IMF: China and US Levels of Borrowing May Have “Profound” Effect on Global Economy

The International Monetary Fund has warned that the US and China should each ensure they start borrowing less as their respective debt levels may have a “profound” effect on interest rates paid by other countries and on the economy worldwide, the Wall Street Journal reports.

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US Threatens Iran With Bunker-Busting-Bombs

The U.S. military says it is arming aircraft sent to the Middle East with “bunker-busting” bombs due to “increasing aggression” from the Islamic Republic of Iran, which may soon have nuclear weapons.

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Israel has the “right to defend itself” against aggression, US government says

Following a barrage of rockets directed at Israeli towns from the Gaza Strip and Lebanon, the United States government said Thursday that Israel has a right to defend itself against sustained attacks from Hamas, Palestinian Islamic Jihad militants and the Iran-backed Lebanese Hezbollah terror group, the Times of Israel reports.

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US-UK-Australia Submarine Plans Move Ahead; China Has Said it Reveals ‘Cold War Mentality’

The U.S., Britain, and Australia have unveiled a multi-decade plan designed to boost Western security in the Asia Pacific at a time of growing Chinese power, by enabling Australia to buy nuclear-powered submarines from the U.S., and eventually build its own.

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Anne Graham Lotz: This Could Be the ‘Last Great Awakening’ as Asbury Revival Fires Reach New Campuses

The wave of revival fire shows no signs of stopping as new reports come in from colleges and universities across the nation. Flames from the Asbury University Awakening in the small town of Wilmore, Kentucky have fully ignited into spontaneous worship, prayer, and repentance as the Holy Spirit continues to fill students’ hearts and minds.

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Thousands of flights delayed, canceled across U.S. as severe winter storm pushes across US

Over 2,391 flights across the United States are being canceled Wednesday – as a powerful winter storm with blizzard conditions sweeps across a large swath of the country.

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