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Press releases published on July 31, 2025

US Stock Markets Close Mixed
(MENAFN) American equities concluded the day with varied results on Wednesday after the Federal Reserve chose to keep the federal funds rate unchanged within the 4.25% – 4.50% band. Fed Chairman Jerome Powell additionally suggested that there would be no …

Lithuanian Prime Minister Steps Down
(MENAFN) Lithuanian Prime Minister Gintautas Paluckas announced his resignation on Thursday, stepping down both as head of government and as leader of the Lithuanian Social Democratic Party. "I informed the president ... that I took the decision to resign …

UN Chief Addresses Rising Global Instability
(MENAFN) In a message delivered on Thursday, the UN secretary-general issued a stern caution about a "dangerous drift" away from key commitments, emphasizing that human rights are increasingly "under assault" and the space for democratic expression is …

IBM Report Reveals AI-Driven Breaches Cost U.S. Firms Millions
(MENAFN) As U.S. businesses rush to weave artificial intelligence (AI) into daily operations, they're encountering an increasingly costly consequence: a spike in high-priced data breaches. According to the newly released IBM “Cost of a Data Breach 2025” …

44 Reported Dead as Storms Batter Beijing
(MENAFN) Severe rainstorms have resulted in the deaths of 44 individuals and left nine others unaccounted for in Beijing as of Thursday, according to local media. The most devastating toll occurred at a nursing home in Miyun District, a suburban area of …

Iran accuses Washington of crippling Iran’s economy with new sanctions
(MENAFN) Iran has strongly criticized the newest round of US sanctions targeting its oil transport operations, accusing Washington of undermining its economy and harming the Iranian people, according to official statements. The US Treasury recently imposed …

UN Chief Sounds Alarm Over “Dangerous Drift” from Global Commitments
(MENAFN) On Thursday, the UN Secretary-General sounded the alarm over a “dangerous drift” from established global commitments, warning that human rights are “under assault” and democratic space is “shrinking.” “War continues to rage on the European …

Trump makes scathing critique of Russia, India
(MENAFN) U.S. President Donald Trump launched a scathing critique of India and Russia late Wednesday, suggesting that the two countries "can take their dead economies down together." The statement came as Trump announced sweeping new tariffs on Indian …

Sweden Considers Sanctioning Israeli Ministers
(MENAFN) Sweden is contemplating enacting penalties against far-right members of the Israeli Cabinet due to the escalating humanitarian disaster in Gaza, according to the country’s minister for international development cooperation and foreign trade on …

Cambodia Calls on Thailand to Free 20 Detained Soldiers
(MENAFN) Cambodia urgently urged Thailand on Thursday to free 20 Cambodian soldiers detained following a ceasefire agreement, a spokesperson from Cambodia’s defense ministry confirmed. During a press briefing, Lieutenant General Maly Socheata, …

U.S. Federal Reserve Maintains Current Rates
(MENAFN) The US Federal Reserve maintained its benchmark federal funds rate on Wednesday, keeping it within the anticipated 4.25% to 4.50% range. This pause in rate changes aligns with widespread expectations. In its official statement, the Fed …

Massive Cyberattack Hits French Defense Firm
(MENAFN) A top French defense contractor has confirmed it is under a targeted "reputational attack with the claim of a cyber-malice act" following a hacker's assertion of possessing over a terabyte of its data, the company said in a recent statement. "In a …

Microsoft Surpasses USD4 Trillion Earnings
(MENAFN) US-based technology powerhouse Microsoft witnessed its market value cross the $4 trillion milestone during after-hours trading on Wednesday. This significant surge followed the release of the company’s quarterly financial report, which revealed …

MOEX plans to start futures trading tied to Ethereum
(MENAFN) Russia’s largest stock market, the Moscow Exchange (MOEX), announced plans to start futures trading tied to Ethereum, the world’s second-largest cryptocurrency, beginning August 5. Access to these futures will be limited to qualified investors, …

S. Korea’s Ex-President Yoon Faces Arrest Warrant Over Election Scandal
(MENAFN) A warrant for the arrest of former South Korean President Yoon Suk-yeol has been authorized by a court to compel his appearance for questioning amid allegations of election interference, according to a special counsel team on Thursday. The Seoul …

Russian nuclear company initiates pilot uranium processing plant in Tanzania
(MENAFN) A Russian nuclear energy company has launched a pilot uranium processing plant in Tanzania, marking the start of a broader plan to build a major facility in the region by next year, according to general reports. The plant, initiated by Mantra …

Russia, Syria Confirms Strengthening Dialogue
(MENAFN) Russian Foreign Minister Sergey Lavrov confirmed on Thursday in Moscow that he and Syrian Foreign Minister Asaad al-Shaibani intend to continue their dialogue, which was initially launched in Türkiye. Their ongoing discussions aim to enhance …

Zelenskyy Urges Europe to Confiscate Russian Assets
(MENAFN) Ukrainian President Volodymyr Zelenskyy emphasized on Thursday that the top priority for Europe at present is "to stop Russia." He proposed that instead of merely freezing Russian assets, they should be fully confiscated. According to Zelenskyy, …

U.S. Strikes Iran with Sweeping Sanctions
(MENAFN) In its most extensive move against Iran in years, the United States on Wednesday unveiled sanctions targeting over 100 individuals, companies, and ships linked to what officials described as a sprawling maritime operation overseen by Mohammad …

Tokyo Stocks End Thursday with Gains
(MENAFN) Tokyo’s stock market closed higher Thursday, driven by gains in major technology shares fueled by strong earnings reports from leading U.S. tech firms. Japan’s Nikkei 225 index climbed 415.12 points, or 1.02%, finishing at 41,069.82, while the …