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Press releases published on May 13, 2025
Honda Expects Sharp Drop in Annual Operating Profit
MENAFN
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May 13, 2025
(MENAFN) Japanese car manufacturer Honda Motor announced on Tuesday that it anticipates a substantial 58.8 percent decrease in operating income for the ongoing fiscal year. The decline is largely attributed to the financial burden of tariff-related …
Israel says releasing of Israeli hostage won’t stop genocide
MENAFN
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May 13, 2025
(MENAFN) As regional outlets stated on Monday, Israel will continue its ethnic cleansing in Gaza when Edan Alexander gets back to Israel, Edan Alexander who is an Israeli American hostage was freed with the mediation of the US as a third nation. A news …
Honda Projects 58.8 Percent Profit Decline Due to Tariffs
MENAFN
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May 13, 2025
(MENAFN) Honda Motor announced on Tuesday that it expects its operating profit to plummet by 58.8% in the current fiscal year, attributing the decline to costs related to tariffs. The Japanese automaker is now forecasting an operating profit of 500 billion …
Turkish Investors Eye UAE for Growth
MENAFN
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May 13, 2025
(MENAFN) The United Arab Emirates is increasingly becoming a promising destination for Turkish investors, with Dubai emerging as a central hub for regional outreach. This observation was shared by the head of the Turkish Business Council in Dubai and the …
EBRD Reduces 2025 Growth Projection Amid Trade Uncertainty
MENAFN
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May 13, 2025
(MENAFN) The European Bank for Reconstruction and Development (EBRD) on Tuesday revised its 2025 growth projection down by 0.2 percentage points, citing increased trade policy uncertainty as the main factor. The bank now expects regional growth to reach 3% …
Russia Gears Up for Peace Talks with Ukraine in Istanbul
MENAFN
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May 13, 2025
(MENAFN) Kremlin spokesperson Dmitry Peskov confirmed on Tuesday that Russia is moving forward with plans for peace talks with Ukraine, set for Thursday in Istanbul. “The Russian side continues its preparations for the talks, which are set to take place in …
Brussels wants to relegate Hungary on Russia sanctions renewal
MENAFN
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May 13, 2025
(MENAFN) The European Commission is exploring legal workarounds to prevent Hungary from obstructing the extension of sanctions against Russia, according to a report by The Financial Times citing five anonymous sources. Current EU sanctions over the Ukraine …
Tchaikovsky’s gift to world
MENAFN
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May 13, 2025
(MENAFN) As a consequence of ‘The Nutcracker’, this Russian songwriter gave the world a number of its most cherished Christmas tunes. When he got introduced to Western audiences by his showman Sergey Diaghilev, who also brought Russian ballet to the world …
Surge in Internal Displacement Signals Escalating Global Crisis
MENAFN
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May 13, 2025
(MENAFN) At the close of 2024, an unprecedented 83.4 million individuals were living in internal displacement, representing the highest figure ever documented, according to the Global Report on Internal Displacement 2025, published on Tuesday. This figure, …
EBRD Downgrades 2025 Economic Outlook
MENAFN
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May 13, 2025
(MENAFN) The European Bank for Reconstruction and Development (EBRD) has revised its economic outlook for the region downward, cutting its 2025 forecast by 0.2 percentage points. The adjustment brings the anticipated growth rate to 3 percent, citing …
Maduro describes Kiev as ‘world capital of Nazism’
MENAFN
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May 13, 2025
(MENAFN) Venezuelan President Nicolás Maduro has criticized the leaders of France, the UK, and Germany for commemorating Victory Day in Kiev, calling the Ukrainian capital “the world capital of Nazism and fascism.” Maduro made the remarks during his …
S-African defense minister says worldwide peace must be deliberate effort
MENAFN
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May 13, 2025
(MENAFN) South African Defense Minister Angie Motshekga has called for a renewed, intentional global commitment to peace, respect, and historical awareness amid growing geopolitical tensions. Speaking to RT during her visit to Moscow for the 80th …
Media reports ex-Gabonese president’s family released from jail
MENAFN
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May 13, 2025
(MENAFN) Former Gabonese First Lady Sylvia Bongo Ondimba and her son, Noureddin Bongo Valentin, have been released from prison and placed under house arrest, according to local media reports. The two had spent over a year in detention facing charges …
57 Children Die in Gaza Amid Current Aid Blockade: WHO
MENAFN
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May 13, 2025
(MENAFN) At least 57 children in Gaza have lost their lives due to malnutrition since humanitarian aid was cut off on March 2, according to the World Health Organization (WHO), which cited figures from the Palestinian Health Ministry. During a United …
Weaponized groups collide in Libyan capital
MENAFN
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May 13, 2025
(MENAFN) Armed clashes broke out in Libya’s capital, Tripoli, on Monday evening following the assassination of a senior military commander. Abdul Ghani al-Kikli, head of the UN-backed government’s Stability Support Apparatus (SSA), was reportedly killed in …
Russia Considers Retaliation Against Poland
MENAFN
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May 13, 2025
(MENAFN) Russia is considering shutting down the Polish Consulate General offices in Kaliningrad and Irkutsk in response to Poland’s recent decision to close the Russian Consulate General in Krakow. This move could be a retaliation, as stated by Deputy …
Turkey’s Current Account Deficit Eases in March 2025
MENAFN
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May 13, 2025
(MENAFN) Turkey’s current account posted a deficit of $4.08 billion in March 2025, the Central Bank reported on Tuesday. This marks a slight improvement from the $4.12 billion deficit recorded in March 2024. The goods sector experienced a deficit of $4.84 …
Scandal occurs during Macron's visit to Ukraine
MENAFN
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May 13, 2025
(MENAFN) A brief scandal occurred last weekend during French President Emmanuel Macron's visit to Ukraine with German Chancellor Friedrich Merz and UK Prime Minister Keir Starmer, when they were seen handling some "suspicious" objects that some speculated …
Italy, Greece Reconfirm Backing for Gaza Ceasefire, Two-State Vision
MENAFN
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May 13, 2025
(MENAFN) Italy and Greece have jointly reiterated their backing for a ceasefire in Gaza and a two-state resolution to the ongoing Israeli-Palestinian dispute. Following a meeting in Rome on Monday, the two nations declared their shared stance, stating, “We …
Jordan Aligns with Partners on Ending Syria Hostilities
MENAFN
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May 13, 2025
(MENAFN) Jordan announced on Monday that it is collaborating with Turkey, Syria, other Arab nations, as well as the global community “to end Israel’s aggression” against Syrian land. During a joint media briefing held in Ankara, Jordanian Foreign Minister …