Prophecy News Watch - April 10, 2020

Around the World
EU Ministers Agree On 500 Billion Euro Coronavirus Package
European Union finance ministers agreed Thursday on a half-a-trillion euro ($550-billion) rescue package for European nations hit hard by the coronavirus pandemic. The chairman of the Eurogroup, Mário Centeno, confirmed the deal following marathon talks in Brussels where Italy warned the EU would collapse without financial solidarity.
Powerful Cat 5 Cyclone tears into Fiji and moves on to Tonga
Powerful cyclone Harold slammed into the South Pacific island nation of Fiji Wednesday, cutting off communications, causing buildings to collapse and injuring residents in Suva, the capital. The category 5 cyclone has already killed 27 people in the Solomon Islands and wreaked havoc in Vanuatu. The cyclone crisis in the South Pacific comes as local Island nations brace for the coronavirus pandemic.
U.S., UK cyber officials say state-backed hackers taking advantage of outbreak
American and British cybersecurity officials are warning that state-backed hackers and online criminals are taking advantage of the coronavirus outbreak to further their operations, echoing concerns from digital safety experts.
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.
Saudi Arabia and Russia reach deal to end oil price war after pressure from Trump
Saudi Arabia and Russia ended their price war and are poised to deliver the oil production cut President Trump has been demanding in order to raise historically low prices that have damaged the U.S. shale industry.
Britain's Johnson Out Of Intensive Care With Coronavirus
Britain's Prime Minister Boris Johnson was taken from intensive care late Thursday but remained in a London hospital recovering of the new coronavirus COVID-19, his office announced. "The prime minister has been moved this evening from intensive care back to the ward...He will receive close monitoring during the early phase of his recovery," it added.
American companies moving away from China as main supplier
A new report shows the “dramatic reversal” of a five-year trend as US companies commanded a considerably larger share of manufacturing in 2019 than the 14 Asian exporters that were tracked for the study. According to the seventh annual Reshoring Index report by global manufacturing consulting firm Kearney, Chinese exporters suffered the greatest losses.
European Union in disagreement over coronavirus finance deal
A disagreement over eurozone loans on Wednesday halted European Union (EU) efforts to agree on a deal on managing the economic fallout of the coronavirus pandemic. Negotiations between European finance ministers were suspended until Thursday after 16 hours of talks brought no resolution. Yesterday’s discussions followed similar talks that were held last month, when no agreement was reached either.

Inside the United States
U.S. Debt Reaches "Unsustainable" 24 Trillion Dollars
The federal government debt of the United States has reached a record $24 trillion despite warnings by the nation's leading watchdog that it is unsustainable for the world's largest economy.
Wall Street rises on latest Fed rescue program
Wall Street closed out the trading week on a high note on Thursday as the U.S. Federal Reserve unleashed another program designed to buoy local governments and businesses crushed by massive closures to stem the coronavirus outbreak.
Fed Is Seizing Control of the Entire U.S. Bond Market
The Federal Reserve is not leaving any corner of the U.S. bond market behind in this crisis.

Christian News
Most US Pastors Believe Christ Returns Soon
Roughly 9 in 10 pastors in the United States view current events as signs that Jesus Christ will return soon to Earth, according to a new survey by a significant church research group.
Many Christians displaced in Nigeria by Muslim Fulani herdsmen attacks
Recent attacks by Muslim Fulani herdsmen against Nigerian Christians have left many people displaced and women and children without adequate food and shelter, according to a Nigerian Christian leader.
With in-person church services shut down, Trump talks to nation's faith leaders
President Donald Trump on Wednesday said he talked to 10,000 U.S. faith leaders about the ongoing COVID-19 pandemic that has led to bans on in-person church services, closed nonessential businesses and killed more than 14,500 Americans.