Saudi Press

Saudi Arabia and the world
Friday, Jul 11, 2025

Germany Stands Firm with Ukraine as Global Challenges Unfold: From North Korean Troop Movements to Polio Battles in Pakistan

Germany stands firm with Ukraine as U.S. election concerns loom, while closer to home, Paris witnesses a shocking axe attack amid intensified Russian-North Korean military activity.
Germany has reaffirmed its support for Ukraine amidst worries about the U.S. elections that could impact Western aid, as Foreign Minister Annalena Baerbock visited Kyiv. This steadfast commitment comes despite Russian military efforts intensifying, with North Korean troops reportedly bolstering their ranks.

In Pakistan, the battle against polio persists despite militant threats and misinformation hindering vaccination efforts, with dedicated health workers risking their lives. Encouragingly, religious leaders are now advocating for vaccinations, signaling a positive shift despite the ongoing instability since the Taliban's resurgence in Afghanistan.

Meanwhile, near Paris, an unsettling incident occurred when a fight on a suburban train led to an axe attack, leaving four injured, including two critically. The altercation did not disrupt train services but has raised concerns due to the severity of injuries sustained.

On a different note, Russia is preparing to launch two Iranian satellites, marking strengthened collaboration in space exploration. This move signifies a growing scientific partnership, as Russia previously aided Iran with the launch of the Pars 1 satellite.

Shifting to Saudi Arabia, Vision 2030 presents vast opportunities in banking as it aims to diversify the economy through ambitious projects. While promising increased lending opportunities, the initiative faces challenges such as insufficient deposits to support its ambitious targets.

Lastly, Saudi Basic Industries Corp. reported a significant rebound to a SR1 billion profit in Q3 of 2024, driven by strong revenue and strategic divestments. Despite missing analyst expectations, the company posted a stable financial recovery compared to the previous year's losses.
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