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Press releases published on May 22, 2025
Ukrainian Gets Accused in UK Premier Arson Attacks
MENAFN
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May 22, 2025
(MENAFN) A Ukrainian citizen has been formally accused in relation to a string of arson incidents in London that allegedly targeted a “high-profile public figure,” as revealed by the Metropolitan Police on Wednesday. Earlier news reports suggested that the …
Nvidia CEO Slams U.S. AI Chip Restrictions, Calls Them "Failure
MENAFN
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May 22, 2025
(MENAFN) Jensen Huang, CEO of Nvidia, has harshly criticized the U.S. government's restrictions on artificial intelligence chips to China, calling them a "failure" that has only pushed Chinese companies to develop their own technology. Huang shared these …
Pakistan Expels Indian High Commission Official Amid Diplomatic Tensions
MENAFN
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May 22, 2025
(MENAFN) In a fresh escalation of diplomatic tensions between the two South Asian neighbors, Pakistan on Thursday expelled a staff member of the Indian High Commission based in Islamabad. The individual was declared persona non grata, a formal designation …
Kremlin publishes update on arrangements for possible Ukraine discussions
MENAFN
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May 22, 2025
(MENAFN) The Kremlin has confirmed that preparations are underway for possible direct peace talks between Russia and Ukraine in Istanbul later this week. Kremlin spokesperson Dmitry Peskov said on Tuesday that Moscow is actively getting ready for …
EU Unveils Major Defense Loan Plan, Ukraine Onboard
MENAFN
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May 22, 2025
(MENAFN) European Union nations have reached a consensus to create a €150 billion (approximately $170 billion) Defense Industrial Readiness Loan Instrument (SAFE) aimed at enhancing the bloc’s defense capabilities, with Ukraine officially designated as a …
Putin specifies terms for return of Western companies
MENAFN
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May 22, 2025
(MENAFN) President Vladimir Putin has stated that Western companies that exited Russia following the escalation of the Ukraine conflict may be allowed to return, but only if it aligns with Russia's economic interests. He emphasized that businesses that …
Italian Commerce Chamber Demands Easing Russian Sanctions
MENAFN
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May 22, 2025
(MENAFN) The Italian-Russian Chamber of Commerce has called on the Italian government to initiate discussions aimed at removing existing sanctions, emphasizing that the penalties are adversely affecting the financial interests of both nations. In a recent …
Italian commerce chamber demands termination of Russia sanctions
MENAFN
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May 22, 2025
(MENAFN) The Italian-Russian Chamber of Commerce has called on the Italian government to begin discussions about lifting sanctions on Russia, arguing that the current restrictions are damaging the economic interests of both nations. Vincenzo Trani, the …
Trump Considers Reviving Privatization of Fannie Mae, Freddie Mac
MENAFN
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May 22, 2025
(MENAFN) U.S. Leader Donald Trump revealed on Wednesday that he is earnestly contemplating the possibility of taking Fannie Mae and Freddie Mac—two major players in the mortgage finance sector—public once again. He pointed to their robust fiscal condition …
Japan’s Real Wages Drop, Marking Third Straight Annual Decline
MENAFN
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May 22, 2025
(MENAFN) Japan saw a 0.5 percent drop in average inflation-adjusted monthly wages during fiscal 2024, marking the third straight annual decline, according to government data released Thursday. Although the drop in real wages was less severe than the 2.2 …
Russia shields India
MENAFN
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May 22, 2025
(MENAFN) Indian Prime Minister Narendra Modi has publicly acknowledged the successful use of Russia’s S-400 “Triumf” air defense system during recent military tensions with Pakistan, marking the system’s first confirmed combat deployment by Indian forces. …
Istanbul Joins Top 20 Congress Cities for First Time Since 2015
MENAFN
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May 22, 2025
(MENAFN) Istanbul, Türkiye's largest city bridging Europe and Asia across the Bosphorus Strait, moved up one position in the global congress city rankings last year, marking its return to the top 20 for the first time since 2015, according to data from the …
Fitch Drops Growth Forecast for 10 Developing Countries
MENAFN
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May 22, 2025
(MENAFN) Fitch, a global credit rating agency, has announced a reduction in its expected medium-term growth rate for a group of 10 developing nations, adjusting its forecast from 4 percent to 3.9 percent. The agency updated its five-year potential GDP …
Tottenham Wins Over Manchester United
MENAFN
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May 22, 2025
(MENAFN) Tottenham Hotspur emerged victorious with a 1-0 win over Manchester United in the UEFA Europa League final, held at San Mames Stadium on Wednesday. This triumph secured them the 2024-2025 Europa League title and capped off an unforgettable season, …
International Interest in Abraham Accords Increases
MENAFN
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May 22, 2025
(MENAFN) U.S. Secretary of State Marco Rubio announced on Wednesday that multiple nations are expressing readiness to join the Abraham Accords and formalize diplomatic relations with Israel. Speaking during a Senate Foreign Relations Committee session, …
Russia-Ukraine peace discussions doomed before they start
MENAFN
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May 22, 2025
(MENAFN) Diplomatic attention has quickly shifted from Moscow’s Victory Day celebrations to the possibility of Russia-Ukraine peace talks in Istanbul—potentially the first direct negotiations since spring 2022. Though initially triggered by Russian …
GITEX Europe 2025 Begins in Berlin
MENAFN
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May 22, 2025
(MENAFN) GITEX Europe 2025, a prominent innovation gathering, officially commenced in Berlin, drawing in thousands of enterprises from around the globe. The exhibition opened its gates to technology enthusiasts and professionals on Wednesday in the German …
Bucharest Security Forum Starts on Thursday
MENAFN
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May 22, 2025
(MENAFN) The ninth edition of the Black Sea and Balkans Security Forum commenced on Thursday in Bucharest, drawing close to 200 participants including dignitaries, ambassadors, defense officials, and policy experts. Their goal is to address pressing …
India Denies Pakistan’s Explosion Accusations
MENAFN
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May 22, 2025
(MENAFN) India has firmly dismissed Pakistan's accusations linking it to a recent suicide bombing in Balochistan province, which reportedly claimed the lives of five people, including three minors. The Indian government has labeled the allegations as “ …
Iran Agrees to Resume Indirect Nuclear Talks with U.S. in Rome
MENAFN
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May 22, 2025
(MENAFN) Iran has agreed to take part in a fifth round of indirect nuclear talks with the United States, following a proposal from Oman, according to a statement from Foreign Ministry spokesman Esmaeil Baghaei on Wednesday. The meeting is scheduled for …