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US to offer Iran new nuclear deal, sanctions relief this week

Written on . Posted in PT Middle East.

JPost: The United States is trying to break the nuclear deadlock with Iran and is planning a new proposal that would include some sanctions relief for the Islamic Republic, according to a report in Politico.

“You and all your troops and the many nations with you will go up, advancing like a storm; you will be like a cloud covering the land.” Ezekiel 38:9

Biden administration officials plan to put forth a new proposal to restart nuclear talks between Washington and Tehran as soon as this week, two people familiar with the situation told Politico.

According to the report, the American proposal would ask Iran to stop some of its nuclear activities, such as work on advanced centrifuges and the enrichment of uranium to 20 percent purity, in exchange for some relief from US economic sanctions, said one of Politico’s two sources.
However, the details of this potential deal are still being worked out by the US and it’s not at all certain that Iran will accept the terms. Indeed, Tehran rejected a US proposal earlier this year, saying it was “unacceptable”, countering with their own idea, which the Biden team declared a non-starter. Read More

Consumer Confidence Highest In A Year

Written on . Posted in PT Global Economy.

Talk markets: The headline number of 109.7 was an increase of 19.3 from the final reading of 90.4 for February. This was above the Investing.com consensus of 96.9.

” …You earn wages, only to put them in a purse with holes in it.” Haggai 1:6

“Consumer Confidence increased to its highest level since the onset of the pandemic in March 2020,” said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. “Consumers’ assessment of current conditions and their short-term outlook improved significantly, an indication that economic growth is likely to strengthen further in the coming months. Consumers’ renewed optimism boosted their purchasing intentions for homes, autos and several big-ticket items.

However, concerns of inflation in the short-term rose, most likely due to rising prices at the pump, and may temper spending intentions in the months ahead.” Read more

Bolstered By Chinese $400 Billion Deal, Iran Won’t Stop Enriching Uranium Until Biden Drops Every Last Sanction

Written on . Posted in PT Middle East.

Jewish Press: A senior Iranian official said on Monday that his government would not stop its 20% uranium enrichment before all the US sanctions are lifted.

“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

Speaking on state-run Iranian Press TV, the official said that the “20% uranium enrichment is in line with Paragraph 36 of the JCPOA (Joint Comprehensive Plan of Action – the 2015 nuclear agreement) and will be stopped only if the US lifts all the sanctions.” We’ll cover that point a few paragraphs down.

China's foreign minister may visit Japan as early as October | The Japan Times

Meanwhile, on Saturday, China signed a sweeping economic and security agreement with Iran, which includes investing $400 billion over 25 years in exchange for Iranian oil. Chinese foreign minister Wang Yi told President Hassan Rouhani that “China firmly supports Iran in safeguarding its state sovereignty and national dignity,” adding that the United States must immediately drop its sanctions on Iran and “remove its long arm of jurisdictional measures that have been aimed at China, among others.”

At this point, Iran has no incentive to return to the JCPOA unless the US surrenders every last sanction against its economy. Read More

Sex-selective abortion kills baby girls, but feminist leaders insist abortion is a social necessity

Written on . Posted in PT World Order.

LifeSite News: It is one of modern feminism’s many twisted ironies that abortion, championed as the essential key to women’s liberation, is predominantly used to kill females because they are female. More than 100 million baby girls are missing worldwide, most of them the victims of feticide. China’s population suffers a staggering shortage of women because the One Child Policy and a cultural preference for sons has resulted in untold carnage in the womb for baby girls — and those who survive are often murdered through infanticide.

“Did not He who made me in the womb make them?
Did not the same One fashion us in the womb?” Job 31:15

In Canada, some cultural communities prefer boys — and people are happy to avail themselves of Canada’s feminist feticide services to rid themselves of unwanted girls. Just this month, CityNews published another exposé on sex-selective abortion in Canada.

According to the British Medical Journal this month, sex selective abortion is a growing problem in Nepal, as well. Examining census data from 2011 to 2016, several social scientists believe that the rate of missing girls who had been killed through abortion between 2006 and 2011 was one in fifty, or roughly 22,540, and that the numbers have been rising steadily.

As in many other cultures, boys are preferred to girls for financial reasons, with girls seen as a financial drain due to the necessity of paying a dowry and the likelihood of them “leaving the family” upon marriage, while boys are seen as an economic investment. Read More 

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