News and Prophecy Staff

An unclassified 2009 report produced by a U.S. government contractor concluded that the 2008 economic crash may have been perpetrated in part by international financial terrorists.

A recent article highlighted how much of the U.S. debt is held by foreign creditors (approximately 30%). China and Japan combined hold about 40% of the foreign-owned debt. Other creditors include the UK, Russia, Canada, Hong Kong, and many oil-exporting nations in the Middle East.

In what some are calling a “landmark decision,” two UK High Court judges recently ruled that a couple could not serve as foster parents because they believe homosexuality is a sin. The case was brought by a social worker who was worried when the couple would not condone homosexuality. Mrs. Johns, one of the potential foster parents, commented for herself and her husband: “We are prepared to love and accept any child. All we were not willing to do was to tell a small child that the practice of homosexuality was a good thing.”

Last week, a 9.0 earthquake struck Japan, the strongest quake recorded to hit Japan. The quake destroyed structures on Japan’s north-east coast and damaged a nuclear power plant that is now releasing radiation. The quake generated a 30 foot-high tsunami that devastated coastal villages. As the tsunami sped west, it also impacted islands in the Pacific and coastal areas along the west coast of North, Central, and South America (USA Today, March 14, 2011, 1A).

Economists predict that unless there is an unusually large wheat harvest this year, world wheat prices will experience “wild price swings” over the next year. According to Keith Collins, former chief economist for the U.S. Department of Agriculture, “The stage is set for very serious disruptions, should weather disasters happen… It seems clear to me that the chance of a more widespread global food crisis has increased.”