World News and Prophecy: August 2006

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In This Issue

  • by John Ross Schroeder
Michael Elliott of Time magazine asked some of the right questions: "What is it about the Middle East that makes the conflicts so intractable, such that one summer's guns ineluctably conjure up so many early spasms of violence? Why the hate and where's the healing?" (July 24, 2006).
  • by Darris McNeely, Mike Bennett
While in Russia in late July he used his petrodollars to purchase a shopping cart full of fighter jets, helicopters, Kalishnikov assault rifles and even a submarine. To top off the list he also purchased a license to build a Kalishnikov factory in Venezuela.