Babylon-America

Versus

China's Economy


An A-O Report Special News Feature

LINK Pending

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Is Babylon-America Experiencing

Divine Wrath Before Her Prophesied Doom?

An A-O Report Special Feature

LINK Pending

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Israel Opens Site of Jesus' Baptism

Israel has opened up an archaeological site that is believed by some to be the site of Jesus' baptism. The site is called Qasr al-Yahud.

The site is not exactly new. In fact, tourists could visit the site until 44 years ago when the 1967 war closed the site to tourists.

In order to open up the site to tourists, the IDF had to remove nearby land mines along the border with Jordan.

For more on this story, LINK HERE.

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EU in Crisis

Now Italy May Default on Debt

European Stocks Take a Hit on Fears

The European Union woke up this week to a new nation's debt crisis. Stock markets began the week by reacting to new concerns over the looming prospects of a debt default by Italy. More details, from Businessweek - LINK HERE.  Additional coverage from Reuters - LINK HERE. More coverage from England's Daily Mail Newspaper - LINK HERE.

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European Central Bank Battles Default Threats

For Greece, Ireland and Portugal

The EU's united currency, the Euro along with its central bank is under severe pressure as bankers struggle for ways to deal with potential defaults of participating nations such as Greece, Ireland and Portugal. More detials, LINK HERE.

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China Battles Surging Inflation

Their Economic Miracle Coming Unhinged

China now finds itself battling the monetary scourge of inflation, even as it attempts to disengage itself from a reliance on America and the American dollar.

At the end of June, the inflation rate for the past 12 months has surged to 6.4% with higher inflation expected to continue its growth. This surge is due to China attempting to hold its currency to a pre-set value instead of letting it float with the world markets. This strategy has failed and now the inflation virus is catching hold at a time when China is trying to divest itself of U.S. dollars and invest in European and African economies and currencies.

In reality, China has fallen into the trap, set up by the international bankers, also known as the "illuminated" bankers or "TPTB" or also as "the puppet-masters."

For more on the inflation issues in China, LINK HERE to Bloomberg Business News coverage. Also short, follow-up article pointing to China's inflation in relation to the European debt crisis. LINK HERE.

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Scientists Fear Massive Volcano Eruption Soon

Mt. Hekla in Iceland Coming To Life?

Iceland's biggest and most dangerous volcano is showing signs of erupting in the near future. For details, LINK HERE.

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Iceland's Mt. Katla Tremors

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British Newspaper Scandal Rocks Britain

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7.3 Quake Rocks Japan Again

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China's Demand For US Corn

Affecting Market Pricing

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Oil Prices Fall On Economic Fears

Drops to $95 The Rebounds to $98 a Barrel

Oil prices have been following recently down to $95 before rebounding a bit in the last two days to $98.  More details, LINK HERE.

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7.6 Quake Hits New Zealand

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4.1 Mag Quake Shakes Iran

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Mt Etna Volcano Eruption

Closes Local Airport

LINK

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New Terror Tactics:

Surgically-Implanted Human Bombs

Authorities in the U.S. government warned last week that new counter-intelligence information notes that various terror cells have talked about the idea of using medical surgery with which to implant bombs inside human suicide bombers.

The terror chatter has set off a new round of considerations by the U.S. Homeland Security and the TSA screening program to stop the threat before its initiated by enacting counter-measures.  Some experts warn that there are no consitutional counter-measures available for such a threat, only un-constitutional ones.

This new development suggests that maybe it is being blown out of proportion as an excuse to enact new, draconian policing laws as a prelude for a New World Order Global Government. For more on this story, LINK HERE.

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