Author: LoveWorld UK

DEFENCE SHARES LIFT EUROPEAN STOCKS TO NEAR RECORD HIGHS – The continent’s leaders agreed to boost defence spending European shares hovered near record highs, propelled by defence stocks after the continent’s leaders agreed to boost defence spending and draw up a Ukraine peace plan to present to the United States. The pan-European STOXX 600 index was up 0.4% as of 0811 GMT, aiming to build on a run of ten straight weeks of gains. The European aerospace and defence index surged more than 6% to a record high after the continent’s leaders agreed, over the weekend, that they must spend…

ASIAN MARKETS DROP AS TRUMP SAYS TARIFFS TO START TUESDAY – Japan’s Nikkei share average sank 0.67% to 37,532.01 on opening bell Stocks slumped in Asia U.S. tariffs on Canada, Mexico, and China are set to go into effect within hours. Japan’s Nikkei share average sank 0.67% to 37,532.01 points right after stock markets opened in the morning. Hong Kong’s benchmark Hang Seng Index lost 1.43%, to open at 22,678 points. In South Korea, the benchmark Korea Composite Stock Price Index (KOSPI) opened down 0.39% at 2,522.96 points. Investors turned sharply more risk-averse after U.S. President Donald Trump said 25%…

KREMLIN SAYS LONDON SUMMIT WAS NOT AIMED AT ACHIEVING PEACE- Says “grave legal consequences” will follow any attempt to give Russian assets to Ukraine. The Kremlin stated today that pledges made by European leaders at a London summit on Ukraine over the weekend to increase funding to Kyiv will not help bring about a peaceful resolution to the conflict. Ukrainian President Volodymyr Zelenskiy met with British Prime Minister Keir Starmer and other Western leaders on Sunday, where they agreed to draw up a Ukraine peace plan to present to the United States two days after Zelenskiy clashed with President Donald…

CHINA TO IMPOSE TARIFFS OF 10%-15% ON VARIOUS US PRODUCTS – 20%-15% hikes to import levies covering a range of American products China has swiftly retaliated against fresh U.S. tariffs, announcing 10%-15% hikes to import levies covering a range of American agricultural and food products, moving the world’s top two economies a step closer toward an all-out trade war. Beijing also placed twenty-five U.S. firms under export and investment restrictions on national security grounds. Still, it refrained from punishing any household names, as it did when it retaliated against the Trump administration’s February 4 tariffs. Ten of these 25 U.S.…

UK DEVELOPMENT MINISTER ANNELIESE DODDS QUITS – Dodds quit in resistance to Starmer’s cut in Foreign Aid Development Minister Anneliese Dodds quit on Friday following Prime Minister Keir Starmer’s decision to increase the UK’s defence spending by cutting the foreign aid budget. Dodds, who stated in her resignation letter that there were “no easy paths” to increasing defence spending, disagreed with the decision to cut overseas aid, which she warned would lead to China and Russia filling the vacuum. Dodds, who acknowledged the need to boost defence spending, expressed her disappointment that the aid budget had absorbed the “entire burden”…

RAIL FARES TO RISE BY 4.6% IN ENGLAND AND WALES – The fare increase, which also applies to railcards, comes despite ongoing concerns over service reliability Rail fares across England and Wales will rise by 4.6%, affecting commuters and travellers nationwide. The fare increase, which also applies to railcards, comes despite ongoing concerns over service reliability. Public transport campaigners warn that the hike will put additional strain on households, with some commuters facing significant annual cost increases. Transport Secretary Heidi Alexander acknowledged passenger frustrations, while the UK government set the 4.6% cap for regulated fares in England. This includes season…

JAMAICA PRESENTS BILL TO REMOVE KING CHARLES AS HEAD OF STATE- Golding says time has come for full decolonisation The Jamaican government has presented a bill proposing to remove Britain’s King Charles’ title as the head of state in Jamaica Jamaica, which gained independence in 1962, currently retains the British monarch as its head of state. According to the government’s bill, Charles’ representative in Jamaica – the Governor General – would be replaced by a president nominated by the prime minister in consultation with the opposition leader. However, critics of the bill, including the opposition People’s National Party (PNP) -…

US AIRCRAFT CARRIER VISITS SOUTH KOREA IN SHOW OF FORCE – US Stands united with South Korea against North Korea The U.S. aircraft carrier USS Carl Vinson, made a port call at the southern port city of Busan in South Korea as a show of force against North Korea, South Korea’s navy said. The aircraft carrier arrived in Busan on Sunday, March 2nd, the first U.S. aircraft carrier to dock at a South Korean port since U.S. President Donald Trump’s second term in office began in January. The USS Carl Vinson last visited Busan in November 2023. “Clearly our presence…

The monthly Global Communion Service with the man of God, Reverend Chris Oyakhilome DSc., DSc., DD is set to take place in April 2025. Excitement is building as multitudes prepare to partake in this special service, scheduled for Sunday, April 6th, 2025, at 3 PM GMT+1. With heightened expectations, the global audience eagerly anticipates the Spirit’s direction for this gathering. The service will be filled with heartfelt prayers, uplifting praise, and powerful testimonies, celebrating God’s wondrous works. Undoubtedly, this event will shine as a glorious beacon, inspiring faith and transformation worldwide.

SEVEN & I FINALISING PLAN FOR PRESIDENT ISAKA TO STEP DOWN – President Ryuichi Isaka will resign and is set to be replaced by director Stephen Dacus Seven & i Holdings, the Japanese retail giant which owns 7-Eleven convenience stores, is finalising a plan for its president to step down and be replaced by the company’s first foreign chief amid a takeover battle. President Ryuichi Isaka will resign and is almost certain to be replaced by director Stephen Dacus, it is being reported. Dacus, an outside director since 2022, heads a special committee to evaluate a $47 billion takeover bid…