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FROM THE DESK OF PASTOR JOHN HAGEE
For the past few days the world has been watching the Middle East implode! The streets of the nation of Egypt have been packed with riots and bloodshed. The Administration of Mubarak is apparently coming to an end. From my sources of information, I believe the Muslim Brotherhood is now in the driver’s seat to determine the future of Egypt .
The American media, with the exception of FOX News, is presenting the Muslim Brotherhood as moderate and lovers of democracy. This is utter nonsense. This is the hysterical jabber of our State Department that once again has fumbled the ball in the Middle East .
Making a long story short; if the Egyptian drama works out like the Fall of the Shah in Iran in 1979 (and I think it will) there will be a person approved of the Muslim Brotherhood to become Egypt’s new leader. He will appear initially as a moderate and within a few weeks embrace Sharia which is the Islamic law that now governs Iran .
Israel will be surrounded by Read more…
IMF says weaker dollar would help global growth
AFP – The International Monetary Fund called for a weaker dollar to help the United States reduce its deficits with the rest of the world and rebalance the global economy, in a report released Wednesday.
In the report prepared for a Group of 20 finance chiefs meeting last week, the IMF said that its calculations showed the dollar remains “on the strong side” of medium-term fundamentals, while the euro and the Japanese yen were “broadly in line” and several Asian currencies, including China, were undervalued.
To address global imbalances, the G20 should allow the dollar to Read more…
As Arab world shakes, Iran’s influence grows
Michael Slackman
New York Times
MANAMA, Bahrain — The popular revolts shaking the Arab world have begun to shift the balance of power in the region, bolstering Iran’s position while weakening and unnerving its rival, Saudi Arabia, regional experts said.
While it is far too soon to write the final chapter on the uprisings’ impact, Iran already has benefited from the ouster or undermining of Arab leaders who were its strong adversaries and has begun to project its growing influence, the analysts said. This week Iran sent two warships through the Suez Canal for the first time since its revolution in 1979, and Egypt’s new military leaders allowed them to pass.
Saudi Arabia, a U.S. ally and a Sunni nation that jousts with Shiite Iran for regional influence, has been shaken. King Abdullah on Wednesday signaled his concern by announcing a $10 billion increase in welfare spending to help young people marry, buy homes and open businesses, a gesture seen as trying to head off the kind of unrest that fueled protests around Read more…
Russia, Iran to Ink Medical Isotope Export Deal
An agreement is being finalized for Russia to export medical isotopes to Iran, the Russian state-owned nuclear firm Rosatom announced yesterday (see GSN, Feb. 22).
Israeli President Shimon Peres delivers a speech in Madrid today. Peres said the passage of two Iranian navy ships through the Suez Canal to the Mediterranean Sea showcased the potential threat of a nuclear-armed Iran (Javier Soriano/Getty Images).
A spokesman for the organization did not elaborate on the timing of the anticipated signing, RIA Novosti reported. Tehran’s need for molybdenum 99 and iodine 131 was addressed in talks between Iranian officials and Rosatom head Sergei Kiriyenko (RIA Novosti, Feb. 22).
The deal would involve transfers of each isotope from Russia to Iran every week, Interfax reported.
Under a 2009 bid put forward by the International Atomic Energy Agency, Iran would have exchanged 1,200 kilograms of low-enriched uranium for material to fuel a medical isotope production reactor in Tehran. The Middle Eastern state ultimately rejected the plan worked out with France, Russia and the United States, which was aimed in part at deferring Iran’s ability to produce sufficient weapon material for a bomb long enough to more fully address U.S. and European concerns about Iranian enrichment activities. Tehran has insisted its atomic ambitions are strictly peaceful.
Iran since December has two rounds of talks with Germany and permanent U.N. Security Council member states Read more…
2 million Egyptians in Tahrir Square chant “To Jerusalem we are heading, Martyrs in the millions.”
New Currency Arrangement and Revaluation of Gold Reserves Predicted
Chris Powell, Secretary/Treasurer of gata.org, is asked by James Turk, Director of The GoldMoney Foundation and Founder of GoldMoney if we’re heading towards a monetary train wreck. Chris expects the central banks to mobilize gold back into the monetary system. This would perhaps mean a new currency arrangement and a revaluation of the gold reserves. View the full 34-minutes interview at: www.goldmoney.com/powell-turk.
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