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Press releases published on May 27, 2025
Japan Falls Behind Germany with USD3.7T in Net Assets
MENAFN
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May 27, 2025
(MENAFN) For the first time in 34 years, Japan has been dethroned as the world’s largest creditor nation, slipping behind Germany despite reaching record levels in its net foreign assets, a news agency reported Tuesday. According to data from Japan’s …
China Accuses Taiwan’s DPP of Supporting Cyberattacks Targeting Tech Company
MENAFN
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May 27, 2025
(MENAFN) Chinese officials on Tuesday leveled allegations against Taiwan's ruling Democratic Progressive Party (DPP), accusing it of supporting a hacker group responsible for cyberattacks targeting a technology company in Guangzhou, Guangdong province’s …
Europe’s Car Market Expands in April as EV Sales Increase
MENAFN
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May 27, 2025
(MENAFN) The European passenger vehicle market experienced a modest 1.3% expansion in April compared to the same month last year, with new registrations reaching 925,359, according to figures released Tuesday by the European Automobile Manufacturers’ …
Kanlaon Volcano Erupts in Philippines
MENAFN
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May 27, 2025
(MENAFN) A volcanic eruption occurred in the central region of the Philippines, hurling a column of ash into the air and leading officials to escalate the danger level, according to local news sources on Tuesday. As per a report from the media, referencing …
Tesla April Sales See Sharp Decline in Europe
MENAFN
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May 27, 2025
(MENAFN) Tesla, the U.S. electric vehicle powerhouse, experienced a sharp decline in sales across Europe in April, dropping by 52.6% compared to the same month last year, according to fresh data released Tuesday by the European Automobile Manufacturers' …
US senator asks Trump to enforce sanctions on Russia
MENAFN
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May 27, 2025
(MENAFN) On Monday, Chuck Grassley, who is a US Sen. encouraged Leader Donald Trump to enforce sanctions on Russia. Grassley posted on X, previously known as Twitter "I’ve had enuf of Putin killing innocent ppl. Pres Trump Take action AT LEAST SANCTIONS." …
EPPO Investigates Agricultural Subsidy Fraud in Greece
MENAFN
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May 27, 2025
(MENAFN) The European Public Prosecutor’s Office (EPPO), an autonomous institution within the European Union, has commenced a formal inquiry into alleged large-scale misuse of agricultural aid in Greece, based on reports from Greek news outlets on Monday. …
EU Launches Probe in Massive Agricultural Subsidy Scam in Greece
MENAFN
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May 27, 2025
(MENAFN) The European Public Prosecutor’s Office (EPPO) has initiated a sweeping investigation into large-scale fraud involving EU agricultural subsidies in Greece, according to reports from local media on Monday. At the center of the inquiry is Greece’s …
Kanlaon Volcano Eruption Sparks Alarm in Philippines
MENAFN
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May 27, 2025
(MENAFN) A volcano in the central Philippines erupted on Tuesday, blasting ash into the sky and prompting officials to escalate the alert status, according to media reports. Kanlaon Volcano registered at least 31 volcanic quakes within a 24-hour period, …
Kenya Inaugurates First Embassy in Morocco
MENAFN
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May 27, 2025
(MENAFN) Kenya officially inaugurated its first embassy in Morocco on Monday, marking 60 years of diplomatic relations and signaling a significant strengthening of bilateral ties alongside a major policy shift on the Western Sahara issue. The embassy …
Triple Gunfire Kills Man in Washington
MENAFN
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May 27, 2025
(MENAFN) Authorities have confirmed that a fatality has occurred as a result of a three-person shooting that took place on Monday in the southeastern region of Washington, DC. The Metropolitan Police Department stated that it is actively examining the …
German Army Reveals Significant Air Defense Investments
MENAFN
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May 27, 2025
(MENAFN) Facing growing geopolitical tensions and an unpredictable security landscape, Germany’s Bundeswehr is set to make significant investments over the next decade to enhance its air defense capabilities. According to recent German media coverage, Gen. …
North Korea Criticizes U.S. ‘Golden Dome’
MENAFN
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May 27, 2025
(MENAFN) North Korea has voiced strong disapproval of U.S. Leader Donald Trump's proposal to build a “Golden Dome” missile defense framework, labeling it a “very dangerous and threatening initiative,” based on a report from the country’s official media …
US Envoy Denies Claims Over Gaza Ceasefire Proposal
MENAFN
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May 27, 2025
(MENAFN) Middle East envoy Steve Witkoff on Monday firmly denied assertions that Hamas had agreed to his proposed Gaza ceasefire, directly contradicting Palestinian insiders who previously reported the group’s acceptance of the initiative, according to a …
Volvo Reveals Plans to Slash 3000 Jobs
MENAFN
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May 27, 2025
(MENAFN) On Monday, Swedish car manufacturer Volvo Cars revealed plans to eliminate 3,000 positions as part of a comprehensive "cost and cash action plan." According to a company statement, "The action plan aims to build a stronger and even more resilient …
UN Women Unveils Program to Empower 4,600 Women in Lebanon
MENAFN
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May 27, 2025
(MENAFN) UN Women Lebanon has unveiled a two-year program designed to bolster women’s rights, safety, and economic empowerment for 4,600 women impacted by Lebanon’s deepening crisis, a news agency reported Monday. Backed by funding from the Australian …
North Korea Blasts Trump's 'Golden Dome' Plan as Global Threat
MENAFN
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May 27, 2025
(MENAFN) North Korea has condemned U.S. President Donald Trump's proposed “Golden Dome” missile defense initiative, labeling it “a very dangerous and threatening initiative,” according to a report Tuesday by a North Korean news outlet. In a memorandum …
U.S. Senator Presses Trump to Put Sanctions on Russia
MENAFN
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May 27, 2025
(MENAFN) U.S. Senator Chuck Grassley on Monday pressed President Donald Trump to implement sanctions against Russia, intensifying pressure on the president following renewed Russian aggression in Ukraine. "I’ve had enuf of Putin killing innocent ppl. Pres …
South Korea’s Lee Jae-myung Reveals Plan to Seek Summit with Kim Jong Un
MENAFN
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May 27, 2025
(MENAFN) South Korea’s top presidential contender, Lee Jae-myung, announced Monday his intention to seek a summit with North Korean leader Kim Jong Un if he wins the upcoming election, a South Korean news agency reported. Despite his commitment, Lee …
Macron Comments on Controversial Video with First Lady
MENAFN
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May 27, 2025
(MENAFN) French Leader Emmanuel Macron on Monday refuted rumors sparked by a widely shared video that appeared to show his wife, Brigitte Macron, pushing his face while aboard their official aircraft upon arriving in Vietnam. “We were joking, nothing more, …