Tag : Equality
Is the Russian Economy Facing the Specter of a “Severe Recession”?
FALCON POWERS – The Russian economy, as one of the largest economies in the world, plays a vital role in the global economy thanks to its vast natural resources, especially oil and gas. Russia is one of the largest producers and exporters of energy, which gives it a competitive economic......
U.S. and European Stocks Decline After Global Technical Outage
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......
Germany Moves Towards New Taxes, Rise in Airfare Prices
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,......
IMF Maintains Global Growth Forecasts for 2024
FALCON POWERS – The International Monetary Fund (IMF) kept its global growth forecast for 2024 unchanged at 3.2% on Tuesday, while expecting improvements in growth in China and India, and maintaining its previous estimates for advanced economies. In the third and final update to its annual report on the global......
Climate Risks Increasingly Impact Oil Prices
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......
PayPal fined $27.3 mln by Polish watchdog for ambiguous clauses
FALCON POWERS – Poland’s antitrust and consumer protection watchdog imposed a fine of 106.6 million zlotys ($27.3 million) on PayPal Europe for failing to spell out to consumers in its contractual clauses activities for which they may be fined, UOKiK said on Monday. UOKiK said that prohibited activities which could......
A Mosquito Factory in Colombia Battles Dengue Fever and Misinformation
FALCON POWERS – For about 10 years, a global mosquito program in Colombia has been working to replace the infamous Aedes aegypti mosquito, which transmits dengue fever, with a genetically modified version. Supported by billionaire Bill Gates, the project has achieved promising results, with a 95% decrease in fever cases......
Discovery of an Ancient Arabic Inscription Written by a Companion of the Prophet Before the Battle of Uhud
FALCON POWERS – According to the scientific magazine Live Science, a new study has found that an ancient Arabic inscription on a rock near an abandoned mosque in Saudi Arabia may have been carved by the Companion (Sahabi) Hanzala ibn Abi Amir, who was martyred during his participation in the......
Woolly Mammoth Resurrection after Thousands of Years of Extinction
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......