International News

Italy's public debt reaches record high in March

AKP Phnom Penh, the May 16,2025-- Italy's public debt hit an all-time high of 3.034 trillion euros (3.38 trillion U.S. dollars) in March, the Bank of Italy reported Thursday, a 9.5-billion-euro increase compared to the previous month. Amid a weakening trend in the U.S. dollar, the total public d...

Vietnam, US push for balanced trade

AKP Phnom Penh, May 13, 2025 — Business leaders are accelerating imports of US goods into Vietnam and foster a more balanced trade relationship, as bilateral meetings gain momentum. The push comes as Vietnam’s imports from the US surged to 5.7 billion USD in the first four months of 2025, a 26...

Non-banking Financial Sector at “Very Advanced Stage” in Preparing for Euro Changeover

AKP Phnom Penh, May 13, 2025 — Bulgaria’s non-banking financial sector is in the home stretch in preparing for the adoption of the single European currency, Financial Supervision Commission (FSC) Chair Vasil Golemanski told BTA in an interview. Elected to the top post in FSC on March 27, Golemans...

China remains among top investors in Germany last year

AKP Phnom Penh, May 13, 2025 — China continued to be one of the leading sources of foreign direct investment (FDI) in Germany last year, according to a report released on Monday by Germany Trade & Invest (GTAI), the federal agency responsible for promoting foreign investment. Chinese compa...

Russia to become leading gas exporter to Asian markets by 2050

AKP Phnom Penh, May 13, 2025 — Russia will become the main gas exporter to Asian markets by 2050, and it will cooperate with friendly countries in development of gas infrastructure and the formation of swap deliveries, Russian Deputy Prime Minister Alexander Novak wrote in an op-ed for the Energy...

U.S. stocks surge as U.S.-China trade talk lifts market sentiment

AKP Phnom Penh, the May 13, 2025-- U.S. stocks rallied sharply on Monday after the United States and China announced a temporary rollback of reciprocal tariffs, providing much-needed relief to investors concerned about the escalating trade war's economic fallout. The Dow Jones Industrial Average...

Trump signs executive order aiming to reduce drug prices

AKP Phnom Penh, the May 13, 2025-- U.S. President Donald Trump on Monday signed an executive order aimed at lowering drug prices, demanding that drug companies offer prices for prescription drugs comparable to those in other developed nations. "The Order instructs the Administration to com...

Britain, EU FMs meet in London without concrete results on Ukraine

AKP Phnom Penh, the May 13, 2025-- British and European foreign ministers and officials met in London on Monday but concluded without substantial breakthroughs on the situation in Ukraine. According to a statement from the British Foreign, Commonwealth and Development Office, the ministers reaff...

Egypt retrieves 25 smuggled artifacts from U.S.

AKP Phnom Penh, the May 13, 2025-- Twenty-five historically and artistically significant artifacts, spanning multiple periods of ancient Egyptian civilization, have been repatriated from the United States to Egypt, the Egyptian Foreign Ministry announced on Monday. The Egyptian Consulate General...

Iran says latest nuclear talks "more serious," rejects U.S. call to dismantle facilities

AKP Phnom Penh, the May 12,2025-- Iranian Foreign Minister Abbas Araghchi said on Sunday that indirect negotiations with the United States in Oman to revive the 2015 nuclear deal had become "much more serious and frank," as President Masoud Pezeshkian rejected U.S. demands for Tehran to dismantle i...

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