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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 …
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
·
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
·
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 …
Media reports Germany freezing great refugee program
MENAFN
·
April 10, 2025
(MENAFN) Germany has temporarily suspended its participation in a UN refugee resettlement program, according to the DPA news agency, citing the Interior Ministry. The program, managed by the UN High Commissioner for Refugees (UNHCR), resettles asylum …
US issues firm ultimatum to China over its influence in Panama Canal
MENAFN
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April 10, 2025
(MENAFN) The United States has issued a firm ultimatum to China over its influence in the Panama Canal, with plans to take back control and reduce Chinese involvement in the key waterway. Defense Secretary Pete Hegseth emphasized the U.S. commitment to the …
US House Speaker Delays Vote on Republican Budget Blueprint
MENAFN
·
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 …
Musk announces selling X
MENAFN
·
April 10, 2025
(MENAFN) Elon Musk has announced that his AI startup, xAI, has acquired the social media platform X, which he also owns. The acquisition, confirmed in a Friday post on X, is an all-stock transaction. Musk stated that xAI, founded just two years ago, has …
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 …
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
·
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 …
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 …
China places additional 84 percent tariff on US products
MENAFN
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April 10, 2025
(MENAFN) China has announced an additional 50% tariff on American goods, bringing the total tariff on US imports to 84%. This move follows US President Donald Trump's decision to raise tariffs on all Chinese imports to 104% earlier this week. The new …
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 …
Trump announces 90-day suspension of reciprocal tariffs for 75 countries
MENAFN
·
April 10, 2025
(MENAFN) On Wednesday, US President Donald Trump announced a 90-day suspension of reciprocal tariffs for 75 countries, reducing them to 10%. At the same time, he intensified the trade war with China, raising tariffs on Chinese goods to 125%, up from the …