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24/7 Business Reporter: Press Releases

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Press releases published on July 5, 2025

Media reports Syria possibly to drop demand that Israel return Golan Heights

Media reports Syria possibly to drop demand that Israel return Golan Heights

(MENAFN) Syria’s new leader, Ahmad al-Sharaa, may be willing to relinquish the country’s claim to the Israeli-occupied Golan Heights as part of a potential peace deal with Israel, Lebanese media outlet LBCI reported on Monday. Israel originally seized most …

Syria isn't going to borrow from the International Monetary Fund or World Bank

Syria isn't going to borrow from the International Monetary Fund or World Bank

(MENAFN) The head of Syria’s central bank, Abdul Qader Husariya, has announced that the country has no plans to take on debt from external sources. “Syria, by order of President Ahmad al-Sharaa, will not resort to external debt, nor will there be any …

European Intelligence Warns of Russian Chemical Weapon Use in Ukraine

European Intelligence Warns of Russian Chemical Weapon Use in Ukraine

(MENAFN) Russia is ramping up its reliance on toxic agents in its conflict with Ukraine, according to allegations made on Friday by German and Dutch intelligence organizations, who cautioned that the threat extends beyond Ukraine and could endanger the …

Support for S. Korea President rises in seconed month in office

Support for S. Korea President rises in seconed month in office

(MENAFN) Support for South Korea’s President Lee Jae Myung has surged to 65% as he enters his second month in office, following his victory in the June 3 snap presidential election. A recent Gallup Korea poll conducted from July 1 to 3 among 1,001 …

South Korea Conducts Emergency Water Assessments

South Korea Conducts Emergency Water Assessments

(MENAFN) South Korea escalated environmental monitoring efforts Friday, conducting emergency water assessments following mounting allegations that North Korea has contaminated cross-border waterways with radioactive nuclear waste. Seoul's latest testing …

UAE denounces Israel for extending sovereignty over occupied West Bank

UAE denounces Israel for extending sovereignty over occupied West Bank

(MENAFN) The United Arab Emirates has sharply criticized recent remarks by Israel’s justice minister, who advocated for extending Israeli sovereignty over the occupied West Bank—a move the UAE described as a serious provocation and an alarming escalation. …

Hezbollah firmly rejects appeals to relinquish its arsenal

Hezbollah firmly rejects appeals to relinquish its arsenal

(MENAFN) Hezbollah has firmly rejected recent appeals for it to relinquish its arsenal, with its leadership stating that disarmament will not be considered until Israel ceases its military operations against Lebanon. During a televised address broadcast by …

Intel claims US attacks on Iran resulted in limited damage

Intel claims US attacks on Iran resulted in limited damage

(MENAFN) Recent US airstrikes on Iranian nuclear facilities may have caused significantly less damage than initially reported, according to intercepted Iranian communications cited by The Washington Post. The strikes were part of a joint military operation …

Trump Hails One Big Beautiful Bill

Trump Hails One Big Beautiful Bill

(MENAFN) US President Donald Trump on Friday enacted a significant fiscal measure, famously dubbed the "One Big, Beautiful Bill," describing it as a pivotal event for the country. "This bill will fuel massive economic growth and lift up the hardworking …

Iran cautions Ukraine of ‘consequences’ due to recent remarks

Iran cautions Ukraine of ‘consequences’ due to recent remarks

(MENAFN) Iran has issued a formal warning to Ukraine over recent remarks by Ukrainian officials supporting the US-Israeli military campaign against Tehran. The Iranian Foreign Ministry summoned Ukraine’s charge d’affaires on Monday to lodge a protest, …

Taiwan’s Ruling Party Begins Campaign Against Opposition

Taiwan’s Ruling Party Begins Campaign Against Opposition

(MENAFN) Taiwan’s governing party kicked off a broad effort on Friday aimed at unseating opposition groups, as reported by a news outlet. At present, opposition parties control the island’s legislative body. Twenty-six representatives from the main …

Pakistan’s Premier Urges Climate Cooperation

Pakistan’s Premier Urges Climate Cooperation

(MENAFN) Pakistan's Prime Minister Shehbaz Sharif put forward a proposal for a corridor with reduced emissions on Friday during the Economic Cooperation Organization (ECO) gathering, highlighting that participating nations are contending with significant …

N. Korea Blasts Quad Alliance Over Nuclear Stance

N. Korea Blasts Quad Alliance Over Nuclear Stance

(MENAFN) North Korea unleashed a blistering counterattack Friday against the Quad alliance—comprising the United States, Australia, India, and Japan—denouncing their coordinated assault on Pyongyang's nuclear program as dangerous "coercive acts." The North …

Mandatory work program for refugees introduced in Austria

Mandatory work program for refugees introduced in Austria

(MENAFN) The Austrian state of Burgenland has launched a new policy requiring asylum seekers to work for their host municipalities, with reduced welfare benefits for those who refuse. The initiative, known as the "Burgenland Model," officially began on …

Taiwan’s DPP begins to recall opposition lawmakers

Taiwan’s DPP begins to recall opposition lawmakers

(MENAFN) Taiwan’s Democratic Progressive Party (DPP) launched a national campaign on Friday aimed at recalling opposition lawmakers, according to reports. The initiative comes as Taiwan’s legislature remains under the control of opposition groups, with the …

Trump commands evaluation of Syrian president`s terrorist designation

Trump commands evaluation of Syrian president`s terrorist designation

(MENAFN) US President Donald Trump has significantly relaxed longstanding American sanctions on Syria and instructed a review of the terrorist designations tied to the country’s new leadership. In an executive order signed Monday, Trump lifted broad …

Iranian official states ‘next war with Israel will be final’

Iranian official states ‘next war with Israel will be final’

(MENAFN) A senior Iranian source has told RT that any future war between Iran and Israel would be the “last,” warning that Tehran is prepared to unleash a sustained missile barrage capable of overwhelming Israeli defenses. Speaking anonymously, the …

Lee Jae Myung’s Popularity Rises Sharply

Lee Jae Myung’s Popularity Rises Sharply

(MENAFN) The approval rating of South Korea’s President Lee Jae Myung has climbed to 65 percent as he enters his second month in leadership following his election victory on June 3. According to a poll conducted by Gallup Korea, involving 1,001 …

Dutch Premier to Give Testimony in Espionage Trial

Dutch Premier to Give Testimony in Espionage Trial

(MENAFN) Dutch Premier Dick Schoof is scheduled to testify as a witness in the legal proceedings involving a former counterterrorism officer suspected of disclosing confidential information to Morocco, a court in the Netherlands announced on Friday. The …

South Korea Faces Another Luxury Brand Cyber Attack

South Korea Faces Another Luxury Brand Cyber Attack

(MENAFN) South Korea confronted another devastating cybersecurity breach Friday as luxury retailer Louis Vuitton joined an alarming wave of high-profile data compromises, while authorities simultaneously slapped penalties on a major telecom giant for …

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