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Press releases published on July 16, 2025
Greece prepares for severe heatwave, wildfire risk
(MENAFN) Greece is gearing up for an intense heatwave forecast to push temperatures to as high as 43°C (109°F), raising concerns over public health and wildfire risk, according to local reports on Wednesday. The extreme heat is anticipated to peak between …
Russia, Nigeria Reaffirm OPEC+ Partnership
(MENAFN) The collaboration between Russia and Nigeria under the OPEC+ alliance plays a crucial part in supporting the steadiness of the international oil market, according to Russian Deputy Prime Minister Alexander Novak. His comments followed a discussion …
Mixed global market reaction as US inflation surges
(MENAFN) Global financial markets displayed a mixed performance on Tuesday following a rise in U.S. inflation, largely attributed to newly imposed tariffs. At the same time, uncertainty lingered regarding the Federal Reserve's upcoming monetary policy …
Italy Declines Joining US Arms Plan to Ukraine
(MENAFN) Italy’s financial plan does not permit the country to take part in US President Donald Trump’s initiative to provide American weaponry to Ukraine, according to an Italian newspaper, which cited unnamed insiders. On Monday, Trump gave the green …
German Chancellor Says EU Ready to Retaliate if U.S. Tariffs Proceed
(MENAFN) German Chancellor Friedrich Merz on Tuesday cautioned the United States not to underestimate the European Union's resolve to respond firmly if Washington proceeds with steep tariffs. Speaking at a joint press conference alongside Bavarian Minister …
Iran detains foreign oil tanker suspected of fuel smuggling
(MENAFN) Iran has seized a foreign oil tanker suspected of smuggling over 2 million liters (approximately 528,000 gallons) of fuel, according to state media reports on Wednesday. The vessel was stopped in the Sea of Oman due to “deficiencies in the legal …
Ethiopian Airlines Kick Off Daily Flights to Abu Dhabi
(MENAFN) Ethiopian Airlines, Africa’s top airline, has introduced a daily passenger service to Abu Dhabi, the capital of the United Arab Emirates (UAE). This new route is expected to elevate bilateral relations and play a pivotal role in enhancing trade, …
Russia Dismisses Trump’s Ultimatum Over Ukraine Ceasefire
(MENAFN) The Kremlin on Tuesday dismissed U.S. President Donald Trump's 50-day ultimatum to reach a ceasefire in Ukraine, rejecting his warning of “severe tariffs” as completely unacceptable. Russian Deputy Foreign Minister Sergey Ryabkov reaffirmed Moscow …
U.S. Senator Issues Military Warning to Russia
(MENAFN) U.S. Senator Lindsey Graham recently referenced the bombing of Iran as a subtle military warning aimed at Russia and its trade allies, urging them to take seriously the ultimatum President Donald Trump delivered earlier this week. The senator’s …
Turkish Ports See Remarkable Increase in Cruise Traffic
(MENAFN) Turkish ports experienced a notable surge in cruise traffic during the first half of the year, receiving approximately 490 cruise ships—an 18.07% increase compared to the same period in 2024—driven by intensifying global interest in the country’s …
Trump starts investigation into Brazil’s trading practices
(MENAFN) The Trump administration says it has launched an investigation into Brazil's "unfair" trading practices. It will include the Brazilian government's policies "related to digital trade and electronic payment services; unfair, preferential tariffs; …
Merz says US should fear EU ability to respond with tariffs
(MENAFN) German Chancellor Friedrich Merz said on Tuesday that the U.S. government should not underestimate the European Union's (EU) willingness to take similar measures in response to excessive tariffs. Merz made the remarks at a joint press conference …
Remains of Mi-8 helicopter is found in Khabarovsk Territory
(MENAFN) The wreckage of a Mi-8 helicopter that went missing in Russia's Far East has been discovered near Cape Gadikan in Khabarovsk Territory, emergency authorities announced on Wednesday. "Wreckage was found near Cape Gadikan ... rescuers are heading to …
Czech Republic’s PM states not to join arming Ukraine
(MENAFN) The Czech Republic will not participate in a new initiative proposed this week by US President Donald Trump to supply American weapons to Ukraine, Prime Minister Petr Fiala said on Tuesday. Trump unveiled the plan during a meeting with NATO …
Bank Indonesia Reduces Benchmark Interest Rate to 5.25 Percent
(MENAFN) Bank Indonesia has reduced its benchmark interest rate by 25 basis points to 5.25 percent following a two-day Board of Governors Meeting that concluded Wednesday. Alongside the rate cut, the central bank adjusted its deposit facility rate to 4.50 …
Meta Board Faces Lawsuit Over USD5B Privacy Breach
(MENAFN) Top Meta executives, including CEO Mark Zuckerberg and former COO Sheryl Sandberg, are set to testify this week in a corporate law court as part of a lawsuit alleging that boardroom failures led to multibillion-dollar penalties tied to the …
UNAIDS: Funding Gap Threatens 6M HIV Cases, 4M Deaths
(MENAFN) As global funding shortfalls worsen, up to six million people may contract HIV and four million could die from AIDS-related causes between 2025 and 2029, the UNAIDS warned on Thursday. In its newly released 2025 Global AIDS Update, the agency …
Trump responds to backlash on Epstein’s files
(MENAFN) US President Donald Trump has said Attorney General Pam Bondi should release "whatever she thinks is credible" on late sex offender Jeffrey Epstein, as he faces a rare backlash from supporters after seeking to draw a line under the case. Bondi has …
U.S. Homeland Security Agent Reveals Student’s Visa Revocation Details
(MENAFN) A U.S. Homeland Security officer testified in court on Tuesday that he was explicitly told not to inform a Turkish Ph.D. candidate, who had been taken into custody by immigration officers in March, that her visa had been canceled. “It was the …