Author: LoveWorld UK

U.S. TREASURY SECRETARY SAYS HE DID NOT TALK TARIFFS WITH CHINESE COUNTERPART – Scott Bessent did not give a timetable for any potential agreement with China U.S. Treasury Secretary Scott Bessent said he had interactions with his Chinese counterparts last week during International Monetary Fund meetings in Washington, but did not discuss the standoff over President Donald Trump’s tariffs. There have been conflicting signals over the U.S.-China trade war, with Trump saying talks are taking place and China denying any have occurred. “I had interaction with my Chinese counterpart, but it was more on the traditional things like financial stability,…

DELIVEROO FOUNDER SET FOR £170M PAYDAY FROM SALE TO U.S. RIVAL – If DoorDash’s takeover succeeds, Deliveroo would be valued at £2.7 billion Deliveroo’s founder, Will Shu, could secure a £170 million windfall if a takeover by US food delivery giant DoorDash goes ahead. Deliveroo confirmed that San Francisco-based DoorDash had made a £2.7 billion approach to acquire the company. The board indicated it would be “minded to recommend” the offer if a firm bid of 180p per share is submitted. The takeover would mark the end of Deliveroo’s run on the London Stock Exchange, where its shares have plummeted…

Your Loveworld Specials with Pastor Chris’ Season 11 Phase 5 is live from Wednesday the 7th to Friday the 9th of May 2025 at 7pm GMT+1 on www.loveworlduk.org/watch-live. Get ready to be enlightened through the Word as the man of God, Pastor Chris, unveils revelatory teachings on the reign of the church at this hour and the authority of the church in our current world. Spread the news and tell the world. It’s a unique opportunity to obtain a proper understanding from God’s Word about current events and be well-positioned to triumph and live in victory in our world.

GERMANY SLASHES 2025 GROWTH FORECAST TO ZERO – Amid US Tariff Fallout The German government has sharply downgraded its economic outlook for 2025 and is now projecting zero growth. According to the spring forecast announced Thursday by acting Economy Minister Robert Habeck, Europe’s largest economy could stagnate or contract for a third consecutive year. This follows back-to-back declines in 2023 and 2024. The latest revision marks a significant shift from the previous official forecast issued in the autumn of 2024, which projected growth of 1.1 percent. Habeck attributed the downgrade primarily to “Donald Trump’s trade policies,” saying the U.S. threat…

LARGE CROWDS WAITING TO PAY FINAL RESPECTS TO POPE FRANCIS – Almost 130,000 people from all over the world have bid farewell to the pontiff Queues of Catholic faithful filed into St. Peter’s throughout the night and in the early hours of Friday, April 25th, on the last day to bid farewell to Pope Francis ahead of his funeral on Saturday. The Basilica was open for most of the night, shutting its doors for only three hours between 2:30 a.m. (0030 GMT) and 5:30 a.m. The body of the 88-year-old pope, who died on Monday in his rooms at the…

OFCOM TO ENFORCE TOUGH NEW RULES PROTECTING CHILDREN ONLINE – From July 25, social media and internet platforms will be legally required to shield children from harmful online content or face steep penalties From July 25, social media and internet platforms in the UK will be legally required to shield children from harmful online content—or face steep penalties—under new rules announced by Ofcom. The country’s communications regulator has outlined over 40 measures as part of the Online Safety Act, mandating stronger protections on platforms frequently used by children, including social media, gaming, and search apps. Under the new regulations, the…

GERMAN FINANCE MINISTER SAYS IT IS URGENT TO REDUCE TARIFFS UNCERTAINTY – Germany was the only member of the Group of Seven advanced economies that failed to grow for the last two years German Finance Minister Joerg Kukies said reducing uncertainty is urgent for economies and businesses, referring to negotiations on trade tariffs with the United States. Germany was the only member of the Group of Seven advanced economies that failed to grow for the last two years, and the tariffs announced by U.S. President Donald Trump will deal a major blow, possibly putting it on track for a third…

SOUTH KOREA’S ACTING PRESIDENT VOWS TO FIND ‘WIN-WIN’ SOLUTION – South Korea is among the first countries the Trump administration has initiated trade talks with South Korea’s acting president Han Duck-soo said that the government will do its best to find a ‘win-win’ solution in the upcoming trade talks with the United States. A South Korean delegation will meet U.S. counterparts today for an opening round of trade talks, with cooperation on shipbuilding and energy expected to be on the agenda, and possibly shared defence costs, as Seoul seeks lower tariffs. South Korea, which faces 25% U.S. reciprocal tariffs, is…

TRUMP SAYS HE’D LIKE TO KEEP MUSK FOR A LONG TIME – Musk confirmed plans to reduce his government time commitment to one or two days a week  President Donald Trump said that he would like to keep Elon Musk “for a long time”. The Department of Government Efficiency, created by executive order the day Trump took office and helmed by billionaire Musk, has spearheaded efforts to shrink the federal workforce and slash the deficit via mass firings, contract cancellations and reduced services to Americans across the federal government. But Musk confirmed plans on Tuesday April 22nd to reduce his…

WALL STREET ENDS HIGHER ON HOPES OF TRADE WAR DE-ESCALATION – All three major U.S. stock indexes pared gains by the closing bell Wall Street stocks advanced on revived hopes for progress in the U.S.-China trade dispute and as President Donald Trump soothed fears the Federal Reserve could lose its autonomy with reassurances that he has “no intention of firing” Fed Chair Jerome Powell. All three major U.S. stock indexes pared gains by the closing bell. They gathered momentum during the session after Treasury Secretary Scott Bessent said high tariffs between the U.S. and China were unsustainable and Trump signaled…