Morocco Financial News

Paying tribute to the victims of Morocco earthquake, Eiffel Tower's lights were turned off on Saturday in Paris, France. The light of the world famous tower were turned off at 11 pm. Notably, Morocco has witnessed one of its deadliest earthquakes in decades.

African Union (AU) Saturday formally took its seat as a new member of the G20 at the invitation of summit host Prime Minister Narendra Modi. In his inaugural address at the summit, Modi also expressed solidarity with Morocco as it grapples with the aftermath of a devastating earthquake and extended all the support that Rabat needs. In 2015, India had played a key role in Morocco's reinduction into the AU. The current chair of the 55-member AU is the Comoros President, who was greeted by Modi following the announcement.

Moroccan earthquake survivors huddled for a night in the open on the High Atlas Mountains on Saturday, a day after the country’s deadliest quake in more than six decades killed more than 2,000 people and laid waste to villages. Neighbours were still searching for survivors buried on the slopes, where houses of mud brick, stone and rough wood were cracked open and mosque minarets toppled by the quake that struck late on Friday. The historic old city of Marrakech also suffered extensive damage.

earthquake struck Morocco, sending people racing from their beds into the streets and toppling buildings in mountainous villages and ancient cities not built to withstand such force. More than 2,000 people were killed, and the toll was expected to rise as rescuers struggled Saturday to reach hard-hit remote areas. The magnitude 6.8 quake, the biggest to hit the North African country in 120 years, sent people fleeing their homes in terror and disbelief late Friday.

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Morocco on Friday night. This tragic event marked the deadliest earthquake to hit the North African country in decades. Reports indicated that rescue teams were struggling to reach the most affected areas, as roads were blocked by debris. One witness had said, «We were hoping for miracles from the rubble.» Morocco's state TV channel Al Aoula, citing the interior ministry, has reported that the death toll from the earthquake in Morocco now stands at 1,037, with over 1,000 individuals injured. The ministry has also indicated that 721 people are in critical condition. This earthquake marks the deadliest to strike Morocco in many decades.

ALSO READ: Morocco Earthquake: ‘India ready to offer all possible assistance', says PM ModiVideos and pictures shared on social media showed mountains of rubble and dust clouds as walls gave way to the earthquake's intensity. In other posts, frightened locals could be seen fleeing into the street and out of nearby buildings in search of safety.

cryptocurrency assets has gained momentum under the Indian G20 presidency, finance minister Nirmala Sitharaman said on Saturday addressing the media. However, she added that whether there will be a regulation or a complete ban will be decided following the G20 Finance Ministers and Central Bank Governors (FMCGB) in Marrakesh, Morocco scheduled to happen next month.

Narendra Modi on Saturday expressed grief at the loss of lives in an earthquake in Morocco and offered all possible assistance to it in this difficult time. A powerful earthquake that struck Morocco late Friday night killed at least 632 people. In a post on X (formerly Twitter), PM Modi said, “Extremely pained by the loss of lives due to an earthquake in Morocco.

Narendra Modi on Saturday expressed grief at the loss of lives in an earthquake in Morocco and said India is ready to offer all possible assistance to it in this difficult time. A powerful earthquake that struck Morocco late Friday killed more than 600 people. Modi began his opening remarks at the G20 summit by offering condolences to those affected by the tragedy.

Morocco Earthquake LIVE news: A powerful earthquake that struck Morocco late Friday night killed at least 296 people, the country's Interior Ministry said. Moroccans posted videos showing buildings reduced to rubble and dust and parts of the famous red walls that surround the old city in historic Marrakech, a UNESCO World Heritage site, damaged.

Morocco earthquake news: A powerful earthquake that struck Morocco late Friday night killed at least 296 people, the country’s Interior Ministry said as reported by Associated Press. Citizens posted videos showing buildings reduced to rubble and dust and parts of the famous red walls that surround the old city in historic Marrakech, a UNESCO World Heritage site, damaged. Apart from them, tourists in the city also posted videos of people screaming and evacuating restaurants.

Morocco experienced a significant earthquake late on Friday, resulting in structural damage in major urban centers and prompting residents to rush to the streets in alarm, from Rabat to Marrakech. Initial reports have not provided any information about casualties, and government authorities have yet to release statements regarding the impact of the quake. Videos shared by Moroccans depict some buildings reduced to debris, while tourists and others have uploaded footage of restaurant evacuations in Marrakech amidst the backdrop of pulsating club music. The U.S.

The United Nations has doubled down on its pledge to revive stalled negotiations over the disputed Western Sahara in a visit to the region this week in which its top negotiator met with officials on all sides

police data from authoritarian states and democracies, and a global adviser on how to handle criminal trends. Secretary-General Jurgen Stock, a German who took office in 2014, has said he believes all police officers ultimately have the same goal: stopping criminals. The challenge, he said in an interview with The Associated Press, is that Interpol brings 195 very different countries into a network of databases of crimes and wanted fugitives. Interpol has no police force of its own, no weapons stockpile, and certainly no fleet of helicopters to swoop in and pluck criminals off rooftops.

CAIRO (Reuters) — Algeria's defence ministry said on Sunday its coastguard fired warning shots before firing directly at a man on a jet ski who entered Algerian waters, in an incident that a survivor said left two dead.

AFP. -Bongo's son and close adviser Noureddin Bongo Valentin, his chief of staff Ian Ghislain Ngoulou as well as his deputy, two other presidential advisers and the two top officials in the ruling Gabonese Democratic Party (PDG) "have been arrested,", according to the military official statement -They are accused of treason, embezzlement, corruption and falsifying the president's signature, among other allegations, the statement added -A country of just 2.3 million people, Gabon has been ruled by the Bongo family for more than 55 out of its 63 years since independence from France in 1960 -Notably, another group of mutinous soldiers attempted a coup in January 2019, while Bongo was in Morocco recovering from a stroke, but was quickly overpowered. -Paris maintains a military presence in many of its former territories -- including Gabon where it has 370 soldiers permanently deployed, some in the capital Libreville, according to the French defence ministry website -According to reports, Omar Bongo was one of France's closest allies in the post-colonial era and his son has long been a regular in Paris, where his family owns an extensive real estate portfolio that is being investigated by anti-corruption magistrates.

JERUSALEM/TRIPOLI (Reuters) — Libya's prime minister suspended Foreign Minister Najla Mangoush on Sunday and referred her for investigation after Israel said its Foreign Minister Eli Cohen had met her last week despite the countries not having formal relations.

Ripple (XRP) has continued to rise, with a strong buying trend keeping it around the $0.5235 level.

Police in Israel have reportedly accused entrepreneur Moshe Hogeg of defrauding users out of roughly $290 million through scams involving crypto projects.

FIFA World Cup events, the stage is set for an exciting future of international tournaments. Let's delve into what lies ahead in the realm of World Cup hosting. The year 2026 is poised to witness the FIFA World Cup make its way to North America.