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Current updates from George Bakalov Ministries; news, views and important world developments.

More Pastors Are Working Two Jobs

Tuesday, June 29, 2010
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As the economy continues to stretch budgets, more churches are turning to bivocational pastors—those who hold a second job in addition to ministering—to meet their needs.  read more..

Big drops - an inherent part of stock-market investing

Tuesday, September 30, 2008
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In a beautiful expose of powerful spiritual truths, the apostle Paul taught there are many voices in this world and not one of them is without a significance. (1 Cor. 14:10) He went on to say that if we don't know the meaning of the language spoken, we are as foreigner to the one who speaks.  read more..

U.S. corporate rate is now 50 percent higher than the OECD average

Thursday, August 14, 2008
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Economists at the Organization for International Cooperation and Development report in a new paper that the U.S. corporate tax rate is now 50 percent higher than the OECD average. The group studied the effects of various types of taxes on the economic growth of developed nations within the OECD and found that "corporate taxes are found to be most harmful for growth, followed by personal income taxes, and then consumption taxes."  read more..

US trade deficit shrinks sharply in June

Wednesday, August 13, 2008
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The US trade deficit unexpectedly shrank in June as a weak dollar stoked exports, offsetting record crude oil imports and a politically sensitive growing gap with China, official data showed Tuesday. The June trade deficit shrank a hefty 4.1 percent to 56.8 billion dollars, the smallest gap since March, the Commerce Department said.  read more..


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