U.N. Agency: ‘Half of World’s Workers Lose Jobs Over Coronavirus’

A principal United Nations agency warns that nearly half of the world’s working population may lose jobs and incomes as the coronavirus pandemic continues to devastate lives and economies. The International Labour Organization (ILO) said some 1.6 billion people are in “immediate danger of having their livelihoods destroyed” by the economic impact of the virus outbreak and related measures. 

U.S. Economy Down 4.8 Percent In Biggest Decline Since Great Recession

The U.S. economy shrank at 4.8 percent in the first quarter of this year, the most significant decline since the Great Recession of the late 2000s, as the nation shivers of the coronavirus pandemic measures. With much of America in lockdown, figures released by the Commerce Department showed that the United States entered a recession that will end the longest expansion on record.

Poll: ’90 Percent of Americans Fear U.S. Economy Collapse.’

Nearly nine out of every 10 Americans fear the imminent collapse of the U.S. economy during the coronavirus pandemic, according to a new poll. The Axios-Ipsos CoronavirusIndex also showed that Americans fear the possible financial ruin of their nation more than the risk of reopening communities too early amid the virus outbreak.

Some 132,000 Turn To Christ In ‘Quarantine Revival’ 

More than 130,000 people from across the world, many in lockdown due to the coronavirus pandemic, have decided to follow Jesus Christ after an online evangelism event, organizers said. “We are living through a Great Quarantine Revival, and I think God is just getting started,” explained evangelist Nick Hall, whose Pulse movement organized the virtual program.

New North American trade pact to take effect July 1

U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed.

About half of US churches planning to resume in-person services in May

After weeks of having online services due to the COVID-19 pandemic, about half of US churches are expected to resume holding in-person services in May, the Christian Post reported. Churches that reopen are expected to do so while still observing safety measures to prevent the spread of the coronavirus.

Report: ‘More Americans Believe in Satan than in God’

A new report of a respected U.S. researcher concludes that more Americans believe in Satan than belief in God. George Barna, whose work is based at the Cultural Research Center at Arizona Christian University, also writes: “Tens of millions of Americans consider themselves to be Christian but do not believe that God is really in control or cares what happens to them.”

US Pastor Dies Of Coronavirus After Preaching Resurrection of Christ

A Baptist pastor in the U.S. state of Michigan has died shortly after celebrating his recovery from the new coronavirus and preaching about the resurrection of Christ. David Ford, a pastor at Friendship House of Prayer Baptist Church in the state capital Lansing, had been hospitalized with the virus disease COVID-19, friends said.

US deficit expected to reach nearly $4 Trillion

The US Congressional Budget Office (CBO) predicted on Friday that, as a result of the COVID-19 pandemic, America’s deficit will reach $3.7 trillion this year, Politico reports. The CBO also said that unemployment will rise to 16 percent in 2020, before going to down to 9.5 percent by the end of 2021.

EU Unveils $580 Billion Aid Package Amid Virus Lockdowns

After the U.S. unveiled similar measures, the European Union has approved a $580 billion aid package to help limit the devastating economic consequences of coronavirus pandemic lockdowns in member states. However, beyond the immediate aid, the dispute remains over the structure – and funding – of a long-term recovery plan. It emerged this weekend that the European Commission, the EU’s executive, has now been tasked to make proposals by May 6, when another video conference will be held.

Protests Against Anti-Virus Lockdown Spread In Europe

Protests against lengthy coronavirus-related lockdowns have spread in Europe where most people have died in the global pandemic, devastating economies and wracking lives of millions. In Germany, the continent’s largest economy, police detained dozens of protesters over the weekend for violating the strict lockdown measures they were demonstrating against.

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