July 2, 2011: Weekly 5 minute update (Audio Only)

You may view the 5 minute update this week via audio:

1) Listen to the audio

In this week’s 5 minute update, we focused on:

1) The current status of the Israel / PLO peace process
2) The buildup to war with Iran
3)  Prospects for a global economic collapse

The PLO presented the Quartet (USA,  EU, UN and Russia) with their 4 conditions to resume peace talks.  Meanwhile, Prime Minister Benjamin Netanyahu gave his 6 conditions for Israel to accept a peace agreement. The PLO conditions and Israel’s conditions are irreconcilable.  On June 12, the US gave Netanyahu one month to accept peace negotiations based upon Obama’s parameters of 67 borders with agreed land swaps.  As a result, the Quartet is planning on detailing an international peace plan for the Israel / PLO conflict on July 11.  The PLO has officially decided to go to the UN to seek recognition of a state in September. In order to do so, they must begin the process around July 15.

The PLO has set up a committee to lobby for state recognition at the UN.   They are focusing on countries in Europe.  Right now, they have about 118 countries who recognize a PLO state. They need 128 countries to recognize a PLO state in the UN General Assembly. The US has said that they will veto recognition of a PLO state at the UN Security Council in September.

The US said that they are willing to recognize the Muslim Brotherhood in Egypt.  The Muslim Brotherhood is a Sunni Islamist fraternity founded in Egypt in 1928, which seeks to establish an Islamic caliphate.  CAIR in the USA and Hamas are branches of the Muslim Brotherhood.

An agreement to divide Jerusalem and establish a PLO state is a tribulation event.

The link to these articles are as follows:

1)  ‘PA presents Quartet with 4 conditions for resumed talks
2)  U.S. and EU Push for New Peace Talks; Netanyahu Lays Out Peace Vision
3)  PM: I want to hear Abbas say he will accept a Jewish state
4)  Palestinians will officially go to UN in September’
5)  Palestine Authority will ask UN for state recognition
6)  Palestinians Set Up Committee to Lobby for State Recognition
7)  Erekat Calls Europe to Recognize Palestinian State
8.) US reiterates opposition to Palestinian UN statehood bid
9) Report: US gives Netanyahu ultimatum on resuming talks
10) U.S., EU to present Mideast peace plan in last push to prevent Palestinian UN bid
11) ‘Israel tries to strike deal with Europe, US’
12) Obama puts Israel-Palestinian issue on hold for second term
13) U.S. recognizes Muslim Brotherhood
14) Brief: The Muslim Brotherhood

Iran has shown the world that they have had hidden missile silos whose missiles are capable of reaching Israel and Europe. They have tested these missiles in the last week.  The US has a concentration of large-scale American naval, air and marine forces in the Mediterranean, the Aden and Oman straits, the Persian Gulf and the Arabian Sea. This seaborne army is positioned for strikes against targets in Iran, Syria and Libya at 12 hours’ notice.  The US is prepared to go to war with Iran at any moment.

A US war with Iran is a tribulation event.

The link to this article is as follows:

1) Iran has secretly tested nuclear-capable missiles – UK Foreign Secretary

Ausralian Reserve Bank director Warwick McKibbin said that a global economic ‘train wreck’ is coming.  He warns that this could result in very high inflation not seen since the 1970’s.  Interest rates in the US, Europe and Japan are near zero. He warns that the US and Japan cannot afford 5% interest rates to finance their debts.  He said that Greece, Portugal and Ireland need a 30% – 40% devaluation in their real exchange rate.  He said he doesn’t believe that any society can survive a 40% deflation imposed by the IMF or the European Central Bank.

Worldwide economic collapse resulting in a one-world currency is a tribulation event.

The link to these articles are as follows:

1) Global ‘train wreck’ coming

From a Biblical prophetic perspective, the reason why the God of Israel would allow these events to happen is because it will result in the end of the exile of the house of Jacob and the reunification of the 12 tribes of Israel (Ephraim and Judah).

We will to be “watchmen on the walls of Jerusalem” and we will not rest until the God of Israel makes Jerusalem a praise in the earth (Isaiah 62).

Shalom in Yeshua the Messiah,

Eddie Chumney
Hebraic Heritage Ministries Int’l


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