360 Million Christians Persecuted; Hungary Helps
Hungary says it has already supported hundreds of thousands of persecuted Christians worldwide as believers face the worst crackdown in modern history.
Economic Collapse
Nigerian Bible Translators Asking for Help as Pandemic, Terrorist Attacks on Christians, and Economic Collapse Halt Work
Wycliffe Associates, an international organization that empowers mother-tongue Bible translators and partners with local churches in the advancement of Bible translation, reports that Nigerian Bible translators are asking for help after suspending Bible translation projects in 30 languages.
Hezbollah in hot water after Beirut explosion
There are no confirmed ties between Iran-backed Lebanese terror organization Hezbollah and the August 4 explosion in Beirut so far, but the group has found itself coming under fire in the wake of the disaster, the Jewish National Syndicate (JNS) reported Tuesday.
Studio’s Christian Broadcaster Damaged In Beirut Blast
The only Arabic Christian broadcaster in Lebanon said Wednesday that it continued broadcasting despite suffering minor damages to its studios in Beirut, where a massive blast killed at least 135 people and injured 5,000 others.
Pandemic driving broadest economic collapse in 150 years, World Bank says
The coronavirus pandemic inflicted a “swift and massive shock” that has caused the broadest collapse of the global economy since 1870 despite unprecedented government support, the World Bank said Monday.
World faces potential new ‘Great Depression’ as virus toll mounts
World powers scrambled on Thursday to build a global response to the human tragedy and once-in-a-century economic collapse caused by the coronavirus epidemic, as death tolls in the US and Europe soared higher.
Africa bracing for ‘complete collapse of economies’ as coronavirus takes its toll
African leaders are warning of an economic collapse if financial assistance isn’t provided to the millions of people out of work because of the novel coronavirus.
‘It’s time to rise up,’ Venezuelan general tells military officers in video
A Venezuelan general called on the country’s armed forces on Sunday to rise up against President Nicolas Maduro, who has relied on the backing of the military to hold on to power despite an economic collapse.
Hamas is willing to risk war to avoid economic collapse
Tensions between Israel and Hamas are surging again, following a string of attacks from Gaza and Israeli retaliation airstrikes.
US calls to ‘stand with freedom’ in Venezuela as EU gives ultimatum
The United States pressed all nations on Saturday (Jan 26) to “stand with the forces of freedom” in Venezuela, encouraged by a tougher European line as Russia stood in the minority in backing embattled leader Nicolas Maduro.
Maduro says Venezuela is breaking relations with US, gives American diplomats 72 hours to leave country
Venezuelan opposition leader Juan Guaido declared himself interim president on Wednesday, winning over the backing of the Washington and many Latin American nations and prompting socialist Nicolas Maduro to break relations with the United States.
UN fears third leg of the global financial crisis – with prospect of epic debt defaults
The third leg of the world’s intractable depression is yet to come. If trade economists at the United Nations are right, the next traumatic episode may entail the greatest debt jubilee in history.
Post-Brexit global equity loss of over $2 trillion worst ever: S&P
The $2.08 trillion wiped off global equity markets on Friday after Britain voted to leave the European Union was the biggest daily loss ever, trumping the Lehman Brothers bankruptcy during the 2008 financial crisis and the Black Monday stock market crash of 1987, according to Standard & Poor’s Dow Jones Indices.
Wall St. suffers worst day in four years, S&P confirms correction
Investors rattled about China sent U.S. stock indices almost 4-percent lower on Monday in an unusually volatile session that confirmed the S&P 500 was formally in a correction, even after a dramatic rebound by Apple.
Asian shares move off 3-year lows while China’s suffering goes on
Volatile global markets showed tentative signs of a respite from the recent blood-letting on Tuesday as bargain hunters helped Asian stocks off three-year lows, though share markets in China, epicentre of the rout, suffered another big sell-off.
Doomsday clock for global market crash strikes one minute to midnight as central banks lose control
When the banking crisis crippled global markets seven years ago, central bankers stepped in as lenders of last resort. Profligate private-sector loans were moved on to the public-sector balance sheet and vast money-printing gave the global economy room to heal.