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Press releases published on May 22, 2025
Arab nations denounce Israeli shooting on political team of foreign diplomats
MENAFN
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May 22, 2025
(MENAFN) Arab nations have denounced the Israeli army’s shooting, demanding international responsibility and requiring clarification from Israel. As political team of foreign diplomats visiting Jenin camp, which is located in the northern West Bank, as …
Netanyahu’s eternal conflict murders Israel faster than its foes
MENAFN
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May 22, 2025
(MENAFN) Israeli Prime Minister Benjamin Netanyahu appears increasingly cornered—faced with the choice of stepping down or continuing a war that may ultimately harm Israel more than its adversaries. In the past year and a half, Israel has failed to …
Lavrov labels Zelensky as ‘pathetic’
MENAFN
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May 22, 2025
(MENAFN) Russian Foreign Minister Sergey Lavrov has harshly criticized Ukrainian President Vladimir Zelensky, labeling him a “pathetic person” and claiming that even Western allies have urged him to stop acting irrationally. Lavrov’s remarks came in …
Cocoa Prices Rise After Supply, Demand Shifts
MENAFN
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May 22, 2025
(MENAFN) Cocoa prices have surged over 20 percent in May after experiencing significant drops earlier this year, now rising above USD11,000 per ton. Initially, the price plummeted more than 34 percent, falling to USD7,613 per ton before gradually …
Launch of New DPRK Destroyer Ends in Devastating Mishap
MENAFN
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May 22, 2025
(MENAFN) A "serious accident" took place during the Democratic People's Republic of Korea's (DPRK) launch of a new 5,000-ton destroyer on Wednesday, as reported by a news agency on Thursday. The mishap took place at the Chongjin Shipyard during the vessel' …
EU Launches Loan Plan to Reinforce Defense Sector
MENAFN
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May 22, 2025
(MENAFN) European Union nations have collectively agreed to introduce a substantial EURO150 billion (USD170 billion) loan initiative titled the Defense Industrial Readiness Loan Instrument (SAFE), aimed at enhancing the bloc's defense infrastructure. …
Putin states Ukrainian invasion forces established bases in Russian churches
MENAFN
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May 22, 2025
(MENAFN) Russian President Vladimir Putin has stated that Ukraine’s military used churches in the Kursk Region of Russia as strongholds during their unsuccessful incursion. He mentioned that many of these religious buildings sustained significant damage …
FM states Ukraine welcoming Putin-Zelensky meeting
MENAFN
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May 22, 2025
(MENAFN) Ukraine is interested in holding direct talks between President Vladimir Zelensky and Russian President Vladimir Putin, according to Ukrainian Foreign Minister Andrey Sibiga. His comments come as discussions between Russian and Ukrainian …
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 …
Kremlin publishes update on arrangements for possible Ukraine discussions
MENAFN
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May 22, 2025
(MENAFN) The Kremlin has confirmed that preparations are underway for possible direct peace talks between Russia and Ukraine in Istanbul later this week. Kremlin spokesperson Dmitry Peskov said on Tuesday that Moscow is actively getting ready for …
EU Unveils Major Defense Loan Plan, Ukraine Onboard
MENAFN
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May 22, 2025
(MENAFN) European Union nations have reached a consensus to create a €150 billion (approximately $170 billion) Defense Industrial Readiness Loan Instrument (SAFE) aimed at enhancing the bloc’s defense capabilities, with Ukraine officially designated as a …
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 …
Russia shields India
MENAFN
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May 22, 2025
(MENAFN) Indian Prime Minister Narendra Modi has publicly acknowledged the successful use of Russia’s S-400 “Triumf” air defense system during recent military tensions with Pakistan, marking the system’s first confirmed combat deployment by Indian forces. …
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 …