Prophecy News Watch - June 5, 2023
Around the World
Hundreds Killed, Hundreds Injured In India Train Crash
At least 233 people were killed and about 900 injured Friday in a multiple train collision in India’s eastern state of Odisha, officials said.
‘Several Killed As Ukraine Hits Russia’
Russia accused neighboring Ukraine on Friday of attacking Russia’s Belgorod region, killing at least two people and injuring two others.
U.S. retaliates for Russia’s suspension of New START treaty by revoking visas of nuclear inspectors
The Biden administration is retaliating for Russia’s suspension of the New START nuclear treaty, announcing Thursday it is revoking the visas of Russian nuclear inspectors, denying pending applications for new monitors and canceling standard clearances for Russian aircraft to enter U.S. airspace.
EU, US prepare common code of conduct on artificial intelligence
The European Union and the United States said Wednesday that they would soon release a voluntary code of conduct on artificial intelligence, hoping to develop common standards among democracies as China makes rapid gains.
Chinese warship comes within yards of US destroyer in latest act of aggression in Taiwan Strait
A Chinese warship came within 150 yards of hitting the USS Chung-Hoon on Saturday before crossing its bow a second time at closer to 2,000 yards while the U.S. destroyer was conducting joint exercises with Canada in the Taiwan Strait, the U.S. Indo-Pacific Command (USINDOPACOM) confirmed.
Saudi Arabia Will Reduce Oil Supply, Higher Gasoline Prices To Possibly Hit U.S. Soon
Saudi Arabia will reportedly be cutting back on the amount of oil it exports to the world economy, in an effort to support the sagging price of crude after two earlier supply cuts by major oil-producing nations in the OPEC+ alliance failed to do so.
Why Is China Drilling a 33,000-Feet Hole in Xinjiang?
Chinese scientists have begun drilling a 10,000-meter (32,808 feet) hole into the Earth’s crust, as the world’s second largest economy explores new frontiers above and below the planet’s surface.
BRICS Move To Gold-Backed Currency Challenging U.S. Dollar (Worthy News In-Depth)
The U.S. dollar's domination in world trade was further challenged Thursday as BRICS nations asked the bloc's bank to investigate how a gold-backed shared currency might work.
Israel-Palestinian Conflict
Israeli Soldiers Killed Near Egypt Border
Three Israeli soldiers have been killed and others wounded by a gunman near the border with Egypt, the government and the army said Saturday.
Inside the United States
Biden Signs Legislation Raising Debt Ceiling
U.S. President Joe Biden signed a bill raising the debt ceiling on Saturday, just two days before the June 5 default deadline and financial markets reopening.
US Employers Added 339,000 Jobs in May as Labor Market Stays Durable
The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool.
Hundreds Killed, Hundreds Injured In India Train Crash
At least 233 people were killed and about 900 injured Friday in a multiple train collision in India’s eastern state of Odisha, officials said.
‘Several Killed As Ukraine Hits Russia’
Russia accused neighboring Ukraine on Friday of attacking Russia’s Belgorod region, killing at least two people and injuring two others.
U.S. retaliates for Russia’s suspension of New START treaty by revoking visas of nuclear inspectors
The Biden administration is retaliating for Russia’s suspension of the New START nuclear treaty, announcing Thursday it is revoking the visas of Russian nuclear inspectors, denying pending applications for new monitors and canceling standard clearances for Russian aircraft to enter U.S. airspace.
EU, US prepare common code of conduct on artificial intelligence
The European Union and the United States said Wednesday that they would soon release a voluntary code of conduct on artificial intelligence, hoping to develop common standards among democracies as China makes rapid gains.
Chinese warship comes within yards of US destroyer in latest act of aggression in Taiwan Strait
A Chinese warship came within 150 yards of hitting the USS Chung-Hoon on Saturday before crossing its bow a second time at closer to 2,000 yards while the U.S. destroyer was conducting joint exercises with Canada in the Taiwan Strait, the U.S. Indo-Pacific Command (USINDOPACOM) confirmed.
Saudi Arabia Will Reduce Oil Supply, Higher Gasoline Prices To Possibly Hit U.S. Soon
Saudi Arabia will reportedly be cutting back on the amount of oil it exports to the world economy, in an effort to support the sagging price of crude after two earlier supply cuts by major oil-producing nations in the OPEC+ alliance failed to do so.
Why Is China Drilling a 33,000-Feet Hole in Xinjiang?
Chinese scientists have begun drilling a 10,000-meter (32,808 feet) hole into the Earth’s crust, as the world’s second largest economy explores new frontiers above and below the planet’s surface.
BRICS Move To Gold-Backed Currency Challenging U.S. Dollar (Worthy News In-Depth)
The U.S. dollar's domination in world trade was further challenged Thursday as BRICS nations asked the bloc's bank to investigate how a gold-backed shared currency might work.
Israel-Palestinian Conflict
Israeli Soldiers Killed Near Egypt Border
Three Israeli soldiers have been killed and others wounded by a gunman near the border with Egypt, the government and the army said Saturday.
Inside the United States
Biden Signs Legislation Raising Debt Ceiling
U.S. President Joe Biden signed a bill raising the debt ceiling on Saturday, just two days before the June 5 default deadline and financial markets reopening.
US Employers Added 339,000 Jobs in May as Labor Market Stays Durable
The nation's employers stepped up their hiring in May, adding a robust 339,000 jobs, well above expectations and evidence of strength in an economy that the Federal Reserve is desperately trying to cool.