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Netanyahu’s nightmare scenario

Written on . Posted in PT Middle East.

Arutz Sheva: Prime Minister Binyamin Netanyahu is troubled by one scenario that may come true: a right-wing government with the participation of the haredi parties and Religious Zionism, along with Naftali Bennett, Gideon Sa’ar, Benny Gantz and possibly Yair Lapid.

If a kingdom is divided against itself, that kingdom cannot stand. Mark 3:24

Despite Lapid’s possible participation, it would be difficult to define such a government as a left-wing government. The scenario may become practical only at the last minute, if it becomes the only way to avoid a fifth election.

Channel 12 News reported that Prime Minister Netanyahu said in closed conversations: “If Bennett joins – I will be able to form a coalition of 61. If I had 59, I would already have 61, Bennett is not really with me.” People close to Netanyahu raised the possibility of giving up the premiership and running for president, but he in turn rejected the proposal for the time being and prefers to continue running for prime minister as Likud chairman. Read More

10-year Treasury yield hits 14-month highs, topping 1.77%

Written on . Posted in PT Global Economy.

CNBC:

  • The yield on the benchmark 10-year Treasury note jumped to 1.772% at 4:40 a.m. ET.
  • The yield on the 30-year Treasury bond rose to 2.456%. Yields move inversely to prices.
  • January’s S&P/Case-Shiller home price index is set to come out at 8 a.m. ET on Tuesday.

“The rich rule over the poor, and the borrower is slave to the lender.” Proverbs 22:7 NIV

The rise in yields comes a day ahead of President Joe Biden revealing details of his infrastructure plan. The recovery package will include up to $3 trillion in spending across a swathe of sectors in an effort to bolster the U.S. economy.

HSBC strategists said in a note published Monday that “stimulus and any infrastructure plan are likely to prove to be a sugar rush for the economy given the secular headwinds.” Read More

The Chauvin Defense? New Research Shows Alarming Increase In Fentanyl Abuse And Deaths

Written on . Posted in PT World Order.

Zero Hedge: As the trial of former police officer Derek Chauvin starts in Minneapolis, much of the trial will focus on the role of fentanyl in the body of George Floyd as the possible cause for his death. Notably, a new study in the last week reinforces prior research showing an alarming increase in the abuse of this powerful drug and deaths associated from it.  In some counties, there was an almost 75% increase in the first half of 2020 in fatal drug overdoses with fentanyl as the main culprit.

“But know this, that in the last days perilous times will come” 2 Timothy 3:1

While Floyd denied using drugs, he later said he was “hooping,” or taking drugs. That was confirmed in the autopsy which found that Floyd died from “cardiopulmonary arrest while being restrained by law enforcement officer(s).”

Derek Chauvin trial over death of George Floyd begins

The state’s criminal complaint against Chauvin said the autopsy “revealed no physical findings that support a diagnosis of traumatic asphyxia or strangulation.

Mr. Floyd had underlying health conditions including coronary artery disease and hypertensive heart disease.”

He also was COVID-19 positive.

Andrew Baker, Hennepin County’s chief medical examiner, strongly suggested that the primary cause was a huge amount of fentanyl in Floyd’s system:

“Fentanyl at 11 ng/ml — this is higher than (a) chronic pain patient. If he were found dead at home alone & no other apparent causes, this could be acceptable to call an OD (overdose). Deaths have been certified w/levels of 3.”

Al Sharpton Calls for Derek Chauvin’s Conviction Ahead of Murder Trial

Written on . Posted in PT World Order.

Breitbart: Al Sharpton called for former Minneapolis Police Officer Derek Chauvin’s conviction on Sunday night at a prayer vigil ahead of the murder trial in connection with George Floyd’s death.

“A man of wrath stirs up strife, and one given to anger causes much transgression.” Proverbs 29:22 ESV

Sharpton hosted a prayer vigil the night before Chauvin’s trial was scheduled to begin, where Sharpton and Floyd’s family called for Chauvin to be held accountable for his actions, the Minneapolis Star-Tribune reported.

“We must show with this case that a police officer must face the law just like anybody else,” Sharpton said. Read More

Is China’s new partnership enough to undermine US sanctions & rock global status quo?

Written on . Posted in PT Middle East.

RT: China and Iran have signed a strategic partnership agreement. For sanctions-wracked Tehran, it’s an economic lifeline. For Beijing, it’s the start of a tricky Middle East balancing act.

“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 NIV

In the midst of a spat of tensions between China and the West, Beijing’s Foreign Minister Wang Yi spent the weekend in Iran, another country that has borne the brunt of confrontation with the United States over the past few years. Sweeping the Middle East on his diplomatic tour, in Tehran Wang signed the long-awaited ‘Comprehensive Strategic Partnership’ agreement, hashed out last year, that will span 25 years and encompass Iran’s energy, infrastructure and technology sectors – valued up to an estimated $400 billion. It comes as geopolitical differences peak between Washington, Beijing and its allies.

Whilst China holds a delicate balance in Middle Eastern affairs, preferring a good relationship with everyone, this agreement is a gamechanger. Read More

Zero Lessons Learned: Stock Buybacks Soar To All Time High

Written on . Posted in PT Global Economy.

Zero Hedge: One would have hoped that if the global financial community had learned one lesson from the covid crisis, it would be that companies would be far less reckless when repurchasing billions in shares – all with the express purpose of making shareholders and management richer – while levering up and exposing themselves to catastrophic risk, usually culminating in taxpayer bailout requests as the following headline from just over a year ago summarized so well.

“He who loves money will not be satisfied with money, nor he who loves wealth with his income; this also is vanity.” Ecclesiastes 5:10 ESV

Alas, we are dealing with Wall Street, and if there is one lesson above all to be learned, it is that any secondary lessons that leads to less revenue are quickly forgotten. Which brings us to the latest Client Flow report, where we learned that despite a very modest slowdown vs the prior week, the recent resurgence in stock repurchases means that the four-week average buybacks are now at a record high in BofA’s data going back to June 2009…

In short: not only is everything back to abnormal, but we now have full-blown buyback mania back coupled with the Fed injecting $120BN in liquidity every month until at least 2022. For those who somehow think that this makes for a prudent shorting combination, our condolences. Read More

One Bedouin Tribe Remains Red, the Rest of Israel Is Over the Pandemic

Written on . Posted in PT Middle East.

Jewish Press: According to the Health Ministry, since the Passover weekend, there have been no red municipalities in Israel, apart from the settlement area of Mas’udein el-Azazme, a Bedouin tribe in the Negev. Other than that, there are six orange municipalities, and the rest of the country is either green or yellow.

One year after the Haredi sector was leading Israel with its Corona numbers and the Haredi city of Bnei Brak entered its first local lockdown, on Monday, according to the Health Ministry, there was only one new Haredi Corona patient in the country. Also, the percentage of positive tests in the Haredi sector is 0.8%, while in the general public it is 1.5%. Also, while the overall infection rate in Israel dropped to 0.55, in the Haredi sector it stands at 0.44.

All the Haredi cities remain green, and the Bnei Brak is the greenest city in Israel. The numbers show that in Bnei Brak there is one patient per 10,000 residents. The same is true in the cities of Beitar Illit and Elad. In Modi’in Illit, Emanuel and Rechasim, there are two patients per 10,000 residents, and in Kiryat Ya’arim there are 11.

For the first time in four months, the number of active patients in

Israel is less than 10,000. In the past week, an average of 629 new daily patients were discovered, about half of the daily average the week before. Read More

Floyd Trial Begins Today: Video of Arrest May Appear Early …

Written on . Posted in PT World Order.

Breitbart: A former Minneapolis police officer goes on trial Monday in George Floyd’s death, and jurors may not wait long to see parts of the bystander video that caught Derek Chauvin’s knee on Floyd’s neck.

Jury selection begins in Derek Chauvin's trial in the death of George Floyd. Here's what to expect

A former Minneapolis police officer goes on trial Monday in George Floyd’s death, and jurors may not wait long to see parts of the bystander video that caught Derek Chauvin’s knee on Floyd’s neck, sparking waves of outrage and activism across the U.S. and beyond.

Prosecutors have not said when they will play the video, but legal experts expect it to be early — maybe even in the prosecution’s opening statement — as they seek to remind jurors of what is at the heart of their case.

“If you’re a prosecutor you want to start off strong. You want to frame the argument — and nothing frames the argument in this case as much as that video,” said Jeffrey Cramer, a former federal prosecutor and managing director of Berkeley Research Group in Chicago.

Floyd was declared dead after Chauvin, who is white, pressed his knee against Floyd’s neck for about nine minutes. He held his position even as Floyd’s “I can’t breathe” cries faded and he went limp as he was handcuffed and lying on his stomach. Chauvin is charged with unintentional second-degree murder, third-degree murder and manslaughter.

Almost all of the jurors selected during more than two weeks of questioning said they had seen at least parts of the video, and several acknowledged it gave them at least a somewhat negative view of Chauvin. But they said they could set that aside.

United Arab List chief meets with Lapid, demanding freezing of law to combat illegal construction.

Written on . Posted in PT Middle East.

Arutz Sheva: MK Mansour Abbas, chairman of the United Arab List (Ra’am) met Sunday morning with Opposition Leader and Yesh Atid chief Yair Lapid.

“Even though Edom has said,
“We have been impoverished,
But we will return and build the desolate places” Malachi 1:4

At the end of the meeting the two said that discussions will continue in the coming days, a Yesh Atid spokesperson said.

During the meeting with Lapid, Abbas laid out a number of conditions for supporting an alternative government to unseat Prime Minister Netanyahu. Read More

Bitcoin jumps as Visa is reportedly said to allow payment settlements using cryptocurrency

Written on . Posted in PT Global Economy.

Forex.com: Visa is said that on Monday, it will allow the use of cryptocurrency USD Coin to settle transactions on its payment network. The report headline may be a bit of a stretch since this actually only covers USDC.

However, Visa’s acceptance of the stablecoin in general – this one is pegged to the US dollar and runs on Ethereum and Algorand blockchain – is a positive sign for the rest of the cryptocurrency industry at least.
Bitcoin has jumped from $56,250 to just above $57,000 on the headlines