Big Banks Making a Killing Off Global Hunger, Energy Crises

USA - Russia’s war on Ukraine has wreaked havoc on global commodity markets, driving up energy and food prices and exacerbating hunger emergencies around the world. But while disastrous for the global poor — millions of whom are living on the brink of famine — the chaos has been a major boon for Wall Street giants, according to new data showing that the world’s 100 largest banks are on pace to smash commodity trading profit records this year. “The 100 biggest banks by revenue are set to make $18 billion from commodities trading in 2022,” Bloomberg reported last week, citing figures from the London-based firm Vali Analytics. “That would be the highest in the data, which goes back 14 years, and exceed the previous high watermark in 2009.” “The prediction is the latest evidence that the wild swings in energy prices triggered by the war in Ukraine are delivering a boon to commodity traders, even as they push European nations into crisis,” Bloomberg added.

 
Ultra-processed foods: it’s not just their low nutritional value that’s a concern

USA - In countries such as the UK, US and Canada, ultra-processed foods now account for 50% or more of calories consumed. This is concerning, given that these foods have been linked to a number of different health conditions, including a greater risk of obesity and various chronic diseases such as cardiovascular disease and dementia. Ultra-processed foods are concoctions of various industrial ingredients (such as emulsifiers, thickeners and artificial flavours), amalgamated into food products by a series of manufacturing processes. Sugary drinks and many breakfast cereals are ultra-processed foods, as are more recent innovations, such as so-called “plant-based” burgers, which are typically made of protein isolates and other chemicals to make the products palatable.

San Francisco — Homeless Drug Dealers Are On A RAMPAGE

USA - Mentally ill criminals are wreaking havoc across the streets of progressive cities as policies instituted by Democrat lawmakers, designed to end the rule of law, take effect. The majority of homeless drug dealers and drug addicts are moving to the Democrat-run city to receive welfare, sell drugs, and get away with violent crimes while surrounded by police. Defund the police measures and bail reform have crippled law enforcement officials’ ability to fight crime while policies enacted during the covid pandemic allow criminals a get-out-of-jail pass. In July, San Francisco implemented a $3 million program to deploy community workers instead of police to respond to “low-level” emergency complaints about the homeless.

 
The Catholic Church Abandons Its Fundamentals

VATICAN - A high Vatican official stunned Catholics on Italian television August 26. In doing so, he confirmed the Catholic Church's retreat from one of its fundamental moral positions. Cardinal Vincenzo Paglia, president of the Pontifical Academy for Life, announced on an interview program that the Catholic Church had no interest in opposing Italy's law allowing abortion. Indeed, while encouraging more women to have children, Paglia called the law "a pillar of our social life."

Satellite Image Reveals 'Agriculture Wasteland' Across California's Rice Capital

USA - New satellite imagery shows a large swath of California's rice fields has been left barren without harvest as fears of a 'mini dust bowl' emerge due to diminishing water supplies. A report via the US Department of Agriculture shows about 300,000 out of the 550,000 acres committed to rice growing in California will go without harvest. This could potentially drive up sushi prices nationwide because most of the rice produced in the state is for just that. UC Davis agricultural economist Aaron Smith warned the collapse in rice production in the state will translate to an estimated $500 million loss for farmers, about 40% of which will be covered by federal crop insurance. Across the rice capital of six top-producing counties, only two will be unharmed by the mega drought. As a reminder, the state is responsible for a tremendous amount of US food production - cutting off water to farmers, leaving tens of thousands, if not hundreds of thousands of acres unworkable, will only exacerbate the food crisis.

 
Sludge Pours from Mississippi Sinks

USA - In late August, Jackson, Mississippi experienced a high level of rainfall causing a key pump at the already-failing OB Curtis water treatment plant to fail. That plant provided more than 180,000 people with drinking water and since its failure, all of those people have been without water. Last week, the pressure in the lines was restored but the "water" running through the lines is not drinkable and more closely resembles toxic sludge or motor oil than it does water. Over the weekend, Mississippi Today reporter Molly Minta took a video of what flows from her sink at home — and it's disgusting. According to Jackson Mayor Chokwe Antar Lumumba, although the water treatment plant finally failed in August, the system “has been failing for decades” and nothing is being done. Lumumba estimates that it would take roughly $1 billion to get the systems back up and running in a safe capacity but they don't have it. This is particularly perplexing to many folks who have watched a record amount of US taxpayer dollars in recent months flow outside of the United States and into Ukraine.

 
OOOPS! German Legislator Lets Slip the date...

GERMANY - A legislator in Germany took to the floor of the Bundestag this past week, and let slip a date: September 24. I have had this translated. He said: "Dear colleagues, this 24 of September 2022 will be a day remaining in our memories as a day we will say, I remember exactly where I was". So, what is it that is going to take place that day? What do they know is coming, or better still, what are they PLANNING?

Pope: Move all Funds to Vatican Bank Before September 30

VATICAN - Pope Francis has ordered that the Holy See and connected entities move all financial assets to the Institute for Works of Religion (IOR), commonly known as the Vatican bank by September 30. The pope’s rescript, issued August 23, clarifies the interpretation of a paragraph in the new constitution of the Roman Curia, Praedicate Evangelium, promulgated in March.

Is the War in Ukraine Part of a US Strategy to Weaken Germany?

USA - War is a guilty, vicarious pleasure as long as you are not hunkered in a basement or trench praying that an artillery shell does not score a direct hit on your position. Rumbling tanks, screeching rockets and missiles and troops firing automatic weapons are the stuff that Hollywood trots out to entertain the masses that tune in to watch a war flick or, even better, live feeds from the front lines courtesy of intrepid reporters.

California Wildfire:Thousands of Homes Remain Threatened

USA - Ten percent of the Mosquito Creek fire has been contained, but more than 5,800 structures remain under threat in Placer and El Dorado counties. Approximately 11,200 people have been evacuated out of the communities of Forest Hill and Georgetown, the Associated Press(AP) reported. Numerous homes have been destroyed by the fires, but officials have not released an estimated number as of yet, according to ABC 10. Fire officials expect to be aided by favorable weather conditions as hot, dry, and windy weather are not expected to “materialize” this week. However, officials are concerned that dry vegetation – such as grass and big trees – may fuel and prolong the fire. The fire, which started on September 6 outside east of Sacramento, near Mosquito Road and Oxbow river, currently covers 46,587 acres (73 square miles), according to the California Department of Forestry and Fire Protection on Monday.

 
The Future of the British Monarchy Is More Uncertain Than Ever

UK - A near-universal refrain in the commemorations for the late Queen Elizabeth II, who died Thursday at the age of 96, has been her role as a symbol of stability in Britain as well as a constant in an increasingly inconstant world. She was “a changeless human reference point in British life,” former Prime Minister Boris Johnson said in his tribute to the monarch on Friday. More than just a symbolic face of the nation, the Queen was also Britain’s lodestar and a source of comfort at a time of seemingly unending turbulence. The challenge now facing the country is how to move on without her.

Biden extends 9/11 emergency

USA - US President Joe Biden has renewed the national emergency declared by former president George W Bush in the days following the terrorist attacks of September 11, 2001 for another year. The “terrorist threat” behind the attacks that killed nearly 3,000 people “continues,” Biden wrote in a Thursday memo published in the Federal Register, adding that the “powers and authorities adopted to deal with” the attacks “must continue in effect beyond September 14, 2022.”

Protests Start in Europe

EUROPE - Protests are starting all across Europe due to rising energy costs, and this is probably just the tip of the iceberg as leaders all across Europe are warning that a total economic collapse may be imminent, as they prepare for massive social unrest in the weeks ahead. Belgium Prime Minister Alexander De Croo is one of the latest leaders to sound the warning, as he stated in an interview with Bloomberg News:

Germany refuses to give battle tanks to Ukraine

GERMANY - German Defense Minister Christine Lambrecht has rejected demands to supply Kiev with Leopard 2 main battle tanks during a keynote speech at a German Society on Foreign Relations event on Monday. The minister noted that no other countries have delivered Western-built infantry fighting vehicles or main battle tanks so far to Kiev, and insisted that Germany “will not take such action unilaterally,” as quoted by Reuters.

Sorry, We’re Full

GERMANY - Majority of German regions have no more room for asylum seekers. Of the 16 German regional states, just four still have room to accommodate incoming asylum seekers, as the country struggles to deal with new influxes of migrants coming by the Balkan route. The 12 German states which have reached their capacity to accommodate asylum seekers have become full due to the large numbers of Ukrainian refugees fleeing the conflict with Russia on top of asylum seekers from other countries. They have been forced to suspend their distribution system, according to a spokeswoman from the Interior Ministry. The spokeswoman added that the German federal government was looking to aid the states by making 318 federally-owned properties available to house asylum seekers and refugees, the European Union-funded website InfoMigrants reports. Baden-Württemberg’s Prime Minister Winfried Kretschmann, meanwhile, claimed that there are more refugees in Germany today than during the 2015 migrant crisis.

 

Disclaimer:
The views expressed in this section are not our own, unless specifically stated, but are provided to highlight what may prove to be prophetically relevant material appearing in the media.

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Today we find the Church of God in a “wilderness of religious confusion!”

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