النشرة الاقتصادية - 12/10/2024

Medi1TV

10/13/2024

مدي 1 تي في : النشرة الاقتصادية - 12/10/2024

Transcript

00:00Welcome to the economic news.

00:12In a recent evaluation, the US-based Fitch Financial Services

00:17confirmed that Morocco has a long-term portfolio of foreign currencies

00:21with a stable future.

00:24The agency highlighted that maintaining this portfolio

00:27embodies the macroeconomic policies of the Kingdom

00:30and the strong support of the official debtors

00:33and the placement of suitable loans and the strengthening of liquidity reserves.

00:37The Fitch agency expects growth to be 3% by 2024

00:42due to the limited rainfall, which affects agricultural production.

00:47It also expects an average growth of 3.5% by 2025-2026

00:55thanks to the return of agricultural production to its natural state

00:58and the consistent performance of non-agricultural sectors.

01:01The Ministry of Economy, Finance and the European Bank

01:06signed an agreement to fund the Reconstruction and Rehabilitation Program

01:11after the Houthi earthquake with a total amount of 500 million euros.

01:16This agreement constitutes the first payment of a total amount of 1 billion euros

01:21to support the efforts to rebuild and rehabilitate the affected areas of the Houthi earthquake.

01:26The first phase will consist of special interventions to rebuild the main infrastructure

01:31and rehabilitate the main roads,

01:33while the second phase will be dedicated to the support of the Moroccan government

01:37in its digital efforts for comprehensive rehabilitation

01:39in order to establish a model for regional development

01:42and a balanced socio-economic system in the region.

01:47The Ministry of Tourism, Traditional Industry and Social and Co-operative Economy

01:52confirmed that the Moroccan tourism sector continues to perform exceptionally

01:56with 13.1 million tourists in the first 9 months of 2024.

02:03The ministry said in a statement that this noticeable performance

02:07represents an increase of about 2 million tourists compared to the same period last year,

02:12highlighting the increasing dynamism towards Morocco at the level of international tourism.

02:17Last September was also exceptional,

02:20as Morocco received about 2.3 million tourists,

02:24which is an increase of 33% compared to the same month of last year.

02:29The increase in the number of air travels and promotional campaigns

02:33and the development of special infrastructure and tourism experiences

02:37contributed to this exceptional momentum.

02:42Internationally, oil prices have seen the highest fluctuation in a month

02:46for almost two years, with tensions between Iran and Israel rising,

02:51which has caused a large wave of fluctuations.

02:54Since the beginning of October,

02:56Cranbrent has been trading at an average daily rate of 3.73 dollars,

03:01which is the highest during the same period in any month since December 2022,

03:07according to Bloomberg data.

03:09Prices have mainly fluctuated due to related risks,

03:13which could lead to retaliatory operations by Israel

03:17in response to a missile attack from Iran

03:19that affected the infrastructure of energy in an area that represents a third of the world's oil production.

03:27The rising tensions in the Middle East

03:31are caused by wide-ranging economic concerns,

03:34especially in Europe, which relies heavily on energy imports from abroad,

03:38as the euro area faces rising oil prices as a result of these conflicts,

03:44with a high probability of a rebound

03:47after the European Central Bank was unable to raise its funds in recent months.

03:52The high energy prices, which exceeded 10% in the last two weeks,

03:57could rebound if continued for a long time,

04:01which weakens the efforts of the Central Bank to lower it to acceptable levels.

04:06Despite attempts by the European Central Bank to maintain prices,

04:10through its monetary policy,

04:12the rise in energy prices may push it to reconsider its current strategy.

04:21AB Mullermersk and Hapag-Lloyd are planning to transfer the assets,

04:26which are beginning to cooperate in the sharing of ships,

04:29to start their sharing of the seas across South Africa,

04:32indicating that they expect the Red Sea to remain unsafe in 2025.

04:38The two companies decided to start cooperating in the service of Gemini

04:41in early February by using the Rejai Saleh headnet.

04:45Last month, the shipping company presented the details of their new partnership,

04:49which includes two alternative networks between the East and the West,

04:53depending on the possibility of crossing the Red Sea,

04:56to announce later that they decided to choose the long route

04:59due to the continuation of security concerns along the shortest route.

05:06The Chinese diplomatic mission of the International Trade Organization said that

05:10Beijing took the first step in starting a trade dispute with Turkey in the organization

05:14due to imposing tariffs on the imports of electric vehicles.

05:18It stated that the special measures taken by Turkey

05:21violate the rules of the International Trade Organization

05:24and aims to protect the country's economy by its nature.

05:27Beijing also insisted on following the rules of the International Trade Organization

05:30and implementing its measures immediately.

05:32Turkey announced in June that it will impose additional tariffs

05:36of 40% on the imports of vehicles from China.

05:40Last month, it imposed strict conditions on the import of hijacked vehicles,

05:44including those imported from China.

05:50This is the end of the economic news.

05:57Don't forget to like this video and subscribe to AllVisuals4U for more videos!

النشرة الاقتصادية - 12/10/2024

Category

Transcript

Recommended