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Press releases published on May 28, 2025
EU Agrees to Keep Article Seven Procedure Active Against Hungary
MENAFN
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May 28, 2025
(MENAFN) In a decisive move Tuesday, European affairs ministers agreed to keep the European Union’s Article 7 procedure active against Hungary, citing worsening rule of law violations. “Today’s hearing highlighted that significant concerns persist, and …
Greenland Considers Chinese Investment
MENAFN
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May 28, 2025
(MENAFN) Greenland is contemplating the option of welcoming Chinese investment to advance its mining industry due to strained relations with the United States and limited collaboration with the European Union, according to Naaja Nathanielsen, the island’s …
Japan’s Trade Envoy Heads to U.S. to Discuss Tariff Policies
MENAFN
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May 28, 2025
(MENAFN) Japan’s leading trade negotiator, Ryosei Akazawa, is scheduled to travel to Washington later this week to engage in critical discussions with U.S. officials regarding tariff policies, local outlets revealed on Wednesday. Akazawa, who also oversees …
Trump declares possibility of exiting Ukraine discussions
MENAFN
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May 28, 2025
(MENAFN) US President Donald Trump is reportedly considering pulling out of the Ukraine peace negotiations due to stalled progress, according to The New York Times. Sources cited by the outlet said Trump has shown little interest in escalating pressure on …
Spain Rushes Arms Embargo Bill Targeting Israel
MENAFN
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May 28, 2025
(MENAFN) The Spanish parliament took swift action Tuesday to fast-track legislation imposing an arms embargo on Israel, according to media outlets. A coalition of parties—including Sumar, Podemos, Republican Left of Catalonia (ERC), Basque EH Bildu, and …
South Korea’s Retail Sales See Uptick in April
MENAFN
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May 28, 2025
(MENAFN) South Korea experienced a 7.0 percent rise in retail sales last month, driven primarily by strong online purchases of food, daily essentials, and services, according to government statistics released Wednesday. The Ministry of Trade, Industry and …
Catastrophic Fuel Tanker Crash in Zimbabwe Kills Twelve
MENAFN
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May 28, 2025
(MENAFN) At least 12 individuals lost their lives Tuesday morning in a catastrophic collision involving a fuel tanker, a truck, and a van on a highway close to Kwekwe in Zimbabwe’s Midlands Province, authorities confirmed. According to Zimbabwean Police …
U.S. Senator Warns Putin
MENAFN
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May 28, 2025
(MENAFN) Senator Lindsey Graham, a staunch supporter of U.S. Leader Donald Trump, issued a firm warning to Russian Leader Vladimir Putin on Tuesday, declaring that there is “a new sheriff in town.” This statement came via a post on the social media …
Media reports German representatives unveiling huge alteration to Russia sanctions enforcement
MENAFN
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May 28, 2025
(MENAFN) German officials have raised alarms over a growing rift between the European Union and the United States on enforcing sanctions against Russia, warning that the divergence could undermine the entire sanctions framework. According to Süddeutsche …
NATO Summit Faces Fears Over US, Ukraine Tensions
MENAFN
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May 28, 2025
(MENAFN) NATO’s Secretary General, Mark Rutte, is reportedly concerned that escalating friction between U.S. Leader Donald Trump and Ukrainian President Vladimir Zelensky could jeopardize the upcoming NATO gathering scheduled to take place in the …
Japan Passes Law Forcing Companies into Carbon Emissions Trading
MENAFN
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May 28, 2025
(MENAFN) Japan’s parliament passed a new law on Wednesday requiring hundreds of companies to participate in a carbon emissions trading program beginning in April 2026, a news agency reported. The updated legislation targets firms emitting 100,000 tons or …
Vatican Calls for Ceasefire in Gaza
MENAFN
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May 28, 2025
(MENAFN) In a strong appeal on Tuesday, the Vatican’s Secretary of State, Cardinal Pietro Parolin, demanded a halt to the Israeli airstrikes on Gaza, describing the ongoing crisis in the Palestinian territory as “unacceptable.” Speaking with a news agency, …
Hungarian Authorities Block LGBTQ Parade
MENAFN
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May 28, 2025
(MENAFN) Hungarian officials have refused authorization for an LGBTQ parade scheduled in Budapest, citing for the first time a recently enacted law aimed at shielding children from harmful influences. On Monday, Budapest police rejected the application for …
Germany’s Import Costs See Decline in April
MENAFN
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May 28, 2025
(MENAFN) Destatis, Germany’s federal statistics agency, reported a notable drop in import prices for April 2025, with figures showing a 1.7% decrease compared to the same month last year. Conversely, export prices saw a modest uptick, rising 1% year-over- …
Lithuania Sues Belarus Over Migrant Dispute
MENAFN
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May 28, 2025
(MENAFN) Lithuania is demanding over EURO200 million (approximately USD227 million) in compensation from Belarus in relation to a migrant crisis that Vilnius alleges was purposefully instigated by Minsk, according to a report from local news outlet. The …
China-Backed Highway in Saudi Arabia Unveils Partial Launch
MENAFN
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May 28, 2025
(MENAFN) A significant development has been achieved in Saudi Arabia’s Eastern Province with the partial opening of the Jubail TS-8 Highway, a major infrastructure project built by China Railway 18th Bureau Group (Saudi Arabia). Stretching 16.8 kilometers …
Speeding Crash in Afghanistan Claims Two Lives, Injures Four
MENAFN
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May 28, 2025
(MENAFN) At least two people were killed and four others wounded in a traffic accident in eastern Afghanistan’s Ghazni province, according to a news agency on Wednesday. The incident occurred in Gelan district when a passenger vehicle, reportedly traveling …
Malaysia’s Producer Prices Fall in April
MENAFN
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May 28, 2025
(MENAFN) Malaysia’s Producer Price Index (PPI), which tracks cost shifts at the production level, fell again in April, slipping 3.4 percent according to official figures released Wednesday. The Department of Statistics Malaysia (DOSM) attributed this sharp …
Japan’s Nikkei Retreats After Brief Surge
MENAFN
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May 28, 2025
(MENAFN) Japan’s main stock index ended its four-day winning streak on Wednesday as investors moved to secure gains following a brief rally that pushed the benchmark above the 38,000 mark. The Nikkei 225, Japan’s key stock average consisting of 225 issues, …
US stops more robust G7 sanctions wording on Russia
MENAFN
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May 28, 2025
(MENAFN) U.S. Treasury Secretary Scott Bessent reportedly blocked a proposal to include stronger language on reducing the price cap for Russian oil in the joint statement from last week’s G7 finance ministers meeting, the Financial Times reported, citing …