You may view the 5 minute update this week via audio:
In this week’s 5 minute update, we focused on:
1) The current status of the Israel / PLO peace process
2) The European Debt Crisis
The US and the EU are making a last minute attempt to persuade the PLO from submitting an application for recognition of a PLO state at the UN at the end of September. Ex-Middle East envoy George Mitchell says that it is unlikely that the US can prevent the PLO from submitting their application to the UN. The PLO insist that they will submit their application to the UN despite US and EU pressure. The US reiterated that they will veto the PLO request at the UN Security Council. Israel called for the resumption of direct peace talks with the PLO. The PLO are maintaining their position that they will only enter into direct talks with Israel if Israel stops building in the West Bank and East Jerusalem. Mahmood Abbas stated that the PLO is willing to have direct talks with Israel after the UN recognizes a PLO state. The Arab League called for a boycott against Israel. The French Middle East envoy got fired for opposing a 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) US Desperate to Resurrect Peace Process
2) US Sending Diplomats to Talk to Abbas
3) PLO official: US obsessed with preventing UN state bid
4) Abbas talking with US, EU reps ahead of UN bid
5) Differences with US on UN bid still wide, Palestinians say
6) Mitchell: “Little likelihood” US can avert Palestinian UN bid
7) Palestinians deploy Obama speech in U.N. campaign
8.) Palestinian statehood bid ‘papers ready’
9) Palestinians officially begin UN state bid plans
10) PLO denied Thursday that it had submitted an official request to the United Nations to recognize Palestine as a member of the world body
11) US confirms it will veto Palestinian statehood bid
12) French Mideast envoy fired for opposing Palestinian UN bid
13) Palestinians to push ahead with bid for UN membership despite pressure
14) Palestinians will resume peace talks with Israel after UN recognition of state, Abbas says
15) Palestinians have a strategy if statehood bid is vetoed
16) Arab League Calls For Serious Boycott Of Israel
17) Netanyahu calls for direct peace talks
18) Netanyahu again calls for talks without conditions
19) Robert Gates: Israel an ungrateful ally
20) Robert Gates Says Israel Is an Ungrateful Ally: Jeffrey Goldberg
Concerns over the European debt crisis is causing some to speculate that the debt problems in Greece and Italy could cause the collapse of the euro. As a solution to the problem, european leaders are calling for a central european financial agency. George Soros expressed his thoughts that the european debt crisis is worse than Lehman brothers who collapsed in the fall of 2008. Opposition is growing in Greece and Italy among the people to government austerity programs.
Worldwide economic collapse resulting in a one-world currency is a tribulation event.
The link to these articles are as follows:
1) Euro Land May Face Full-on Bond Meltdown: Economist
2) Fears of eurozone contagion spread
3) Europeans Talk of Sharp Change in Fiscal Affairs
4) Why Eurozone should become United States of Europe, by David Cameron
5) Soros: Crisis ‘Worse Than Lehman’
6) Italy grinds to a halt as THREE million strike over €45bn (£39.5bn) austerity package
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