November 27, 2010: Weekly 5 minute update (Audio Only)

You may listen to the 5 minute update this week via audio:

1)  Listen to the audio

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

1) The current status of the Israel / PLO peace process
2) China and Russia made a trade agreement to not use the US dollar in trading between them

I believe that Benyamin Netanyahu does not prefer to have a PLO state because it is a threat to the existence of the state of Israel but “political correctness” causes him to continue to call for peace negotiations with the PLO.  Therefore, Benyamin Netanyahu is playing a sophisticated game of political chess. This week Israel made it more difficult to agree to the dividing of Jerusalem and thus creating a PLO state because the government of Israel passed a law that dividing Jerusalem would require a vote through a national referendum.

In a marathon 7 hour meeting between Hilliary Clinton and Benjamin Netanyahu in the USA, they discussed the parameters for a 3 month settlement freeze extension. The US has offered a variety of incentives to Israel in exchange for the proposed 3 month settlement freeze.  If the US agrees to put the proposed agreement in writing and the settlement freeze excludes East Jerusalem then Israel may get this offer agreed to in the Israel inner security cabinet because Shas (Ultra-Orthodox Sephardic party) would abstain from the vote.  If this happens, members within Netanyahu’s Likud party threaten to split the party.  However, US sees that any agreement would require that Israel must cease from building in East Jerusalem.  Netanyahu insists that in any agreement with the US that the US must put the agreement in writing and that it will not ask Israel for a further extension after the 3 months expire.  Israel Knesset Speaker Reuven Rivlin states that he sees that there has been a change in US / Israel relations as compared to the past and that the US no longer regards Israel as a strategic asset in the Middle East.  In order to make it more difficult to divide Jerusalem, Israel passed a law that any agreement to divide Jerusalem must be approved through a national referendum.  In any Mideast peace deal, it would be understood that NATO would have to play a significant peace keeping role.  In internal Israel politics, 80% of Israelis are dissatisfied with state and religious policy as secular and religious Jews don’t like each other.

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

The link to these articles are as follows:

1) Inside the seven-hour Clinton-Netanyahu marathon meeting
2) What the US is proposing as presented to the Israeli cabinet
3) New freeze set to pass Israeli security cabinet by one vote
4) Obama to Mediate Israel-PA Meeting
5) Israel serious on peace talks, Netanyahu tells Clinton
6) US asks Israel for 90-day settlement building moratorium
7) US Official: Israel must refrain from East Jerusalem construction during freeze
8)  Peres hopeful on freeze agreement and renewed talks
9) US will put understanding in writing to renew talks
10) US will not pressure Israel to extend freeze after 90 days
11) Netanyahu: No settlement freeze vote without US offer in writing
12) Netanyahu vows: No third freeze
13) Mideast expert: US letter on freeze deal was completed
14) PM to meet balking Likud members on new freeze
15) Likud rebels cast doubt on US pledges and warn of party split
16) Rivlin says Israel is no longer a strategic asset to the USA
17) Referendum bill passes Knesset vote
18) Netanyahu: Referendum law is democratic and responsible
19) Erekat on referendum: Israel making a mockery of international law
20) Israel officials: Abbas making excuses not to negotiate
21) NATO planning ‘integral’ role in enforcing Mideast peace deal
22) 80% of Israelis dissatisfied with state, religious policy

Russia and China have agreed to not use the US dollar in trade between the two countries.

A collapse of the US dollar and the establishment of one world currency is a tribulation event.

The link to this article is as follows:

1) China, Russia to quit dollar

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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