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Press releases published on April 10, 2025

Trump Considers Temporary Tariff Pause

Trump Considers Temporary Tariff Pause

(MENAFN) United States Leader Donald Trump revealed on Wednesday that he had been contemplating a temporary 90-day suspension of increased reciprocal tariffs with international trade allies “over the last few days.” The president mentioned that discussions …

Ex-Meta director says firm undermined US security over China deal

Ex-Meta director says firm undermined US security over China deal

(MENAFN) A former executive from Meta informed US senators on Wednesday that the tech giant compromised national security while chasing an $18 billion business opportunity in China. During a congressional hearing, Sarah Wynn-Williams, who once held the …

Trump's net worth declines by USD500 million after implementation of wide range of tariffs

Trump's net worth declines by USD500 million after implementation of wide range of tariffs

(MENAFN) US President Donald Trump's net worth has reportedly declined by $500 million in just under a week following his implementation of a wide range of tariffs, including a 34% tax on Chinese imports. According to Forbes, this drop came as global …

Trump`s son demands answers from Ukraine on supposed murder scheme

Trump`s son demands answers from Ukraine on supposed murder scheme

(MENAFN) Donald Trump Jr. has called out Ukrainian authorities for failing to inform U.S. officials about a man who reportedly attempted to acquire military weapons from Ukrainian contacts to assassinate his father during the 2024 presidential campaign. In …

JPMorgan rings world-wide recession alarm

JPMorgan rings world-wide recession alarm

(MENAFN) JPMorgan has raised the likelihood of a global recession to 60%, up from 40%, following the announcement of sweeping new tariffs by US President Donald Trump. This move has shaken financial markets and raised fears of a global trade war. JPMorgan' …

Goldman Sachs claims US encountering escalating recession risk

Goldman Sachs claims US encountering escalating recession risk

(MENAFN) Goldman Sachs has raised concerns about an increasing risk of recession in the US, warning that President Donald Trump’s aggressive tariff strategy could dampen economic growth, drive inflation higher, and push up unemployment. In an updated …

US, South Korea conduct joint naval drills to boost rescue skills

US, South Korea conduct joint naval drills to boost rescue skills

(MENAFN) The United States and South Korea conducted a joint naval exercise this week aimed at enhancing their ability to conduct salvage and rescue operations at sea, both during wartime and peacetime, according to a news agency. The five-day drill began …

Forbes states Russia mints 15 new billionaires

Forbes states Russia mints 15 new billionaires

(MENAFN) Russia has gained 15 new billionaires over the past year, according to the 2025 Forbes World’s Billionaires List, bringing the country's total to a record 146 — despite ongoing Western sanctions intended to destabilize its economy. The new Russian …

Trump burdens China with 104 percent tariffs

Trump burdens China with 104 percent tariffs

(MENAFN) The United States has raised tariffs on all Chinese imports to an eye-popping 104%, further intensifying the ongoing trade conflict and causing a $1.5 trillion loss in U.S. stock markets on Tuesday. Originally, China was expected to face a 34% …

WHO announces next pandemic possibly to hit ‘tomorrow’

WHO announces next pandemic possibly to hit ‘tomorrow’

(MENAFN) The World Health Organization (WHO) has warned that another deadly pandemic could emerge as soon as "tomorrow," urging nations to prepare for future outbreaks. WHO Director-General Tedros Adhanom Ghebreyesus emphasized the need for governments to …

Washington reveals date, agenda of upcoming Russia-US discussions

Washington reveals date, agenda of upcoming Russia-US discussions

(MENAFN) The U.S. State Department has officially confirmed that the next round of discussions with Russia will take place in Istanbul, Türkiye, on Thursday, April 10. The goal of the talks is to improve the functioning of diplomatic missions between the …

Media reports Germany freezing great refugee program

Media reports Germany freezing great refugee program

(MENAFN) Germany has temporarily suspended its participation in a UN refugee resettlement program, according to the DPA news agency, citing the Interior Ministry. The program, managed by the UN High Commissioner for Refugees (UNHCR), resettles asylum …

US issues firm ultimatum to China over its influence in Panama Canal

US issues firm ultimatum to China over its influence in Panama Canal

(MENAFN) The United States has issued a firm ultimatum to China over its influence in the Panama Canal, with plans to take back control and reduce Chinese involvement in the key waterway. Defense Secretary Pete Hegseth emphasized the U.S. commitment to the …

US House Speaker Delays Vote on Republican Budget Blueprint

US House Speaker Delays Vote on Republican Budget Blueprint

(MENAFN) On Wednesday, US House Speaker Mike Johnson postponed a vote on the Republican budget plan intended to advance Leader Donald Trump’s domestic policies. Facing resistance from conservative lawmakers, Johnson informed the press that the vote would …

Musk announces selling X

Musk announces selling X

(MENAFN) Elon Musk has announced that his AI startup, xAI, has acquired the social media platform X, which he also owns. The acquisition, confirmed in a Friday post on X, is an all-stock transaction. Musk stated that xAI, founded just two years ago, has …

Italian Premier Meets Queen of Jordan in Rome

Italian Premier Meets Queen of Jordan in Rome

(MENAFN) Italian Premier Giorgia Meloni welcomed Queen Rania of Jordan to Rome on Wednesday, where their discussions focused on enhancing mutual relations and collaborating on humanitarian initiatives in Gaza. A release from the Italian Premier’s Office …

UN report calls for fundamental change in tackling environmental crises

UN report calls for fundamental change in tackling environmental crises

(MENAFN) A new report from the United Nations University, released on Wednesday, highlights the urgent need for humanity to go beyond simply managing the symptoms of environmental crises and to address their fundamental causes. The 2025 Interconnected …

Tragic accident claims lives in Indonesia's East Java

Tragic accident claims lives in Indonesia's East Java

(MENAFN) A devastating accident on Thursday resulted in the deaths of seven individuals and left two others seriously injured when a minivan collided head-on with a passenger bus in Gresik Regency, East Java, Indonesia, according to local officials. The …

Treasury Secretary declares Chinese firms possibly to be taken out from US stock markets

Treasury Secretary declares Chinese firms possibly to be taken out from US stock markets

(MENAFN) The US Treasury Secretary, Scott Bessent, has indicated that Washington is considering delisting Chinese companies from US stock exchanges as part of the ongoing trade conflict. This announcement came after China raised tariffs on American goods …

Oil rate dips to four-year low

Oil rate dips to four-year low

(MENAFN) Oil prices dropped over 3% on Monday, extending last week's losses, as rising US-China trade tensions fueled concerns about a potential recession, which could reduce demand for crude oil. Brent crude futures for June 2025 delivery fell below $64 …

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