BRAZIL - Communists the New Capitalists?
The proposed bioceanic corridor would span 3,000 kilometers across South America, connecting Brazil’s Atlantic coast to Peru’s Pacific ports. Planning Minister Simone Tebet confirmed that Xi Jinping specifically mentioned the railway as an alternative to the Panama Canal.
The ambitious project would link Brazil’s Port of Ilhéus to Peru’s Chancay megaport, which opened in November 2024 following $3.4 billion in Chinese investments. COSCO Shipping owns 60% of the Chancay facility, making it China’s largest infrastructure investment in South America.
Current shipping routes force Brazilian commodities to travel around Africa’s southern tip or through the Panama Canal, adding significant time and costs.
Brazil exports 60% iron ore and soybeans to China, commodities that require efficient rail transport for economic viability. The new route would cut shipping times by up to 10 days compared to Atlantic routes.
Former President Dilma Rousseff, now heading the BRICS Development Bank, confirmed that Chinese leaders possess the financial resources and technical expertise necessary. China controls four of the world’s largest banks, providing sufficient capital for independent project financing.
-www.riotimesonline.com, 23 May 2025
Arno's Commentary
Looking back four to six decades ago, the global financial strong arm was the US. That’s no longer the case.
The International Monetary Fund (IMF) shows the world’s economic growth projection: in 2024, 3.3%; 2025, 2.8%; 2026, 3.0%. That the Panama Canal cannot fully handle the volume of products is no longer a question. China to the rescue! The above abbreviated excerpts are from The Rio Times (Brazil), one of many sources that show the progress of globalization.
From a Biblical, prophetic perspective, we see the continued growth of world unity based on merchandise. Here we are reminded of Ezekiel’s prophecy regarding Tyrus, in which the fall of the “anointed cherub” foreshadows things to come. Speaking of global economy: “By the multitude of thy merchandise they have filled the midst of thee with violence, and thou hast sinned: therefore I will cast thee as profane out of the mountain of God: and I will destroy thee, O covering cherub, from the midst of the stones of fire” (Ezekiel 28:16). “Multitude of merchandise” is a fitting description for today’s abundance of global trade.
Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.
