Skip to main content

Author: Author1

Biden switches back to Obama mode on nuclear-armed Iran

Written on . Posted in PT Middle East.

Assessment: No wonder Tehran was suddenly accommodating and agreed to resuming negotiations next month …

The US has dropped demands for Iran to halt ballistic missile development and regional destabilization aggression from the drive to renegotiate a nuclear deal with Iran. This was indicated by US President Joe Biden at the G20 summit taking place last week in Rome. He merely “pledged” that “if the US returns to the Iran nuclear agreement, it will only subsequently leave if Tehran clearly breaks the terms of the deal.”

These demands were integral to Israel’s support for the diplomatic path Biden has advocated for the resolving the issue of a nuclear-armed Iran.

“Persia, Cush and Put will be with them, all with shields and helmets” Ezekiel 38:5

However, the European signatories of the original 2015 nuclear accord (JCPOA) hailed this pledge as the key to unlocking the diplomatic impasse reached on the Vienna track.

German Chancellor Angela Merkel, French President Emmanuel Macron and the UK’s Boris Johnson stated: “We welcome President Biden’s clearly demonstrated commitment to return the US to full compliance with the JCPOA and to stay in full compliance, so long as Iran does the same.”

Seen from Israel, the Biden administration has backtracked from its earlier acceptance of the need to restrain Iran’s regional belligerence and ballistic missiles, along with the drive for a nuclear weapon capability:

  1. Iran has already committed numerous breaches of the terms of the 2015 accord …
  2. How much is the Biden pledge worth if his presidency ends in 2024? …
  3. By reverting to the Obama position, Biden too is ready to give Iran free rein on its ballistic missile program and regional warmongering by using terrorist organizations like the Lebanese Hizballah the Iraqi Shiite militias and Yemen’s Houthi rebels.

Read More @ Debkafile HERE

Stocks & Crypto Soar To Record Highs As Fed Taper Sparks Hawkish Surge In Rate-Hike Odds

Written on . Posted in PT Global Economy.

Assessment: The Fed was cautious with minimal cuts to Treasury purchases (QE). Keep in mind that the fear and greed index favors the 1% getting richer …

The dollar plunged and stocks soared after The Fed unveiled its taper and raised concerns about the transitory nature of inflation, prompting the market to send rate-hike odds notably higher (and sooner).

” … and do not harm the oil and the wine.” Rev. 6:6

But Curvature notes:

“The tapering announcement was generally as expected, but at the same time, a little different. Yes, the FOMC announced the Fed will purchase $15 billion fewer securities beginning in November. Basically, as expected.

However, here’s the interesting part. The Fed pre-announced a second tapering of $15 billion in December. That means that beginning in January, tapering is still a “wild card.” We will expect another cutback of $15 billion in January, however, it’s not guaranteed.

Theoretically, they could stop tapering in January or they could increase the pace of tapering.

Overall, it looks like the December FOMC meeting will be important for the markets”

Market reactions sent mixed messages:

  • Dovish: USD down, Stocks up, Breakevens higher.
  • Hawkish: Implied rate-hike odds up, TSY yields up, gold down, oil down
  • And crypto was up – is that dovish or hawkish (they’re gonna hike, break the world, and resume QE to save us all again?) Read More 

Incredibly Bad Idea Gains Steam At COP26: Tariffs To Combat Climate Change

Written on . Posted in PT Global Economy.

Assessment: Tariffs are not a tax on foreign nations. Tariffs are a tax on US consumers and businesses guaranteed to drive up prices at a time when concerns over inflation are already soaring …

I did not expect much progress out of COP26. But I failed to consider the spreading of  bad ideas.

Policy makers on both sides of the Atlantic are looking at targeting steel, chemicals and cement. The tariffs would give a competitive advantage to manufacturers in countries where emissions are relatively low.

“… And he who earns wages,
Earns wages to put into a bag with holes.” Haggai 1:6

Economists and policy makers have been exploring the idea of carbon tariffs over the past 20 years, to level the playing field for domestic companies and to encourage trading partners to toughen their own emissions rules. When Yale University economist William Nordhaus accepted the Nobel Prize for his work on the economics of climate change in 2018, he proposed a global “climate club” of low-polluting countries that would impose a 3% tariff on imports from higher-polluting non-club members.

The European Union has taken the lead in carbon tariffs, unveiling its proposed plan in July. It currently has a cap-and-trade system in which domestic companies must obtain a permit to emit carbon, capped at a set amount. Permits currently change hands for around 60 euros, or $68, per metric ton of emissions.

Under its proposal, the EU would charge producers outside the area a fee similar to what domestic companies pay, based on the carbon content of their products sold in Europe. The border adjustments would initially apply to four heavily polluting sectors: steel, aluminum, cement and fertilizer. European officials hope to implement the program by 2025 as part of a broader deal to cut continental emissions 55% by 2030.

British, Japanese and Canadian governments have begun exploring similar plans. Read More @ Zero Hedge HERE

Iranian Oil Sales to China Skyrocket as Experts Say Biden Admin Turns Blind Eye to Sanctions Enforcement

Written on . Posted in PT Middle East.

Assessment: Experts say the Biden administration is already tacitly allowing these sales to increase by not enforcing sanctions still in place—giving the Iranian regime a critical financial lifeline as its economy teeters on the brink of collapse …

Illicit Iranian oil sales to China have soared in recent months as the Biden administration attempts to reenter the 2015 nuclear accord, raising concerns from Iran experts that the United States is turning a blind eye to sanctions violations in a bid to entice Iran back to the bargaining table.

China imported nearly 800,000 barrels of Iranian crude per day on average during the last three months, almost double the amount it was illegally buying from Iran during the same period last year when the Trump administration was pressuring Iran with a crippling sanctions campaign. The increase comes amid an effort by China and Iran to boost diplomatic ties and force the Biden administration into removing sanctions on the Islamic Republic.

“Persia, Cush and Put will be with them, all with shields and helmets, 6 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

 

Iran has also been building out a large “ghost armada” of ships that illegally transfer oil to China, Syria, and Russia, among others, and evade sanctions by turning off their onboard transponders, essentially making these ships invisible. The number of these ships known to be in operation has increased in recent months, according to research conducted by United Against Nuclear Iran (UANI), an advocacy group that tracks Iran’s monthly oil exports and shipping industry.

China’s importation of Iranian oil has drastically increased since January 2021, according to experts tracking the numbers, and has coincided with the Biden administration’s efforts to revive nuclear negotiations with Tehran.

The United States has promised to waive sanctions on Iran that were imposed by the Trump administration, including those on its oil trade, if Iran agrees to return to the deal.

Read More @ Free Beacon HERE

Locking Guests Inside Disneyland Shows China’s Extreme Covid Tactics

Written on . Posted in PT World Order.

Assessment: A small county in eastern China’s Jiangxi province turned all its traffic lights to red after one case was detected, breaking the province’s 610-day Covid-free track record …

While thousands of visitors to Shanghai Disneyland on Sunday were queuing for roller coasters and watching fireworks above the fairytale castle, staff quietly sealed the amusement park. People in Hazmat suits streamed in through the gates, preparing to test everyone for Covid-19 before they could leave for the day.

Nearly 34,000 people at Disneyland underwent testing, which ended close to midnight, long after the festivities at the park are usually finished. Ferried home on 220 special buses, all were found Monday to be negative but are still required to isolate at home for two days, and be re-tested for the coronavirus in two weeks.

“He causes all, both small and great, rich and poor, free and slave, to receive a mark on their right hand or on their foreheads” Rev. 13:16  

The shutdown of one of Walt Disney Co.’s most lucrative parks came after a positive case in a woman who traveled to Shanghai from nearby Hangzhou over the weekend. While officials are yet to confirm whether she visited Disneyland, her infection sparked an aggressive contact tracing effort across China, which eventually ensnared the park-goers, their families and Disneyland staff.

To people in parts of the world where Covid is already endemic, the reaction may seem extreme, but it’s emblematic of China’s increasingly hardcore approach to keeping the pathogen out at any cost. Read More @ MSN HERE

China Sparks “Panic Buying” After Telling Households To Stockpile Food Ahead Of Winter

Written on . Posted in PT Global Economy.

Assessment: “As soon as this news came out, all the old people near me went crazy panic buying in the supermarket,” wrote one Weibo user …

Central planners are at it again. In September, China ordered the country’s top state-owned energy companies to secure supplies for this winter at “all costs.” Now they’re telling households to stockpile food ahead of winter, sparking wild conspiracies among netizens about heightening tensions with Taiwan.

According to Bloomberg, the Ministry of Commerce told households Monday to stock up on food in case of emergencies after a resurgence of the virus pandemic, heavy rains that sparked vegetable prices to jump, and the onset of colder weather.

The commerce ministry directive is similar to the one released ahead of the holidays at the start of October, which told local governments to secure food supplies. The order comes as a coronavirus outbreak prompted fresh lockdowns.

The directive was released on the government’s Weibo account, a similar platform to Twitter, stated: “Ministry of Commerce encourages households to stockpile daily necessities as needed.” It had more than 17 million views as of Tuesday

Republican Glenn Youngkin Wins Governor’s Race In Virginia, Experts Project

Written on . Posted in PT World Order.

Assessment: The Virginia election is shaping up to be a massive repudiation of Democrat woke, socialist, pro-abortion, anti-Israel policies …

Multiple election experts projected on Tuesday night that Republican Glenn Youngkin beat Democrat Terry McAuliffe in Virginia’s governor’s race in what many critics say is a backlash to far-left Democrat policies.

Dave Wasserman of the non-partisan Cook Political Report and Decision Desk HQ both have called the race for Youngkin, who is currently leading 55% to McAuliffe’s 44.3% with 63% reporting. Business Insider also called the race for Youngkin.

“We’re gonna win,” Biden said. “I think we’re going to win in Virginia.”

Read More @ Daily Wire HERE

Dozens Killed and Wounded as Blasts and Gunfire Hit Kabul Hospital

Written on . Posted in PT Middle East.

Assessment: There was no immediate claim of responsibility but the operation was typical of the complex attacks mounted by Islamic State …

At least 25 people were killed and more than 50 wounded in an attack on Afghanistan’s biggest military hospital on Tuesday which saw two heavy blasts followed up by gunmen assaulting the site in central Kabul, officials said.

“ And you will hear of wars and rumors of wars. See that you are not troubled; for [all these things must come to pass, but the end is not yet.” Matthew 24:6

The explosions took place at the entrance of the 400-bed Sardar Mohammad Daud Khan hospital and were followed immediately with an assault by a group of gunmen, Taliban spokesman Bilal Karimi said.

Four of the attackers were killed by Taliban security forces and a fifth was captured, he said.

The blasts add to a growing list of attacks and killings since the Taliban completed their victory over the Western-backed government in August, undermining their claim to have restored security to Afghanistan after decades of war.

Read More @ Algemeiner HERE

We Refused to Lie About Rachel Levine’s Gender—So Twitter Locked Our Account

Written on . Posted in PT World Order.

Assessment: At Prophecy Tracker we solved the Twitter police problem by not using not using twitter …

We knew this would eventually happen. Twitter has locked PJ Media’s account and is demanding that we delete a tweet that told the truth about Rachel Levine’s gender. You remember Levine. He’s Joe Biden’s transgender assistant secretary for Health for the U.S. Department of Health and Human Services and, if you believe the Washington Post, the “first-ever female four-star admiral” in the U.S. Public Health Service Commissioned Corps.

“So God created man in His own image; in the image of God He created him; male and female He created them” Genesis 1:27

PJM’s Matt Margolis took issue with that claim in an article titled: “Rachel Levine Is Not the ‘First Female Four-Star Admiral’… Because He’s a Male.” He wrote:

Even if you believe that gender is a social construct and subject to how one feels and not dependent on biology, sex chromosomes determine whether an individual is male or female. Rachel Levine is 100 percent male, right down to his DNA. He is not a female. He may have grown his hair out and changed his name to a woman’s name, but that doesn’t make him a female.