Category : Economy & Business

FALCON POWERS – According to a report by experts from the International Monetary Fund (IMF), prepared for presentation at last month’s IMF Board meeting, Egyptian authorities have pledged to refrain from bypassing the Ministry of Finance and directly borrowing billions of dollars from the central bank. Economic experts argue that......

FALCON POWERS – The German economy likely expanded in the first quarter on an unexpected boost from industry and construction but there are still no signs of a meaningful recovery, the Bundesbank said in a monthly economic report. Germany’s central bank had long predicted another contraction for the quarter but......

Falcon powers – Israeli military spending increased by 24% on an annual basis in 2023, reaching $27.5 billion, driven by the war waged by Israel on the Gaza Strip and tensions in the north with the Lebanese Hezbollah. This was revealed in a report on global military spending issued on......

FALCON POWERS – Hayan Abdulghani, Deputy Prime Minister for Energy Affairs and Iraqi Oil Minister, revealed on Saturday the imminent date for the resumption of oil exports from the Kurdistan Region. He confirmed that his ministry has requested the Kurdistan Regional Government to hand over the region’s produced oil to......

Falconpowers – US President Joe Biden has called for a tripling of tariffs on some steel and aluminium from China. It is the latest protectionist policy to be embraced by Mr Biden as he campaigns for re-election against Donald Trump, who was known for his tough trade stance against China.......