Week in Review: Dallas Sniper Attack on Police, Germany’s Bank Crisis, Europe-Russia Standoff, and Much More

Week in Review: Dallas Sniper Attack on Police, Germany’s Bank Crisis, Europe-Russia Standoff, and Much More

Getty Images, iStock.com/bluejayphoto, MAXIM SHIPENKOV/AFP/Getty Images, HAZEM BADER/AFP/Getty Images

Week in Review: Dallas Sniper Attack on Police, Germany’s Bank Crisis, Europe-Russia Standoff, and Much More

All you need to know about everything in the news this week

July 9, 2016

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Highlights:

Police under sniper attack

  • Around this time last year, Trumpet editor in chief Gerald Flurry published his article “Police Under Attack.” On Thursday night in Dallas, five police officers were gunned down during a Black Lives Matter protest.
  • “We believe that these suspects were positioning themselves in a way to triangulate on these officers from two different perches and garages in the downtown area and planned to injure and kill as many law enforcement officers as they could,” a Dallas police spokesman said at a press conference.
  • This is the kind of rhetoric that incites race riots and war. The carnage in Dallas on July 7 was only a tiny snapshot of what the Bible prophesies for the latter days.

    • Germany’s banking crisis

  • Europe’s dormant financial crisis may be on the verge of exploding again, thanks to banks in Italy and Germany.
  • Germany’s Deutsche Bank is “the most important net contributor to systemic risks in the global banking system,” according to a June 30 report from the International Monetary Fund. It is one of only two banks to fail an annual stress test, according to the United States Federal Reserve.
  • An explosion at Deutsche Bank would undermine the entire German economy—and hence the economy of Europe and the world.
  • “[I]f you look at the country’s economic data, bank issues, and the impending constitutional referendum coming up, Italy is like a bomb waiting to explode,” wrote Will Martin for Business Insider. “Forget Brexit,” he wrote, “Italy is poised to tear Europe apart.”
  • Italy is on the cusp of tearing Europe apart but the economic and political crisis brewing in the nation is largely going unnoticed.

    • Tension between Russia and Europe

  • As nato member states met on Friday to ink a plan to deploy more forces to Eastern Europe, Russia continued its rapid buildup of military forces at vital bases in the region.
  • Analysts fear the rising tensions could lead to a Cold War-style standoff between Moscow and nato nations.
  • Tension between Russia and the nations of nato have been exacerbated since Moscow’s annexation of Ukraine’s Crimean Peninsula in March 2014.

    • Palestinians’ incentive for killing Jews

  • “Whoever said crime doesn’t pay hasn’t talked to the family of a Palestinian terrorist,” wrote Eli Lake for Bloomberg View.
  • “For the Palestine Liberation Organization and the related Palestinian Authority, the killers of Jewish Israelis are considered ‘martyrs.’ And as such, their families are paid for the service these murderers have done for the Palestinian cause.”
  • The Palestinian Authority pays $137.8 million annually for terrorists and their families. Some of those families receive more for terrorism than the average Palestinian receives for nonviolent work.
  • This is one of the reasons why Jerusalem is bleeding, as Trumpet executive editor Stephen Flurry wrote late last year.

    • Other news:

  • The European Commission put forward a proposal on July 5 to use funds earmarked for “peace building” to buy weapons for foreign armies. Currently, peace-building funds are used to provide things like maternity health care in Syria. The new rules would allow it to be spent on military training and weapons.
  • Whether or not the Islamic State is defeated, the Middle East is headed for greater chaos, wrote Yassin Fawaz for Forbes.com. Thanks to Iran, “Iraq is no longer an independent state.” Other nations will follow that grim path.
  • The United States has sanctioned North Korean leader Kim Jung-un because of his record of human rights abuses. The nation as a whole has long been under various sanctions for its illegal pursuit of nuclear weapons, but now the leader is being singled out for the first time.

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