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Press releases published on April 10, 2025
Goldman Sachs claims US encountering escalating recession risk
MENAFN
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April 10, 2025
(MENAFN) Goldman Sachs has raised concerns about an increasing risk of recession in the US, warning that President Donald Trump’s aggressive tariff strategy could dampen economic growth, drive inflation higher, and push up unemployment. In an updated …
Forbes states Russia mints 15 new billionaires
MENAFN
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April 10, 2025
(MENAFN) Russia has gained 15 new billionaires over the past year, according to the 2025 Forbes World’s Billionaires List, bringing the country's total to a record 146 — despite ongoing Western sanctions intended to destabilize its economy. The new Russian …
Trump burdens China with 104 percent tariffs
MENAFN
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April 10, 2025
(MENAFN) The United States has raised tariffs on all Chinese imports to an eye-popping 104%, further intensifying the ongoing trade conflict and causing a $1.5 trillion loss in U.S. stock markets on Tuesday. Originally, China was expected to face a 34% …
WHO announces next pandemic possibly to hit ‘tomorrow’
MENAFN
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April 10, 2025
(MENAFN) The World Health Organization (WHO) has warned that another deadly pandemic could emerge as soon as "tomorrow," urging nations to prepare for future outbreaks. WHO Director-General Tedros Adhanom Ghebreyesus emphasized the need for governments to …
Washington reveals date, agenda of upcoming Russia-US discussions
MENAFN
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April 10, 2025
(MENAFN) The U.S. State Department has officially confirmed that the next round of discussions with Russia will take place in Istanbul, Türkiye, on Thursday, April 10. The goal of the talks is to improve the functioning of diplomatic missions between the …
Italian Premier Meets Queen of Jordan in Rome
MENAFN
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April 10, 2025
(MENAFN) Italian Premier Giorgia Meloni welcomed Queen Rania of Jordan to Rome on Wednesday, where their discussions focused on enhancing mutual relations and collaborating on humanitarian initiatives in Gaza. A release from the Italian Premier’s Office …
UN report calls for fundamental change in tackling environmental crises
MENAFN
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April 10, 2025
(MENAFN) A new report from the United Nations University, released on Wednesday, highlights the urgent need for humanity to go beyond simply managing the symptoms of environmental crises and to address their fundamental causes. The 2025 Interconnected …
Tragic accident claims lives in Indonesia's East Java
MENAFN
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April 10, 2025
(MENAFN) A devastating accident on Thursday resulted in the deaths of seven individuals and left two others seriously injured when a minivan collided head-on with a passenger bus in Gresik Regency, East Java, Indonesia, according to local officials. The …
Oil rate dips to four-year low
MENAFN
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April 10, 2025
(MENAFN) Oil prices dropped over 3% on Monday, extending last week's losses, as rising US-China trade tensions fueled concerns about a potential recession, which could reduce demand for crude oil. Brent crude futures for June 2025 delivery fell below $64 …
Trump announces plans to pull US troops out of Europe
MENAFN
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April 10, 2025
(MENAFN) US President Donald Trump has suggested the possibility of pulling American troops out of Europe if NATO allies do not increase their defense contributions. According to NBC News, the US is contemplating the removal of up to 10,000 troops from …
UN: Yemen bombing campaign exacerbates catastrophic hunger crisis
MENAFN
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April 10, 2025
(MENAFN) United Nations humanitarian agencies have issued a stark warning about the escalating humanitarian crisis in Yemen, stating that the ongoing bombing campaign is worsening an already dire situation where nearly half of the civilian population faces …
Global financial system walks in ‘unchartered territory’
MENAFN
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April 10, 2025
(MENAFN) Deutsche Bank's George Saravelos has cautioned that the global financial system is venturing into "uncharted territory" as the escalating US-China trade war risks evolving into a "full-fledged financial war." Saravelos highlighted a collapse in …
EU, Ukraine Highlight Diplomatic Progress Regarding Ceasefire Deal
MENAFN
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April 10, 2025
(MENAFN) On Wednesday, the European Union and Ukraine stated that a ceasefire deal, which was negotiated in recent talks between US and Ukrainian delegations in Saudi Arabia, could represent a significant step towards peace. However, both parties …
US, South Korea Begin Naval Military Drill
MENAFN
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April 10, 2025
(MENAFN) The United States and South Korea recently conducted a naval drill aimed at enhancing their cooperative capabilities in sea-based salvage and rescue operations during both wartime and peacetime scenarios. This five-day exercise, which started on …
US Official pledges to prevent Chinese control of Panama Canal
MENAFN
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April 10, 2025
(MENAFN) US Defense Secretary Pete Hegseth asserted on Wednesday that the Panama Canal will not be controlled by China, citing concerns over potential military advantages and "unfair" economic gains from Chinese investments in the region. Speaking at the …
US issues warning against support for Houthi-controlled ports
MENAFN
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April 10, 2025
(MENAFN) On Wednesday, the United States issued a stern warning, stating it would not "tolerate" any nations or businesses that supply fuel or other forms of assistance to ports under the control of Yemen's Houthi movement. The announcement comes after the …