[The Gulf states are going to become the focal point of the world's financial recovery. Daily, we are seeing stories that lament the decine of the west (read: U.S., etc.) and the financially secure nations in the mideast. This is not happening by chance. It is prophecy being fulfilled during these seven years of transition.]
Middle East
Saudi-Initiated Interfaith Conference Gets Cautious Reception in Israel
[A time of peace is soon coming between Isael and its Arab neighbors. Not only will the Arab counties "tollerate" Israel's religion, a whole new spiritual awakening will occur and the Arab nations will embrace Israel's new faith. This spiritual awakening will spread around the entire world.]
Saudi king invites Israel to New York interfaith conference
[Yet another indication that what the Scriptures proclaim for this last generation is true. Israel and ten nations of the Middle East will put their differences aside for a specific period of time and will form the most powerful bloc on earth. Iran will even help to spur the rebuilding of the Temple in Jerusalem]
Easy-going Gulf states seen getting hit hard
[Note that a lot of the problem is their being pegged to the US Dollar. On the other side of 2011 Israel and ten nations of the Middle East will have a currency that will become the world's standard. All the nations of the earth will desire to do business with the great "ten toes" of Daniel's vision for this last generation]
Boomtown of Dubai feels effects of global crisis
[This will be temporary. On the other side of 2011 or 12 the emerging Middle Eastern union of ten nations along with Israel will lead the world in economic growth and prosperity]
Gulf ministers approve draft monetary union agreement
[The end result of this early stage agreement will be a shared currency of the coming Middle Eastern union of ten states and Israel, not just the Gulf states. This new currency will become dominant throughout the world as the U.S. Dollar weakens even more than it is now]
Bahrain to double oil production by 2011
[It's interesting that this projection is for 2011, a very important benchmark year that is fast approaching. All of the Middle East will prosper mightily during the next decade in large part due to oil and gas. Oil is prophesied to be discovered in Israel as well]
