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“Let the Headlines Speak”
by From the Internet
December 7th, 2012

Lone German Keynesian Advocates Pooling Euro Debt
“Germany would be the biggest loser in a euro breakup,” he says. With his right hand, he does an emphatic knife chop onto a small round table. “Somehow, we need to save this thing.”

EU sets out detailed "map" for euro zone's overhaul
European Union leaders will examine a detailed plan for completing a banking union and strengthening euro zone fiscal policy next week, with officials concerned that momentum is waning in tackling the debt crisis. In a report prepared for a December 13-14 EU summit, policymakers have set out a three-step process they hope will strengthen economic and monetary union and help prevent a repeat of the problems that have threatened the survival of the euro.

Obama 'Absolutely' Willing to Go Over Fiscal Cliff
The President who once claimed that he wanted to unify the country has a funny idea of how to make peace. Treasury Secretary Timothy Geithner told CNBC that the White House is "absolutely" ready to careen over the fiscal cliff if they don’t get their way on taxes for the wealthy.

FEMA teams told to 'sightsee' as Sandy victims suffered
That’s what first responders were left to do after being deployed by FEMA to assist in the storm-ravaged areas in the initial days after superstorm Sandy, FoxNews.com has learned. A FEMA worker who spoke to FoxNews.com described a chaotic scene at New Jersey's Fort Dix, where emergency workers arrived as the storm bore down on the Atlantic Coast. The worker said officials at the staging area were unprepared and told the incoming responders there was nothing for them to do for nearly four days.

Year Of Fires
Records maintained by the National Interagency Fire Center (NIFC) and NASA both indicate that 2012 was an extraordinary year for wildfires in the United States. NIFC statistics show that more than 9.1 million acres had burned as of November 30, 2012—the third highest total in a record that dates back to 1960.

FILAMENT ERUPTION
The Solar and Heliospheric Observatory (SOHO) detected a cloud of plasma emerging from the blast site; however, Earth does not appear to be in the line of fire.

Earthquake hits eastern province of Iran
An earthquake measuring 5.5 in magnitude struck eastern Iran on Wednesday, killing eight people and injuring 12 others as emergency teams scrambled to rescue others and treat the injured, Iranian media reported. People fled their homes as the quake struck and brought walls and buildings down. But others were left trapped under rubble in villages across the district of Zohan in South Khorasan province, Fars news agency said.

Russia, U.S. talk as Syria events "accelerate on the ground"
The two superpowers divided by Syria's civil war met head to head on Thursday, with signs emerging that Russia might curb its support for President Bashar al-Assad and Washington saying events were gathering speed on the ground. U.S. Secretary of State Hillary Clinton met Russian Foreign Minister Sergei Lavrov in Dublin on the sidelines of a security conference, at a time when rebel advances have brought the 20-month war to the doorstep of the capital DAMASCUS.

Strong quake hits off Japan near Fukushima
The quake had a preliminary magnitude of 7.3, the U.S. Geological Survey said, and thousands of coastal residents were ordered to evacuate to higher ground, but the tsunami warning was lifted two hours after the tremor struck.

Landslide-Driven Megatsunamis Threaten Hawaii
It's almost unimaginable: a tsunami more than 1,000 feet (300 meters) high bearing down on the island of Hawaii. But scientists have new evidence of these monster waves, called megatsunamis, doing just that. The findings were presented here yesterday (Dec. 5) at the annual meeting of the American Geophysical Union. Unlike tsunamis from earthquakes, the Hawaiian tsunamis strike when the island chain's massive volcanoes collapse in humongous landslides.

Large, Peanut-Shaped Asteroid Headed Toward Earth
A giant asteroid is set to buzz Earth next week, and astronomers are already keeping their eyes on the skies—but not because 4179 Toutatis poses any danger.

In euro zone, a bleak economic outlook turns darker
The European Central Bank now sees the euro zone economy contracting by 0.5 per cent this year, slightly worse than its original projection of 0.4 per cent. The new 2013 forecast for the 17-nation group calls for a contraction of 0.3 per cent, compared with an earlier projection of 0.5-per-cent growth, while 2014 would see growth of 1 per cent.

Israel’s ‘iron shield’ a warning to Iran: we’re ready for you
Israel is close to completing a missile defence shield that will destroy Iranian ballistic missiles in space or on their launch pads, a development that has sharply increased the odds of an attack on Iran’s nuclear sites. Israel’s Iron Dome rocket defence system successfully knocked out 421 rockets — an 84-per-cent success rate — in a stunning demonstration of its capabilities during the conflict with Gaza last month.

G.I.s mass on border with Syria
At least 400 NATO soldiers from the U.S. and the Netherlands were beefing up Turkey’s border with Syria and readying Patriot missiles. “Nobody knows what such a regime is capable of and that is why we are acting protectively here,” German Foreign Minister Guido Westerwelle said of NATO’s move.

U.S. commander: N Korean situation 'very dangerous'
The commander of American troops in Japan said Thursday that the situation ahead of North Korea’s planned launch of a long-range rocket this month is “very dangerous.” Lt Gen Salvatore Angelella said U.S. troops in the country are closely monitoring activity in North Korea as it prepares for the launch. He said the United States sees the launch as a violation of U.N. restrictions in place to keep North Korea from developing its long-range missile capabilities.

Japan poised to shoot down North Korean missile
The order to destroy the missile should any part of it threaten to fall onto Japanese territory was issued after a meeting of the Security Council of Japan met in the morning and was informed that North Korea has begun has filling a fuel tank alongside the launch pad at the Sohae Satellite Launching Station in preparation for the launch.

Hamas leader Khaled Meshaal kisses Gaza soil on first visit
Accompanied by his deputy, Mussa Abu Marzuk, and other senior officials, Meshaal drove through the crossing and then got out and kissed the ground before embracing Gaza's Hamas prime minister Ismail Haniya. "I hope God will make me a martyr on the land of Palestine in Gaza," Mr Meshaal said.

NHTSA gets White House OK to mandate vehicle 'black boxes'
The National Highway Traffic Safety Administration is expected to finalize a long-awaited proposal to make event data recorders standard on all new vehicles. In a notice posted Thursday, the White House Office of Management Budget said it has completed a review of the proposal to make so-called vehicle "black boxes" mandatory in all cars and trucks, clearing the way for NHTSA to publish its final regulation.

Germany's growth forecast cut by Bundesbank
Germany's central bank, the Bundesbank, has cut its growth forecast for next year, saying the country's economy might be entering recession. Growth in 2013 is now expected to be just 0.4%, compared with a forecast in June of 1.6%, but is expected to bounce back to 1.9% in 2014. This year, Germany is expected to grow 0.7%, down from an earlier 1% forecast.

Japan earthquake sparks tsunami scare
A 7.3 magnitude quake has struck off Japan's eastern coast, triggering a small tsunami and sparking evacuations. A one-metre wave hit Ishinomaki in Miyagi Prefecture and many people heeded calls to move to higher ground before all alerts were later lifted. The quake epicentre was about 245km (150 miles) south-east of Kamiashi at a depth of about 36km, the US Geological Survey said.

Egypt braces for protests after Morsi calls for talks
Egypt is bracing for a day of fresh protests after opposition leaders reacted angrily to a televised speech by President Mohammed Morsi. Mr Morsi, under fire for issuing a decree that gives him sweeping new powers, had invited all major political factions to a meeting on Saturday. But an opposition spokesman said the president had missed a historic chance for compromise.

Looking for His glorious appearing! Titus 2:13