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Press releases published on May 27, 2025

Police Arrest Man After Minor Blast
(MENAFN) Authorities in Baltimore, Maryland apprehended a 46-year-old individual after an explosion took place on Monday, as reported by local news outlets. According to law enforcement sources, the detonation happened along the 400 block of South Gilmor …

Tornado Rips Through Southern Chile, Injures 19, Wrecks 250 Homes
(MENAFN) President Gabriel Boric was expected to arrive Monday in Puerto Varas, a lakeside city in southern Chile, following a rare and powerful tornado that tore through the area Sunday. The storm left 19 people injured, damaged more than 250 homes, and …

Israel Halts Flights at Tel Aviv Airport
(MENAFN) Flights at Tel Aviv's Ben Gurion Airport were halted by Israeli authorities on Tuesday following a missile strike launched from Yemen, according to reports from local outlets. A national broadcaster reported that the move to suspend operations was …

DPRK Condemns U.S. “Golden Dome” Missile Defense System
(MENAFN) The Democratic People's Republic of Korea (DPRK) Foreign Ministry condemned the United States’ proposed “Golden Dome” missile defense system, labeling it a clear manifestation of the “America first” doctrine, according to state media on Tuesday. …

Japan plane urgently lands due to man attempting to open doors
(MENAFN) A Japanese airplane going from Tokyo to Texas urgently landed because a passenger attempted to open one of the airplane doors while the flight was in the sky. The airline stated that All Nippon Airways (ANA) Flight 114 changed its path and headed …

Volvo Reveals Cutting Jobs in Cost-Reduction Plan
(MENAFN) Swedish car manufacturer Volvo Cars revealed on Monday that it plans to eliminate 3,000 positions as part of its new "cost and cash action plan." According to an official statement from the company, "The action plan aims to build a stronger and …

Kremlin Blasts West for Slashing Missile Range Curbs on Ukraine
(MENAFN) The Kremlin on Monday condemned as "dangerous" the recent move by multiple European nations to eliminate range limitations on missiles provided to Ukraine. Kremlin spokesman Dmitry Peskov warned that if these reported decisions were indeed …

South Korea Bans Travel of Former Officials
(MENAFN) On Tuesday, South Korea enforced a travel restriction on former Premier Han Duck-soo and ex-Finance Minister Choi Sang-mok, according to local news outlets. This move came after both officials were interrogated by law enforcement authorities on …

Germany Surpasses Japan as World’s Top Creditor
(MENAFN) Japan has relinquished its status as the world’s leading creditor for the first time in over three decades, based on a report by a news agency. Despite recording an unprecedented level of net overseas assets, Japan was overtaken by Germany, ending …

ECB’s President Demands Expanded International Role for Euro
(MENAFN) European Central Bank President Christine Lagarde sounded the alarm Monday on the growing volatility surrounding the U.S. dollar’s global supremacy, calling for an expanded international role for the euro. Addressing an audience at Berlin’s Hertie …

Climber Achieves Historic Mount Everest Climb
(MENAFN) Renowned Nepali climber Kami Rita Sherpa has set a new benchmark by conquering Mount Everest for the 31st time, once again surpassing his own global record for the greatest number of successful ascents to the world’s tallest peak. As reported by …

Trump's Shifting Tariff Policies Spark Market Risks
(MENAFN) U.S. Leader Donald Trump's erratic remarks and unpredictable moves regarding trade tariffs have significantly heightened uncertainty and instability in global financial markets. His most recent decision related to the European Union has added …

Tokyo Construction Site Explosion Injures Ten
(MENAFN) Ten individuals sustained injuries on Tuesday after a blast erupted at a building site in Tokyo, the capital of Japan, as reported by local news agencies. As detailed by a Japanese news agency, the explosion took place when a service vehicle …

Egypt Uncovers Three New Kingdom Tombs in Luxor
(MENAFN) An Egyptian archaeological team has uncovered three tombs belonging to high-ranking officials from the New Kingdom era (1550 BC–1069 BC) in Luxor, according to a statement released Monday by the Egyptian Ministry of Tourism and Antiquities. One …

UK Police Say Liverpool Vehicle Incident is not Terrorism
(MENAFN) British law enforcement announced on Monday that a major event on Water Street in Liverpool—where a vehicle plowed into a group of people—is not being categorized as an act of terrorism. During a press briefing, Assistant Chief Constable Jenny …

German Consumer Sentiment Shows Slight Rise
(MENAFN) Consumer confidence in Germany is anticipated to edge up slightly in June, although overall morale remains subdued due to lingering economic volatility both globally and domestically, according to a statement on Tuesday by market research …

European Car Market Grows in April
(MENAFN) The European passenger vehicle sector witnessed a modest expansion in April, marking a 1.3 percent rise in new registrations compared to the same period last year. According to statistics published on Tuesday by the European Automobile …

Tesla’s European Sales Decline in April
(MENAFN) According to information disclosed on Tuesday by the European Automobile Manufacturers' Association (ACEA), the American electric car powerhouse Tesla experienced a significant downturn in its April sales, with a yearly decrease of 52.6 percent. …

ITM Secures Up to $262.5m in Non-dilutive Debt Financing with Blue Owl Managed Funds
Debt capital to support commercial readiness and potential U.S. launch of n.c.a. 177Lu-edotreotide (ITM-11), following positive Phase 3 results Flexible funding structure enables continued advancement of ITM’s targeted radiopharmaceutical pipeline and …

Attorney General Describes Appointing Shin Bet Chief as ‘Invalid’
(MENAFN) Israeli Attorney General Gali Baharav-Miara has determined that the designation of Maj. Gen. David Zini as the head of Israel’s Shin Bet internal security agency is “invalid and unlawful,” according to a report by Israeli media on Monday. Baharav- …