Tag : apple

Economy & Business

Is the U.S. Dollar in Danger After the Expansion of BRICS?

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FALCON POWERS – The U.S. dollar has long reigned supreme as the world’s dominant currency for decades, but attempts to diminish its influential role in the global economy and its dominance in international trade transactions are increasingly gaining momentum. With Russia hosting the BRICS summit in 2024, President Vladimir Putin......
Economy & BusinessEuropean

Major Swedish Companies Lay Off Thousands of Employees!!

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FALCON POWERS – In a new and “expected” development, Northvolt, a company specializing in the production of electric batteries and solar panels, announced the layoff of 1,600 jobs in Sweden. CEO Peter Carlsson stated in a press release on Monday that the financial and employment situation is extremely challenging, and......
Economy & Business

Germany’s economic sentiment takes a dramatic fall as outlook worsens

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FALCON POWERS – Germany’s economic sentiment plunged to an 11-month low in September, with the ZEW index dropping sharply. Economic outlook worsened across key German industries, impacting the broader eurozone morale. Germany’s economic outlook took a dramatic and unexpected downturn in September, signalling a deepening slump in confidence for the......
International

Israel Estimates That Britain Will Announce in the Coming Days the End of Defense Export Licenses to Israel

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FALCON POWERS – According to the Hebrew website “Walla,” Britain is considered a very important country for Israel regarding security imports, and the concern in the Israeli government is that other countries will follow the British government’s lead. According to Israeli estimates, the termination of British security exports to Israel......
Economy & BusinessInternational

U.S. and European Stocks Decline After Global Technical Outage

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FALCON POWERS – U.S. stocks continued their decline today, Saturday, as the chaos associated with a global technical glitch due to a software failure increased the uncertainty in the already turbulent market, while European stocks also declined. This widespread global technical disruption led to the disruption of operations in many......
European

The European Court of Justice Rejects TikTok’s Appeal Against the Legality of the New European Digital Rules

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FALCON POWERS – The European Union, through the issuance of this law, aimed to prevent these companies from taking actions that could be anti-competitive. It imposes strict rules on institutions whose practices in the past have led to fines estimated at billions of dollars and tax decisions taken by the......
Economy & BusinessNews Variety

Climate Risks Increasingly Impact Oil Prices

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FALCON POWERS – Climate risks such as wildfires, hurricanes, and natural disasters are becoming increasingly important factors in determining prices in oil markets, as the world continues to grapple with the difficulty of moving away from fossil fuels. The recent Hurricane Bree, one of the latest extreme weather events, raised......
Economy & Business

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

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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......
News Variety

Woolly Mammoth Resurrection after Thousands of Years of Extinction

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FALCON POWERS – In a remarkable scientific breakthrough, researchers have recently made significant progress in reconstructing the complete three-dimensional genome of the extinct woolly mammoth. This achievement could greatly enhance our understanding of extinct species and even inspire efforts to bring them back to life. The key details are as......
News Variety

Elon Musk Threatens Bill Gates Over Tesla… “I’ll Wipe You Out if You Repeat It”

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FALCON POWERS – Elon Musk, the founder of Tesla, warned Microsoft co-founder Bill Gates that he will destroy his fortune if he attempts to short Tesla’s stock, according to a report by Fortune magazine on Tuesday. Musk believes that he will turn Tesla into a $30 trillion artificial intelligence giant,......