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Press releases published on May 7, 2025
Russian Finance Minister Announces Expansion of Fiscal Shortfall
MENAFN
·
May 7, 2025
(MENAFN) Russian Finance Minister Anton Siluanov announced on Tuesday that the country's fiscal shortfall will expand due to a downturn in income from crude oil and natural gas, according to a report by a news agency. To manage this budgetary gap, the …
Germany Witnesses Growth in Factory Orders
MENAFN
·
May 7, 2025
(MENAFN) Germany witnessed a notable rise in factory orders during March, with a 3.8 percent boost compared to the same month last year and a 3.6 percent improvement over February, according to data released by Destatis on Wednesday. The federal statistics …
Ferrari Warns About US Tariff Risks
MENAFN
·
May 7, 2025
(MENAFN) Ferrari experienced a notable increase in its quarterly earnings on Tuesday, while also issuing a caution regarding possible challenges stemming from U.S. trade tariffs that could influence its income in 2025. The renowned Italian manufacturer of …
Ukrainians express concerns over frontline encirclement
MENAFN
·
May 7, 2025
(MENAFN) Ukrainian soldiers have voiced growing concerns about a possible encirclement as Russian forces push forward along several areas of the front line, according to a CNN report citing battlefield data and social media posts. Russian troops have …
Isarna Therapeutics Presents Positive Phase 2 BETTER Trial Final Results at ARVO 2025
GlobeNewswire
·
May 7, 2025
Innovative antisense therapy blocking production of TGF-β2 shows promise in reducing retinal fibrosis and improving outcomes in patients with wet AMD and DME Gräfelfing, Germany, May 7th, 2025 – Isarna Therapeutics presented final positive results from its …
New Delhi inspects influencers as Pakistan tensions surge
MENAFN
·
May 7, 2025
(MENAFN) Amid escalating tensions with Pakistan, an Indian parliamentary committee has expressed concerns about the potential misuse of social media platforms by influencers, suggesting that they may be working against India's national interests. The …
Moscow declares reports of civilian casualties from Ukrainian attacks last week
MENAFN
·
May 7, 2025
(MENAFN) Russian officials claim last week saw the highest number of civilian casualties so far this year due to Ukrainian attacks. According to Rodion Miroshnik, Russia’s ambassador-at-large tasked with tracking alleged Ukrainian war crimes, 15 civilians …
Apple plans on assembling all iPhones from India
MENAFN
·
May 7, 2025
(MENAFN) Apple plans to move the assembly of all its iPhones from China to India, as confirmed by India's Ministry of Communications and reported by local media. This shift comes in response to escalating trade tensions between the US and China. Currently, …
Pakistan, India treaty fades away
MENAFN
·
May 7, 2025
(MENAFN) On the night of May 7, India launched ‘Operation Sindoor,’ targeting terrorist infrastructure in Pakistan in retaliation for a deadly attack in Pahalgam, Kashmir, that occurred last month. India claimed to have hit at least nine targets, …
China strongly criticizes CIA ‘provocation’
MENAFN
·
May 7, 2025
(MENAFN) China has strongly criticized the CIA for releasing Chinese-language recruitment videos aimed at attracting informants from within the country, labeling the move a “political provocation.” At a press briefing on Tuesday, Chinese Foreign Ministry …
‘Racial laws’ compels investors out of S-Africa
MENAFN
·
May 7, 2025
(MENAFN) Helen Zille, the federal chairperson of South Africa's Democratic Alliance (DA), has stated that government policies, particularly the Employment Equity Act, are driving investors away from the country. According to Zille, investors have cited …
Court Blocks Attempt to Relocate Student's Hearing
MENAFN
·
May 7, 2025
(MENAFN) A federal court has rejected the Trump administration's request to shift the location of a legal hearing involving a Columbia University student who was apprehended for taking part in pro-Palestinian demonstrations on campus. The ruling maintains …
Supreme Court supports Trump’s transgender army prohibition
MENAFN
·
May 7, 2025
(MENAFN) The US Supreme Court has ruled in favor of the Trump administration's ban on transgender individuals serving in the military, allowing the controversial policy to take effect while legal battles continue. In a 6–3 decision issued on May 6, 2025, …
Trump terminates virus research funding
MENAFN
·
May 7, 2025
(MENAFN) US President Donald Trump has signed an executive order cutting off federal funding for “gain-of-function” research on viruses and biological agents, both within the US and in foreign countries like China. Gain-of-function research, which can …
Slovakia collects 400,000 signatures to have Russia sanctions removed
MENAFN
·
May 7, 2025
(MENAFN) In Slovakia, activists have gathered nearly 400,000 signatures calling for the lifting of European Union sanctions on Russia. The petition, led by the Slovak Revival Movement (SHO) and the DOMOV party, has now been submitted to President Peter …
ICC Rejects Duterte's Attempt to Disqualify Judges
MENAFN
·
May 7, 2025
(MENAFN) The International Criminal Court (ICC) has turned down a plea from the legal representatives of former Philippine President Rodrigo Duterte, which aimed to have two judges excluded from overseeing his crimes against humanity case. This proceeding …
China, Japan Express Concern Over India, Pakistan Conflict
MENAFN
·
May 7, 2025
(MENAFN) China on Wednesday described India’s recent missile attacks on locations in Pakistan and the Pakistan-controlled area of Kashmir as “regrettable,” and called on both nations to act with caution. The Chinese Foreign Ministry emphasized its concern …
India hits ‘terrorist targets’ in Pakistan
MENAFN
·
May 7, 2025
(MENAFN) India has initiated "Operation Sindoor," targeting what it calls "terrorist infrastructure" in Pakistan and Pakistan-controlled Kashmir, in response to a deadly terrorist attack in Baisaran Valley. The Indian government stated that it hit at least …
‘Immortal Regiment’ demonstrations take place all across Africa
MENAFN
·
May 7, 2025
(MENAFN) ‘Immortal Regiment’ marches commemorating World War II veterans were held in several African countries as part of Russia’s Victory Day celebrations on May 9. The marches, which honor those who fought against Nazism, took place on Sunday, with …
Senator Shaheen Urges Restraint Between India, Pakistan
MENAFN
·
May 7, 2025
(MENAFN) U.S. Democratic Senator Jeanne Shaheen, a senior figure on the Senate Foreign Relations Committee, voiced serious alarm on Tuesday over intensifying military tensions between India and Pakistan. She urged both nations to show self-control and …