World Events and the Bible

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Asian economies turn to yuan

A “renminbi bloc” has been formed in East Asia, as nations in the region abandon the US dollar and peg their currency to the Chinese yuan — a major signal of China’s successful bid to internationalize its currency, a research report has said.

The Peterson Institute for International Economics, or PIIE, said in its latest research that China has moved closer to its long-term goal for the renminbi to become a global reserve currency.

Since the global financial crisis, the report said, more and more nations, especially emerging economies, see the yuan as the main reference currency when setting their exchange rate.

And now seven out of 10 economies in the region — including South Korea, Indonesia, Malaysia, Singapore and Thailand — track the renminbi more closely than they do the US dollar. Only three economies in the group — Hong Kong, Vietnam, and Mongolia — still have currencies following the dollar more closely than the renminbi, said the report, posted on the institute’s website. – People’s Daily Online

WEB Notes: I would relate you to an article we wrote a few years back title, “The Move Away From The Dollar

Worst Storm in 100 Years Seen for Northeast U.S.

Hurricane Sandy will probably grow into a “Frankenstorm” that may become the worst to hit the U.S. Northeast in 100 years if current forecasts are correct.
Sandy may combine with a second storm coming out of the Midwest to create a system that would rival the New England hurricane of 1938 in intensity, said Paul Kocin, a National Weather Service meteorologist in College Park, Maryland. The hurricane currently passing the Bahamas has killed 21 people across the Caribbean, the Associated Press reported, citing local officials.
“What we’re seeing in some of our models is a storm at an intensity that we have not seen in this part of the country in the past century,” Kocin said in a telephone interview yesterday. “We’re not trying to hype it, this is what we’re seeing in some of our models. It may come in weaker.”
The hybrid storm may strike anywhere from the Delaware- Maryland-Virginia peninsula to southern New England. The current National Hurricane Center track calls for the system to go ashore in New Jersey on Oct. 30, although landfall predictions often change as storms get closer to shore. – Bloomberg

Clashes for 3rd straight day in Libyan town

LIBYA – Pro-government forces clashed Friday with fighters in a former stronghold of the late dictator Moammar Gadhafi for the third consecutive day, the spokesman for the Libyan military’s chief of staff said, after talks to end the standoff broke down. Full Read – Las Vegas Sun

Magnitude 5.3 earthquake hits S. Italy, hospital evacuated

ROME – A magnitude 5 earthquake struck north of Cosenza in southern Italy early on Friday, and police said a hospital had been evacuated after cracks were found in its structure, but there were no reports of injuries.
The quake hit at 1:05 a.m. (2305 GMT on Thursday) about 6.3 km (3.9 miles) underground, north of Cosenza in the Pollino mountains area on the border of the southern regions of Calabria and Basilicata, according to data from the Italian Geophysics Institute (INGV). It said on its website that at least 14 other tremors followed the initial earthquake.
An Italian police official told Reuters a hospital in the small town of Mormanno had been evacuated as a precautionary measure because some cracks were found in its structure.
No injuries were reported, the official said. – JPost

Texas sparks international row with election observers

Texas authorities have threatened to arrest international election observers, prompting a furious response from the Organization for Security and Co-operation in Europe (OSCE).
“The threat of criminal sanctions against [international] observers is unacceptable,” Janez Lenarčič, the Director of the OSCE Office for Democratic Institutions and Human Rights (ODIHR), said in a statement. “The United States, like all countries in the OSCE, has an obligation to invite ODIHR observers to observe its elections.”
Lawmakers from the group of 56 European and Central Asian nations have been observing U.S. elections since 2002, without incident. Their presence has become a flashpoint this year, however, as Republicans accuse Democrats of voter fraud while Democrats counter that GOP-inspired voter ID laws aim to disenfranchise minority voters.
Texas Attorney General Greg Abbott further fueled the controversy on Tuesday when he sent a letter to the OSCE warning the organization that its representatives “are not authorized by Texas law to enter a polling place” and that it “may be a criminal offense for OSCE’s representatives to maintain a presence within 100 feet of a polling place’s entrance.” – The Hill

U.N. Human Rights Council Calls for Boycott of U.S. Companies

The Washington Free Beacon has obtained a report soon to be released by the United Nations that calls for an international campaign of legal attacks and economic warfare on a group of American companies that do business in Israel, including Hewlett-Packard, Caterpillar Inc., and Motorola Solutions Inc.
The Human Rights Council (HRC), a body dominated by Islamic countries and known for its hostility to, and heavy focus on, the Jewish State, issued the report. The George W. Bush administration refused to participate in the HRC, but President Barack Obama joined it soon after taking office. Members of the HRC include infamous human rights abusers such as Saudi Arabia, Qatar, Jordan, Libya, China, and Cuba.
The Obama-approved body maintains a “Special Rapporteur on the situation of human rights in the Palestinian territories [sic].” The current rapporteur is American college professor Richard Falk, a 9/11 “truther” who once posted an anti-Semitic cartoon on his personal blog.
In a letter to U.N. Secretary-General Ban Ki Moon, the Anti-Defamation League’s Abraham Foxman blasted the report and the HRC’s special rapporteur: “We believe you should have prevented the Secretariat from being a party to Mr. Falk’s anti-Israel agenda. Mr. Falk’s entire tenure as Special Rapporteur has served to undermine the credibility of the institution of the United Nations.”
The report attempts to instigate a campaign of boycott, divestment, sanctions, and legal action against a litany of international companies doing business in Israel. In addition to American companies, the U.N. targets include major European firms such as Veolia Environnement, Group 4 Security, the Dexia Group, the Volvo Group. – Washington Free Beacon

WHITE HOUSE INSIDER: The Only Way Obama Wins This Election Is To Steal It

As Benghazi news reports now pummel down upon the head of President Barack Obama, a longtime D.C. political operative who has spent the past three years attempting to correct the mistake that was the 2008 election, declares in this brief communication that the only way Obama can now be allowed a second term is if he steals the 2012 election.
Ulsterman: Can you confirm the Benghanzi news reports? The emails? Was this the breaking story you referenced earlier? Is momentum still with Romney? How does Obama try to win this? Or does he? Please respond ASAP. I’ve kept quiet as requested. Now with media openly reporting on the emails I am hoping to get feedback directly from you again. -UM
WHI: Which question you want answered? You got a list there.
UM: You choose.
WHI: Benghazi story now breaking out even bigger. As promised. I was pissed the governor did not push the issue during last debate. Now I understand. I was not in the loop on that but that’s ok. Very smart move by the campiagn. Don’t count on media falling over themselves to make this a headline though. That will be done with them kicking and screaming. And read that first report carefully. And then smile. The Old Man made this happen. At least some of it. It’s pretty much spelled out in first report. He’s got to have logged about 30,000 miles in the last month alone. Don’t know how he’s doing it healthwise. But he is. Thank God. – Rest of the Story: The Ulsterman Report+

The bombed Sudanese factory produced Iranian Shehab missiles

The Yarmouk Complex of military plants near Khartoum, whicht was bombed five minutes after midnight Wednesday, Oct. 24, by four fighter-bombers, recently went into manufacturing Iranian ballistic surface-to-surface Shehab missiles under license from Tehran, debkafile’s military and intelligence sources disclose. Western intelligence sources have not revealed what types of Shehab were being turned out in Sudan but they believe the Yarmouk’s output was intended to serve as Tehran’s strategic reserve stock in case Iran’s ballistic arsenal was hit by Israeli bombers.
The Israeli Air Force has a long record of pre-emptive attacks for destroying an enemy’s long-range missiles in the early stages of a conflict. In June 2006, for instance, the IAF destroyed 90 percent of Hizballah’s long-range missiles in the first hours of the Lebanon war. Videos of the explosions caused in the air raid over Sudan showed large quantities of phosphorus flares in the sky suggesting that a large stockpile was demolished along with the manufacturing equipment. – Debka

Russia: Syria rebels have US-made weapons

Gen Nikolai Makarov was quoted by the Interfax news service as saying the origin of the surface-to-air missiles should be “cleared up”.
Russia is the biggest supplier of arms to its Syrian government ally.
Aerial bombardment of rebel-held towns continued on Wednesday, as the UN’s Syria envoy prepared to brief the Security Council on ceasefire efforts.
Lakhdar Brahimi has been trying to arrange a ceasefire between rebels and government forces over the Muslim festival of Eid al-Adha, which begins on Friday.
“We have reliable information that Syrian militants have foreign portable anti-aircraft missile systems, including those made in the USA… it should be cleared up who delivered them,” Gen Makarov told journalists in Russia.
There have been earlier unconfirmed reports of the Syrian opposition having shoulder-mounted missiles, but the West has been reluctant to openly arm the rebels.
In August, Syrian rebels said they had shot down a fighter jet near the border with Iraq. – BBC
WEB Notes: The United States openly gave the rebel fraction $45 million dollars in aid.

Guilford County voters say they voted for the wrong candidate

GREENSBORO, N.C. –The Presidential election is just around the corner and voting issues have already become a problem in Guilford County.
On Monday, several voters complained that their electronic ballot machine cast the wrong vote. All the complaints were made by people who voted at the Bur-Mil Park polling location.
One of the voters, Sher Coromalis, says she cast her ballot for Governor Mitt Romney, but every time she entered her vote it defaulted to President Obama.
“I was so upset that this could happen,” said Coromalis.
Guilford County Board of Elections Director George Gilbert says the problem arises every election. It can be resolved after the machine is re-calibrated by poll workers.
“It’s not a conspiracy it’s just a machine that needs to be corrected,” Gilbert said. – Fox News
WEB Notes: Should voter fraud be a surprise to anyone? When ID is not even required to vote? It’s been my opinion for sometime now that Obama will be re-elected one way or another…

Lebanese army tries to force gunmen from streets

Lebanese soldiers in armored vehicles fanned out across the country on Monday to break down civilian roadblocks and chase gunmen off the streets as tempers flared over the killing of a top intelligence official who was a powerful opponent of Syrian involvement in Lebanon.
Sectarian clashes killed at least six people. A seventh person was killed after soldiers returned fire following an attack on their patrol.
The killing of Brig. Gen. Wissam al-Hassan in a Beirut car bomb on Friday sparked days of tensions, accusations and violence in Lebanon between supporters of Syrian President Bashar Assad and his opponents. Al-Hassan was solidly in the latter group, and his supporters, many of them Sunni Muslims, blamed Damascus for the killing.
Many also called for the resignation of the Hezbollah-dominated government, saying it is too cozy with the Syrian regime.
In Washington, the State Department said it was worried about the violence in Lebanon and that the U.S. was sending an FBI team to help investigate the bombing.
“We’ve been clear for some time about the possible spillover effect from the conflict in Syria,” spokesman Mark Toner said Monday. – AP

Egyptians: We Want Nuclear Bombs and to Break Treaty with Israel

Most Egyptians want their country and Iran to have nuclear weapons, and they also favor renewing ties with Tehran and breaking off relations with Israel, according to a poll by The Israel Project, a pro-Israel advocacy group.
Eighty-seven percent of the respondents want Egypt to have its own nuclear bomb, and Iran is more than happy to lend Cairo a hand. “We are ready to help Egypt to build nuclear reactors and satellites,” Iran’s deputy defense minister said when Muslim Brotherhood Egyptian President Mohammed Morsi visited Iran last month.
Sixty-two percent of those polled agreed that “Iran and its president, Mahmoud Ahmadinejad, are friends of Egypt.”
The results of the poll belie an impression Muslim Brotherhood Egyptian President Mohammed Morsi has been trying to spread. He visited Iran several weeks ago but denied he is considering renewing ties with Iran, after more than three decades of a freeze following the Egyptian-Israeli peace treaty and the Islamic Revolution. – Israel National News
WEB Note: The swarming in the Middle East by radical Muslims is gaining steam. This has been developing over the past two years. Keep a close eye on these situations for they are biblical in nature…

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