Tag : elon musk

International

US post-war Gaza plans collide with President Biden’s faltering campaign

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FALCON POWERS – Arab Gulf states are hedging their bets on Donald Trump’s return to the White House, telling the former president’s surrogates they are waiting in the wings for his new administration, in an unexpected hitch to the Biden administration’s Middle East diplomacy. The Gulf States’ calm response to......
European

“Greedy Sweden” – BBC Report on Massive Wealth Inequality in Sweden and Signs of Poverty Spreading

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FALCON POWERS – Sweden, the wealthy Scandinavian European country that prides itself on being a model of social democracy, has become a haven for obscenely wealthy capitalists who collectively own 70% of Sweden’s GDP, while signs of poor living standards and perhaps poverty are manifesting in many weaker areas of......
Economy & Business

Eurozone Investor Confidence Plunges

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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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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......
News Variety

Upcoming Hyundai Car May Feature Gear Shift Indicator Lights Mounted on the Steering Wheel, Similar to Ferrari Cars

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FALCON POWERS – The patent filing reveals the company’s idea to simplify the car control process. Race cars can serve as test beds for technologies that ultimately end up in the vehicles we purchase, such as gear shift indicator lights mounted on the steering wheel. This is not a new......
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,......
Economy & Business

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

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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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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......