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Press releases published on May 20, 2025
Turkey Criticizes Greek’s ‘Pontic’ Allegations
MENAFN
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May 20, 2025
(MENAFN) On Monday, Turkey strongly denounced statements made by Greek officials regarding the alleged anniversary of "unfounded Pontic allegations." The Turkish Ministry of Foreign Affairs issued a statement expressing disapproval of the remarks, calling …
Denmark vows USD600 million to Ukraine
MENAFN
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May 20, 2025
(MENAFN) Denmark has pledged a new military aid package valued at $618 million to Ukraine, aimed at enhancing its artillery capabilities. This aid comes as the US intensifies efforts to broker peace between Moscow and Kiev, with the two nations recently …
RBA Reduces Interest Rate, Marking Lowest in Two Years
MENAFN
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May 20, 2025
(MENAFN) Australia's central bank, the Reserve Bank of Australia (RBA), today announced a 25 basis point reduction in its official cash rate, bringing it to 3.85 percent. This marks the lowest interest rate seen in two years, and it's the second cut in …
International Pressure Mounts on Israel Demanding Gaza Ceasefire, Humanitarian Access
MENAFN
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May 20, 2025
(MENAFN) In a unified move, the leaders of France, Britain, and Canada voiced strong opposition on Monday to Israel’s escalating military actions in Gaza. They called for an immediate end to the conflict and full humanitarian access to the region. A …
U.S. Terminates USD60M in Federal Grants to Harvard
MENAFN
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May 20, 2025
(MENAFN) The U.S. Department of Health and Human Services (HHS) announced on Monday the termination of $60 million in federal grants previously allocated to Harvard University. The move comes as HHS cites Harvard's ongoing failure to address issues of anti …
Moody’s Downgrade Highlights Concerns Over US Debt
MENAFN
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May 20, 2025
(MENAFN) The United States has now lost its top-tier credit standing from all three principal rating agencies, with Moody’s lowering its evaluation due to escalating public debt and a growing fiscal shortfall. This deterioration is anticipated to aggravate …
EU Revises Economic Outlook
MENAFN
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May 20, 2025
(MENAFN) The European Union has revised its economic growth projection for the eurozone, reducing it to 0.9 percent for 2025—down from a previous estimate of 1.3 percent. This adjustment, outlined in the EU Commission's Spring 2025 Economic Forecast …
China provides Pakistan air defense backing throughout conflict with India
MENAFN
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May 20, 2025
(MENAFN) China provided significant air defense and satellite assistance to Pakistan during its recent military clash with India, according to a Bloomberg report citing a think tank connected to India’s Defense Ministry. Ashok Kumar, head of the Centre for …
Russian ballet says goodbye to two icons in one day
MENAFN
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May 20, 2025
(MENAFN) Two monumental figures in Russian ballet, renowned choreographer Yury Grigorovich and esteemed Bolshoi dancer and teacher Yury Vladimirov, have passed away on the same day. Grigorovich, 98, passed away in Moscow on Monday, confirmed his assistant …
Putin depicts two-hour long Trump call as ‘very useful’
MENAFN
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May 20, 2025
(MENAFN) Russian President Vladimir Putin described his two-hour phone call with US President Donald Trump as "very useful," with the main focus being the ongoing Ukraine conflict. Following the conversation, Putin thanked Trump for his support in resuming …
Biden Gets Diagnosed with Prostate Cancer
MENAFN
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May 20, 2025
(MENAFN) Former United States Leader Joe Biden has been found to have an "aggressive form" of prostate cancer, which has already extended to his bones, as revealed in a statement issued on Sunday by his personal office, and reported by several outlets. …
US-Israel ‘special relations’ possibly to end
MENAFN
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May 20, 2025
(MENAFN) Last week, US President Donald Trump embarked on his first official overseas tour since taking office, visiting three key Gulf nations—Saudi Arabia, Qatar, and the United Arab Emirates. This itinerary was unconventional and, in many respects, …
WHO Members Approve Groundbreaking Global Pandemic Agreement
MENAFN
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May 20, 2025
(MENAFN) Member states of the World Health Organization (WHO) have approved a significant resolution calling for the adoption of a groundbreaking international agreement aimed at enhancing global preparedness for future pandemics. The WHO Pandemic …
Portugal Election Highlights Political Shift
MENAFN
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May 20, 2025
(MENAFN) In Portugal’s most recent general election, the center-right Democratic Alliance (AD) emerged as the leading party, securing the highest number of parliamentary seats. However, it fell short of an outright majority. The election also showcased the …
Belarusian President claims Russia has long been ready for peace with Ukraine
MENAFN
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May 20, 2025
(MENAFN) Belarusian President Alexander Lukashenko stated on Friday that Russia has been prepared for both a ceasefire and a lasting peace with Ukraine for some time. His remarks came in response to Ukrainian President Vladimir Zelensky’s recent call for …
Authorities Announce Discovery of 58 Unidentified Bodies in Libya's Tripoli
MENAFN
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May 20, 2025
(MENAFN) Libyan authorities announced the discovery of 58 unidentified bodies that had been stored for a prolonged period within a morgue at Abu-Saleem Hospital in southern Tripoli. The Interior Ministry stated on Facebook that the morgue was under the …
Russia imposes USD93,000 LGBTQ propaganda fine on Apple
MENAFN
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May 20, 2025
(MENAFN) A Moscow court imposed a fine of 7.5 million rubles ($93,000) on Apple for breaching Russian laws related to LGBTQ propaganda. The company was accused of violating Article 6.21 of Russia’s Administrative Violations Code, which prohibits the …
Harvard Faces Another Grant Termination
MENAFN
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May 20, 2025
(MENAFN) The U.S. Department of Health and Human Services (HHS) declared on Monday that it is discontinuing federal funding worth USD60 million previously allocated to Harvard University. This decision comes in response to the institution’s "continued …
Senate Minority Leader Introduces Bill Blocking Trump from Using Qatari Jet
MENAFN
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May 20, 2025
(MENAFN) Senate Minority Leader Chuck Schumer introduced legislation Monday aimed at preventing President Donald Trump from utilizing a luxury jet reportedly offered by Qatar as the next Air Force One. The proposed bill, dubbed the "Presidential Airlift …
Reserve Bank of Australia Lowers Interest Rate
MENAFN
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May 20, 2025
(MENAFN) The Reserve Bank of Australia (RBA) has reduced its benchmark interest rate by 25 basis points, bringing it down to 3.85 percent, the lowest it has been in two years. This adjustment, made on Tuesday, aligns with market predictions and reflects …