Update 8


Bible Study & Sabbath August 17th & 18th

This evening we will be having a live NetServices Bible Study.  It will be presented by Dave Harris at 8:30 p.m. CT.
Live Net Services this Sabbath, August 18, will be brought to you by Warren Zehrung.  To tune in to the live sermon broadcast, go to www.cognetservices.org at 2:30 p.m. CT.

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On August 15, the German magazine, “Der Spiegel,” published an interesting article on its Webpage, titled, “Hit the Dollar.” In it, it reported about the sudden climb of the Euro, and the steady downfall of the U.S. Dollar. “The pages have changed. The Euro climbs, while the once seemingly untouchable Dollar falls… At the beginning of July, the Dollar had reached its lowest point so far, while the Euro had climbed by about 10 percent…. What happened? In the U.S., Dollar bashing has begun… The Dollar is too high, [industrialists] say…. It got really bad when the President began to participate in the discussion. The strong Dollar does not only bring advantages, he said several weeks ago, but also problems… The damage was done… ‘The U.S. administration wants to gradually devaluate the Dollar, but does not know how without creating a crisis,’ according to a report by Dow Jones. ‘The danger is that in a situation like this, the currency might devaluate too much.’
The latest report of Merrill Lynch states that “in the last month, the Euro has clearly become the strongest currency.”  Prophecy IS marching on…

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How This Work is Financed

This Update is an official publication by the ministry of the Church of the Eternal God in the United States of America; the Church of God, a Christian Fellowship in Canada; and the Global Church of God in the United Kingdom.

Editorial Team: Norbert Link, Dave Harris, Rene Messier, Brian Gale, Margaret Adair, Johanna Link, Eric Rank, Michael Link, Anna Link, Kalon Mitchell, Manuela Mitchell, Dawn Thompson

Technical Team: Eric Rank, Shana Rank

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