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;…

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

Category : Economy & Business

Economy & Business

Global growth to stay steady at 2.6% in 2024 for the first time in three years

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by admin10160
Falcon powers – The world economy is expected to grow by 2.6 per cent this year, and the expansion rate is expected to remain consistent throughout the year, without significant fluctuations, according to a report by the World Bank. It will be the first time in three years that the global growth rate will......
Economy & Business

“Bloomberg”: The European Union Wants to Maintain the Transit of Russian Gas Through Ukraine

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by admin10189
Falcon powers – European officials are holding discussions to maintain the flow of gas from Russia to Europe through Ukraine after the gas transit contract between the Russian Gazprom and Kyiv expires at the end of this year. While the European Union is trying to wean itself off Russian gas,......
Economy & Business

Ministry: Israel’s budget deficit reaches 7.2% of GDP in May

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by admin10128
FALCON POWERS – The Ministry of Finance said on Sunday that Israel recorded a budget deficit of ten billion shekels ($2.7 billion) in May, citing increased spending due to the war it is waging with the Islamic Resistance Movement (Hamas) in Gaza. Over the previous twelve months, the deficit rose......
Economy & Business

The Russian Export Center confirms the importance of developing economic relations with Arab countries

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by admin1070
Falcon powers – The Russian Export Center confirms the importance of developing economic relations with Arab countries Nikita Gusakov, the First Deputy CEO of the Russian Export Center, spoke about the importance of developing economic relations with Arab countries, noting the existence of a constructive dialogue with the UAE, Russia’s......
Economy & Business

Final manufacturing figures show Eurozone inching towards recovery in May

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by admin10140
FALCON POWERS – The index remains in negative territory but shows the smallest fall in more than a year. Spain’s economic health is looking up while Germany and France continue to show weakness. The final eurozone manufacturing PMI from Hamburg Commercial Bank (HCOB) grew to 47.3 in May, announced S&P......
Economy & Business

Egypt Approves the Largest Salary and Pension Increase in its History

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by admin10170
Falcon powers – The Speaker of the Egyptian House of Representatives, Hanafi Jabali, has given his final approval to the draft general budget for the new fiscal year 2024-2025, which includes the largest increase in salaries and pensions in the country’s history. Jabali stated during the general session of the......
Economy & Business

Bank of Israel Governor: Gaza War to Cost Economy around $70 Billion

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by admin10143
FALCON POWERS – Bank of Israel Governor, Amir Yaron, said on Thursday that the war on the Palestinian Gaza Strip will cost the Israeli budget for 2025 around 253 billion shekels ($67.4 billion) in defense spending. Yaron added that the costs of the security and civilian war are “significant” and......
Economy & Business

Brazil’s finance minister: ‘Taxing the super-rich is both an emergency and a necessity’

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by admin10197
Falcon powers – At the helm of this year’s G20, Brazilian Finance Minister Fernando Haddad speaks to Le Monde about taxing the wealthy and creating new international alliances. “The successor”: In Brazil, that’s how many people refer to Fernando Haddad. At 61, the former mayor of Sao Paulo and left-wing......