النشرة الاقتصادية - 05/07/2024

Medi1TV

7/5/2024

مدي 1 تي في : النشرة الاقتصادية - 05/07/2024

Transcript

00:00Welcome to Al-Iqtisad, we take advantage of Morocco and these givens to the Ministry of

00:10Equipment and Water, which highlights that the construction of three large dams in Sbou

00:16basin has reached its end, while the work continues on the foot of the construction of the fourth

00:22dam, which will become the largest dam to be built at the basin level.

00:27This dam aims to fill 2 billion cubic meters of water, as it undergoes the final touches

00:34on a number of water installations, with the first drops expected in the next few weeks.

00:41This is related to the Maddaz Dam, which is located in the Safrou region on the Sbou valley,

00:46and the Sidi Abbou Dam, which is located in the Tawnat region, and the Koudia al-Birna Dam

00:51in the Sidi Qasim region, while the fourth dam and the Retba Dam in the Tawnat region.

01:00In the latest international economic news, the European Union in a conservative way,

01:05in a democratic pattern, may reach 38% on the imported Chinese electric cars before

01:12the final decision in November on what the European Commission announced.

01:16Beijing accused it of illegally supporting these manufacturers, and today it began to

01:23apply these new patterns, which are added to other patterns of 10% applied to Chinese cars.

01:31After a wide-ranging investigation into the Chinese government's support for the manufacture

01:35of electric cars, it began in October last year, when Brussels announced these new patterns

01:41on June 12, while it launched discussions with Beijing to try to solve the problems

01:47that have been identified and eliminated the risks of a trade war.

01:52And now, the Commission has four months to decide whether it will impose these new patterns

01:58in the final form, or leave the door open for a possible dialogue with Beijing, and these

02:04final patterns will be valid for five years.

02:08Now, let's move on to Libya, where the Central Bank of Libya says that oil revenues in the

02:13first half of 2024 amounted to 37 billion dinars, which is equivalent to 7.61 billion dollars.

02:22And the Libyan economy is based mainly on the oil revenues that reached 20.69 billion dollars

02:30last year, according to the data of the Central Bank of Libya.

02:34Libya, a member of the OPEC organization, which has the largest oil reserves in Africa,

02:39suffered in recent years from political and security disturbances, which led to a decline

02:45in the production of oil to less than 700,000 barrels per day in the middle of 2022.

02:52But despite this, production in the country has increased to 1.2 million barrels per day

02:59in the same year, and has maintained this level since then.

03:06The demand for travel has also stopped, which is measured by the will of passengers per kilometer,

03:11where the data of the International Aeronautical Transport Union showed a rise in travel demand

03:16by 10.7% last May, compared to the same period last year.

03:23IATA showed that the total number of seats available per square kilometer

03:28rose by 8.5% in May on an annual basis.

03:33In this context, Willie Walsh, the Director-General of the International Aeronautical Transport Union,

03:37said that there are no indicators of a decline in travel demand,

03:43especially since the sales of travel tickets at the beginning of the peak season

03:46rose by 6% in May.

03:50All areas recorded a strong growth in the international travel markets in May 2024,

03:57compared to the same period last year.

04:04Let's conclude with General Motors, which will pay nearly $146 million

04:13as subsidies to reduce its appreciation of the sales of its cars,

04:18according to the Federal Union.

04:20The American car manufacturer was fined after it discovered

04:24that about 6 million cars emit more emissions than was reported,

04:30according to a statement in the name of the National Administration for the Safety of Passengers on Highways.

04:37The insurance companies that are listed between 2012 and 2018

04:44reported higher sales of carbon dioxide by 10% compared to what was reported by General Motors,

04:53and the company's shares fell by 0.51% during transactions on the New York Stock Exchange after this decision.

05:02With this, we have reached the end of this economic broadcast.

05:06Thank you for watching.

05:08Goodbye.

05:14Thank you for watching.

النشرة الاقتصادية - 05/07/2024

Category

Transcript

Recommended