Information Related to "World News & Trends Jan 2009"
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What's ahead in the new calendar year of 2009 ? The Good News is not in the business of short-term political and economic forecasting, but we can bring you a region-by-region overview of major trends to watch around the world-undergirded by biblical teaching (see Luke 21:34-36). As Daniel Franklin, editor of The Economist's publication The World in 2009, states in his lead editorial, "Anyone hoping for a period of calm after the turbulence of the past year will be disappointed . . . 2009 promises to be a period of bracing adjustment for a changed world." Let's now pan across the globe, taking note of conditions in the light of biblical prophecies. Since the largest portion of The Good News mailing list is in North America, we begin here.
It's hard to ignore the significance of widespread claims that "America may be turning the page on an era," as The Wall Street Journal put it (Nov. 5, 2008). The challenges the new president faces are daunting. Foreigners have placed much of the blame for the current global downturn squarely on America's shoulders.
Peer Steinbrueck, German finance minister, stated in a speech to the Bundestag, Germany's parliament, that "the U.S. will lose its status as a superpower of the world" and "the world will never be the same again" (The Guardian, Nov. 21, 2008, emphasis added throughout).
The Russian leadership shares this viewpoint. Russian president Dmitry Medvedev stated that "the financial crisis in the United States should be taken as a sign that America's global economic leadership is drawing to a close" (International Herald Tribune, Oct. 2, 2008).
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