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Press releases published on April 10, 2025

Japan Considers Cash Handout Plan Amid Tariff Conflict
(MENAFN) Japan’s governing coalition is contemplating a plan to provide direct cash assistance as part of a broader effort to mitigate the effects of U.S. tariffs and persistent inflation on the nation’s economy, according to reports from local media on …

Police shoot author Jillian Lauren, charge her after hit-and-run incident
(MENAFN) Acclaimed author Jillian Lauren was shot by police and now faces an attempted murder charge following a dramatic incident related to a hit-and-run investigation in Los Angeles on Tuesday. The confrontation arose during a police chase involving …

Goldman Sachs declares risk of US recession at 45 percent
(MENAFN) Goldman Sachs has increased the likelihood of a US recession to 45%, up from 35%, following President Donald Trump's announcement of sweeping new tariffs. In a research note released Monday, the bank highlighted that the tariffs are tightening …

Sudan charges UAE with 'complicity in genocide' at ICJ
(MENAFN) Sudan has brought a case before the International Court of Justice (ICJ), alleging that the United Arab Emirates is "complicit in the genocide" taking place amid the ongoing civil war in the country. Entering its second year, the conflict involves …

Trump tariff shock causes four-year low to oil
(MENAFN) Oil prices have plummeted to their lowest levels in over four years, with Brent crude falling to about $61 per barrel and US West Texas Intermediate (WTI) dropping to around $58, marking the lowest prices since February 2021. The steep decline …

Lyon Mayor Gets Released After Police Custody
(MENAFN) The mayor of Lyon, Gregory Doucet, was released from police custody on Wednesday after being questioned in connection with an investigation into the alleged embezzlement of public funds, according to a report from a newspaper. Doucet, who is …

China-built wind farm in Uzbekistan launches operations ahead of schedule
(MENAFN) A wind farm initiative in Uzbekistan, utilizing Chinese technology and recognized as the largest in Central Asia, has officially begun commercial operations two months earlier than planned. Situated in the Bukhara region, the Bash and Dzhankeldy …

Trump`s tariffs make sense
(MENAFN) Let’s take a moment to consider Trump’s tariffs from a different angle. While it’s easy to dismiss them as reckless or misguided, it’s worth examining the broader economic context before making judgments. Yes, Trump is known for his impulsive …

Canadian Premier Welcomes Trump's Tariff Pause
(MENAFN) Canadian Premier Mark Carney expressed his approval of United States Leader Donald Trump's decision to delay the implementation of extensive tariffs, calling it a "welcome reprieve" for the global economy. In a post shared on X Wednesday evening, …

Australia Dismisses China’s Collaboration Proposal for Countering US Tariffs
(MENAFN) On Thursday, Australia dismissed the idea of collaborating with China to counter US President Donald Trump's tariffs, based on local media reports. Premier Anthony Albanese firmly declined China's offer to "join hands," stating that Australia …

EU postpones countermeasures against US tariffs amid negotiation window
(MENAFN) The European Union has opted to postpone its planned countermeasures for 90 days, which were set to take effect next week in response to US tariffs. This decision comes in light of US President Donald Trump's recent announcement of a temporary …

Trump confesses he replied to stock market dip
(MENAFN) President Donald Trump has acknowledged that his decision to delay additional tariff increases was partly influenced by a significant drop in the US financial markets. He explained that he was closely monitoring investor sentiment, as people …

Indonesian President Supports Turkey's Pursuit of Justice
(MENAFN) Indonesian President Prabowo Subianto expressed his country's unwavering support for Turkey in its quest for justice in a world full of uncertainty. During an address to the Turkish Parliament in Ankara, he stated, "We want to stand side by side …

Second Round of US, Russia Discussions Finishes in Istanbul
(MENAFN) The second round of discussions between Russia and the United States wrapped up on Thursday afternoon in Istanbul after lasting over five hours, as reported by Russian media. The American delegation was the first to depart the Russian consul …

Billionaires criticize Trump tariffs
(MENAFN) Several prominent American billionaires and financiers have strongly criticized President Donald Trump's recent tariffs, calling them poorly conceived and potentially damaging to the US economy. On April 2, Trump imposed a minimum 10% tariff on …

Trump Confirms Opposition to US Steel Sale to Nippon Steel
(MENAFN) United States Leader Donald Trump has reiterated his stance against the sale of US Steel to Japan’s Nippon Steel, as reported by Japanese media on Thursday. In a statement to reporters in Washington on Wednesday, Trump referred to US Steel as a " …

EU Freezes Retaliatory Measures for 90 Days
(MENAFN) On Thursday, the European Union decided to delay its planned countermeasures for 90 days, which were set to take effect next week in response to US tariffs. This decision followed an announcement from United States Leader Donald Trump, who …

Kremlin confirms diplomatic focus in US-Russia talks, Ukraine off agenda
(MENAFN) On Thursday, Kremlin spokesman Dmitry Peskov confirmed that the ongoing discussions between Russia and the United States in Istanbul are exclusively aimed at normalizing diplomatic relations, with no conversations regarding the Ukraine conflict …

Trump’s tariffs provoke crypto market sell-off
(MENAFN) The price of Bitcoin has fallen below $75,000 for the first time in five months, as market uncertainty following US President Donald Trump’s new global tariffs triggered a sell-off in the crypto market. Most of the top 100 altcoins also saw their …

Iraq sets date for next parliamentary elections in November 2025
(MENAFN) The Iraqi cabinet has announced that the next parliamentary elections will take place on November 11, 2025, as confirmed by Prime Minister Mohammed Shia' Al-Sudani's office on Wednesday. This decision, reached through a cabinet vote, will allow …