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Last year of Shmita was 2007. Next year of Shmita begins in Sept. 2014. Fact two: Year of Jubilee happens in 50 year cycles, following the 7th year of Shmita. In Jubilee, all debts are supposed to be cancelled, all land is supposed to be returned to its original owner. Liberty is proclaimed throughout the land.
They were the first people to use the saros cycle to predict eclipses. The saros cycle relates to the lunar cycle and is about 6,585.3 days (18 years, 11 days, and 8 hours) long. Like the ancient Chinese, the Babylonians believed that solar eclipses were bad omens for kings and rulers.