December 18, 2024
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Lebanon: 12 Martyrs Including 3 Children in Airstrike on Al-Matn

Al-Qassam: We Eliminated 15 Soldiers and Targeted Two Personnel Carriers and a…

Israeli Army: Soldiers Burning Lebanese Flag Violates Military Rules and Values

Renewed Airstrikes on Gaza; Death Toll from Jabalia Massacre Rises to 36

Hamas’s First Response to Closure of Its Office in Qatar and Departure…

UN Rapporteur: The Goal of Establishing a “Greater Israel” Threatens to Erase…

Israeli General: We Are Far from Victory in Gaza; Netanyahu Is a…

Hezbollah: We Bombed Kiryat North of Haifa with a Heavy Rocket Barrage;…

Israeli Army: 1,300 Drones Launched at Israel; We Destroyed Hezbollah’s Drone Stockpile

Have Israel’s Relations with the UN Reached a Declaration of War?

Category : Economy & Business

Economy & Business

PayPal fined $27.3 mln by Polish watchdog for ambiguous clauses

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by admin10102
FALCON POWERS –  Poland’s antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for which they may be fined, UOKiK said on Monday. UOKiK said that prohibited activities which could......
Economy & Business

Swatch Group Suffers Significant Profit Decline in First Half Due to Chinese Market

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by admin1074
FALCON POWERS – The Swiss watch group Swatch recorded a decline in its profits during the first half of the year due to the crisis in the luxury goods market in China, and the company warned on Monday that the difficulties in its main market will continue for the rest......
Economy & Business

UK economy bounces back faster than expected, boosted by the construction sector

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by admin1052
FALCON POWERS – The British economy recovered significantly in May, providing an early boost for the new Labour government as it strives to revive the country’s growth prospects. Data from the UK’s Office for National Statistics released on Thursday showed that Britain’s gross domestic product (GDP) grew by 0.4% month-on-month......
Economy & Business

Eurozone Investor Confidence Plunges

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by admin1061
FALCON POWERS – Investor confidence in the Eurozone has plummeted sharply this month, with their confidence in both the current state of the economy and their future expectations declining amid geopolitical concerns. The confidence index issued by the Sentix research institute fell to -7.3 points this month, compared to 0.3......
Economy & Business

The Dollar Declines Ahead of Powell’s Testimony, Euro Holds Firm After the French Elections

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by admin10108
FALCON POWERS – The dollar hovered on Tuesday near its lowest level in around a month against a basket of major currencies, as the fallout from Friday’s jobs report continued and investors awaited testimony from Federal Reserve Chair Jerome Powell on the path of monetary policy. The euro held its......
Economy & Business

Tunisia Repays $3.7 Billion in Loans in the First Half of 2024

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by admin10100
FALCON POWERS – On Tuesday, Tunisian Finance Minister Sihem Boughdiri Nemsia announced that Tunisia had repaid 11.6 billion dinars ($3.7 billion) in outstanding foreign loans during the first half of the current year. This came in statements by the Finance Minister during a session of the Tunisian Parliament to approve......
Economy & Business

Chinese government bonds are on fire. That’s ringing alarm bells in Beijing

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by admin10120
FALCON POWERS – Money is rushing into Chinese government bonds, sending their prices soaring and yields plunging to record lows as investors hunt for a safer alternative to the country’s ravaged real estate market and volatile stocks. The yield on China’s onshore 10-year government bond, which is a benchmark for a wide......
Economy & BusinessLebanon and Gaza War

Israel Extends Cooperation Between Israeli and Palestinian Banks

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by admin1075
FALCON POWERS – According to a spokesperson for the Israeli Finance Minister, the Minister has extended a grace period that allows cooperation between the Israeli banking system and Palestinian banks in the West Bank. The grace period, which was originally set to expire at the end of June, enables Israeli......