Tag : fashion

European

Massive Fire Engulfs a Major Shopping Center in Warsaw

admin1
Falcon powers – A massive fire broke out in a shopping center in the Polish capital, and firefighting vehicles arrived at the scene, with around 200 firefighters participating in extinguishing the fire.The fire completely consumed the Moryńska Market, which houses approximately 1,400 shops and stalls, mostly selling clothing. The market......
European

In pictures: Northern Lights dazzle around the world

admin1
Falcon powers – Large parts of the world got a rare glimpse of the Northern Lights on Friday night, after one of the strongest geomagnetic storms to hit Earth for years. These events increase chances of the lights being visible, and the last time there was such a strong storm......
Economy & Business

Egypt Working to Convince Apple to Manufacture Its Phones in Egypt

admin1
Falcon powers – Egyptian Prime Minister Mostafa Madbouly has revealed that his government is working to convince the American company Apple to manufacture its phones in Egypt. Madbouly added that efforts are underway to persuade Apple to open a factory in Egypt, and that out of the top 5 mobile......
Economy & Business

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

admin1
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......
Lebanon and Gaza War

Pentagon Confirms Suspension of Heavy Ammunition Shipments to Israel Due to Rafah

admin1
FALCON POWERS – The U.S. Secretary of Defense, Lloyd Austin, has confirmed the temporary suspension of shipments of heavy ammunition to Israel due to disagreements and controversy with Tel Aviv over the invasion of the city of Rafah in southern Gaza. Lloyd Austin stated, “We have made it clear from......
Economy & Business

Strong Dollar Gains and Japanese Warning as Yen Weakens

admin1
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”

admin1
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”

admin1
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......
Economy & BusinessEuropean

EU Policy. China dominating soaring global clean tech industry

admin1
FALCON POWERS – EU’s goal to increase domestic manufacturing capacity for net-zero technologies faces stiff competition from China. Investment in clean technologies such as solar photovoltaics (PV), batteries, wind power, electrolysers and heat pumps soared by 70% last year with China accounting for three-quarters of global investments, according to a......
Asylum & Migration

Biden Defends Welcoming Immigrants: Foreign Phobia Causes Economic Problems for China and Japan

admin1
FALCON POWERS – US President Joe Biden said on Wednesday that “foreign phobia” from countries like China, Japan, and India hampers their growth, while emphasizing that immigration benefits the US economy. Speaking at a fundraising event in Washington that included Americans of Asian descent and others, he stated, “One of......