We are living in a Great Day of God and Man.(Markets tumble on fears for US growth and eurozone debts)

GREETINGS,

—–” We are living in a Great Day of God and Man. Allah (God) now Desires to take for Himself to Reign over the nations of the earth.

 There are two Gods. One god is the god of the evil and the Other is the God of Righteousness and Justice. The nature of the two Gods is so much different from the other that it makes it impossible for one God to yield to the other God because of their nature.

 Unrighteousness and injustice have triumphed over the people for the past six thousand (6,000) years. The unjust god was not one to give up his place for the God of Justice. Well, we cannot blame him since by nature he was made a god; a ruler. But his time is out and his rule is up. He is now in the time of the other God — the God of Righteousness, Freedom, Justice, and Equality.

So this is a Great Day — the passing away of one world and the coming in of another world. We have suffered under the evil that the devil was made for. Up until this very minute he wants to do all the evil that he can do regardless to the Bible and the Holy Qur’an teaching that Allah (God) Will Reward him and me for every good act or good work.

Everything is being changed from the old to a new thing.”–pg.214(O.S.H.A.)

Markets tumble on fears for US growth and eurozone debts

Stock markets in Europe and Asia dropped following a final frantic hour of trading on Wall Street last night, on fears of a deepening economic slowdown on both sides of the Atlantic.

Markets tumble despite US debt agreement

Fresh evidence that the US recovery is faltering, and fears over the need for possible bail-outs in Italy and Spain rocked investors’ confidence. Photo: REUTERS
 

The FTSE was down 1pc to 5663.52 in early trading, after falling as much as 1.7pc shortly after opening. Markets in France and Germany were also down by close to 1pc.

The declines followed significant drops in Asia earlier today. Japan’s benchmark Nikkei index lost 2.2pc, while a broader index of Asian shares excluding Japan, the MSCI, fell 2.4pc.

Fresh evidence that the US recovery is faltering, and fears over the need for possible bail-outs in Italy and Spain are rocking investors’ confidence.

They overshadowed the agreement to lift the $14.3 trillion (£8.2 trillion) debt ceiling in the US and highlighted how a second bail-out for Greece had not dampened fears over an escalating sovereign debt crisis in the eurozone.

“You’re seeing a buyers’ strike,” Kenneth Polcari, managing director at ICAP Equities, told The Daily Telegraph on the floor of the New York Stock Exchange. “It’s not panic but people are very nervous about the US economy and what’s happening in Europe.”

The Dow closed down 265.87 points, or 2.2pc, to close at 11,866.60. Its eighth day of declines is its worst losing streak since the height of the financial crisis in September 2008. The S&P 500 finished 2.6pc lower at 1,254.05. Sentiment was hit by the first drop in US consumer spending in almost two years, raising fears of a double-dip recession.

In Europe, Spanish prime minister José Luis Rodríguez Zapatero cancelled his summer holiday and Rome called an emergency meeting, triggering fresh alarm on bond markets…….MORE HERE

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