CBN NewsWatch AM: October 20, 2022
Recession alert: Bloomberg Economics model predicts 100 percent chance of a recession within in the next 12 months- as President Biden releases more oil from the Strategic Petroleum Reserve to help bring down gas prices, which critics call a political move; Biden’s debt forgiveness plan also called inflationary, although because of court challenges it may never go into effect; how a planned Saudi Arabian mega-city could threaten historic Biblical locations in the area, including some from the time of the Exodus; Brig. Gen. Ret. Robert Spalding talks to CBN’s “The Global Lane” program about how the Chinese Communist Party is set to give Xi Jingping a third term as leader – so what will that mean for the US and world?; and Israelis and Jewish pilgrims from around the world celebrated an ancient Biblical tradition – a Jewish blessing – at the Western Wall in Jerusalem.
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