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The UK Consumer: Press Releases

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Press releases published on May 22, 2025

Cocoa Prices Sour 20 Percent Amid Supply Concerns, Weather Conditions

Cocoa Prices Sour 20 Percent Amid Supply Concerns, Weather Conditions

(MENAFN) Cocoa prices have surged by over 20% in May, rebounding to over $11,000 per ton after experiencing a sharp decline earlier this year. The price had dropped more than 34% to $7,613 per ton, but has since recovered some ground. Though prices remain …

Philippine President Calls for Cabinet Resignations After Mid-Term Vote Setback

Philippine President Calls for Cabinet Resignations After Mid-Term Vote Setback

(MENAFN) Philippine President Ferdinand Romualdez Marcos has requested the resignation of his cabinet secretaries following disappointing results for administration-backed candidates in the May 12 mid-term elections, the Presidential Communications Office …

Zelensky`s administration remains stable

Zelensky`s administration remains stable

(MENAFN) Ukrainian President Vladimir Zelensky’s administration remains stable primarily due to the ongoing conflict with Russia and may therefore resist reaching a peace deal, according to Sergey Ordzhonikidze, former Director-General of the UN Office at …

Bitcoin Surges to All-Time High After Stablecoin Bill Momentum

Bitcoin Surges to All-Time High After Stablecoin Bill Momentum

(MENAFN) Bitcoin’s value surged past $110,000 on Thursday for the first time ever, following progress on a major stablecoin-related bill in the U.S. Senate. According to Coinmarketcap data, the total worth of the global cryptocurrency market, which …

Trump confronts S-African president with ‘white genocide’

Trump confronts S-African president with ‘white genocide’

(MENAFN) During a meeting at the White House on Wednesday, U.S. President Donald Trump confronted South African President Cyril Ramaphosa with allegations of violence and discrimination against white farmers, a topic that took center stage despite the …

Arab nations denounce Israeli shooting on political team of foreign diplomats

Arab nations denounce Israeli shooting on political team of foreign diplomats

(MENAFN) Arab nations have denounced the Israeli army’s shooting, demanding international responsibility and requiring clarification from Israel. As political team of foreign diplomats visiting Jenin camp, which is located in the northern West Bank, as …

Netanyahu’s eternal conflict murders Israel faster than its foes

Netanyahu’s eternal conflict murders Israel faster than its foes

(MENAFN) Israeli Prime Minister Benjamin Netanyahu appears increasingly cornered—faced with the choice of stepping down or continuing a war that may ultimately harm Israel more than its adversaries. In the past year and a half, Israel has failed to …

Lavrov labels Zelensky as ‘pathetic’

Lavrov labels Zelensky as ‘pathetic’

(MENAFN) Russian Foreign Minister Sergey Lavrov has harshly criticized Ukrainian President Vladimir Zelensky, labeling him a “pathetic person” and claiming that even Western allies have urged him to stop acting irrationally. Lavrov’s remarks came in …

Cocoa Prices Rise After Supply, Demand Shifts

Cocoa Prices Rise After Supply, Demand Shifts

(MENAFN) Cocoa prices have surged over 20 percent in May after experiencing significant drops earlier this year, now rising above USD11,000 per ton. Initially, the price plummeted more than 34 percent, falling to USD7,613 per ton before gradually …

Launch of New DPRK Destroyer Ends in Devastating Mishap

Launch of New DPRK Destroyer Ends in Devastating Mishap

(MENAFN) A "serious accident" took place during the Democratic People's Republic of Korea's (DPRK) launch of a new 5,000-ton destroyer on Wednesday, as reported by a news agency on Thursday. The mishap took place at the Chongjin Shipyard during the vessel' …

EU Launches Loan Plan to Reinforce Defense Sector

EU Launches Loan Plan to Reinforce Defense Sector

(MENAFN) European Union nations have collectively agreed to introduce a substantial EURO150 billion (USD170 billion) loan initiative titled the Defense Industrial Readiness Loan Instrument (SAFE), aimed at enhancing the bloc's defense infrastructure. …

Putin states Ukrainian invasion forces established bases in Russian churches

Putin states Ukrainian invasion forces established bases in Russian churches

(MENAFN) Russian President Vladimir Putin has stated that Ukraine’s military used churches in the Kursk Region of Russia as strongholds during their unsuccessful incursion. He mentioned that many of these religious buildings sustained significant damage …

FM states Ukraine welcoming Putin-Zelensky meeting

FM states Ukraine welcoming Putin-Zelensky meeting

(MENAFN) Ukraine is interested in holding direct talks between President Vladimir Zelensky and Russian President Vladimir Putin, according to Ukrainian Foreign Minister Andrey Sibiga. His comments come as discussions between Russian and Ukrainian …

Ukrainian Gets Accused in UK Premier Arson Attacks

Ukrainian Gets Accused in UK Premier Arson Attacks

(MENAFN) A Ukrainian citizen has been formally accused in relation to a string of arson incidents in London that allegedly targeted a “high-profile public figure,” as revealed by the Metropolitan Police on Wednesday. Earlier news reports suggested that the …

Nvidia CEO Slams U.S. AI Chip Restrictions, Calls Them "Failure

Nvidia CEO Slams U.S. AI Chip Restrictions, Calls Them "Failure

(MENAFN) Jensen Huang, CEO of Nvidia, has harshly criticized the U.S. government's restrictions on artificial intelligence chips to China, calling them a "failure" that has only pushed Chinese companies to develop their own technology. Huang shared these …

Pakistan Expels Indian High Commission Official Amid Diplomatic Tensions

Pakistan Expels Indian High Commission Official Amid Diplomatic Tensions

(MENAFN) In a fresh escalation of diplomatic tensions between the two South Asian neighbors, Pakistan on Thursday expelled a staff member of the Indian High Commission based in Islamabad. The individual was declared persona non grata, a formal designation …

Kremlin publishes update on arrangements for possible Ukraine discussions

Kremlin publishes update on arrangements for possible Ukraine discussions

(MENAFN) The Kremlin has confirmed that preparations are underway for possible direct peace talks between Russia and Ukraine in Istanbul later this week. Kremlin spokesperson Dmitry Peskov said on Tuesday that Moscow is actively getting ready for …

EU Unveils Major Defense Loan Plan, Ukraine Onboard

EU Unveils Major Defense Loan Plan, Ukraine Onboard

(MENAFN) European Union nations have reached a consensus to create a €150 billion (approximately $170 billion) Defense Industrial Readiness Loan Instrument (SAFE) aimed at enhancing the bloc’s defense capabilities, with Ukraine officially designated as a …

Putin specifies terms for return of Western companies

Putin specifies terms for return of Western companies

(MENAFN) President Vladimir Putin has stated that Western companies that exited Russia following the escalation of the Ukraine conflict may be allowed to return, but only if it aligns with Russia's economic interests. He emphasized that businesses that …

Italian Commerce Chamber Demands Easing Russian Sanctions

Italian Commerce Chamber Demands Easing Russian Sanctions

(MENAFN) The Italian-Russian Chamber of Commerce has called on the Italian government to initiate discussions aimed at removing existing sanctions, emphasizing that the penalties are adversely affecting the financial interests of both nations. In a recent …

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