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WHY DID THE CHURCH IN CORINTH APPEAL TO ROME AND NOT JOHN THE APOSTLE ?
One of the earliest pieces of evidence for the papacy comes from around AD 96, during a crisis in the Church of Corinth. Some presbyters had been unjustly removed, and guess who they turned to for help? Not the Apostle John, who was still alive and living closer to them in Ephesus, but Clement, bishop of Rome (Pope Clement I). That's huge. Think about it: Why would a church bypass a living apostle nearby and appeal all the way to Rome unless Rome already held a special authority? Clement didn't respond casually either. His letter (known as 1 Clement) is firm, authoritative, and calls for obedience. He even warns of spiritual danger for those who ignore his instructions. And the Corinthians accepted it! In fact, they read his letter publicly in their church for decades afterward.



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WHY DID THE CHURCH IN CORINTH APPEAL TO ROME AND NOT JOHN THE APOSTLE ?
One of the earliest pieces of evidence for the papacy comes from around AD 96, during a crisis in the Church of Corinth. Some presbyters had been unjustly removed, and guess who they turned to for help? Not the Apostle John, who was still alive and living closer to them in Ephesus, but Clement, bishop of Rome (Pope Clement I). That's huge. Think about it: Why would a church bypass a living apostle nearby and appeal all the way to Rome unless Rome already held a special authority? Clement didn't respond casually either. His letter (known as 1 Clement) is firm, authoritative, and calls for obedience. He even warns of spiritual danger for those who ignore his instructions. And the Corinthians accepted it! In fact, they read his letter publicly in their church for decades afterward.

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Mr. Durov launched Telegram in late 2013 with his brother, Nikolai, just months before he was pushed out of VK, the Russian social-media platform he founded. Mr. Durov pitched his new appβ€”funded with the proceeds from the VK saleβ€”less as a business than as a way for people to send messages while avoiding government surveillance and censorship.

Spiking bond yields driving sharp losses in tech stocks

A spike in interest rates since the start of the year has accelerated a rotation out of high-growth technology stocks and into value stocks poised to benefit from a reopening of the economy. The Nasdaq has fallen more than 10% over the past month as the Dow has soared to record highs, with a spike in the 10-year US Treasury yield acting as the main catalyst. It recently surged to a cycle high of more than 1.60% after starting the year below 1%. But according to Jim Paulsen, the Leuthold Group's chief investment strategist, rising interest rates do not represent a long-term threat to the stock market. Paulsen expects the 10-year yield to cross 2% by the end of the year. A spike in interest rates and its impact on the stock market depends on the economic backdrop, according to Paulsen. Rising interest rates amid a strengthening economy "may prove no challenge at all for stocks," Paulsen said.

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