Tag Archives: pandemic

BRITAIN AND AMERICA LEAD WITH CORONA VIRUS

Michigan’s Governor Gretchen Whitmer has taken draconian steps to stop the spread of the corona virus. The restrictions she has imposed on Michigan are unprecedented. Cartoons like this one illustrate the public’s distrust of government, though most people seem to support the measures she has taken. At the same time, North Korea’s leader was missing, presumed dead.

In the US, there have been over 70,000 corona virus deaths; in the UK over 32,000 (proportionately the UK is worse than the US).   What this could mean remains to be seen.

Two months ago, Britain looked on in horror as deaths from Covid-19 skyrocketed in Italy.   Now, the UK’s own death toll from the disease has eclipsed its continental neighbor to become the worst in Europe.

Yet with the true figure likely to be significantly higher due to missed cases and a lag in reporting, the country is braced for worse news to come.  (The Week, 5/6/2020)

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RATE OF UNEMPLOYMENT

The latest unemployment figures came out this morning (Thursday).  An additional 3.2 million people filed for unemployment benefit last week.   That brings the total number of Americans without a job to 33.5 million.

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RESISTANCE MOUNTS

From Maine to California, Americans are defying government officials and reclaiming their First Amendment rights to assemble and protest.  They are opening up their businesses in open defiance of the authoritarian political leaders.   The resistance is building and thankfully remains (mostly) peaceful.  How long until the dam breaks and the lockdown regime comes crashing down?(https://patriotpowerednews.com/resistance-to-lockdown-builds-coronavirus-tyrants-losing-their-grip/)

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BRITISH ECONOMY HITS ROCK BOTTOM

In recent weeks economic data have forced statisticians to change the scale on their charts by hitting new lows.  This week they showed a record drop in construction activity, and the car industry’s trade body reported that new registrations fell by 97% year-on-year in April.   The good news is that the last month probably represented the bottom for Britain’s economy, with lockdown restrictions likely to ease in coming weeks.   The bad news is that the shape of the recovery remains uncertain.   Today’s Bank of England announcements did not include new policy changes—interest rates are already at record lows, quantitative easing has restarted, and new schemes have been put in place to support business lending — but they did update their forecasts.   The bank’s economists now expect the economy to contract by 14% in 2020, the largest annual fall since the early 1700s, followed by a 15% bounce in 2021.   The worry though is that while the scale of the decline looks pretty clear, the speed of the recovery is subject to much more uncertainty.   (The Economist, 5/7/2020)

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FEARS PANDEMIC MAY HASTEN WEST’S DECLINE 

The corona crisis could accelerate Germany and the western powers’ economic and political decline, according to recent economic projections by the International Monetary Fund (IMF) and analyses by US foreign policy experts.   As the US magazine Foreign Policy writes, Trump’s handling of the crisis has been an “embarrassing debacle” that tarnished the United States’ reputation as a country “that knows how to do things effectively.”  Other states are more willing to orient themselves on countries which are “past the peak of infection,” such as China, concludes the president of the Council on Foreign Relations.   The EU has also failed in the crisis. According to the IMF, China will economically suffer less under the pandemic than western countries: its economic performance will bypass that of the eurozone quicker than expected and will approach that of the United States.   In the West, this emerging shift in power is being accompanied by aggressive anti-Chinese propaganda.  (German Foreign Policy, 4/16/2020)

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TEST OF AMERICAN LEADERSHIP, POST-VIRUS

You can see why china might sniff an opportunity in this crisis. Coronavirus has targeted America’s weaknesses, while making many of its strengths temporarily irrelevant.   The world’s most powerful military machine is not much use against a virus.   But a lack of universal healthcare coverage is suddenly a threat not just to the poor but to the whole of US society.

Question one is:   what currency in the world do you most trust? Question two:   where, outside your home country, would you most like your children to go to university or to work?  For a majority of the global middle-class, the answers to those questions have been, respectively, the dollar and the us.  If that continues to be the case after the pandemic, then American primacy will continue.

(Gideon Rachman, FT, 5/6)

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FEARS GROW BREXIT TALKS COULD COLLAPSE IN JUNE

Brexit talks with the European Union could collapse in June unless Brussels abandons its demands for a common fisheries policy and a level playing field, says a source close to the UK’s negotiating team.

The source told The Guardian that only “limited progress in bridging the gaps between us” had been made at last week’s talks, but there was “confidence that progress can be made quite quickly.”

He added that he was “quite positive” over the chances of a trade deal before the end of the year, when the UK’s transition period ends.  Boris Johnson is expected to take a more active role in trying to help unblock talks if there is no breakthrough in the months ahead.   (The Week, 5/1/2020)

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Britain’s new aircraft carrier Queen Elizabeth sets sail
30 April 2020, Defense News

LONDON — Britain’s new aircraft carrier HMS Queen Elizabeth departed its Portsmouth base April 29 for training, but only after its crew was tested for the new coronavirus, the Royal Navy announced.   The 65,000-ton warship is currently in an isolation period at sea ahead of training off the south coast of England.  The ship’s departure from the Portsmouth naval base was delayed by a few days to enable the entire crew of about 800 to be tested for COVID-19.   The warship is expected to be at sea for up to eight weeks conducting the Flag Officer Sea Training assessment required to certify that HMS Queen Elizabeth is competent to join the fleet for operational tasking.  Britain is targeting next year for the ship’s first operational deployment, and the FOST assessment is a key element in achieving that plan.  Training with F-35 fighter jets, simulated battle damage, fires and flood training, and mission rehearsals will be part of the process, the Royal Navy said in a statement.  “This will prepare the ship for further training later in the year with other Royal Navy ships to ensure they are ready to deploy as a task group next year,” the service said.(https://www.defensenews.com/naval/2020/04/30/britains-new-carrier-queen-elizabeth-sets-sail-prepared-to-train-amid-pandemic/)

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EUROZONE ECONOMY SHRINKS AT RECORD RATE

The eurozone economy shrank at its sharpest rate on record in the first quarter of the year, with the continent set to enter a deep recession triggered by the coronavirus lockdown.

Eurostat data published yesterday showed that eurozone GDP shrank by 3.8% in the first quarter of 2020 compared to the final quarter of last year.   The contraction is worse than that experienced by the US over the same period and deeper than the financial crisis over a decade ago.   Market Watch says it means “three years of the eurozone’s economic activity have been wiped away, and it is likely going to get worse.”  (The Week, 5/1/2020)

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COULD ISRAEL AND IRAN GO TO WAR?

The undeclared war between Iran and Israel has reached new heights.

Or more specifically, a height of 270 miles, which is the altitude of Iran’s first spy satellite.   It’s more than a nice vantage point for Iran to keep an eye on its arch-enemy Israel.   Lacking advanced reconnaissance aircraft and drones to penetrate Israeli air defenses, a satellite may be the only way for Tehran to gather real-time intelligence on Israel.

Which raises the question: will Israel be tempted to destroy Iran’s eye in the sky?   (Michael Peck, Middle East Forum, 5/5/2020)

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DISENGAGEMENT FROM CHINA

The United States and transatlantic oriented circles in Germany are increasing pressure on Berlin to participate in the West’s “disengagement” from China.   “The alliance question” is “ripe for decision,” declared Mathias Döpfner, CEO of the Axel Springer SE media group.  Germany must cease the “aberration” of economic cooperation with the People’s Republic of China and formally position itself in opposition to Beijing.  This is the result of the global shift in power that is becoming apparent through the Corona crisis. Whereas China has obviously overcome the low-point of this crisis and is already headed back to economic growth, an improvement of the situation in the USA and Europe is not yet on the horizon. Observers are speculating that the western powers’ “influence and significance” will probably “continue to dwindle.”   Whereas Washington is mulling whether to lift China’s sovereign immunity, to permit damage lawsuits, powerful forces in the German economy are seeing their crisis exit in business with China.   (German Foreign Policy, 5/4/2020)

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SCOTTISH COMMENT ON CHINESE BEHAVIOR

“No country with a skerrick of self-respect can allow this behavior to go unpunished.  I have already suggested some punitive measures designed to wound the regime’s pride without harming the Chinese people:   cancel the Huawei deal; pass a Magnitsky-style Act targeting senior CPC figures; champion the Uyghurs at every opportunity (e.g. rename the London street that houses the Chinese embassy after a Uyghur political prisoner); and recognize Taiwan as an independent nation.   All I would add, upon reflection, is this: grant British citizenship to Hong Kongers born before 1 July 1997, their children and grandchildren.” — Scottish political commentator Stephen Daisley.   (Gatestone, 5/7)

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CORONA ECONOMIC GAP

Foreign policy experts in Germany and the EU’s Foreign Affairs Commissioner Josep Borrell are warning that Brussels’ corona relief measures could widen the EU’s economic gap.   So far, the EU’s reaction to the Corona crisis has led to companies in economically stronger countries receiving more relief assistance than their competitors in more heavily indebted countries, according to a proximate analysis by the German Council on Foreign Relations (DGAP).   After the crisis, German companies will probably be in a stronger position than, for example, their Italian competitors.  “The north-south divide that was already in place before the crisis, could become even more pronounced afterwards,” Borrell predicts.   The growing inequality could threaten the EU’s “political project” in the foreseeable future, the DGAP writes.   In the competition within the EU, German companies are benefiting from the fact that, by fostering a bottom-to-top redistribution, national corona relief measures are already to their advantage – a development that exacerbates the crisis.  (German Foreign Policy, 5/6/2020)

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POPE PIUS XII KNEW OF HOLOCAUST                                          Researchers say Vatican archives show Pope Pius XII knew of WWII killing of Jews  

German scholars exploring newly opened trove of documents find letter indicating pope was aware of massacre of Jews in Warsaw and Lviv from own sources, but denied it to Americans.

Researchers studying the newly opened Vatican archives of pope Pius XII have already found evidence that the World War II-era pope knew about the mass killing of Jews from his own sources but kept it from the US government, the Washington Post reported Wednesday, citing interviews with German scholars.   The archives were opened March 2, but closed soon after due to the coronavirus crisis.   Many of the 200 scholars who had applied for access delayed their trips. However, a German team lead by award-winning religious historian Hubert Wolf from the University of Münster made a start and has already found some damning discoveries.   (Times of Israel, 30 April 2020).

(MORE:  https://www.timesofisrael.com/researchers-say-vatican-archives-show-pope-pius-xii-knew-of-wwii-killing-of-jews/)

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POLYGAMY CAUSE OF CONFLICT IN AFRICA

Polygamy is a major social problem in Africa and other parts of the world.  In Africa, it plays a major role in the wars fought in some areas.   Where men have to provide 30 or more cows as the bride price to buy a wife, cattle raids on neighboring tribes and villages have become a regular occurrence.  As some men have multiple wives, so others have none.  This leads to desperation, to violence and the taking of wives from other tribes.

“Overall, polygamy is in retreat.  However, its supporters are fighting to preserve or even extend it.  Two-fifths of Khazakhstanis want to re-legalize the practice  (it was banned by the Bolsheviks).   In 2008 they were thwarted, at least temporarily, when a female MP amended a pro-polygamy bill to say that polyandry – the taking of multiple husbands – would be allowed as well; Muslim greybeards balked at that.”  (“The Perils of Polygamy,” The Economist, 12/23/17).

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TO THE POINT

  • ISRAEL ALLOWS CHRISTIAN TV CHANNEL – A new evangelical Christian channel whose mission is to “take the message of Yeshua our Messiah to all of Israel 24/7, 365 days a year” began broadcasting in Israel in Hebrew last week, after signing a seven-year contract with Israeli cable provider HOT.   The Shelanu (Hebrew for “Ours”) TV channel is a branch of GOD TV, which broadcasts missionary programming in 200 countries around the world.   The new deal will give the channel access to over 700,000 Israeli households. GOD TV CEO Ward Simpson said in a video announcing the launch that his network had received permission from the Israeli government to “broadcast the gospel of Jesus Christ – Yeshua the Messiah – in Israel on cable TV in the Hebrew language.   Never before, as far as we know in the history of the world, has this ever been done.” (jns. 5/5/2020)
  • The leaders of the European Union and dozens of states and donors pledged €7.4bn ($8.1bn) to fund the fight against covid-19.   Most of the money will go towards developing a vaccine, the rest to finding a cure and better testing.   More cash could be forthcoming.   America declined to take part (or say why).   “A pity,” said Norway’s prime minister.   (The Economist, 5/5/2020)
  • CHINA WARNS OF WAR WITH THE US – An internal report presented to Chinese President Xi Jinping and other top leaders concludes that global anti-China sentiment is at a level not seen since the 1989 Tiananmen Square crackdown, and recommends preparing for a worst-case scenario of armed conflict with the United States, according to Reuters, citing people familiar with the content of the document.
  • Eleven European ambassadors to Israel on Thursday warned Jerusalem of severe consequences if it moves ahead with plans to annex parts of the West Bank as part of a government coalition deal.  The envoys from the UK, Germany, France, Ireland, the Netherlands, Italy, Spain, Sweden, Belgium, Denmark, Finland and the EU issued a formal objection to the Foreign Ministry against the move, Channel 13 reported. (Times of Israel, 5/1/2020)
  • Kuwaiti economist Saeed Tawfiqi said in a March 30, 2020 interview on Diwan Al-Mulla Internet TV (Kuwait) that in light of the coronavirus pandemic, the U.S. and Europe will enter a sharp decline, and China will become stronger.   He advised people in the Gulf states to start learning Chinese instead of English and using yuans instead of dollars. (MEMRI 7921)

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AFTER THOUGHT

America has held the pre-eminent position in the world for seventy years.  History shows us that it will not always be the case.   Indeed, the corona virus could be the straw that breaks the camel’s back.

The first recorded recognition that the British Empire no longer ranked at number one was in 1948.   But it wasn’t until 1956, with the Suez Canal crisis, that it was fully realized.   Decline (and fall) is not always overnight as in the fall of Babylon – it can be longer and protracted.

The outcome of the virus and the economic reality of its aftermath, remain to be seen.   But the article by Gideon Rachman, of the Financial Times, quoted elsewhere in this blog, gives us a simple test.   After it’s all over, will the US dollar still be the currency of choice for the world’s nations?  And will people around the world still send their children to US colleges?

We should know the answer to the first question soon; the second may take longer.

Over-spending by the US government has always been a problem.  The late President DeGaulle of France dismissively referred to the “Anglo-Saxon debtor countries”, whose economic systems relied on deficit spending.  But that over-spending has been a big factor in ensuring the prosperity of both the British and the Americans for the last 50 years.

That will likely change.    Borrowing for the stimulus will run into the trillions of dollars.   In the UK, we see the same thing happening with massive spending to help the people in a time of trouble.

This must weaken the dollar (and the pound), against other currencies.   We may even have reached the full extent of our capacity to borrow, that no more borrowing is possible.  At the very least, our children and grandchildren will be buried in debt for generations.

Other nations may decide that the two currencies are not reliable, that they will not hold their value.  In which case, they will have to find an alternative (the euro?  The Chinese yuan?  Gold?).   If that’s the case, the US will lose its global leadership position overnight.

Daniel 2:21 says:   “He removes kings and raises up kings” (Daniel 2:21).  God is behind the rise and fall of nations.  Seventy years is about the average for any nation to stay at the top.  It was longer for the British, but not the French or the Spanish, who held the ascendant position earlier.  Seventy years is about the average lifespan, by which time people have forgotten the lessons of the past, which includes the need to balance the books and stabilize the currency.

Whether this is the time for a major global change is not clear yet.   But it soon will be.

Let’s remember God is in charge and not despair.   The same chapter of Daniel assures us of the greatest event in history, the establishment of the Kingdom of God.

“And in the days of these kings the God of heaven will set up a kingdom which shall never be destroyed; and the kingdom shall not be left to other people; it shall break in pieces and consume all these kingdoms, and it shall stand forever.”  (Daniel 2:44)

The kingdoms (and republics) of this world must end for God to establish His Kingdom.

MR     

PARTS OF EUROPE AVOIDED BIG LOSSES FROM COVID-19

In western and southern Europe, coronavirus has taken a devastating toll, with people dying in their thousands each day, and doctors having to make appalling choices about which lives to save as health systems buckle under the number of cases.   But in central and eastern Europe (CEE), the pandemic has been contained to such an extent that the first glimpses of a post-lockdown world are visible.   Shops, hotels, schools and even shopping centers are reopening.   The transcontinental divide is striking.   So far, Spain has recorded 517 deaths per million people, Italy 453, France 353, and the UK 325.   By contrast, Slovakia has recorded 4, Poland 16, the Czech Republic 21 and Austria 65.   On Tuesday alone, Spain, Italy and the UK all suffered more deaths than the Czech Republic, Hungary, or Slovakia have recorded during the entire crisis.  “We are doing very well,” Igor Matovic, Slovakia’s prime minister, said in a press conference on Wednesday of his country’s battle.  “Perhaps even better than we expected.”  (“How central and eastern Europe contained coronavirus”, James Shotter and Sam Jones, Financial Times, 4/30/2020)

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GERMANY IS THE NEW GLOBAL LEADER

Forget Washington and Beijing.  These Days Global Leadership Comes From Berlin.  People love to hate Germany—but the country is doing far more than most nations  to help its European neighbors fight the coronavirus.  (by Elisabeth Braw, April 28, 2020, Foreign Policy)

At the beginning of April, the university hospital in the central German city of Jena dispatched two doctors, two medical assistants, and assorted medical supplies to Naples, Italy.   A couple of days before, the Bundeswehr, Germany’s military, had airlifted French and Italian patients to German hospitals.   That’s just a tiny part of Germany’s coronavirus assistance to allies.(https://foreignpolicy.com/2020/04/28/global-leadership-coronavirus-pandemic-germany-united-states-china/)

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GERMAN RELIANCE ON CHINA OVER COVID-19

Germany will most likely have to rely on China to limit the economic damage caused by the Covid-19 pandemic, according to estimates by two flagship sectors of German industry – the automotive and mechanical engineering branches.   The Mechanical Engineering Industry Association (VDMA) expects dramatic losses particularly in Europe and North America while expecting growth of business in China, where the situation “seems to become stabilized.” Representatives of the automotive industry express similar views. VW, for example, is expecting to catch up in the People’s Republic and not lag too far behind its original annual plans, whereas experts are expecting billions in losses on the US automotive market.  “Crises shift forces” business circles predict regarding the uneven development in China and the USA.   Berlin also depends on Beijing for the procurement of medical protective equipment.   The largest supply so far is expected to arrive in Leipzig today – carried out by the German military.   (German Foreign Policy, 4/27/2020)

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CAMEL PEE CURES COVID-19

Muslim advocacy for drinking camel urine is back in the news, this time in connection with the coronavirus, which is especially ironic if not deadly, as will be explained.   An “Islamic medicine specialist” and director of a religious-scientific institution in Iran recently called on his countrymen to drink camel urine as the “best cure” for coronavirus and other ailments.

Mehdi Sabili, who is affiliated with the Iranian regime, uploaded a video on his Instagram account extolling the virtues of dromedary urine on April 19.   The video, which has since gone viral, also depicted him drinking a glass of freshly procured camel urine — which he enthused was best drunk “fresh and warm” — and calling on fellow Iranians to do the same three times a day for three days (i.e., nine full glasses).   (Camel urine – Islam’s best cure for coronavirus, Raymond Ibrahim, MEF, 4/28)

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SAN REMO CONFERENCE MAJOR STEP TOWARD CREATION OF ISRAEL

April 25 marked the 100th anniversary of the San Remo conference, which conferred the Mandate for Palestine on Britain, a decision confirmed two years later by the League of Nations in a resolution recognizing Britain’s promise in the 1917 Balfour Declaration to establish a Jewish homeland in Palestine.

There is probably no more understated event in the history of the Arab-Israeli conflict than the San Remo conference of April 1920. Convened for a mere week as part of the post-World War I peace conferences, which created a new international order on the basis of indigenous self-rule and national self-determination, participants appointed Britain as mandatory for Palestine with the specific task of:

putting into effect the declaration originally made on November 2, 1917, by the British Government [i.e., the Balfour Declaration], and adopted by the other Allied Powers, in favor of the establishment in Palestine of a national home for the Jewish people, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish communities in Palestine, or the rights and political status enjoyed by Jews in any other country.

This mandate was then ratified on July 24, 1922, by the Council of the League of Nations – the postwar world organization and the United Nation’s predecessor.  (Efraim Karsh, MEF, 4/28)

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STARVATION MAJOR PROBLEM IN ONCE PROSPEROUS SOUTH AFRICA – The biggest lockdown threat:   Hunger, hunger, everywhere

Protests and looting have broken out all over South Africa in recent days in response to one issue:  hunger.   It is now clear that hunger will pose the greatest threat to South African well-being and security during the lockdown – and the difficulties involved with getting food to millions of South Africans in need are tremendous.

The hunger of South Africans during the extended lockdown period is spilling over on to the streets.   This week alone, grocery stores have been looted and protests have broken out on the Cape Flats, Khayelitsha, Alexandra and Chatsworth – to name just a few areas. Cape Flats ward councillor Bongani Ngcani was quoted by News24 as saying:  “A man told me:   ‘I would rather die of Covid-19 than of hunger’ .”   It is clear that all three tiers of government are well aware of the threat posed by hunger.   But the logistical challenges of providing food to potentially millions of South Africans under lockdown are monumental, and may not be able to be resolved through existing systems.  (The Daily Maverick, 17 April 2020, by Rebecca Davis)

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CAN CORONAVIRUS CAUSE A BIBLICAL FAMINE?

On Tuesday, the head of the UN’s food relief agency warned that the coronavirus pandemic could produce “famines of biblical proportions,” as 265 million people across 30 countries face starvation.

And yet, the world right now has an historic abundance of food.  How is this possible?

Even before the arrival of COVID-19, historic locust swarms had left tens of millions in East Africa without enough food.   And some 85 million people across 46 countries already needed emergency food aid in 2019.

But the coronavirus pandemic, and governments’ responses to it, have made matters drastically worse in ways that hurt the neediest countries the most.  (Gzero Signal, 4/24/2020)

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ISLAMIST HATE PREACHER WARNS MUSLIMS TO ARM THEMSELVES

He spins the bitter realities of failing, backward Middle Eastern communities and nations into narratives of victimization that fuel resentment towards the West, Jews and Israel.

One of Chicago’s most notorious anti-Semites has responded to the COVID-19 outbreak in a despicable manner:   by blaming Jews and encouraging Muslims to arm themselves against their neighbors.

During a series of alarmist rants on his YouTube channel, Imam Omar Baloch simultaneously declared that the coronavirus may be a Zionist-American plot to throttle the growth of the Chinese economy, a punishment from Allah and the work of shadowy secret societies.

However, Baloch’s most concerning online lecture occurred on March 22, when he suggested that the coronavirus presents a “very good opportunity” for Muslims to “purchase firearms” ahead of confrontations with their Trump-supporting neighbors.  (Hesham Shehab, Middle East Forum, 4/29/2020)

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AS AMERICA MOVES OUT, CHINA MOVES IN

Both the United Kingdom and the U.S. State Department have complained to China about the free flow of Chinese weapons to Iran, which then wind up with the Taliban.   These include surface-to-air missiles, rocket-propelled grenades, artillery shells, and land mines.

China’s $3 billion copper mine investment… in Afghanistan’s Logar Province remains under the Taliban’s protection.   Other Chinese corporations that have initiated investment projects in Afghanistan include the Zinjin Mining Company, the Jiangxi Copper Corporation, and China National Petroleum Corporation.

The Trump administration has made clear that it wants to end the forward-positioning of U.S. troops on what it regards as a seemingly endless war in Afghanistan, and the Taliban wholeheartedly agrees. China, in the meantime, has continued to profit from its bilateral commerce and investment in the region, and now appears willing to play a future military role in the area.   China has already established a military base in Tajikistan near the Chinese border with Afghanistan….  (Lawrence A. Franklin, Gatestone, 4/29/2020)

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TO THE POINT

  • A row between Australia and China over the origins of the new coronavirus escalated.   Scott Morrison, Australia’s prime minister, reiterated his demand for an independent global inquiry into the pandemic; it is widely thought to have started in a wet market in Wuhan.   China accused the Australian government of trying to make “political manoeuvres” and warned that such an inquiry could result in a boycott of Australian education, tourism and agricultural products.    (The Economist, 4/29/2020)
  • US Economy Nosedives With Worst Yet To Come — The United State’s gross domestic product (GDP) shrank 4.8% in the first quarter of 2020 – three months where the country’s economy was hit hard by lockdowns in response to the coronavirus pandemic.   The figures, however, do not take April into account, and as such do not show the effect of some of the most comprehensive economic shutdowns that have closed businesses and seen 26.5 million citizens file for unemployment benefits.  (The Week, 4/30/2020)
  • Coronavirus-enforced lockdowns in March clobbered American GDP figures for the first quarter. The economy contracted at an annualized rate of 4.8%, the steepest fall since 2008.   The April-June quarter will probably be worse.   Before the pandemic, GDP had been expected to grow by about 2% this year.   The Federal Reserve said it will keep interest rates at near-zero for the foreseeable future.  (The Economist, 4/30/2020)
  • The French and Spanish economies shrank at the fastest rate on record in the first three months of the year as lockdowns to curb the spread of covid-19 were imposed.   France’s GDP fell by 5.8% quarter-on-quarter over the period, while Spain’s dropped 5.2% by the same measure.   Economists forecast even bigger drops in GDP for the second quarter.   (The Economist, 4/30/2020)
  • News reporter caught on air with no trousers – A US TV news reporter appeared live on Good Morning America – without any trousers. Journalist Will Reeve, the son of Superman actor Christopher Reeve, was appearing on ABC News’s Good Morning America from his home during lockdown.  But he failed to realize that his self-framed shot showed that he wasn’t wearing the bottom half of his suit.  (The Week, 4/29/2020)
  • The City of Detroit has had to remind residents of the need to put pants (trousers) on when going out to check their mail.
  • 500,000 RECEIVE FREE MEALS — The city of New York is giving Muslims 500,000 free meals for Ramadan. These people are of the same ideology as those who attacked the city less than twenty years ago.
  • CHURCHILL A WAR CRIMINAL – At least one school in the UK is now teaching that Winston Churchill was a war criminal.  What’s next?  Hitler as a progressive who solved Germany’s unemployment problem!
  • POYGAMY BEGETS VIOLENCE (you don’t say!)    The Economist.  (More next week)

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AFTER THOUGHT

Through the corona crisis I keep going back to my childhood in England.  We did not have a television until Christmas 1959.  I was almost nine years of age.  When we first got one, there were only two channels, both black and white.   Neither came on the air until about 5pm (except on weekends).  There were two television news bulletins a night, both ten minutes long, one for the early birds at about 6pm and the second one in peak time, at about 9.

How would the Covid-19 outbreak have been handled back then?

With only a ten-minute news bulletin, there would have been no opportunity to whip the public into a panic, which is what has happened this time around.   There was no panic, either, during the Spanish flu epidemic in 1918-19, when the death rate was far higher.

Not everyone is panicking, but workers at a local grocery store and employees at our bank have both commented on how fellow employees are not turning up for work.  “They are just too frightened,” a bank employee told me.

Others avoid the daily walk they are allowed because they are too scared to go outside.

A first step to avoiding this over-reaction might be to stop watching the news.

In Matthew 24:42 Jesus Christ told us to “Watch,” to notice what is happening in the world, as we see prophecy unfolding.   Did He mean to “watch” for ten minutes a day, as in 1959, or “watch” the news 24/7 on any one of a dozen TV stations?   Or could we just read the local newspaper for ten minutes?

We can be aware of what’s going on around us in a few minutes a day.   When we expose ourselves too much to endless negativity it’s going to have a depressing effect on us, spiritually, mentally and physically.

I John 4:18 reassures us when it says, “Perfect love casts out fear.”  During this time of confinement we need to strengthen the love that binds us to our family members, people we can still spend time with.  We may not be able to visit grandparents, but we can Skype them or give them a call.

If we focus on that positivity, there will be less room in our lives for the negativity of the coronavirus, of the endless panic that is whipped up in the national hysteria of television.

One morning I got up early and turned on the local news.  It was so depressing, I flicked through the available channels (we don’t have cable) and landed on “I Love Lucy,” an old TV show that was on TV in the 50’s.  It was, surprisingly, refreshing.  It left me with a good feeling.  I certainly didn’t miss anything.  When it was over, there was plenty of time to contemplate the virus.

“Finally, brethren, whatever things are true, whatever things are noble, whatever things are just, whatever things are pure, whatever things are lovely, whatever things are of good report, if there is any virtue and if there is anything praiseworthy—meditate on these things.”  (Phil 4:8).

MR         

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MEN MORE LIKELY TO DIE

Medical staff speak with a male patient infected by the COVID-19 coronavirus at Red Cross Hospital in Wuhan in China’s central Hubei province on March 10, 2020. (Photo by STR / AFP) / China OUT (Photo by STR/AFP via Getty Images)

What will be the outcome of the coronavirus?

The virus will pass eventually.   But the economic damage is something that could be with us for many years.   We may never recover.

In the Great Depression of the 1930’s, unemployment reached 25%.   Today, it’s already 10-13% and growing.  We may even reach the highest figure the US ever experienced, the 1896 Depression when 50% of the people were unemployed, at a time when government did not provide unemployment benefits.  That year saw the biggest turnout ever for an election, 80%.  The population was roughly 75 million.  According to Wikipedia:

“Since the onset of the Panic of 1893, the nation had been mired in a deep economic depression, marked by low prices, low profits, high unemployment, and violent strikes.   Economic issues, especially tariff policy and the question of whether the gold standard should be preserved for the money supply, were central issues.”

I do not have to tell you how devastating this would be.

One thing is for sure, it’s unlikely we can go back to the way things were.

The United States Is not specifically mentioned in biblical end time events.   These take place in the Middle East and Europe.   China is also not mentioned, except (maybe) where an army of 200 million men comes from the East.  (Revelation 9:16)

So, for the US to be out of the picture, it must come down as a nation.   An economic collapse could fit this scenario.  In the last twenty years, the US economy has suffered serious impact three times – 9/11, the Great Recession of 2008 and now the coronavirus pandemic.   It’s as if God is warning us.   We recovered from the first two.  It does not follow that we will recover from the third.

The big problem is the borrowing.  The stimulus, as it’s being called.  It was big news a few years ago when our national debt reached one trillion.  Now, we add trillions without a second thought.  With the national debt now running at $23 trillion, an additional two trillion of stimulus money doesn’t sound like much.  But a second, third and maybe even fourth round might be needed, adding as much as 8 trillion to our debt.

There will come a point when the rest of the world will no longer accept dollars as payment for anything.   There will also come a point when we won’t be able to pay the interest on the debt.  Inflation may also be a major problem, with many items already costing more.   Worst case scenario – the dollar may become worthless!

A second concern should be the military.  I was struck earlier this week by reports that the US has two aircraft carriers in the Pacific, and both were incapacitated by an outbreak of the coronavirus amongst their crews.   It reminded me of the events of December 1941.   At that time, Britain was the greatest naval power and still the #1 nation in the world.   But, after Japan attacked Pearl Harbor, it went on to sink the British battleship Prince of Wales and the battle cruiser Repulse, on December 10th.   Nobody realized at the time that this was the end of British naval supremacy, after more than 200 years.

This is how quickly and unexpectedly a nation can fall from preeminence.

EUROPEAN UPHEAVAL

The second development that may come from the coronavirus is significant upheaval in Europe, the second major area of biblical prophecy, after Jerusalem.

Already battered by the refugee problem, Brexit and the rise of populism, Europe has been unable to make a difference with the virus now sweeping the continent.  There is increasing talk of Europe breaking up, with arguments over money being a major cause.

For Europe to make the biblical changes foretold, the EU is most likely to fall apart, leaving some nations to rally around Germany, the continent’s dominant power.

Revelation 17:12-14:   “The ten horns which you saw are ten kings who have received no kingdom as yet, but they receive authority for one hour as kings with the beast.  These are of one mind, and they will give their power and authority to the beast.   These will make war with the Lamb, and the Lamb will overcome them, for He is Lord of lords and King of kings; and those who are with Him are called, chosen, and faithful.”

These ten will be led by Germany, the modern descendant of Assyria (Isaiah 10:5-8).

MR     

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Men are proving much more susceptible to the coronavirus than women, dividing opinion as to whether it is linked to behavioral factors such as smoking and drinking – or biology.

While it has been widely reported that the elderly and those with underlying medical conditions are most at risk from Covid-19, emerging data from around the world has revealed that the virus also discriminates by sex.

First seen in China, where one analysis found a fatality rate of 2.8% in men compared with 1.7% in women, a similar pattern has emerged in France, Germany, Iran and South Korea.   (The Week, 3/27/2020)

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CORONAVIRUS ENDS ISRAELI DEADLOCK

In the end, it took the coronavirus to break the year-long deadlock in Israeli politics.   Prime Minister Benjamin “Bibi” Netanyahu will still face corruption charges, but he has yet another new lease on political life, as he and political rival Benny Gantz cut a deal yesterday:   Bibi will continue as prime minister, with Gantz serving as either defense or foreign minister, until September 2021 at which time Gantz will take over as prime minister.

It’s a full about-face for Gantz, who had previously vowed never to serve under a prime minister facing formal corruption charges.  But Gantz’s inability to form a coalition government of his own, and the need for an “emergency unity government” in the face of the coronavirus crisis, forced his change of heart.

“These are not normal times and they call for unusual decisions,” Gantz explained, much to the anger and dismay of some of his political allies.  The virus outbreak has also delayed the opening of Netanyahu’s trial until May 24.   (Gzero, 3/27/2020)

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ANTI-CHINESE AID

The German government and the EU Commission are taking up positions against Chinese aid, in the combat against the Covid-19 pandemic.   In view of the fact that Italy, for example, is receiving systematic support from Beijing, after the EU’s refusal of aid, “controversial debates on how to deal with China” are pending, according to the German Defense Ministry.   EU Foreign Affairs Commissioner Josep Borrell detects a “global battle of narratives.” Beijing is waging a “struggle for influence” with “politics of generosity,” which the EU must counteract.   Since China succeeded in containing Covid-19, it has come to the aid of a growing number of countries around the world.   Western powers, which have traditionally been using their assistance for consolidating their global influence, are unable to control the virus and some are requiring assistance themselves.   For the aftermath of the pandemic, experts are predicting “a changed world order” with the East Asian countries as the “new global health powers.”  (German Foreign Policy, 3/29/2020)

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NEW YORKERS FLEE CITY

Many New Yorkers are fleeing the city as it becomes the global centre of the pandemic, but upstate locals have not been entirely welcoming, writes Adam Gabbatt.   The spread of the virus at the city’s Riker’s Island jail complex is a “public health disaster,” the jail’s top doctor has said.   The New York governor, Andrew Cuomo, warned on Wednesday that his state and the US would never “get back to normal” after the crisis, but instead “get to a new normal.”

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California’s Curve

The Golden State was quick to lockdown and appears to have flattened its Covid-19 curve.   But it still lags behind in testing.  (The Guardian, 4/2/2020)

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OFFER OF IRANIAN HELP FOR US

On March 31, 2020, the Iranian news outlet Khabar Online tweeted a video featuring a reporter wearing a face mask standing in front of a shipping truck.   The reporter said:   “This is the aid shipment that the Iranian nation is sending to the oppressed American nation… The Jihadi students will be giving this shipment to the party that is responsible for America’s interests in Iran, which is the Swiss Embassy.”  A sign on the truck read: “Humanitarian Health Aid Produced by Iranian Students to Americans.”    The same source later tweeted that the Swiss embassy refused to accept the shipment.  (MEMRI 4/2/2020)

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SANCTIONS HURT EFFORT TO STOP VIRUS

US sanctions on Iran, to which German enterprises are obliged to conform, are in fact seriously hampering the fight against the Covid-19 pandemic, according to UN General Secretary António Guterres, who is campaigning for an immediate suspension of the sanctions. The boycott measures had already caused serious damage to Iran’s health system prior to the outbreak of the pandemic, depriving, for example, cancer patients of desperately needed medicine.   Now they are blocking deliveries of Covid-19 test kits that are inexpensively produced in Germany.   Iran is one of the countries hardest hit by the pandemic.   The numbers given in yesterday’s official statistics – around 27,000 infected, a little more than 2,000 deaths – are considered far too low.   Iranian experts fear an increase in deaths into the 6 or 7-digits.   Washington, with absolutely no intention of at least suspending the sanctions to enable the fight against the pandemic, imposed even new punitive measures a few days ago.   Berlin remains inactive and silent.     (German Foreign Policy, 3/27/2020)

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TO THE POINT

  • The price of West Texas Intermediate crude oil dipped below $20 a barrel, nearly its lowest point in 18 years.  Demand has slumped amid the coronavirus outbreak and a price war between Russia and Saudi Arabia.   Brent crude, the international benchmark, also fell below $23 a barrel.
  • Kim Kielsen, the prime minister of Greenland, announced a prohibition on the sale of alcohol in Nuuk, the capital of the autonomous Danish territory.   The move was motivated by an attempt to reduce violence against children in their homes now that schools are closed because of covid-19.   Nearly a third of people living in Greenland suffered sexual abuse as a child  (The Economist, 3/30/2020)
  • America’s death toll from the coronavirus pandemic rose past 3,000, with a record 540 new cases recorded on Monday.  At that rate it will overtake China’s official count at some point today. The USNS Comfort, an oil tanker converted into a floating hospital, drew cheers from New Yorkers as it docked in midtown Manhattan.   Field hospitals are springing up elsewhere in the city, to cope with the surfeit of covid-19 patients.  (The Economist, 3/31/2020)
  • In his memoirs, Jean Monnet, one of the founding fathers of the European Union, wrote:   “Europe will be forged in crises, and will be the sum of the solutions adopted for those crises.”   With crisis currently gripping the continent, those multilateral solutions are proving hard to come by.   (Joe Evans, Deputy News Editor, The Week, @TheWeekUK)

Encouraging words for a time like this:  “Be strong.  Take courage. Don’t be intimidated.  Don’t give them a second thought because God, your God, is striding ahead of you.   He’s right there with you. He won’t let you down; he won’t leave you.”  (Deuteronomy 31:6)

 

THE DEATH OF FREEDOM

A person does a cartwheel in Oxford Circus during rush hour as the spread of the coronavirus disease (COVID-19) continues, London, Britain, March 23, 2020. REUTERS/Dylan Martinez

We have less freedom today than we have had in over 400 years.   And we’ve all consented to this loss of freedom.

Freedom of assembly and the freedom to worship have both suffered.  Even the freedom to go out for a meal or a drink.    Nor can we shake a friend’s hand or give a hug.   Again, with our consent.

As one British paper put it:  “It is no exaggeration to say these are the most extreme powers ever used against citizens in peace time Britain.”

It’s understandable.  We want to live.  We want to survive the coronavirus.

But will we ever get these freedoms back?

Most importantly, what will be the next crisis that makes us so quick to jettison our freedoms?

MR       

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“A heart attack is occurring in the economy”  (Sky News comment, 3/20)

This was a comment about the British economy, but it describes every country right now.   So, let’s take a look at some of the economic consequences of coronavirus.

Argentina’s new government will today publish GDP figures for last year, with economists warning that the covid-19 pandemic could be about to send the country into a deep recession.   GDP is forecast to have contracted by 2.1% in 2019.   But what matters now is the dire situation to come.   One former central banker predicts that the country’s economy could shrink by up to 4% in 2020.   Though weighed down by high inflation and heavy debt, President Alberto Fernández’s government is implementing fiscal stimulus measures worth billions of dollars.   Its treasury minister, Martín Guzmán,  warns that the covid-19 crisis means that it is now impossible to say when, and how, Argentina can return to growth.   That was Mr. Fernández’s primary goal when he took office just four months ago, an aim that looks harder by the day as infections mount in the country.     (The Economist, 3/25/2020)

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For years Germany has run the tightest of fiscal ships, frustrating many in the euro zone and beyond.   Then came covid-19.   Today the Bundestag will approve a €156bn ($168bn) supplementary budget for 2020, under which Germany will issue new debt for the first time since 2013.   The borrowing breaks Germany’s “black zero” balanced-budget policy and exploits an emergency rule in the constitutional “debt brake.”   Yet it is just one part of Germany’s response.   The government has expanded Kurzarbeit support (in which the state partly covers the lost wages of workers who have their hours cut), extended various loan guarantees and even earmarked funds for direct investment in companies.   The package amounts to a potential €750bn, and more may follow.   The scale of the response has surprised observers—but at European level less is happening.   Germany, and the euro area’s other hawks, remain implacably opposed to debt mutualization.   (The Economist, 3/25/2020)

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Today’s meeting of the Bank of England’s Monetary Policy Committee should have been the first with Andrew Bailey in the chair.   But the new governor found himself presiding over an emergency meeting last week, amid what he described as “borderline disorderly” market conditions.   In common with other central banks, the Bank of England is aggressively easing monetary policy to react to a rapid economic slowdown due to the spread of covid-19.   Despite interest-rate cuts, £200bn ($232bn) more quantitative easing (amounting to some 10% of GDP) and more direct support for private-sector lending, the bank is more worried about undershooting its inflation target than overshooting it. Today’s consumer-price statistics show inflation running at 1.7%, below the 2% target.   More monetary easing is likely, but with interest rates already at 0.1%, an all-time low, fiscal policy will have to do most of the heavy lifting.  (The Economist, 3/25/2020)

———————————————-

Coronavirus lockdown measures implemented in the UK may trigger an economic downturn that could kill more people than the virus itself, a new study warns.

Philip Thomas, a professor of risk management at Bristol University, says that a fall in GDP of more than 6.4% could lead to a devastating recession in which “more years of life will be lost . . . than will be saved through beating the virus,” reports The Times.  (The Week, 3/25/2020)

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The worst outbreak of Coronavirus in the Middle East, so far, is in Iran.  Thousands have died and tens of thousands have been exposed to the virus.   An overlooked developing crisis parallel to Iran’s is the situation of the country’s neighbors across the Persian Gulf.

Beyond the civilian element affecting Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE; tens of thousands of American military personnel are also stationed in these countries.   Once facing the Iranian threat and ISIS, they are now involved in combating the invisible enemy:   Covid-19.      (Greg Roman, MEF, 3/20)

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This is an emergency, track everyone:   If there were ever a time to set concerns about privacy aside, this is it.   Giving public health authorities access to everyone’s location data gives them a better chance of tracking down people who have been in contact with confirmed cases – and helps ensure that those who are already sick stay in quarantine.   Right now, governments need all the help they can get.   Give them the data.   Debates about the privacy implications can wait.

China is in this camp. So are other countries in Asia, like South Korea and Taiwan, that have had better success containing the epidemic – although it’s still too early to say whether access to mobile phone location data was the deciding factor.   (Gzero, 3/25/2020)

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A SURPRISING LETTER FROM HOLLYWOOD

Dear Mr. President, @realDonaldTrump

I wanted to thank you for ur recent decorum, sincerity, & care towards us.   You’re taking charge & leading in a manner needed & wanted for this country.   I highly commend you for ur boundless energy & willingness to solve problems.   Thank you!

— Kirstie Alley (@kirstiealley) March 24, 2020

———————————————-

TO THE POINT

  • LAGOS — A jihadist group ambushed and killed around 70 Nigerian government troops in Borno state, in the north-east of the country.   The guerrillas used rocket-propelled grenades to attack a vehicle full of soldiers; they also took several captive.  The group they belong to split off from Nigeria’s homegrown Boko Haram in 2016, and now considers itself an Islamic State affiliate. (The Economist, 3/25/2020)
  • BERLIN – A court in eastern Germany convicted eight far-right extremists who were accused of planning to violently overthrow the state.   The regional court in Dresden on Tuesday convicted one of the men on a charge of forming a “terrorist organization” and the other seven of being members of the group, called Revolution Chemnitz.   Five of the man were also found guilty of a serious breach, while one was convicted of bodily harm.  The court sentenced the defendants to prison terms that ranged from 27 months to 5 ½ years.  (Lansing State Journal, 3/25/2020)
  • UNITED NATIONS — UN Secretary-General Antonio Guterres urged leaders of the world’s 20 major industrialized nations on Tuesday to adopt a “wartime” plan including a stimulus package “in the trillions of dollars” for businesses, workers and households in developing countries trying to tackle the coronavirus pandemic.   He said in a letter to the Group of 20 leaders that they account for 85% of the world’s gross domestic product and have “a direct interest and critical role to play in helping developing countries cope with the crisis.”  (Lansing State Journal, 3/25/2020)
  • LONDON – Prince Charles has coronavirus.  Prince Charles, 71, is displaying mild symptoms “but otherwise remains in good health,” a spokesman said, adding that the Duchess of Cornwall, 72, has been tested but does not have the virus.   Charles and Camilla are now self-isolating at Balmoral.   Buckingham Palace said the Queen last saw her son, the heir to the throne, on 12 March, but was “in good health.”   The palace added that the Duke of Edinburgh was not present at that meeting, and that the Queen was now “following all the appropriate advice with regard to her welfare.”
    A Clarence House statement read:   “In accordance with government and medical advice, the prince and the duchess are now self-isolating at home in Scotland.  “The tests were carried out by the NHS in Aberdeenshire, where they met the criteria required for testing.  “It is not possible to ascertain from whom the prince caught the virus owing to the high number of engagements he carried out in his public role during recent weeks.”
  • Germany is the only country in Europe to have currently rejected China’s offer of support in combating the Covid-19 pandemic. According to China’s President Xi Jinping, he informed Chancellor Angela Merkel that the People’s Republic of China “is willing to provide help within our capabilities,” if Germany “is in need.”   Over the past few days, Beijing has sent aid supplies and – in some cases – teams of doctors to provide practical on-site assistance to several European countries including Italy, Spain and France.   Berlin has ignored the offer of support, even though there is, for example, a glaring shortage of respiratory protection masks in Germany.   More than 80 percent of Germany’s registered doctors are complaining that they cannot procure sufficient protective clothing.   Serious accusations for failing to take preventive measures are being raised against the German government, which has been emphasizing that it is “well prepared.”   Leading German media are denouncing China’s aid as a “propaganda campaign” and accuse the country of being “the cause of the pandemic.”  The only thing missing is the use of Trump’s label of a “Chinese virus.” (German Foreign Policy, 3/24/2020)
  • A growing number of businesses and individuals worldwide have stopped using banknotes in fear that physical currency, handled by tens of thousands of people over their useful life, could be a vector for the spreading coronavirus.   Public officials and health experts have said that the risk of transferring the virus person-to-person through the use of banknotes is small.   But that has not stopped businesses in the US from refusing to accept currency and some countries from urging their citizens to stop using banknotes altogether.   (Times of Israel, 3/20/2020)

 

SUPER TUESDAY

States voting on Super TuesdayStates voting on Super Tuesday
ABC NEWS

California Triumph Keeps Sanders In The Running

Is Joe Biden the new Democratic frontrunner? It certainly seems that way, after the former vice president took a delegate lead over Bernie Sanders with a triumphant sweep of the southern Super Tuesday states, capped by a win in Texas.   Yet Sanders kept some of his momentum with victory in California, setting up what will likely be a long, drawn-out battle between the two wings of the party and their septuagenarian standard-bearers.

Elizabeth Warren – the Massachusetts Senator lost even her home state on Tuesday night, but remains in the race as of Wednesday morning – perhaps with a contested convention in mind.

Michael Bloomberg – the billionaire former New York mayor had planned to make a splash as he at last entered the race on Tuesday, on the back of a $500m ad spend. Instead he claimed just one small victory, in American Samoa.  (The Guardian, 3/4/2020)

Michael Bloomberg withdrew from the race later in the day.


TIME TO MOVE ON FROM OBAMA

He won them two presidential elections, but Democrats are increasingly ready to put President Barack Obama in their rear view, according to exit polls from the Super Tuesday slate of primaries, which showed a startling number of party faithful saying it’s time to move on.

Mr. Obama remains popular in the Deep South, where black voters play an outsized role in Democratic politics, but from Maine to Minnesota, voters said they are no longer thrilled with the man who brought them the first universal health care plan and flexed his executive pen to grant a deportation amnesty to “Dreamers,” to ink a deal with Iran and to commit the U.S. to curbing greenhouse gases.

Instead, the party’s heart now belongs to Sen. Bernard Sanders, the democratic socialist who won’t even call himself a Democrat but who has completely rewritten the party’s agenda.  (Washington Times, 3/4/2020)

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CORONAVIRUS – LESSONS FOR THE FUTURE

Fragile supply chains:    Decades of fine-tuning global manufacturing have given billions of people access to quality consumer goods at affordable prices.  That’s the upside of globalization.  But the same trend has concentrated production of important items in certain countries, creating new vulnerabilities.   For example, regions of China and broader Asia that produce most of the world’s smartphones have been forced to idle or cut manufacturing because of the outbreak.   The decline in Chinese factory activity has been so pronounced, it’s actually visible from space.   And US officials recently warned of drug shortages due to the shuttering of factories in China that make essential ingredients for some important medicines.

Fragile safety nets:    Well before the new virus emerged in China, an annual report by the World Health Organization warned that the chances of a global outbreak were rising and that the world was “not prepared for a fast-moving, virulent respiratory pathogen pandemic.”   It cited the usual problems – a lack of funding for public health monitoring and prevention, bureaucratic hurdles, and weak medical infrastructure, especially in poor and middle-income countries.   But it also warned of “a breakdown in public trust…exacerbated by misinformation that can hinder disease control communicated quickly and widely via social media.”   In the US, the safety net is further weakened by a lack of mandatory paid sick leave, which some people fear will compel sick people to show up at work, where they can infect colleagues and customers.   (Gzero World, 3/4/2020)

———————————————–

RYANAIR BOSS CONDEMNS ‘HYSTERIA’ OVER CORONAVIRUS

The boss of Ryanair has condemned what he called “lunacy on social media” and “hysteria” in coverage of the coronavirus.

Speaking to Sky News, Michael O’Leary appealed for a calm and measured approach to the coronavirus outbreak and said “Let’s not have irrational panic measures.”  (The Week, 3/4/2020)

FlyBe became the first airline casualty of the virus, filing for bankruptcy on Wednesday.  FlyBe is a UK domestic airline.

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HOW THE EU RULES THE WORLD                                                                  The Brussels Effect:    How the European Union Rules the World

For many observers, the European Union is mired in a deep crisis. Between sluggish growth; political turmoil following a decade of austerity politics, Brexit, and the rise of Asian influence, the EU is seen as a declining power on the world stage.  Columbia Law professor Anu Bradford argues the opposite in her important new book The Brussels Effect:   the EU remains an influential superpower that shapes the world in its image.  By promulgating regulations that shape the international business environment, elevating standards worldwide, and leading to a notable Europeanization of many important aspects of global commerce, the EU has managed to shape policy in areas such as data privacy, consumer health and safety, environmental protection, antitrust, and online hate speech. And in contrast to how superpowers wield their global influence, the Brussels Effect – a phrase first coined by Bradford in 2012 – absolves the EU from playing a direct role in imposing standards, as market forces alone are often sufficient as multinational companies voluntarily extend the EU rule to govern their global operations.  The Brussels Effect shows how the EU has acquired such power, why multinational companies use EU standards as global standards, and why the EU’s role as the world’s regulator is likely to outlive its gradual economic decline, extending the EU’s influence long into the future.

(https://www.amazon.com/Brussels-Effect-European-Union-Rules-ebook/dp/B0822VCYFY)

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GERMAN ARMS SALES BOOM

Düsseldorf’s Rheinmetall arms manufacturer is enjoying a sumptuous upswing in sales for its arms sector and a record-breaking number of contracts.   Whereas the company’s automotive sector is marking a downswing in sales, in comparison to last year, due to 2019’s signs of weakness in the overall auto industry, the current boom in armaments is more than compensating.   The shareholders are “delighted,” boasts stock exchange reports.   At Rheinmetall, there is talk of a “‘super cycle’ in the company’s military sector.”   Western governments – the company’s current and potential customers – are engaged in a massive arms buildup. Whereas this year’s military budget for the Bundeswehr will be increased to €45.1 billion – nearly 40 percent more than it was in 2014 – the military budgets of the European countries together will be more than €300 billion.   The US military budget is more than US $700 billion.   Rheinmetall is benefiting also from the Arab countries’ arms buildups against Iran, but above all, from the buildup of the western world against Russia and China.    (German Foreign Policy, 3/3/2020)

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DRONES REVOLUTIONIZING WARFARE                                          Turkish Drones Revolutionize Warfare in Syria, Seth J. Frantzman (Jerusalem Post)

Footage of numerous Turkish drone strikes in Idlib reveal their groundbreaking and effective use against Syrian regime defenses and armored vehicle formations.   Turkey can’t fly its air force in Idlib due to an apparent ban by Russia and the Syrian regime.   But Turkish drones can fly.
  Video feeds show drones striking columns of infantry and armored vehicles near Idlib.
   Turkey’s widespread use of drones in Idlib may be one of the largest concentrations of drones ever used in this manner.   (Jerusalem Post, 3/3/2020)

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SDA’S AND ROME WORKING TOGETHER                                      Seventh-day Adventists, Roman Catholics and Evangelicals Sign a Historic ‘Ecumenical Charter’ that Affirms Faith in ‘One, Holy, Catholic Apostolic Church’

The document that was signed is a pledge of commitment to each other. Adventists pledged a commitment to Rome, and Rome reciprocated that commitment.   Make no mistake.   The churches that signed this document promised to uphold the principles of the Ecumenical Charter which includes affirming an allegiance to each other.

The Ecumenical Charter declares that the church is “one, holy, catholic and apostolic” and therefore the “inescapable ecumenical task consists in making visible this unity.”

The Ecumenical Charter declares that the churches are “called together in the unity of faith.”

The Ecumenical Charter calls for the “visible unity of the Church of Jesus Christ in the one faith and in witness and in common service.”

The Ecumenical Charter says that “the most important task of the Churches is to proclaim the Gospel together through word and action, for the salvation of all human beings.”  (AdventMessenger, 3/4/2020)

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TO THE POINT

  • America’s ​Federal Reserve lowered its benchmark interest rate by half a percentage point, the largest single cut since the financial crisis.   The move came after a pledge by finance ministers and central bankers from the G7, a group of the world’s biggest rich countries, to “use all appropriate policy tools” to combat the economic downturn caused by the spread of covid-19.   President Donald Trump recently repeated his complaint that Fed rates were too high.   (The Economist, 3/4/2020)
  • The World Bank pledged up to $12bn to help developing countries respond to the growing threat of covid-19.   The announcement came just after the World Health Organisation said the disease’s global mortality rate is 3.4%.   The World Bank’s aid will include a mix of grants, loans and other technical assistance, with priority given to the world’s poorest countries. (The Economist, 3/4/2020)
  • SUPPORT FOR ANTI-EU PARTIES ‘DOUBLES IN 20 YEARS’ – The vote share for anti-EU parties has more than doubled in two decades, according to research conducted by academic experts in populism.   The study found that since 1992, the first year in which there were free and fair elections in every country currently a member of the bloc, combined support for European far-right, far-left and other Eurosceptic parties has surged from 15% to almost 35%.   (The Week, 3/4/2020)
  • Lebanese Preacher:   The Muslims Will Kill The Jews, Who Will Hide Behind Rocks And Trees, The Jews Are The Most Cowardly Of Allah’s Creations; Jerusalem Friday Sermon: It Is The Religious Obligation Of Muslims To Bear Animosity Against The Jews  (MEMRI, 3/4/2020)
  • Indian migrants are driving a surge in citizenship as a record 211,723 people won the right to call Australia home in 2019.  (The Australian, 2/20/2020)
  • Last week, I reviewed the book “The Race to save the Romanovs.” In my review I mentioned that support for the restoration of the monarchy in Russia is at 28%.  That’s roughly the same percentage of votes any American president gets.   54.9% voted in 2016, which gave each candidate roughly 27%.  Bill Clinton was voted into office with a mere 22% of the vote.
  • With 36 seats, Binyamin Netanyahu’s Likud party will be the largest in Israel’s next Knesset.   Benny Gantz’s centrist Blue and White alliance won 32.   But with Mr. Netanyahu’s right-wing coalition still two seats shy of a majority, and his trial on charges of bribery and fraud due to begin on March 17th, his troubles are not over yet.   (The Economist, 3/4/2020)