You may view the 5 minute update in two ways:
1) Listen to the audio
2) Watch the video
In this week’s 5 minute update, we focused on three things:
1) The current status of the Israel / PLO peace process
2) The USA and Iranian nuclear issue
3) Economic reports of the health of the US economy
Regarding the current situation with the Israel / PLO peace process, peace talks will last for 4 months until September. Obama reiterated that if peace talks fail that he will seek to impose a solution. The PLO offered to accept NATO troops in a future PLO state. According to the PLO, final status issues were discussed in this weeks indirect talks. The PLO is willing to do a small land exchange with Israel as part of a peace agreement.
An agreement to divide Jerusalem and establish a PLO state is a tribulation event.
The link to these articles are as follows:
1) Obama threatens to impose Palestinian state
2) Arabs want peace progress by September
3) US envoy and Abbas discuss final status issues
4) PLO willing to have NATO forces in future state
5) WSJ: Palestinians make surprisingly large land offer to Israel
Regarding Iran, Russia said that they intend to sell advanced missile systems to them. In the past week, Russia solidified an alliance between them, Syria, Iran and Turkey. Meanwhile, the USA is sending more aircraft carriers to the Gulf and plan on having 4 or 5 aircraft carriers within striking distance of Iran in late July or early August.
The link to these articles are as follows:
1) Russia: We’ll sell advanced missile system to Iran
2) A northern alliance: Strategy shift in the Middle East
3) Obama starts massive US Air-Sea-Marine build up opposite Iran
A US war with Iran is a tribulation event.
Regarding the US economy, 10% of all US homeowners missed at least one mortgage payment in the first quarter of 2010. In addition, 10% of US banks are on the problem watch list.
The link to these articles are as follows:
1) Mortgage delinquencies drag on economic recovery
2) FDIC Banking Profile: 775 Problem Banks
The collapse of the US dollar and the world economy is a tribulation event.
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