This site is made in honor of my Lord and Savior Jesus Christ who gave His life for me and whose blood has covered over my transgressions and thus reconciled me with the Father to whom forever be the glory!

This site contains pictures, videos, commentary, links, posts, writings,etc. meant to in one way or another, directly or indirectly lift up the Name, the ONLY name, under heaven, given to men, by which we must be saved, Jesus Christ.

The postings on this site are meant to provide the believer with uplifting testimony from the Spirit. If you are a believer and feel there is anything which may be perceived as detrimental to the cause and/or advancement of the Gospel, please let me know.

My personal writings are meant to inspire, instruct, and instill a grateful spirit, for I believe it is only right to give thanks to the One responsible for all things and to stay in constant contact with Him.

In addition, this site will in many ways help us to stay awake, as we await THE DAY! It is my firm belief that it is our generation that will come to see the events foretold and pre-ordained before the foundation of the earth spoken of through the prophets and to John, the beloved apostle who "testifies to everything he saw—that is, the word of God and the testimony of Jesus Christ" and whose unveiling declares that "Blessed is the one who reads the words of this prophecy, and blessed are those who hear it and take to heart what is written in it, because the time is near."

Like always, LET US REJOICE IN THE LORD, as we "await in eager expectation for the sons of God to be revealed."

AMEN.

Monday, May 13, 2019

Current Events-Trade WAR

https://www.yahoo.com/finance/news/stock-market-news-may-13-2019-121610383.html

On May 10, Trump made good on his promise to raise tariffs by 15% on $200 billion worth of Chinese imports. The now 25% tariffs are meant as a punishment to China for the country's refusal to accept the Trump Administration’s latest version of a potential trade deal. Trump also ordered the Office of the United States Trade Representative (USTR), to begin the process of raising tariffs on essentially all remaining imports from China, which are valued at approximately $300 billion.

https://www.yahoo.com/finance/news/p-stock-futures-fall-asian-stocks-u-china-004439114.html

NEW YORK (Reuters) - Global stock markets tumbled on Monday and the Chinese yuan weakened to its lowest level since December as the trade war between the United States and China escalated.

https://www.marketwatch.com/story/washington-and-wall-street-wake-up-to-the-reality-that-beijing-is-happy-to-walk-away-2019-05-13?siteid=yhoof2&yptr=yahoo

As Wall Street reels from the shock of a trade war exploding to new heights in the form of tariffs and counter tariffs, there's another reality that is setting in — that China seems happy to walk away from trade talks. “Until a week ago, it looked likely that a far-reaching trade deal would be struck between the U.S. and China within a matter of weeks. Whether Beijing has miscalculated or not, China's policy makers are betting that they can absorb a blow to the nearly $400 billion of exports that the country, on net, sells to the U.S. each year.

 https://www.yahoo.com/finance/news/swing-states-are-among-hardest-hit-by-chinas-tariffs-195431567.html

https://www.cnbc.com/2019/05/13/these-are-the-biggest-dow-losers-since-the-trade-war-escalated.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo

The Dow is down about 1,200 points since President Donald Trump announced tariff hikes last week, with heavier losses in companies with business in China. Intel, Apple and Caterpillar have all dropped more than 10% in the six trading days since the president's tweet on May 5. Intel in particular may be vulnerable to a deterioration in U.S.-China trade relations, which about 25% on its sales coming from China, according to FactSet.

 https://www.yahoo.com/finance/news/u-goods-affected-china-tariffs-163609599.html

https://www.bloomberg.com/news/articles/2019-05-13/trump-warns-china-impasse-to-worsen-if-xi-retaliates-on-tariffs

https://finance.yahoo.com/news/ground-zero-u-china-rivalry-213013793.html

https://www.investors.com/etfs-and-funds/etfs/china-stock-funds-dive-further-as-trade-war-heats-up/?src=A00220&yptr=yahoo

https://realmoney.thestreet.com/jim-cramer/jim-cramer-you-better-strap-yourself-in-14957959?puc=yahoo&cm_ven=YAHOO&yptr=yahoo

https://www.marketwatch.com/story/heres-all-the-stuff-the-us-imports-from-china-thats-causing-a-huge-trade-deficit-2018-03-23?siteid=yhoof2&yptr=yahoo

https://finance.yahoo.com/news/china-impose-tariffs-60-billion-u-goods-123643364--business.html

https://www.yahoo.com/finance/news/china-says-never-surrender-foreign-pressure-amid-trade-073344753--business.html





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