Tag : business

Economy & Business

China Approves Construction of 11 New Nuclear Reactors

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FALCON POWERS – China has approved the construction of 11 new nuclear reactors at five locations, according to state media, as the country continues its efforts to curb emissions from fossil fuels. Chinese Premier Li Qiang chaired an executive meeting of the State Council on Monday that gave the green......
News Variety

This type of fraud can result in a loss of over 1,000 euros

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FALCON POWERS – Have you ever dreamed of acting in a major film production? For many, this dream can quickly turn into a nightmare, as of late, fake advertisements have been spreading on casting websites and Facebook groups, exposing aspiring actors to serious deception. These fraudulent operations follow a simple......
Economy & Business

Swedish Statistics Agency: Economic Indicators in Sweden Are Very Weak, Pointing to a Deep Recession!

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FALCON POWERS – The Swedish Statistics Agency has issued a new report indicating that the Swedish economy has very weak indicators, according to the report’s description. The agency also noted that the state of the Swedish economy is extremely poor and still suffering from a deep recessionary crisis. In a......
European

After the stock market collapse: Forecasts for the Swedish economy in a new phase of recession and unemployment

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FALCON POWERS – The global stock markets have experienced a sharp decline at the start of this week’s trading, and the Swedish stock exchange on Monday, August 5th, saw a sharp decline that economists considered an “collapse in stock values”. Although there were external reasons that led to collapses in......
European

UN Calls for “Urgent” Action in the Middle East

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FALCON POWERS – The UN High Commissioner for Human Rights, Volker Türk, called for urgent action to stop the escalation in the Middle East, amid concerns of an expansion of the Gaza war. Türk said in a statement: “I am deeply concerned about the growing risk of a larger-scale conflict......
Economy & Business

Unemployment Rate in the Euro Area Rises Slightly in June

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FALCON POWERS – The unemployment rate in the euro area rose slightly during the month of June, according to data from the European statistics office Eurostat. The unemployment rate reached 6.5% in June, compared to 6.4% in May, and has remained unchanged since June 2023. Economists had expected the unemployment......
Economy & BusinessEuropean

Germany Moves Towards New Taxes, Rise in Airfare Prices

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FALCON POWERS – The German government is moving towards imposing new taxes on domestic flights in hopes of reducing demand and increasing the fight against air pollution from emissions. Like other countries, Germany finds itself unable to fulfill the ambitious commitments it made under the 2016 Paris Climate Agreement. Now,......
InternationalNews Variety

Russia Tries to Attract Asian Tourists to Offset the Loss of European Visitors

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FALCON POWERS – Two and a half years after the Russian invasion of Ukraine, which suddenly halted the influx of Western tourists, Russia is now trying to attract Asian visitors, whether from China or the Middle East. This shift is clearly visible in St. Petersburg, the former imperial capital famous......