U.S. Oil Futures Plunge To Below $0 For First Time
U.S. crude oil futures plunged to a historic low of below $0 on Monday. Desperate traders paid to get rid of that fossil fuel amid a coronavirus-induced lack of global demand.
U.S. crude oil futures plunged to a historic low of below $0 on Monday. Desperate traders paid to get rid of that fossil fuel amid a coronavirus-induced lack of global demand.
Several European Union member states are slowly reopening their doors in lockdowns that have impacted millions of people, many of them children. The lockdowns were introduced by authorities citing concerns about the spread of the new coronavirus disease COVID-19.
A federal judge in Kansas issued a temporary restraining order Saturday, giving churches exemption from Democrat Gov. Laura Kelly’s executive order banning gatherings of more than 10 people. The governor’s order was issued on March 23 to slow the spread of COVID-19, but was not extended to houses of worship until just before Easter as the virus infection rate climbed to a projected peak.
European countries hit hardest by the COVID-19 pandemic as well as New York, the epicenter of the outbreak in the US, have reported progress in fighting the coronavirus. There have been reports of lower daily death counts, slowing rates of infection and reductions in the numbers of patients admitted to intensive care units.
A South Carolina federal judge has awarded an atheist group over $450,000 in attorney’s fees and expenses after it filed a lawsuit to block public prayer at high school graduations, Christian Headlines reports. The award follows a finding last year that there should be limits to student-led prayers at graduation ceremonies. Given on April 14, the award is in respect of legal action initiated by the American Humanist Association (AHA) against Greenville County Schools in 2013. The suit was on behalf of the parents of a pupil who objected to students leading prayer at a graduation ceremony.
President Donald Trump said Sunday negotiations with Democrats continue on another coronavirus relief package to replenish funding for small business loans, also known as the Paycheck Protection Program.
With the deadline to call new elections inching closer, Blue and White leader Benny Gantz is weighing carefully his demands of, and threats against Prime Minister Benjamin Netanyahu, as the two jockey over forming a unity government.
Adhering to social distancing regulations aimed at stemming the coronavirus outbreak, thousands of protesters gathered in Tel Aviv’s emblematic Rabin Square on Sunday night for the latest ‘black flag’ demonstration against an alleged erosion of Israeli democracy under Prime Minister Benjamin Netanyahu’s leadership.
District of Columbia Mayor Muriel Bowser yesterday ordered a one-month extension of the state of emergency, as cases in the region grow at a rapid pace. Federal officials in the nation’s capital expect a New York-like epidemic in the District, Maryland and Virginia, one that could potentially cripple the government.
Orthodox believers in the ex-Soviet republic of Georgia held church services, despite warnings that they complicated efforts to halt the new coronavirus pandemic. Worldwide, millions of Orthodox Christians celebrated Easter – the most important festival in their calendar, amid a series of restrictions and bans to prevent more infections.
Europe’s death toll from the new coronavirus COVID-19 approached 100,000 on Sunday, and over 1 million Europeans were infected, a European health agency announced.
Christians and other minorities in Pakistan face starvation as they are denied food aid for refusing to convert to Islam, aid workers say. The Emergency Committee to Save the Persecuted and Enslaved (ECSPE) confirmed that authorities and government-backed groups refuse to provide relief to non-Muslims despite a nationwide lockdown due to the coronavirus pandemic.
Germany’s health minister says the month-long lockdown has brought the coronavirus outbreak in his country under control. Jens Spahn spoke while several other European Union nations struggled to contain the new virus disease COVID-19.
The chief of the European Union’s executive has made ‘a heartfelt apology’ to Italy for the block’s slow response in handling the coronavirus pandemic. Italy suffered more than 21,000 coronavirus-related deaths, the highest toll in Europe, officials say.
A pastor in the Hunan province of China was arrested on April 2 for suspected subversion of state power. Persecution watchdog International Christian Concern (ICC) reports that the pastor was arrested after his church refused to join a government-approved religious organization.
Christians in Pakistan have been denied food by authorities since the country’s COVID-19 lockdown began on March 21, Arutz Sheva 7 reports. In four incidents recorded this month by International Christian Concern (ICC) and Jihad Watch, Christians were told food aid was for Muslims only.
With much of Hungary in lockdown, a minister attended a quite ceremony to remember the 600,000 Hungarian Jews killed in the Holocaust. At a time when much attention focuses on the coronavirus pandemic, Justice Minister Judit Varga made clear those who died should never be forgotten. Dressed in black, she placed pebbles, flowers, and candles at the Shoes on the Danube embankment monument in Budapest, the capital.
The State Department is concerned China may be conducting small nuclear tests in secret, possibly violating an international agreement banning such tests, Fox News confirmed Wednesday.
All signs are pointing to a global economic crisis of proportions not seen in decades in the face of the coronavirus pandemic crisis.
China reported that its first-quarter GDP contracted by 6.8% in 2020 from a year ago as the world’s second-largest economy took a huge hit from the coronavirus outbreak, data from the National Bureau of Statistics of China showed.