JAPAN - Is the long-awaited implosion of the Japanese financial system beginning? Japanese bond yields are spiking dramatically, Japan’s debt to GDP ratio is now above 230 percent, the Japanese economy has started contracting, and Japanese Prime Minister Shigeru Ishiba just publicly stated that the financial condition of his nation is worse than the financial condition of Greece.
USA - National governments around the world are collectively more than 100 trillion dollars in debt. The United States accounts for about 35 percent of that total, China accounts for about 16 percent of that total, and Japan accounts for about 10 percent of that total. For a long time, national governments were able to fund their debt binges very cheaply, but now nervous investors are demanding higher interest rates to hold long-term government debt. This is driving up borrowing costs, and it has thrown credit markets around the globe into a state of chaos. If bond yields continue to rise at a very brisk pace, there is a risk that investors could become so nervous that credit markets actually start freezing up. If that were to happen, the entire global financial system would go completely haywire.
IRAN - The Iranians are very harshly telling President Trump that he is not going to get what he wants. Over the weekend, Special Envoy Steve Witkoff told ABC News that Iran will not be allowed to enrich uranium, and White House Press Secretary Karoline Leavitt told reporters on Monday that “we are 100% committed to that red line”. Of course the Iranians were never going to agree to that, and Ayatollah Ali Khamenei just made that exceedingly clear. The Iranians apparently believe that Trump was bluffing about taking military action against Iran, and so now we will see if Trump was bluffing or not. Meanwhile, CNN is reporting that Israel “is making preparations to strike Iranian nuclear facilities”…
USA - When David Lammy denounced Israel’s “egregious” actions in Gaza and the “abominable” suffering of ordinary Palestinians, the Foreign Secretary spoke like someone who had yearned for months to voice his true opinion. One reason why Britain suddenly feels free to act against Israel – summoning the ambassador and ending trade talks – is that Donald Trump has signalled America’s impatience with Benjamin Netanyahu. In the past, Britain’s instinctive wish to avoid an open breach with America has often inhibited its response to Gaza’s bloodshed. Yet by declining to visit Israel on his first trip to the Middle East since regaining the White House – and by taking crucial decisions that fly in the face of Netanyahu’s wishes – president Trump has opened the way for America’s allies to revolt against Israeli policy.
ISRAEL - Benjamin Netanyahu has vowed to take complete control of the entire Gaza Strip, and warned that the current military offensive would continue. The Israeli prime minister addressed the nation in a televised press conference, saying that “all of Gaza’s territories will be under Israeli security control, and Hamas will be totally defeated,” once Operation Gideon’s Chariots is completed.
USA - War is already here, and there is no stopping it with peace talks. Armstrong says, “Putin knows and understands this is not just a war with Ukraine, this is a war with NATO... If Putin agrees to a 30-day ceasefire with Ukraine, what’s that going to do? Absolutely nothing. You have every European country reinstituting drafts.
ISRAEL - When Binyamin Netanyahu decided to resume a trickle of aid into Gaza, his far-right support base reacted with fury. But Israel’s allies, the prime minister said in his defence, could not handle “pictures of mass starvation”. It was no coincidence that the concession, described by the UN as a “drop in the ocean” after almost three months of siege, came days after President Trump wrapped up his tour of Gulf Arab states. The leaders who lavished hundreds of billions of dollars on the US during the trip said they wanted him to end the war, and Trump pledged to at least help the “starving” people in Gaza.
UK - This is a naked and unashamed U-turn on the Prime Minister’s pre-election promises. Who would have guessed. Keir Starmer has just signed what is little more than a surrender agreement with the European Union. Be in no doubt, this document pushes us back into the orbit of Brussels, giving away vast amounts of our sovereignty for very little in return. This is nothing more than the start of a slippery slope to rejoining the EU – an outcome I have little doubt the Prime Minister and his cabinet would welcome with open arms.
JAPAN - A dramatic lurch in the Japanese bond market has heightened fears that debt-heavy Western governments such as the UK and even the US could be in line for a budget-busting financial crunch. Limp demand for government-issued 20-year bonds at an auction in Japan on Tuesday sent tremors through the debt markets, pushing long-term Japanese yields – the government’s cost of borrowing – to the highest in decades.
FRANCE - Due to France’s drug trafficking crisis, a large majority of French are in favor of the army being deployed into disadvantaged neighborhoods in problematic neighborhoods in France, including 80 percent of women. These “disadvantaged” neighborhoods are almost universally filled with migrants from Africa and the Middle East. Although the troops on the streets in French cities would be dramatic, 66 percent were in favor of such a move two years ago when they were last surveyed, and 33 percent were against it. Apparently, the idea has only grown in popularity since then. Now, only 23 percent are against French troops being deployed. France has seen an incredible 86 percent increase in sexual violence in the last 10 years, with mass immigration fueling this trend.
JAPAN - Tokyo will release 300,000 tonnes from the country’s reserves after soaring prices led to thefts and a drop in support for the prime minister. Tokyo said it would raid its rice banks in July to put an extra 300,000 tonnes in shops which are running out of the country’s basic food. An extra 200,000 tonnes was released in March, but distribution bottlenecks mean prices have not dropped and stores said they are struggling to meet demand. The average price of a 5kg bag of rice is about 4,200 yen (£21.75), almost double what it was a year ago. The soaring prices have even led to theft.
UK - Lucy Connolly's breach of law is inarguable, but the length of her sentence is purely political. Lucy Connolly, the wife of a Tory councillor currently serving a two-and-a-half-year stint at His Majesty’s pleasure over an ill-advised tweet, should not be in jail. Ms Connolly was incarcerated last October for 31 months after a post on Elon Musk’s platform amid the furious migrant riots. This lunchtime, her appeal against this absurd sentence was dismissed.
USA - "Once considered a conspiracy theory, weather control is latest MAHA battleground. He who controls the weather will control the world,” former President Lyndon B Johnson told students at Southwest Texas State University in 1962. Over six decades later, state lawmakers across America are trying to control the weather in their own backyards. In late April, Florida lawmakers passed Senate Bill 56 (SB 56), the Geoengineering and Weather Modification Activities Act. The bill is a blanket ban on any form of weather modification or, as the bill calls it, geoengineering. The bill, introduced by Republican State Senator Ileana Garcia, defines these activities as “the injection, release or dispersion by any means of any chemical, chemical compound, substance or any apparatus into the atmosphere for the purpose of affecting the temperature, the weather or the intensity of the sunlight.” "The burden of persuasion, the burden of proof, if you will, is on the practitioners of this activity to prove it is not harmful,” he told the Caller.
UKRAINE - Ukraine, Russia and the US have all said they're open to talks at the Vatican, as newly elected Pope Leo recently suggested. Donald Trump said late last night as he spoke to reporters at the Oval Office that "it would be great" and would give extra significance to the process. But those talks may not involve the US at all, Trump also warned, with Washington ready to "back away" if there is not enough progress. "This is not my war," he said. Donald Trump echoed remarks from his vice president yesterday, with both saying they're ready to pull out of talks if they don't see enough progress. Speaking before Trump's call with Vladimir Putin yesterday, JD Vance warned if Russia is not "willing to engage" then "eventually, the US has to say this is not our war". Trump used the same words after the call, telling reporters in the Oval Office: "This was not my war, I'm just here to try and help."
MIDDLE EAST - As people try to make sense of his continued praise for Gulf autocrats and dictators like Putin, they may be missing Trump’s point, which is to create relationships, which in turn create leverage. The US president praises flawed leaders, not because he’s blind to their records, but because he knows honey attracts more flies than vinegar. Charm is the currency he uses to build relationships and, crucially, to secure interconnectivity. It is easy to say no to an enemy, and very hard to say no to a friend.
“Just what is an APOSTLE?”
Today we find the Church of God in a “wilderness of religious confusion!”
The confusion is not merely around the Church – within the religions of the world outside – but WITHIN the very heart of The True Church itself!
Read online or contact email to request a copy
