| |||||||||||||||||
|
|
Standing in support of Israel, Jews, and believers in all the nations, in the name of Jesus (Yeshua). Sharing biblical truth, encouragement, news and prophecy.
Monday, October 3, 2016
The Feast of Trumpets heralds a new era of Jewish / Arab unity in the Kingdom - ONE FOR ISRAEL
Prophetic Fulfillment in Israel's Heart ✡ "You Shall Possess It" - ISRAEL365
| ||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||
|
Sunday, October 2, 2016
Rosh Hashanna - Shana Tova (Happy New Year) 5777
Blessings to all our Jewish friends, in Israel and beyond.
Shana Tova,
Steve & Laurie Martin
Co-Founders
Love For His People
Saturday, October 1, 2016
What CBN's Chris Mitchell Saw Near the Frontlines with ISIS - CBN News
CBN News 09-30-2016
When ISIS militants stormed northern Iraq declaring an Islamic caliphate in 2014, thousands fled their homes or were killed.
Many were Christians and religious minorities who were threatened to convert to Islam or be killed.
A statement released by ISIS specifically warned Christians saying, "You will not have safety, even in your dreams, until you embrace Islam."
Today some 100,000 ethnic and religious minorities try to find a glimmer of safety in overcrowded refugee camps. Others were not so lucky, having fallen by the sword of Islamic militants.
Just outside the city of Sinjar, Iraq, thee are more than 20 mass graves, the final burial place of those who died at the hands of the Islamic State.
More than 1,500 Yazidis, mostly men, were killed and buried there. Clothes, teeth, and human bones are still left in the graves, a sober reminder of the serious threat ISIS poses in the region.
As the battle to retake ISIS territory continues to wage on, many expect to see dozens of more mass graves.
CBN Middle East Bureau Chief Chris Mitchell recently returned from near the frontlines in the battle against ISIS. He met with Christian refugees who had plenty of horrific stories to tell. He spoke with Christian World News about what he saw.
Click HERE to watch.
Deutsche Bank Collapse: The Most Important Bank In Europe Is Facing A Major ‘Liquidity Event’ - Michael Snyder THE ECONOMIC COLLAPSE BLOG
Posted: 30 Sep 2016 Michael Snyder THE ECONOMIC COLLAPSE BLOG
The largest and most important bank in the largest and most important economy in Europe is imploding right in front of our eyes. Deutsche Bank is the 11th biggest bank on the entire planet, and due to the enormous exposure to derivatives that it has, it has been called “the world’s most dangerous bank“.
Over the past year, I have repeatedly warned that Deutsche Bank is heading for disaster and is a likely candidate to be “the next Lehman Brothers”. If you would like to review, you can do so here, here and here.
On September 16th, the Wall Street Journal reported that the U.S. Department of Justice wanted 14 billion dollars from Deutsche Bank to settle a case related to the mis-handling of mortgage-backed securities during the last financial crisis. As a result of that announcement, confidence in the bank has been greatly shaken, the stock price has fallen to record lows, and analysts are warning that Deutsche Bank may be facing a “liquidity event” unlike anything that we have seen since the collapse of Lehman Brothers back in 2008.
At one point on Friday, Deutsche Bank stock fell below the 10 euro mark for the first time ever before bouncing back a bit. A completely unverified rumor that was spreading on Twitter that claimed that Deutsche Bank would settle with the Department of Justice for only 5.4 billion dollars was the reason for the bounce.
But the size of the fine is not really the issue now. Shares of Deutsche Bank have fallen by more than half so far in 2016, and this latest episode seems to have been the final straw for the deeply troubled financial institution. Old sources of liquidity are being cut off, and nobody wants to be the idiot that offers Deutsche Bank a new source of liquidity at this point.
As a result, Deutsche Bank is potentially facing a “liquidity event” on a scale that we have not seen since the financial crisis of 2008. The following comes from Zero Hedge…
In other words, Deutsche Bank may be entering a death spiral that may be impossible to stop without a government bailout, and the German government has already stated that there will be no bailout for Deutsche Bank.
Banking customers have a total of approximately 566 billion euros deposited with the bank, and even if a small fraction of those clients start demanding their money back it is going to cause a major, major crunch.
Deutsche Bank CEO John Cryan attempted to calm nerves on Friday by releasing a memo to employees that blamed “speculators”for the decline in the stock price…
One of the reasons why Deutsche Bank is considered to be so systemically “dangerous” is because it has 42 trillion euros worth of exposure to derivatives. That is an amount of money that is 14 times larger than the GDP of the entire nation of Germany.
Some firms that were derivatives clients of the bank have already gotten spooked and have moved their business to other institutions. It was this report from Bloomberg that really helped drive down the stock price of Deutsche Bank earlier this week…
Monday is a banking holiday for Germany, so we may not see anything major happen until Tuesday.
An announcement of a major reduction in the Department of Justice fine may buy Deutsche Bank some time, but any reprieve would likely only be temporary.
What appears to be more likely is the scenario that Jeffrey Gundlach is suggesting…
The complete and total collapse of Deutsche Bank would be an event many times more significant for the global financial system than the collapse of Lehman Brothers was. Global leaders simply cannot afford for such a thing to happen, but without serious intervention it appears that is precisely where we are heading.
Personally, I don’t know exactly what will happen next, but it will be fascinating to watch.
Over the past year, I have repeatedly warned that Deutsche Bank is heading for disaster and is a likely candidate to be “the next Lehman Brothers”. If you would like to review, you can do so here, here and here.
On September 16th, the Wall Street Journal reported that the U.S. Department of Justice wanted 14 billion dollars from Deutsche Bank to settle a case related to the mis-handling of mortgage-backed securities during the last financial crisis. As a result of that announcement, confidence in the bank has been greatly shaken, the stock price has fallen to record lows, and analysts are warning that Deutsche Bank may be facing a “liquidity event” unlike anything that we have seen since the collapse of Lehman Brothers back in 2008.
At one point on Friday, Deutsche Bank stock fell below the 10 euro mark for the first time ever before bouncing back a bit. A completely unverified rumor that was spreading on Twitter that claimed that Deutsche Bank would settle with the Department of Justice for only 5.4 billion dollars was the reason for the bounce.
But the size of the fine is not really the issue now. Shares of Deutsche Bank have fallen by more than half so far in 2016, and this latest episode seems to have been the final straw for the deeply troubled financial institution. Old sources of liquidity are being cut off, and nobody wants to be the idiot that offers Deutsche Bank a new source of liquidity at this point.
As a result, Deutsche Bank is potentially facing a “liquidity event” on a scale that we have not seen since the financial crisis of 2008. The following comes from Zero Hedge…
It is not solvency, or the lack of capital – a vague, synthetic, and usually quite arbitrary concept, determined by regulators – that kills a bank; it is – as Dick Fuld will tell anyone who bothers to listen – the loss of (access to) liquidity: cold, hard, fungible (something Jon Corzine knew all too well when he commingled and was caught) cash, that pushes a bank into its grave, usually quite rapidly: recall that it took Lehman just a few days for its stock to plunge from the high double digits to zero.The more the stock price drops, the faster other financial institutions, investors and regular banking clients are going to want to pull their money out of Deutsche Bank. And every time there is news about people pulling money out of the bank, that is just going to drive the stock price even lower.
It is also liquidity, or rather concerns about it, that sent Deutsche Bank stock crashing to new all time lows earlier today: after all, the investing world already knew for nearly two weeks that its capitalization is insufficient. As we reported earlier this week, it was a report by Citigroup, among many other, that found how badly undercapitalized the German lender is, noting that DB’s “leverage ratio, at 3.4%, looks even worse relative to the 4.5% company target by 2018″ and calculated that while he only models €2.9bn in litigation charges over 2H16-2017 – far less than the $14 billion settlement figure proposed by the DOJ – and includes a successful disposal of a 70% stake in Postbank at end-2017 for 0.4x book he still only reaches a CET 1 ratio of 11.6% by end-2018, meaning the bank would have a Tier 1 capital €3bn shortfall to the company target of 12.5%, and a leverage ratio of 3.9%, resulting in an €8bn shortfall to the target of 4.5%.
In other words, Deutsche Bank may be entering a death spiral that may be impossible to stop without a government bailout, and the German government has already stated that there will be no bailout for Deutsche Bank.
Banking customers have a total of approximately 566 billion euros deposited with the bank, and even if a small fraction of those clients start demanding their money back it is going to cause a major, major crunch.
Deutsche Bank CEO John Cryan attempted to calm nerves on Friday by releasing a memo to employees that blamed “speculators”for the decline in the stock price…
Instead of doing what many have correctly suggested he should be doing, namely focusing on ways to raise more capital for the undercapitalized Deutsche Bank in order to stem the slow (at first) liquidity leak, first thing this morning CEO John Cryan issued another morale-boosting note to employees of Deustche Bank who have been watching their stock price crash to another record low, dipping under €10 in early trading for the first time ever. In the memo the embattled CEO worryingly did what Dick Fuld and other chief executives did when they felt the situation slipping out of control, namely blaming evil “rumor-spreading” shorts, saying “our bank has become subject to speculation. Ongoing rumours are causing significant swings in our stock price. … Trust is the foundation of banking. Some forces in the markets are currently trying to damage this trust.”If you would like to ready the full memo, you can do so right here.
Just as important, Cryan confirms the Bloomberg report that “a few of our hedge fund clients have reduced some activities with us. That is causing unjustified concerns.” As we explained last night, the concerns are very much justified if they spread to the biggest risk-factor for the German bank: its depositors, which collectively hold over €550 billion in liquidity-providing instruments.
One of the reasons why Deutsche Bank is considered to be so systemically “dangerous” is because it has 42 trillion euros worth of exposure to derivatives. That is an amount of money that is 14 times larger than the GDP of the entire nation of Germany.
Some firms that were derivatives clients of the bank have already gotten spooked and have moved their business to other institutions. It was this report from Bloomberg that really helped drive down the stock price of Deutsche Bank earlier this week…
The funds, a small subset of the more than 800 clients in the bank’s hedge fund business, have shifted part of their listed derivatives holdings to other firms this week, according to an internal bank document seen by Bloomberg News. Among them are Izzy Englander’s $34 billion Millennium Partners, Chris Rokos’s $4 billion Rokos Capital Management, and the $14 billion Capula Investment Management, said a person with knowledge of the situation who declined to be identified talking about confidential client matters.So what comes next?
“The issue here is now one of confidence,” said Chris Wheeler, a financial analyst with Atlantic Equities LLP in London.
Monday is a banking holiday for Germany, so we may not see anything major happen until Tuesday.
An announcement of a major reduction in the Department of Justice fine may buy Deutsche Bank some time, but any reprieve would likely only be temporary.
What appears to be more likely is the scenario that Jeffrey Gundlach is suggesting…
It will be very interesting to see how desperate things become before the German government finally gives in to the pressure.But Jeffrey Gundlach, chief executive of DoubleLine Capital, said investors betting that Berlin would not rescue Deutsche could find themselves nursing big losses.‘The market is going to push down Deutsche Bank until there is some recognition of support. They will get assistance, if need be,’ said Gundlach, who oversees more than $100 billion at Los Angeles-based DoubleLine.
The complete and total collapse of Deutsche Bank would be an event many times more significant for the global financial system than the collapse of Lehman Brothers was. Global leaders simply cannot afford for such a thing to happen, but without serious intervention it appears that is precisely where we are heading.
Personally, I don’t know exactly what will happen next, but it will be fascinating to watch.
Shimon Peres funeral, 27 Elul, the day the Oslo Accords were signed - ARUTZ SHEVA 7
Shimon Peres funeral, 27 Elul, the day the Oslo Accords were signed
The architect of Oslo has been called to give account in the Heavens today, during the period when all Jews are judged for their past actions.Today's date is Elul 27 which fell on September 13 in 1993, the very day the Oslo Accords were signed.
Rabbi Yoel Domb, 30/09/16 07:58
Share
Rabbi Yoel Domb
The writer is an educator and translator living in Jerusalem. He has also written extensively on business ethics and his latest book was published recently by Machon Keter on the relationship between the individual and the government.This cannot be a coincidence. More than any of his considerable life achievements, Shimon Peres was proud of the fact that he succeeded in turning the PLO from a mortal enemy of Israel into a partner for peace. Peres believed that making peace with the Palestinians would ultimately lead all the surrounding Arab countries to lay down their arms and initiate peace with Israel.
The core of the Arab-Israeli conflict, the Palestinian problem and the refugee issue could only be resolved in his view by negotiations with a Palestinian leadership. When such a leadership did not present itself, Israel endeavored to negotiate first with King Hussein of Jordan and then the more dovish elements in Israeli politics, spearheaded by Yossi Beilin but aided by the older and more prestigious Peres, decided to break the taboo against dealing with terrorist organizations and to negotiate with the PLO over the future of the West Bank.
The mere idea of negotiating with the Tunis-based terrorist leadership seemed utterly incomprehensible to many. The PLO had fought Israel since 1964, well before the Six Day War returned Israel to Judea and Samaria. It was a sworn enemy of Israel with clauses in its charter calling for the destruction of Israel and creation of a Palestinian state between the Jordan and the sea. In 1982, after a protracted campaign in Lebanon, Israel had succeeded in ousting the terror group from South Lebanon, where it had disrupted normal life in the Galilee for a decade.
Yassir Arafat and his henchmen were dispatched to Tunis where it was hoped they would not trouble Israel again too soon. To make overtures to such murderous enemies seemed to add insult to the significant injury they had already caused Israel.
Yet Peres and his advisors felt that the first intifada had demonstrated the futility of achieving a modus vivendi with the indigenous Arab population of Judea and Samaria. They naively assumed that just as giving a schoolboy troublemaker a position of authority may cause an improvement in his churlish behavior, a long shot at best, bringing the PLO to prominence in the 'West Bank' might reform its attitude to Israel and even transform the erstwhile terrorists into lawmakers and policemen.
The accords were signed in 1993 and after huge public protests arose in Israel, the Knesset ratified the accords by a single vote - that of Alex Goldfarb who was presented with a Mitsubishi in honor of his crossing party lines to approve the accords.
Peres and Rabin ignored the opposition and even mocked them at times. They ridiculed the notion that terror might erupt in Gaza, that rockets might fall in Ashkelon and that the 'West Bank' might serve as a platform for attacks on the center of Israel.
The first signs that things were not going to go as planned were visible in 1994, the year Peres and Arafat received the Nobel peace prize for their efforts. Arafat's PLO refused to abrogate or even modify their charter, meaning that their signatures on the peace treaty were not an assertion of Israel's right to exist but merely a hudna, a tactical treaty designed to enable the Palestinian Arabs to establish themselves in Judea and Samaria before continuing their offensive against Israel.
Arafat may have mouthed condemnations of violence to the foreign press but he made no attempt to stop incitement against Israel in the Palestinian Authority media, nor did he try to curb extremist groups from performing attacks on Israelis unless they challenged his authority. Moreover he made no secret of the fact that Jewish settlement in the entire Judea and Samaria was illegal in his eyes and therefore the settlers were legitimate targets for indiscriminate terror attacks even from the ranks of his own Fatah organization. These attacks were met with little political criticism from the ranks of the ruling party, despite the fact that the Oslo accords did not make settlement illegitimate and left decisions on future withdrawals contingent on final status talks.
At this juncture the Oslo accords required the Israeli authorities to arm the Palestinian Authority police set up by Arafat. Huge protests arose in Israel at the anomaly of Israel providing weaponry to people still openly hostile to large segments of Israeli society. Notwithstanding the fact that policemen are responsible for maintaining the peace and not for fighting wars, the policemen were outfitted with rifles.
In the ensuing years, these weapons would be turned on Israelis, who unwittingly would pay for their own deaths by providing their killers with the means to murder them. The poetic injustice however was lost on the Oslo designers who still continued to maintain their whimsical dream of a lasting peace being achieved.
That dream was rudely shattered in the spring of 1996, ironically while Peres himself was prime minister after Rabin's assassination. In the wake of the assassination of Yihya Ayyash, mastermind of many of the dastardly bus bombings which had rocked Israel during the years after the Oslo accords, a new spate of suicide bombings drove public opinion against Oslo and its chief architect Peres and despite the shock of Rabin's murder half a year previously, Peres was driven from power.
The Oslo process received its death knell five years later. After Ehud Barak offered by far the most generous concessions ever presented by an Israeli premier and Arafat had soundly rejected them, it became clear that even the most moderate Palestinian Arabs were not peace partners for Israel, much as Peres still wanted to believe they were. The second intifada killed off any hopes that the Palestinian Authority would do anything to prevent terror activity in Judea and Samaria, while many Fatah members actively participated in attacks on Jews.
The educational materials being disseminated in the Palestinian Authority as well as their media and clergy constantly incited against Israel. The voice of peace and conciliation was only heard on the Israeli side, while no moderate voices emerged among the Palestinian Arabs. Peres' dream of a New Middle East was rapidly crumbling.
With the Gaza disengagement and the rise of Hamas as the vibrant political force there, it has become increasingly clear that there is no partner capable of negotiating any kind of peace agreement with Israel. In Lebanon, Hizbullah exploited the vacuum left by Israel to expand their terrorist base and rocket system. In Gaza Hamas dig tunnels and prepare rockets to shoot much further than Ashkelon. Syria, riven by a bloody civil war, is in no condition to make peace. And the feckless Palestinian Authority has neither the will not the capability to contain more radical elements.
In his lifetime Peres knew many resounding successes. He was responsible for Israel's military rearmament after the War of Independence, as well as establishing Israel's nuclear capability and had a part in directing the incredible Entebbe operation. But when he is called to give his final account on Friday, 27 Elul, he will be forced for the first time to acknowledge the resounding failure of the 23-year Oslo experiment.
Subscribe to:
Posts (Atom)