The Prophecy Club News Update

British fear Gen. Petreaus' testimony this week will set stage for US attack on Iran

2008-04-07T16:42:00.001-06:00

British officials gave warning yesterday that America's commander in Iraq will declare that Iran is waging war against the US-backed Baghdad government.

A strong statement from General David Petraeus about Iran's intervention in Iraq could set the stage for a US attack on Iranian military facilities, according to a Whitehall assessment. In closely watched testimony in Washington next week, Gen Petraeus will state that the Iranian threat has risen as Tehran has supplied and directed attacks by militia fighters against the Iraqi state and its US allies. The outbreak of Iraq's worst violence in 18 months last week with fighting in Basra and the daily bombardment of the Green Zone diplomatic enclave, demonstrated that although the Sunni Muslim insurgency is dramatically diminished, Shia forces remain in a strong position to destabilise the country.

2008-04-07T16:41:00.000-06:00

Iran, Syria, Lebanon on military alert over US Gulf movements and Israel’s home defense drill

Syria on Alert 'Because Hizbullah Revenge Attack is Near'

Ellsworth AFB B-1 bomber catches fire in Qatar

Australian navy frigate deployed to Persian Gulf

U.S., Israel concerned N. Korean nuclear know-how reached Iran

Scott Ritter: Signs point to US planning attack on Iran

Are Israeli war games this week prelude to something big?

2008-04-07T16:39:00.001-06:00

Occupied Jerusalem: Israeli Minister of Defence Ehud Barak announced on Sunday that Israel started the biggest military and civil drills in its history, that would include unconventional weapons, in what military analysts believe is a prelude for something "big". "The readiness of the interior front and preparing it for any possibility is a determining factor in winning any war. The current drills gain special importance since they are based on the outcomes of the war against Lebanon in 2006," Barak said at a Cabinet meeting. The drills, which started the moment Israeli Prime Minister Ehud Olmert said, "the war has started", have been dubbed "turning point 2" by the government.

2008-04-07T16:38:00.000-06:00

Ben-Eliezer: If Iran attacks, Israel will destroy it

Iran: Arabs must closely watch Israeli drill

Country begins biggest-ever drill

Hizbullah believes Israeli defense drill is preparation for war

Barak tries to calm Syrian nerves over Israeli drill

Olmert reassures Syria: Home front drill not a threat

Assad: We'll use any means in Lebanon

'Warning to Assad sparked tension'

2008-04-07T16:36:00.000-06:00

Evangelist Hagee pledges $6 million to Israel

Bibi: Christian Zionists our top friends

Israel, U.S. plan to release details on Syria attack

2008-04-07T16:33:00.001-06:00

Israel and the United States are coordinating the release of details on the air force strike in Syria last September, which foreign reports claim targeted a nuclear installation Syria was constructing with North Korean assistance. American officials may reveal details of the strike later this month during congressional hearings. Even though the defense establishment in Israel is opposed to any publication of details of the attack, the Prime Minister's Bureau and U.S. President George W. Bush's administration are of the opinion that it is now possible to reveal details because there is little chance of a conflagration as a result of a Syrian decision to avenge the attack.

2008-04-07T16:31:00.000-06:00

Alarm bells in Europe over declining Dollar and surging Euro

Citigroup slumps as HSBC becomes world's largest company

HSBC bank admits losing personal data on 370,000 customers in post

IMF head calls for global action on turmoil

Darling calls for action on market turmoil

Fear of Iceland bail-out could signal new future for the IMF

ECB raises fears over warnings of crisis

China to allow investment into U.S. stocks, funds

Dallas Fed chief rejects Japan analogy

2008-04-07T16:30:00.000-06:00

‘Food crisis could last until 2010’

Food crisis stalking nations

Shortage of food grains may cause unrest!

Food riots fear after rice price hits a high

Rice the new gold as price surges

Cameroon: Global Trends Exposes Weakness in Food Production

Kim Jong-il hails North Korea's "invincible" troops

2008-04-07T16:27:00.001-06:00

North Korean leader Kim Jong-Il has hailed his troops as "invincible" during a military inspection, official media announced on Sunday amid a war of words and growing tensions with South Korea. Pyongyang in recent days has threatened to reduce the South to "ashes" and called its new conservative president, Lee Myung-Bak, a traitor, a United States sycophant and a political charlatan. On Sunday, the North's official Korean Central News Agency (KCNA) said Kim had been pleased by an inspection of his soldiers, finding that they had...

2008-04-07T16:25:00.000-06:00

5,000 children a month added to DNA database

Earthquake reported south of San Antonio

2008-04-07T16:21:00.002-06:00

A minor earthquake occurred about 95 miles south-southwest of Austin early this morning, according to the U.S. Geological Survey's National Earthquake Information Center. The quake was detected at 4:51 a.m. and registered 3.7 on the 10-point Richter Scale, used to measure the energy of earthquakes. The epicenter of the quake was pegged at 10 miles south of Poth in Wilson County.

2008-04-07T16:19:00.000-06:00

Earthquake rattles north-central Oregon

First case of human-to-human transmission of bird flu confirmed in Pakistan

2008-04-07T16:18:00.001-06:00

Pakistan's north-west and southern regions were hit by bird flu last year. Thousands of birds were culled to control the spread of the disease. Tests carried out by the World Health Organisation (WHO) have now shown that bird flu killed some members of a family in north-west Pakistan late last year. This is the first confirmation of people dying from bird flu in the country...

Without Walls' Founders To Answer Senator's Questions

2008-04-02T16:45:00.000-06:00

TAMPA - The founders of Without Walls International Church and Paula White Ministries apparently have decided to cooperate with a U.S. senator's inquiry into ministry finances. Staff for U.S. Sen. Chuck Grassley of Iowa said they expected to receive a packet of information from Randy and Paula White on Monday to address questions about whether the ministries have abused their tax-exempt status.

Defiant South Carolina Wins Real ID Extension

2008-04-02T16:39:00.000-06:00

Despite blasting a defiant last day letter to the Homeland Security Department over pending federal rules Monday, South Carolina Republican governor Mark Sandford secured South Carolinians the right to use their driver's licenses to board planes without being patted down, at least until 2010.

Student Sues Wisconsin School After Getting a Zero for Religious Drawing

2008-04-02T16:36:00.001-06:00

MADISON, Wis. — A Tomah High School student has filed a federal lawsuit alleging his art teacher censored his drawing because it featured a cross and a biblical reference.
The lawsuit alleges other students were allowed to draw "demonic" images and asks a judge to declare a class policy prohibiting religion in art unconstitutional.

U.S., Russia to sign strategic framework document

2008-04-02T16:35:00.000-06:00

MOSCOW (Reuters) - The leaders of Russia and the United States will sign a document outlining the framework for strategic relations between their two countries at a meeting this weekend, a Kremlin source told Reuters on Tuesday.
Russian President Vladimir Putin, who will hand over to his successor on May 7, and U.S. President George W. Bush, who is nearing the end of his term, are to meet on Sunday at Putin's Black Sea residence.

2008-03-27T10:43:00.002-06:00

CIBC admits $25B in credit crunch exposure
Canadian Imperial Bank of Commerce has admitted the full extent of its exposure to monoline insurers in its book of non-subprime credit derivatives is a whopping $25-billion. In materials posted to the bank's Web site, CIBC said the portfolio is currently in the hole for about $885-million, and the underlying assets in this book is of much higher quality than its book of subprime investments. The bank issued the disclosure ahead of a speech by chief executive Gerry McCaughey, which is due to take place Wednesday afternoon at a banking conference in Montreal.

2008-03-27T10:37:00.000-06:00

Protesters enter Bear Stearns building in New York
NEW YORK (Reuters) - About 60 protesters opposed to the U.S. Federal Reserve's help in bailing out Bear Stearns (BSC.N: Quote, Profile, Research) entered the lobby of the investment bank's Manhattan headquarters on Wednesday, demanding assistance for struggling homeowners. Demonstrators organized by the Neighbourhood Assistance Corporation of America chanted "Help Main Street, not Wall Street" and entered the lobby without an invitation...

2008-03-27T10:35:00.000-06:00

JPMorgan faces new fight against Bear Stearns rescue

More red ink: Merrill Lynch and UBS to writedown billions in mortgage losses

Henry Paulson warns US house prices must plunge

2008-03-27T10:32:00.001-06:00

Worst may be yet to come, warns European Central Bank chief

Bank of EnglandBank eyes new ways to resolve credit crisis

Ethiopia arrests 26 over fake gold in national bank vault

Reading The Signs And Knowing When It's Time To Prepare For A Major Food Crisis!

2008-03-27T10:31:00.000-06:00

Unfortunately, too many Americans are ignoring warning signs that have been present for years, and now, rather than attempting to decipher “the chatter” that assails us on a regular basis - many of us are burying our heads in the sand and hoping that all of the doom and gloom is nothing more than the pessimistic writing of people whom are paranoid and always live in a world of fear and uncertainty. Based on several indicators I’ve been tracking, it isn’t paranoia - and is a glimpse into the world that our MSM has been attempting to hide from the American people.

2008-03-27T10:25:00.001-06:00

Food Prices Spike Worldwide

N.Korea food crisis looms as aid dries up

Rice supply situation to worsen--farmers, civil society

Rising prices make crops tempting target for thieves

2008-03-27T10:23:00.000-06:00

Defense officials: Hezbollah rockets can reach almost all of Israel

2008-03-27T10:21:00.000-06:00

Iraqi oil export pipe sabotaged

Oil above $107 on pipeline attack