China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund.
Published: March 23 2009 12:16 | Last updated: March 24 2009 00:06
China’s central bank on Monday proposed replacing the US dollar as the international reserve currency with a new global system controlled by the International Monetary Fund.
Published: March 23 2009 12:16 | Last updated: March 24 2009 00:06
A federal program to guarantee or buy bad assets from the ailing U.S. bank sector could come with a $3.5 trillion price tag.
That would push the accumulated costs of rescuing the financial markets over the last year through various federal loan, stock purchase, debt guarantee and other programs close to $9 trillion and counting, with practically no end in sight for the bad news battering the banking industry.
That figure doesn’t count the $825 billion economic stimulus plan also under consideration (Forbes.com).
I enjoyed making this child’s rocking chair. It’s made of solid walnut and is my first chair of any kind.
The world can be a pretty rough place. It is especially difficult for those who live to serve Jesus and glorify God.
One of the words used in the Bible to describe the difficulties of life is “tribulation.” In fact, Jesus plainly tells us that in the world we (His followers) will experience tribulation (John 16:33). So, it is no surprise when we do.
The amazing thing is that He also tells us to “be of good cheer” in that very same verse.
That perplexing combination of joy in times of trouble is found throughout the Scriptures. It is part of our heritage. We are to face the trials of life with confidence and peace. We are to be “overcomers” of adversity and thankful in all situations (1 Thess. 5:18).
That’s not natural. Some would say it is impossible. One thing is sure; it is not something produced by programs, fellowships, or activities. We live in a time when those things are abundant.
Nevertheless, there is a place of quiet rest deep in the heart of God. It is a secret spiritual refuge for those who seek it.