UKRAINE - EU Pledges €1.5 Billion Per Month
The EU plans to provide Ukraine with €1.5bn per month in financial aid next year, EU commission president Ursula von der Leyen said, after the meeting with EU leaders in Brussels. Ukraine, she said, needs approximately €3bn to €4bn per month for basic resources. The EU’s overall figure will amount to €18bn next year. EU finance ministers will now work on “the appropriate mechanism,” von der Leyen said.
-euobserver.com, 21 October 2022
Arno's Commentary
An equivalent amount was pledged by the United States. What does this all mean? In plain words, the solidifying of the West, but equally the solidifying of the East: Russia, China, India, and Brazil, which although located in the West, leans toward the East now that Lula da Silva has been reelected.
The result? Negotiation and compromise to secure a certain world peace and prosperity. But, as Bible believers, we know that in the very end the opposite will take place: the total collapse of global economy as documented in Revelation 18.
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.
