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24/7 Business Reporter: Press Releases

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Press releases published on May 31, 2025

Russia increases wheat shipments to Africa as France loses ground

Russia increases wheat shipments to Africa as France loses ground

(MENAFN) Russia has significantly increased its grain exports to Africa during the current agricultural season, making major gains in markets once dominated by European suppliers, particularly France. According to Ilya Ilyushin, head of Russia’s Federal …

Trump Doubles Metal Tariffs to Fifty Percent

Trump Doubles Metal Tariffs to Fifty Percent

(MENAFN) U.S. Leader Donald Trump declared a substantial rise on Friday in duties on imported steel and aluminum, elevating the rate from 25 percent to 50 percent. He described the measure as a step to enhance the safeguarding of American manufacturing. " …

Ukraine trains terror troops in Africa

Ukraine trains terror troops in Africa

(MENAFN) Ukraine is allegedly training jihadist fighters and supplying weapons to terrorist organizations in Africa’s Sahel region, according to a senior Russian Foreign Ministry official. Tatyana Dovgalenko, deputy director of the ministry’s Department …

Germany Urges to Bolster Military Force

Germany Urges to Bolster Military Force

(MENAFN) Germany must significantly expand its military personnel—by up to 45 percent—to fulfill NATO obligations and respond to the security challenge posed by Russia, according to the head of the German Armed Forces Association. Colonel Andre Wuestner …

ICC Official Says Trade Uncertainty Is Growing

ICC Official Says Trade Uncertainty Is Growing

(MENAFN) The international commerce framework is currently grappling with levels of instability rarely witnessed before, due to tariffs and protective economic strategies, according to the trade director at the International Chamber of Commerce (ICC), in a …

Canadian gold miner looks for mediation in African conflict

Canadian gold miner looks for mediation in African conflict

(MENAFN) Canadian mining company Barrick Mining has turned to the World Bank’s arbitration tribunal to resolve a legal conflict with Mali, Reuters reported on Friday. The company faces the risk of losing control over its gold operations in the West African …

Number of deaths outreaches fifty-four thousand three hundred in Gaza

Number of deaths outreaches fifty-four thousand three hundred in Gaza

(MENAFN) The Health Ministry stated on Friday that a minimum of 54,321 Palestinians have been murdered in Israel ethnic cleansing since October 2023. A ministry announced that 72 dead people were brought in health clinics in the last day, while 278 …

Heavy rains cause lethal flooding in Niger

Heavy rains cause lethal flooding in Niger

(MENAFN) Heavy rains have caused devastating floods in Niger State, Nigeria, resulting in the deaths of 21 people. The flooding on Thursday submerged approximately 50 homes across two communities, Tiffin Maza and Anguwan Hausawa, in the Mokwa area, …

S-African female receives life in jail for selling six-year-old daughter

S-African female receives life in jail for selling six-year-old daughter

(MENAFN) A South African woman and two accomplices have been sentenced to life in prison for kidnapping and trafficking six-year-old Joshlin Smith, who disappeared in February 2024. Despite the convictions, police say the search for the missing child will …

Kiev gets accused of systematic torture of Russian inmates

Kiev gets accused of systematic torture of Russian inmates

(MENAFN) Ukraine has reportedly developed a systematic and dehumanizing torture regime targeting captured Russian soldiers, according to human rights investigator Maksim Grigoriev. As chair of an international commission examining alleged Ukrainian …

Israel murdered twenty hostages in Gaza

Israel murdered twenty hostages in Gaza

(MENAFN) As stated by a newspaper study that was released on Friday, Israeli army actions put at risk the lives of a minimum of 54 Israeli hostages in Gaza, 20 of whom were murdered. The press statement stated that in these 2 years of war on Gaza beginning …

Namibia remembers German genocide of 20th century

Namibia remembers German genocide of 20th century

(MENAFN) Namibia will never forget the atrocities committed by German colonial forces in the early 20th century, President Netumbo Nandi-Ndaitwah said on Wednesday during the country’s first official Genocide Remembrance Day. Speaking at a ceremony in …

Russia possibly to ban return of Western brands

Russia possibly to ban return of Western brands

(MENAFN) The Russian State Duma is preparing to pass legislation that would regulate the ability of foreign companies to repurchase assets they sold when leaving the country, Izvestia reported on Tuesday. The bill has already received approval from the …

Trump’s tariffs return

Trump’s tariffs return

(MENAFN) A U.S. federal appeals court has temporarily reinstated President Donald Trump’s sweeping import tariffs, pausing a lower court decision that had ruled the administration overstepped its authority. On Thursday, the U.S. Court of Appeals for the …

Germany's Inflation Surpasses Forecasts

Germany's Inflation Surpasses Forecasts

(MENAFN) Germany experienced a yearly inflation rate of 2.1 percent this month, according to the federal statistics agency Destatis, which reported the figure on Friday. This outcome surpassed analysts’ projection of 2 percent. Prices for services …

European Nations Criticize Israel’s New Settlement Approvals

European Nations Criticize Israel’s New Settlement Approvals

(MENAFN) Switzerland, Norway, and Finland strongly criticized Israel’s recent endorsement of 22 new residential outposts in the occupied West Bank, joining the United Kingdom and Spain in their opposition. The Swiss Foreign Ministry stated on X, " …

Western nations denounce Israel authorizing new colonies

Western nations denounce Israel authorizing new colonies

(MENAFN) After Uk and Spain, 3 countries which are, Switzerland, Norway, as well as Finland denounced Israel's authorization of twenty two fresh West Bank deals.  Switzerland denounced the authorization of 22 new colonies in the occupied Palestinian zone …

Increased arms in combat zone will prolong Ukraine, Russia war

Increased arms in combat zone will prolong Ukraine, Russia war

(MENAFN) A Chinese representative alerted on Friday that increasing arms in the combat zone will only prolong the Russia and Ukraine war. As direct discussions are ongoing between Russia and Ukraine, the number of arms in the combat zone had rose with …

Trump Wants Holding Talks with Chinese President

Trump Wants Holding Talks with Chinese President

(MENAFN) United States Leader Donald Trump announced on Friday his intention to hold discussions with Chinese Leader Xi Jinping, following claims that China had breached a recently announced trade agreement. This development could potentially return the …

Putin Agrees to Engage in Ukraine Talks

Putin Agrees to Engage in Ukraine Talks

(MENAFN) Russian leader Vladimir Putin is open to engaging in top-tier discussions regarding Ukraine, though a tangible agreement must first emerge from face-to-face conversations between negotiating teams, Kremlin representative Dmitry Peskov stated …

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