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The German Business Report: Press Releases

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Press releases published on May 13, 2025

Turkey’s Current Account Deficit Narrows in March 2025

Turkey’s Current Account Deficit Narrows in March 2025

(MENAFN) In March 2025, Turkey’s current account revealed a shortfall of USD4.08 billion, as announced by the Central Bank on Tuesday. This figure marks a slight improvement from the USD4.12 billion gap reported during the same month a year earlier, based …

Trump ponders to visit Turkey to discuss Russia, Ukraine

Trump ponders to visit Turkey to discuss Russia, Ukraine

(MENAFN) United States leader Donald Trump stated on Monday that he was “thinking” of going to Turkey for potential peace discussions between Ukraine and Russia. However, the Kremlin did not say if Vladimir Putin would be there. The conference in Istanbul …

UK Employment Growth Stalls as Job Vacancies Drop, Wages Cool

UK Employment Growth Stalls as Job Vacancies Drop, Wages Cool

(MENAFN) Britain's labor market showed further signs of slowing down in early 2025, with wages growing at a slower pace, unemployment rising, and job openings continuing to fall, according to official data released on Tuesday. The Office for National …

IMF Approves Major Funds for Bangladesh Amid Reform Progress

IMF Approves Major Funds for Bangladesh Amid Reform Progress

(MENAFN) The International Monetary Fund (IMF) has approved the disbursement of the next two installments, totaling $1.3 billion, of its $4.7 billion loan to Bangladesh. The funds are set to be released in June. This move comes after a series of …

Italy’s Mount Etna Erupts Again, Ash Clouds Loom Over Sicily

Italy’s Mount Etna Erupts Again, Ash Clouds Loom Over Sicily

(MENAFN) Mount Etna, a highly active volcano situated in southern Italy, experienced an eruption overnight, discharging significant quantities of ash and lava, according to local news outlets on Tuesday. The outlet reported that the eruption, originating …

UN Cautions About U.S. Deportation Policies

UN Cautions About U.S. Deportation Policies

(MENAFN) The United Nations' top human rights official expressed "deep concern" on Tuesday regarding the mass expulsion of foreign nationals by the United States, particularly those being transferred to third-party nations instead of their countries of …

Measles Claims Infant Life in Mongolian Capital

Measles Claims Infant Life in Mongolian Capital

(MENAFN) Tragically, a four-month-old infant in Ulan Bator, Mongolia, has died from measles, the National Center for Communicable Diseases (NCCD) reported on Tuesday. The National Center for Communicable Diseases reported that the infant was hospitalized …

Amnesty International Presses German President to Halt Netanyahu Meeting

Amnesty International Presses German President to Halt Netanyahu Meeting

(MENAFN) Amnesty International has publicly requested that German President Frank-Walter Steinmeier halt his scheduled meeting with Israeli Prime Minister Benjamin Netanyahu. The human rights organization argues that Netanyahu's involvement in war crimes …

Italy’s Mount Etna Intensely Erupts

Italy’s Mount Etna Intensely Erupts

(MENAFN) Mount Etna, situated in southern Italy and known as one of the most continuously erupting volcanoes, erupted during the night, emitting substantial quantities of ash and molten rock, as per local news reports released on Tuesday. The eruption …

China Removes Ban on Boeing Deliveries

China Removes Ban on Boeing Deliveries

(MENAFN) China has rescinded a month-long embargo on the acceptance of Boeing aircraft deliveries, following a breakthrough in trade discussions with the United States, the media reported on Tuesday. The recent progress in negotiations resulted in a …

Zelenskyy Accepts Direct Peace Talks Only with Putin

Zelenskyy Accepts Direct Peace Talks Only with Putin

(MENAFN) Ukrainian leader Volodymyr Zelenskyy is open to engaging in peace discussions in Istanbul this week—but only if the conversation includes a face-to-face meeting with Russian Leader Vladimir Putin. This stipulation was shared by a top Ukrainian …

UN Rights Chief Denounces U.S. Forced Deportations to Third Countries

UN Rights Chief Denounces U.S. Forced Deportations to Third Countries

(MENAFN) The United Nations Human Rights Commissioner expressed "deep concern" on Tuesday about the forced deportation of thousands of non-citizens from the United States, especially those sent to nations other than their own. The commissioner warned that …

Taiwan Encounters Rising COVID-19 Cases

Taiwan Encounters Rising COVID-19 Cases

(MENAFN) COVID-19 infections are once again climbing in Taiwan, with close to 10,000 individuals seeking outpatient or emergency treatment in the past week, as announced by Taiwan’s Centers for Disease Control (CDC) on Tuesday, according to a news agency. …

Study Exposes High Rate of Disordered Eating Among Australian Adolescents

Study Exposes High Rate of Disordered Eating Among Australian Adolescents

(MENAFN) New research from Flinders University indicates that nearly one-third of Australian adolescents, specifically 31.6 percent, exhibit disordered eating behaviors annually. The Adelaide institution highlighted that their study pinpointed the ten most …

Russia Advances Preparations for Peace Talks

Russia Advances Preparations for Peace Talks

(MENAFN) Kremlin representative Dmitry Peskov verified on Tuesday that Russia is moving forward with its plans for diplomatic negotiations with Ukraine, which are expected to occur on Thursday in Istanbul. “The Russian side continues its preparations for …

Saudi, U.S. Investment Forum Opens in Riyadh

Saudi, U.S. Investment Forum Opens in Riyadh

(MENAFN) A high-level investment summit between Saudi Arabia and the United States commenced in Riyadh on Tuesday, coinciding with Leader Donald Trump’s inaugural journey to the Middle East since assuming office in January. The gathering aims to deepen …

Zelensky Demands Talks with Putin, Rejects Meetings with Russian Officials

Zelensky Demands Talks with Putin, Rejects Meetings with Russian Officials

(MENAFN) Ukrainian President Volodymyr Zelensky has made it clear that he will only engage in talks with Russian President Vladimir Putin, excluding any other Russian officials, should negotiations take place in Turkey. This statement, reported by a …

Conflict, Disasters Drive Internal Displacement to Record High

Conflict, Disasters Drive Internal Displacement to Record High

(MENAFN) The number of people displaced within their own countries reached an all-time high of 83.4 million by the end of 2024, according to the Global Report on Internal Displacement 2025 released on Tuesday. The report, issued by the Norwegian Refugee …

Libyan Premier Says Stability is Restored in Tripoli

Libyan Premier Says Stability is Restored in Tripoli

(MENAFN) Libyan Premier Abdul Hamid Dbeibeh announced on Tuesday that peace and order had been reestablished in Tripoli following violent confrontations in the city. The skirmishes began on Monday, primarily affecting the Salah al-Din and Abu Salim …

Sudan breaks all connections with UAE

Sudan breaks all connections with UAE

(MENAFN) Sudan has ended diplomatic connections with the United Arab Emirates (UAE) because of the Gulf nation’s claimed backing for the Rapid Support Forces (RSF), the armed party involved in a prolonged conflict inside the country with Sudan’s military. …

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