Author: LoveWorld UK

BP TO SHIFT FOCUS FROM RENEWABLES TO OIL AND GAS EXPANSION – The decision  comes amid pressure from investors dissatisfied with its lower profits and share price compared to competitors BP is expected to announce a major shift in its strategy, cutting back on renewable energy investments and prioritizing oil and gas production. The energy giant’s revised approach comes amid pressure from investors dissatisfied with its lower profits and share price compared to competitors. Other industry leaders, including Shell and Norwegian firm Equinor, have already scaled down their green energy commitments, while U.S. President Donald Trump’s pro-fossil fuel stance has…

TRUMP SIGNS EXECUTIVE ORDER FOR PRICE TRANSPARENCY IN HEALTHCARE –  Historically, healthcare prices were opaque which benefited hospitals and insurance companies  U.S. President Donald Trump signed an executive order aiming to impose price transparency on healthcare costs. According to the order’s text published in the White House website, historically, healthcare prices were opaque, which benefited hospitals and insurance companies at the expense of patients, employers, and taxpayers. “The Biden Administration failed to take sufficient steps to fully enforce my Administration’s requirement that would end the opaque nature of drug prices by ensuring health plans publicly post the true prices they…

MANCHESTER UNITED TO CUT JOBS, BONUSES AND FREE LUNCHES – After a fifth consecutive year of financial losses Manchester United will cut around 150-200 more jobs as part of an overhaul to return to profitability after five years of losses, the Premier League soccer club. The plan is in addition to 250 jobs removed last year. The club has been restructuring and cutting costs since British billionaire Jim Ratcliffe took a 25% stake last year and took charge of soccer operations to try to revive its fortunes on the pitch. In September, the 20-time English champions reported its fifth straight…

ISRAEL FOREIGN MINISTER MEETS EU OFFICIALS IN BRUSSELS-Saar says Israeli relations must not be held hostage to the conflict. Israeli Foreign Minister Gideon Saar called for a constructive dialogue with some European countries as he arrived for talks on Monday in Brussels. The Israeli minister met senior European officials, reviving a dialogue with the European Union as the bloc considers a role in the reconstruction of Gaza following last month’s fragile ceasefire deal. Saar co-chaired a meeting of the EU-Israel Association Council with EU foreign policy chief Kaja Kallas in the first such session since 2022, with talks focusing on…

US JUDGE UPHOLDS TRUMP’S AP BAN FROM OVAL OFFICE- Judge Trevor dismissed the Associated Press request for restoring full access to White House A federal judge on Monday dismissed a request by the Associated Press to restore full access for the news agency’s journalists after being barred by President Donald Trump from the White House. U.S. District Judge Trevor McFadden, dismissed AP’s request for a temporary injunction restoring its access to the Oval Office, Air Force One and events held at the White House. McFadden said the restriction on “more private areas” used by the president was different from prior…

UN SECURITY COUNCIL ADOPTS US NEUTRAL STANCE ON UKRAINE WAR- President Trump negotiates for peace The United Nations Security Council on Monday adopted a U.S.-drafted resolution that takes a neutral position on the conflict as U.S. President Donald Trump seeks to broker peace. Until now, the 15-member council has been unable to take any action on the conflict in Ukraine. The U.S. resolution received 10 votes in favor, while France, Britain, Denmark, Greece and Slovenia abstained. “This resolution puts us on the path to peace. It is a first step, but a crucial one, one of which we should all…

ITALIAN PM MELONI PRAISES VANCE AND CALLS FOR CONSERVATIVE UNITY – Praises JD Vance’s Munich speech at CPAC Italian Prime Minister Giorgia Meloni appeared via video at CPAC, praising Vice President JD Vance’s speech at the Munich Security Conference. In his remarks, Vance accused European leaders of suppressing free speech and failing to manage immigration while largely avoiding the question of how to resolve the Ukraine war. “Vice President Vance was discussing something deeper: identity, democracy, and freedom of speech. In short, Europe’s historic role and mission. Many pretended to be outraged, calling for European pride against an American daring…

ORBAN CRACKDOWN ON FOREIGN FUNDING OF HUNGARIAN MEDIA – Orban says USAID spent millions to influence Hungarian media and organisations Prime Minister Viktor Orban has stated that Hungary’s government will draft legislation to protect national sovereignty and, following the example of the new U.S. government, will uncover foreign funding channelled to Hungarian media to influence the citizens Orban stated that the corruption network influencing the Western world of politics and media must be eliminated in Hungary, following President Trump’s example in the United States. Orban, who stated that the USAID spent millions of Hungarian currency to influence Hungarian media and…

STARBUCKS TO CUT 1,100 CORPORATE ROLES –  CEO Brian Niccol pushes ahead with his turnaround efforts due to falling sales Starbucks has said it would eliminate 1,100 corporate roles as CEO Brian Niccol pushes ahead with his turnaround efforts at the coffee chain that has been struggling with falling sales. Niccol told employees in a letter they are ‘simplifying our structure, removing layers and duplication and creating smaller, more nimble teams’ with an intent to operate more efficiently and increase accountability among other goals. Niccol was named CEO last year at a time when the company’s shares had lost 40%…