Morocco Financial News

Bitcoin price action, this week has given some refreshing developments that could potentially change the course of the crypto market. From Trump’s aggressive appointment plans to appoint pro-crypto regulatory leaders to nations like China, Brazil, Morocco, and Hong Kong taking a more bullish stance on digital assets, here’s what happened in crypto over the week. Trump’s Plans for the Regulators:

The UK officially launched the Global Clean Power Alliance at the G20 Summit in Rio de Janeiro yesterday, fuelling hopes that a growing coalition of countries are willing to push for an ambitious new climate agreement at the COP29 Summit in Baku. Brazil, Australia, Barbados, Canada, Chile, Colombia, France, Germany, Morocco, Norway, Tanzania, and the African Union have committed to supporting the new alliance's first 'Mission', while the US and EU have been named as partners of the initiative.  COP29: Keir Starmer confirms UK will aim to cut emissions 81% by 2035 Prime Minister Kei...

Subscribe to enjoy similar stories. New Delhi: As state-run NTPC is set start construction of its green hydrogen hub in Andhra Pradesh by the end of the month, the company is in talks with possible buyers of the green molecule. NTPC is in talks with Japan's EPC major Toyo Engineering Corp.

Shillong Cherry Blossom Festival 2024 came to a grand conclusion on Saturday, leaving the festival-goers amazed with a legendary lineup of performances, cultural showcases, and fun activities that made this year’s event truly unforgettable. Held at the RBDSA Sports Complex, the two-day festival attracted more than 50,000 visitors each day, celebrating music, at the “Music Capital of India”. The final day was a fitting climax. Internationally acclaimed British band Clean Bandit delivering an electrifying performance that had the audience swaying to their global hits. Bollywood sensation Kanika Kapoor added her signature charm, while Dutch-Moroccan DJ R3HAB brought the house down with his high-energy beats, transforming the arena into a pulsating dance floor. Local stars, including Khasi Bloodz and SK Korn, continued to shine, representing the vibrant talent of Meghalaya and showcasing the region's deep connection to music.

FIFA must halt the process to pick Saudi Arabia as hosts of the 2034 World Cup unless major human rights reforms are announced before the vote next month, Amnesty International and the Sport & Rights Alliance (SRA) have said. Soccer's world governing body awarded the 2030 World Cup to Morocco, Spain and Portugal in October last year while Saudi Arabia is the lone bidder for the 2034 edition. Amnesty and the SRA said they had evaluated the human rights strategies proposed by the bidding countries and concluded in a new report that neither bid adequately outlined how they would meet the human rights standards required by FIFA.

Subscribe to enjoy similar stories. The culinary world has a new term—accessible luxury. It refers to an elevated dining experience enveloped in affordability.

A French delegation visiting Morocco with President Emmanuel Macron has unveiled investment plans in the disputed Western Sahara as part of a broader suite of agreements and partnerships between the two countries

French President Emmanuel Macron is arriving in Morocco, where he is scheduled to meet with the North African kingdom’s leaders and discuss partnerships regarding trade, climate change and managing immigration

The former CEO of Abercrombie & Fitch is expected to be arraigned on federal sex trafficking and interstate prostitution charges in a New York court

Sead specializes in writing factual and informative articles to help the public navigate the ever-changing world of crypto. He has extensive experience in the blockchain industry, where he has served...

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Subscribe to enjoy similar stories. I am writing this from a seaside cafe on the Greek island of Paxos. I’ve just ordered a freddo cappuccino.

German and Kenyan officials have signed an agreement to promote the recruitment of skilled Kenyan workers who can fill gaps in Germany’s labor market, and to facilitate the repatriation of Kenyans who don’t have the right to stay in Germany

Avinash Sable failed to keep pace with the best in the business as he finished 11th in the Paris Olympics men's 3000m steeplechase final race here on Wednesday. The 29-year-old Sable clocked 8 minutes 14.18 seconds while crossing the finish line after running in the lead briefly in the dramatic race. Sable had recently broken his own national record with a time of 8: 09.91 seconds at the Paris Diamond League. He has been training abroad for a long time in preparation for the Paris Games on funding from the government. Soufiane El Bakkali of Morocco defended his title, clocking his season's best of 8:06.05 while Kenneth Rooks (8:06.41) of USA and Abraham Kibiwot (8:06.47) of Kenya took silver and bronze respectively.

Olympics 2024 schedule for football shows that the United States will take on FIFA World Cup 2022 semi-finalist Morocco in a mouth-watering soccer match at quarterfinals stage on Friday, August 2. Olympics 2024 soccer match between Team USA and Morocco is scheduled to kick off at 9 am (ET) at Parc des Princes stadium in Paris on Friday. Viewers in the US can watch the United States and Morocco's soccer game on Peacock. Morocco is likely to win the Olympics 2024 football quarterfinals against Team USA.

Varun Beverages reported a 26% year-on-year (YoY) increase in its Q2 CY24 profit after tax (PAT), reaching Rs 1,262 crore. Revenue from operations stood at Rs 7,197 crore, up 28% YoY. In the corresponding quarter of the previous year, the company's revenue was Rs 5,611.4 crore. For the half-year ending June 2024, revenue showed a 21% YoY growth.

Morocco's Middle Atlas, people were sleeping on rooftops. Hanna Ouhbour needed refuge too, but she was outside a hospital waiting for her diabetic cousin who was in a room without air conditioning. On Wednesday, there were 21 heat-related deaths at Beni Mellal's main hospital as temperatures spiked to 48.3 degrees (118.9 degrees Fahrenheit) in the region of 5,75,000 people, most lacking air conditioning.

Golden fields of wheat no longer produce the bounty they once did in Morocco

₹16.13 trillion (4.9 % of GDP), is lower than the 5.1 % of GDP targeted in the interim budget. The latest GDP estimate for 2024-25 of ₹326.37 trillion is close to that used in the interim budget. Even so, the absolute reduction in the FD budgeted, by ₹72,000 crore, is more informative than in terms of percentages of GDP.