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Press releases published on August 27, 2025
Trump Hits India with 50 Percent Tariffs on Imports
MENAFN
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August 27, 2025
(MENAFN) The United States imposed a steep 50% tariff on Indian imports starting Wednesday, escalating trade tensions between the two nations. This move follows Prime Minister Narendra Modi’s call for greater domestic consumption to drive “self-reliance.” …
FARDC-Militia Clashes Prompt Emergency Meeting in DR Congo’s Uvira
MENAFN
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August 27, 2025
(MENAFN) An emergency session is scheduled for Wednesday in Uvira, South Kivu Province, eastern Democratic Republic of the Congo (DRC), following recent fatal confrontations between the national army and local militias, the provincial government announced …
Auto Leaders Say EU CO2 Car Goals Not Attainable Anymore
MENAFN
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August 27, 2025
(MENAFN) European car manufacturers and suppliers sounded the alarm Wednesday, declaring the EU’s CO2 emission goals for vehicles "no longer feasible" under current conditions. In a letter addressed to European Commission President Ursula von der Leyen, …
SpaceX’s Starship rocket finishes its tenth test flight Tuesday
MENAFN
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August 27, 2025
(MENAFN) SpaceX’s Starship, designed as a fully reusable vehicle to transport crew and cargo to Earth orbit, the Moon, Mars, and beyond, successfully completed its 10th test flight Tuesday, with both its booster and upper stage performing controlled …
Lebanon ink loan deal with World Bank to reconstruct infrastructure
MENAFN
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August 27, 2025
(MENAFN) Lebanon’s finance minister on Tuesday signed a loan agreement worth 250 million U.S. dollars with the World Bank to help rebuild infrastructure damaged during recent Israeli strikes, according to an official statement. The funding will create a …
Iran rejects allegations of being responsible of two anti-Jewish attacks
MENAFN
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August 27, 2025
(MENAFN) Iran’s Foreign Ministry rejected on Tuesday Australia’s allegations that Tehran was involved in two anti-Jewish attacks in the country, according to reports. At a weekly press briefing in Tehran, spokesman Esmaeil Baghaei dismissed claims by …
Trump Blasts Chicago Officials After Surge of Violence
MENAFN
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August 27, 2025
(MENAFN) US President Donald Trump sharply criticized Illinois Governor JB Pritzker and Chicago Mayor Brandon Johnson following a deadly surge of violence in Chicago over the weekend. On the social media platform Truth Social, Trump highlighted reports of …
Pakistani government send its military to help people evacuate from floods
MENAFN
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August 27, 2025
(MENAFN) Pakistan has mobilized its army in northeastern Punjab province to support rescue and relief operations amid a flood emergency caused by heavy rains and India releasing water from overflowing dams. New Delhi has alerted Islamabad about the “high …
Kremlin Confirms Russia-Ukraine Talks Remain in Progress
MENAFN
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August 27, 2025
(MENAFN) Negotiations between Russian and Ukrainian delegations remain active, but no timetable has been established for the next session, Kremlin spokesperson Dmitry Peskov stated Wednesday. Russia continues to back a political and diplomatic resolution …
Trump Issues Orders Targeting Cashless Bail Policies
MENAFN
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August 27, 2025
(MENAFN) On Monday, U.S. President Donald Trump took decisive action against cashless bail policies nationwide, branding them a key factor fueling rising crime rates. During a signing event, Trump underscored the issue's urgency. "To me, there's a very, …
Lebanese court bails ex-Lebanese central bank governor
MENAFN
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August 27, 2025
(MENAFN) A Beirut court on Tuesday approved the release of former central bank governor Riad Salameh after he posted what is being described as a record bail of 20 million U.S. dollars and 5 billion Lebanese pounds, worth roughly 55,600 dollars, according …
Turkey takes initiative to build novel shelters to safeguard civilians
MENAFN
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August 27, 2025
(MENAFN) The Turkish government has announced a nationwide initiative to construct modern shelters in every province to safeguard civilians in case of war or natural disasters, according to reports. Construction has already begun in several cities, …
OECD Economic Growth Rebounds in Q2 2025
MENAFN
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August 27, 2025
(MENAFN) Economic output, as measured by gross domestic product (GDP), expanded by 0.4% across the OECD region during the second quarter of 2025. This marks a noticeable improvement from the 0.2% growth seen in the first quarter, largely driven by the …
Norway’s Sovereign Wealth Fund Drops Israeli Banks, Caterpillar
MENAFN
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August 27, 2025
(MENAFN) In a recent move, the world’s most prominent sovereign wealth fund, Norges Bank Investment Management, revealed on Monday that it has eliminated five Israeli financial institutions and the American construction equipment manufacturer, Caterpillar, …
Germany refuses entry of over than ten thousand immigrants on boarder
MENAFN
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August 27, 2025
(MENAFN) Germany has turned away more than 10,000 irregular migrants at its borders since the conservative-led coalition took office in May, according to reports citing the country’s interior minister. Alexander Dobrindt, a close ally of Chancellor …
US to pull out its forces from Iraq
MENAFN
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August 27, 2025
(MENAFN) Reports indicate that American forces have begun hastening their withdrawal from Iraq, pulling out troops from Ayn al-Asad and Victoria bases. Some units are being relocated to Erbil, the administrative center of the Kurdistan region, while others …
Israel claims possibility of withdrawing from Lebanon if Hezbollah disarm
MENAFN
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August 27, 2025
(MENAFN) Israel announced that it may withdraw troops from southern Lebanon if Hezbollah’s weapons are dismantled, according to statements from the Prime Minister’s Office on Monday. The office welcomed a recent pledge by the Lebanese government to place …
Concerns over climate: Migratory birds make early appearance in Lebanon
MENAFN
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August 27, 2025
(MENAFN) At sunrise in southern Lebanon, locals looked to the skies in amazement as vast flocks of geese and pelicans glided overhead in perfect formation. The sight was breathtaking, but also puzzling—why were these migratory birds appearing weeks earlier …
Russia Launches Drone Attacks on Ukraine Energy Infrastructure
MENAFN
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August 27, 2025
(MENAFN) Russia carried out a series of drone attacks overnight Wednesday targeting Ukraine’s critical energy and gas transit infrastructure across six regions, the Ukrainian Energy Ministry confirmed in an official statement. The offensive struck multiple …
Federal Reserve Governor Files Lawsuit to Block Trump’s Removal Attempt
MENAFN
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August 27, 2025
(MENAFN) U.S. Federal Reserve Governor Lisa Cook plans to file a lawsuit to block President Donald Trump’s effort to remove her, her attorney announced Tuesday, arguing the president lacks the authority to dismiss her. “His attempt to fire her, based …