EXAMINING CURRENT EVENTS IN
THE LIGHT OF GOD’S PROPHETIC WORD
THE LIGHT OF GOD’S PROPHETIC WORD
GLOBAL MILITARY SPENDING HAS HIT A NEW RECORD HIGH
THIS “DAILY UPDATE” AIRED: FRIDAY, APRIL 1, 2016
A Stockholm based peace institute is reporting that global military spending has set a new record high up by 45% since 1999 and in contrast to civilian aerospace and airlines, the defense industry remains healthy.
The global financial crisis has yet to have an impact on major arms companies with the 100 leading defense manufacturers selling arms worth 347 billion dollars during 2007, the most recent year for which reliable data was available.
The US remains the biggest spender though China and Russia have reduced the gap with both China and Russia tripling their military spending budgets and Russia is maintaining plans for further increases despite severe economic problems.
The global financial crisis has yet to have an impact on major arms companies with the 100 leading defense manufacturers selling arms worth 347 billion dollars during 2007, the most recent year for which reliable data was available.
The US remains the biggest spender though China and Russia have reduced the gap with both China and Russia tripling their military spending budgets and Russia is maintaining plans for further increases despite severe economic problems.
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DR. JIMMY DEYOUNG resided in Jerusalem for 18 years where he held full credentials as a journalist in the second most populated journalistic city in the world. Arriving there just 3 days prior to the Gulf Crisis in 1991, he weathered 39 Scud attacks. Jimmy gave reports nationwide on several networks during the Gulf Crisis. Jimmy is a noted conference speaker in the United States, Europe, and South America, and he devotes several months out of each year to this conference schedule.ABOUT PROPHECY TODAY
PROPHECY TODAY is a media organization with a global outreach, educating the Body of Christ of the future events foretold in God’s prophetic Word. Our goal is to equip Christians with the knowledge and understanding of what God’s Word says will happen someday soon, so that they can be prepared, pure, and productive in the light of the imminent Rapture of the Church. » Find Out More
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THE GOD OF ABRAHAM, ISAAC, AND JACOB REGARDING ISRAEL
“And in that day will I make Jerusalem a burdensome stone for all people:
all that burden themselves with it shall be cut in pieces,
though all the people of the earth be gathered together against it.”
all that burden themselves with it shall be cut in pieces,
though all the people of the earth be gathered together against it.”