Tag : Finance

European

European Union Approves New Migration Pact in Hopes of Combating the Growing Popularity of Far-Right Extremism

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Falcon powers – On Tuesday, the member states of the European Union approved a new migration pact that includes several amendments aimed at countering the rising popularity of far-right extremist candidates ahead of next month’s continental elections. Ministers from EU member states voted in favor of ten new legislations that......
European

In pictures: Northern Lights dazzle around the world

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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

Gold Extends Gains as Jobs Data Boosts Bet on U.S. Interest Rate Cut

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FALCON POWERS – Gold prices jumped on Friday and are on track to record their best weekly performance supported by the momentum gained from weak U.S. jobs data this week, which has strengthened expectations of an interest rate cut by the Federal Reserve. As of 14:23 GMT, spot gold rose......
Economy & Business

Strong Dollar Gains and Japanese Warning as Yen Weakens

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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

“United States Cancels Some Chip Supply Licenses to Huawei”

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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......
Asylum & MigrationEuropean

New System for Migration and Asylum: Children’s Biometric Data Collection, Detention of Refugees during Asylum Applications, and Unified Rejection

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FALCON POWERS – Recently, the European Parliament approved a comprehensive package of amendments to the migration and asylum system in the European Union countries, including Sweden. This new system aims to reduce the influx of refugees and expedite the process of deporting those whose asylum requests have been rejected to......
European

Germany’s far-right party starts its European campaign without lead candidate

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AfD MEP Maximilian Krahe was asked to stay away: One of his parliamentary assistants has been arrested on suspicion of spying for China. Falcon powers – Two weeks ago, the far-right Alternative for Germany (AfD) party announced that it would launch its European campaign on Saturday, April 27, in Donaueschingen......
Economy & Business

Major Swedish Real Estate Company Declares Bankruptcy After Failing to Repay Debts of Up to One Billion Krona

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FALCON POWERS – Warnings of bankruptcy for Swedish companies due to the recession and inflation hitting Sweden are starting to emerge, affecting hundreds of small and medium-sized companies as well as large corporations. Today, the Stockholm court announced that it has received a bankruptcy application from one of the largest......
EuropeanWhat then !

“Jews in Berlin Join Peace Advocates in Brooklyn to Protest Against Arming Israel”

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FALCON POWERS – Thousands of protesters gathered around a banner that read “Stop Arming Israel” to join two peace advocacy groups led by Jewish activists in Brooklyn, New York, in a simultaneous protest during the Easter holiday. The organizers stated that they drew inspiration from the relationship between Jewish organizers......
Economy & BusinessEuropean

Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires

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FALCON POWERS – hen the governors of the World Bank and the International Monetary Fund convened for the spring meetings last week, it was all about the really big questions. What can the international community do to accelerate decarbonisation and fight climate change? How can highly indebted countries retain fiscal......