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Press releases published on June 24, 2025
Romania's New Leadership Earns Parliamentary Approval
MENAFN
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June 24, 2025
(MENAFN) Romania’s freshly formed coalition administration secured a vote of confidence in parliament on Monday, as reported by a broadcaster. The newly appointed administration, under the leadership of Ilie Bolojan, obtained 301 supportive votes, with …
U.S. Stocks Surge as Oil Prices Fall
MENAFN
·
June 24, 2025
(MENAFN) US equity markets closed higher on Monday, buoyed by a decline in oil prices despite persistent geopolitical unrest in the Middle East. Markets showed resilience as Iran launched a missile strike on Al Udeid Air Base in Qatar, the largest U.S. …
South Korea’s President Demands Peace on Korean Peninsula
MENAFN
·
June 24, 2025
(MENAFN) On Tuesday, just one day before the 75th commemoration of the Korean War, South Korean President Lee Jae-myung underscored the critical importance of establishing lasting peace on the Korean Peninsula. During a cabinet meeting, Lee emphasized that …
Brent Oil Price Drops Below USD70
MENAFN
·
June 24, 2025
(MENAFN) Brent crude oil prices dropped on Monday, slipping under the $70-per-barrel mark for the first time since the initial outbreak of hostilities between Israel and Iran. Following the weekend’s US airstrikes on three Iranian nuclear facilities—which …
Trump Says Israel, Iran Commit to Ceasefire
MENAFN
·
June 24, 2025
(MENAFN) Donald Trump announced on Monday that both Israel and Iran have committed to a temporary halt in hostilities following escalating violence in the Middle East. In a post on Truth Social, Trump stated: "It has been fully agreed by and between Israel …
Israel-Iran Ceasefire Takes Hold After Intense Iranian Missile Strikes
MENAFN
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June 24, 2025
(MENAFN) A ceasefire between Israel and Iran officially took effect at 0400 GMT on Tuesday, following several hours of heightened violence in which Iran unleashed a series of missile assaults targeting Israeli soil. The Israeli military confirmed that Iran …
South Korea’s President Forges Strategic Relations with Indonesia, Malaysia
MENAFN
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June 24, 2025
(MENAFN) On Monday, South Korean President Lee Jae Myung engaged in separate phone conversations with Indonesian President Prabowo Subianto and Malaysian Prime Minister Anwar Ibrahim to explore opportunities for deepening bilateral relations, local media …
South Korea’s Urban-to-Rural Farmers Dip for Third Year
MENAFN
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June 24, 2025
(MENAFN) Statistics Korea reported Tuesday that the number of city dwellers relocating to the countryside to pursue farming continued its decline for the third straight year, with figures dropping sharply into double digits. In 2024, only 8,243 urban …
BDI Downgrades Germany’s 2025 Growth Forecast to -0.3 Percent
MENAFN
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June 24, 2025
(MENAFN) On Monday, the Federation of German Industries (BDI) downgraded its economic growth outlook for Germany in 2025, predicting a contraction of 0.3%, a drop from the previous estimate of a 0.1% decline. This adjustment comes in response to the …
Report Reveals Trump’s Tariffs Could Cripple German Exports to U.S.
MENAFN
·
June 24, 2025
(MENAFN) German think-tank the ifo Institute projects that US President Donald Trump’s tariffs may cause a dramatic drop—exceeding 38%—in German exports destined for the United States. According to their latest analysis, Germany’s manufacturing sector …