World Events and the Bible

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

Date: January 17, 2016 (page 1 of 2)

CNN: Why Investors Should NOT Panic

WEB Notes: Their article goes on to say, “The U.S. economy looks good”. The economy looks so good in fact that “Markets Suffer Their Worst Start to the Year Since Great Depression“. And jobs? There are so many out there that “Obama Unveils Wage Insurance Plan to Spur Job Seekers“. I mean what’s not to like! Fear not that “Global Markets Shed $14 Trillion Since June“. All is well on the home front…

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Obama Declares Emergency in Michigan Over Bad Water: White House

U.S. President Barack Obama declared a state of emergency in Michigan on Saturday and ordered federal aid for state and local response efforts in the county where the city of Flint has been contending with lead-contaminated drinking water.

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Global Markets Shed $14 Trillion Since June

With markets from Asia to Europe entering bear markets this month, stocks worldwide have lost more than $14 trillion, or 20 percent, in value from a record last June amid worries over global growth and deepening oil declines. The pace of the drop has been so fast that it has already unraveled about half of the rally since a low in 2011.

Source: Here’s A Chart You Won’t See On CNBC | Zero Hedge

12 Beached Sperm Whales Die in Week of Carnage on Northern European Coast

WEB Notes: They say it is common in this area, but they go on to say, “It is the first time that so many whales have been beached in German waters, Maack added.”

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Australian Dollar Tumbles to Lowest Since 2009, Global Stocks Plunge

The Australian dollar has plunged 1.7 per cent and local shares are poised to plummet 1.8 per cent when trading opens on Monday. Oil dropped as much as 6.2 per cent and global equities from China to Europe to Wall Street fell.

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Joe Biden: “The Second Amendment Says You Can Limit Who Can Own a Gun” – Video

WEB Notes: These are the crazy people who run the country in front of the curtain.

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Donald Trump Ramps up Attacks on Ted Cruz, Says ‘He’s a Nasty Guy’

WEB Notes: Because this is how today’s society works. Bash the guy you are running against instead of telling us what you plan to do to help the country. For the record Americans do not have a choice this election cycle, neither did they the last several go rounds.

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How Did Americans Get So Fat, In Seven Charts

Today two-thirds of U.S. adults are overweight or obese. Half are afflicted with chronic conditions like diabetes or high blood pressure that can often be prevented with better diets, but aren’t and as a result debt-funded healthcare costs have exploded, and while this chronic obesity has made pharma companies richer beyond their wildest dreams, it means future US healthcare spending and welfare obligations are unsustainable.

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Obama Unveils Wage Insurance Plan to Spur Job Seekers

WEB Notes: Not much of this article made sense. It says it would help Americans who make less than 50k by replacing half of their income if they are laid off and accept a lower paying job. The benefit would cover 10k over two years. Someone help me out here, how is 10k over two years half of 50k in one year? Your salary could only drop to 45k for this to cover anything and it certainly is not half. This is not the answer anyway, you do not take from one man to give to another. Nonetheless, if the economy was fine why would we need this? Further at the bottom of the original source article obama is requiring states to provide 26 weeks of unemployment and 52 weeks for states with high unemployment.

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Retail Brick and Mortar Stores Sales Slide While Online Sales Rise

WEB Notes: This article focuses on Walmart at first, but keep reading for the loss of sales by other retailers such as Best Buy. We have mentioned several times brick and mortar are going away in large part to be replaced with online stories. This is really going to change the employment landscape drastically. Let’s face it, these jobs are not the best to begin with, but for some people that is all they have. When that is gone then what? I suppose obama can assist them with their paychecks.

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Mideast Stocks Plummet as Iran Plans to Boost Crude Exports

Stocks across the Middle East tumbled as the easing of sanctions against Iran raised the prospect of a surge in oil supplies to a market already reeling from the lowest prices in more than a decade. Shares in Tehran gained.

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Pastor Saeed Abedini Released from Prison

WEB Notes: This is outstanding news! Saeed has been in prision since 2012.

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