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Press releases published on April 8, 2025

Asian stocks rebound sharply following previous plunge
(MENAFN) Asian stock markets saw a significant rebound on Tuesday, bouncing back from a historic decline in the prior session. Leading the charge was Japan's Nikkei 225 index, which soared by 6.01% to finish at 33,008.50 points. This surge is attributed to …

Asian Countries Seek Trade Discussions with U.S.
(MENAFN) Asian nations are actively exploring avenues to engage in discussions with the United States as a response to the reciprocal tariffs imposed by Leader Donald Trump. These countries are determined to navigate the challenges arising from the ongoing …

Controversy grips American media
(MENAFN) A controversy is gripping American media—not over military actions themselves, but over the premature disclosure of war plans. The focus isn’t on the ongoing US-backed Israeli bombardment of Gaza or the renewed airstrikes against Yemen, but rather …

Microsoft dismisses engineers for protesting Israel AI deal
(MENAFN) In a notable development, Microsoft has reportedly dismissed two software engineers after they voiced their objections to the company's provision of artificial intelligence technology to the Israeli military. Ibtihal Aboussad, an engineer in the …

Norway claims Trump tariffs violate NATO regulations
(MENAFN) Norwegian Foreign Minister Espen Barth Eide has raised concerns that recently imposed US tariffs may violate NATO’s founding principles by undermining economic cooperation among member states. Speaking at the NATO foreign ministers’ meeting in …

Firefighters successfully contain wildfire in South Korea’s Hadong
(MENAFN) Firefighters have managed to control the main flames of a wildfire that reignited in Hadong County on Tuesday, just a day after the area experienced a resurgence of a blaze that had previously devastated the region during last month's record- …

US intelligence claims Western backing won’t guarantee triumph for Kiev
(MENAFN) The 2025 Annual Threat Assessment by the US Intelligence Community warns that Western military support and sanctions will not be enough to shift the balance of power in Ukraine’s favor. The report, which evaluates global threats to US interests, …

Oil Prices Decrease Amid U.S. Trade Conflict
(MENAFN) Oil prices experienced a sharp decline on Monday following new trade tariffs imposed by United States Leader Donald Trump. Additionally, OPEC+ announced plans to boost production in May, and Saudi Arabia decided to reduce oil prices for Asia in …

EU Responds to U.S. Tariffs with Open Discussion Possibilities
(MENAFN) The European Union is taking action in response to the recent tariffs imposed by the United States on EU products while leaving room for further discussions, European Commissioner for Trade and Economic Security, Maros Sefcovic, announced during a …

US Secretary of State Discusses Trade, Terrorism with Pakistan, India
(MENAFN) On Monday, US Secretary of State Marco Rubio held discussions with his Pakistani and Indian peers, Ishaq Dar and Subrahmanyam Jaishankar, focusing on various issues, including trade relations and President Donald Trump's "reciprocal" tariffs. It …

US state press receives portion of previously withheld grant
(MENAFN) The financially struggling US state broadcaster, Radio Free Europe/Radio Liberty (RFE/RL), is set to receive a portion of a previously withheld grant, the organization announced on Monday. The US Agency for Global Media (USAGM) will release $7.46 …

Increasing Threats of Data Breaches, Role of AI in Data Security
(MENAFN) Data breaches globally incur an average cost of almost USD4.5 million, but the broader impact, including damage to reputation, loss of customer trust, and hefty regulatory fines, paints a more alarming picture. With the increasing use of …

Over 20 die as deadly storms lash US Midwest, South
(MENAFN) Severe weather, including flash floods and tornado damage, has claimed the lives of more than 22 individuals across several states in the Midwestern and southern United States over the weekend, officials report. Tennessee recorded the highest …

Korean electronics leading company assures ‘test restart’ of Russian plant
(MENAFN) LG Electronics has confirmed it has conducted a test restart of its Russian plant, which had been inactive since 2022 due to Western sanctions related to the Ukraine conflict. The company had halted all shipments to Russia and suspended operations …

US military vehicle, four crew members gone missing following training exercise in Lithuania
(MENAFN) A US military vehicle and its four crew members have gone missing following a training exercise in Lithuania on Tuesday, where the vehicle sank in a swamp near the Belarus border. The M88 Hercules armored vehicle, used for recovering other …

Trump Threatens China with Higher Tariffs
(MENAFN) In an escalation of the ongoing global trade disputes, U.S. Leader Donald Trump on Monday warned that he may introduce a 50 percent tariff on China, building on the 34 percent reciprocal tariffs that were announced just a week earlier. Trump …

Spaniards consider Russia, US, Israel as biggest threats to world peace
(MENAFN) A recent poll in Spain reveals that a majority of Spaniards consider Russia, the United States, and Israel to be the primary threats to worldwide peace. The survey, conducted by polling firm 40db for El Pais newspaper and Cadena Ser radio station, …

South Korea's current account surplus expands in February fueled by export rebound
(MENAFN) South Korea's current account surplus experienced a notable rise in February compared to the previous month, fueled by a rebound in exports, as reported by the Bank of Korea (BOK) on Tuesday. The country's current account balance, which serves as …

Supreme Court Permits Deportations Under Alien Enemies Act
(MENAFN) The US Supreme Court decided on Monday that the Trump government is permitted to continue deporting undocumented immigrants under the Alien Enemies Act (AEA), based on media reports. The Court ruled 5-4 to overturn a decision made the previous …

Expert says ICC serves powerful rather than justice
(MENAFN) The International Criminal Court (ICC) has lost its legitimacy by aligning itself with the political interests of powerful nations, claims international relations expert Ali Hammoud. In an interview on Thursday, Hammoud, a professor at the Center …