SAT-7 says its financial difficulties have been ‘aggravated’ by the banking crisis affecting Cyprus. The Christian satellite channel's international office is based in the Cypriot capital, Nicosia, where the banks are only just reopening after nearly two weeks of forced closure. The organisation admitted to supporters at its Network 2013 conference last week that it is exploring new strategies for income generation as a result of increasing financial challenges. Dr Terence Ascott, SAT-7's Chief Executive, says ‘For four years we've operated with a flat budget which has been very challenging. Now if we don't significantly increase our support we will be unable to sustain our programmes at their current levels.’ Despite the financial struggles, supporters heard how the channel is being used to promote reconciliation and strengthen the faith of suffering Christians at a time of unprecedented upheaval in the Middle East and North Africa.

Pray: for a speedy resolution to this financial crisis and that alternative funding will be found for SAT-7 (Ps.119:153)

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