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Be (Very) Afraid: World Economic Forum Expands List of Global Fears for 2022

Cyber attacks, militarization of space, extreme weather events, ecosystem collapse, social divisions, wars and the coronavirus pandemic. These are the key worries the World Economic Forum (WEF) highlighted Tuesday as reasons to be fearful for 2022.

A report released by the Switzerland-based organization, headed by founder and executive chairman Klaus Schwab, detailed the grim tidings ahead of the annual elite winter gathering of CEOs and world leaders in the ski resort of Davos.

The event has been postponed for a second year in a row because of coronavirus. WEF organizers still plan some virtual sessions next week, however its Global Risks Report 2022 makes for unpleasant reading.

For I know that my Redeemer lives,
And He shall stand at last on the earth” Job 19:25 

It is based based on a survey of about 1,000 experts and leaders and in summary says:

WORLD OUTLOOK

The pandemic and its economic and societal impact still pose a “critical threat” to the world, the report said. Big differences between rich and poor nations’ access to vaccines mean their economies are recovering at uneven rates, which could widen social divisions and heighten geopolitical tensions.

By 2024, the global economy is forecast to be 2.3 percent smaller than it would have been without the pandemic. Commodity prices, inflation, and debt are rising in both the developed and developing worlds.

DIGITAL DISHARMONY

Attacks on critical infrastructure, misinformation, fraud and digital safety in 2022 will impact public trust in digital systems and increase costs for all stakeholders, the report said.

“We’re at the point now where cyberthreats are growing faster than our ability to effectively prevent and manage them,” said Carolina Klint, a risk management leader at Marsh, whose parent company Marsh McLennan co-authored the report with Zurich Insurance Group and SK Group.

Read More @ Breitbart HERE

Erdogan vows to tame Turkish inflation as scepticism grows

Assessment: Goldman Sachs said in a research note it expected Turkey’s annual inflation to exceed 40% in January, after which it could surpass 50% and remain elevated until the end of the year, when base effects would lower it to around 33% …

President Tayyip Erdogan promised on Wednesday to tame Turkey’s surging inflation, which hit 36% last month, but economists predicted it could push much higher, piling further pressure on the battered lira currency.

The lira shed 44% of its value in 2021, its worst performance in Erdogan’s near two decades in power.

“also Gomer with all its troops, and Beth Togarmah from the far north with all its troops—the many nations with you.” Ezekiel 38:6

President Tayyip Erdogan promised on Wednesday to tame Turkey’s surging inflation, which hit 36% last month, but economists predicted it could push much higher, piling further pressure on the battered lira currency.

The lira shed 44% of its value in 2021, its worst performance in Erdogan’s near two decades in power.

Read More @ Reuters HERE

Bidenflation Crushed Workers in 2021: Three Worst Wage Contractions on Record

Assessment: Inflation plowed ahead at its fastest 12-month pace in nearly 40 years during December, the consumer price index, a metric that measures costs across dozens of items, increased 7%, according to the department’s Bureau of Labor Statistics …

Record high job openings and extremely low employment have not stopped workers from losing ground due to inflation running at a 39-year high, data from the Labor Department showed Wednesday.

Real average hourly earnings–meaning, earnings after inflation–were down 2.4 percent, seasonally adjusted, from December 2020 to December 2021. The change in real average hourly earnings combined with no change in the average workweek resulted in a 2.3-percent decrease in real average weekly earnings over this period.

“You have sown much, and bring in little;
You eat, but do not have enough;
You drink, but you are not filled with drink;
You clothe yourselves, but no one is warm;
And he who earns wages,
Earns wages to put into a bag with holes.” Haggai 1:6

US President Joe Biden has his back patted by Vice President Kamala Harris upon arrival at Atlanta Hartsfield-Jackson International Airport in Atlanta, Georgia, on January 11, 2022. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images)

Inflation-adjusted hourly wages for production and nonsupervisory workers fell 1.9 percent from December 2020 to December 2021. Weekly wages fell two percent.

December’s year-over-year figure was the third-worst in records going back to 2007. The worst was April of last year, followed by May.

Read More @ Breitbart HERE

Taliban Vows to Overrun DC with 2,000 Suicide Bombers, Biden Admin Silent as the Grave

Assessment: That the best armed terror group in the world has not changed its ideology became clear on September 8, 2021 with this statement: “The Taliban are willing to establish ties with all countries except for Israel”. Remind me again, who has been Israel’s protector?

Remember how, after the fall of Kabul, we were promised Taliban 2.0? It was going to be a softer, gentler theocracy — one which was going to include a multitude of voices in government and which definitely wouldn’t be embracing terrorism like it did during its first tenure running the country of Afghanistan.

“Because the Lord has sworn: the Lord will have war with Amalek from generation to generation.” Exodus 17:16

Yes, well, about that: A report states the group, currently the de facto government of Afghanistan, has now threatened to send 2,000 suicide bombers to Washington, D.C. And yet, there’s nary a peep out of President Joe Biden’s administration.

It’s not that we couldn’t have seen this coming. Since the Biden administration’s capitulation in Afghanistan this summer, the Taliban has made it clear through their actions they’re still the same extremists they were when we chased them from power. The Western Journal has been bringing readers the truth about just how bad the situation in Afghanistan is — and why the president is directly responsible. You can help us bring America the facts by subscribing today.

Beef Prices Jump As Omicron Spread Sickens Meat Plant Workers

The COVID-19 Omicron variant’s spread among U.S. meatpacker workers is threatening beef output and raising prices, according to Bloomberg.

New data from the U.S. Department of Agriculture shows beef output last week dropped 5.3% YoY, and wholesale prices jumped 1.3% on Monday, the most significant increase since August.

Rising meat prices have been the Biden administration’s core focus as food inflation is a big concern for working poor Americans. Biden’s polling data is near an all-time low as inflation wipes out wage gains.

“He takes away the understanding of the chiefs of the people of the earth, And makes them wander in a pathless wilderness.” Job:12:24

The administration has blamed the meat industry for price-gouging. Still, it appears they have very little knowledge or are unable to or unwilling to admit problems actually driving inflation in the industry, which is related to labor issues.

Read More @ Zero Hedge HERE

Expectations for a deal to emerge from Iran nuclear talks

Assessment: Even Iran’s Supreme Leader Ali Khamenei, the ultimate decision-maker on matters of strategic importance, seems to be hinting that a deal is in the works …

After weeks of doubts and mutual accusations of bad-faith negotiations, a newfound optimism is emanating from the Iran nuclear talks in Vienna. Notably, the US and France, which had sounded an increasingly dire tone as talks dragged on, are now decidedly more sanguine in their public statements.

“You shall fall upon the mountains of Israel, you and all your troops and the peoples who are with you; I will give you to birds of prey of every sort and to the beasts of the field to be devoured.” Ezekiel 39:4

Last Thursday, US State Department spokesman Ned Price said that the US was seeing “modest progress.”

“I remain convinced we can reach a deal. Bits of progress have been made in the last few days,” French Foreign Minister Jean-Yves Le Drian told French media the next day. “We have been heading in a positive direction in the last few days, but time is of the essence.”

Even Israeli officials are increasingly convinced a deal is on the way. On January 3, Foreign Minister Yair Lapid told journalists that Israeli officials now believe an agreement will be reached.

Read More @ Times of Israel HERE

Swastika-draped casket at neo-fascist funeral in Rome sparks outrage

Assessment: Catholic leaders denounce procession at local church, which included mourners making fascist salute, as ‘offensive and unacceptable’ …

Photos and video of the scene outside St. Lucia church following the Monday funeral service were published by the Italian online news portal Open. They showed around two dozen people gathered outside the church as the swastika-draped casket emerged, shouting “Presente!” (“Present!”) with their right arm extended in the fascist salute.

Yet for Your sake we are killed all day long;
We are accounted as sheep for the slaughter.” Psalm 44:22

In a statement Tuesday, the Vicariate of Rome strongly condemned the scene and stressed that neither the parish priest, nor the priest who celebrated the funeral, knew what was going to transpire outside after the funeral Mass ended.

It called the swastika-emblazoned Nazi flag “a horrendous symbol irreconcilable with Christianity.”

“This ideological and violent exploitation, especially following an act of worship near a sacred place, remains serious, offensive and unacceptable for the church community of Rome and for all people of good will in our city,” it said.

Read More @ Times of Israel HERE

Fed Chair Powell says rate hikes, tighter policy will be needed to control inflation

Assessment: In addition to rate hikes, the Fed also is tapering its monthly bond purchases, which have added more than $4.5 trillion to its balance sheet since the early days of the pandemic …

Federal Reserve Chairman Jerome Powell, with a seemingly clear path to a second term heading the central bank, declared Tuesday that the U.S. economy is both healthy enough and in need of tighter monetary policy.

“A quart of wheat for a denarius, and three quarts of barley for a denarius; and do not harm the oil and the wine.” Rev. 6:6

As part of his confirmation hearing before the U.S. Senate Committee on Banking, Housing and Urban Affairs, Powell said he expects a series of interest rate hikes this year, along with other reductions in the extraordinary help the Fed has been providing during the pandemic era.

“As we move through this year … if things develop as expected, we’ll be normalizing policy, meaning we’re going to end our asset purchases in March, meaning we’ll be raising rates over the course of the year,” he told committee members. “At some point perhaps later this year we will start to allow the balance sheet to run off, and that’s just the road to normalizing policy.

Read More @ CNBC HERE

DOJ Creates Specialized Unit For Domestic Terrorism Amid Attempts To Dub Jan.6 “Worse Than 9/11”

Assessment: The specialized domestic terrorism unit, he described, is further necessary to “to augment our existing approach” – despite the DOJ already having a counterterrorism section within National Security Division, and such cases also long being handled by FBI units …

From the beginning the Biden administration has clearly prioritized the threat of ‘White extremism’ as the prime and most pressing domestic security concern – for example in June issuing the White House’s National Strategy for Countering Domestic Terrorism, which defined the “the two most lethal elements of today’s domestic terrorism threat” as : (1) racially or ethnically motivated violent extremists who advocate for the superiority of the white race and (2) anti-government or anti-authority violent extremists, such as militia violent extremists.”

“Even the captives of the mighty shall be taken away,
And the prey of the terrible be delivered;
For I will contend with him who contends with you,
And I will save your children.” Isaiah 49:25 

(DHS task force monitoring Proud Boys rally in Portland Oregon in 2020)

Naturally, this became a cause for concern as often simple ‘middle America’ Trump voters were increasingly labeled by mainstream media and in public discourse as associated with “terrorism” – given especially the events of Jan.6 – which some Republican leaders too have begun to label as a “terrorist attack”. Prominent liberal pundits, for example over at MSNBC and other outlets, began to suggest that Jan.6 was “worse than 9/11”.

Israel not bound by any nuclear deal with Iran, Bennett says

Assessment: Israel has broadly opposed a restoration of the 2015 agreement but high-ranking officials — notably Defense Minister Benny Gantz and Foreign Minister Yair Lapid — have indicated the country could support a deal that it viewed as offering definitive checks on Iran’s nuclear ambitions …

Israel will take action against Iran if it needs to, regardless of any nuclear agreement between Tehran and world powers, the Israeli prime minister warned on Monday.

Naftali Bennett spoke as talks continued in Vienna on reviving the Joint Comprehensive Plan of Action, the 2015 deal to curb Iran’s nuclear program in return for the lifting of economic sanctions.

 Persia, Cush and Put will be with them, all with shields and helmets, also Gomer with all its troops, and Beth Togarmah from the far north with all its troops—the many nations with you”. Ezekiel 38:5-6

“Regarding the nuclear talks in Vienna, we are certainly concerned. It is important for me to say here clearly and unequivocally: Israel is not a party to the agreements,” Bennett said.

“Israel is not bound by what will be written in the agreements, if they are signed, and Israel will continue to maintain full freedom of action anywhere any time, with no constraints.”

Negotiations to salvage the nuclear deal resumed in late November after they were suspended in June as Iran elected a new, hard-line president.

Read More @ Arab News HERE