Author: LoveWorld UK

Oil prices jumped again on Tuesday on hopes for a recovery in vehicle traffic and fuel demand, as some U.S. states and countries in Europe and Asia start to ease coronavirus lockdown measures. West Texas Intermediate (WTI) crude CLc1 futures surged 9.9%, or $2.01, to $22.40 per barrel as of 0705 GMT. The U.S. benchmark has now risen for five sessions in a row. Brent crude LCOc1 futures were up 6.9%, or $1.87, at $29.07, rising for a sixth straight day. Prospects improved for fuel demand as some U.S. states and several countries, including Italy, Spain, Portugal, India and Thailand,…

The Bundesbank must stop buying government bonds under the European Central Bank’s long-running stimulus scheme within three months unless the ECB can prove those purchases are needed, Germany’s top court ruled on Tuesday. The ruling deals a blow to a scheme, called Public Sector Purchase Programme, that has kept the euro zone’s economy afloat during several crises and raises the prospect of a new conflict between the ECB and its largest shareholder, Germany. However, the judges in Karlsruhe said their decision did not apply to the ECB’s latest pandemic-fighting programme, a 750 billion euro ($815 billion) scheme approved last month…

Subscribe to our newsletter to download your free  e-copy of the latest “Expose Magazine” [email-download download_id=”509427" contact_form_id=”504684”]

Subscribe to our newsletter to download your free  e-copy of the latest “Expose Magazine” [email-download download_id=”509856" contact_form_id=”504684”]

Subscribe to our newsletter to download your free  e-copy of the latest “Expose Magazine” [email-download download_id=”510193" contact_form_id=”504684”]

Subscribe to our newsletter to download your free  e-copy of the latest “Expose Magazine” [email-download download_id=”511571" contact_form_id=”504684”]

“God is doing something very special in the lives of individuals, families, institutions, nations” — Pastor Chris Oyakhilome. The man of God, Reverend (Dr.) Chris Oyakhilome, declared May to be ‘the Month of Opening’ at the May Global Communion Service which was held on Sunday, May 3rd. The global congregation who connected to the service via all LoveWorld TV Networks, radio stations and various internet platforms, received the word with great rejoicing. https://vimeo.com/414710168 Pastor Chris, expounded that God is doing something very special in the lives of individuals, families, institutions, cities and nations around the world. He encouraged God’s people…

Walt Disney Co’s (DIS.N) acquisitions spree that included swallowing much of Rupert Murdoch’s 21st Century Fox last year, and a reputation for operational excellence, turned the company into the world’s most powerful entertainment machine. That girth has now made it the most vulnerable among media companies during the global coronavirus pandemic. On Tuesday, Wall Street will assess the level of damage and look for signs of a bottom. With sports leagues dormant, Disney’s ESPN cable channel has resorted to showing reruns of old games and fringe programming like stone-skipping competitions. Profit centers such as its theme parks and cruises are…

Secretary of State Mike Pompeo said on Sunday there was “a significant amount of evidence” that the new coronavirus emerged from a Chinese laboratory, but did not dispute U.S. intelligence agencies’ conclusion that it was not man-made. “There is a significant amount of evidence that this came from that laboratory in Wuhan,” Pompeo told ABC’s “This Week,” referring to the virus that emerged late last year in China and has killed about 240,000 people around the world, including more than 67,000 in the United States. Pompeo then briefly contradicted a statement issued last Thursday by the top U.S. spy agency…

A government-backed loan scheme to help Britain’s small businesses survive the coronavirus lockdown comes into effect on Monday, allowing firms such as hairdressing salons, coffee shops, and florists to receive emergency cash. Finance minister Rishi Sunak, who previously opposed 100% state backing for commercial loans, announced the new facility on April 27, bowing to pressure to do more for the smallest companies after a previous scheme got off to a slow start. The new “Bounce Back Loans” allow businesses including sole traders to borrow between 2,000 and 50,000 pounds for up to six years. The first year is interest-free for…