July 3, 2024
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Report: Biden Administration Delays Israel’s Request to Purchase 12-15 Apache Helicopters

The Israeli Occupation Army: An Officer and a Soldier Killed in Battles…

Hamas Reveals 4 Demands to Approve Prisoner Exchange Deal

Israeli Soldier Killed, Another Seriously Injured in Southern Gaza Strip

Occupation forces release 50 prisoners from Gaza, including director of Al-Shifa Medical…

Gallant: The Israeli Army Needs 10,000 Additional Soldiers Immediately

Gaza Fighters Launch Rockets Toward Israel as its Tanks Advance North and…

Israel Extends Cooperation Between Israeli and Palestinian Banks

The Israeli Army Acknowledges the Death of a Reserve Colonel and a…

Israeli Official Threatens to Use “Doomsday Weapon” if Israel’s Existence Is Threatened

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Economy & Business

Foreign Exchange Reserves in Israel Decrease by $5.6 Billion

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by admin1029
Falcon powers – The Central Bank of Israel has announced a decrease in foreign exchange reserves by $5.632 billion as of the end of April compared to the end of March. This decline is primarily attributed to the revaluation of the Israeli Shekel, which led to a reduction in reserves......
News Variety

Service Disruptions for Starlink Due to Solar Storm

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by admin1062
FALCON POWERS – Starlink, the satellite internet service provider owned by billionaire Elon Musk’s SpaceX, issued a warning on Saturday about “service disruptions” due to Earth experiencing its largest geomagnetic storm in two decades as a result of solar activity. Starlink owns approximately 60% of the around 7,500 satellites orbiting......
Economy & Business

Swedish Central Bank Cuts Interest Rates for the First Time in 8 Years – Decrease in Loan Interest Rates

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by admin1040
FALCON POWERS – The Swedish central bank has announced a decision to reduce the key interest rate by 0.25%, marking the first rate cut in eight years. The new benchmark interest rate is set at 3.75%. Over the past eight years, interest rates in Sweden have gradually risen from low......
Economy & Business

Strong Dollar Gains and Japanese Warning as Yen Weakens

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by admin1030
FALCON POWERS – The dollar recorded a strong performance on Wednesday, recovering some of the losses caused by renewed bets on the Federal Reserve’s interest rate cuts this year, while the yen declined for the third consecutive day, raising concerns among investors about the possibility of intervention by Tokyo. In......
Economy & Business

“Saudi Finance Minister: Budget Deficit is Intentional”

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by admin1026
Falcon powers – Saudi Finance Minister, Mohammed Al-Jadaan, downplayed concerns over the Saudi budget deficit and its potential impact on the economy. In an interview with “Al-Eqtisadiah,” the Saudi minister stated that managing the budget deficit is one of the government’s top priorities, and it is implementing strategies and policies......
Economy & Business

“United States Cancels Some Chip Supply Licenses to Huawei”

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by admin1033
Falcon powers – The U.S. Department of Commerce announced that it has revoked some licenses that allow companies to ship goods such as chips to Chinese company Huawei, which manufactures mobile phones and personal computers. The decision comes after Huawei launched its first artificial intelligence-compatible personal computer, the “MateBook X......
European

“Fed Up”… Borrell Criticizes the Invasion of Rafah and Threats against the International Criminal Court

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by admin1032
Falcon powers – The European Union’s High Representative, Josep Borrell, responded to the Israeli attack on the city of Rafah in Gaza, stating that the human toll would be high and that people had no safe haven to seek refuge in. Borrell told reporters, “I fear that this will once......
Economy & Business

Australian airline Qantas agrees payouts over ‘ghost flights’

admin1
by admin1023
FALCON POWERS – Australia’s biggest airline Qantas agrees million-dollar settlement after being accused of selling thousands of tickets for flights it had already cancelled. The A$100m (€61m) penalty deal comes after the Australian Competition and Consumer Commission (ACCC) sued the Sydney-based airline in the Federal Court last year. The commission......
Economy & Business

Watch How Starbucks Stock Plummeted Amid Gaza Support Boycott (Chart)

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by admin1043
Falcon powers – Supporters of Israel face significant losses, including American coffee chain Starbucks, due to the boycott stemming from the Israeli war on Gaza. Starbucks has experienced a decline in sales, leading to a drop in its stock price amid a selling wave. The company’s stock finished Friday’s trading......
European

EU election candidates face a TikTok conundrum as bloc cracks down on app

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by admin1023
FALCON POWERS – Hopefuls in June’s European elections are taking the leap to TikTok in a bid to influence young voters, despite the security and misinformation concerns plaguing the app. The Chinese-owned platform has some 142 million users in the EU, predominantly young Europeans, making it crucial campaigning territory for......