Preparing to Storm America’s Castle

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A foreign power that controls the Caribbean Sea could cripple the U.S. economy.

The United States is being threatened by hostile nations taking over the Caribbean Sea. Major news sources pay little attention to this region, but the Caribbean is vital to U.S. security. This sea not only connects the East Coast with the Pacific Ocean via the Panama Canal, it guards the mouth of the Gulf of Mexico. Half of America’s seaborne trade passes through the Gulf. So a foreign power that controls the Caribbean could cripple the U.S. economy by restricting its access to oceanic shipping.

This geographic reality is why Russia and China want to challenge U.S. dominance in the Caribbean. These aspiring superpowers are forging alliances with socialist governments in Cuba, Nicaragua and Venezuela. If these Latin dictatorships become staging grounds for Russia and China, a coalition of nations could potentially cut off U.S. access to the Panama Canal and seal off the Straits of Florida and the Yucatan Channel.

As shocking as this scenario sounds, the Bible reveals that enemies will seize control of the world’s most strategic maritime choke points and lay siege to the United States. America is going to lose access to the Panama Canal, the Straits of Florida, the Windward Passage, the Yucatan Channel and many other shipping lanes that its people rely on for food, electronic components, oil, raw materials and other goods.

The results will be devastating. Continue reading

America Frozen Out of World Trade

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Yet another trade agreement excludes the U.S.

A new trade agreement that covers more than 13 percent of the world economy, accounting for 15 percent of global trade, was ratified by its first six countries on December 30. The Progressive Agreement for Trans-Pacific Partnership (cptpp) will cover 500 million people.

Australia, Canada, Japan, Mexico, New Zealand and Singapore will be joined by another four countries that have already signed but not yet ratified the agreement. Vietnam joins on January 14, while Brunei, Chile, Malaysia and Peru will join the deal 60 days after completing the ratification process. Continue reading

China Working to Boost Role in Middle East

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China’s President Xi Jinping gives a speech during the 8th Ministerial Meeting of China-Arab States Cooperation Forum at the Great Hall of the People in Beijing on July, 10, 2018. (WANG ZHAO/AFP/Getty Images)

 

Growing influence in the region helps China accelerate its Belt and Road Initiative.

Chinese President Xi Jinping delivered remarks in Beijing on July 10 at the eighth ministerial meeting of the China-Arab States Cooperation Forum. Xi’s basic message to the representatives from 21 Arab nations and to the secretary general of the Arab League was that China seeks to become more involved in the Middle East.

He stressed the importance of Sino-Arab relations, saying, “Arab states and China are natural partners.” Continue reading

The Chinese Economic Offensive in Europe

 

Where the largest population in the world has set its sights

Englishmen: Did you know the Chinese now control House of Fraser? Italians: Did you know the Chinese now own Pirelli? Swedes: Did you know the Chinese now own Volvo?

Depending on how old you are, you’ll likely be either embracing or resisting the Chinese economic offensive into Europe. But if you’d been a Greek youth struggling with 50 percent unemployment in the eurozone crisis, you would have been loving the extra Chinese foreign investment.

China has been looking to break into Europe for decades; in the last five years, its efforts have finally paid off. From 2010 to 2014, Chinese investments in Europe went from $6 billion to $55 billion. And remember, that huge increase happened as China’s economy had been comparatively slowing down.

Continue reading

China, Europe Agree on Currency Deal

China entered into a sizable currency swap deal with the eurozone this month that represents a stride toward establishing the yuan and euro as key world currencies. The agreement also means fewer U.S. dollars will be used in commerce between China and Europe.

“The agreement is one of the largest currency deals between China and a non-Asian trading partner,” Alanna Petroff wrote for CNN Money on October 10. Continue reading