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Press releases published on May 15, 2025
UN: Deadly Torrential Rains Batter Somalia, Claiming 9 Lives
MENAFN
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May 15, 2025
(MENAFN) Fresh torrential rains have struck Somalia, this time hitting the Banadir region northeast of Mogadishu, resulting in the tragic deaths of nine individuals and causing destructive flooding that has impacted 24,000 people, according to the UN …
South Korea Relaunches Panmunjom Tours
MENAFN
·
May 15, 2025
(MENAFN) South Korea is set to reopen tours to Panmunjom, the truce village located within the Demilitarized Zone (DMZ), later this week, according to local reports on Thursday. Citing a South Korean news agency, the Unification Ministry will relaunch the …
US, Qatar ink groundbreaking agreements valued at USD1.2 trillion
MENAFN
·
May 15, 2025
(MENAFN) The White House reported on Wednesday that "landmark" agreements, inked by Qatar throughout US Leader Donald Trump's trip to the country marks a "historic" economic guarantee valued at a minimum of USD1.2 trillion. A White House announcement …
Officials declare Ukrainian saboteurs almost blew themselves up
MENAFN
·
May 15, 2025
(MENAFN) Two Ukrainian suspects were injured in an explosion earlier this month while trying to assemble an improvised explosive device (IED) in central Russia, according to Russia’s Investigative Committee. The pair, a Ukrainian national and a Belarusian …
Ex-Russian President suggests ‘real de-Nazification’ would include all Europe
MENAFN
·
May 15, 2025
(MENAFN) Dmitry Medvedev, Russia’s former president and current deputy chair of the Security Council, has argued that the rise of Nazism must be eradicated from all nations, including Ukraine, and proposed that Europe may require an international de- …
Hyundai Initiates First Middle East Plant in KSA
MENAFN
·
May 15, 2025
(MENAFN) South Korean car manufacturer Hyundai announced on Thursday that it has commenced construction on a new production facility in Saudi Arabia, marking its inaugural manufacturing hub in the Middle East. According to a report by a news agency, a …
Kuwait Aims to Reinforce Ties with Hong Kong
MENAFN
·
May 15, 2025
(MENAFN) Kuwait aims to reinforce its partnership with China's Hong Kong Special Administrative Region (HKSAR) across multiple sectors to enhance bilateral economic and trade ties, according to a Kuwaiti minister on Wednesday. Khalifa Abdullah Dhahi Al- …
Trump Hopes of ‘good news’ from Istanbul Talks
MENAFN
·
May 15, 2025
(MENAFN) U.S. Leader Donald Trump has expressed hope for favorable progress from the anticipated discussions between Russia and Ukraine scheduled to take place in Istanbul on Thursday. This will mark the first face-to-face negotiations between the two …
British Economy Surpasses Forecasts
MENAFN
·
May 15, 2025
(MENAFN) In the first quarter of 2025, the British economy expanded by 0.7 percent compared to the previous quarter, surpassing the market's expectations of a 0.6 percent increase. Year-on-year, the economy grew by 1.3 percent, also exceeding the …
NATO Chiefs Confirm Support for Ukraine
MENAFN
·
May 15, 2025
(MENAFN) During the 193rd Military Committee in Chiefs of Defense Session held in Brussels on Wednesday, NATO’s senior military leaders reiterated their steadfast backing of Ukraine and reaffirmed their dedication to enhancing the alliance’s deterrence and …
Spain, Turkey Sign Deal for HURJET Jet Trainer
MENAFN
·
May 15, 2025
(MENAFN) Spain and Turkey formalized a strategic defense agreement on Wednesday, involving the acquisition of the HURJET, Turkey's pioneering domestically-designed jet trainer and light attack aircraft, engineered by Turkish Aerospace Industries Inc. (TAI …
Genocide continues on Gaza amounting to 52,928 deaths
MENAFN
·
May 15, 2025
(MENAFN) The Health Ministry reported on Wednesday that the number of Palestinians which has been murdered since October 2023, in the ethnic cleansing that is happening in Gaza surpassed 52,928 civilians. The number of injuries increased to 119,846 in an …
Kremlin Confirms Putin Will Not Participate in Peace Talks
MENAFN
·
May 15, 2025
(MENAFN) Kremlin spokesman Dmitry Peskov has ruled out the possibility of Russian President Vladimir Putin attending this week’s peace talks between Moscow and Kiev in Istanbul. Peskov dismissed any suggestion of a presidential visit, shortly after U.S. …
Eurozone GDP Growth Falls Below Analysts' Expectations
MENAFN
·
May 15, 2025
(MENAFN) The eurozone and EU economies each recorded a 0.3% increase in GDP for the first quarter of the year, according to data released by Eurostat on Thursday—slightly below analysts' expectations. Economists had predicted a 0.4% rise in the eurozone's …
Moscow accuses Zelensky of publicly threatening Victory Day terrorist assault
MENAFN
·
May 15, 2025
(MENAFN) Russian officials have accused Ukrainian President Vladimir Zelensky of openly threatening a terrorist attack on Moscow’s Victory Day parade scheduled for May 9. The allegation was made by Russian Foreign Ministry spokeswoman Maria Zakharova, …
South Korea Defies Fiscal Deficit with Tax Revenue Increase
MENAFN
·
May 15, 2025
(MENAFN) South Korea's tax income increased in the first quarter of the year, driven by gains in corporate and income taxes, according to government figures released on Thursday. The Ministry of Economy and Finance reported that tax collections reached 93. …
UK Trade Deficit Narrows in March
MENAFN
·
May 15, 2025
(MENAFN) In March, the United Kingdom experienced a trade shortfall of EURO18.9 billion (USD25.1 billion), reflecting a slight decrease of EURO0.6 billion from February, according to figures released by the Office for National Statistics on Thursday. This …
UK Industrial Production Declines by 0.7 Percent in March
MENAFN
·
May 15, 2025
(MENAFN) UK industrial production declined by 0.7% in March compared to the previous month, surpassing analysts' expectations for a 0.6% drop, according to official figures released Thursday. This downturn followed a revised increase of 1.7% in February, …
“Quantity has a quality all its own” suggests continuous incremental changes can eventually cause fundamental shift
MENAFN
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May 15, 2025
(MENAFN) The phrase “quantity has a quality all its own,” often linked to Joseph Stalin but rooted in ancient dialectics, suggests that continuous incremental changes can eventually cause a fundamental shift—like individual grains of sand eventually …
Kartoon Studios Q1 2025 Revenue Soars 56% Over Prior Year - Company on Track for Profit By End of Year
GlobeNewswire
·
May 15, 2025
Mainframe Animation Unit Achieves Profitability, with Revenue up 138% Over Prior Year Quarter and 29% Sequentially Joining Kartoon Channel! and Beacon Media Profitable Units Four Straight Quarters of Growth, Zero Long-Term Debt, Profitable Animation Studio …