spring’ drives wedge between U.S., Saudi Arabia

Ireland may need an additional bailout of its banks. Portugal’s Prime Minister resigned after his government would not approve deficit reduction measures. Investment icon Warren Buffet indicated that the collapse of the euro is NOT unthinkable.  US home sales are at a record low. 20% of homes in Florida are vacant. Rising gas prices are squeezing the family budget of average Americans.  A member of the Federal Reserve says that the USA is fast approaching bankruptcy.  These news items indicate that a collapse of the Euro and US dollar is possible in 2011.

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:

1) Ireland may need over 35 billion euros for banks
2) Portugal’s prime minister resigns after losing austerity measure confidence vote
3) Euro’s Collapse Is Not ‘Unthinkable’: Warren Buffett
4) Nearly 20% of Florida homes are vacant
5) U.S. new home sales plunge to record low
6) Rising gas prices eating into U.S. shopping budgets
7) US Approaching Insolvency, Fix To Be ‘Painful’: Fisher

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

 

March 19, 2011: Weekly 5 minute update (Audio Only)

Monday, March 21st, 2011

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) Economic instability with Europe

Five members of a Jewish family were killed in the West Bank settlement of Itamar.  As a response to this murder, Israel announced that they are going to build 500 new homes in West Bank settlements. The US condemned Israel’s plan for new building. The Quartet (US, UN, EU and Russia) expressed doubt that Israel and the PLO can agree upon the terms for peace in the near future. As a result, the Quartet has decided to consider putting out a statement in April on their position regarding the final status issues. Uruguay is the latest South American country to recognize a PLO state.  France said that it would recognize a PLO state if it was done with the support of the European Union. The PLO have decided that they want to pursue having the UN recognize a PLO state in September.  Seeing that the international community is indicating that they are willing to recognize a PLO state without a peace agreement with Israel, Israel Defense Minister Ehud Barak indicated that Israel needs to advance the peace process or face international isolation. Prime Minister Benjamin Netanyahu is planning to outline a new diplomatic plan next month. However, the PLO is expected to not accept it.  Netanyahu and Abbas are planning to meet next week with Russian President Dmitry Medvedev to discuss ideas on how to advance the peace process. Finally, Israel captured a ship from Turkey headed to Gaza which contained many weapons and Israel claims that the arms on the ship came from Iran via Syria.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) Terror attack in Itamar: 5 family members murdered
2) Israel approves 500 new homes in West Bank in response to Itamar attack
3) US raps Israel for settlement approval after Itamar murders
4) Quartet ‘giving up hope’ of renewing Israeli-Palestinian talks
5) Uruguay joins South American nations in recognizing Palestinian statehood
6) France: EU recognition of Palestinian state ‘a possibility’
7) Palestinians eye UN recognition of state
8.) Barak: Israel must advance peace or face a ‘diplomatic tsunami’
9) Netanyahu to unveil new diplomatic plan
10) Abbas and Netanyahu invited to Moscow for talks
11) IDF seizes boat carrying weapons from Turkey to Gaza
12) Netanyahu: Arms on seized ship came from Iran via Syria

European banks have a 2.5 trillion dollar exposure to the debt laden nations of Greece, Ireland, Portugal and Spain. Ratings agency Moody’s downgraded the debt of Portugal again this week. Because of these developments, there is risk that the EU will have another sovereign debt crisis in the near future that could negatively impact the Euro. If the Euro collapses then the US dollar will collapse also.

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:

1) Banks have 2.5 trillion exposure to ailing quartet of Greece, Ireland, Portugal and Spain
2) Moody’s downgrades Portugal debt rating

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

 

March 12, 2011: Weekly 5 minute update (Audio Only)

Friday, March 11th, 2011

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) Are there signs that the EU and the Euro will have a crisis? US dollar collapse?

The PLO wants to be a full member of the UN (be recognized as a state) by September. The PLO is lobbying the Quartet (EU, US, UN and Russia) to declare a statement that they will recognize a PLO state based upon 67 borders with East Jerusalem as its capital. After that, the PLO would like the UN to unilaterally recognize a PLO state based upon 67 borders with East Jerusalem as its capital by September.  PLO Prime Minister Salam Fayyad says that Benjamin Netanyahu needs to state whether he accepts a PLO state based upon 1967 borders in the near future. France has indicated that they will recognize a PLO state based upon 1967 borders with East Jerusalem as its capital in September if Israel doesn’t agree to the borders of a PLO state by that time. France is lobbying other EU countries to do the same. Feeling international pressure and the prospects of international isolation, Benjamin Netanyahu has announced that he will reveal a new diplomatic initiate in May in the USA. Israel government sources indicate that this plan would include a temporary PLO state now in about 50% of the West Bank while giving more control of the West Bank over to the PLO. The Israeli government would agree to negotiate the details of a final solution within a specified period of time. The PLO is rejecting this idea. Waiting to hear the details of Netanyahu’s new ideas, the Quartet canceled their March meeting to give Netanyahu more time to formulate and reveal his new position. Defense Minister Ehud Barak said that Netanyahu can’t wait until May to reveal his plan but needs to do so within the next couple of weeks.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) Israel looks to surrender control of strategic land
2) Barak urges PM not to wait with peace initiative
3) Mideast Quartet Meeting Delayed Because Of ‘Changes’ In Mideast
4) Palestinian presidency urges Quartet to support European statement
5) France to recognize Palestinian state in September: official
6) Abbas calls for full Palestinian membership in the UN
7) PA pushing Quartet to recognize 1967 borders
8.) Fayyad asks Israeli PM to define Palestinian state

The world’s largest bond fund has sold all of its US Treasury notes (US government debt) due to fears of higher inflation and the collapse of the bond market. The Federal Reserve is now buying 70% of US Treasuries. QE2 is scheduled to end in June. If the Federal Reserve quits buying US Treasuries, who will buy the US debt? The US recorded its largest monthly budget deficit ever in February of over 222 billion dollars. There are growing signs that the EU will be facing another financial crisis soon. The debt of Spain has been downgraded and Spain needs money to recapitalize its banks. The cost to finance the debt of Greece and Portugal continue to grow. Because of this, there is concern that the EU will have another sovereign debt crisis in the near future. In December, we revealed that a “globalist insider” indicated that the Euro could collapse anywhere from March – July, 2011. If the Euro collapses then the US dollar will collapse also.

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:

1) World’s Largest Bond Fund exits government debt: report
2) Bill Gross: who will buy Treasuries when QE2 stops?
3) U.S. Posts Record Monthly Budget Deficit
4) Greek debt price soars as Moody’s cuts credit rating below Egypt
5) Moody’s downgrades Spain
6) Europe Debt Crisis May Boil to Surface This Week
7) EU paralysis drives fresh bond rout

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

March 5, 2011: Weekly 5 minute update (Audio Only)

Friday, March 4th, 2011

You may view the 5 minute update this week via audio:

1) Listen to the 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 possibility of war with Iran
3) The possibility that political instability could develop in Saudi Arabia
4) The events leading to the decline of the US dollar as the world’s reserve currency

The PLO have a strategic plan for the UN Security Council to recognize a PLO state with East Jerusalem as its capital by this September. If Israel doesn’t agree to a negotiated PLO state by this September then Norway has threatened to recognize a PLO state at that time.  Meanwhile, the Quartet (US, EU, UN and Russia) is having a meeting on March 15 in Paris seeking to move the peace process forward and invited Israel and the PLO to attend. Israel decided not to attend because there were to be no direct negotiations. Because of international pressure upon Israel regarding the stalemate of peace talks, PM Benjamin Netanyahu is seeking to make a speech outlining a new Israeli peace plan that is believed to be an interim agreement with a promise to establish permanent borders in a specified time frame. Upon hearing of this idea, the PLO have rejected it.  As a result, Netanyahu is discussing making a policy speech on the peace process in the USA in May. Defense Minister Ehud Barak stated that if Israel is going to make peace with the PLO then Kadima would have to join the current Israeli government as he believes that the right-wing parties would not agree to a peace agreement. Recently, Israel tore down an illegal outpost in the West Bank. As a result, settlers in the West Bank protested. Israel’s defensive shield against enemy missiles called ‘Iron Dome’ is now ready to be installed. Finally, a Western diplomat in Jordan has indicated that Israel isinterested in going to war with Syria and Hezbullah.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) Palestinians Seek New Path to State
2) Norway may recognize Palestinian state if peace process remains stalled
3) Blair in Jerusalem ahead of upcoming Quartet meeting
4) Israel skips Quartet meet, as PM eyes interim deal
5) PM told Abbas Israel demands to hold 40% of W. Bank
6) PM mulling new initiative on Palestinian statehood
7) Netanyahu mulls Palestinian state with temporary borders as part of interim peace deal
8.) PA rejects Netanyahu’s conditions for discussing borders
9) Abbas: We won’t accept interim peace deal
10) PM likely to unveil diplomatic initiative in DC in May
11) Netanyahu: Binational state would be disastrous for Israel
12) Barak: Make-up of government is problematic for advancing peace
13) Settlers block roads, train tracks on ‘Day of Rage’
14) Report: ‘Iron Dome’ Nears Completion
15) Israel planning new war on neighbors

Iran is now planning to build a permanent naval base in Syria. This development is causing great concern for the USA and Israel. This event increases the risk of instability in the region and possible war with Iran.

A US war with Iran is a tribulation event.

The link to these articles are as follows:

1) Iran to build permanent naval base in Syria
2) Clinton warns of Iranian efforts to fill ME power vacuum

We are now watching for the possibility of political unrest to develop in Saudi Arabia beginning this March 11 as a “day of rage” has been planned. There is now political instability in Bahrain. Iran is supporting the Shi’ite minority while Saudi Arabia is supporting the Sunni majority government.  Because of rumblings of Shi’ite unrest in Saudi Arabia that coud threaten the stability of the Saudi government, the Saudi stock market dropped by 7% this week. If the Saudi government has instability and the supply of oil is disrupted then oil could rise to $200 per barrel.

The link to this article is as follows:

1) Bahrain May Be Uprising Too Far for Saudis Avoiding Iran’s Grip
2) Tehran’s hands-off threat to Riyadh incites Saudi Shiites to revolt
3) Saudi Arabia contagion triggers Gulf rout
4) Saudi Arabia Uprising Could Mean $200 Oil

China now holds nearly $1.2 Trillion dollars of the $4.4 Trillion dollars of US Debt held by foreign nations.  It is being reported that the dollars reign as the world’s primary reserve currency is coming to an end. The influence of the Chinese currency is on the rise as China aims to settle nationwide trade in its own currency by the end of 2011.  This will put further pressure on the international status of the US Dollar.

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:

1) China now owns $1.16 trillion of U.S. debt
2) Why the Dollar’s Reign Is Near an End
3) China aims to settle nationwide trade in yuan by 2011

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

February 26, 2011: Weekly 5 minute update (Audio Only)

Saturday, February 26th, 2011

You may view the 5 minute update this week via audio:

1) Listen to the 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 possibility of war with Iran
3) The situation with Libya and the Middle East

Israel had welcome words for the US veto of a UN Security Council Resolution declaring Israel building in the West Bank and East Jerusalem as being ‘illegal’ under international law. In doing so, Netanyahu stated that he desired a solution with the PLO which entails a PLO state with meets the needs of Israel’s security.  The Quartet (UN, US, EU and Russia) is seeking to meet separately with the PLO and Israel to restart peace talks bringing up all outstanding issues of the conflict.  There is a Quartet meeting in mid-March.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) PM Netanyahu’s response to the US veto at the Security Council
2) Quartet tries new Israeli-Palestinian peace bid

Regarding Iran, two Iranian warships have crossed the Suez Canal for the first time since 1979. Israel newspaper is reporting that these ships are carrying missiles of different range, rifles, and ammunition for Hezbollah. This event increases the risk of instability in the region and possible war with Iran.

A US war with Iran is a tribulation event.

The link to this article is as follows:

1) Israel Says Iranian Warships Carry ‘Advanced Hezbollah Weapons’

Regarding the situation in Libya, Obama has signed an executive order to freeze the assets of Gadhafi, his family, top officials within the government and the Libyan government itself. If sanctions become international, this could contribute to the further increase of oil prices as Libya exports over 1 million barrels of oil a day and is the #1 producer of oil in North Africa. This update contains a 32 minute update from Pastor Lindsey Williams who is now revealing that this unrest in the Middle East is wanted by the global elite and that it will result in $200 a barrel price for oil, the collapse of the US dollar and the creation of a global currency.

The link to this article is as follows:

1) U.S. imposes unilateral sanctions on Libya, freezes Gadhafi’s assets

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

February 19, 2011: Weekly 5 minute update (Audio Only)

Friday, February 18th, 2011

You may view the 5 minute update this week via audio:

1) Listen to the 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 situation in Egypt and a political rift between the USA and Saudi Arabia
3) The possibility of war with Iran
4) The US budget deficit and France wanting a world currency

A UN Security Council Resolution which declares Israel building in the West Bank and East Jerusalem as being ‘illegal’ was vetoed by the US on Friday even though the US opposes Israel building in the West Bank and East Jerusalem. The 14 other Security Council members approved the measure. US President Barack Obama called Mahmood Abbas to persuade him to accept a compromise wherein the US would support a non-binding statement similar to the UN Resolution in exchange for the US calling for the establishment of a PLO state based on the 1967 borders with East Jerusalem as its capital in next month’s Quartet meeting. However. Mahmood Abbas rejected the offer and called for an emergency PLO Executive Committee meeting to discuss the issue.  Meanwhile, the EU’s foreign ministry Catherine Ashton is calling for the establishment of a PLO state by September. British Foreign Secretary William Hague is also calling for the international community to recognize a PLO state based upon 1967 borders with East Jerusalem as its capital.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) UNSC expected to vote on anti-settlement resolution
2) Obama calls Abbas in bid to prevent UN vote on settlements
3) UN set to vote on settlement resolution; U.S. set to veto
4) Abbas calls emergency PLO, Fatah meeting over UN resolution
5) Deying the US, PA pushes for UN anti-settlement vote
6) US vetoes UN resolution condemning settlements as illegal
7) EU’s Ashton targets Palestinian state by September
8.) British Foreign Secretary: Hague warns on Mid East peace talks

Regarding the situation in Egypt, the Muslim Brotherhood is seeking to establish a political party with the goal to implement Sharia law in Egypt. Saudi Arabia’s King Abdullah who is close friends with Hosni Mubarak was deeply upset with Barack Obama believing that the US abandoned the former Egyptian leader much too quickly and with very little political support of him. This is creating a lack of trust in Saudi Arabia that the US will do the same to it. As a result, Saudi Arabia is seeking to become more friendly with Iran. In a token of the trust with Saudi Arabia, former Egyptian President Hosni Mubarak transferred his wealth from Europe to Saudi Arabia.

The link to these articles are as follows:

1) Egypt’s Muslim Brotherhood To Form Political Party
2) Muslim Brotherhood Official: We Want Sharia Law in Egypt
3) Deep US-Saudi rift over Egypt: Abdullah turns to Tehran
4) Mubarak moves vast assets from Europe to Saudi Arabia

Regarding Iran, two Iranian warships have been given permission by Egypt to cross the Suez Canal.  Israel believes that one of the ships contains long-range missiles for Hizballah which it plans to unload in Syria.  This event could fuel the fire to spark a regional war in the Middle East. Meanwhile, Iran is seeking to destabilize Bahrain to gain greater influence in the Persian Gulf.  These developments are a major threat to world oil supplies and the price of oil with potential adverse consequences for the entire world economy.

A US war with Iran is a tribulation event.

The link to this article is as follows:

1) Two Iranian warships transit Suez for Syria, tighten siege on Israel
2) Egypt agrees to let 2 Iranian vessels transit Suez Canal
3) Israel on high alert for Iranian warships’ Suez transit. Kharg brings missiles
4) Iran roils Bahrain to stir Saudi, Gulf Shiite revolts, executes own protesters

President Barack Obama has submitted his new budget to Congress. It estimates that the fiscal deficit for 2011 will exceed 1.5 Trillion dollars. Furthermore, it predicts over a Trillion dollar US deficit for the next 10 years raising the total US Federal debt to over 26 Trillion dollars during this time. Meanwhile, France is calling for a new global financial system which would replace the US dollar as the world’s reserve currency calling for a one world currency based upon the IMF SDR’s (Special Drawing Rights) which would seek to include the Chinese Yuan in a basket of currencies which establishes the value for the potential new world currency.

A collapse of the US dollar and the establishment of one world currency is a tribulation event.

The link to this article is as follows:

1) Barack Obama tests bond markets with mega-deficits
2) Obama Budget Doubles National Debt to $26.3 Trillion in 10 Years
3) France wants new global finance system

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

February 12, 2011: Weekly 5 minute update (Audio Only)

Sunday, February 13th, 2011

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on several things:

1) The current status of the Israel / PLO peace process
2) US meddling in Egypt
3) Events toward a North American Union
4) Prospects for a new world currency

The Quartet held their February 5 meeting regarding the Middle East peace conference in Munich, Germany. They released a statement saying that a Israel / PLO peace agreement should be through negotiations. The PA was disappointed because they wanted the Quartet to endorse the borders of a future PLO state with East Jerusalem as its capital. Meanwhile Israel announced new building in East Jerusalem which the US condemned indicating it being unhelpful in creating the conditions to make East Jerusalem the capital of a PLO state.  Because of the civil unrest in Egypt and fearing that it could spread across the Middle East, chief PLO negotiator Saeb Erekat resigned and announced new PLO elections for September. Israel Defense Minister Ehud Barak visited the US to discuss the situation in Egypt and Israel’s security. George Soros is creating a financial fund to aid economic development for a future PLO state.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1) Quartet refuses to endorse unilateral state – PA Upset
2) Mideast Quartet: Israel-PA peace talks must advance quickly due to Egypt unrest
3) US Official: Israel’s actions in East Jerusalem go against Mideast peace efforts
4) US Officials emphasize commitment to Israel security
5) Erekat resigns as PA announces September elections
6) Obama, Soros create ‘Palestine’

Egyptian President Hosni Mubarak resigned as President of Egypt. Mubarak expressed displeasure in the way in which the US treated him throughout the uprising. In leaving office, Mubarak stated that he believes that Egypt and other Middle East governments will have greater problems this year dealing with radical Islam. The US may have had a role to play in the unrest in Egypt. During the Bush administration, the US developed a vision for the Middle East called the “New Middle East Project” outlined in the “Clash of Civilizations” essay which appeared in the “Foreign Affairs” magazine. The goal is a “new map” of the Middle East. The long term goal is for the US to control the financial institutions and the oil reserves of the Middle East. In any future government of Egypt, there is a concern of the influence of the Muslim Brotherhood. Meanwhile, George Soros is one of 8 members of the ICG executive committee who has funded organizations opposed to traditional US allies in the Middle East.

The link to these articles are as follows:

1) Mubarak slammed US in phone call with Israeli MK before resignation
2) Obama proves Osama was right
3) The G8 Map of Washington’s Greater Middle East extends right to the borders of China and Russia and West to Morocco
4) Muslim Brotherhood awakens terrorist wing
5) Soros fingerprints on Mideast chaos

An agreement was made this week between the USA and Canada to establish a regulatory council to unify the security and economic elements of both countries. This is the beginning of the implementation of the SPP (Security and Prosperity Partnership) established under the Bush administration. This is part of the effort to eventually create a North American Union consisting of the USA, Canada and Mexico.

1) Obama creates World’s First Superstate With US-Canada Merger
2) New Harper / Obama Border Deal about Corporate Power – Not Security and Trade
3) North America Union Advances with New Declaration

Portugal 10-year interest rates are rising causing intervention by the European Central Bank. Because of this, there is a concern that the same financial crisis which has happened to Greece and Ireland could happen to Portugal. A top Federal Reserve spokesperson indicates that the US can’t grow itself out of its current debt problems. Meanwhile, the IMF is again calling for a global currency whose value is tied to a basket of currencies called ‘Special Drawing Rights’ (SDR’s). When the US dollar collapses there will be a need for a new world reserve currency.

A collapse of the US dollar and the establishment of one world currency is a tribulation event.

The link to this article is as follows:

1) European debt crisis threatens Portugal
2) Fed’s Lockhart: US Can’t Grow Out of Debt Problems
3) IMF calls for dollar alternative
4) International Monetary Fund director Dominique Strauss-Kahn calls for new world currency

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