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| Photo: Ha Navi Gallery/ajmu |
(livestream hours to begin on Fri. at 8:45pm & Sun. at 11:45am)
Beth Israel Jerusalem Center is located at 11 Railroad Ave, Wayne, NJ 07470
Thursday, December 11, 2014
(livestream hours to begin on Fri. at 8:45pm & Sun. at 11:45am)
Beth Israel Jerusalem Center is located at 11 Railroad Ave, Wayne, NJ 07470
**SPECIAL REPORT** The Washington Post~ British Prime Minister Cameron says ‘red warning lights’ flashing on global economy
British Prime Minister David Cameron speaks during a news conference on the final day of the G20 Leaders' Summit in Brisbane, Australia, on Nov. 16. (William West/AFP/Getty Images)
By Griff Witte
LONDON — In a starkly downbeat assessment, British Prime Minister David Cameron has written that the world’s economy could be headed for another fall.
“Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy,” Cameron writes in a piece published Monday in Britain’s Guardian newspaper.
The prime minister cites a euro-zone economy that is “teetering on the brink of a possible third recession, with high unemployment, falling growth and the real risk of falling prices too.” He also references emerging market economies that “were the driver of growth in the early stages of the recovery” but are now slowing, as well as stalled trade talks, instability in the Middle East, war in Ukraine and the spread of Ebola.
The bleak prognosis comes at the end of the Group of 20 summit in Brisbane, Australia, where leaders of the world’s biggest economies struggled with strategies for kick-starting growth.
Others have issued similarly negative pronouncements in recent days, particularly with relation to Europe. Mark Carney, the governor of the Bank of England, told reporters in London last week that “a specter is now haunting Europe — the specter of economic stagnation.”
But Europe is hardly the only sick patient. Government figures released Monday in Japan showed that the world’s third-largest economy has unexpectedly fallen back into recession, with GDP shrinking by 1.6 percent for the quarter.
Cameron’s decision to issue his warning may be motivated, at least in part, by domestic political challenges. He will face voters in less than six months, and Britain’s economic recovery since he took office amid a recession in 2010 is at the core of his campaign for another five years in office.
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By forecasting gloom for the globe, Cameron may be helping to manage expectations for a scenario in which Britain’s economy also begins to flag.
The British economy has been relatively robust this year, especially compared with much of continental Europe. In his Guardian piece, Cameron deems Britain the fastest-growing economy in the Group of Seven, with official forecasts of 3.5 percent growth for 2014.
But a revival in growth figures has not been enough to give him a lead in the polls. In most surveys, Cameron’s Conservatives are running just behind the Labor Party, led by Ed Miliband, despite polls showing Miliband to be one of the most unpopular major-party leaders in modern times.
Labor has argued that despite economic growth and falling unemployment, wages have stagnated and the benefits of recovery have been concentrated too heavily among the country’s wealthiest.
Cameron used Monday’s opinion piece to argue that Britain needs to stay the course, with a call for continuing austerity policies aimed at taming the deficit — although he also touts major investments in roads and rail systems.
“We cannot insulate ourselves completely, but we must do all we can to protect ourselves from a global downturn,” Cameron writes. “Working through the agenda at the G-20, it was clearer than ever how vital it is that we stick to our long-term plan.”
http://www.washingtonpost.com/world/british-prime-minister-david-cameron-says-red-warning-lights-flashing-on-global-economy/2014/11/17/acc29d06-c38f-49a1-b478-30d334fd3389_story.html
British Prime Minister David Cameron speaks during a news conference on the final day of the G20 Leaders' Summit in Brisbane, Australia, on Nov. 16. (William West/AFP/Getty Images)
By Griff Witte
LONDON — In a starkly downbeat assessment, British Prime Minister David Cameron has written that the world’s economy could be headed for another fall.
“Six years on from the financial crash that brought the world to its knees, red warning lights are once again flashing on the dashboard of the global economy,” Cameron writes in a piece published Monday in Britain’s Guardian newspaper.
The prime minister cites a euro-zone economy that is “teetering on the brink of a possible third recession, with high unemployment, falling growth and the real risk of falling prices too.” He also references emerging market economies that “were the driver of growth in the early stages of the recovery” but are now slowing, as well as stalled trade talks, instability in the Middle East, war in Ukraine and the spread of Ebola.
The bleak prognosis comes at the end of the Group of 20 summit in Brisbane, Australia, where leaders of the world’s biggest economies struggled with strategies for kick-starting growth.
Others have issued similarly negative pronouncements in recent days, particularly with relation to Europe. Mark Carney, the governor of the Bank of England, told reporters in London last week that “a specter is now haunting Europe — the specter of economic stagnation.”
But Europe is hardly the only sick patient. Government figures released Monday in Japan showed that the world’s third-largest economy has unexpectedly fallen back into recession, with GDP shrinking by 1.6 percent for the quarter.
Cameron’s decision to issue his warning may be motivated, at least in part, by domestic political challenges. He will face voters in less than six months, and Britain’s economic recovery since he took office amid a recession in 2010 is at the core of his campaign for another five years in office.
Sponsor Generated ContentSmart parking to the rescue
By Xerox Through technology and data, parking systems are improving city congestion.READ MORE
BrandConnect» is content provided by our advertisers. Learn more.
By forecasting gloom for the globe, Cameron may be helping to manage expectations for a scenario in which Britain’s economy also begins to flag.
The British economy has been relatively robust this year, especially compared with much of continental Europe. In his Guardian piece, Cameron deems Britain the fastest-growing economy in the Group of Seven, with official forecasts of 3.5 percent growth for 2014.
But a revival in growth figures has not been enough to give him a lead in the polls. In most surveys, Cameron’s Conservatives are running just behind the Labor Party, led by Ed Miliband, despite polls showing Miliband to be one of the most unpopular major-party leaders in modern times.
Labor has argued that despite economic growth and falling unemployment, wages have stagnated and the benefits of recovery have been concentrated too heavily among the country’s wealthiest.
Cameron used Monday’s opinion piece to argue that Britain needs to stay the course, with a call for continuing austerity policies aimed at taming the deficit — although he also touts major investments in roads and rail systems.
“We cannot insulate ourselves completely, but we must do all we can to protect ourselves from a global downturn,” Cameron writes. “Working through the agenda at the G-20, it was clearer than ever how vital it is that we stick to our long-term plan.”
http://www.washingtonpost.com/world/british-prime-minister-david-cameron-says-red-warning-lights-flashing-on-global-economy/2014/11/17/acc29d06-c38f-49a1-b478-30d334fd3389_story.html
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| Photo: Ha Navi Gallery/ajmu |
MESSAGE TO AMERICA:FULL VERSION:JONATHAN CAHN ADDRESSES THE PRESIDENTIAL INAUGURAL PRAYER BREAKFAST http://youtu.be/S9xMxkNROto
GO DEEPER INTO THE ANCIENT MYSTERY THAT HOLDS THE SECRET OF AMERICA'S FUTURE AND YOURS – The Harbinger Companion With Study Guide. Get you copy today! http://www.theharbinger-jonathancahn.com/Companion-study-guide/
Monday, December 1, 2014
Dear
Friend,
We
are witnessing a momentous and unprecedented moral and spiritual
transformation. A while back, I shared on the Tipping Point.
In the physical realm, once you reach the tipping point, the
dynamics change, the momentum accelerates. One doesn’t need
much effort or force, the
process
takes on a life of its own. Few things demonstrate this fact as
the recent Supreme Court Non-decision – and it’s
ramifications for America.
THE
DARKENING ACCELERATES
Scripture:
Proverbs 15:3
See
Message: The Dark Trinity
This
autumn, the Supreme Court decided not to take up the cases of several
states appealing the striking down of laws protecting traditional
marriage. By refusing to make a decision on these cases, the Court
was, in essence, making the decision that these laws would be struck
down with no further recourse or hope of reversal.
The
day this fateful undecision was announced, there were 19 states in
America that had ended the biblical and historic definition of
marriage with the legalization of gay marriage. After the Court
rejected taking up these cases, the number of states ending the
biblical definition of marriage skyrocketed – from 19 to 32. In
the blink of an eye, gay marriage went from the position of a
minority of states – to that of the majority – another tipping
point. In the same blink of an eye, the number of states
upholding the biblical and historic definition of marriage went from
31 to 18 – a distinct minority.
The
speed at which marriage, gender, and morality has been redefined is
stunning. The Bible gives a very clear prophetic warning
concerning this phenomenon: “Woe to those who call evil
‘good,’ and good ‘evil.’ We are now that people. And
yet we are worse. We are a people who now call what we once
knew to be good ‘evil,’ and what we once knew to be evil ‘good.’
And
to the exact degree that our culture deems evil to be good, it deems
that which is good to be evil. It is no accident
paralleling this redefining of sin is an equal redefining of
righteousness. Christian bakers who refuse to take part in
celebrating gay marriage are sued, judged guilty by the court,
punished with heavy fines, and driven out of business. As sin
is established as the law of the land, righteousness becomes illegal.
If the present course is not altered the time will come when
Christians are driven from one profession after the other.
We
are past the tipping point. We live in the days that parallel
those of the prophets, the days of Isaiah, Jeremiah, Ezekiel, Elijah.
How do we respond? If we are living in prophetic days, we
must become a prophetic people. Resolve to live with the
strength, the boldness, the unbending steadfastness, and the purity
of the prophets. The eyes of the Lord search the entire earth
looking for the one whose heart is completely His. You be that
one. And God will keep you, affirm you, and lift you up.
Thank
you for all your prayers. They are crucial! Take steps
this month to rise to your prophetic call for such a time as this.
And may the Lord greatly bless you as you do.
Your
brother and co-laborer
in
His love and service,
Jonathan
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