World Events and the Bible

A site dedicated to World Events and Study of the Bible.

Date: November 11, 2015

US needs boots on the ground to ‘occupy & govern’ Syrian territories – Air Force secretary

WEB Notes: Do you see how they employ one strategy and nurse it along for a long time and then say, ‘well we tried now we have to go in ourselves’. This has been the goal for four years now and they are far closer now than ever.

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Syrian army enters Aleppo air base after Islamic State siege: state TV

Syrian soldiers fought their way into an air base in northern Syria on Tuesday and freed military personnel inside, state television said, after a nearly two-year siege by Islamic State insurgents at the facility.

A military source close to the government said the army was working to secure the Kweires air base in Aleppo Province, where soldiers and officers have been under attack since 2013.

Source: Syrian army enters Aleppo air base after Islamic State siege: state TV | Reuters

Saudi Arabia pushes U.N. panel to condemn Iran intervention in Syria

Saudi Arabia is pushing the U.N. General Assembly’s human rights committee to condemn Iranian and Russian intervention in Syria, a move that prompted complaints on Tuesday from the delegations of Iran and Syria.

The non-binding draft resolution, prepared by Saudi Arabia and co-sponsored by Qatar and other Arab nations, the United States, Britain, France and other Western powers, was presented during a meeting of the assembly’s Third Committee, which focuses on human rights.

Source: Saudi Arabia pushes U.N. panel to condemn Iran intervention in Syria | Reuters

Russia Calls for a New Syrian Constitution in 18 Months

Russia has circulated a document on ending the nearly five-year-old Syrian conflict that calls for drafting a new constitution in up to 18 months that would be put to a popular referendum and be followed by an early presidential election.

The document, obtained Tuesday by The Associated Press, makes no mention of Syrian President Bashar Assad stepping down during the transition — a key opposition demand. It only mentions that “the president of Syria will not chair the constitutional commission.”

Source: Russia Calls for a New Syrian Constitution in 18 Months – The New York Times

US banks said to hold $10tn of ‘risky’ trades

The repeal of part of the Dodd-Frank financial reforms has left big US banks holding $10tn of “risky” derivatives trades on their books, according to an investigation by Democrats.

Senator Elizabeth Warren, a liberal Wall Street foe, said the repeal — which sparked a firestorm when it was slipped into a budget bill in December 2014 — had left federally insured banks exposed to dangerous swaps trades.

Source: US banks said to hold $10tn of ‘risky’ trades – FT.com

Out100 2015 Cover Revealed: President Barack Obama

This is the first time a sitting president has been photographed for the cover of an LGBT title, a historic moment in itself, and a statement on how much his administration has done to advance a singularly volatile issue that tarnished the reputations of both President Clinton and President Bush.

Source: Out100 2015 Cover Revealed: President Barack Obama | Out Magazine

Negative Interest Rates the New Normal Next Time Economies Slump

Now that Sweden and Switzerland have shown that negative benchmark interest rates don’t necessarily result in flights to cash, asset bubbles or banking strains, the global giants of central banking may be more willing to embrace sub-zero borrowing costs the next time their economies slide.

“There’s a very real chance unorthodoxy becomes the new orthodoxy,” said Alan Ruskin, global head of Group-of-10 currency strategy at Deutsche Bank AG in New York.

Source: Negative Interest Rates the New Normal Next Time Economies Slump – Bloomberg Business

US to Help Iran Rebuild Nuke Reactor

The United States and other global powers are helping Iran to update and reconstruct a nuclear reactor that has been suspected of helping the Islamic Republic produce enough material for a potential nuclear weapon, according to regional reports and statements from the State Department.The United States’ goal is to work with Iran to refit the reactor in such a way that it can no longer produce weapons grade material.

Source: US to Help Iran Rebuild Nuke Reactor

M6.9 – 98km NW of Coquimbo, Chile

WEB Notes: A 6.6 quake preceded this one in the same location.

USGS Earthquake Hazards Program, responsible for monitoring, reporting, and researching earthquakes and earthquake hazards
Source: M6.9 – 98km NW of Coquimbo, Chile

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