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Press releases published on April 24, 2025

Russia, India plan on cooperating on six fresh strategic projects
(MENAFN) India and Russia have agreed to collaborate on six new strategic projects aimed at strengthening their bilateral investment ties, according to a statement from India’s Ministry of Commerce and Industry. While the specific sectors for these …

Davos creator gets investigated due to alleged misconduct
(MENAFN) The World Economic Forum (WEF) has launched an internal investigation into allegations of misconduct involving its founder and former chairman, Klaus Schwab, according to a report by The Wall Street Journal on Tuesday. The probe follows a …

Yale Cuts Ties with Yalies4Palestine Over Protest Encampment
(MENAFN) Yale University has stripped the pro-Palestinian group Yalies4Palestine of its official status following an overnight protest encampment, which occurred just before a visit by far-right Israeli National Security Minister Itamar Ben-Gvir. The …

South Korea’s Ex-President Moon Faces Bribery Charges
(MENAFN) Former South Korean President Moon Jae-in has officially been charged with bribery, according to a report released on Thursday. The Jeonju District Prosecutor’s Office confirmed that Moon is under investigation for violations of the Act on …

UN organization pauses life-saving treatments in African nation
(MENAFN) The World Food Program (WFP) has been forced to suspend life-saving nutrition treatments for 650,000 women and children in Ethiopia due to a severe lack of funding, the agency announced on Tuesday. WFP Ethiopia Country Director Zlatan Milisic said …

US Treasury Demands IMF, World Bank to Recommit to Original Mandates
(MENAFN) During a speech at the Institute of International Finance's Global Outlook Forum in Washington, D.C., US Treasury Secretary Scott Bessent encouraged both the International Monetary Fund (IMF) and the World Bank to redirect their attention toward …

Trump task force pledges to ‘end anti-Christian bias’
(MENAFN) The White House has established a task force to address alleged anti-Christian bias within federal agencies, instructing government employees to report instances of discrimination against Christians. The task force, named the Task Force to …

Illinois Enacts Measures Against El Salvador
(MENAFN) Illinois Governor JB Pritzker revealed on Wednesday a collection of actions his state is implementing against El Salvador. These steps are a reaction to the Trump administration's involvement in bypassing legal rulings and neglecting fundamental …

S-Korean vehicle leading company registers many fresh patents in Russia
(MENAFN) South Korean automotive giant Hyundai has filed at least eight new trademark applications with Russia’s federal intellectual property agency, Rospatent, this month, according to a report by TASS. Hyundai halted its Russian operations in March 2022 …

S-African MP suggests ‘Apartheid tax’ to protect poor from VAT increase
(MENAFN) South African MP and Economic Freedom Fighters (EFF) Treasurer-General Omphile Maotwe has called on the government to implement an “apartheid tax” targeting inherited wealth from the apartheid era, instead of going ahead with the planned increase …

China Accuses U.S. of Exploiting COVID Origins Probe for Political Gains
(MENAFN) Chinese health officials on Wednesday once again criticized the United States for "politicizing" the investigation into the origins of COVID-19, accusing it of using the issue to tarnish Beijing's reputation, according to state media reports. A …

Eurozone Witnesses Growth in Trade Surplus
(MENAFN) In February, the eurozone experienced a notable increase in its foreign trade surplus, reaching EURO24 billion EURO27.4 billion), compared to EURO21.7 billion during the same month in 2024. This rise reflects stronger trading performance across …

India consents largest-ever defense agreement
(MENAFN) India has approved its largest-ever defense procurement, signing off on a deal worth over 620 billion rupees (approximately $7.3 billion) for the acquisition of 156 Light Combat Helicopters (LCH), along with training and associated support systems …

French veterans request details on Ukraine involvement
(MENAFN) A group of prominent French veterans has called for greater transparency regarding France’s military involvement in Ukraine, urging lawmakers to hold a formal debate on the supply of weapons and the potential presence of French troops supporting …

Toyota Launches New EV Plant in Shanghai
(MENAFN) Japanese automotive giant Toyota Motor Corporation has reached a $2 billion deal to build a fully-owned electric vehicle (EV) plant in Shanghai, according to state media reports. The agreement, signed on Tuesday, is part of Toyota’s strategy to …

Wildfire in New Jersey Triggers Emergency
(MENAFN) A rapidly spreading blaze has scorched over 8,500 acres (approximately 3,440 hectares) across the southern region of New Jersey since erupting on Tuesday, leading to widespread evacuations and the declaration of a state of emergency. According to …

Russian Drone Attack Destroys Ukrainian Bus
(MENAFN) On Wednesday, Ukrainian authorities reported that a Russian unmanned aerial vehicle assault targeted a vehicle transporting laborers, leading to the deaths of nine individuals and injuring 42 others. According to Serhiy Lysak, the head official of …

South Korea's Former President Gets Indicted on Bribery Charges
(MENAFN) Former Leader of South Korea, Moon Jae-in, has been formally charged with bribery, as reported by a news agency on Thursday. According to the Jeonju District Prosecutor's Office, Moon faces accusations of violating the Act on Aggravated Punishment …

NOAA Data Reductions Fuel Global Concerns Over Climate, Weather Research
(MENAFN) Scientists in New Zealand are raising alarms about the U.S. National Oceanic and Atmospheric Administration's (NOAA) decision to decommission several public scientific databases, fearing the global consequences for weather and climate research. …

ADB Commits Billions to Tackle Asia-Pacific Development Challenges
(MENAFN) On Thursday, the Asian Development Bank (ADB) announced that it had committed $24.3 billion from its own funds in 2024, alongside $14.9 billion in co-financing secured through collaboration with various partners, to tackle a broad spectrum of …