Month : May 2024

Economy & Business

Egypt Working to Convince Apple to Manufacture Its Phones in Egypt

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Falcon powers – Egyptian Prime Minister Mostafa Madbouly has revealed that his government is working to convince the American company Apple to manufacture its phones in Egypt. Madbouly added that efforts are underway to persuade Apple to open a factory in Egypt, and that out of the top 5 mobile......
Lebanon and Gaza War

Slovenian Foreign Minister: Closure of Rafah Crossing a “Disaster”

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Falcon powers – The Slovenian Foreign Minister has condemned the continued closure of the Rafah Crossing from the Palestinian side for the fifth consecutive day, describing it as a disaster. During a joint press conference with Egyptian Foreign Minister Sameh Shoukry on Sunday, Slovenian Foreign Minister Tania Fajon affirmed that......
Economy & Business

Foreign Exchange Reserves in Israel Decrease by $5.6 Billion

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Falcon powers – The Central Bank of Israel has announced a decrease in foreign exchange reserves by $5.632 billion as of the end of April compared to the end of March. This decline is primarily attributed to the revaluation of the Israeli Shekel, which led to a reduction in reserves......
Lebanon and Gaza WarWhat then !

Comprehensive War Launched by the Occupation to Eradicate Culture and Heritage

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FALCON POWERS – The Palestinian Ministry of Culture issued a report at the end of 2023 summarizing the Israeli violations against the cultural sector in Palestine. Dr. Atef Abu Seif, the Minister of Culture, stated, “Israel is waging a systematic and targeted campaign aimed at the cultural and heritage sector,......
Economy & Business

US set to raise tariffs on Chinese electric vehicles next week

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FALCON POWERS – US President Joe Biden is set to announce new China tariffs next week, including an increase in levies on electric vehicle imports, according to media reports. The levy on Chinese EVs is set to quadruple, the Wall Street Journal reported. US trade officials are expected to raise the tariff rate to roughly 100 per cent,......
International

Moscow: Russian Forces Control 4 Towns in Kharkiv

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FALCON POWERS – The Russian Ministry of Defense announced on Sunday that Russian army forces have gained control over four new towns in the Kharkiv region of Ukraine, which borders Russia. In a statement, the ministry said, “Units from the Northern Group of Russian forces advanced towards the enemy’s defense......
News Variety

Service Disruptions for Starlink Due to Solar Storm

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FALCON POWERS – Starlink, the satellite internet service provider owned by billionaire Elon Musk’s SpaceX, issued a warning on Saturday about “service disruptions” due to Earth experiencing its largest geomagnetic storm in two decades as a result of solar activity. Starlink owns approximately 60% of the around 7,500 satellites orbiting......
International

Thousands Protest in Georgia Against Foreign Agents Law, US Expresses Concern

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FALCON POWERS – Approximately 50,000 people took part in a peaceful march through the rain-soaked streets of the Georgian capital on Saturday to voice their opposition to the proposed “Foreign Agents” law, after the United States stated that the country must choose between a law “modeled on the Kremlin” or......
Lebanon and Gaza War

12 Princeton University Faculty Members Go on Hunger Strike in Support of Gaza

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FALCON POWERS – Over 12 faculty members from Princeton University have joined student hunger strikers for a one-day fast in solidarity with the Palestinian cause and to demand an end to Israeli aggression in the Gaza Strip. On May 3rd, a group of 18 students at Princeton University began a......