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Press releases published on May 22, 2025
Ukrainian Gets Accused in UK Premier Arson Attacks
MENAFN
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May 22, 2025
(MENAFN) A Ukrainian citizen has been formally accused in relation to a string of arson incidents in London that allegedly targeted a “high-profile public figure,” as revealed by the Metropolitan Police on Wednesday. Earlier news reports suggested that the …
Nvidia CEO Slams U.S. AI Chip Restrictions, Calls Them "Failure
MENAFN
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May 22, 2025
(MENAFN) Jensen Huang, CEO of Nvidia, has harshly criticized the U.S. government's restrictions on artificial intelligence chips to China, calling them a "failure" that has only pushed Chinese companies to develop their own technology. Huang shared these …
Pakistan Expels Indian High Commission Official Amid Diplomatic Tensions
MENAFN
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May 22, 2025
(MENAFN) In a fresh escalation of diplomatic tensions between the two South Asian neighbors, Pakistan on Thursday expelled a staff member of the Indian High Commission based in Islamabad. The individual was declared persona non grata, a formal designation …
Putin specifies terms for return of Western companies
MENAFN
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May 22, 2025
(MENAFN) President Vladimir Putin has stated that Western companies that exited Russia following the escalation of the Ukraine conflict may be allowed to return, but only if it aligns with Russia's economic interests. He emphasized that businesses that …
Italian Commerce Chamber Demands Easing Russian Sanctions
MENAFN
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May 22, 2025
(MENAFN) The Italian-Russian Chamber of Commerce has called on the Italian government to initiate discussions aimed at removing existing sanctions, emphasizing that the penalties are adversely affecting the financial interests of both nations. In a recent …
Italian commerce chamber demands termination of Russia sanctions
MENAFN
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May 22, 2025
(MENAFN) The Italian-Russian Chamber of Commerce has called on the Italian government to begin discussions about lifting sanctions on Russia, arguing that the current restrictions are damaging the economic interests of both nations. Vincenzo Trani, the …
Trump Considers Reviving Privatization of Fannie Mae, Freddie Mac
MENAFN
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May 22, 2025
(MENAFN) U.S. Leader Donald Trump revealed on Wednesday that he is earnestly contemplating the possibility of taking Fannie Mae and Freddie Mac—two major players in the mortgage finance sector—public once again. He pointed to their robust fiscal condition …
Japan’s Real Wages Drop, Marking Third Straight Annual Decline
MENAFN
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May 22, 2025
(MENAFN) Japan saw a 0.5 percent drop in average inflation-adjusted monthly wages during fiscal 2024, marking the third straight annual decline, according to government data released Thursday. Although the drop in real wages was less severe than the 2.2 …
Istanbul Joins Top 20 Congress Cities for First Time Since 2015
MENAFN
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May 22, 2025
(MENAFN) Istanbul, Türkiye's largest city bridging Europe and Asia across the Bosphorus Strait, moved up one position in the global congress city rankings last year, marking its return to the top 20 for the first time since 2015, according to data from the …
Fitch Drops Growth Forecast for 10 Developing Countries
MENAFN
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May 22, 2025
(MENAFN) Fitch, a global credit rating agency, has announced a reduction in its expected medium-term growth rate for a group of 10 developing nations, adjusting its forecast from 4 percent to 3.9 percent. The agency updated its five-year potential GDP …
Tottenham Wins Over Manchester United
MENAFN
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May 22, 2025
(MENAFN) Tottenham Hotspur emerged victorious with a 1-0 win over Manchester United in the UEFA Europa League final, held at San Mames Stadium on Wednesday. This triumph secured them the 2024-2025 Europa League title and capped off an unforgettable season, …
Russia-Ukraine peace discussions doomed before they start
MENAFN
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May 22, 2025
(MENAFN) Diplomatic attention has quickly shifted from Moscow’s Victory Day celebrations to the possibility of Russia-Ukraine peace talks in Istanbul—potentially the first direct negotiations since spring 2022. Though initially triggered by Russian …
GITEX Europe 2025 Begins in Berlin
MENAFN
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May 22, 2025
(MENAFN) GITEX Europe 2025, a prominent innovation gathering, officially commenced in Berlin, drawing in thousands of enterprises from around the globe. The exhibition opened its gates to technology enthusiasts and professionals on Wednesday in the German …
India Denies Pakistan’s Explosion Accusations
MENAFN
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May 22, 2025
(MENAFN) India has firmly dismissed Pakistan's accusations linking it to a recent suicide bombing in Balochistan province, which reportedly claimed the lives of five people, including three minors. The Indian government has labeled the allegations as “ …
EU Allocates Funding Supporting US Media Outlet
MENAFN
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May 22, 2025
(MENAFN) The European Union has committed EURO5.5 million in emergency funding to Radio Free Europe/Radio Liberty (RFE/RL), aiming to support the Cold War-era broadcaster, which is commonly seen as a Western propaganda source. RFE/RL, initially established …
Rubio Criticizes Biden Administration
MENAFN
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May 22, 2025
(MENAFN) U.S. Secretary of State Marco Rubio has accused the previous administration under President Joe Biden of acting recklessly by largely ceasing diplomatic contact with Russia. While speaking before the House Foreign Affairs Committee on Wednesday, …
Al-Sharaa Hails EU Sanctions Lift as “Historic,” Costa Congratulates
MENAFN
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May 22, 2025
(MENAFN) European Council President Antonio Costa extended congratulations to Syrian President Ahmed al-Sharaa on Wednesday following the European Union’s announcement to lift economic sanctions on Syria, describing the move as a “real opportunity for …
Russian spy organization claims Kiev wants to exchange nationals for neo-Nazis
MENAFN
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May 22, 2025
(MENAFN) Ukraine is deliberately delaying the return of Russian civilians captured during its brief incursion into Russia’s Kursk Region, intending to use them as bargaining chips to negotiate the release of Azov unit fighters, according to the Russian …
U.S. Officially Accepts Jet from Qatar
MENAFN
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May 22, 2025
(MENAFN) The United States has reportedly received a Boeing 747 aircraft as a donation from the State of Qatar, according to American news outlets on Wednesday. The information was confirmed by a spokesperson from the Department of Defense. The U.S. Air …
Nvidia CEO Criticizes U.S. AI Chip Restrictions
MENAFN
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May 22, 2025
(MENAFN) Jensen Huang, the head of Nvidia, criticized U.S. limitations on artificial intelligence chip exports to China, calling the policy “a failure,” as per a report by the media. Huang pointed out that these measures have backfired by motivating …