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Daily News: "Rapture Ready News" Sunday 21 August 2011

 

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21 Aug 11

Nations Race to Defuse Crisis Between Egypt and Israel
Diplomats scrambled to avert a crisis in relations between Egypt and Israel on Saturday, and the Israeli government issued a rare statement of regret for the killing of three Egyptian security officers by an Israeli warplane.  

Syria hits point of no return amid broad isolation
When Bashar Assad inherited power in Syria in 2000, many saw him as a youthful new president in a region of aging dictators — a fresh face who could transform his father's stagnant dictatorship into a modern state ready to engage with the world. Now, the bloody government backlash has extinguished the once-popular image of Assad as a reformer struggling against members of his late father's old guard.  

Stock market begins to feed economic fear
The stock market is starting to feed economic fear, not just reflect it. Stocks have fallen four weeks in a row. Some on Wall Street worry that the resulting blow to confidence, not to mention 401(k) statements, has set off a spiral of fear that could push prices even lower, cause people and businesses to pull back and tip the economy into a new recession.  

Tropical Storm Irene could take aim at Florida
Tropical Storm Irene whipped the northern Leeward Islands with rain and squalls on Sunday as it barreled west on a track through the Caribbean that looked set to threaten Florida.  

Gaza militants keep up rocket fire on Israel
Militants in the Hamas-ruled Gaza Strip bombarded southern Israel with rockets and mortars Sunday, striking an empty school and a score of other targets, as diplomats scrambled to keep a new convulsion of Israeli-Palestinian violence from escalating.  

Social Security disability on verge of insolvency
Laid-off workers and aging baby boomers are flooding Social Security's disability program with benefit claims, pushing the financially strapped system toward the brink of insolvency. Applications are up nearly 50 percent over a decade ago as people with disabilities lose their jobs and can't find new ones in an economy that has shed nearly 7 million jobs.  

Biden: U.S. has never defaulted on its debt and never will
The United States, the world's biggest economy, has never defaulted on its debt and never will, said Vice President Joe Biden as he wrapped up his five-day visit to China on Sunday. "Some Chinese are concerned about investment in the United States," Biden told students at Sichuan University in the southwestern city of Chengdu -- the last stop on his visit.  

Pope tells 1.5 million youngsters to spread gospel
Pope Benedict urged 1.5 million young Catholics at a Sunday mass in an aerodrome near Madrid to spread the gospel to others seeking better values than modern society offers.  

 

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