S&P 500 companies suffer worst losses since 2008 global financial meltdown

Stocks saw their worst performance since the 2008 global financial crisis as the Standard & Poor’s 500 Index fell 10 points to close at 3,840 by the end of 2022, CBS News reports. A market-capitalization-weighted index of 500 leading US publicly traded companies and a key gauge of the stock market overall; the S&P 500 index was down 19.4% by the end of last year.

2 girls beheaded at ISIS family members displacement camp in Syria

A US military commander on Sunday warned of the danger facing children living in Syria’s Al-Hol displacement camp for ISIS family members after the beheaded bodies of two Egyptian girls were found in the camp’s sewage system on Tuesday, the Christian Post (CP) reports. US Central Command Gen. Michael Kurilla issued his warning after visiting Al-Hol on Thursday.

Biden announces release of 15 million barrels of emergency reserve oil

President Joe Biden has announced he will release 15 million barrels of oil from America’s emergency Strategic Petroleum Reserve, a move analysts say is intended to show voters in next month’s midterm elections that he is concerned about high gas prices, USA Today reports.

Fire, Shootings At Iran Prison Kills Four

A fire at one of Iran’s most notorious prisons where Christians and political activists are among inmates has killed at least four people and injured 61 others, Iranian authorities acknowledged Sunday.

IMF: “worst is yet to come” in global economy

The International Monetary Fund (IMF) has forecast the “worst is yet to come” economically as it predicts a third of the global economy will contract in 2023, facing two consecutive quarters of negative growth, Sky News reports. The IMF made its predictions in its latest World Economic Outlook report.

Pope Francis Urges Russia To Prevent Nuclear War

Pope Francis has warned rust the war in Ukraine could escalate into a nuclear confrontation and, for the first time, begged Russian President Vladimir Putin publicly to stop the “spiral of violence and death.

Covid Vaccines No Longer Needed Thanks to New Natural Israeli Antibody Treatment

A scientific breakthrough against COVID-19 has been realized by Tel Aviv University. A team of scientists from the university has demonstrated that antibodies isolated from the immune system of recovered COVID-19 patients are effective in neutralizing all known strains of the virus. This includes the Delta and the Omicron variants. This discovery may eliminate the need for repeated booster vaccinations and strengthen the immune system of populations at risk, according to the researchers.

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