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) Policies that weaken the US dollar and insider selling on Wall Street
3) The current situation with Iran
The Palestinians are indicating that the US will probably wait until after the US elections to apply any significant pressure against Israel to agree to a PLO state based upon 1967 borders with East Jerusalem as it’s capital. Former President Jimmy Carter indicated that if Israel doesn’t agree to a PLO state that economic sanctions might be placed upon Israel. The PLO are indicating that they intend to get the USA through a UN Security Council Resolution to declare Israel building in the West Bank and East Jerusalem as illegal under international law. In addition, the PLO are indicating that they also want the UN Security Council to recognize a PLO state with East Jerusalem as its capital through a UN Security Council Resolution. The United Nations have indicated that they will recognize a PLO state by August 2011. Mahmood Abbas is also trying to lobby the Quartet (UN, US, European Union and Russia) to recognize a PLO state through the UN. However, the European Union says that this is not the time to recognize a PLO state through the UN. The Vatican called for the establishment of a PLO state and an end to Israel settlement building. The US is trying to get Israel to agree to a three month settlement freeze extension. An Israeli ambassador indicates that Israel may be willing to agree to a three month settlement freeze extension however Israel doesn’t have the votes in the inner cabinet to extend the settlement freeze.
An agreement to divide Jerusalem and establish a PLO state is a tribulation event.
The link to these articles are as follows:
1) Sha’ath: Talks on hold until US election
2) See where Obama’s wrath is headed after midterms
3) Carter vows to push for sanctions against Israel
4) Palestinians: Netanyahu harming chance for peace by approving East Jerusalem construction
5) Abbas ponders ‘all options’ amid stalled peace talks
6) Palestinians plan UN resolution calling for settlement evacuation
7) Abbas: PA will ask UN to recognize Palestinian state
8) Abbas: We’ll demand UN recognition within months
9) Arabs May Ask UN To Recognize Palestinian State
10) UN backs Palestinians plans for statehood by August
11) Is U.N. ‘declaration’ a Palestinian solution?
12) Abbas urges the Quartet to realize Palestinian statehood
13) EU diplomat: “Difficult” to recommend Palestinians turn to UN
14) Vatican synod calls for end to Israel’s ‘occupation’
15) ‘Gov’t working with US to ensure peace talks continue’
16) Washington pushes prospect of Middle East peace deal
17) Report: U.S. proposes Israel lease lands from Palestinians under future deal
18) Israeli minister hints that talks with the Palestinians might renew next month
19) INTERVIEW-Israel might extend settlements freeze-ambassador
20) 3-month settlement freeze
21) PM lacks majority in any cabinet forum to renew moratorium
The Federal Reserve is preparing to announce that it will print money to pay for US debt. The IMF says that the dollar is overvalued. These are signs that the US dollar is on a path toward devaluation. Meanwhile, there has been a significant increase in insider selling on Wall Street.
A collapse of the US dollar and the establishment of one world currency is a tribulation event.
The link to these articles is as follows:
1) Fed Gears Up for Stimulus
2) IMF says dollar is overvalued, while yuan is ‘substantially undervalued’
3) Dollar at Risk of Becoming ‘Toxic Waste’: Charts
4) Selling Volume at Highest Level Ever Tracked
Regarding Iran, Secretary of State Hilliary Clinton said that the US has no problem with Iran having the Bushehr nuclear plant. Meanwhile, the US has deployed a second aircraft carrier in the Persian Gulf.
A US war with Iran is a tribulation event.
The link to this article is as follows:
1) Clinton: US has no problem with Bushehr atomic plant
2) US deploys second air carrier in Persian Gulf with 60 warplanes
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