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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 …
US, South Korea conduct joint naval drills to boost rescue skills
MENAFN
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April 10, 2025
(MENAFN) The United States and South Korea conducted a joint naval exercise this week aimed at enhancing their ability to conduct salvage and rescue operations at sea, both during wartime and peacetime, according to a news agency. The five-day drill began …
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 …
US House Speaker Delays Vote on Republican Budget Blueprint
MENAFN
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April 10, 2025
(MENAFN) On Wednesday, US House Speaker Mike Johnson postponed a vote on the Republican budget plan intended to advance Leader Donald Trump’s domestic policies. Facing resistance from conservative lawmakers, Johnson informed the press that the vote would …
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 …
Treasury Secretary declares Chinese firms possibly to be taken out from US stock markets
MENAFN
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April 10, 2025
(MENAFN) The US Treasury Secretary, Scott Bessent, has indicated that Washington is considering delisting Chinese companies from US stock exchanges as part of the ongoing trade conflict. This announcement came after China raised tariffs on American goods …
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 says nations are begging for tariff agreements
MENAFN
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April 10, 2025
(MENAFN) President Donald Trump asserted that many foreign nations are eager to negotiate trade deals with the U.S. in the wake of his new tariffs, with leaders reportedly begging for exemptions to avoid the full impact of the levies. Speaking at a …
Ramos welcomes US Club World Cup, emphasizes Mexican fan support
MENAFN
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April 10, 2025
(MENAFN) Veteran Spanish defender Sergio Ramos has expressed enthusiasm for the upcoming FIFA Club World Cup, which will take place this summer in the United States, and offered praise for both the tournament’s new format and the growing football culture …
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 …
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 …
Trump unveils wide-ranging set of new tariffs on foreign goods
MENAFN
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April 10, 2025
(MENAFN) US President Donald Trump has unveiled a wide-ranging set of new tariffs on foreign goods, declaring it a major step toward economic sovereignty under his “Liberation Day” initiative. The announcement has fueled concerns about an escalating global …
Industry chief says Russian home appliance market facing challenges
MENAFN
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April 10, 2025
(MENAFN) Russia's home appliance and electronics sector is experiencing its steepest downturn in decades as consumers prioritize saving over spending, according to Dmitry Alekseev, head of the major retail chain DNS. In a Telegram post on Thursday, …
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 …
Bernie Sanders calls Trump tariffs 'counterproductive,' warns of Musk’s job cuts
MENAFN
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April 10, 2025
(MENAFN) U.S. Senator Bernie Sanders strongly criticized former President Donald Trump’s sweeping tariff policies, calling them "absolutely counterproductive." Speaking at a CNN town hall hosted by Anderson Cooper, Sanders argued that tariffs can be …
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 …
South Sudan opposition party names interim chair as Machar remains detained
MENAFN
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April 10, 2025
(MENAFN) South Sudan's primary opposition party, the Sudan People’s Liberation Movement-in-Opposition (SPLM-IO), announced on Wednesday the appointment of an interim chair. This decision comes as the party's First Vice President, Riek Machar, remains under …
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 …