International News

PM Zhelyazkov Attends Funeral of Pope Francis

AKP Phnom Penh, April 26, 2025 — Prime Minister Rosen Zhelyazkov arrived at the Vatican, where he and the Bulgarian delegation he leads are attending the funeral ceremony of Pope Francis. Before the start of the ceremony, Prime Minister Zhelyazkov will personally offer his condolences to forme...

IMF: ‘The Outlook for Asia and the Pacific has Dimmed’

AKP Phnom Penh, April 25, 2025 -- Surging trade tensions triggered by America’s announcement of punitive tariffs against most of its trading partners this month are an opportunity for Asia-Pacific economies to improve their resilience, the International Monetary Fund (IMF) says. Accordin...

Thailand Proposes “Six Countries, One Destination” Tourism Campaign

AKP Phnom Penh, April 24, 2025 — Thailand is moving forward with a plan to expand regional tourism cooperation through the “Six Countries, One Destination” campaign, which seeks to promote travel across six ASEAN nations by the end of 2025. On April 22, two advisors to Thailand’s foreign minister...

Vietnam, US kick start bilateral economic, trade negotiations

AKP Phnom Penh, April 24, 2025 — Vietnamese Minister of Industry and Trade Nguyen Hong Dien held phone talks with US Trade Representative Jamieson L. Greer on April 23 evening, initiating discussions on economic and trade issues between the two countries. The session, which was also attended b...

IMF downgrades global growth forecast to 2.8 pct in 2025 amid increased tariffs

AKP Phnom Penh, April 23, 2025-- he International Monetary Fund (IMF) on Tuesday downgraded its global growth forecast in 2025 to 2.8 percent, a hefty 0.5 percentage point decrease from its January projection, according to the latest World Economic Outlook (WEO). "Since the release of the Januar...

"Lower tariffs are good for everybody": World Bank president

AKP Phnom Penh, April 23, 2025-- World Bank Group President Ajay Banga said Tuesday that lower tariffs are good for everybody, while noting that he has seen increased inter-regional trade and bilateral trade in recent years. "For the last 10 years, if you look at the number of bilateral and regi...

Bank of Finland chief urges unified EU stance on U.S. tariffs and defense

AKP Phnom Penh, April 23, 2025-- Bank of Finland Governor Olli Rehn on Tuesday emphasized the necessity for Europe to adopt a unified position not only on defense but also in response to the evolving U.S. tariff policies. "According to our estimates, U.S. tariffs and the subsequent countermeasur...

U.S. crude oil inventories down last week: API

AKP Phnom Penh, April 23, 2025-- The American Petroleum Institute (API) on Tuesday reported a decrease of 4.565 million barrels of crude oil in U.S. inventories for the week ending April 18. The API reported a surge of 2.400 million barrels in the previous week. The API indicator shows how mu...

Harvard University sues Trump administration over funding freeze

AKP Phnom Penh, April 22, 2025-- Harvard University said Monday that it has filed a federal lawsuit against the Trump administration's funding freeze, calling the action "unlawful and beyond the government's authority." In a lawsuit filed in the United States District Court for the District of M...

UN concerned about attacks on and from Yemen, calls for restrain

AKP Phnom Penh, April 22,2025-- A UN spokesman on Monday raised concern over U.S. airstrikes on Yemen's oil port of Ras Isa, where five aid workers were among the hundreds of casualties. Stephane Dujarric, spokesman for UN Secretary-General Antonio Guterres, also voiced concern over the Houthi's...

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