Author: LoveWorld UK

MINISTERS will today sit in an emergency Cobra meeting to discuss whether to extend the UK lockdown. Ministers are to discuss a review of the UK’s lockdown and whether they believe it necessary to extend the current restrictions. Downing Street’s emergency Cobra committee meeting will consider evidence from leading scientists on how successful the measures have so far been. The UK has been on lockdown for two-and-a-half weeks, though rules have been more relaxed compared to other countries. It comes as Prime Minister Boris Johnson enters his fifth day in hospital. On Monday Mr Johnson was admitted to intensive care as his coronavirus symptoms worsened.…

The online retailer told customers that the service, Amazon Shipping, will be paused starting in June, according to the Wall Street Journal, which was first to report the change. Amazon is suspending the service because it needs people and capacity to handle a surge in its own customers’ orders, the Journal reported, citing sources. “We regularly look at a variety of factors across Amazon to make sure we’re set up in the right way to best serve our customers,” an Amazon spokesperson told Reuters in an email confirming the halt in service. Amazon Shipping is available in a handful of…

Britain’s stock markets looked set to post weekly gains on Thursday, as investors pinned hopes on the COVID-19 crisis nearing a peak. The blue-chip index .FTSE rose 0.67%. Shares in Just Eat Takeaway (JETJ.L), an online food ordering and delivery company, surged 9% to the top of the index after saying total orders for the group jumped 50% in the first quarter. Stock markets globally have gained this week amid signs that coronavirus death toll was levelling off in the U.S. hotspot of New York and receding in hard-hit regions of Europe. New York state set another single-day record of COVID-19 deaths…

Britain’s opposition Labour Party leader called on Thursday for the government to publish its exit strategy from the coronavirus lockdown, the most stringent measures in the country’s peacetime history. “I’m calling on the government to publish its exit strategy,” Labour leader Keir Starmer said. “I’m not calling for precise timings, but the strategy. This is incredibly difficult on people and we need to know that plans are in place, and what they are,” Starmer said.

British Prime Minister Boris Johnson was getting better on Thursday in intensive care where he is battling COVID-19 as his government extended its overdraft facility and reviewed the most stringent shut down in peacetime history. Johnson, 55, was admitted to St Thomas’ hospital on Sunday evening with a persistent high temperature and cough and was rushed to intensive care on Monday. He has received oxygen support but has not been put on a ventilator. “Things are getting better for him,” his culture minister Oliver Dowden said on Thursday. “He’s stable, improving, sat up and engaged with medical staff.” U.S. President…

The Bank of England has allowed credit unions to set aside less capital to cover borrowers unable to repay loans during the coronavirus crisis. Where a loan is more than three months in arrears, a credit union can provision for 20% of the loan with immediate effect until January, compared with 35% under current rules. “We recognise that credit unions across the UK are facing a period of unprecedented operational and financial challenges,” the BoE’s Prudential Regulation Authority said in a letter to credit unions. Credit unions are member-owned, neighbourhood financial co-operatives providing loans and savings to typically less well…

BRUSSELS (Reuters) – European Union finance ministers failed to agree in all-night talks on more support for their coronavirus-hit economies and their chairman said on Wednesday morning he was suspending the discussions until Thursday. Diplomatic sources and officials said a feud between Italy and the Netherlands over what conditions should be attached to euro zone credit for governments fighting the pandemic was blocking progress on half a trillion euros worth of aid. “After 16 hours of discussions we came close to a deal but we are not there yet,” Eurogroup chairman Mario Centeno said. “I suspended the Eurogroup and (we…

Direct Line (DLGD.L) withdrew its final 2019 dividend on Wednesday and said it would make no changes to staffing until at least the autumn, as it weighs the damage that coronavirus shutdowns are having on the insurance industry. The company, the UK’s biggest motor insurer, said it had seen a falloff in claims for car accidents as motorists stayed in their homes, but that travel insurance claims were steadily rising, hitting 22 million pounds so far. (reut.rs/3bYTSl2) “COVID-19 presents an unprecedented global challenge… It is too early to assess the impact of changes in customer behaviour that will arise given…

“The matter at stake is serious,” Pastor Chris says, declaring another week of prayer and fasting concerning the current state of the world. At the Global Communion Service which was held on Sunday, April 5th, Pastor Chris, announced the commencement of another week of prayer and fasting which is phase 2 of the program. This month of April, we are in prayer, he declared to the global congregation. Reading from Matthew 8:28-30, Pastor Chris, emphasized the need for the church to continue in fervent prayers to put a stop to Satan’s agenda. He then announced that phase two of the…

President Donald Trump has threatened to cut US funding to the World Health Organisation, accusing it of bias towards China during the coronavirus pandemic. It comes as nearly 2,000 people infected with the new coronavirus died in the United States in the past 24 hours. The record daily figure of 1,939 brings the total number of deaths in the US to 12,722. Mr Trump told reporters on Thursday that he was “going to put a very powerful hold on” funding to WHO, the UN body whose biggest funding source is the United States. “We’re going to put a hold on money spent to the…